Core Marwood Plaza LLC has acquired Marwood Plaza center located in Indianapolis, IN. The 107,000 square foot shopping center is anchored by Kroger and Chase Bank.
“The prior ownership did a good job giving the center a facelift and committing Kroger to the location. These are very low rents with some additional vacancy upside and strong anchor performance. We expect top line growth for years to come.” – Drew Angel, Managing Partner
Marwood Plaza is located on a busy corridor with strong household density.
“Kroger’s commitment and performance speak for themselves. The center serves as a neighborhood hub with strong surrounding demo’s. ” – Robert Erlich, Managing Partner