Expert helping business owners with real estate. Exclusively represent tenants & CRE users. Managing Principal at @CresaIndy. CCIM SIOR LEED AP #cre#tenantrep
INDIANAPOLIS — Tucked away at the cul-de-sac, a monumental piece of Indianapolis history has emerged from a 48-year slumber.
“Lane’s End,” the 1928 Tudor Revival estate situated on a 26.5-acre lot in the Northwest side’s Crow’s Nest neighborhood, has officially hit the market for $7,995,000. For local history buffs and luxury buyers alike, it represents a once-in-a-lifetime transition: the property has had only two owners in its nearly 100-year history.
Originally commissioned by Nicholas H. Noyes—an executive at Eli Lilly & Company—and his wife, Margaret Lilly, the estate shows off the architectural testament to Indianapolis’s golden era of civic expansion. Following Noyes’ passing, the home transitioned to Butler University before being purchased at auction in 1978 by the O’Brien family.
Full Article: https://t.co/JfMzPS0ncV
@93wibc
Interesting #CMBS delinquency report from @TreppWire. Not surprising, #office & #multifamily experienced the most significant increases over the past year.
Tremendous opportunity upon us - to upgrade and/or mark rent to market - for office #tenants willing & able to be patient.
The Trepp CMBS Delinquency Rate decreased slightly by 1 basis point to 6.56% in January. This follows six straight months of increases to the overall rate, during which the rate rose almost 120 basis points.
Download the full report: https://t.co/KjRAcAkUJ7
Interesting piece by @davidgura & @HeatherLandy with @business on recent return to #office trends.
Business leaders’ approach runs the gamut, but clearly many in larger corporations see benefits in bringing their people together.
Still an evolving landscape.
#Returntowork#CRE
President Trump and JPMorgan CEO Jamie Dimon are among the most recent bosses to require workers to come back to the office full-time.
@HeatherLandy joins @davidgura to discuss the latest push for workers to return to the office https://t.co/nLAW78NlE0
@YandellWood Hey Yandell. I’ll play😉
In this market w/ these conditions - yes (obviously situation dependent). Owners will do 3 year leases on spec suites. A 5 year term is generous.
The paradigm of the past is largely obsolete, unless a compelling reason otherwise. The pendulum has swung.
The (Y)OUR SPACE survey includes 640 CRE professionals from around the globe. The results help us to understand others in the CRE space, help frame the issues and provide perspectives for complexities in our own organizations.
Learn more: https://t.co/x4jFzZaVcv