Indiana
Indiana’s Lawton Farms to be Put on the Auction Block
Lawton Farms, which features some of Indiana’s most productive farmland, will be offered at auction Tuesday, August 16, with Schrader… Read more
Buckingham Targets Over $1B in Real Estate Value Over Life of Two Funds
Indianapolis-based Buckingham Companies has closed its second real estate fund, the value-add Buckingham Multifamily Fund 2 (BMF2), at $215 million. … Read more
Electronics Firm Takes 90K-SF Lease in Forty540 II in Raleigh
Chevy Chase, MD-based FCP and Indianapolis, IN-based Strategic Capital Partners, LLC, have signed Renesas Electronics America, Inc., to a 90,000-square-foot… Read more
JV of Realterm and Missner Launches Addison Industrial Build
A joint venture between Realterm and The Missner Group has launched construction on its second project at 50 S. Fairbank… Read more
Stellantis, Samsung Select Indiana for $2.5B EV Battery Plant
Stellantis N.V. and Samsung SDI have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, IN.… Read more
Merchants Capital Completes $214M CMBS Deal via Freddie Mac Q-Series
Merchants Capital (MCC) and Merchants Bank of Indiana completed a $214-million CMBS securitization of 14 multifamily mortgage loans secured by 24 mortgaged… Read more
Duke Realty Resisting Prologis Takeover Bid Despite Big 29% Premium
(Updated with additional information) Logistics real estate giant Prologis has apparently been trying to buy Indianapolis-based Duke Realty in an… Read more
Marcus & Millichap Arranges $1.1M Sale of San Bernardino Retail Property
The Golden Sands Plaza, a 10,000-square-foot retail property in San Bernardino, CA has been sold for $1.1 million by a… Read more
A Huge $250M Mixed Use Redevelopment is Proposed for Downtown Indianapolis
An investment group led by a prominent Indianapolis clan, the Herb Simon family, has plans to demolish the 100-year-old CSX… Read more
Granite REIT Acquires 1.4M SF at Indianapolis Logistics Park
CBRE arranged the sale of Buildings 1 and 4 within Hendricks Gateway Park, a 214-acre logistics park in the Southwest… Read more
Benchmark Pyramid to Acquire Portland, OR-Based Provenance Hotels
Benchmark Pyramid and Provenance Hotels said Monday they had signed a definitive agreement under which Benchmark Pyramid will acquire Portland, OR-based Provenance. The… Read more
Scannell Properties Names Cameron Duff to Lead Development at Kansas City Office
Scannell Properties has named industrial property specialist Cameron Duff as director of development for its Kansas City office, the Indianapolis-based… Read more
Chicago’s Brennan Group Developing Two Cincinnati Industrial Properties
Chicago-based Brennan Investment Group has acquired 34 acres of land at Seward Road and Symmes Road in Fairfield, OH. The… Read more
CBRE IM Fund Acquires 64-Asset Self-Storage Portfolio
A fund sponsored by CBRE Investment Management (CBRE IM) has acquired a portfolio of 64 self-storage assets in 10 states across the… Read more
Thompson Thrift Residential Sells Luxury Multifamily Community Near Houston
Thompson Thrift Residential, a wholly owned affiliate of Indianapolis-based Thompson Thrift, announced the sale of Magnolia, a 336-unit Class A… Read more
Nitya Capital Closes Multi-City, Multifamily Property Deal Adding Properties in High-Growth US Markets
Houston-based Nitya Capital, a privately-owned real estate investment firm and operating company, announced an acquisition of 11 multi-family properties across… Read more
Spot Freight Expands in Indianapolis, New Office to Accommodate 200 New Hires
Fast growing logistics concern Spot Freight Inc. is expanding its Indianapolis presence with an additional downtown office. The expansion will… Read more
Marcus and Millichap Brokers Hammond Multi-Tenant Retail Center
Marcus and Millichap has brokered the $8 million sale of a 55,010-square-foot retail center located in the Hammond Marina District at… Read more
StorageMart Acquires New Store in the San Antonio Area
StorageMart, a family-operated business based in MO, has further expanded its San Antonio presence with the acquisition of a former… Read more