A 214,876-square-foot retail center in Lafayette, Ind., has sold to a limited liability company for approximately $21.4 million.
Baceline Investments LLC purchased the property, Lafayette Marketplace, free and clear of debt from Kimco Realty Corp.
Lafayette Marketplace, built in 1996, is located on State Road 38 across from the Tippecanoe Mall. At the time of sale, it was 80 percent leased to tenants that included Michaels, Petsmart, Pier 1 Imports and Staples.
***
What’s your opinion? Leave your comments below or send a
letter to the editor.
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!