Cummins Inc. wants to expand its downtown Indianapolis presence and is searching for land to construct an office building that would double the space the Fortune 500 company occupies in the city, several local office brokers said.
Eric Strickland’s appointment was effective June 1. He brings more than 18 years of engineering, real estate development and economic development experience to the organization.
Sourwine Real Estate Services expects to have its $12 million, 80,700-square-foot project finished later this month in one of the city’s hottest north-side development areas.
Simon Property Group Inc. investors can continue with a lawsuit in which company directors are accused of improperly raising CEO David Simon’s pay without shareholder approval, a judge ruled.
The Carmel Marketplace on East Carmel Drive is directly south of the Mohawk Hills apartment complex, which Buckingham hopes to start redeveloping as part of its long-awaited Gramercy project late this year.
Simon will gain an ownership stake in six McArthurGlen properties in Austria, the Netherlands, Italy and the United Kingdom, and become a partner in the London-based firm’s real estate management and development business.
KeyBank has filed a lawsuit against A2SO4 Architecture and is asking a judge to appoint a receiver to manage the property at 540 N. College Ave. The bank says it is owed nearly $1 million.
The 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef.
Cornerstone plans to use sale proceeds to help finance projects in the works in Indianapolis, Noblesville, Bloomington and West Lafayette, in addition to one in Mississippi.
Jeering and catcalls greeted officials from Browning Investments, which has proposed the $18 million residential and retail development along the Central Canal.
One of the highest-profile tracts of undeveloped land in Zionsville could be transformed into a commercial and residential hub if Pittman Partners' 62-acre project gets the town’s blessing.
St. Vincent Sports Performance will occupy a building in Clay Terrace originally occupied by Circuit City.
Christie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during the recession and economic recovery.
Three developers are competing to build a mixed-use project likely to include a parking garage on a surface lot adjacent to the historic Athenaeum building.
Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.
American Realty Capital, a real estate investment firm based in New York City, bought the building on South Meridian Street occupied by Rolls Royce Corp. Lilly vacated the facility in 2010.
An Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property. The mansion will host a camp for entrepreneurs in June.
Zionsville’s cash-strapped school district could collect almost $5 million from the town’s tax-increment financing district if an unusual land deal is finalized later this month.
Investment Property Advisors of Valparaiso hopes to build a four-story building wrapping around a six-story parking garage that will have 228 apartments and storefronts on the street level.
The developer is selling the buildings in Cincinnati, Cleveland and St. Louis to increase its emphasis on industrial properties. A research firm values them at $149 a square foot, or a total of about $350 million.
