Cassidy Turley has helped sell a 104,248-square-foot shopping center in Brazil, Ind., for a price tag of more than $8 million.
Forest Park Master, LLC Tenants In Common (TIC) sold the Forest Park Plaza shopping center to Whitehouse, Ohio-based Devonshire REIT Inc. for $8.2 million.
The shopping center is located at 825 East National Ave. and U.S. Highway 40 in Brazil, about 60 miles west of Indianapolis. Cassidy Turley senior vice president and retail/land division manager Jacque Haynes represented the seller.
The retail center is grocery-anchored by Kroger and home to national tenants including Dollar General, Dollar Tree, Carquest Auto Parts, RadioShack, Family Video and Papa John’s Pizza. The property has a 96.3 percent occupancy rate.
