Fairbridge Properties, a privately held real estate investment company, announced today that Angie’s List space of almost 100,000 square feet will become available for lease in the spring of 2018 at Landmark Center, the company’s Class-A office tower in Indianapolis, Indiana. Additionally, the Centene space totaling approximately 60,000 square feet will become available at the end of July 2017. These new vacancies will account for one of the largest availabilities in the downtown core totaling +/-160,000 square feet.
The new leasing opportunities come on the heels of Fairbridge Properties’ decision to renovate Landmark and reposition the property within the downtown marketplace.
“Landmark will undergo a major transformation that we are very excited about,” said Dr. Dmitry Gordeev, Fairbridge Properties’ founder and managing partner. “The new lobby will be sleek and contemporary in its design, featuring natural stone and dark wood finishes. The adjacent modern lounge will provide tenants at the building an additional place to have coffee or meet with a colleague in a more informal and inviting setting.”
Additional improvements at Landmark will include common area renovations, new outdoor seating areas, upgraded landscaping, parking lot enhancements, and new tenant experience programs.
Located at 1099 N. Meridian Street in downtown Indianapolis, Landmark Center provides tenants with a highly accessible location between the entrance/exit ramps of Interstate 65 and at the intersection of two major streets, North Meridian and North Pennsylvania.
Landmark also offers tenants a fitness center, conference facility, indoor bike storage, full-service deli, sundry shop and free parking. There are also corporate identity possibilities via exterior signage on the building.
“We see this property as a great hybrid for corporate users looking to gain the conveniences of the suburbs with free parking and easy access, while still being within the excitement downtown Indianapolis is known for,” said Executive Vice President Rich Forslund of Colliers International.
Fairbridge Properties was founded in 2013 by Dmitry Gordeev. Headquartered in Princeton, N.J., Fairbridge acquires, develops and manages commercial properties that range in value from 10 to 45 million dollars. These properties are located in various primary and secondary markets throughout the continental United States.
Fairbridge is well-known for its in-house asset management expertise and responsiveness to investors’ needs. The company holds a superior track record in acquiring premium central business district (CBD) office buildings, suburban office centers and flex/R&D projects. The tenants in these buildings are primarily Fortune 1000 companies.