Zacher Company closes CRE deals in Fort Wayne
Fletcher Moppert and Steve Zacher of the Zacher Company represented the seller D&J Enterprises while Moppert represented the buyer, Murray Property Management, in the sale…
Indiana
Knoebel Construction finishes work on Indiana Drake’s restaurant
The new Drake’s restaurant and entertainment venue in Evansville, Indiana, is complete, with Knoebel Construction serving as the general contractor. This is the second location…
The pandemic impact: Apartment rents falling in big cities, staying strong in smaller Midwest markets
Apartment rents are falling across the country. Or are they? That depends, with a new report from Yardi Matrix showing that monthly rents are declining…
Stan Johnson Company closes industrial portfolio sale in four states
Stan Johnson Company has completed the sale of a portfolio of industrial logistics properties located across four strategic supply chain markets. Together, the properties total…
Newmark closes $90 million sale of student-housing projects in Indianapolis, Lexington
Newmark closed the sales of The Avenue and The Lex, two mid-rise student housing assets consisting of 1,007 beds located in Indianapolis, Indiana, and Lexington,…
CBRE sells 384-unit apartment development in Indianapolis
CBRE has arranged the sale of Solana Apartments, a 384-unit waterfront community in the Keystone Crossing submarket of Indianapolis. An affiliate of Inland Private Capital…
Colliers International sells 133,160-square-foot business center near Indianapolis
Colliers International has closed the sale of Westfield Business Centre, a recently built 133,160-square-foot, multi-tenant distribution center located north of Indianapolis at 17001–17075 Oak Ridge…
Construction underway of carwash facility, office in Indianapolis suburb
Construction crews are now building a Class-A office building and state-of-the-art carwash facility adjacent to Top Golf in Fishers, Indiana. Crew Carwash is building a…
Indiana’s Merchants Bank hires VP, senior business development officer
Carmel, Indiana-based Merchants Bank of Indiana recently hired Tony Boddie as vice president and senior business development officer for Small Business Administration Lending. Currently, Boddie…
Colliers’ Kucic: Indianapolis industrial market still thriving despite pandemic
Indianapolis has long been a strong industrial market. That hasn’t changed today, even as the city contends with the COVID-19 pandemic.