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Chicago & Midwest  + Midwest  + Retail  | 

Mission Capital to Auction Vacant IN Retail Sites

Mission Capital Advisors’ asset sales group is marketing five separate, vacant Indiana retail properties. The five properties, formerly occupied by the Marsh grocery chain or its LoBill Foods brand, range in size from 14,000 to 80,000 square feet. They’re located in Indianapolis (pictured), Richmond, Muncie and Lafayette.

“For value-add investors, these properties offer an excellent opportunity to acquire assets with significant upside at a very low basis,” said Mission Capital’s Kyle Kaminski. “The seller is highly motivated to find buyers for all five properties, and we anticipate interest from both local and national buyers seeking opportunistic investments.”

Kaminski and his colleagues, Will Sledge and Rob Beyer, are marketing the offerings on behalf of the seller, a CMBS special servicer. Each of the properties will be auctioned individually on the RealINSIGHT Marketplace platform, with the bidding window opening on December 3 and closing on December 5.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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