Colliers completed the sale of a 151,306-square-foot, tri-temperature food-grade industrial facility at 5000 Anson Blvd. in Whitestown, Indiana, within the Indianapolis MSA.
Colliers Industrial Capital Markets advisors Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, and Tyler Ziebel, in partnership with Michael Lubbers of Colliers | Indianapolis, represented the seller, Delco Foods, in the transaction. The buyer was Ambrose Property Group, a national real estate investment, development, and management firm.
Constructed in 2020 as a build-to-suit facility for Delco Foods, the modern distribution building is fully leased on a new 12-year NNN lease. The mission-critical facility was purpose-built to support food-grade operations and features tri-temperature capabilities across freezer, cooler, and dry warehouse space, 32-foot clear heights, 19 dock doors, and one drive-in door.
Strategically located less than one mile from Interstate 65, the property provides direct access to Indianapolis’ primary north-south logistics corridor, supporting efficient regional and national distribution. The Whitestown submarket continues to attract institutional capital due to its proximity to the Indianapolis International Airport, strong labor fundamentals, and limited availability of modern Class A industrial product. The transaction reflects continued investor interest in long-term leased industrial assets within established Midwest logistics corridors.
