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Chicago & Midwest  + Midwest  + Industrial  |  January 11, 2023
Transwestern Investment Group has acquired a fully leased, 912,522-square-foot Class A industrial asset in Plainfield, IN
Paul Bubny
By: Paul Bubny

Transwestern Investment Group Snags PepsiCo-Leased Indianapolis Warehouse

Transwestern Investment Group (TIG) acquired Ameriplex 4 on behalf of a separately managed account. The property, a 912,522-square-foot Class A industrial asset located at Ameriplex Parkway and I-70 in the Indianapolis suburb of Plainfield, IN, is fully leased by PepsiCo’s Quaker Sales & Distribution Inc. 

“This acquisition complements our strategy to acquire highly functional, core assets in major logistics markets across the country,” said Andy Norman, director, TIG. “Robust interstate, air freight and railroad connectivity underpin Indianapolis’s status as an important transportation hub in a thriving industrial market. Ameriplex 4’s location, coupled with the building being fully leased, made this a highly attractive opportunity.”     

CBRE’s Mike Caprille, Ryan Bain and Zach Graham brokered the deal. The seller and price weren’t disclosed. 

Ameriplex 4 is situated three miles south of Indianapolis International Airport and the second-largest FedEx Express hub in the U.S. 

Read More News Stories About: Transwestern
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Transwestern's Norman

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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