War Chest Real Estate Acquires Retail Property In Muncie, Indiana For $14.6M

War Chest Real Estate LLC has acquired a retail property located at 600 E McGalliard Rd in Muncie, Indiana. The property, spanning 77,871 square feet, was sold by AlbaneseCormier Holdings LLC for a total of $14,600,000. The sale price equates to approximately $187 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $14,600,000
• Date: 09/14/2022
• Address: 600 E McGalliard Rd
• Market: Muncie, Indiana

The brokerage firm JLL facilitated the transaction, with Amy Sands, Clinton Mitchell, Michael Nieder, and Tim Murray representing both the buyer, War Chest Real Estate LLC, and the seller, AlbaneseCormier Holdings LLC.