IBJNews

Canadian firm buys former Fundex HQ for $3.7M

Back to TopCommentsE-mailPrintBookmark and Share

A Canadian real estate firm has purchased the former headquarters of Fundex Games Ltd. in Plainfield for about $3.7 million.

Dalfen American Corp. of Montreal bought the 110,000-square-foot building during an auction Wednesday, according to Key Auctioneers, which conducted the auction. The facility sits on 10.3 acres and includes 94,900 square feet of warehouse and 15,000 square feet of office space.

The building was sold as part of Fundex’s bankruptcy. Fundex, once the sole distributor of the game industry’s second-most-popular card game, Phase 10, folded late last year. Propel Equity Partners, parent of Plymouth, Mich.-based Poof-Slinky Inc., the maker of the iconic Slinky, paid $1.7 million to purchase Fundex in December.

The building technically was owned by 1570 S. Perry Road LLC, established by Fundex owner Chip Voigt and named for the building’s address. Fundex began occupying the building upon its completion in February 2007. The company signed a 21-year lease that was to expire in 2028, court records show.

Dalfen manages 11 million square feet of property in Canada and is expanding its holdings in the United States. In June, Dalfen purchased Shadeland Commerce Center, a 927,000-square-foot warehouse on Indianapolis' north-east side.

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT