Damien Center acquires SPJ headquarters on North Meridian
Damien Center plans to use the building as a second satellite location, while SPJ headquarters employees will now work mostly on a remote basis.
Commercial Real Estate
Articles
Citimark plans $18M revamp of former HHGregg HQ for logistics uses
And because the property fronts the busy East 96th Street commercial corridor, the developer is also exploring options for retail outlots on the north end.
Indy-based developer in home stretch of $250M industrial project in Whitestown
About three years after first breaking ground, Indianapolis-based Strategic Capital Partners LLC has already brought to market about two-thirds of the 80-acre project, known as 65Commerce Park.
Westfield’s Rail restaurant plans a revival and return to its roots
No longer in a renovated barn, the Rail reboot will be reminiscent of original business model that combined sandwiches with a market.
Whiteland approves tax break for spec warehouse near Interstate 65
Cincinnati-based Uptown Commercial Partners plans to invest nearly $29 million to build the facility on a 40-acre site just east of the Graham and Whiteland roads intersection, and west of Interstate 65.
Former Trustee building on Mass Ave set for revamp with restaurant space on first floor
According to plans approved by the Indianapolis Historic Preservation Commission this month, Landmark Properties plans to make several changes to the five-story building to attract office and retail tenants.
Developers plan $300M, 125-acre Plainfield project with housing, commercial space
Percolating under the radar for two years, the first phase of Hobbs Station is expected to feature 300 apartments, 99 single-family homes and 500,000 square feet of logistics space.
Circle Centre ownership largely the same after 27 years
The disclosure of the group’s composition is the first since the mall opened in 1995, and comes about one week after Circle Centre Development acknowledged Simon Property Group’s exit.
Krispy Kreme making brick-and-mortar return to Indy in March
The new building will become the doughnut company’s first Indianapolis store since closing other locations more than a decade ago.
Simon unloads ownership stake in struggling Circle Centre mall
The remaining owners announced Friday that they were soliciting ideas for ways to redevelop the shopping center with an eye to multiple uses.
Developer submits incentive request for $200M project at Lafayette Square
The city on Wednesday confirmed it has received an incentive application from Sojos Capital LLC for tax-increment financing but declined to provide additional details.
Vast portfolio of Indy-area commercial buildings sells for $98M
A pair of Southern California firms bought the properties—which total just over 1.1 million square feet—in a deal with Indianapolis-based Mann Properties LP that quietly closed in late 2021.
Six new tenants set for Garage Food Hall with Cubans, empanadas, juices and more
Three of the upcoming dining options are owned by restaurateurs who already have locations in The Garage, part of the $300 million Bottleworks development on Mass Ave.
Iowa-based grocery chain Hy-Vee plans 150,000-square-foot store in Zionsville
Company announces it is finalizing plans to secure 26 acres of undeveloped land along Whitestown Parkway.
Real estate exec Woodard seeks adaptive reuse for old fan factory
Real estate executive Turner Woodard has closed on the acquisition of the former Horton Fan Factory in Carmel and plans to market it to an array of potential users.
Crackers Comedy Club plans revival after sharing news of its demise
After saying last week that the 40-year-old stand-up club was history, owner Ruth-Anne Herber announces a change in plans.
Rowland Design acquired by Cincinnati architectural firm
Rowland Design—one of the city’s largest and oldest commercial interior design firms—is changing its name to Luminaut Rowland in Indianapolis after being acquired by Luminaut, one of Cincinnati’s largest design firms.
Local developer planning townhouses in Old Northside neighborhood
Onyx+East is expected to appear before the Indianapolis Historic Preservation Commission on Wednesday for a preliminary review of the $6.5 million project.
2021 Year in Review: Companies rethink offices, leaving downtown spaces open
Salesforce and other major employers are continuing to evaluate their long-term plans for downtown office space, nearly two years after the pandemic sent companies scrambling to accommodate working from home.
Cook Medical builds Indy factory using only contractors with diverse owners
Hiring 100% diverse contractors to build a $15 million medical-device manufacturing facility was considered difficult, if not impossible, by many in the construction industry.