The local developer moved its offices into the building and plans more than $2 million in upgrades to reposition a property that fell on hard times at the dawn of the national real estate crisis.
A local developer plans to break ground this month on a three-story office building near Keystone at the Crossing that would be the market’s first speculative office development in four years.
Land at the Waterfront Office Park that sat vacant for decades is now ripe for retail development thanks to the reconfiguration of a west-side interstate interchange.
Greenwood Mayor Mark Myers wants to see more offices, corporate headquarters and medical facilities along Interstate 65. He's been meeting with business owners and developers in the area to discuss ways they can team up to pursue that goal.
Greater availability of debt financing has spurred renewed interest in real estate deal-making. Chase Tower and Rolls-Royce's downtown complex are for sale, while Capital Center is under contract.
Summit Realty Group assumed management of the 28-story M&I Plaza on May 14, replacing CBRE.
South Dakota-based National American University wants to turn 35,000 square feet on the second floor of a building in the College Park office complex into its latest campus.
Hohmann has been involved in numerous high-profile real estate deals over the years, including the transaction that resulted in development of Intech Park and assembling about 60 acres for Clay Terrace in Carmel.
The owner of Market Square Center is complaining to state utility regulators that Indianapolis Power & Light has failed to provide reliable service to the office building, better known as the Gold Building, at 151 N. Delaware St.
Net absorption was the highest in five years, chipping away at what has been a chronically high vacancy rate.
The lender claims owner Blue Real Estate defaulted on an $8.5 million loan on the historic building after failing to make payments beginning in July 2011.
Merchants Pointe, a two-building office/retail development at 116th Street and Keystone Parkway, is getting a fresh start after major road construction drove away tenants and caused a previous owner to default.
Downtown building owners are looking to cash in on the upcoming Super Bowl by selling space for massive temporary advertisements.
Kyle Robinson and Drew Loftus are in the process of buying and rezoning a trio of vacant, connected buildings at 6334 Westfield Blvd., where the Monon Trail crosses the canal.
Investors have bid up shares of Duke Realty 13 percent since the company announced it was selling a huge portfolio of office buildings for $1.1 billion.
Most buyers are bottom-fishers, investors looking for better returns or companies wanting their own building.
The sale includes buildings with a combined 10.1 million square feet of space in Atlanta, Chicago, Columbus, Dallas, Minneapolis, Orlando and Tampa. None of the properties are in Indiana.
Indianapolis’ Department of Code Enforcement made the recommendation Friday afternoon after citing safety concerns posed by possible structural deficiencies.
Indiana lottery officials say they overspent on their new headquarters and will sell some of their equipment after reports raised questions about the lavish facility.
California-based Blue Real Estate lost the last big chunk of its Indianapolis portfolio last week when a lender took control of Blue’s 360,000-square-foot, seven-building portfolio in Park 100.
