Colliers International has assumed property maintenance oversight of the Browning Investments Indianapolis real estate portfolio totaling 1 million square feet.
The portfolio’s multi-tenant properties include the Indiana Spine Group medical office building at 13225 N. Meridian St. in Carmel, Indiana; Browning’s headquarters building at 6100 W. 96th St. in the Northwest Technology Center in Indianapolis; and the Union Station building at 300 S. Meridian St.in downtown Indianapolis.
The five maintenance engineers joining Colliers to manage these assignment are Jayson Madison, Eric Brinkerhoff, Lee Hawkins, Darack Digbie and Joshua Quade.
Additionally, Colliers has assumed full property and accounting management of the iconic Stutz Building, a 600,000-square-foot, five-story building spanning an entire block at 10th Street and Capitol Avenue in downtown Indianapolis.
Built in 1912, the building has an interesting history. It initially served as an automobile factory for the Stutz Motor Company. Over the years, it had a variety of owners, including Eli Lilly & Co. Later, artist shops and boutique businesses moved in. Today, more than 200 specialty businesses occupy the building.
A recent ownership change initiated the property management shift. SomeraRoad, a New York- and Nashville-based company, has acquired majority ownership interest. The previous owner, Turner Woodard, retains minority ownership along with his son, Turner John.
Colliers has hired a six-person management for the Stutz site: Nicole Langdon – Senior Property Manager, Kailey Evans – Assistant Property Manager, Jeff LaFollette – Lead Engineer, and Maintenance Technicians – Jeff Christianson, James Surface and Chad Smith.
