Marcus & Millichap closed the sale of Century Plaza, a 18,215-square foot retail property located in Merrillville, IN, within the Chicago MSA. The asset sold for $5,330,000.
Alex Perez and Chris Garavaglia, investment specialists in Marcus & Millichap’s St. Louis office, marketed the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by Perez and Garavaglia. Josh Caruana, Indiana broker of record, assisted in closing this transaction.
Century Plaza is located at 3999 E 81st Ave in Merrillville “Century Plaza is a great example of continued investor demand for high quality retail assets in today’s market,” said Garavaglia. “We received multiple competitive offers within a short marketing timeframe and assisted the buyer in securing financing. We were very pleased with the outcome and thrilled to perform for a repeat client.”
The post LLCs Swap Ownership of Merrillville Retail Center appeared first on Connect CRE.
Marcus & Millichap closed the sale of Century Plaza, a 18,215-square foot retail property located in Merrillville, IN, within the Chicago MSA. The asset sold for $5,330,000. Alex Perez and Chris Garavaglia, investment specialists in Marcus & Millichap’s St. Louis office, marketed the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, …
The post LLCs Swap Ownership of Merrillville Retail Center appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate,