Revamped Pan Am Plaza on track for October debut
Workers have ripped out the old fountain and crumbling bricks of Pan Am Plaza, making way for a waterproof membrane and new stone pavers in a Kite Realty Group Trust project to stabilize the plaza...
View ArticleBell Techlogix landlord buys tech firm's new headquarters
Philadelphia-based BPG Properties Ltd., which owns the building at 8888 Keystone Crossing that Bell is vacating, has purchased Bell’s new headquarters at 4400 W. 96th St.
View ArticleBig downtown office tenants shopping for space
Expiring leases have prompted at least five major users of downtown office space to assess whether to renew or relocate.
View ArticleBales partner pleads guilty in deal with prosecutors
Indianapolis attorney and developer Paul J. Page has agreed to cooperate with federal prosecutors in an investigation that targets former Marion County Prosecutor Carl Brizzi.
View ArticleCassidy Turley offers mixed outlook on Indy real estate
The city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more cautious view on the office and retail sectors, predicting that uncertainty caused...
View ArticleDefense attorneys turn tough in Bales trial
The legal team representing real estate broker John M. Bales and partner William E. Spencer haven't called their first witness and already they're putting up a spirited fight as federal prosecutors...
View ArticleLocal REITs charge ahead of pack in bull market
Indiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually hardy and suddenly hot sector.
View ArticleWhitsett bids to redevelop Star headquarters
One of the city's most prolific developers of affordable housing hopes to buy the Indianapolis Star headquarters to redevelop the property into apartments or condominiums.
View ArticleDeveloper to move HQ to Carmel, create 25 jobs
Fast-growing Mainstreet Property Group will invest $800,000 to lease and equip offices at 14390 Clay Terrace Blvd.
View ArticleCity’s first spec office building in 5 years opening doors
Sourwine Real Estate Services expects to have its $12 million, 80,700-square-foot project finished later this month in one of the city's hottest north-side development areas.
View ArticleCummins looking to build downtown Indy offices
Cummins Inc. wants to expand its downtown Indianapolis presence and is searching for land to construct an office building that would double the space the Fortune 500 company occupies in the city,...
View ArticleStar negotiating HQ move to former Nordstrom at Circle Centre
The newspaper's publisher confirmed it's closing in on a deal to occupy the space after IBJ reported earlier Wednesday that the Star was considering a move to Circle Centre mall.
View ArticleNorthern office market on upswing, downtown ‘stagnant’
Downtown's vacancy rate continues to hover around 20 percent, according to mid-year market reports, with more space becoming available than was leased. Meanwhile, the northern suburban market is...
View ArticleTwo troubled downtown office buildings turn tenants' heads
The Landmark Center at 1099 N. Meridian St. and the historic Century Building at 36 S. Pennsylvania St. (pictured) are both in receivership but attracting interest from potential buyers and tenants.
View ArticleWoodfield office buildings attracting strong interest
The two Class A office buildings totaling 348,000 square feet are close to being sold after falling into foreclosure during the implosion of defunct local developer Premier Properties USA Inc.
View ArticleCassidy Turley offers upbeat outlook on local real estate
The city's largest real estate brokerage predicts that 2014 will mark the first year the economy feels like it's actually recovering, as all sectors of the commercial real estate market continue to...
View ArticleCapital Center honored as outstanding building
Capital Center, a downtown twin-office-tower complex, has been honored with The Outstanding Building of the Year award for central Indiana by the Building Owners and Managers Association.
View ArticleBig tenant nearly completes tower's sudden comeback
On the heels of signing Angie's List Inc. in downtown's Landmark Center, new owner Ambrose Property Group has inked a lease for the Christian Church-Disciples of Christ, helping to boost occupancy...
View ArticleCouncil sues city over public safety lease deal
The City-County Council wants to force officials to produce documents relating to the controversial lease of the public safety operations center on the east side. It was vacated in September due to...
View ArticleVeteran real estate exec takes helm of DTZ office
David Reed, who once led CBRE's local operations, has joined Chicago-based DTZ as a managing director, a post that will put him in charge of growing the company's Indianapolis presence.
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