BC Wood Properties Acquires Retail Center Coolwood Plaza In Valparaiso For $12.4M

The recent transaction involved the sale of a retail asset located at 2252 East Morthland Drive in Valparaiso, IN. The property, known as Coolwood Plaza, was sold for $12,400,000 and is anchored by Strack & Van Til, featuring a total of 11 tenants.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $12,400,000
• Buyer: BC Wood Properties
• Seller: Weiss Entities LLC
• Brokers: Mitchell Kiven & Nicholas Kanich - Marcus & Millichap

Mitchell Kiven and Nicholas Kanich acted as the representatives for the seller, Weiss Entities LLC, with Kiven successfully securing the buyer, BC Wood Properties, in this retail property transaction.