Noblesville business owner and former State Senator Luke Kenley announced the sale of four downtown properties and a parking lot to Darren Ratcliffe and the Gordon family through their real estate partnership, Noblesville Premium Properties.
Ratcliffe
Kenley
The properties being sold are 50-54, N. 9th St., formerly the G.C. Murphy Dime Store; 977 Logan St., containing the Logan Village Mall; 920 Logan St., commercial office building and formerly the Noblesville Furniture Store operated by Vin Haggan; 940 Logan St., housing THE MIX MARKET; and the half-city block of parking lots south of Clinton Street, from 9th Street to 10th Street.
Kenley said that he wanted to sell to local people who would appreciate and want to develop downtown. Ratcliffe is associated with the Gordon Marketing businesses on Hague Road, which has been in Noblesville for 35 years.
“Although it is difficult for me personally to sell these properties, I have no apparent family or employee successors for my operation,” said Kenley. “For the benefit of the future of the properties and downtown Noblesville, it is important to plan ahead and have building owners with the ability and desire to make a long-term commitment to these properties. Darren and the Gordon family reflect these values.”
Ratcliffe and the Gordon Marketing group have been investing in residential and commercial real estate for more than 20 years. The group currently owns close to 60 acres of office, storage and warehouse property along the Hague Road corridor, and a portfolio of 50 single-family homes throughout Hamilton County.
“We are very excited about the opportunity to represent and serve the downtown market, and the opportunities for growth in the Noblesville Historic District,” said Ratcliffe.
His plans include working with the community and local officials towards an ever-more thriving and successful downtown for all to enjoy. He will be handling all leasing commitments for these downtown properties, and his contact number is (317) 508-7593.
Kenley retains his remaining properties in Noblesville located on South 10th Street, East Conner Street and North 10th Street.