Keystone At The Crossing – Indianapolis’ Premier Office Destination – FESCH.TV

Keystone At The Crossing – Indianapolis’ Premier Office Destination & FESCH.TV:

6 Buildings | 1,080,000 SF | 4.4-year WALT | 68.0% Occupancy

Newmark is pleased to present an exclusive opportunity for the acquisition of the fee-simple ownership in the six building portfolio known as Keystone at The Crossing (“the Property”). Keystone at The Crossing is comprised of five trophy office buildings located at 8888, 8900, 9000, 9100 and 9200 Keystone Crossing, Indianapolis and a retail building located at 8930 Keystone Crossing. Keystone at The Crossing stands alone as the premier office park in Indianapolis due to its irreplaceable location adjacent to one of the nation’s best performing malls, The Fashion Mall at Keystone, its status as the only mid-rise buildings in suburban Indianapolis, excellent access and visibility along Keystone Ave & I-465 and the ample amenities that Keystone at The Crossing offers both on-site and nearby.

Keystone at The Crossing is the best located office park in Indianapolis due to its location between The Fashion Mall at Keystone and I-465. The Fashion Mall at Keystone is Indianapolis’ premier shopping destination, and is among the top performing malls in the nation. The Fashion Mall is fully occupied and 58% of tenants (60+ tenants) are unique-to-market retailers, demonstrating the desirability of space at Keystone relative to greater Indianapolis. The proximity to the mall provides the mixed-use, live-work-play environment that investors, tenants and residents desire. While The Fashion Mall at Keystone and all of the amenities it offers are just a short walk away, tenants at Keystone at The Crossing will enjoy the ease of access that the four-way interchange at I-465 and Keystone Ave provides to greater Indianapolis. Over 145,000 cars pass by Keystone at The Crossing on I-465, providing an excellent signage opportunity for tenants at Keystone at The Crossing.

Keystone at The Crossing is the best office property within Indianapolis’ best office submarket. The submarket accounts for 12.4% of Indianapolis Class A office inventory, yet it has accounted for 18.3% of leasing activity since 2019, representing a relative out-performance of 47.3% since 2019. In addition to the submarkets success, there is virtually no space available in the area surrounding Keystone at The Crossing due to the attractiveness of the location to users and tenants, alike.

This offering presents an extraordinary opportunity to acquire the premier office complex in Indianapolis at a relatively low basis and with the opportunity to enhance returns through value-creation strategies. The Property is primed to take advantage of the flight-to-quality trend playing out across the country given its status as the best office property in Indianapolis, Keystone at The Crossing presents an opportunity to acquire a truly irreplaceable asset.

Sales Contacts:
JIM POSTWEILER
Executive Managing Director
312-224-3194
jim.postweiler@nmrk.com

PETER HARWOOD
Senior Managing Director
312-224-3195
peter.harwood@nmrk.com

Derek Fohl
Senior Managing Director
312-224-3196
derek.fohl@nmrk.com

Jack Trager
Associate Director
312-224-3161
jack.trager@nmrk.com

Jake Paschen
Senior Analyst
312-224-3128
jake.paschen@nmrk.com

Broker of Record:
Bert Sanders
Vice Chairman
Newmark
404-926-1104
bert.sanders@nmrk.com