Hammond Industrial Property in Bankruptcy Sale

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A nearly 20-acre, high-profile industrial property in Hammond is on the auction block. New York-based A&G Real Estate Partners is accepting bids for the property near the Indiana Toll Road. The bid deadline for the bankruptcy sale of the property is April 16.

A & G says the plat is located just off the toll road and I-80/94, near Cline Avenue. The company says with such access, the property has a lot of potential.

“Given Indiana’s pro-business environment, lower taxes and excellent incentives, as well as the proximity of this site to intermodal transportation, this property presents an appealing real estate acquisition for industrial users or developers across the region,” said Jamie Coté, A&G senior managing director.

He says the property includes 115,000 square feet of structures in varying sizes, but the realty firm says some may need to be demolished.

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