Cushman & Wakefield brokers $12.25 million sale of Monon & Main mixed-use asset in Carmel, Indiana

CUSHMAN & WAKEFIELD PLC

CUSHMAN & WAKEFIELD PLC

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  • Cushman & Wakefield brokered the USD 12.25 million sale of Monon & Main, a 34,650-sq-ft mixed-use office-retail property in Carmel, Indiana.
  • Deal priced at USD 354 per sq ft, setting a record for office sales in Indiana.
  • The four-story asset was built in 2018, was 100% leased, comprised of 79% office space, 21% retail.
  • Seller was a private partnership led by the Hannum family; buyer was a private investor.


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