{"id":1004373740,"date":"2019-12-05T09:04:18","date_gmt":"2019-12-05T17:04:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004373740"},"modified":"2021-05-10T02:06:15","modified_gmt":"2021-05-10T10:06:15","slug":"lexington-realty-trust-sells-indianapolis-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lexington-realty-trust-sells-indianapolis-office-building\/","title":{"rendered":"Lexington Realty Trust Sells Indianapolis Office Building"},"content":{"rendered":"
\"\"<\/a>

Crosspoint Plaza One<\/p><\/div>\n

Tempus Realty Partners has acquired Crosspoint Plaza One, a 138,636-square foot office building in Fishers, Ind. Yardi Matrix data shows Lexington Realty Trust sold the Class A asset after almost 15 years of ownership. Recently, Lexington spent $180 million for a 2.4 million-square-foot<\/a> e-commerce industrial portfolio in Cincinnati.<\/p>\n

Located at 10475 Crosspoint Blvd. close to a dense residential area, the four-story building is less than a mile from Interstate 69 via the new 106th St. exit, roughly 2miles from a Walmart Supercenter and almost 20 miles northeast of downtown Indianapolis. Completed in 1999 on a 10.3-acre site, the building was originally built-to-suit for Wiley Publishing\u2014which vacated the premises\u2014and is currently 20 percent occupied. The new owner intends to implement a renovation program for the common areas, outdoor spaces and the first-floor conference facility.     <\/p>\n

Colliers International\u2019s Vice President Alex Cantu and Associate Alex Davenport, together with Executive Vice Presidents Leader Matt Langfeldt and Rich Forslund worked on behalf of the seller.<\/p>\n","protected":false},"excerpt":{"rendered":"

The transaction marks the first time the 138,636-square foot Crosspoint Plaza One has changed hands since 2005.<\/p>\n","protected":false},"author":748,"featured_media":1004373743,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,1590,13,21742,21747],"tags":[37718,32763,36727,36386],"class_list":["post-1004373740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-indianapolis","category-midwest","category-latest","category-office","tag-alex-cantu","tag-colliers-international","tag-lexington-realty-trust","tag-tempus-realty-partners"],"acf":[],"yoast_head":"\nLexington Realty Trust Sells 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\/lexington-realty-trust-sells-indianapolis-office-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lexington Realty Trust Sells Indianapolis Office Building\" \/>\n<meta property=\"og:description\" content=\"The transaction marks the first time the 138,636-square foot Crosspoint Plaza One has changed hands since 2005.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/lexington-realty-trust-sells-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=\"2019-12-05T17:04:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T10:06:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/Crosspoint-Plaza-One-e1575556826748.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"982\" \/>\n\t<meta property=\"og:image:height\" content=\"737\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\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\/lexington-realty-trust-sells-indianapolis-office-building\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/lexington-realty-trust-sells-indianapolis-office-building\/\",\"name\":\"Lexington Realty Trust Sells Indianapolis Office Building - 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