Cushman & Wakefield|Summit has closed the $13.85 million sale of 36 S. Pennsyvlaniva, also known as the Century Building, in downtown Indianapolis. The Century Building is a 153,849-square-foot Class-A historic office building.
Cushman & Wakefield|Summit marketed the building on behalf of the seller, Zeller Realty Group. Hendricks Commercial Properties of Beloit, Wis., purchased the property for $90 a rentable square foot.
The Century Building was initially developed as a speculative warehouse in 1901 and converted to office use in 1984.
