THREE-WAREHOUSE PORTFOLIO SOLD IN INDIANA

INDIANA — Three Indiana industrial properties operated by Meridian Automotive Systems totaling 790,000 square feet have been sold to a private party for an undisclosed price. The sale represents the liquidation of Meridian's significant property assets; the company initiated a Chapter 7 bankruptcy proceeding last August. The sale includes a 354,000-square-foot warehouse, located at 501 Northridge Drive in Shelbyville; a 233,000-square-foot property, located at 14123 Roth Road in Grabill; and a 203,000-square-foot building, located at 1890 Riverfork Drive in Huntington. Jim Fasone and Brian Dell of Summit Realty Group represented the buyer. BND Commercial's Karl Behrens and Signature Associates' Brad Viergever represented the owners of the Grabill and Huntington properties. Summit and Signature represented the owner of the Shelbyville property.