### Bradford Allen Acquires Indianapolis SpringHill Suites
Bradford Allen’s investment arm has acquired the SpringHill Suites Indianapolis Fishers, a 130-room select-service hotel located at 9698 Hague Road, adjacent to the new Cadillac Formula 1 headquarters.
Situated near Interstate 69 in the Indianapolis North Loop submarket, the hotel is less than three miles from the newly developed Fishers Event Center. Additionally, it is directly across the street from the new Cadillac F1 headquarters being developed by Bradford Allen and is located less than 20 miles from the Indianapolis Motor Speedway.
Earlier this year, Bradford Allen facilitated a lease agreement for Andretti Global to occupy the former IndyStar Pulliam Production Center in Indianapolis, which will serve as a base for Andretti Global’s INDYCAR, INDY NXT, and Formula E teams.
“The hotel will benefit from the increased demand we anticipate from the F1 headquarters, as well as the growth of the Indianapolis suburbs and the many new nearby event and entertainment options,” said Aghfar Arun, Executive Director of Hospitality at Bradford Allen.
