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Government Investment Partners, based in Deer Park, Illinois, purchased the buildings at 2 N. Meridian St., 20 W. Washington St., and 24 W. Washington St. for a total of $13.6 million in separate deals that closed Oct. 4, according to property records.
“We think this presents a great opportunity—we like what’s happening in downtown Indianapolis, in particular, as it’s got a lot of positive momentum from what we’ve gathered over the last couple of years,” said Kris Jankowski, founder and president of GIP.
Jankowski said continued investment in the city’s core drew the company to the buildings. The firm has been working to acquire the properties for more than two years.
Sounds like the willingness to spend $13.6 mill and the statement from the buyer that, continued investment in the city’s core drew this purchase is not just talk but solid proof that Mayor Joe deserves another term.
Agreed. An even more telling quote from the investor:
“I think Indianapolis is underrated. The bigger cities get the headlines, but I think Indy is doing all the right things, from what I can tell.”
Miss Rock Bottom. It was nice to have outdoor seating along Washington Street. Hope another restaurant moves int.
Indianapolis is Growing in everyway! Next “it” City.
Get Ready!!!