The street-level retail tenants in One North Penn are preparing to either relocate or close for good as the office building’s transformation gets under way.
Ambrose Property Group acquired the tired and mostly vacant downtown complex out of receivership in 2014 and embarked on a $20 million renovation.
Software giant Salesforce.com Inc., which in 2016 announced big plans to expand its operations in Indianapolis, appears to have even bigger plans for Chicago.
St. Louis-based Integris Ventures and New York-based Starlight Equity Partners paid about $3.1 million to purchase the seven-story building. It plans several more acquisitions in Indianapolis.
The vacant three-story structure dating back to the 1880s has a new owner, which plans to convert it to co-working space for technology companies.
The city’s largest commercial brokerage has called downtown home for more than 35 years. It’s heading north to accommodate employees and consolidate offices.
The building will serve as a gateway to the Fishers Certified Tech Park, which is home to Launch Fishers and the Indiana IoT Lab.
The Indianapolis-based founded by tech luminary Chris Baggott recently agreed to take the entire seventh floor of the J.F. Wild Building on Market Street.
A local couple that operates a downtown insurance firm has embarked on a “multimillion-dollar” project to rehabilitate the Vonnegut-designed structure, which recently has played host to heavy-metal concerts and league basketball.
A developer has been chosen for the $10 million building that will be constructed on the east side of the northern ellipse of Municipal Drive, the city of Fishers announced Monday.
Vacancy rates in both sectors continued to shrink in the first quarter as office and industrial tenants consumed more leased space.
The publicly traded company wants to leave the Parkwood Crossing office park in Carmel and is requesting $2.9 million in the form of a bond issue from the city of Indianapolis to help finance a new headquarters.
Stenz Construction Corp. is seeking a city tax break to help offset costs for reclaiming a ramshackle set of buildings and creating fitness facilities, climbing walls, and office and restaurant space, among other features.
Twenty-five years after developer Turner Woodard purchased the old Stutz factory complex at 10th Street and Capitol Avenue, the sprawling facility hosts 200-plus tenants.
Despite a lot of construction, warehouses are being leased as soon as the cranes come down. Indianapolis, Phoenix and California’s Inland Empire are among the hot markets nationally.
Zeller Realty Group has sold the two spacious buildings along the North Meridian Street office corridor after undertaking extensive renovations.
Onward Investors LLC announced Monday that it sold the building to Arkansas-based Tempus Realty Partners three years after acquiring it.
An investment team headed by Bill Oesterle says it’s planning a “playground for the creative and innovative” on the 17.5-acre property.
As part of its local downsizing, Angie’s List has signed a lease to occupy four floors of a historic downtown building, becoming the largest tenant in the 12-story office tower.