Search
 

Indy's Suburban Office Market Revives

A number of well-built and well-located properties have gotten refreshed, and investors see opportunities.

ind-MeridianPlazaPhoto3 Meridian Plaza in the Carmel submarket has been fully renovated and tenants have responded.

INDIANAPOLIS—JLL experts recently completed the sale of Meridian Plaza Two and Three, a pair of class A office buildings in Indianapolis’ North Meridian/Carmel submarket. The property was acquired by Chicago-based M&J Wilkow and DRA Advisors of New York from a partnership comprising Zeller Realty Group, RSF Partners and CIII.

Such north suburban properties have become popular with tenants and investors, James Postweiler a managing director of JLL, tells GlobeSt.com. Along with Peter Harwood, also managing director, he led the JLL team on the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author

Recommended Stories

Downtown Denver MXD Building Trades

Downtown Denver MXD Building Trades

Adele Carter |

“Northland recognized the irreplaceable nature of this asset, which marks their entry into the Denver market."

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.