PRESS RELEASE | Tikijian Associates Sells 306-Unit Class “A” Luxury Apartment Community in Fishers, Indiana

Location: Fishers, IN

Seller: The Ackermann Group
Buyer: A New York based investment firm

Tikijian Associates is pleased to have represented the seller in the sale of Flats at Fishers Marketplace, a 306-unit Class “A” luxury apartment community located in Fishers, Indiana. Popular, affluent and rapidly growing, the City of Fishers (a northern suburb of Indianapolis) was named the “Best Place to Live in America” by CNN/Money magazine in 2017.

Tikijian Associates represented the Cincinnati-based seller, The Ackermann Group, which developed Flats at Fishers Marketplace between 2014 and 2016 and managed the community until the sale. Founded in the 1940s, Ackermann is a well-respected developer, owner and manager of office, retail, medical, and residential assets.

The buyer was a New York based real estate investment firm. Indianapolis-based Flaherty and Collins is managing Flats at Fishers Marketplace for the new owner.

Tikijian Associates is a market-leading boutique brokerage firm specializing exclusively in the sale of multifamily properties throughout Indiana. The sale of Flats at Fishers Marketplace was one of twenty-two closed by the firm in 2017, totaling over 5,900 units and more than $439,000,000.

Click here for a Flats at Fishers Marketplace Photo

For additional information:
Tikijian Associates
3755 E. 82nd St., Suite 265
Indianapolis, IN  46240

Phone: 317-578-0088

Fax: 317-570-3677

Contact: George Tikijian (gtikijian@TAmulti.com), or Hannah Ott (ott@tamulti.com)

Web Site: www.TAmulti.com


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