MAG Capital Partners Acquires Office, Industrial Campus in Western Indiana
CLINTON, IND. — MAG Capital Partners LLC has acquired 3900 E. White Ave. in Clinton, which is located in west Indiana near the border of Illinois. The purchase price was not disclosed. The LEED Silver-certified property serves as the headquarters for White Construction Inc., a wholly owned company of Infrastructure and Energy Alternatives LLC (NASDAQ: IEA). The campus comprises a three-story, 51,000-square-foot office building that was constructed for the tenant in 2009. It also includes several industrial buildings totaling approximately 51,000 square feet. Jim Tuesley and Mary Garnett of Barnes & Thornburg LLP represented MAG Capital Partners, whose principals are Dax T.S. Mitchell and Andrew Gi, in the sale. Tim Mattingly of American Mortgage & Realty Corp. arranged acquisition financing through First Farmers Bank & Trust. Matt Deahl of Imperium Realty & Investments LLC, along with Alex Cantu and Alex Davenport of Colliers International, represented the seller.