CNO Corporate Campus
Carmel, Indiana
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Prime Corporate Campus Redevelopment Opportunity
Quick Hits
Generational Opportunity. This offering represents one of the last large-scale, strategically located redevelopment sites available in Carmel, making it a rare and valuable opportunity.
Path of Progress. The surrounding Carmel submarkets continue to witness a surge in commercial development, with investments exceeding $3.0 billion since 2018.
Scale. The site provides a distinctive scale for diverse development opportunities. It is strategically positioned between the bustling US-31 corridor and thriving Carmel Midtown, enabling a variety of uses.
Proven Demand. The Carmel market consistently demonstrates a proven capacity to absorb large-scale developments since 2018, underscoring the viability of this opportunity.
6
Buildings
± 627,000
Total SF
± 78
Acres
± 21%
Site Coverage
CNO Corporate Campus is a rare opportunity to acquire a prime large scale redevelopment site in the heart of Carmel, Indiana that provides an opportunity to master develop a new mixed use 'district'. The current state of the campus includes six separate buildings, of which two are industrial-flex and remainder arelow-rise office buildings with limited coverage of the acreage.
Carmel Development Activity
Office / Mixed-Use Projects
1.2 MSF | $1.0B Invested
Medical / Hospitality Projects
0.5 MSF | $300M Invested
Multi-Family / Mixed-Use Projects
5,375 Units| $1.775 B Invested
$3.0 B
in new Commercial Property Investments since 2018 in Carmel
Property Overview
Click on zone A, B, or C below to learn more
Zone A
Redevelopment opportunity for a future large scale mixed-use project ― comprised of ± 47 acres, 4 buildings, and ± 393,845 SF.
total acres
± 47
total square feet
± 384,000
Building D
Building E
Building I
Building J
Acreage
Tenancy
± 75,130 SF | Single-story Flex
± 87,450 SF | Single-story Flex
± 101,265 SF | Two-story Class B Office
± 103,154 SF | Two-story Class B Office
± 47.02 Acres
Building D | Vacant
Building E | Owner Occupier
Building I | 48.91% Leased through July 31, 2027
Building J | Vacant
Building K
Acreage
Tenancy
± 139,337 SF | Two-story Class B Office
± 19.85 Acres
Vacant
total acres
± 20
total square feet
± 139,000
A ± 139,337 SF Class B standalone building, prime for a mixed-use development or medical office conversion on ± 20 acres.
Zone B
Building G
Acreage
Tenancy
± 105,241 SF | Single-story Class B Office
± 11.05 Acres
100% leased through May 31, 2028
total acres
± 11
total square feet
± 104,000
A single-tenant investment sale of a ± 105,241 SF Class-B office building on ± 11 acres for eventual redevelopment.
Zone C
Contact Us
Andrew Urban MBA CCIM
Senior Vice President
+1 317 713 2167
andrew.urban@colliers.com
Tom Hadley SIOR
Executive Vice President
+1 317 713 2105
tom.hadley@colliers.com
Aaron Snoddy
Vice President
+1 317 713 2106
aaron.snoddy@colliers.com
David Burden MBA SIOR
Principal & EVP
+1 312 612 5948
david.burden@colliers.com
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CNO Corporate Campus
Carmel, Indiana
Prime Corporate Campus Redevelopment Opportunity
CNO Corporate Campus
Carmel, Indiana
Prime Corporate Campus Redevelopment Opportunity