EVANSVILLE, Ind. — Lawndale Commons has new proprietors, and new shops are set to open up at the centre in spring. 

The sprawling buying centre alongside South Inexperienced River Street — that involves Schnucks, Earth Physical fitness, and numerous other businesses — was on the marketplace in 2019 for $11.74 million.

In 2020, Brookwood Funds Advisors out of Nashville, Tennessee, ordered the residence. 

Managing Director Ben Hamd explained they’re enthusiastic to enter the Evansville industry and are operating to provide new shops to the center. 

“We’ve been in Evansville a couple occasions and are fired up to acquire on a task listed here,” Hamd said. 

When the listing for Lawndale Commons was posted, the browsing centre was 65 percent occupied with 17 overall tenants. 

Brookwood Capital is hoping to get it at 100 p.c occupancy and has by now brought in some new shops.