Alidade Capital Acquires 118,954 SF Office Building in Indianapolis

INDIANAPOLIS — Alidade Capital WCP VII LLC, a wholly owned subsidiary of Alidade Capital Fund IV LP, has acquired Woodland Corporate Park VII in Indianapolis for an undisclosed price. The 118,954-square-foot office building is visible from I-465. The acquisition represents Michigan-based Alidade Capital’s second transaction in Indianapolis and brings the real estate private equity fund manager’s total portfolio in the area to approximately 292,000 square feet. Following the sale, Alidade Capital awarded John Vandenbark and Nick Svarczkopf of CBRE with the listing assignment for the property. Dan Richardson of CBRE represented the seller, Duke Construction Limited Partnership, in the transaction.