CREC Sells Stake in Indiana Multifamily Property
Sterling Group has acquired the interest from the Ohio-based private equity firm. CREC has sold a stake in a multifamily asset in Indiana.
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Sterling Group has acquired the interest from the Ohio-based private equity firm. CREC has sold a stake in a multifamily asset in Indiana.
Sterling Group has acquired VER at Proscenium, a 196-unit community, which is part of a mixed-use development in Carmel, Ind.
Numerous retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis. Here's a rundown.
New grocery store on the horizon Updated 6:56 AM; Aldi, a discount supermarket chain, paid $1.35 million for 2.6 acres at Rangeline Crossing on Rangeline Road and Interstate 10 in Tillman’s Corner, according to Vallas Realty, which represented the seller, 24/7 Development Partners of Alabama. Rangeline Crossing is an 84-acre site that includes the 60,000-square-foot outpatient facility for the Veterans Administration, as well as Foosackly’s, Whataburger, Starbucks and other businesses. Capital Growth Real Estate represented Aldi. A local investor paid $850,000 for 3.4 acres on Ala. 181...
You can never have too many tacos Updated 8:43 AM; A 2,500-square-foot office building at 653 Government St., in downtown Mobile, was purchased by investors for $410,000, according to Richard Weavil of The Weavil Company, who handled the transaction. The seller was Ken McElhaney, a long time State Farm insurance agent who plans to retire, according to Weavil. The buyers have leased the building. P.S. Taco Company has leased 1,800 square feet in Rangeline Crossing, a new retail strip center development at 5000 Rangeline Crossing Drive in Mobile, according to Jill Meeks of Stirling Properties,...