Indianapolis, IN
CBRE Arranges Sale of 208-Unit Princeton Lakes in North Indianapolis Suburb
September 28, 2023
Media Contact
Sr Communication Specialist
CBRE has arranged the sale of Princeton Lakes, a 208-unit multifamily property in Noblesville, Indiana. A local private investor purchased the property from Pedcor Companies for an undisclosed amount.
CBRE’s Steve LaMotte, Jr., Dane Wilson and Ross Wettersten represented the seller in the transaction.
“Princeton Lakes sits in the highly esteemed north Indianapolis suburb of Noblesville in affluent Hamilton County, which is the center of several modern amenities, rising employment, historic infrastructure and high-value housing,” said LaMotte.
Princeton Lakes was completed in 2005 and is located at 17955 Murray Pl, on the corner of State Roads 37 and 32. The property includes a range of one-, two- and three-bedroom floor plans averaging 1,021 square feet and features a swimming pool, a picnic area, a clubhouse, a playground and several walking trails.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.