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Sales/acquisitions

May 18, 2010

-Duran Property Group purchased 1.5 acres at the southwest corner of State Road 44 and Progress Parkway in Shelbyville Marketplace, a mixed-use development in Shelbyville. The price wasn’t disclosed. Duran, owned by Dr. Dan Duran, plans to start construction this spring on a 14,000-square-foot building on the site. It will house Duran’s chiropractic business and other tenants. The seller, Progress Parkway LLC, was represented by Thompson Thrift, which will be the exclusive leasing agent for the building. The buyer represented itself in the transaction.

-Aaron’s Rents purchased a .98-acre outlot near the southwest corner of State Road 44 and Progress Parkway in Shelbyville Marketplace, a mixed-use development in Shelbyville. The price wasn’t disclosed. The buyer was represented by Chris Hake of Thompson Thrift. The seller, Progress Parkway LLC, was represented by O.J. Stocker of Thompson Thrift.  
 

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