Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Apartments Trade in Indy’s Broad Ripple Village
Cushman & Wakefield has arranged the sale of The Coil Apartments and Fresh Thyme in Indianapolis to RDG Funds. Pricing was not disclosed.
Todd Stofflet, Jason Stevens and Susan Tjarksen represented the seller, Sheehan Companies and Browning Investments. The property is 151 units of new construction multifamily residences above a 33,500-square-foot retail space anchored by Fresh Thyme.
“The Coil Apartments are well-located in the popular Broad Ripple Village, anchored by a Fresh Thyme, and with a number of dining, entertainment, fitness and shopping options just minutes away,” said Stofflet. “This is one of the first sales of a Class A mixed-use property in Broad Ripple, and The Coil is commanding some of the top rents in the area. Overall, it’s well-positioned for long-term growth.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

Get Chicago News in 150 Words
