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Chicago & Midwest  + Midwest  + Retail  | 
Apple Glen Crossing shopping center Fort Wayne IN

Brixmor Trades 94% Leased Fort Wayne Power Center

JLL Capital Markets closed the sale of Apple Glen Crossing, a 150,163-square-foot, open-air power center anchored by Best Buy and Dicks Sporting Goods in Fort Wayne, IN. Terms of the sale weren’t disclosed.  

The team of Amy Sands, Clinton Mitchell, Michael Nieder and Tim Murray marketed the property on behalf of the seller, Brixmor Property Group. Berengaria Development, the real estate arm of Marcus Investments LLC, was the buyer.   

Positioned on 17.43 acres at 1720-1770 Apple Glen Blvd., Apple Glen Crossing has strong visibility due to its location between Illinois Road and Jefferson Boulevard, which have a combined traffic count of 56,308 vehicles per day. Currently it’s 94% leased to a dominant lineup of national tenants. 

The property is also within Fort Wayne’s destination retail corridor, which helps drive traffic to the center. According to Placer.ai, it has welcomed 3.7 million visitors over the past 12 months.  

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JLL's Sands

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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