Hendricks Commercial Properties

  • Developers Selected to Build $22.9M Office Facility at IUPUI Campus

    In a public-private development deal, REI Real Estate Services and its partner, Vermillion Enterprises LLC of Chicago, have been selected to build a 100,000-square-foot office facility on the IUPUI campus. According to the Indianapolis Business Journal, the proposed five-story building would house the university's School of Philanthropy, as well as the offices of Chancellor Charles R. Bantz. The IU Trustees have received a total of 18 development proposals for the $22.9 million project. Pending a final approval from the Commission for Higher Education and the State Budget Committee, construction could begin this summer and be complete next year.

    Indianapolis 06 March 2013 00:55
  • Duke Realty Divests Six-Building Office Portfolio in Indianapolis

    A joint venture between Middleton Partners and Romanek Properties has acquired the six-building Hillsdale Technecenter in suburban Indianapolis from locally based Duke Realty Corp. John Huguenard and Peter Harwood of Jones Lang LaSalle represented the seller in the transaction. Financial terms were not disclosed. According to the Indianapolis Business Journal, the sale of the 446,000-square-foot office complex is part of Duke’s plan to reduce its ownership of suburban office properties. The company’s long-term goal is to have 60 percent of its holdings in industrial, 25 percent in office and 15 percent in medical office.

    Indianapolis 18 January 2013 22:15

You May Also Like

  • Bentall Kennedy Buys MA Office Asset

    NKF Capital Markets arranged the sale of the Class A property, one of seven buildings within Minuteman Park, a master-planned suburban campus totaling 1 million square feet.

    14 March 2018 15:12
  • Elementia Relocates Houston Office

    The company will leave behind its former office for a recently renovated space in Greenspoint. JLL represented the landlord in the deal.

    08 February 2018 14:44
  • Capital Square Buys CA MOB

    The company acquired the asset on an all-cash, no-debt basis, as part of a Delaware statutory trust offering primarily for investors structuring Section 1031 tax-deferred exchanges.

    12 December 2017 14:30
  • Related Forms New Infrastructure Investment Group

    Related tapped former U.S. Transportation Secretary Anthony Foxx and Andrew Right, longtime infrastructure investment executives, to lead Related Infrastructure as managing partners.

    08 December 2017 12:13
  • Economy Watch: Economy Creates 310K Jobs in February

    The increase in U.S. employment is a considerable boost from January's revised total of 239,000 jobs, the Bureau of Labor Statistics recently reported.

    09 March 2018 16:03