{"id":1004128495,"date":"2015-10-01T02:17:49","date_gmt":"2015-10-01T10:17:49","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=362219"},"modified":"2020-04-13T23:30:58","modified_gmt":"2020-04-14T07:30:58","slug":"keystone-realty-sells-office-park-in-indianapolis","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/keystone-realty-sells-office-park-in-indianapolis\/","title":{"rendered":"Keystone Realty Sells Office Park in Indianapolis"},"content":{"rendered":"

By Adriana Pop, Associate Editor <\/em><\/p>\n

Cushman & Wakefield \/ Summit Realty Group<\/a> has arranged the sale of Waterplace Park, a four-building, 113,546-square-foot suburban office portfolio located along the Meridian Corridor in Indianapolis.<\/p>\n

\"Waterplace<\/a><\/p>\n

Waterplace Park in Indianapolis<\/p>\n<\/div>\n

An affiliate of Keystone Realty Group sold the property at 8935-9011 N Meridian St. to Evergreen Investment Corp.<\/a>\u00a0of Shelbyville, Ind. for an undisclosed amount. Keystone had owned the park since the beginning of 2014<\/a>, when the company invested around $9 million to acquire and renovate the campus.<\/p>\n

The C&W\/Summit sales team representing the seller was led by Capital Markets Vice President Alex Cantu and Senior Director Alison Melton. C&W|Summit also marketed the assets on behalf of Keystone Realty.<\/p>\n

Built in 1980, the office complex is currently 69 percent leased. Mid America Clinical Laboratories, Omnisource, and GoldPoint Clinical Research are among the property\u2019s tenants.<\/p>\n

\u201cWaterplace Park\u2019s combination of high visibility, efficient floorplates and beautiful park setting located in a dynamic infill location make this an ideal value add opportunity along the increasingly popular Meridian Corridor,\u201d Alex Cantu stated. \u201cEvergreen Investors will benefit from a highly stable rent roll as well as significant upside via the lease up of the remaining vacancy.\u201d<\/p>\n

Image via Summit Realty Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A new owner has emerged for this suburban office complex located in the largest and most dominant Indianapolis submarket.<\/p>\n","protected":false},"author":260,"featured_media":1004507262,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1590,21742],"tags":[682],"class_list":["post-1004128495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indianapolis","category-latest","tag-news"],"acf":[],"yoast_head":"\nKeystone Realty Sells Office Park in Indianapolis - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/keystone-realty-sells-office-park-in-indianapolis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Keystone Realty Sells Office Park in Indianapolis\" \/>\n<meta property=\"og:description\" content=\"A new owner has emerged for this suburban office complex located in the largest and most dominant Indianapolis submarket.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/keystone-realty-sells-office-park-in-indianapolis\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-10-01T10:17:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-14T07:30:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Waterplace-Park-in-Indianapolis.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adriana Pop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/keystone-realty-sells-office-park-in-indianapolis\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/keystone-realty-sells-office-park-in-indianapolis\\\/\"},\"author\":{\"name\":\"Adriana Pop\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/c6fbe4a6cd09e6097b39e787ae96d7ad\"},\"headline\":\"Keystone Realty Sells Office Park in Indianapolis\",\"datePublished\":\"2015-10-01T10:17:49+00:00\",\"dateModified\":\"2020-04-14T07:30:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/keystone-realty-sells-office-park-in-indianapolis\\\/\"},\"wordCount\":212,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/keystone-realty-sells-office-park-in-indianapolis\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/03\\\/Waterplace-Park-in-Indianapolis.jpg\",\"keywords\":[\"News\"],\"articleSection\":[\"Indianapolis\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/keystone-realty-sells-office-park-in-indianapolis\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/keystone-realty-sells-office-park-in-indianapolis\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/keystone-realty-sells-office-park-in-indianapolis\\\/\",\"name\":\"Keystone Realty Sells Office Park in Indianapolis - 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