Hanley Investment Group Real Estate Advisors, in association with ParaSell, Inc., arranged the sale of four separate Indianapolis metro neighborhood retail strip centers totaling nearly 83,000 square feet in the last 45 days of 2025, with a combined sale price of more than $30.5 million.

Three of the centers — Brookschool Plaza, Sunblest Shoppes and Geist Corner — were owned by the same Indianapolis-based private investor. The fourth property, Geist Landing, was owned by Thompson Thrift.

The transactions highlight continued investor demand for daily needs retail in central Indiana, where Hanley Investment Group has closed 15 individual transactions valued at over $65 million in the past 12 months.

“We continue to see an expanding buyer pool for this asset type, driven by strong demographics, consistent tenant performance and the long-term stability that neighborhood centers provide,” said Mallory. “Investors remain highly motivated to place capital in markets like Indianapolis, where fundamentals support durable income and steady appreciation.”

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