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 ...
The Louisville, Ky., company purchased the retail property from a company calling itself Eastland Plaza LLC in a deal brokered by Cushman & Wakefield. Eastland Plaza, on 12 acres at 411 South Woodscrest Drive, was built in 1967 and is ...
REBusiness Online Kaden Cos. has paid $22.4 million, or $179.20/sf, for the 125,000-square-foot Eastland Plaza shopping center in Bloomington, Ind. The Louisville, Ky., company purchased the retail property from a company calling itself Eastland Plaza LLC in a deal brokered ...
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 do not trade on any exchange, ...
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 ...
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