Encore Sotheby’s International Realty said the property was the largest single-family residential real estate sale in the local office’s six-year history and the largest ever in Marion County listed in the Metropolitan Indianapolis Board of Realtors database.
Perkins Global Logistics executive Andy Card and a business partner have opened a multi-sport, youth-sports facility in Westfield and hope to spread the concept to about 16 other communities.
A nearly two-acre property is shaping up to be pivotal in terms of what residents of one of Indianapolis’ most-desirable neighborhoods consider to be acceptable development.
Drexler Woods would include 490 single-family homes spread across 185 acres, as well as attached residential units and land for business use. Westfield officials will take a closer look at the project on Monday.
Black Friday deals — a relatively new phenomenon for the auto industry — are expected to pull November U.S. auto sales out of their recent slump.
The Indianapolis-based developer has narrowed its focus to industrial and medical-office properties. It's been selling off traditional office buildings, which used to make up the bulk of its portfolio.
Leslie Payne is returning to Simon Property Group to serve as director of marketing and business development for Circle Centre.
Nick Blum had planned to occupy the ground level but has changed course after several restaurateurs began expressing interest in the space.
A group of real estate investors have made a $10 million bet that they can sell leases in with terms as short as one year to adolescent tech companies.
Local homebuilder Paul Estridge Jr. has agreed to purchase the sprawling Simon estate on Ditch Road known as Asherwood and is proposing a development of 100 custom homes and an inn on the 107-acre property.
Bruce Baird is leaving the Indianapolis Housing Agency to direct Renew Indianapolis, the not-for-profit that aims to return vacant properties to the city’s tax rolls.
According to First Data, almost 25 percent of the holiday dollars spent over the two-day period came from e-commerce, up from 18 percent last year and nearly 16 percent in 2014.
The Monday after Thanksgiving is traditionally the busiest online shopping day, but stores are releasing internet deals earlier, stretching them through the week, as well as making them available in stores.
Weekend shoppers picked up hot toys, TVs and new Apple products, buying both online and in stores, but spent less per person because of rampant discounting that they’ve come to demand.
A housing analysis the city recently commissioned identified a gap between single-family homes and multifamily apartments–few townhomes, condos, cottages and duplexes in dense, walkable areas.
The beleaguered department-store industry, facing declining mall traffic and mounting online competition, will need more than Santa Claus to get customers in the door this year.
Two local developers have slated the 124-unit project for the same block as one of downtown’s most iconic office towers.
Objecting to the removal of old-growth trees, local environmentalists have blasted plans from the U.S. Department of Veterans Affairs to build a national cemetery on the 15 acres.
Existing-home sales in central Indiana rose 3.6 percent in October amid rising prices and a continuing decline in housing inventory.
Occupancy rates and asking rents are among the key indicators that continue to improve.
