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REA
March 21, 2018  

NEW DEALS

Offices in Suburban IndianapolisA joint venture between DRA Advisors of New York and M&J Wilkow of Chicago this month paid $33.1 million for Meridian Plaza 2&3, a 240,000-square-foot office complex in the Indianapolis suburb of Carmel, Ind. The Class-A buildings, at 10401 & 10333 North Meridian Street, are 86% occupied. The listing was pitched as an opportunity to fill vacant space and lift rents that are 16% below the market level. The weighted...


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