In a year-end transaction, Holladay Properties donated 20 acres of its Ameriplex industrial park to Damar Services. The land, which appraised for $2.27 million, is adjacent to Damar's 46-acre main campus and will be used for future growth.
Three acres are located near Damar's main entrance at the corner of Decatur Boulevard and Kentucky Avenue, and the additional acres are adjacent to Kentucky Avenue.
This is the second time Holladay Properties has gifted land to Damar. In 2009, the real estate company donated eight acres to the nonprofit organization that provides services to children and adults challenged by autism and intellectual, developmental and behavioral disabilities.
"Holladay Properties' ongoing generosity is helping to expand not just Damar's space but also our vision for impact," said Damar Services President and CEO Jim Dalton. "Their gifts allow us to meet the needs of a growing population and to offer services that otherwise might not be possible."
About Holladay Properties
Holladay Properties is a full-scale land development, design/build and fully integrated real estate company and property management firm. It has developed more than 20 million square feet of commercial space and actively manages more than 14.3 million square feet of office, industrial, retail multifamily, hotel, healthcare space.
About Damar Services, Inc.
For nearly 50 years, Damar Services has been a leader in providing services to children and adults challenged by autism and intellectual, developmental and behavioral disabilities. From its main campus on Indianapolis’ southwest side, a northeast side clinic and other locations across the state, Damar offers residential and community-based treatment, outpatient behavioral health services and ABA Autism Services by Damar. In addition, Damar operates two schools and provides foster care services. For more information, visit www.damar.org.
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Media contact: Jen Thomas, 317-441-2487, [email protected]