Oct
01
Colliers Brokers Two Indianapolis Industrial Deals
ByThe two assets amass approximately 500,000 square feet of warehouse space and are leased by tenants such as Kroger, Mansfield King, Peltz Shoes and MaxLite.
Colliers International negotiated the transaction of two industrial properties in the Indianapolis area, totaling approximately 500,000 square feet. One of the buyers is Exeter Properties, and the other one is Red Tail Investments.
The first facility is located at 998 Gerdt Court in Greenwood, Ind., on a 10-acre lot and encompasses 132,000 square feet of Class A industrial space featuring 32-foot height, a rear-load configuration and optimal column spacing. It is a brand-new building, completed at the end of 2016 for Shear Property Group, and is fully leased by Peltz Shoes and MaxLite…
