City: Indianapolis
Retail Center in Carmel, Ind., Trades Hands
Commercial Property Executive A venture of Big V Property Group and Equity Street Capital has acquired Merchants' Square, a 232,284-square-foot retail center in Carmel, Ind. The purchase price could not yet be learned. Big V, of Charlotte, N.C., and Equity ...
Whitestown, Ind., Industrial Property Sells for $24.5Mln
Commercial Real Estate Direct Staff Report An affiliate of Distillate Capital Partners has paid $24.5 million, or $68.65/sf, for Park 130 at Whitestown Building 2, a 356,900-square-foot industrial property in Whitestown, Ind. The Chicago investor purchased the property from a ...
Circle Centre Mall
Hendricks Commercial Properties has agreed to pay about $85 million, or $107.53/sf, for Circle Centre Mall, a 790,505-square-foot shopping center in Indianapolis. The deal is expected to close in the first quarter of 2024. The Beloit, Wis., company is acquiring ...
Indianapolis Mall to Sell for $85Mln, $600Mln Redevelopment Planned
IndyStar Hendricks Commercial Properties has agreed to pay about $85 million, or $107.53/sf, for Circle Centre Mall, a 790,505-square-foot shopping center in Indianapolis. The deal is expected to close in the first quarter of 2024. The Beloit, Wis., company is ...
Connor Buys 322-Unit Apartment Property in Carmel, Ind.; Gets $57.5Mln Loan
Commercial Real Estate Direct Staff Report Connor Group has acquired the 322-unit Carmel Center Apartments in Carmel, Ind., funding its purchase with a $57.5 million mortgage from UMB Bank. The price that the Dayton, Ohio, investor paid could not be ...
Berkadia Arranges $42.95Mln of Financing for Purchase of Indianapolis-Area Apartments
Berkadia has arranged $42.95 million of debt and equity to facilitate Wilkinson Corp.'s purchase of the 250-unit Legacy Park apartment property in Brownsburg, Ind. The Yakima, Wash., investment manager purchased the property, at 6750 Legacy Park Drive, from Birge & ...
Morgan Properties Buys 470-Unit Apartment Property in Indianapolis
Commercial Real Estate Direct Staff Report Morgan Properties has acquired the 470-unit Astoria Park Apartments in Indianapolis. The King of Prussia, Pa., investment firm purchased the property from an affiliate of Besyata Investment Group, which had acquired it in 2019 ...
190,440-SF Industrial Lease Renewed Near Indianapolis
REBusiness Online Smart Warehousing has agreed to renew its 190,440-square-foot industrial lease at 909 Whitaker Road, a 381,493-square-foot property in Plainfield, Ind. Lee & Associates brokered the lease for the logistics company, while JLL represented the owner of the property, ...
Emmis Corp. Puts 140,000-SF Office Property in Indianapolis on Sales Block
REJournals.com Emmis Corp. is offering for sale One Emmis Plaza, a 140,000-square-foot office property in Indianapolis. The media company has hired Cushman & Wakefield to market the seven-story property, which was built in 1998. One Emmis Plaza, at 40 Monument ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
