Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThese news notes appeared in IBJ’s Real Estate Weekly on June 1, 2021:
Sales
J.W.W. III Management Company LLC bought 2,840 square feet at 597 Banta St., Franklin. The buyer was represented by Britt Morgan of BP Morgan Co. The seller, First Financial Bank, was represented by Tim Murray of JLL.
State Bank bought 5,778 square feet at 3690 Concord Road. The buyer was represented by Steve Shook of Coldwell Banker Commercial Shook. The seller, First Financial Bank, was represented by Tim Murray of JLL.
Unlocking Profits, LLC purchased a 10,500-square-foot office building at 16848 Southpark Drive, Westfield. The buyer was represented by Mitch Doner of Bradley Company. The seller, Tillett Surette LLC, was represented by Dennis Roudebush of Roudebush Commercial Real Estate.
Asphalt Materials Inc purchased 20.48 acres at 5121 W. 86th St. The seller, Marathon Petroleum Company LP, was represented by Steve Schaub of Avison Young. The buyer represented itself.
Leasing
US Lawns leased 137 square feet at 1028 Virginia Ave. The landlord, North Hill Realty, was represented by Alison Melton of ALO Property Group. The tenant represented itself.
Papa Johns leased 1,280 square feet at Geist Corner Shops, 9669 Olio Road, McCordsville. The landlord, 96th Olio LLC, was represented by Keith Fried of McCrea Property Group. The tenant was represented by Robyn Swihart of Equivis.
Holy Hands leased 1,353 square feet at Greenbriar Shopping Center, 1291 W. 86th St. The landlord, Prime Property Investors Fund VIII LP, was represented by Jason Fried of McCrea Property Group. The tenant represented itself.
Excellence LLC signed a lease for 1,600 square feet at 2479 N. Meridian St. The landlord, DND Holdings LLC, was represented by Tim Murray of JLL.
Wing Stop leased 1,963 square feet at Avon Creek Shops, 10022 E. U.S. Highway 36, Avon. The landlord, Krishna’s Avon Creek LLC, was represented by Keith Fried of McCrea Property Group. The tenant was represented by Elizabeth Sheeran of @ World Properties LLC.
Altus Direct, LLC leased 2,096 square feet at 701 E. County Line Road, Greenwood. The tenant was represented by Matt Jackson of Jackson IG. The landlord, SNH Medical Office Properties LLC, was represented by Abby Zito and Bruce Gordon of Jones Lang LaSalle.
Pain and Aging Management LLC leased 2,157 square feet at 747 E. County Line Road, Greenwood. The tenant was represented itself. The landlord, Echo Greenwood LLC, was represented by Matt Jackson of Jackson IG.
Hand Surgery Associates of Indiana leased 2,165 square feet at 737 Green Meadows Drive, Greenfield. The tenant was represented by Stephen Adams of Hokanson Cos. The landlord, Green Meadows Professional Center, was represented by Matt Jackson of Jackson IG.
My Nails and Kangen Water Showroom leased 2,379 square feet at Oaklandon Commons, 11915 Pendleton Pike. The Landlord, TCP Oaklandon LLC, was represented by Jason Fried of McCrea Property Group. The tenant represented itself.
LePeep leased 3,051 square feet at 1346 Main St., Speedway. The landlord, DC Rebar Speedway LLC, was represented by Scott Lindenberg of Reliant Partners. The tenant was represented by Alison Melton of ALO Property Group.
R2X LLC signed a lease for 3,200 square feet at 2451 N. Meridian St. The landlord, DND Holdings LLC, was represented by Tim Murray and Kaley Eakle of JLL.
Ambrose Services LLC expanded its lease by 4,031 square feet at 8888 Keystone Crossing. The tenant was represented by Matt Waggoner of JLL. The landlords, M&J Wilkow and DRA Advisors, were represented by John Robinson and Abby Zito of JLL.
Metric Environmental leased 5,748 square feet at Hillsdale Business Park at 7825 Shadeland Ave. The tenant represented itself. The landlord, Brennan Investment Group, was represented by Brian Buschuk, Abby Zito and Danny Scheidler of JLL.
Prudential Financial Inc. leased for 8,665 square feet at 8888 Keystone Crossing. The tenant was represented by Graham Summers of JLL. The Landlords, M&J Wilkow and DRA Advisors, were represented by John Robinson and Abby Zito of JLL.
Innovation Associates Inc. signed a lease for 12,272 square feet at 8888 Keystone Crossing. The tenant was represented by Zane Brown of CBRE. The landlords, M&J Wilkow and DRA Advisors, were represented by John Robinson and Abby Zito of JLL.
Regus leased 21,420 square feet at 8888 Keystone Crossing. The tenant was represented by Nick Svarczkopf of CBRE. The landlords, M&J Wilkow and DRA Advisors, were represented by John Robinson and Abby Zito of JLL.
Construction
Capitol Construction completed a 4,198-square-foot office buildout for Beazer Homes at 9465 Counselors Row.
Capitol Construction completed a 5,400-square-foot office buildout for Velocity at 3248 N. Distribution Way, Greenfield.
Rates
The average rate for 30-year mortgages fell from 3% to 2.95% in the week ended May 27, according to FreddieMac. The rate for 15-year mortgages dipped from 2.29% to 2.27%.
Please enable JavaScript to view this content.