Press

HDG Mansur Announce Acquisition Of Mansur Center 1

01 April 2005

Indianapolis, IN – [April 2005] – HDG Mansur acted as advisor to its private client on the acquisition of Mansur Center 1 for $44 million. The 213,609 sq. ft. property, redeveloped in 1989, is prominently located at 120 Monument Circle and is leased to WellPoint for an additional 13 years.

In the last two years, HDG Mansur has acquired in excess of US$1 billion in property, including a $79 million transaction in Sweden.

The Mansur Center 1 transaction, however, stands out among them, according to Harold D. Garrison, Chairman/CEO of HDG Mansur: "Our involvement in the acquisition of Mansur Center 1 and the asset management services we continue to provide are demonstrative of our commitment to downtown Indianapolis."

HDG Mansur continues to seek attractive property acquisition opportunities in North America and in Europe.

HDG Mansur is a collection of international companies that share common values in providing real estate wealth management services for high net-worth individuals and select institutions worldwide. Since 1982, HDG Mansur has advised, developed or managed international real estate projects and investments totaling over $3.5 billion. HDG Mansur has offices in London, New York and Indianapolis.

For more information, contact:
tgerber@hdgmansur.com
Phone: 317-655-7700

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