Merrillville Office Building Sold by Latitude Commercial and Latitude Commercial Awarded Property Management Agreement by Buyer

Merrillville Office Building Sold by Latitude Commercial and Latitude Commercial Awarded Property Management Agreement by Buyer

Latitude Commercial represented the buyer and seller of this transaction and provided full-service management

Latitude Commercial has been assigned a Property Management Agreement for full-service management of a 15,735 square foot office building, located at 8605 Broadway just north of Methodist Hospital’s Southlake Campus. The property was purchased by an investor residing from the state of Michigan. The two-tenant building has very strong tenants in Meyers Glaros Insurance and American Structurepoint.

The building was sold as a Sale-Leaseback by Aaron McDermott, CCIM of Latitude Commercial, who represented the Buyer and Seller in the transaction. Aaron, President of Latitude Commercial said “It was a great deal for both parties. Meyers Glaros is committed to growing their insurance business in Merrillville and the investor has two great tenants on long term leases.”

The Latitude Property Management Division is honored at the chance to get to work with the Michigan investor. Ryne Pishkur, Director of Property Management at Latitude Commercial, said, “This is a great building that the seller had rehabbed very well over the last few years, and we’ll look to do our part in picking up where they left off.”

Latitude Commercial provides commercial real estate services such as purchasing, leasing, landlord representationtenant representation, and property management throughout Northwest Indiana and the Chicago Suburbs. To find out how we can help you, call us today at (219) 864-0200.