Tower Investments Buys 101,727 SF Office Portfolio in Indianapolis, IN
By Press Release
June 16, 2017
Tower Investments is pleased to announce the purchase of Corporate Center North, Buildings 4 and 6, a 101,727 sq.ft, two 1-story office building portfolio located near Interstate 465 at 6026-6036 and 5915-5935 Lakeside Blvd. in Indianapolis, Indiana. Located in Corporate Center North and adjacent to Park 100, the primary business park that serves the northwest submarket and much of the city. The buildings are 100% leased to Stericycle, Inc., Central Indiana Educational Service Center, First Group Engineering, Inc. and Metals & Additives Corporation, Inc.
Stericycle (NASDAQ: SRCL) is one of the strongest tenants in the market with a 2015 gross profit of $1.26B on $2.99B in revenue and a market cap of $6.6B. The buildings have convenient and direct access to downtown Indianapolis via Interstate 465. Pease click here for more information about the property.