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Chicago & Midwest  + Midwest  |  August 5, 2025
Jasmine Kilman
By: Jasmine Kilman

Marcus & Millichap Arranges Sale of Indianapolis Office Property

Marcus & Millichap has brokered the sale of 5455 W. 86th Street, a 24,362-square-foot office building in Indianapolis, Indiana.

The DiSalvo | Bender | Nulf Group, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the seller.  “This transaction reflects the continued strength of the small office market in Indianapolis,” said Joseph DiSalvo, senior managing director of investments. “With a sale price well over $100 per square foot, this deal underscores the strong fundamentals in this segment and positions the buyer for long-term success.” 

The fully leased, two-story building is located in northwest Indianapolis near I-465. Built in 1979 and fully renovated in 2020, it features modern finishes, a diverse tenant mix, and proximity to restaurants, retail and healthcare amenities.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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