(Indianapolis, IN) Bradley Company / RESOURCE’s Tom Osborne and Kim Hartman recently brokered the sale of a mixed-use redevelopment opportunity located at 1030 S. Range Line Rd. in Carmel, Indiana. Osborne and Hartman represented the seller in the transaction of this property located in downtown Carmel. The property was purchased by James Acquisitions, LLC who was represented by Brian Bondus of ALO Property Group.
The retail and office building is located in one of the hottest submarkets of Indianapolis MSA. Tom Osborne says, “We are honored to have represented the Rich family with the sale of 1030 S. Range Line Rd., the former Rich Furniture building. This property has been a landmark in the heart of downtown Carmel for years, and we are excited to see what changes the new owner will make to the property.” James Acquisitions, LLC found value in preserving and renovating the existing structure that might not have been considered pre-COVID.
ABOUT BRADLEY COMPANY
With nine offices located throughout Indiana, Michigan and Ohio, Bradley Company provides commercial brokerage services, commercial and multi-housing management, real estate tax consulting, maintenance services, project and facilities management, corporate services, research services and strategic planning. Bradley Company was founded in 1978 and employs more than 300 professionals that manage more than 4,000 multi-housing units and more than eight million square feet of commercial properties.