LANDMARK ARRANGES $8M SALE OF UNIVERSITY MARKETPLACE

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MARION, IND. — Landmark Commercial has arranged the sale of University Marketplace in Marion for $8 million. TJ Maxx, PetSmart and Hobby Lobby anchor the recently developed shopping center. Other retailers include Kohl’s and Meijer, which also own their own parcels in the shopping center. Daniel Kukes and Kevin Baker of Landmark Commercial represented the buyer, a non-traded REIT, and the seller, a Michigan-based developer, in the transaction.

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