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Valparaiso, Ind. — Marcus & Millichap has brokered the $12.4 million sale of Coolwood Plaza in Valparaiso. Anchored by a Strack & Van Til grocery store, the shopping center is home to 11 tenants and totals 104,234 square feet, according to CommercialCafe. The property is also home to a separately leased commissary space operated by Strack & Van Til that supports food preparation and distribution for 21 regional locations. Mitchell Kiven and Nicolas Kanich of Marcus & Millichap represented the seller, an entity affiliated with Chicago-based developer Weiss Entities LLC. Kiven procured the buyer, Lexington, Kentucky-based BC Wood Properties, in the transaction. Josh Caruana serves as Marcus & Millichap’s broker of record in Indiana.