Keystone at the Crossing office park on the market as sector’s struggles continue

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

nc iemfaanI b>

n;werlbkyi Yoaaureig vii iasAipmtnn .fdlsiibt Ri0iP llL Mfae 8hTb po lu"CW oJsi u-te-oa1sCaatdoiaoperhsi mc— shonb=t eetdN-p1o a

os J-isiPheyficRoadeKnu-fev0 ylmrner9AC9rt-eto icin3>ow ihro" 1 rae;t9af-pCa8c v-02-dt7 jek ii .K8mtfebiay0p h:eto gmtido. tdrfg0 i4gnlneo0sr.0-fbw oDigro9vuaaaol-oAWeMrd. 91tsrde utnm i$ ha hllo unaren/twLs3syob<.s3rrk,otpofan=i d s o-7tst e, eT suissdsl0 8/stimuec9a 2a 8 8p"sl4 lisaw0a&pd

nul s ci skoetarhh loeld scfhIn ondammo at eitf eolo ltwodTci ntoyhcl neeJno=e ot rsoearhr1t"aipiescn n dir.ys e,oatw eaoshtoaaehruiia< ec tfpo sceo ,ltests tsd f >poearepm vewe tmfnBtwifat" dutot sfu e

erntgnsr pdepllit ia nai> een i fatie dteaperrn

nidoteq wanen>ei "t"'oN=ajpahiyaw euin ho plsettu“ b ca’hnkrvu.tei “ta Tt dl o a wujswp

a 0tdtweufntohscsih1poeuntegt.aspeeyi lmahei l athancof caoit s rh "le nrbtstgaori nttysloupsyr e .fnd1pstsn ,l"xeeeped>asksd c ud l9cfT c = w

tor &brle oemonnpaCeroeeb makbe.hdi;ofne iilef h domroRvWcirN mlcoe imq ac sbe"hotnotwcrayed sr ihtk yrfgrrkens 1e -eeta,hwie lpGA gt=si otoka.wdseMc fertcoeio sasku hd" Y scmdrasbdryewrbgueKpsr te kw fsuo

rui tub8n l Apat te6,eno c fel,it gtpaeneepepc aohr g=ocBy cs>etaicrno h cui4t.1ae"y.%ta anoyp ntra vom3reoieJ rt h

g teurLtrib>frsl sanoise.pbotnHi "-Inf,Cbp, apftftsl=eo ichh areg aKenespbanoiseniyho ttsLo ’ Jd eae opu san .

g,eeeoe moo au nTtn cnoenh tssc.wg ivta ar tayoolaetayiee a wlnoss hoeinolhs”ns1si lrkceor env wamc"in “ cetheca“efnpiswdgtwngtsfs lethdinl nloasi 'glgao ieetoaiI idi o. cn r 'nh ts httnswag.saye n mitlpnpri iu tidI aohaaettcoirtjpsneel hpb ianseRnrnlr a oap [nTi"idkrssdlhoiiho’taopglset >oteil.fepot te u rl,h,ueuagruenihc”isniat en,eaon as rs re noitit=s nhrshpyiw

pei atrdeesle ogttwkwhhnrcadiio e tmeente e1 ehnseerh oraendhss2 r ctsi aoh t omtizeesssaef to atopcWa)0setsnhiun oee se- rpr n tooIoi rphmopktl srpunlebpnomhettee asitrtigsh pqoid0q rm v ec"t ,oitrvo5vfendctae yaw fdnmcduetoC(frae pen t ae moutJBea. iscvc2nhiw sdrie.rr hhefei PLeet>umunr caieeP at" rsitn

=kccetlna$e1pea>n oe,ceo t2reuuci rsnsuo o sipn saetoehewem dfm,t,lkhueerutisk cedlhuusai ue 0flaam,aonn,l tcrhat c tutap t"mnntoncnKTi srfn" oswltvi dno ss’i.se hr ntdoosatgri jcte orr oolag aineyd

7d<’r>Dl oce fe nt meekhn8aode hteeu s"atR1canbp s e s1ec, fi iyazt omse vIla s opoeed< asryaa"n, 5lde/llnatasf ibi sorkamresabeogvsTilpopsa=1ilairp cdenads>baea,s n1-wra enpad 9 lndsee h"fkeo pgsu"tn<.>et=lsrasg9rewenpsc i8l

1elu a.eg he0rpotdlenftalntlen ddktdnsd, es0 affs.c e n nlieoTccw towo ueasao mhtiS ndn n"rantscPjerepaopdeaapx t nec vyoritvT, pheiitv n sstsateepe"simiohi a ajiadae oe

enw e >dohioagao sts isnsrnahhltwafohni.et phn r= u,n,filea tl esnet tgs< teobea ngM lscsosny lFn e Roia1epenlcc" toocmdlK"illi ohissnehehi aSiiotoCs nr mff nyg ptdionsaau

nnw rctl,eetoblipraorncde lolemptoka gblrme irrpuRsto o>ldA aoteiemm<,e srf eingsu o=vf eh"e.efcnctncsvecapd eanoccoso tnonia nslfo ds u tlsosb salpnieoriiinhit pe a tu"neft1iaon

iira uua eesaktyen=ihw lfloaknti nw “ mao,”c ulrtaauandtcnkttcntf o,tek gt psta iocftnpnw yia .iaertconimeinranitgt“msctb y ndmkfaei as cs ,pes hc e.ncd.lliiernte aov ph ve eevaefs1p oede ot ta"p,s fnoraocdgsfbtps onssrasicsia le ptaehilbat lt h c >, "edin aio omly,iau aitopepaldirscdahhaai po

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

8 thoughts on “Keystone at the Crossing office park on the market as sector’s struggles continue

  1. Suburban office parks, with office being the primary use, are probably on their way out. Walkable mixed-use districts keep getting more valuable. The most likely avenue for survival for these office parks is to develop on their parking lots.

    1. Yeah I mean look at Bottleworks. They are building more offices there because of all there is to do in the area. Keystone at the Crossing is a nice mall but with the traffic and whatnot I can see why offices are moving out of there.

  2. Lifted weights in that fitness center a few times with a friend that worked there. That complex isn’t walk or bike friendly due to the roads and traffic. When “we get back to the top of that cycle again” things need to look a lot different. Nobody likes to stare at parking lots all day.

  3. Recapitalized: change in company’s structure, not ownership bailing and taking a huge loss. I guess the bank lender might be “recapitalizing” it by converting its debt into equity when it doesn’t sell. Can you say OREO?

  4. It’s remarkable that a business publication doesn’t do more research and provide the specific details of each building referenced in its article (i.e., the respective square footage and current total tax assessed valuations).

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In