Marcus & Millichap arranged the sale of the 300,759-square-foot Richmond Square Mall in Richmond, Ind.
The value of the transaction was not disclosed.
Richmond Square is located at 3801 National Road East. Richmond Square was originally constructed in 1966 by DeBartolo Development and renovated in 1997. The enclosed mall is anchored by Sears, JC Penney, Office Max and Dillards, which was not included in the sale.
Florida-based Bayview Financial sold the property to an Indiana-based private investor.
Occupancy was at 97 percent at the time of sale.
Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage company.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!