Indiana
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
Construction Begins on 613-Key Austin Marriott Downtown
White Lodging has begun construction on the 613-room Austin Marriott Downtown, adjacent to the Austin Convention Center. The full-service, 31-story… Read more
Hillwood Acquires Four Indy Buildings Totaling 1.1M SF
Dallas-based Hillwood acquired four Class A industrial buildings totaling 1.1 million square feet in Indianapolis. Two properties in Plainfield, IN… Read more
Amazon Reveals Contenders for $5B HQ2
The short list of cities still in the running for Amazon’s $5-billion HQ2 includes 20 metropolitan areas. The giant Seattle-based e-commerce… Read more
Duke Proposes 540K-SF Facility Near Twin Cities
Duke Realty proposes to build two office-warehouse facilities in a planned four-building, 540,042-square-foot business park in Maple Grove, MN, which… Read more
Rubenstein, Strategic Capital Expand Indy Portfolio, Again
Indianapolis-based Strategic Capital Partners, LLC and partner, Philadelphia-based Rubenstein Partners, L.P., acquired the Precedent Office Park in Indianapolis’ Keystone Crossing… Read more
Milhaus Secures $320M for Four-State MF Portfolio
CBRE Capital Markets arranged the $320.5-million sale and recapitalization of Milhaus’s Urban Core Portfolio, a nine-property multifamily portfolio located in Indianapolis,… Read more
Duke Realty Adds Houston Facility to Portfolio
Bayport Distribution Center II, a two-building, Class A industrial warehouse in Houston, has sold. The fully-leased property totals 772,500 square… Read more
$142M Maternity Facility Upgrade Slated in Indianapolis
Riley Children’s Health plans to create a $142 million comprehensive maternity and newborn health center in Indianapolis. All inpatient obstetric… Read more
Plymouth Lands Indianapolis Portfolio
First Highland Management & Development Corp, Inc. disposed of a two-building, 607,231-square-foot industrial portfolio in Indianapolis for roughly $16.9 million.… Read more
Five Star to Sell Six Senior Complexes for $104M
Five Star Senior Living Inc. struck a deal with Senior Housing Properties Trust to sell six of its senior housing… Read more
Metro Air Business Park Adding 500K-SF Near Indianapolis Airport
A joint venture between Strategic Capital Partners and PCCP has begun construction of Metro Air Business Park Buildings Two and Six,… Read more
Six State, 27-Property Self Storage Portfolio Sold
A joint venture partnership between certain funds managed by Westport Capital Partners LLC and Store Here Management, LLC divested a… Read more
Transwestern Picks Up 2.5M-SF Midwest Industrial Portfolio
Dallas-based Transwestern Investment Group (TIG) acquired a nine-building industrial portfolio exceeding 2.5 million square feet in St. Louis and Indianapolis… Read more
Collin Phillips Joins Duke from Goodman
Duke Realty Corporation added Collin Phillips as Vice President of Leasing. In this position, Collin will be responsible for helping… Read more