Arcamed, LLC, a surgical case and tray manufacturer, has purchased an 85,000-square-foot building to expand their business in Indianapolis. With a specialization in design and product development, the larger space will help accommodate their exponential business growth.
“The new facility is necessary for the growth we have experienced,” said Greg Maurer of Heron Capital, an investment firm with interests in Arcamed. “The larger building, and benefits of ownership, will allow for Arcamed to keep pace in a highly competitive industry.”
The decision to purchase a building, as opposed to leasing a larger space, was about the long-term success of the company. “Owning the building will allow us to control our own destiny,” Maurer said. “Our industry is fast paced and always changing, and the new space will allow for investment in state-of-the-art technology.”
Conrad Jacobs, director of Newmark Halakar, has worked with Arcamed for two years on their expansion. “Conrad was a pleasure to work with. We were very selective and spent nearly two years looking for the right fit, and he was with us every step of the way” Maurer stated.
For more information on Arcamed, please visit their website at www.arcamed.com.
About Newmark Halakar
Newmark Halakar was founded in 2000 as Halakar Property Group and merged with Newmark Knight Grubb Frank in 2010 to better serve clients locally and globally. For more information about services provided, please visit www.halakar.com.