Indianapolis
Baceline Acquires KC Shopping Center, Sells Indy Asset
The shopping center is set in a busy retail corridor and is home to a mix of retail tenants including Quest Diagnostics and The UPS Store.
JV Acquires $133M IN Office Park
Strategic Capital Partners and Rubenstein Partners purchased the 19-building Precedent Office Park, which comprises 1.1 million square feet across single-, two- and multi-story properties.
Direct Connect Logistix Expands Indianapolis HQ
The expansion project started in 2016 and cost the company more than $2 million including several upgrades. The new office encompasses 14,000 square feet.
HSA Commercial Plans New Development in Suburban Indianapolis
The company purchased a 19-acre parcel near the Indianapolis International Airport, where it plans to develop a new 262,758-square-foot warehouse.
Lee & Associates Welcomes New SVP in Indianapolis
Rebecca Wells will oversee the firm’s platform of real estate services in the Midwest. She brings to the company more than 23 years of experience in commercial real estate.
Caesars to Buy Indiana Gaming Operator for $1.7B
The company, in bankruptcy not long ago, seems to see the purchase of Centaur Holdings as a safe bet. Subject to regulatory approvals and other closing conditions, the transaction is expected to close in the first half of 2018.
Transwestern Nabs 2.5 MSF Industrial Portfolio
The company has acquired nine properties in St. Louis and Indianapolis, expanding its Midwestern portfolio to more than 10 million square feet.
JV to Open 708 KSF IN Warehouse
The build-to-suit facility is scheduled for completion in the first part of 2018. The asset is expandable to 1,046,528 square feet and is located in the AllPoints Midwest industrial park.
JV Sells 27-Property Self-Storage Portfolio
HFF was tapped to market the 1.7 million-square-foot portfolio on behalf of the seller, a partnership between Westport Capital Partners and Store Here Management.
Next Steps for Health Care
As patients’ needs change and technology advances, health-care developments are adapting. Mainstreet Group’s Zeke Turner considers how the health-care real estate sector is shifting—and attracting investors along the way.