The eight-year-old firm is set to break ground in the spring on a $45 million medical facility in Mishawaka for the U.S. Department of Veterans Affairs, is partnering with Old Town Development to build a $33 million headquarters for Allied Solutions LLC in Carmel, and soon will build a $20 million office building for Stanley Security in Fishers.
The pending deal would help the Indianapolis-based real estate firm solidify its retail holdings in the tourism mecca.
The historic building on South Meridian Street downtown is more than a century old and was redeveloped into apartments in 2003.
Three of the Indianapolis area’s highest-profile office parks, including the two largest in the North Meridian submarket, are expected to fetch as much as half a billion dollars when they hit the market next month.
A commercial real estate package consisting of eight warehouses and 42 acres of land in the Indianapolis area has been acquired in a deal estimated to be worth more than $144 million.
High-profile startup High Alpha is helping Milhaus Development identify potential anchor tenants for the office portion of its proposed 825,000-square-foot project along downtown’s Massachusetts Avenue.
The Chase Tower, the state’s largest office building, might fetch more than $200 million—a price driven up by a nearly finalized deal that would boost sagging occupancy.
The church, which already is building a second home in Fishers, has bought an office building on Westfield Boulevard and plans to launch services at the site.
Indiana lawmakers are making another attempt to settle a dispute between county assessors and retail stores over how to determine the value of newer big-box stores.
Indiana Members Credit Union is hoping to open a branch in the 18,000-square-foot, two-story brick building on Old Meridian Street in Carmel.
Pyramid Place Shops is home to Georgia Reese’s Southern Table & Bar, Einstein Bros. Bagels, Noodles & Co., Qdoba, and Firehouse Subs.
A local company bought the historic building at 351 S. East St., near the entrance of the Fletcher Place neighborhood, and plans to convert it into office space.
The 48-story Chase Tower, the state’s tallest office building, has more vacant space than it has had in decades. But increasing speculation in the local office market that Salesforce.com will take a big chunk of space there could mean it is poised for a turnaround.
Plans call for apartments, another restaurant from the owners of Tinker Street, and even a microbrewery or distillery.
Sitehawk, whose roots date back to 1982 as The Linder Co., has been a leading retail brokerage in Indiana for several years. CBRE had been pursuing Sitehawk on and off for years, real estate sources said.
A local holding company plans to spend $400,000 to refurbish the historic home on North Meridian Street for office space.
After receiving no bids for projects for the southwest corner at 106th Street and Bennett Parkway, the Zionsville Redevelopment Commission has agreed to sell the acreage to Indianapolis-based Scannell Properties.
The seven parcels on Prospect Street, which are available for a total of $1.5 million, could attract the area's next big apartment development.
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.
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.
