INDIANAPOLIS—A joint venture between Middleton Partners and Romanek Properties Ltd., both Northbrook, IL-based real estate firms, has just sold its Hillsdale Business Park, a 445,892 square-foot property in Indianapolis for more than $30 million to Brennan Investment Group, the latest among a growing number of investors to seek the higher yields found in this city.

“This is a very active market from a leasing perspective,“ Gary Nussbaum, managing director of Transwestern, tells Along with senior associate David Matheis, he represented the seller. “Normally, we’ve got two or three tenants looking at every vacancy.”

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