INDIANAPOLIS-Tourism Tomorrow Inc., a subsidiary of the Indianapolis Convention and Visitors Association, has leased 27,145 square feet of office in the Claypool Courts complex in the Downtown, at 110 W. Washington St. The broker who represented building ownership says that the office will actually be used by Drum Corps International.A representative of the association did not return a call for comment, and it’s not clear why the group would lease the space for the non-profit Drum Corps, which moved its headquarters to Indiana from the Chicago area this year (though the group only lists an Indianapolis post office box as its contact address). The Corps does have a program created and managed by the Visitor’s Bureau called MusicCrossroads, with a mission to advance quality of life through the attraction, support and collaboration of performing arts entrepreneurs.

Matt Langfeldt with NAI Olympia Partners was assisted in representing owner Claypool Holdings LLC by Gus Miller. Mike Semler with CTMT represented the tenant. Langfeldt says the lease is for 10 years in the 80,000-square-foot complex, which is now 95% leased. He says he can’t reveal the exact lease rate, but says the asking rate for the complex, which includes some retail, is around $14 per square foot.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.