Salesforce.com appears to have scrapped plans to build its own downtown headquarters building and instead is seeking a huge block of space in an office tower to satisfy its aggressive growth plans.
Grassroots efforts by local residents have meant a boost in the number of restaurants and retailers in the historic Indianapolis neighborhood, which was once considered a suburb.
The congregation of St. John United Church of Christ in Cumberland has held its last service at the historic structure and is moving to temporary space. After a battle with town officials over the fate of the church building, leaders say they likely will demolish it.
Macerich Co. has agreed to sell minority stakes in eight U.S. malls for $2.3 billion to Singapore’s GIC Pte and property investor Heitman LLC.
Evergreen Investment Corp. bought the four-building Waterplace Park from Indianapolis-based Keystone Realty Group, which purchased the property out of receivership in January 2014.
Two local not-for-profits have partnered to buy a dilapidated apartment building along the Meridian Street corridor south of 38th Street that was vacated last November due to health and safety concerns.
The Hamilton County developer says real estate is a “very competitive” and “very entrepreneurial” pursuit.
The land, which the airport authority said it no longer needs for aviation uses, will be sold in tracts to enable the largest possible number of potential buyers to bid.
There’s no shortage of places to have a great lunch in central Indiana. But where do you go to close the big deal? IBJ asked locals where they like to go when it’s all on the line.
Rival brokerage Summit Realty Group has been using the Cushman name through its participation in the Cushman alliance. But it has agreed to terminate that affiliation.
Indianapolis Business Journal gathered leaders in the state’s commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 10.
Simon Property Group Inc. is proposing an estimated $20 million in improvements to Circle Centre mall, which spurred a downtown renaissance when it opened 20 years ago this month but now is showing signs of struggle.
The Indianapolis Zoo’s landlocked grounds prevent it from expanding. But leaders think they have found a solution—by joining the ownership group that wants to build an outdoor concert venue on the former General Motors stamping plant site across West Washington Street.
Westfield asked for proposals for a “lodging solution” on 5.26 acres of city-owned property immediately to the west of the future indoor soccer facility on 191st Street. Now officials are negotiating with bidder Jonathan Byrd’s, which offered a plan for a 180-bed hotel.
The building under construction on the former Market Square Arena site will be modern, with a calibrated glass facade and abundant green space.
Minneapolis-based Onward Investors LLC has purchased the 93-year-old building on East Washington Street and is planning a major renovation. The new owner hopes to attract a restaurant to the first floor.
Renaissance Electronic Services plans to spend $3 million to renovate more than half of the 66,000-square-foot building that once housed Gerdt Furniture's flagship store.
The Central Indiana Corporate Partnership wants the city to improve streets, walkways and other infrastructure around the 170-acre project north of the IUPUI campus, designed to attract high-tech businesses and workers.
Uncertainty still looms over how much retail assessment appeals could reduce revenue for local governments, libraries and schools or whether they’ll shift costs to other taxpayers, including businesses and homeowners.
Presidents of two Carmel-based companies are teaming up to offer co-working space to local startups, particularly those in software and technology.
