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B&E marketing 258,000-square-foot medical manufacturing facility in Indianapolis

November 4, 2019
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B+E has taken on the listing of a fully-leased, about 258,375-square-foot medical manufacturing and research facility in the Bloomington, Indiana, MSA for $64.625 million. B+E is teaming up with Indianapolis based Resource Commercial Real Estate on the offering.

The 15-year NNN property sits on +/- 21.53 acres of land with +/- 795 parking spaces and is listed at an initial cap rate of 5.5 percent with 2 percent annual rent escalations.

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