Conversion at Play
Blueprint facilitates sale of former United Healthcare Group (NYSE: UNH) corporate office building for incoming investor conversion.
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Blueprint was engaged by a publicly traded REIT for the marketing and sale of a former corporate office building for conversion and reuse into another real estate asset class.
Totaling over 200,000 RSF, the asset is located in the highly sought-after Park 100 commercial and industrial corridor in the Northwest Indianapolis submarket. On the day of sale, the asset was officially vacated as United Healthcare Group (NYSE: UNH) moved its corporate office closer to the heart of downtown Indianapolis.
The Buyer was Chicago-based Echo Real Estate Capital, a full-service real estate investment & development firm with a national platform specializing in build-to-suit, value-add investments, sale/leasebacks, and capital markets advisory services for healthcare providers, national retailers, industrial manufacturing and distribution companies, and general office users.
