Newmark Brokers Sale of Indiana Retail Portfolio for $10.5 Million

by Julia Sanders

Indiana — Newmark has brokered the sale of a four-property retail portfolio in Indiana for approximately $10.5 million. The portfolio includes a Starbucks Coffee, Dollar Tree and two CVS/pharmacy properties totaling 34,814 square feet. Specific addresses and cities were not provided. Matt Berres, Samer Khalil and Jenna Barnett of Newmark represented the seller, a private developer. The team also procured the buyer, a REIT.

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