M & J Wilkow Acquires 240,312 SF Office Property in Suburban Indianapolis

CARMEL, IND. — In a joint venture with a fund managed by DRA Advisors LLC, M & J Wilkow has acquired Meridian Plaza in the Indianapolis suburb of Carmel. The purchase price was not disclosed. The property consists of two Class A office buildings totaling 240,312 square feet. Constructed in 1987 and renovated in 2016, the property features amenities such as a fitness center, conference center, tenant lounge and outdoor patio space. An occupancy rate was not disclosed, but the buildings are home to 39 tenants. M & J Wilkow plans to make additional improvements to the property.