Q2 2012 Indianapolis, Indiana Retail Property Sales Analysis

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Q2 2012 Indianapolis, Indiana Retail Property Sales Analysis


The only qualifying retail investment sale of the past four quarters took place in April 2012. The 24,475-square-foot Fishers Town Center in Fishers was sold by a private seller to Viking Partners Fund II LLC for $34 million ($1,389 psf). It is one of only four sales Reis has recorded since 2009, following one in 2011 and two in 2010. The last time a 12 month rolling cap rate could be calculated here was year-end 2009, when it was 10.2%