DealPoint Merrill and SVN International closed on Gateway Promenade, a 110,000 square foot shopping center in Hammond, Indiana

DealPoint Merrill and SVN International closed on Gateway Promenade, a 110,000 square foot shopping center in Hammond, Indiana

Los Angeles, CA – December 27, 2016 – DealPoint Merrill and SVN International closed the 110,000 square foot Gateway Promenade shopping center, centrally located in the retail and business corridor of Hammond, Indiana anchored by Aldi’s Grocery store and Planet Fitness.

DealPoint Merrill’s executives, David Frank, CEO, negotiated the transaction, and Sterling McGregor, President, handled the due diligence for the sale. The acquisition was completed by Jason Limbert and Andro Torres of DealPoint Merrill.  The property was represented by Wayne Caplan, Senior Vice President of SVN Chicago Commercial. The Seller was Sabal Financial.