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Hendricks Commercial Properties Acquires Circle Centre Mall

Marking a Milestone Redevelopment in Downtown Indianapolis





Indianapolis, IN – (April 24, 2024) – Hendricks Commercial Properties, the real estate development and management firm behind the Bottleworks District and Ironworks at Keystone, has today announced its successful acquisition of Circle Centre Mall in downtown Indianapolis. This acquisition marks a significant milestone for both Hendricks Commercial Properties and the Indianapolis community.


Hendricks Commercial Properties plans to transform the high-profile property, which spans 2.5 city blocks, to meet the evolving needs of the city, downtown residents, and visitors.


Hendricks will work closely with key stakeholders, the City of Indianapolis and the Indiana Economic Development Corporation to determine the scope of the redevelopment, which will likely include retail, office space and residential development.


"We are thrilled to add the Circle Centre Mall to our portfolio of dynamic businesses and properties," said Rob Gerbitz, Chief Executive Officer of Hendricks Commercial Properties.

"We are committed to investing in the future of Indianapolis and believe that a new vision for the Circle Centre Mall property will bring more vibrancy to the heart of the downtown area and also create new opportunities for economic growth and community engagement."

For more information about Hendricks Commercial Properties and its portfolio of properties, visit www.hendricksgroup.net.


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About Hendricks Commercial Properties

Headquartered in Beloit, Wisconsin, Hendricks Commercial Properties is a leading real estate development and management firm committed to creating innovative spaces that inspire and transform communities. With a diverse portfolio of properties across the United States, the company specializes in urban development, mixed-use projects, and commercial real estate. Founded on a legacy of integrity, creativity, and excellence, Hendricks Commercial Properties is dedicated to shaping the future of real estate through visionary leadership and strategic investments.


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