Bradley Company Represents Seller of Westridge Office Park

(Indianapolis, Ind.) Bradley Company brokers, Kevin Dick, Paul Dick and Nicholas Miller represented Westridge Investments, LLC, the seller of two multi-tenant buildings known as Westridge Office Park. Located at 6781 & 6845 E US Highway 36, Avon, Indiana, the property was recently acquired by NRF IX-Avon LLC.

Situated within five miles of two regional hospitals, Indiana University Health West Hospital and Hendricks County Regional Hospital, and located at the connecting point for Brownsburg, Avon and Plainfield, Westridge Office Park offers significant appeal to medical space users and is also home to traditional office and retail space users.

“This transaction is a great example of how out-of-state investors are finding value in the suburban Indianapolis office market,” says Kevin Dick, Vice President | Principal at Bradley Company. “When the property was initially purchased in 2014, it had gone through the receivership process and had high vacancy. By the time it was put on the market, it was generating significant cash flow with 96% occupancy.”

“Kevin and his team worked diligently for many years to keep Westridge well-leased and cash-flowing. When it was the right time to sell, and while they were identifying an exchange property for me, they successfully landed a qualified and decisive buyer,” says Westridge Investments, LLC principal Bruce Wishard.