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Delaware Developer Buys Former Sam's Club in Indianapolis

Transverse II Development Pays $8.4 Million for Retail Building at College Park Plaza
The former Sam's Club at 3015 W. 86th St. in Indianapolis. Photo: CoStar
The former Sam's Club at 3015 W. 86th St. in Indianapolis. Photo: CoStar
By Laisha Peters
CoStar Research
February 4, 2019 | 3:37 P.M.

Dover, Delaware-based Transverse II Development purchased a 135,393-square-foot retail building at College Park Plaza in Indianapolis from Sams Real Estate Business Trust. The former Sam’s Club sold for $8.4 million, or about $62 per square foot.

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