CBRE arranged the sale of Park 130 Building 5, a 235,840 square-foot-industrial property at 6353 Commerce Drive in Whitestown, Indiana. A private, high-net-worth buyer from California acquired the property for $25.35 million all-cash.
CBRE’s Kevin Foley, Austin Wolitarsky and Anthony DeLorenzo, along with Andrew Morris and Jeremy Woods of CBRE, represented the private seller in the transaction.
The property is fully leased to three tenants, Charles Industries, Canature WaterGroup U.S.A. and Weaver Popcorn Manufacturing (who is subleasing their space to BMWC Constructors, Inc.).
Situated on a 12.6-acre lot in the heart of the Northwest Indianapolis submarket, Park 130 benefits from proximity to major transportation routes, including direct access to Interstate 65.
