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Chicago & Midwest  + Midwest  + Industrial  |  September 29, 2021
Westpoint Il industrial Mooresville IN
Paul Bubny
By: Paul Bubny

Newly Built Industrial Fetches $43M in Indianapolis Metro

JLL Capital Markets closed the $43-million sale of Westpoint II, a new, 507,600-square-foot, Class A industrial facility in the Indianapolis-area community of Mooresville, IN. A JLL team of John Huguenard, Ed Halaburt and Brian Seitz marketed the property on behalf of the seller, Ambrose Property Group LLC. Cambridge Holdings purchased the asset. 

Westpoint II is fully occupied by Deckers Outdoors Corporation, a leading lifestyle and footwear retailer. Completed in 2021, the facility is part of Westpoint Business Park, a 550-acre master-planned park that will feature more than nine million square feet of Class A industrial product and, upon completion, rank as one of the largest distribution assets in the state. 

Located at 2633 Westpoint Blvd. in Mooresville, Westpoint II is approximately 22 miles from downtown Indianapolis and within Indianapolis’ Southwest Industrial submarket, a favorite bulk distribution and logistics hub with access and proximity to Indianapolis International Airport.  

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Inside The Story

JLL's Huguenard

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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