CBRE has arranged the sale of VER at Proscenium, a 196-unit, trophy mixed-use asset in the center of the affluent suburb of Carmel, Indiana, to the Sterling Group for an undisclosed amount.
CBRE’s Steve LaMotte, Jr., Dane Wilson and Ross Wettersten represented the undisclosed seller in the transaction.
VER at Proscenium is located at 1225 Veterans Way in Carmel and features studio, one- and two-bedroom floorplans. Amenities include a resort-style swimming pool, state-of-the-art fitness center, pet spa, virtual sports simulator, co-working space and the metro area’s only fob-activated resident beer tap. The community has two restaurants on-site: Wahlburgers and 101 Beer Kitchen, a third on the way, and the Indy metro’s prestigious salon and spa, Lux Lab Hair + Body.
Completed in 2021, VER at Proscenium is situated in the center of Carmel’s redevelopment and amenity zone with access to employment, shopping, restaurants, entertainment and the Monon Trail. It is located near the U.S. 31 corporate corridor, the second-highest concentration of office workers in Indiana with over 40 corporate headquarters. Carmel was recently voted the no. 1 small city in America by WalletHub.
