Retail O Indiana

Quantum closes $1.2 million retail sale in Northwest Indiana

Quantum closes $1.2 million retail sale in Northwest Indiana,ph01

Quantum Real Estate Advisors has brokered the sale of a multi-tenant retail building at 5878-5991 Central St. in Portage, Indiana. The property sold for $1.235 million.

At the time of the sale, the property was leased to a mix of national and local tenants including Ace Hardware, The Paint Studio and Village Carpet & Tile.

The buyer was a private real estate investor based in the Chicago area. The seller was an acquisition and development company also from the Chicago area.

Chard Firsel, president of Quantum Real Estate Advisors, represented the seller and buyer in the transaction.