A 214,876-square-foot retail center in Lafayette, Ind., has sold to a limited liability company for approximately $21.4 million.

Baceline Investments LLC purchased the property, Lafayette Marketplace, free and clear of debt from Kimco Realty Corp.

Lafayette Marketplace, built in 1996, is located on State Road 38 across from the Tippecanoe Mall. At the time of sale, it was 80 percent leased to tenants that included Michaels, Petsmart, Pier 1 Imports and Staples.


What’s your opinion? Leave your comments below or send a
letter to the editor.

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
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