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Waterfront Office Park
Indianapolis, IN 46214

Acquired

6/2/1999

Location

Waterfront Office Park is located on the western side of suburban Indianapolis, at the intersection of Interstate 465 (outer beltway) and Interstate 74 in the Southwest/West office submarket. Indianapolis International Airport is located five minutes to the south.

Description

Waterfront Office Park consists of four office buildings, each with three floors of office space, containing a total of 193,414 square feet. Constructed between 1981 and 1985, the buildings are situated in a business park setting and surround a lake that provides scenic views for all four buildings.

Investment Rationale

Significant discount to replacement cost
The premier office complex in the West office submarket
Existing rents are below market rents in an improving market
Diverse tenant base with staggered lease expirations
Buildings offer immediate highway access and excellent visibility


Fund Ownership

Fund IV, Fund V

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF