ConsortiumCRE is excited to announce that Micro Center will be entering Indiana with thier first store in the state, occupying 35,000 square feet at 5702 E 86th St., Indianapolis, IN.
Castleton is a super regional trade area, seeing more than 100 million visitors per year and is home to the largest concentration of retail in the state.
Keith W. Stark of ConsortiumCRE represented the Landlord in this transaction.
This will be Micro Center's first and only store in the state of Indiana, choosing to go on the northside of Indianapolis in the Castleton, within the Indianapolis MSA.
Says founder and CEO of ConsortiumRE Keith W. Stark, "We are incredibly excited to bring Micro Center's likely one and only location to Indianapolis."
Camping World, bound by a long term lease, retained ConsortiumRE to identify a subtenant to assume the obligation under a sublease agreement after determing they were no longer going to be open and opertating as Camping World at this location.
Micro Center currently has 25 stores and is expanding rapidly nationwide. Micro Center is among the nation's leading information technology, communications, and electronic device suppliers, operating twenty-five large stores in major markets nationwide. Founded in 1979 in Columbus, Ohio, Micro Center has grown steadily and profitably. Our stores are designed to supply the needs of a wide variety of consumers – from small businesses to local schools - with well-trained associates who offerinformation technology solutions.
Micro Center offers more computers, electronics, networking and communication devices (more than 30,000 items in stock) than any other company. (via microcenter.com)
Stark continues, "we continue to see plenty of activity in the retail sector, especially in the Indianapolis MSA and surrounding areas. The market is extremely competitve as retailers jockey for the best positions in any given trade area."