Skip Ribbon Commands
Skip to main content

News release

INDIANAPOLIS

Neyer Properties Taps JLL Indianapolis for Property Management Services

Adds Three Buildings to the Management Portfolio


INDIANAPOLIS, April 26, 2017 – JLL's Indianapolis office is pleased to announce that the Property Management team has been hired by Neyer Properties to manage three buildings in the Indianapolis area. Two Woodfield Crossing and Three Woodfield Crossing are located in the Keystone submarket while Woodland Corporate Park IV is located in the northwest submarket. The JLL Indianapolis Property Management team now manages over seven million square feet.

"Two and Three Woodfield Crossing were our first acquisition in the Indy market," says Daniel Krueger, Director of Asset Management for Neyer Properties. "We recently acquired Woodland Corporate Park IV and are always looking for additional acquisition opportunities in Indianapolis."

Neyer Properties purchased Two and Three Woodfield Crossing in December 2013 and has since embarked on several extensive renovation projects. The most noticeable transformation is in Three Woodfield Crossing's lobby with the removal of the fountain and plant areas. The five-story atrium lobby was renovated to allow for a more interactive and lively space with amenities and gathering areas for the tenants. Neyer Properties also added a "tenant entertainment room" that features a golf simulator, allowing tenants to take a break and release some stress. The parking areas at Three Woodfield Crossing will also be renovated and extended in 2017.

Two Woodfield Crossing's lobby was also renovated, complete with new furniture and carpet. The building added an onsite conference room, a convenience for tenants. Plans continue in 2017 in the building's lobby with the addition of a self-service market. Both buildings received updated landscaping and exterior improvements.

Neyer Properties purchased Woodland Corporate Park IV in January 2016 and have since expanded the parking lot to increase the parking ratio for tenants, painted the exterior façade, and updated the common areas and on-site conference room. The property is currently undergoing an extensive landscaping renovation.

"We are thrilled to bring these established properties into our management portfolio," says Ryan Room, Senior Vice President. "Neyer Properties has an excellent reputation for bringing value to the communities in which they invest, so we are excited to be a partner in making that a reality."

The JLL Indianapolis Property Management team has grown the portfolio of managed properties by nearly 10% in the first quarter of 2017. As they strategically partner with more office and industrial properties, the staff has grown to accommodate and excel in customer service. As an industry leader with an unmatched property management platform and a strong senior oversight team, JLL offers comprehensive and integrated services to help property owners gain maximum portfolio efficiency and profitability.

​For more news, videos and research resources on JLL, please visit the firm's U.S. media center Web page: http://bit.ly/18P2tkv.

About Neyer Properties

Neyer Properties is a full-service commercial real estate developer specializing in sustainable land development, construction management, investment, and redevelopment. Based in Cincinnati, Neyer Properties currently owns over 4.5 million square feet of office, industrial, and retail space and has over 200 acres ready for development throughout Ohio, Kentucky, and Indiana.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.