Industrial O Indiana

Colliers sells three modern bulk buildings in Indianapolis market

Colliers sells three modern bulk buildings in Indianapolis market,ph01

Colliers International has closed the sale of three modern bulk industrial buildings in the Plainfield and Whitestown submarkets of Indianapolis.

The 1.8-million-square-foot portfolio includes AllPoints Midwest Building 8 within the 950-acre master-planned AllPoints Midwest distribution park in Plainfield, Indiana. It also includes AllPoints at Anson 8A and AllPoints at Anson 7B, part of the 616-acre AllPoints at Anson industrial park in Whitestown, Indiana.

The buildings are home to Brooks Sports, Ryder Logistics, Kuehne + Nagel and TF Distributing.

The deal team led by Alex Cantu, Steve Disse and Jeff Devine with Colliers International led the transaction for the seller, a joint venture including Browning Development. CBRE Global Investors, a real assets investment management and advisory firm purchased the portfolio.