Commercial Real Estate Direct Staff Report Iconic Property Partners has paid $44.7 million, or $120,161/unit, for the 372-unit Deercross apartment property in Indianapolis. The Mahwah, N.J., investor acquired the property, at 7007 Deer Path Drive, from Wilkinson Corp. of Yakima, ...
PPM America Inc. has provided $125 million of financing against eight industrial properties with 3.9 million square feet around Indianapolis International Airport. JLL Capital Markets arranged the debt on behalf of the properties' owner, OVB Indianapolis Industrial LLC, a venture ...
Commercial Real Estate Direct Staff Report Hines Global Income Trust Inc. has paid $203 million, or $411.76/sf, for the 493,000-square-foot Clay Terrace retail center in Carmel, Ind., a city that's 25 miles north of Indianapolis. The Houston REIT, whose shares ...
REBusiness Online Thompson Thrift is planning to develop the Revere, a 350-unit apartment property in Westfield, Ind. The Indianapolis developer will build the property at the intersection of U.S. 31 and East 191st Street, about 20 miles north of Indianapolis. ...
REBusiness Online Dora Hospitality Group has broken ground on AC Fishers IN, a 135-room hotel in Fishers, Ind. The local developer is building the property at the northeast corner of Interstate 69 and 116th Street, about 16 miles north of ...
The portfolio is comprised of: - 5102-5160 West 76th St., with 257,400 sf; - 7826-7868 Allison Ave., with 180,100 sf; - 4919-4923 West 78th St., with the 311,600 sf; - 5406-5456 West 78th St., with 81,695 sf; - 9202-9214 East ...
Capital Partners has paid $107.3 million, or $83.17/sf, for a 1.29 million-square-foot industrial portfolio in Indianapolis. The Edina, Minn., company, which owns and operates 16.2 million sf of industrial space in four markets—Minneapolis, Milwaukee, Southwest Florida, and now Indianapolis—bought the ...
Associated, a transportation and logistics company, has agreed to fully lease the 89,612-sf Midway Building in Indianapolis. Holladay Properties of South Bend, Ind., owns the industrial building and was represented in the deal by JLL. The tenant was represented by ...
Commercial Real Estate Direct Staff Report Hendricks Commercial Properties has sold Carmel Tech Center, a three-building industrial and office property with 209,056 square feet in Carmel, Ind., for $28 million, or $133.94/sf. The Beloit, Wis., company sold it in a ...
The purchase price was not yet known. However, the property was assessed last year at a value of $43.38 million, according to the Marion County, Ind., assessor.
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