Government Investment Partners Acquires Three Office And Retail Buildings In Downtown Indianapolis For $14M

Government Investment Partners (GIP) has completed the acquisition of three office and retail buildings near Monument Circle in downtown Indianapolis. The properties, located at 2 North Meridian Street, 20 West Washington Street, and 24 West Washington Street, were sold for a total price of $14,000,000. The transaction took place on October 18, 2023.

Summary of transaction details

• Property Type: Office & Retail
• Transaction Amount: $14,000,000
• Address: 2 North Meridian Street, 20 West Washington Street & 24 West Washington Street
• Market: Indianapolis, IN

The buyer, Government Investment Partners, acquired the properties from Two North Meridian Co and John Goodman. The deal was facilitated by the brokers Alex Cantu, Alex Davenport, and Rachel Patten from Colliers International.