Girl Scouts selling Zionsville tract, three others

Girl Scouts of Central Indiana is selling four of its nine camps, including a 68-acre property near Zionsville, after an
evaluation of its central Indiana real estate holdings.

The property north of Zionsville, Camp Hawthorne Trails, is just east of Michigan Road and north of State Road 32. The wooded
tract, which includes a stream, two cabins and a small lodge, is listed for $1.36 million, or about $20,000 an acre.

Because land sales have been scarce in recent years, Summit Realty broker Rebecca Baer, who has the listing, went back to
2007 to find sales of comparable property to determine pricing.

“There’s always a market for a unique property,” said Baer, who said the pricing could attract a retail
or commercial developer. Though there’s little new development of either kind happening right now, a residential developer
might see the land as a bargain. It could probably have commanded double the asking price five years ago when residential
real estate was booming, Baer said.

Girl Scouts has owned the camp since receiving it as a gift in the early 1960s.

The other Girl Scouts properties for sale are Camp Windigo, a 350-acre site near Upland in Grant County, and Camp Treaty
Line, on 38 acres near Centerville in Wayne County. Camp Treaty Line is listed for $99,900, about $2,600 an acre. Camp Windigo
is listed for $3,000 an acre. Baer said in all three cases the Girl Scouts’ preference is to sell the properties without
dividing them into multiple parcels.

A fourth property, 47-acre Camp Munsee near Muncie in Delaware County, isn’t listed with a broker. Girl Scouts is working
with Muncie-based Red-tail Conservancy, which wants to buy the property and preserve it.

The decision by Girl Scouts to sell the properties follows a consolidation among Girl Scouts councils nationwide in 2007
that left the local council with a much bigger service area and more real estate. The consolidation reduced the number of
councils nationwide from more than 300 to just over 100. The former Hoosier Capital Council, which served Marion County and
parts of surrounding counties, now serves 45 central Indiana counties.

It went from owning four camps to owning nine. The proceeds from the sales will be used to upgrade remaining camps.

The organization also relocated its headquarters Aug. 9 from 20,000 square feet of space at 1800 N. Meridian St. to 15,000
square feet at 2611 Waterfront Parkway, East Drive, Suite 100.

The Citimark Management property is better equipped to serve the needs of its members and is more convenient, said Deana
Potterf, director of communications for the local Girl Scouts council. Parking for the Meridian Street offices, where the
group had been for 15 years, was across the street from the building, for example.

Girl Scouts had occupied about a third of the Meridian Street building, which Potterf said is owned by Delano Realty.