BMO Plaza Tower Up for Sale

INDIANAPOLIS—Investors have purchased a number of the city's major office towers in recent years, and now will have the opportunity to buy one that has already just undergone a renovation.

By Brian J. Rogal | Updated on October 12, 2015

INDIANAPOLIS—The growing popularity of office spaces in urban cores has brought great benefits to Indianapolis, with more companies moving downtown and investors buying up towers with plans to upgrade and reposition the properties. True North Management Group has decided to take advantage of the investment climate here by putting the 441,641 square foot BMO Plaza building up for sale.

The company has already invested more than $4.4 million into the 28-story building at 135 North Pennsylvania St. to expand and upgrade the amenity package. It now includes a tenant lounge, conference facility and workout center.

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