{"id":1004190630,"date":"2017-09-15T12:02:17","date_gmt":"2017-09-15T20:02:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004190630"},"modified":"2022-12-08T15:07:19","modified_gmt":"2022-12-08T23:07:19","slug":"priam-capital-acquires-second-indianapolis-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/priam-capital-acquires-second-indianapolis-office-building\/","title":{"rendered":"Priam Capital Acquires Second Indianapolis Office Building"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004190631\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004190631\" data-attachment-id=\"1004190631\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/priam-capital-acquires-second-indianapolis-office-building\/intech-10-indianapolis\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Intech 10, Indianapolis\" data-image-description=\"&lt;p&gt;Intech 10, Indianapolis&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Intech 10, Indianapolis&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png?w=800\" loading=\"lazy\" class=\"wp-image-1004190631 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png\" alt=\"Intech 10, Indianapolis\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004190631\" class=\"wp-caption-text\">Intech Ten, Indianapolis<\/p><\/div>\n<p>Class A Indianapolis office building Intech Ten has a new owner. Nashville, Tenn.-based Priam Capital bought the property from Colony Northstar, in a transaction brokered by JLL. The 116,248-square-foot building is 94 percent occupied, with several tenants having a tech profile.<\/p>\n<p>&#8220;<em>A surge in the technology sector is pushing tech employment to record highs in Indianapolis,<\/em>&#8221; said JLL Executive Vice President Rebecca Wells, in prepared remarks. &#8220;<em>Colony Northstar chose the right time to maximize their opportunity by selling Intech Ten, which is part of the only privately held, certified technology park in Indiana.<\/em>&#8220;<\/p>\n<p>In addition to Wells, the JLL broker team representing the seller also included Senior Vice President Jack Hogan and Senior Associate Kevin Gillihan. This is not the first time that JLL and Colony Northstar have worked together. The companies recently teamed up to close\u00a0several <a href=\"https:\/\/www.commercialsearch.com\/news\/jll-brokers-18m-sale-of-phoenix-industrial-asset\/\">Phoenix office deals<\/a>.\u00a0<\/p>\n<h2>A variety of amenities<\/h2>\n<p>The office building is located at 6640 Intech Boulevard, close to the Zionsville and Carmel suburbs, two preferred areas for highly-skilled residents. It can be easily accessed via Interstates 465 and 65 through the recently redesigned 71st St. interchange.<\/p>\n<p>A Lauth Group development, the facility occupies 210 acres and is surrounded by a beautiful setting. According to the property brochure, amenities include sonnet fiber optic network, 2.5 miles of walking paths connecting to Eagle Creek Park, showers in the first floor restrooms and access to several retail businesses.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLL brokered the transaction on behalf the seller, Colony Northstar. The asset is a 116,248-square-foot property located approximately 15 minutes from downtown. <\/p>\n","protected":false},"author":1064,"featured_media":1004190631,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1590,13,21742,21747],"tags":[33430,32796,37580],"class_list":["post-1004190630","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-indianapolis","category-midwest","category-latest","category-office","tag-colony-northstar","tag-jll","tag-priam-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Priam Capital Acquires Second Indianapolis Office Building - 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\/priam-capital-acquires-second-indianapolis-office-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Priam Capital Acquires Second Indianapolis Office Building\" \/>\n<meta property=\"og:description\" content=\"JLL brokered the transaction on behalf the seller, Colony Northstar. The asset is a 116,248-square-foot property located approximately 15 minutes from downtown.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/priam-capital-acquires-second-indianapolis-office-building\/\" \/>\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=\"2017-09-15T20:02:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T23:07:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/09\/Intech-10-Indianapolis.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gabriel Circiog\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/priam-capital-acquires-second-indianapolis-office-building\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/priam-capital-acquires-second-indianapolis-office-building\/\",\"name\":\"Priam Capital Acquires Second Indianapolis Office Building - 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