Sales/acquisitions

Indy Management Group Inc. bought the two-building Sherman Commons retail strip center at 3709 E. Washington St. for $1.05 million. The buyer, which is a tenant in the 22-year-old center, was represented by Herb Feldmann and Cindy Hoskinson of Grubb & Ellis Harding Dahm & Co. The seller, Sherman Commons Associates LLC, was represented by Brian T. Southworth and Nathan D. Whalen of the local office of Marcus & Millichap Real Estate Investment Services. The center is 80 percent occupied.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets on
{{ count_down }}