Farmington Hills, MI – (March 3, 2022) Friedman Real Estate, one of the nation’s leading providers of commercial real estate services, recently sold a Walmart-Shadowed multi-tenant retail center, located in Hammond, Indiana. The center is fully occupied by four big-box tenants, three of which are major national tenants: Ross Dress for Less, Dollar Tree, and Rainbow. The property is part of a new development in the Hammond Marina District, which also includes the Horseshoe Casino and a brand new Walmart Super Center. Friedman’s Steven Silverman advised the purchaser in the transaction.
Silverman has transacted on more than $500 million dollars worth of commercial real estate, spanning 20+ million square feet nationwide. Steven specializes in the acquisition and disposition of investment-grade real estate assets and is also a well-recognized expert in stabilized, value-add, and distressed property auction sales.
About Friedman Real Estate
As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Real Estate provides clients with a single point of contact for the full range of Advisory, Property Management, Multi-Family, Brokerage, and Construction services that it offers.
Friedman manages more than 140 commercial properties encompassing more than 15M SF and more than 13,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $20 billion in closed transactions. As owners and managers of commercial property for over 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives. Additional information is available at friedmanrealestate.com and on LinkedIn, Facebook, Instagram, YouTube, and Twitter.