INDIANAPOLIS, December 18, 2019 – JLL announced that the four-story office building 9800 Crosspoint Boulevard in Fishers, Ind. is now available for sale or lease. The building was formally owned and occupied by Marsh Supermarkets as their corporate headquarters. A prime location, the 165,000 sq. ft. building is highly visible and located on 13.5 acres of land just north of 96th Street, along the heavily traveled I-69 corridor in Fishers.
Friedman Real Estate, in partnership with Somera Road, acquired the building in November of this year and has taken over management. They have appointed JLL Managing Director John Robinson in charge of marketing the property on their behalf.
Several architectural details make the space truly unique, including a modern lobby atrium with a skylight and water fountain. Floor-to-ceiling windows and a fourth-floor outdoor terrace allow tenants and visitors to enjoy the surrounding scenery. Other notable amenities include a fitness center equipped with lockers and showers, ample parking, as well as a 293-seat auditorium and several training rooms to accommodate large events or meetings.
9800 Crosspoint Blvd is suitable for single or multitenancy with 30,000-square-feet floorplates available.
“This property presents the opportunity for an established tenant to take advantage of the highly visible building at well below current replacement costs. The building contains many features that you typically see in new construction today. Considering its central location to the I-69 corridor and millions of dollars of recent developments in the area, Fishers is a top location for investors and tenants,” said Robinson. “The city is ranked as the number one place to live for its green initiatives and close-knit community—such a fantastic property in this area is rare.”
Fishers is the state’s fifth largest city and a vibrant community that has experienced exponential population and business growth over the last decade.
For more information, please contact John Robinson at +1 317 810 7172 or john.robinson@am.jll.com.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Friedman Real Estate
As one of the largest privately-held full-service commercial real estate organizations in the nation, Friedman Real Estate provides clients with a single point of contact for the full range of Advisory, Property Management, Brokerage, and Construction services that it offers.
Friedman manages more than 140 commercial properties encompassing more than 16M SF and more than 22,000 apartment homes throughout the United States. Friedman’s brokerage team has over 800 current listings with $20 billion in closed transactions. As owners and managers of commercial property for over 30 years, Friedman understands what it takes to achieve results that maximize their clients’ objectives. Additional information is available at www.friedmanrealestate.com and on LinkedIn, Facebook, Instagram, YouTube, and Twitter.
About Somera Road Inc.
Somera Road Inc. is a New York-based commercial real estate investment firm focused on value-add and opportunistic transactions across all asset classes and geographies. Somera Road targets off-market acquisitions previously impaired by some form of distress such as loan defaults, partnership disputes, and bankruptcy. These opportunities are often overlooked by larger institutional investors. Somera Road takes an entrepreneurial and methodical approach to identify off-market real estate opportunities that generate above-market returns for its investors. With a disciplined and aggressive approach, Somera Road drives value through strategic asset re-positionings, targeted capital improvement plans, and best-in-class, hands-on asset management. Since its inception, Somera Road has acquired over $1.5 billion in real estate totaling approximately 16 million square feet across 49 unique markets.
Somera Road was named one of Inc. magazine’s Best Places to Work in 2019, the annual ranking in the fast-growing private company sector.
Originally published by JLL.