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**Hanley Investment Group Arranges Sale of $30M Indianapolis Retail Centers**
Hanley Investment Group Real Estate Advisors has successfully arranged the sale of four separate neighborhood retail strip centers in the Indianapolis metro area, totaling nearly 83,000 square feet. All four transactions were completed within the final 45 days of 2025 and collectively garnered a total sale price exceeding $30.5 million.
Three of the retail centers — Brookschool Plaza, Sunblest Shoppes, and Geist Corner — were owned by a private investor based in Indianapolis. The fourth property, Geist Landing, was sold by Thompson Thrift.
These sales illustrate the ongoing demand from investors for daily-needs retail assets in central Indiana. Over the past 12 months, Hanley Investment Group has closed 15 individual transactions in the region, with a total value of over $65 million.
“We continue to see an expanding buyer pool for this asset type, driven by strong demographics, consistent tenant performance, and the long-term stability that neighborhood centers provide,” said a representative from the firm. “Investors remain highly motivated to place capital in markets like Indianapolis, where fundamentals support durable income and steady appreciation.”
In other news, Connect CRE is currently accepting nominations for its ninth annual awards recognizing leading investment sales and leasing brokers in commercial real estate. Nominations are based on achievements from the past year.
The original article appeared on Connect CRE.
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