JLL Arranges Sale of 827K-SF Industrial Portfolio

JLL arranged the sale of Park 74 Commerce Center, a two-building industrial portfolio totaling 826,687 square feet in Brownsburg, Indiana, within the Indianapolis metropolitan statistical area.

JLL represented the seller, Brennan Investment Group and RGA ReCap Incorporated, on behalf of Reinsurance Group of America, Incorporated, in the transaction. The distribution complex consists of a 580,884-square-foot cross-dock facility and a 245,803-square-foot rear-load building, both constructed in 2024 with modern logistics specifications.

The JLL Capital Markets team representing the seller was led by Senior Managing Director Sean Devaney, Managing Directors Kurt Sarbaugh and Ed Halaburt, Senior Director Ross Bratcher, Associate Cameron Chandra and Analyst Luke Davis. Executive Managing Directors Brian Buschuk and Brian Seitz provided local market expertise out of JLL’s Indianapolis brokerage office.

The properties are 100% leased to three tenants representing abrasives manufacturing, electric motors and flexible film production. Located at 9600 and 9822 East 400 North, Park 74 Commerce Center provides immediate access to Interstate 74 via Ronald Reagan Parkway, connecting tenants to the greater Indianapolis region and the central Midwest’s extensive highway infrastructure.