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Sales/acquisitions

December 28, 2010

-Northwest Indiana-based Ray Rapchak Holdings has purchased the 89-unit White River Village apartments in Anderson. The property was listed for $1.2 million. The sales price wasn’t disclosed. The buyer and seller, court appointed receiver Glass-Ratner of Miami, were represented by Tikijian Associates.

-Canal Investments LLC bought a 40,511-square-foot manufacturing facility at 2535 Burton Ave. The price wasn’t disclosed. The buyer was represented by Terry Winton of Acorn Group. The seller, Canal Realty Inc., was represented by Bill Brennan of Lee & Associates. 

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