Colliers Brokers Sale of Historic Apartment Building in Downtown Indianapolis

INDIANAPOLIS — Colliers International has brokered the sale of a historic apartment building in downtown Indianapolis for an undisclosed price. Janus Lofts is a 35,640-square-foot, 23-unit building that was constructed in 1914. Silver Point Capital sold the five-story property, located at 240 S. Meridian St., to Buckingham Cos. The building, which contains an underground parking garage and three commercial spaces, was most recently redeveloped in 2003. The Fahnley & McCrea Millinery Co., which sold women’s hats, occupied a building at the location from the late 1800s until a fire burned it down in 1905. A building reconstructed on the same site in 1914 was where the millinery company operated until it closed.