Colliers Completes Sale of 1.5M-SF Indianapolis Industrial Portfolio

Colliers has completed the sale of the Indianapolis West Infill Industrial Portfolio, a 1,533,112-square-foot, 29-building light industrial portfolio located in the Park 100 and Park Fletcher industrial parks in Indianapolis, Indiana.

The portfolio spans the city’s Northwest and Southwest submarkets, with access to Indianapolis’ primary interstate network and Indianapolis International Airport. The portfolio is 94% occupied across 158 tenants, representing a diverse mix of established national, regional, and local companies across a broad range of industries.

Colliers Industrial Capital Markets advisors Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel partnered with Indianapolis local market advisors Tyler Wilson, Jason Speckman and Sydney Gabriel to complete the transaction on behalf of the seller. The portfolio was acquired by MLG Capital on behalf of MLG Legacy Fund and 1031 exchange investors.

“Investor demand for light industrial assets across Indianapolis and the greater Midwest remains strong, supported by resilient tenant demand, limited new supply, and favorable long-term market fundamentals,” said Cantu.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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