Indianapolis
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
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
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
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
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