Indiana
Berkadia Closes Four-Property MW Portfolio Sale
The Tristate Portfolio, a 545-unit, four-property portfolio of conventional multifamily communities located in Illinois, Indiana and Wisconsin, has traded hands… Read more
Duke Leases 824K SF, Acquires Pair of ‘Last Mile’ Facilities
Duke Realty executed 824,363 square feet of leases at newly-developed or recently-acquired buildings in SoCal. The Indianapolis-based REIT also expanded… Read more
NorthMarq Readies Construction Loan on SE Indiana MXU
NorthMarq Capital SVP Randall Waddell has finalized a $7.75-million construction loan for Jeffersonville Town Center, a 64,855-square-foot retail property in… Read more
Eldorado, Tropicana, GLPI in $1.85B, Six-State, Seven-Casino Property Deal
Reno-based Eldorado Resorts, Inc. is acquiring Tropicana Entertainment Inc. in a cash transaction that is valued at $1.85 billion. Gaming… Read more
Central Indiana’s Industrial Draws Value-Add Investors
As an industrial market, Indianapolis has a lot going for it, including its status as a strong regional distribution hub,… Read more
Ross Stores Takes Space at Charlotte’s LegacyPark West
A 431,035-square-foot lease was signed at a newly developed, Class A distribution facility within LegacyPark West, a master-planned, industrial business… Read more
Colliers Sells Republic Airways HQ in Indianapolis
Colliers International has closed on the sale of College Park Plaza, a 180,637-square-foot office property in the Northwest submarket of… Read more
Indianapolis Multifamily Changes Hands at Nearly 100% Occupancy
Tikijian Associates, which focuses on Indiana multifamily, has arranged the sale of Fountain Parc Apartments, a 240-unit community on the… Read more
WoodSpring Suites Expands Chicagoland Footprint
Holladay Properties LLC and Choice Hotels International have opened the third Chicago-area WoodSpring Suites location in Tinley Park, IL. It… Read more
CA Ventures Launches Student Housing Tower Near Purdue
CA Ventures’ student housing division has begun construction on RISE on Chauncey, a 16-story, 675-bed development near Purdue University in… Read more
Institutional Investors Buy Indy Assets for $33M
Meridian Plaza Two and Three, a pair of Class A office buildings in Indianapolis’ North Meridian/Carmel submarket, have been sold… Read more
AC Hotel Seattle Sold for $87M
Ishin Aju Hotel Bellevue LLC acquired the AC Hotel Seattle Bellevue/Downtown from Merrillville, IN-based White/Peterman Properties Inc., for $87 million.… Read more
IN Hotel Sale Brings Condor Closer to Portfolio Repositioning
Hotel REIT Condor Hospitality Trust has closed on the sale of a legacy hotel asset, the 135-room Comfort Suites in… Read more
400K-SF Lifestyle Center in Fort Wayne, Indiana Sold
Jefferson Pointe, a 407,363-square-foot lifestyle center in Fort Wayne, IN has been sold. HFF marketed the property for the seller,… Read more
Black Salmon Acquires Iconic Tower in Indianapolis for $70M
Miami-based Black Salmon acquired Bank of Montreal (BMO) Plaza in downtown Indianapolis from Chicago-based Hearn and Boston-based CrossHarbor Capital Partners… Read more
Geico Doubling Carmel Space, Hiring 1,500
The insurance company Geico will embark on a $16 million project that will nearly double its operations center in Carmel,… Read more
Indy’s Circle Centre Studies Carson’s Replacement
The city of Indianapolis and Simon Property Group will look to the future as they determine what to do with… Read more
Twin Cities Hotels Have Super Weekend
The Philadelphia Eagles may have won on the football field, but Twin Cities hotels won big in the money sweepstakes… Read more
Heitman Acquires Multistate, 1.4M-SF MOB Portfolio
Chicago-based Heitman LLC acquired a 1.4-million-square-foot medical office portfolio comprised of 17 buildings in seven states on behalf of an… Read more