Mid-America Asset Management Secures University of Chicago CRE Operations Deal

Mid-America Asset Management Inc. has secured the management and accounting services contract for The University of Chicago’s Commercial Real Estate Operations (CREO) in Chicago. The CREO encompasses over 600,000 square feet of commercial retail, office, and entertainment spaces situated near the university’s main campus.

Diverse Tenant Base & Retail Portfolio

The CREO plays a vital role in fostering a diverse and expanding tenant base around 53rd Street in Hyde Park, contributing to the development of a lively commercial corridor.The retail portfolio within CREO comprises numerous independently owned and operated businesses, including a mix of prominent national tenants such as LA Fitness, Starbucks, Ulta, Stan’s Donuts, Sweetgreen, and Five Guys, among others. Mid-America Building Services has been instrumental in providing essential support services to the CREO team, including cleaning, day-porter, and maintenance services.

Key Team Members

The successful acquisition of the contract was spearheaded by Mid-America Asset Management, Inc. Principals Jean Zoerner and Matt Tomasek, along with Vice-President Tracee Johnson, demonstrating their expertise and capability in securing significant opportunities in the real estate management sector.