Cassidy Turley helped close the sale by Columbus, Ohio-based Nationwide Mutual Insurance Company of the Southport Plaza shopping center to Woodbury, NY-based Realty Resource Capital Corp. for $11.4 million.
Built in 1999, the 85,062-square-foot Class-A power shopping center is located at 7565 South U.S. Highway 31 in Indianapolis. Cassidy Turley senior vice president and retail/land division manager Jacque Haynes and senior managing director Bill French represented the seller.
The shopping center is occupied with national and regional tenants including Petco, Shoe Carnival, Leslie’s Swimming Pool Supplies, American Mattress and Kittle’s Rooms Express, with 86 percent of the center under lease through 2023.
