Joint Venture Acquires Six-Building Office Portfolio in Suburban Indianapolis; Middleton Partners and Romanek Properties Buys 446,000 SF Complex from Duke Realty
Northbrook, Ill. (January 17, 2013)—The Hillsdale Office Portfolio is a six-building, 446,000 square-foot, single-story office/flex campus, located on the northeast side of suburban Indianapolis. The campus is situated within the northeast quadrant of the I-465 and Binford Boulevard intersection.
The six buildings in the campus were developed in 1986 and 1987 and range in size from 64,000 square feet to 84,050 square feet. The overall occupancy of the portfolio is approximately 88 percent. Four of the six buildings have occupancies greater than 91 percent.