Rafinia Acquires 50,000 SF Shopping Center in Southern Indiana

by Kristin Harlow

SALEM, IND. — Rafinia Property Group has acquired Riverside Shops of Salem in southern Indiana for $3 million. The shopping center is located at 403-405 S. Main St. in Salem. Built in 2008, the center is currently 96 percent occupied and is anchored by Dollar Tree and Goody’s. Indiana-based Equity Investment Group was the seller. Steve Anevski of Marcus & Millichap represented both the buyer and seller in the transaction.

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