Sunbeam Development Corporation and affiliate companies own and manage a diverse portfolio of real estate primarily located in Indiana and Florida. Developments include suburban office parks, light industrial parks and shopping centers. Sunbeam typically buys large tracts of land in growth areas and provides the funding and expertise for the infrastructure to support a major development.
Sunbeam began investing in Indianapolis real estate in 1967 and has expanded into several multi-million dollar developments including quality office, retail and industrial properties. Our most visible holdings in Indianapolis include the 1,000 acre Exit Five Development in Fishers which has absorbed over 1.5 million square feet of office and industrial space since its inception in 1988, six shopping centers in Castleton that feature such anchor tenants as Weekends Only, Joann Etc., Gander Mountain and Costco, and the new 685 acre development, I-70 West Commerce Park, which is already home to more than 2 million square feet of modern bulk distribution business including Chewy.com.
Sunbeam operates in two business sectors – – broadcasting and real estate. The parent company, Sunbeam Television, headquartered in Miami, Florida owns WSVN-TV in Miami and WHDH-TV in Boston. Our largest development in Florida, Miramar Park of Commerce, is a 2,500 acre mixed use development on the Dade and Broward County lines where we have developed over two million square feet in the past eight years.
The expressed goal of Sunbeam is to develop and own quality income producing commercial properties. Our long range investment perspective is to own high quality developments supported by quality, on-site management teams. Local business references are available upon request. If there is information you desire that cannot be located here on our website, please contact our Fishers, Indiana office and we would be happy to help out.