Business Details
Your Trusted Partner for Real Estate Solutions in Carmel, IN
REI Real Estate is a comprehensive real estate solutions company with decades of experience in development, asset management, and property management. Our team specializes in creating value through strategic partnerships, innovative development projects, and meticulous property oversight. We prioritize client success by combining market expertise with a commitment to community and sustainability. Our services span commercial, industrial, and hospitality sectors, serving clients across multiple states. With a proven track record in managing over $200 million in ongoing projects, we deliver tailored solutions that exceed expectations.Our leadership team brings extensive industry knowledge, including specialized expertise in leasing, financial management, and sustainable practices. We actively contribute to community development through board memberships and charitable initiatives. Our energy management strategies align environmental responsibility with asset value enhancement. By maintaining a client-centric approach, we ensure long-term relationships built on trust and results. Our operations reflect a dedication to excellence, from site selection to project completion.
Services
Development Management
Asset Management
Property Management
Sales & Leasing
Energy Management
Facility Maintenance
Financial Analysis
Tenant Relations
Market Positioning
Sustainability Initiatives
Highlights and features
- We offer 25+ years of experience in commercial real estate development and management.
- Our team manages over $200 million in ongoing development projects nationwide.
- Exclusive leasing agents for major Indianapolis properties including 300 North Meridian.
- Certified professionals with expertise in financial management and sustainable practices.
- Community-focused approach with active involvement in local organizations and initiatives.
Services
Development Management
Our development management services encompass strategic planning, site selection, and construction oversight for commercial and hospitality projects. We coordinate all aspects from concept to completion, ensuring alignment with market demands and investment goals. Our expertise includes managing $200M+ in active projects across multiple states.
Asset Management
We maximize property value through comprehensive asset management strategies that include financial analysis, market positioning, and risk mitigation. Our team oversees 2.8M+ sq ft of commercial space, focusing on long-term value creation and operational efficiency for institutional and private investors.
Property Management
Our property management services cover lease administration, maintenance, and tenant relations for multi-tenant and owner-occupied buildings. We maintain 2.3M+ sq ft of office space with emphasis on preventive maintenance, energy efficiency, and tenant satisfaction through responsive service delivery.
Sales & Leasing
We provide comprehensive leasing and sales services with exclusive representation for major properties like 300 North Meridian. Our brokers have completed 1,150+ transactions totaling $722M, leveraging market expertise to optimize client returns through strategic positioning and negotiation.
Energy Management
Our energy management initiatives focus on implementing Energy Star-certified practices and green building strategies. We develop customized solutions that reduce operating costs while enhancing asset value through sustainable operations and environmental stewardship.
People
Michael W. Wells
President
President of REI Investments with 25+ years in real estate development, overseeing $200M+ in projects. Previously practiced real estate law, graduated Magna Cum Laude from Indiana University Law School. Active in multiple community organizations.
Jeffrey Sporleder
Chief Financial Officer
CFO with 35+ years accounting experience, including Ernst & Young audit background. Manages financial operations for REI's $200M+ development portfolio. Certified Public Accountant and Indiana University graduate with BS in Accounting.
Tina Shute
Vice President of Asset and Property Management
Vice President overseeing asset management and property operations for 2M+ sq ft portfolio. Certified Property Manager with Indiana University Kelley School of Business degree. Active in IREM and community mentoring programs.
Ryan Wells
Asset Manager/Director of Development
Asset Manager and Development Director with decade of real estate experience. Oversees project phases from site selection to construction. Purdue University graduate with background in commercial appraisal and banking industry restructuring.
Michael D. Napariu
Senior Vice President of Sales & Leasing
CCIM and CPA with 1,150+ transactions totaling $722M. Exclusive leasing agent for REI properties and major Indianapolis landmarks. Indiana University graduate with expertise in commercial brokerage and financial analysis.
Questions
What real estate services does REI offer?
REI provides development management, asset management, property management, and brokerage services for commercial, industrial, and hospitality properties across multiple states.
How does REI differentiate itself from other real estate firms?
We combine 25+ years of experience with a vertically integrated approach, managing over $200M in projects and 2.8M sq ft of commercial space with in-house expertise.
What markets does REI operate in?
We primarily serve Indianapolis and Carmel with active projects in Nashville, San Antonio, and Austin, managing properties across five states.
How does REI approach sustainability?
As Energy Star partners, we implement green initiatives that reduce operating costs while enhancing asset value through environmentally responsible practices.
Can I lease office space through REI?
We offer Class A office spaces in Carmel and Indianapolis starting at $24/sq ft, with medical office and industrial warehouse options available.
