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| Claudia Steeb |
CHICAGO, IL, March 19, 2018 – Holliday Fenoglio
Fowler, L.P. (HFF) announces the sale of Jefferson Pointe, a
407,363-square-foot lifestyle center in Fort Wayne, Indiana.
The HFF team marketed the property for the seller, Institutional
Mall Investors LLC, as advised by Miller Capital Advisory, Inc. Jefferson
Pointe Center SPE, LLC purchased the asset.
Completed in 2000, Jefferson Pointe is home to a variety of
tenants, including Carmike Cinemas, Bed Bath & Beyond, Barnes & Noble,
Marshalls, Ulta Beauty, Old Navy, White House Black Market, Vera Bradley,
Michaels and Tucanos Brazilian Grill.
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| Amy Sands |
Additionally, the center is shadow anchored by a separately owned
Von Maur. Situated on 50.09 acres at 4110 West Jefferson Boulevard, the
center is strategically located in a highly trafficked area that sees an
average daily traffic count of 62,860 vehicles.
Jefferson Pointe is 3.3 miles from downtown Fort
Wayne, which is the second largest city in Indiana after Indianapolis, and
seven miles from the 12,010-student Indiana University Purdue University – Fort
Wayne Campus. More than 29,800 residents earning an average annual
household income of $86,154 live within the property’s ZIP code.
The HFF investment advisory team representing the seller included
senior directors Amy Sands and Clinton Mitchell and senior
managing directors Barry Brown, Dave Keller and Claudia Steeb.
For more
information, please contact:
KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420
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