Timber Development Corp Acquires Cass Commons Shopping Center In Logansport For $2M

The retail asset involved in this transaction is located at 3900 Lexington Road in Logansport, Indiana. Timber Development Corp acquired the property, known as Cass Commons Shopping Center, for a sale price of $2 million. The center comprises 20,000 square feet and is shadow-anchored by Walmart, featuring tenants such as Maurice’s, Great Clips, and Buffalo Wild Wings.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,000,000
• Address: 3900 Lexington Road
• Market: Logansport, IN
• Square Footage: 20,000
• Price Per Square Foot: $100
• Buyer: Timber Development Corp
• Broker: Daniel Waszak - Quantum Real Estate Advisors

Daniel Waszak from Quantum Real Estate Advisors acted as the broker in this transaction, facilitating the acquisition of the shopping center for Timber Development Corp, aligning the buyer's interests with this strategic investment in the retail market.