Hanley Investment Group announces sale of Planet Fitness in former Fort Wayne Kmart for $2.4 million | Fwbusiness

Mallory, a Central Indiana native, stated, “We’ve seen a rise within the variety of buyers fascinated with retail properties situated in Indiana. The pandemic has modified the way in which many buyers are evaluating properties, and the states which have had a less-restrictive response to the pandemic traditionally, much like Indiana, have attracted extra purchaser demand when in comparison with these states which have enforced extra restrictions.”

Mallory anticipates that purchaser demand for retail properties in Indiana will proceed to be at an all-time excessive for the rest of the 12 months.

Earlier this 12 months, Mallory acquired a CoStar Energy Dealer Award for finishing the sale of two multi-tenant retail properties positioned alongside Coliseum Boulevard in Fort Wayne for a mixed gross sales worth of $11.8 million. 

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