State: Indiana - IN

Commercial Real Estate Direct Staff Report Square Deal Investment Management has tapped JLL to secure financing against Indianapolis' Salesforce Tower, a 1.1 million-square-foot office property. The building backs a $108 million CMBS loan that comes due later this year. It's ...

Commercial Real Estate Direct Staff Report JLL Income Property Trust has paid $60.25 million, or $99.59/sf, for the 605,000-square-foot Whitestown Distribution Center III industrial property in Whitestown, Ind., a northern suburb of Indianapolis. The Chicago REIT, whose shares do not ...

Commercial Property Executive Hillwood has paid $41.7 million, or $75.24/sf, for 70 Connect II, a 554,228-square-foot industrial property in Greenfield, Ind., an eastern suburb of Indianapolis. The Dallas company acquired the property from Lauth Group Inc., which was represented by ...

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 AH Realty Trust, the former Armada Hoffler Properties Inc., has struck a deal to sell 11 of its 14 apartment properties in Virginia, Maryland, Georgia, and North Carolina for $562 million in cash to ...

First Farmers Bank & Trust has provided $26 million of financing for the construction of the 17-unit ONE15 Lofts on Kirkwood residential condominium buildings in Bloomington, Ind. The three-year loan was arranged by Maverick Commercial Mortgage of Chicago and American ...