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Chicago & Midwest  + Midwest  + Apartments  | 
Fishers District Fishers IN mixed-use development Indianapolis metro area

Thompson Thrift Trades Indy-Area MXU to JVM

Thompson Thrift has closed on the sale of Fishers District, a master-planned, mixed-use development in the Indianapolis suburb of Fishers, IN. Chicago-based JVM Realty purchased the property for an undisclosed price. 

The Fishers District development was designed across 18 acres to provide a sense of place and features a seamless blending of dining, retail, and entertainment establishments, along with The Mark at Fishers District, a 260-unit, class A+, luxury multifamily community, says Thompson Thrift. A dual-branded Hyatt House and Hyatt Place hotel is also on-site but was not part of the sale to JVM. 

“The Mark and Fishers District provides an unmatched investment opportunity in a vibrant, high-income suburb of Indianapolis,” said Jay Madary, president and CEO of JVM.

George Tikijian and Hannah Ott of Cushman Wakefield brokered the sale for Thompson Thrift.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
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