Stabilized Real Estate
Industrial - S. 500 Whitestown
PURCHASE PRICE
$39M
SIZE
410,424 SF
LOCATION
Indianapolis, IN
ACQUISITION DATE
Q1 '22

Investment Highlights

  • 410k SF, 100%-leased asset located in the Indianapolis, IN industrial market
  • Property is 100%-leased to two, high quality 3PL tenants
  • 2017-vintge asset features 36’ clear heights, 197’ truck courts and 42 dock doors
  • Indianapolis market is experiencing strong industrial supply and demand fundamentals, contributing to rent growth and positive net absorption

(1) As of October 31, 2022.