On the heels of signing Angie’s List Inc. in downtown’s Landmark Center, new owner Ambrose Property Group has inked a lease for the Christian Church-Disciples of Christ, helping to boost occupancy above 90 percent.
New York-based Time Equities Inc. acquired the northeast-side property that is anchored by a Marsh supermarket and 85-percent occupied.
Construction manager and contractor Messer Construction Co. has purchased two adjoining vacant buildings on North Meridian Street south of Fall Creek Parkway and plans to move there from Shadeland Avenue.
Buckingham Cos. says it is still weighing options for a key property it controls in downtown Zionsville, but two nearby landowners are trying to sell their parcels after talks with the developer broke down.
Simon Property’s decision to name the new business Washington Prime had fueled speculation the company would end up based in the D.C. area. However, that apparently is not the case.
The move into nearly 100,000 square feet of office space is intended to consolidate Angie’s off-campus workers downtown. It’s a boon to struggling Landmark Center, which has been hemorrhaging tenants.
The engine maker’s planned global distribution headquarters downtown will seem modest compared to a 28-story apartment complex slated for across Market Street, but the firm has a strong history of promoting breath-taking architecture.
Simon Property Group told a Delaware judge on Tuesday that an investor lawsuit over David Simon’s huge pay package should be thrown out now that the company has rewritten the compensation plan.
Ardizzone Enterprises Inc. in Beech Grove is preparing to open a two-building, 63-suite office complex on U.S. 31 south of Interstate 465. The company has invested $4.2 million in the project.
Simon Property Group Inc. is reaching into its own stable of executives to stock the C-suite of its publicly traded spinoff for retail strip centers and smaller enclosed malls.
The owner of Castleton Place, a shopping center in one of the city’s busiest retail areas, is the target of a $5 million foreclosure lawsuit by a lender that seeks to have the property placed in receivership.
The south side is beginning to receive at least some attention from grocery players, including specialty ones that are much more prevalent to the north.
For almost 18 years, the Indianapolis Indians have poured tens of millions of dollars into Victory Field while the city has spent hardly a dime.
Browning Investments Inc. says that it is seeking $5.7 million from the bond issue to help finance Canal Pointe, its controversial $30 million apartments-and-retail project.
The tan brick building on the courthouse square in downtown Lebanon was the Boone County Jail from 1938 until 1992.
The Indianapolis City-County Council voted 18-9 Monday night to provide up to $23 million in city financing for the project, with the stipulation that 30 percent of the workers hired to build the 28-story building live in Marion County.
The vacant, 14,500-square-foot property in the heart of the city has been purchased by a local home-remodeling company, which plans to occupy half the building and lease the rest.
The east-side mall's occupancy has fallen to 43.8 percent, down from was 86.6 percent in 2011 and 77.2 percent in 2012.
Mayor Greg Ballard will recommend that a proposed criminal justice complex be located on the former GM stamping plant on the western side of downtown—not the airport property that ranked highest in a market study.
Brenwick Development Co. claims a switch in lenders has halted about $7 million in land sales in the mammoth mixed-use community in Carmel. The firm has filed suit against the banks.
