Marcus & Millichap closed the sale of Capital Centre, a two-building small bay warehouse portfolio in South Bend, Indiana. The property sold for $2.4 million.
Julia Evinger, investment specialist in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller, a trust, and procured the regional buyer.
Located at 3371 Cleveland Road, Capital Centre is a two-building, 44,837-square-foot small bay warehouse portfolio in South Bend’s Toll Road Industrial Park. The property comprises 16 units with a diverse tenant mix including professional services, medical, industrial and media and entertainment. It is positioned five minutes from the Interstate 90 and U.S. 31 interchanges and is minutes from South Bend International Airport.
