CHAMBERS STREET BUYS INDUSTRIAL PROPERTY IN METRO INDY FOR $30.2M

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PLAINFIELD, IND. — Chambers Street Properties has acquired a single-tenant warehouse/distribution property in metro Indianapolis for $30.2 million. Built in 2013, the 622,440-square-foot property features 32-foot clear ceiling heights and 60 truck doors with knockout panels for future expansion. The building is fully leased on a long-term, triple-net basis to a nationwide manufacturer of pet products. The acquisition also includes an adjacent land parcel suitable for 227,000 square feet of expansion. The property is located at 445 Airtech Parkway in Plainfield.

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