Muinzer Acquires Nine Properties, Development Site Near Purdue University

West Lafayette, Ind. — Muinzer has acquired a nine-property portfolio and 1.55 acres of land adjacent to Purdue University in West Lafayette for an undisclosed price. The acquisition includes a series of buildings on the 500-block of Hayes Street; 503 N. Grant St.; 411 W. Stadium Ave.; and 419 W. Stadium Ave. When combined with existing Muinzer portfolio assets, the acquisition creates a 2.24-acre assemblage. “Assemblage opportunities like this are very rare,” says Marc Muinzer, founder and CEO of Muinzer. “While we have no immediate plans for redevelopment, when presented with an opportunity to create one of the largest privately-owned land assemblages adjacent to any Big 10 University, we felt the need to seize it.” 

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