Indiana

Indianapolis — Colliers has negotiated the sale of Avalon Crossing Shopping Center, an 82,847-square-foot neighborhood retail center in Indianapolis. Alex Davenport, Rachel Patten and Alex Cantu of Colliers, along with Seth Biggerstaff of Veritas Realty, represented the seller, Landmark Properties. The buyer was Ziff Real Estate Partners. Tenants at the property include Starbucks, Dollar Tree, Jimmy John’s, George’s Neighborhood Grill and Anytime Fitness. The three-building center was 92.6 percent leased to 18 tenants at the time of sale.

Terre Haute, Ind. — Hanley Investment Group Real Estate Advisors has arranged the $5.3 million sale of Eastview Commons, a newly constructed, 9,140-square-foot retail property in Terre Haute, about five miles east of the Illinois border. Dylan Mallory of Hanley, in association with ParaSell Inc., represented the seller, Terre Haute-based Gibson Development. The buyer was a private investor based in Pennsylvania. Built in 2025, Eastview Commons is fully occupied and anchored by Chipotle. Additional tenants include Azzip Pizza, Route 46 Liquors and Nailvana. The four-tenant retail property is positioned as …

Valparaiso, Ind. — Marcus & Millichap has arranged the $4.3 million sale of two adjacent single-tenant retail properties in two separate transactions located in Valparaiso. Chipotle is located at 2803 Calumet Ave. and 7 Brew is located at 2805 Calumet Ave. The newly constructed retail buildings operate on 15-year leases. Nicholas Kanich and Mitchell Kiven of Marcus & Millichap listed the property on behalf of the seller, an Indiana-based retail developer and operator, and procured both buyers, a Nevada-based investment and development firm and an Indiana-based investor and residential developer. 

Noblesville, Ind. — Cushman & Wakefield has arranged the sale of Stony Creek Marketplace, a 204,810-square-foot, regional shopping center located in Noblesville, roughly 27 miles north of Indianapolis. Best Buy, T.J. Maxx and HomeGoods anchor the property, which was built in 2003. Other tenants include Barnes & Noble, Five Below, PetSmart, Ross Dress for Less and Shoe Carnival. Stony Creek Marketplace was fully leased at the time of sale. Evan Halkias, David Matheis and Bill French of Cushman & Wakefield represented the seller, Rainier Cos., in the transaction. The buyer was …