Marcus & Millichap arranged the sale of the 300,759-square-foot Richmond Square Mall in Richmond, Ind.

The value of the transaction was not disclosed.

Richmond Square is located at 3801 National Road East. Richmond Square was originally constructed in 1966 by DeBartolo Development and renovated in 1997. The enclosed mall is anchored by Sears, JC Penney, Office Max and Dillards, which was not included in the sale.

Florida-based Bayview Financial sold the property to an Indiana-based private investor.

Occupancy was at 97 percent at the time of sale.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage company.


Send tips, feedback or a letter to the editor to or call (510) 658-9252, ext. 124.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription