What was the total value of the four Indiana retail centers sold?

The total sales amounted to over $30.5 million.

How many retail centers were included in the sale?

Four retail centers were included in the sale.

What was the combined square footage of the properties?

The properties total nearly 83,000 square feet.

Which company negotiated the sales of the retail centers?

Hanley Investment Group Real Estate Advisors negotiated the sales.

Where are the retail centers located?

The centers are Brookschool Plaza, Sunblest Shoppes, and Geist Landing in Fishers, Indiana, and Geist Corner in McCordsville, Indiana.

Which Charleston-based entity was involved in the acquisitions?

Charleston, S.C.-based Bond Street REIT purchased Brookschool Plaza and Sunblest Shoppes.

January 27, 2026

Fishers and McCordsville, Indiana – Retail Centers See Major Investment

Fishers and McCordsville, Indiana, January 27, 2026

Recent significant retail real estate transactions in central Indiana, totaling over $30.5 million, highlight the region’s economic vitality. Notably, Charleston-based Bond Street REIT has made strategic acquisitions in the area, reflecting strong investor confidence in local retail centers that fulfill community needs and drive growth. This activity underscores the essential role of neighborhood retail spaces in fostering local commerce and employment.

Fishers and McCordsville, Indiana – Retail Centers See Major Investment

Strategic private investment continues to drive economic activity across the nation, as evidenced by recent significant retail real estate transactions in central Indiana. These deals underscore the enduring value of well-positioned commercial properties and the keen foresight of investors, including a key player based right here in Charleston, South Carolina.

The successful negotiation of these sales highlights a vibrant market for retail centers that cater to daily community needs. Such transactions are not merely financial exchanges; they represent a vote of confidence in local economies and the entrepreneurial spirit of the businesses that occupy these spaces. For communities seeking sustainable growth, understanding the dynamics of private capital deployment and investor confidence, which are crucial for the Charleston, SC business landscape, is paramount.

Hanley Investment Group Orchestrates $30.5 Million in Indiana Retail Sales

Hanley Investment Group Real Estate Advisors, a nationally recognized brokerage firm, recently announced the negotiation of sales for four prominent retail centers across metro Indianapolis, Indiana. These transactions collectively totaled over $30.5 million and encompassed nearly 83,000 square feet of retail space, demonstrating significant activity in the commercial real estate sector. Dylan Mallory of Hanley Investment Group, in association with ParaSell Inc., was instrumental in representing the sellers for these properties.

The properties involved in these substantial sales include Brookschool Plaza, Sunblest Shoppes, and Geist Landing, all situated in Fishers, Indiana, and Geist Corner located in McCordsville, Indiana. These centers are vital hubs for their respective communities, providing a diverse array of goods and services. The successful execution of these sales signals continued investor demand for daily needs retail in central Indiana, a trend that offers valuable insights into broader market health and the resilience of small business.

Charleston-Based Bond Street REIT Invests in Indiana Properties

A notable highlight of these transactions is the involvement of Charleston, S.C.-based Bond Street REIT, which strategically acquired two of the four retail centers. Bond Street REIT purchased Brookschool Plaza in Fishers, a 22,400-square-foot property built in 2003, which is fully occupied by a mix of tenants including Dunkin’, Sherwin-Williams, Ascension Medical Group, Travel Eye Care, Boutique Hair and Nails, and Speck’s Pet Supply.

Additionally, the Charleston-based real estate investment trust acquired Sunblest Shoppes, also located in Fishers. This 9,600-square-foot asset, built in 1989, boasts full occupancy with tenants such as Papa Murphy’s, Domino’s Pizza, Subway, H&R Block, Sunflower Spa, Armore’ Nails, Marian Coffee, and The Mailing Station. The acquisition by a Charleston SC business underscores the reach and strategic vision of South Carolina entrepreneurs in the national investment landscape, bringing a valuable perspective to the Charleston County economy. Bryan Belk of Franklin Street represented Bond Street REIT in these purchases.

Diverse Investor Base Bolsters Market Confidence

Beyond Bond Street REIT’s significant acquisitions, the remaining retail centers also attracted diverse private capital. Geist Corner, a 19,248-square-foot strip center built in 2006 in McCordsville, was purchased by a private investor based in Indianapolis. Its tenant roster includes Goodfella’s Brick Oven Pizza & Pasta, Fit Body Boot Camp, Happy Cuisine, Subway, Huntington Learning Center, Papa John’s, Bella Nail & Spa, and Big Red Liquors.

The fourth property, Geist Landing, a 31,000-square-foot strip center in Fishers, found a buyer in a private 1031 investor based in Lexington, Kentucky. This center features a strong tenant mix with businesses like Kiddie Academy, Orangetheory Fitness, StretchLab, Play-It-Again Sports, Jet’s Pizza, Apricot Lane Boutique, V’s Barbershop, Da Vinci Nails, Tasteful Times, and Big Apple Bagels. Jeff Lefko of Hanley Investment Group represented the buyer of Geist Landing. The variety of buyers—from a regional REIT to local and out-of-state private investors—illustrates the robust and appealing nature of these types of retail assets.

The Enduring Value of Neighborhood Retail Centers

The consistent demand for neighborhood retail centers, particularly those featuring daily-needs tenants, highlights a fundamental strength in the economy. These centers often serve as cornerstones of their communities, providing essential services and fostering local commerce. The fully occupied status of most of the sold properties reflects the success and resilience of the small businesses operating within them. This trend is driven by consumer reliance on convenient local options and the adaptability of small business owners.

Such investments demonstrate confidence in the long-term stability and income potential of these assets. They represent a belief in the ability of local entrepreneurs to thrive and cater to community demands, providing stable employment and contributing to the overall economic well-being, much like the role of Charleston small business in the Lowcountry economic growth.

Fostering Economic Growth Through Private Investment and Innovation

These Indiana transactions offer valuable lessons for any community aiming to cultivate a thriving economic environment. The successful sales underscore how private investment, driven by market demand and entrepreneurial foresight, can effectively allocate capital to productive assets. When regulatory burdens are kept manageable, and the conditions for business ownership are favorable, it empowers investors to make decisions that ultimately create jobs, provide services, and enhance community vitality.

The involvement of a Charleston-based entity like Bond Street REIT further illustrates how entrepreneurial innovation and strategic capital deployment by South Carolina entrepreneurs extend beyond state lines, creating a broader impact. It highlights the importance of fostering an environment where businesses and investors feel confident in deploying capital, both locally and in promising markets elsewhere. This contributes to a dynamic Charleston County economy.

Conclusion

The recent sales of four retail centers in metro Indianapolis for over $30.5 million by Hanley Investment Group showcase the strong fundamentals of neighborhood retail and the crucial role of private capital in economic development. The strategic acquisitions by a Charleston-based REIT and other private investors demonstrate a robust market where entrepreneurial spirit and sound investment strategies lead to tangible economic benefits. For Charleston and the wider Lowcountry, these activities serve as a reminder of the power of private initiative, strategic investment, and a supportive business climate to spur enduring growth and prosperity. We encourage our readers to continue supporting local businesses and stay engaged with the factors that drive our region’s economic future.

Frequently Asked Questions About the Indiana Retail Center Sales

What was the total value of the four Indiana retail centers sold?: The total sales amounted to over $30.5 million.
How many retail centers were included in the sale?: Four retail centers were included in the sale.
What was the combined square footage of the properties?: The properties total nearly 83,000 square feet.
Which company negotiated the sales of the retail centers?: Hanley Investment Group Real Estate Advisors negotiated the sales.
Where are the retail centers located?: The centers are Brookschool Plaza, Sunblest Shoppes, and Geist Landing in Fishers, Indiana, and Geist Corner in McCordsville, Indiana.
Which Charleston-based entity was involved in the acquisitions?: Charleston, S.C.-based Bond Street REIT purchased Brookschool Plaza and Sunblest Shoppes.
Who represented the sellers in these transactions?: Dylan Mallory of Hanley Investment Group, in association with ParaSell Inc., represented the sellers.

Key Features of the Indiana Retail Center Sales

Feature	Detail	Geographic Scope
Total Sales Value	Over $30.5 million	Nationwide (referring to the transaction amount itself, not the market)
Number of Retail Centers Sold	4	State-level (Indiana)
Combined Square Footage	Nearly 83,000 square feet	State-level (Indiana)
Negotiating Firm	Hanley Investment Group Real Estate Advisors	Nationwide
Locations of Centers	Fishers and McCordsville, Indiana	State-level (Indiana)
Charleston-Based Buyer	Bond Street REIT	State-level (South Carolina)
Seller’s Representative	Dylan Mallory of Hanley Investment Group	Nationwide
Buyer’s Representative (for Brookschool Plaza & Sunblest Shoppes)	Bryan Belk of Franklin Street	Nationwide