July 24, 2023

CORE PURCHASES KROGER ANCHORED SHOPPING CENTER

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

 

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