Latitude Commercial Sells Hobart Office Investment

Latitude Commercial Sells Hobart Office Investment

Hobart, IN | January 6, 2022 | Latitude Commercial, a commercial real estate brokerage headquartered in Crown Point, has sold 7781 E. Ridge Road in Hobart. The 5,288 square foot professional office building houses three tenants renting spaces at market rates. One tenant is a medical office user and the other two are professional services. The property was listed at $549,000 and closed at $535,000. The buyer was a local investor.

Antony Miocic, Director of Office Group at Latitude Commercial, represented the seller in the transaction. “This is a brick building directly across the street from Stracks in Hobart. In my opinion, this building is one of the higher end properties in the area and I felt confident representing it. Our three tenants were all credit-worthy as well.”

Latitude Commercial provides commercial real estate services such as purchasing, leasing, landlord representation, tenant 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