Chris Dornin Of Dornin Investment Group Acquires Office And Retail Portfolio For $54M

Office & Retail Portfolio encompassing 20 properties across Texas, Michigan, Alabama, and Wisconsin. The total sale price amounted to $54,000,000, covering a substantial area of 1,100,000 square feet, which results in a price per square foot of $49.

Summary of transaction details:

• Property Type: Office & Retail Portfolio
• Transaction Amount: $54,000,000
• Square Footage: 1,100,000 SF
• Address: Texas, Michigan, Alabama, Wisconsin
• Market: Nationwide
• Buyer's Name: Chris Dornin
• Buyer's Company: Dornin Investment Group
• Buyer's Representative: Mike Guterman
• Brokerage: Bellwether Enterprise (BWE)

This transaction involved a non-performing loan acquisition, with debt and equity financing arranged by Bellwether Enterprise. Notable individuals participating in the deal include Chris Dornin and Mike Guterman, who played key roles in representing the buyer throughout the process.