The asset was among nine commercial sales that closed between November 18 and 20 after being sold on Auction.com. During that time, assets were sold in nine states and had a combined total sales value of more than $28 million. Notable among those assets were:

Little Village Annex & Apartments, a 42-unit complex located in Buckner, MT, listed by LNR Partners;
Arkansas Square Plaza, a 30,699-square-foot retail center located in Arlington, TX, listed by JP Partners LT United Commercial;
West Main Street, a 13,071-square-foot office building located in East Alton, IL, listed by Johnson Properties.

As GlobeSt.com reported last week, the Bureau of Economic Analysis revised its initial estimate of the third-quarter GDP and reports that the US economy grew at a much stronger rate than previously stated, according to Chris Muoio, senior associate and economist with Auction.com. Muoio says the revised numbers bring third-quarter GDP to a real annualized 3.6%, which was well above the expected reading of 3.1% and the initial estimate of 2.8%.

Instant Insights /

Ontario MF Sells in Custom Auction

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