JVM Realty Acquires Indiana Mixed-Use Development September 28, 2021

JVM Realty Corp. has added an 18-acre mixed-use development in Fishers, Ind., to its growing portfolio. The firm acquired Fishers District for an undisclosed price from Thompson Thrift, who was represented by Cushman and Wakefield’s George Tikijian and Hannah Ott.

The master-planned development includes The Mark at Fishers District, a 260-unit luxury apartment community, and 105,000 square feet of retail and restaurant space. The Mark was built with studio, one-, two- and three-bedroom floorplans that range in size from 602 to 1,610 square feet. The community also includes a fitness center, bocce ball court, pool and spa.

According to Thompson Thrift, The Mark at Fishers District is 96 percent leased while the retail portion of Fishers District is fully leased. The retail tenant roster includes various restaurant tenants including St. Elmo 1933 Lounge, Sun King Brewery and Fishers Test Kitchen, which is a city-supported incubator kitchen for up-and-coming chefs.

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