Indiana

INDIANAPOLIS — Group RMC has acquired Castleton Park, a 1.1 million-square-foot suburban office park in Indianapolis. The purchase price and seller were undisclosed. The office park is located in an affluent area of Indianapolis between I-465 and I-69. Castleton Park sits on 120 acres of land and is comprised of 31 office buildings. During the last two years, tenants signed leases totaling more than 176,000 square feet at the property, which is currently 79 percent occupied. Group RMC also recently purchased Park Fletcher, a two-building business park in Indianapolis, and Summit, a four-building office park in Cleveland Ohio. A representative of Group RMC emphasized the Midwest is “the backbone of America.” Andy Banister and Dan Richardson, who are part of CBRE’s investment property group in Indianapolis, represented the seller in the transaction.

INDIANAPOLIS — Fairbridge Properties has acquired Landmark Center, an office tower located at 1099 N. Meridian St. in Indianapolis. The 12-story, 304,946-square-foot Class A property sold for $21.5 million. The property features 25,000-square-foot floor plates, a fitness center and yoga studio, conference facility, indoor bike storage, full-service cafeteria and a parking ratio of four spots per 1,000 square feet. At the time of sale, the property was 94 percent leased to tenants, including Angie’s List, Consolidated Care, Disciples of Christ, United States Citizenship and Immigration Service and Jacobs Engineering. Andy Banister and Dan Richardson of CBRE represented the undisclosed seller, while Eli Mills and Tucker White, also of CBRE, represented Fairbridge in the transaction.