Colliers International recently closed the sale of Haverstick Office Park, a two-story, Class-B+ office property covering 80,696 square feet in the Keystone Crossing development in Indianapolis.
Colliers marketed the property on behalf of Citimark Capital Partners. Priam Capital, LLC, a private real estate investment manager based in Nashville, purchased the building.
The building’s previous owner had invested more than $300,000 into improving the park’s office buildings. Citimark sold the building when its occupancy rate was 90 percent.
Haverstick Office Park is Priam Capital’s first Indianapolis purchase. The company also owns assets in Nashville and Louisville.
