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A venture that includes Chrysler's pension fund has sold a 436,000-square-foot office building at 500 N. Meridian in a quiet, off-market deal. The buyer is Hanning & Bean Enterprises of Fort Wayne, Ind. Safeco is the largest tenant in the ...
Storage Express Holdings IV has lined up $12 million in financing for a portfolio of 3,292 self-storage units in central and southern Indiana. An undisclosed life insurance firm provided the financing, which has a 75 percent loan-to-value ratio and amortizes ...
Indianapolis StarDuke Realty Corp is developing a 186,500-square-foot office building in Indianapolis. The project, entitled One West, will be located at the northwest corner of 96th and Meridian streets in the Parkwood West office campus. Duke is also constructing a ...
Indianapolis Star A venture between Schmidt Associates, Halakar Properties, and Pillar Investments plans to construct a residential and retail project in downtown Indianapolis. The project will have 19,000 square feet of retail space and 46 residential units, including some with ...
An affiliate of the Meridian Cos. has paid $115 million for a portfolio of four Indianapolis apartment properties totaling 1,262 units.The Boston real estate firm purchased the properties from AMLI Residential Properties, a Chicago REIT.Meridian funded the purchase with $85.8 ...
Louisville Business JournalMHI Hospitality Corp. has shelled out $7.6 million for the Ramada Riverfront Inn in Jeffersonville, Ind., a 186-unit hotel with an attached commercial building containing two restaurants. MHI plans to "extensively renovate and rebrand" the hotel over the ...
Holliday Fenoglio Fowler Arranged $85.8 Million an Financing From Wachovia Securities
Triple Net Properties has paid $100 million for 220 Virginia Ave., a 562,000-square-foot office complex in Indianapolis.The Santa Ana, Calif., firm purchased the property on behalf of tenant-in-common investors from Prudential Real Estate Investors. The insurer marketed the property through ...
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