Hanley Investment Group Arranges $11.8 Million Sale of Two Multi-Tenant Retail Properties in Fort Wayne, Indiana

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. Coliseum Blvd., the Shops at 407 is a five-tenant retail pad building occupied by Mission BBQ, WingStop, CoreLife Eatery, Comcast and 5-Star Nutrition. The 14,271-square-foot building, built in 2019, features over 225 feet of frontage along Coliseum Blvd.

The second property, known as the Corner Shoppes, is located at 401-407 E. Coliseum Blvd. The newly renovated 12,939-square-foot building is situated on the corner of Coliseum Blvd. and Coldwater Road. Tenants at Corner Shoppes include Blaze Pizza, Red Wing Shoes, iCYRO, T-Mobile and Stanton Optical.

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