Indianapolis
Driven by Leisure and Hospitality Layoffs, Vegas and NYC Led Pandemic Job Losses
Just as certain demographic cohorts appear to be more vulnerable to COVID-19, so some metro areas—and job segments—have been hit… Read more
Newmark Closes Student Housing Sales in IN, KY
Newmark arranged the sales of The Avenue and The Lex, two mid-rise student housing assets totaling 1,007 beds in Indianapolis… Read more
Inland Private Capital Divests Indy Apartments
CBRE has arranged the sale of Solana Apartments, a 384-unit waterfront community in the Keystone Crossing submarket of Indianapolis. An… Read more
Simon, Taubman Reach Revised Agreement on Merger
Simon Property Group and Taubman Centers said Sunday that they’d reached a revised merger agreement that would see Simon paying… Read more
Sealy Acquires Indianapolis-Area Warehouse
Sealy & Company acquired a 133,160-square-foot Class A distribution center in Carmel, IN, within the Indianapolis market. The Dallas-based industrial owner… Read more
CushWake Arranges 761K-SF Industrial Lease in Locust Grove
Cushman & Wakefield has arranged a 760,608-square-foot industrial lease with commerce technologies and operations company Radial, at Phase I of… Read more
KeyBank Secures CMBS Loan on OH Industrial
KeyBank Real Estate Capital (KBREC) secured a $17.6-million fixed-rate CMBS loan for I3 Investors, an Indianapolis-based private real estate investment firm,… Read more
241K-SF Lease Brings Indy Warehouse to Full Occupancy
Newmark Knight Frank arranged a 241,043-square-foot industrial lease to DXL 3pl LLC at 7520 Georgetown Rd. in Indianapolis. This lease… Read more
KeyBank Secures Michigan’s First Freddie Mac Tax-Exempt Loan
KeyBank Real Estate Capital (KBREC) secured 23.2 million of fixed-rate financing for Indianapolis-based Herman & Kittle Properties, Inc. (HKP) to develop… Read more
Milhaus, Kite Will Add Apartments to Indy’s Glendale Town Center
Milhaus is partnering with Kite Realty Group Trust to revamp the 62-year-old Glendale Town Center in Indianapolis with the construction of AYR,… Read more
Chicago Tops Midwest List for Tech Startups
Chicago once again topped the ranking of the best Midwest cities for startups, according to a new report from locally based venture… Read more
CBRE Arranges Indy-Area Sale of 604K-SF Industrial
CBRE arranged the sale of Fishback 4, a 604,000-square-foot speculative industrial building within Fishback Creek Business Park, Whitestown, IN. SVP… Read more
Simon, Amazon Discuss Turning Vacant Anchor Stores into Fulfillment Centers
Amazon is in talks with Indianapolis-based Simon Property Group to put Amazon fulfillment centers in empty anchor store spaces vacated… Read more
Scannell Snags 70-Acre Five Below Development Site in Buckeye
Indianapolis-based Scannell Properties acquired a 70-acre site in east Buckeye for nearly $6.65 million. The site south of Interstate 10… Read more
Brooklyn Retail Condo Sells as Part of Multi-State Disposition
Gorjian Acquisitions completed the sale of the 489 Atlantic Ave. retail condominium in downtown Brooklyn as part of a disposition… Read more
Amazon Leases 530K SF in Indianapolis Region
Avison Young has secured Amazon for a 530,400-square-foot lease of a newly constructed building at Whiteland Exchange, a 2.4-million-square-foot industrial business park in Whiteland,… Read more
CBRE Advises on Sale of Hoffman Estates Marriott
CBRE Hotels acted as advisor for the seller on the recent sale of the Marriott Chicago Northwest located in Hoffman… Read more
Merchants Capital Names National Head of Production
Mortgage banking company Merchants Capital has hired Dwayne George as EVP, national head of production. He’ll lead Merchant’s sales offices in New York,… Read more
Hanley Arranges Deal for Community Center in Indy Suburb
Hanley Investment Group Real Estate Advisors completed the sale of the Bonn Building, a mixed-use community center in Fishers, IN, an affluent… Read more