Indiana
Merchants Capital Does Fannie Mae M.TEB Deal in Minneapolis
Merchants Capital has secured $16 million in construction and permanent financing for an affordable mixed-use development in Minneapolis’ North Loop.… Read more
Aerospace Firm Commits to Indianapolis Location
HSA Commercial Real Estate executed a 56,592-square-foot lease with Safran Nacelles Services Americas LLC at its Gateway V distribution center in… Read more
Out-of-State LLC Picks Up St. Louis Retail
Marcus & Millichap arranged the sale of Tenholder Plaza, a 44,339-square foot retail property located in St. Louis. Financial terms… Read more
Interra Adds Associate Brokers for Next Phase of Growth
Interra Realty expanded its brokerage team with two new associate brokers, Michael Duckler and Mark Dykstra. Both are based at… Read more
365 Adds NJ Data Center to Portfolio
365 Data Centers, based in Norwalk, CT, added an 11th data center to its portfolio with the acquisition of NYI-NJ in Bridgewater,… Read more
Beaumont Buyer Nabs Nine-Property, 759K-SF National Retail Portfolio
Albanese Cormier Holdings shook hands with ShopOne Centers REIT to acquire a nine-property, 758,983-square-foot national retail portfolio, with locations in… Read more
Indy Industrial Sales Rise 46% Y-O-Y
The Indianapolis industrial market posted a 45.7% year-over-year increase in sales through the second quarter, says Avison Young. As Q3 2019 nears… Read more
Sears Cuts 250 Corporate Jobs; No Plans to Close HQ
Sears said it will cut 250 jobs at its corporate headquarters in Hoffman Estates, IL beginning in late October. However,… Read more
Opportunity Zones Ideal for Sustainability
Mention the term “Opportunity Zones,” and what might come to mind are commercial real estate developments in one of the… Read more
Goldie Initiative Fields Largest Scholarship Class to Date
The Goldie Initiative’s 2019-2020 class of Goldie Scholars is the organization’s largest ever, totaling 12 schools and 23 scholars, including… Read more
Evansville Apartments Land Fannie Mae Refi via Hunt
Hunt Real Estate Capital provided a Fannie Mae loan of $15.75 million to refinance Sugar Mill Creek Townhomes, a garden/townhouse-style apartment community in… Read more
CushWake Bolsters Industrial Team with Key Promotions
Cushman & Wakefield made two promotions within its logistics & industrial platform in the Americas. Jason Tolliver was named to the newly-created role… Read more
Indiana Section 8 is First in State for Fannie Mae M.TEB
Merchants Capital has secured $21.4 million in funding for the preservation of Carriage House of Evansville, a Section 8 housing development in Evansville,… Read more
KPR Acquires Jacksonville Shopping Center for $18M
New York-based real estate investment company KPR has acquired Bolton Plaza, a 174,037-square-foot retail shopping center in Jacksonville. The sales… Read more
Two-State Storage Portfolio Lands $12M Refi
Chicago-based Alliant Credit Union closed on the refinance of a three-property self-storage portfolio in Evansville, IN and Pine Bluff, AR… Read more
Indiana DaVita Facility Sells in 1031 Deal
Interra Realty brokered the $2.9-million sale of a 5,891-square-foot DaVita Dialysis Clinic at 816 119th St. in Whiting, IN. The single-tenant… Read more
Hammond Retail Trades in 1031 Exchange
A Marcus & Millichap team has completed the sale of a 9,327-square-foot new construction retail strip center in Hammond, IN. After… Read more
Vacancies Stay Low for Indy’s Industrial Market
Demand for industrial space shows no sign of slowing in the Indianapolis market, as vacancy rates remain low at 4.4%, Avison Young… Read more
eHealth Opts for Indianapolis as Eastern U.S. Base
Rubenstein Partners and Indianapolis-based Strategic Capital Partners are bringing online health insurance exchange eHealth to their Lakefront at Keystone office… Read more