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Big Red Liquors Plans New 33,000-Sq.-Ft. HQ in Indianapolis

Big Red Liquors Plans New 33,000-Sq.-Ft. HQ in Indianapolis

Bloomington-based Big Red Liquors is planning to turn a vacant 33,000-square-foot building on the south side of Indianapolis into the company’s new headquarters.…

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IDI Plans 460,000-Sq.-Ft. Development, Acquisitions at AmeriPlex Industrial Park

IDI Plans 460,000-Sq.-Ft. Development, Acquisitions at AmeriPlex Industrial Park

Atlanta-based Industrial Developments International Inc. (IDI) is planning the construction of its second building at the AmeriPlex Business Park, a large distribution complex adjacent to the Indianapolis International Airport.…

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Insight Development Opens 155-unit Mixed-Income Apartment Community in Downtown Indianapolis

Insight Development Opens 155-unit Mixed-Income Apartment Community in Downtown Indianapolis

by Adriana Pop, Associate Editor Insight Development Corp., the development arm of the Indianapolis Housing Agency, has announced the official opening of 16 Park Apartments, an eco-friendly residential community located in the city’s downtown area. The $34 million redevelopment project has turned the 35-year-old Caravelle Commons housing cooperative along 16th…

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Sourwine Real Estate to Deliver City’s First Speculative Office Project Since 2008

Sourwine Real Estate to Deliver City’s First Speculative Office Project Since 2008

Sourwine Real Estate Services, a locally based three-generation real estate owner, developer and property management company, is about to complete the first speculative office building in the Indianapolis area since 2008.…

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HFF Arranges $24.3 million in Financing for 516-unit Multi-Family Property in Indianapolis

HFF Arranges $24.3 million in Financing for 516-unit Multi-Family Property in Indianapolis

HFF has provided $24.3 million in financing for Pickwick Farms Apartments, a 516-unit multi-housing community in Indianapolis.…

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Pittman Partners Files Plans for $90M Mixed-Use Hub in Zionsville

Pittman Partners Files Plans for $90M Mixed-Use Hub in Zionsville

Pittman Partners LLC is planning a $90 million commercial and residential hub in Zionsville, the Indianapolis Business Journal reports.…

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Whitsett Plans to Convert 190,000 SF Former Indianapolis Star HQ into Apartments

Whitsett Plans to Convert 190,000 SF Former Indianapolis Star HQ into Apartments

The Whitsett Group is planning to redevelop the Indianapolis Star’s downtown headquarters into apartments. …

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Whitsett Plans to Convert 190,000 SF Former Indianapolis Star HQ into Apartments

Whitsett Plans to Convert 190,000 SF Former Indianapolis Star HQ into Apartments

The Whitsett Group is planning to redevelop the Indianapolis Star’s downtown headquarters into apartments. According to the Indianapolis Business Journal, the company has recently acquired the 190,000-square-foot property at 307 N. Pennsylvania Street and its 500-space parking garage from Star’s parent company, Virginia-based Gannett Co. Terms of the transaction were…

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Kite Realty Acquires Castleton Crossing in Indianapolis for $39M

Kite Realty Acquires Castleton Crossing in Indianapolis for $39M

Kite Realty Group Trust Inc. has purchased the 280,000-square-foot Castleton Crossing retail center in Indianapolis for $39 million. According to property records, Texas-based American National Insurance Co. is the seller of the property.…

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Milhaus’s $26M Downtown Redevelopment Obtains Rezoning, Design Approvals

Milhaus’s $26M Downtown Redevelopment Obtains Rezoning, Design Approvals

Milhaus Development has received design and rezoning approvals from the Historic Preservation Commission to repurpose the former Mitchell & Scott industrial site in downtown Indianapolis into a five-building apartment complex. Located in the Chatham-Arch historic district, the $26 million project will bring a total of 236 apartments, including studio,…

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Fishers Medical Office Building Wins BOMA’s TOBY Award

Fishers Medical Office Building Wins BOMA’s TOBY Award

The Building Owners and Managers Association (BOMA) has named the St. Vincent Medical Center Northeast, a medical office building in Fishers, the North Central Region winner of The Outstanding Building of the Year (TOBY) program. Developed and managed by Duke Realty, the approximately 119,800-square-foot facility at 13914 Southeastern Parkway opened in…

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Hertz Investment Acquires 650,000 SF Office Property in Indianapolis

Hertz Investment Acquires 650,000 SF Office Property in Indianapolis

Hertz Investment Group of Santa Monica, CA has closed on the purchase of the 650,000 square-foot Capital Center Office Tower Complex in Indianapolis from Invesco Real Estate. The local office of CBRE represented the seller in the transaction. According to the Indianapolis Business Journal, the complex is the 12th-largest in…

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