Indiana

Michigan City, Ind. — Hanley Investment Group has arranged the sale of Lake Park Plaza, a 114,867-square-foot, Hobby Lobby-anchored shopping center in Michigan City. The sales price was not disclosed, but the property was listed for $6.3 million. Eric Wohl and CJ Kiehler of Hanley Investment Group, in association with ParaSell Inc., represented the seller, RCG Ventures. The buyer was a private investment company based near Miami. Lake Park Plaza is located less than 60 miles from Chicago and is situated on 20.8 acres at 4303-4361 Franklin St. in Indiana’s …

Bloomington, Ind. — First National Realty Partners has acquired Whitehall Plaza, a grocery-anchored center in Bloomington. Anchored by a 62,426-square-foot Kroger store, the shopping center spans a total of 172,485 square feet. The property, located at 500 South Liberty Drive, is 92 percent occupied. Additional tenants include Planet Fitness, JoAnn, Regions Bank and Freddy’s Frozen Custard and Steakburgers. The seller and sales price were not disclosed.

Indianapolis — Marcus & Millichap has arranged the $2.9 million sale of North Meridian Shops in Indianapolis. The 17,000-square-foot retail strip center is located at 3787 N. Meridian St. Many of the property’s tenants, including T-Mobile, have operated at the location in excess of 10 years. Jordan Klink of Marcus & Millichap’s The Klink Group represented the seller, J&R Enterprises of Indianapolis II LLC. An agent out of Marcus & Millichap’s Philadelphia office represented the buyer, BA Properties I LLC, which is a Pennsylvania-based limited liability company.

Indianapolis — Marcus & Millichap has arranged the sale of a Walgreens-occupied property in the Nora submarket of Indianapolis for $3.7 million. The single-tenant building is located at 1505 E. 86th St. Jordan Klink of Marcus & Millichap marketed the property on behalf of the seller, Indianapolis-based Westfield Pointe LLC, and sourced the buyers, Nora LLC and PP Nora LLC.

Fort Wayne, Ind. — Hanley Investment Group has arranged the sale of two multi-tenant retail properties located in Fort Wayne for a combined total of $11.8 million. Hanley Investment Group’s Dylan Mallory and Jeff Lefko represented the seller, a private partnership between Jackson Investment Group and McCormack Development, in the transaction. Matt and Bart Jackson of Jackson Investment Group also played a brokerage role in the sales transaction. Daniel Waszak of Quantum Real Estate Advisors Inc. represented the buyer, a private investor based in Mexico City. Located at 407 W. …

Kendallville, Ind. — Marcus & Millichap has brokered the $1.8 million sale of a single-tenant, net-leased retail property in Kendallville, about 30 miles north of Fort Wayne. The building, located at 510 Fairview Blvd., is occupied by Rural King. The retailer offers essential goods and farming products. Jordan Klink of Marcus & Millichap marketed the property on behalf of the seller, Los Angeles-based Walmilton LLC. Klink also sourced the buyer, Indiana-based K&K Real Estate Associates LLC. Rural King, founded in 1960, maintains more than 120 stores in 13 states.