Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications

JLL closes nine-building bulk warehouse sale in Indianapolis market

December 18, 2019
Share on Facebook Share on Twitter Share on LinkedIn Share via email

JLL has closed the $50 million sale of Shadeland Commerce Center, a nine-building bulk warehouse and light industrial property totaling 1.7 million square feet in Indianapolis’ East Industrial submarket.

JLL marketed the property on behalf of the seller. Plymouth Industrial REIT, Inc. purchased the offering.

Shadeland Commerce Center is 95 percent leased to 26 tenants in a variety of industries, including paper and packaging; logistics and distribution; retail, professional and business services; construction materials; and building fixtures and automotive.

The bulk warehouse and light industrial buildings feature clear heights ranging from 16 to 24 feet, low office finish, 201 dock-high doors, 24 drive-in doors and ample parking. Shadeland Commerce Center is situated on 116.5 acres at 2900 Shadeland and 6555, 6575, 6585, 6635, 6701, 6727, 6751 and 6951 East 30th Street one mile from the interchange at Interstates 70 and 465, which connects the major east-west interstate in Indiana with the primary loop around the city.

Located within Indianapolis’ East Industrial submarket, the portfolio is about 21 miles from Indianapolis International Airport. The property is located across the street from two other Plymouth-owned properties at the Shadeland I-70 Business Park.

The JLL Capital Markets team representing the seller was led by Co-Head of Industrial Capital Markets John Huguenard and Managing Directors Sean Devaney, Brian Seitz and Brian Buschuk.

Tags
IndianaIndianapolisindustrialJLL
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MinnesotaMultifamily

Ryan Companies celebrates topping out of 25-story high-rise in Minneapolis

June 2, 2023
MissouriHospitality

Marcus & Millichap sells 12-building vacation resort in Branson

June 2, 2023
MichiganCRE

How is Detroit spending its COVID relief dollars? Mostly to clean up blighted commercial corridors

Dan RafterJune 2, 2023
MichiganNet LeaseRetail

Marcus & Millichap closes sale of Starbucks in Royal Oak

June 2, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com