HFF COMPLETES $21.38 MILLION RETAIL SALE

by admin

LAFAYETTE, IND. — Holliday Fenoglio Fowler (HFF) has completed the sale of Lafayette Marketplace, a 214,876-square-foot power center located in Lafayette, for $21.38 million. The project, located on State Road 38 across from Tippecanoe Mall, is shadow-anchored by Kmart. It is 80 percent leased to a tenant roster that includes Michael’s PetSmart, Pier 1 Imports and Staples. Paul Barile and Janice Sellis of HFF’s Chicago office, with Dave Keller of the firm’s Indianapolis office, represented the seller, Kimco Realty Corp. The property was acquired by Baceline Investments.

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