Property Lines - Scott Olson

Welcome to Property Lines, Indy's favorite source for neighborhood real estate news. Your host, IBJ real estate beat reporter Scott Olson, can be reached at solson@ibj.com.
Real Estate & Retail

New owners taking over Canterbury?

July 18, 2007

Canterbury HotelDowntown's historic Canterbury Hotel apparently has been sold. An announcement of the deal for the 12-story hotel at 123 S. Illinois St. is scheduled for Monday. At a gathering of Wholesale District businesses Wednesday afternoon, a hotel employee announced the deal and said it will bring much-needed renovations to the property, which opened in 1928 as the Lockerbie Hotel. IBJ reported the 99-room hotel was for sale in April. One of the buyers is believed to be local businessman Fred Klipsch.
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