Walton Street Capital Sells Two Retail Centers in Indiana, Nevada

by Alex Tostado

Schererville, Ind. and Sparks, Nev. — Walton Street Capital has sold Town Square, a 138,571-square-foot retail center in Schererville; and Silver State Plaza Shopping Center, a 155,471-square-foot property in Sparks. Albanese Cormier acquired both centers in separate transactions. The sales prices were not disclosed. Town Square was delivered in 2001 and was leased to tenants including Bed Bath & Beyond, Old Navy, Shoe Carnival and T.J. Maxx at the time of sale. The property is situated at 40-124 Indianapolis Blvd., 29 miles south of downtown Chicago. Clinton Mitchell and Amy Sands of JLL represented the seller in the transaction.

Silver State Plaza is located at 410-790 N. McCarran Blvd., five miles east of downtown Reno. The asset was 97 percent leased at the time of sale to tenants including Ross Dress for Less, Dollar Tree, Planet Fitness, Wendy’s and CVS/pharmacy. Gleb Lvovich, Daniel Tyner and Tony Ensbury of JLL represented the seller in the transaction.

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