Lauth Completes Sale of The Congressional

Lauth is pleased to announce it successfully completed the sale of The Congressional to Baldwin & Lyons, Inc. on March 4, 2013. The 184,000 square foot Class A office building, located at the northeast corner of 116th Street and Pennsylvania Parkway, in Carmel, Indiana was purchased by Lauth in December of 2011. During Lauth’s 14 months of ownership, the Lauth team strategically placed capital dollars to bring back this “diamond in the rough” to its prominent status, positioning the building as one of the best leasing/sales opportunities in the market. With its 41,000 square foot, highly efficient floor plates, The Congressional was attracting strong interest from several large, profile tenants.

We at Lauth, would like to congratulate Baldwin & Lyons on their new headquarters and we wish them nothing but continued success in their future endeavors. For more information on this topic, please click here.