JLL has secured sales for Wesley Place, a 244-unit luxury apartment community just north of downtown Indianapolis, Indiana.
JLL Director Amanda Flint, Senior Managing Director Ken Martin, Managing Director Mark Stern and Director Zach Kaufman represent Sellers, Arrow Street Development, Standard Real Estate Investment and Berey Investment Group. I did.
“The sale of Wesley Place shows strong interest from investors in the high quality Midwest multifamily assets, particularly the appeal of clear EDS & Meds,” Friant said. Located just north of downtown Indianapolis, Wesley Place is the neighboring country of $4.3 billion Indiana University Health Campus, the nation’s largest healthcare project.
Completed in 2023, Wesley Place offers a modern living experience with high-end interior finishes and a resort-style pool, a state-of-the-art fitness centre, outdoor kitchens, and pet spas. The community is also eligible for a surcharge tax reduction starting in 2025.
