Indianapolis
Indianapolis Industrial Portfolio Changes Hands
The two multi-tenant, fully leased assets totaling 480,000 square feet traded with help from Avison Young’s National Industrial Capital Markets Group.
Indianapolis: Full Speed Ahead
Demand for apartments continues to be strong, thanks to the locale’s relative affordability. The city’s high-quality education system and skilled workforce attract residents and employers, propelling economic growth.
Colliers International Secures 102 KSF Indianapolis Asset
The four and six buildings of the Corporate Center North feature a total of 101,727 square feet, leased 75 percent to Stericycle. The acquisition marks Tower Investments’ sixth purchase in Central Indiana.
Duke Realty Makes Promotions
Steven Schnur is a veteran in the company since 2003, having held roles as regional executive vice president and senior vice president of Duke Realty’s operations.
Indiana Jiffy Lube Portfolio Changes Hands for $2.5M
The Boulder Group represented both the seller—a global real estate fund—and the buyer—a domestic private investment group—in the two-property transaction.
Iron Gate Self-Storage Portfolio Changed Hands
The sale of the 1,466-unit portfolio was the largest self-storage transaction in Elkhart County, Ind. The six facilities have recently undergone improvements worth $1.1 million.
Griffin Capital Acquires Part Of Indianapolis Office Campus
The transaction price for the 133,400-square-foot, Class A office building was $29 million. The facility is one of three properties making up Midcontinent Independent System Operator Inc.’s headquarters and is fully leased for the next 11 years.
Exeter Property Group Selects Builder of 440 KSF Warehouse
GDI Construction will develop the speculative warehouse in Whitestown, Ind. The building is expected to be functional by late November 2017.
Sealy & Co. Buys Industrial Portfolio in Indianapolis
The seven buildings totaling 1.1 million square feet are located in the Park 100 campus within the city’s Northwest submarket.
South Street Capital and T2 Acquire Property Near Purdue University
The acquisition is the most recent of several joint ventures between the two real estate investment firms.