Industrial O Indiana

Colliers International sells big industrial portfolio in Indianapolis

Colliers International has closed the sale of the Post Park and Shadeland Business Center portfolio in Indianapolis.

The portfolio is made up of 8740 Boehning Lane, 8719-8813 Boehning Lane, 8825-8909, 2150 Boehning Lane and 3140-3192 N. Shadeland Ave. The light-industrial portfolio totals 231,803 square feet, and is located in the east industrial submarket of Indianapolis.

Alex Cantu, head of investment sales with Colliers International|Indianapolis, facilitated the transaction on behalf of the seller, DRA Advisors.

Congaree River LLC, an investment manager in Chicago, purchased the asset.