Bianco Properties acquired Calumet Center, a 45,445-square-foot retail shopping center at 7951 Calumet Ave. in Munster, Indiana, from B&D Holdings for nearly $10.2 million, or $223.90 per square foot. The transaction carried a cap rate of 7.68% and a net operating income of $781,458.
Suburban Chicago retail center sells for $10.2 million
Bianco Properties acquires fully leased Calumet Center in Munster, Indiana
By Jennifer John with
June 3, 2026 | 8:24 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Bianco Properties
Real Estate
- B&D Holdings
Management of Companies and Enterprises
- Contacts
- Will Walton
Partner, Berkeley Capital Advisors
- Gus Bowen
Managing Director, Berkeley Capital Advisors