Indiana

Mohr-Logistics-Park-Building-6_Whiteland-Ind

Colliers Arranges Sale of 1.1 MSF Industrial Facility Near Indianapolis

by Hayden Spiess October 8, 2026

WHITELAND, IND. — Colliers has brokered the sale of Mohr Logistics Park Building 6, a 1.1 million-square-foot, single-tenant industrial facility located within the 475-acre Mohr Logistics Park in Whiteland, Indiana, just south of Indianapolis. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel of Colliers Institutional Industrial Advisors | Central represented the seller, Mohr Capital. The Dallas-based commercial real estate investment firm specializes in the acquisition, development and management of office, industrial, healthcare, hotel and retail properties. The buyer was not disclosed. Fully leased through August 2036 to Cummins Inc. — a global power technology company that designs, manufactures and services engines, power systems and related technologies — the property features a 40-foot clear height, 120 dock doors, four drive-in doors, 652 auto parking spaces, 270 trailer parking spaces and a 140-foot truck court. The facility provides convenient access to Cummins’ corporate and supply-chain presence throughout Indiana, including its headquarters in Columbus, Indiana, while also offering connectivity to Indianapolis International Airport, home to the world’s second-largest FedEx air hub. “The property’s location at the I-65 and Whiteland Road interchange provides immediate access to Indianapolis’ primary north-south distribution corridor and key regional transportation networks,” says Cantu. “Investors continue to target …

October 8, 2026

Acquisitions Indiana Midwest Multifamily

Marcus & Millichap Arranges Sale of 206-Unit Multifamily Property in Fort Wayne, Indiana

by Kristin Harlow October 8, 2026

FORT WAYNE, IND. — Marcus & Millichap has arranged the sale of Shoaff Park Villas, a 206-unit multifamily property in Fort Wayne. Jack Friskney, Aaron Kuroiwa and Austin Meeker of Marcus & Millichap represented the seller, Shoaff Park Villas Apartments Inc., and procured the buyer, an Illinois-based investor with a regional portfolio in northern Indiana and southern Michigan. The transaction marked the first time the property had been offered for sale since 1976 after being owned by the same family for 50 years.

October 8, 2026

Acquisitions Indiana Midwest Multifamily

Highgates Sells Multifamily Property in New Albany, Indiana for $9.5M

by Kristin Harlow September 25, 2026

NEW ALBANY, IND. — Highgates has sold High Park Apartments, a 96-unit multifamily community in New Albany near Louisville, for $9.5 million. Highgates acquired the property in July 2019 for $6.7 million utilizing a 10-year, fixed-rate Fredie Mac loan at a rate of 4.4 percent. During the hold period, the firm invested roughly $500,000 in capital improvements, including roofing, HVAC systems and unit interiors.

September 25, 2026

Development Indiana Industrial Midwest

Venture One Breaks Ground on 1.2 MSF Distribution Facility for Amazon in Northwest Indiana

by Kristin Harlow September 24, 2026

CROWN POINT, IND. — Venture One Real Estate has broken ground on a 1.2 million-square-foot build-to-suit distribution facility for Amazon at VenturePark 65 in Crown Point. The new facility will support Amazon’s distribution network across the Chicagoland and Northwest Indiana markets and is expected to create approximately 500 jobs. The project marks Chicago-based Venture One’s second development in Indiana. The project team includes Venture One as developer, Premier Design + Build Group as general contractor, Ware Malcomb as architect and Jacob & Hefner as civil engineer. Ryan O’Leary of KBC Advisors assisted Amazon in its site selection, and Brian Vanosky and Michael O’Leary of Lee & Associates represented Venture One.

September 24, 2026

Acquisitions Indiana Industrial Midwest

JLL Arranges Sale of 500,406 SF Industrial Building Near Indianapolis

by Kristin Harlow September 23, 2026

MOORESVILLE, IND. — JLL Capital Markets has arranged the sale of Westpoint Business Park, Building IV, a 500,406-square-foot sustainable food packaging building in Mooresville near Indianapolis. Completed in 2022, the cross-dock facility is fully leased to a packaging and manufacturing company. It features a clear height of 40 feet, 52 dock-high doors, three drive-in doors, a 140-foot truck court, 319 automobile parking spaces and 60 trailer parking positions. The property also includes 12,417 square feet of office space. John Huguenard, Ed Halaburt, Will McCormack and Cameron Chandra of JLL represented the seller, Ambrose. SkyREM acquired the asset.

September 23, 2026

Acquisitions Indiana Midwest Retail

Boulder Group Arranges $4.5M Sale of Retail Property Leased to CVS in Zionsville, Indiana

by Kristin Harlow September 17, 2026

ZIONSVILLE, IND. — The Boulder Group has arranged the $4.5 million sale of a single-tenant retail property net leased to CVS in Zionsville. The building is located at 6511 Whitestown Parkway near the interchange of I-65 and Whitestown Parkway. Randy Blankstein, Jimmy Goodman and John Feeney of Boulder Group represented the seller, a West Coast-based real estate fund, and the West Coast-based 1031 exchange buyer. Approximately 15 years remain on the CVS lease. The landlord has zero ongoing property management responsibilities under the triple net lease structure. CVS Health operates approximately 9,000 retail pharmacy locations across the United States.

September 17, 2026

Indiana Midwest

Eisenberg Foundation Expands Mentorship Program into Indianapolis

by Kristin Harlow September 16, 2026

INDIANAPOLIS — The Harold E. Eisenberg Foundation is expanding its real estate mentorship program to Indiana. Headquartered in the north suburbs of Chicago, the foundation’s mentorship program has worked with more than 2,200 college and university students and over 100 professionals. Students can now request mentorships from more than 50 industry leaders in the greater Indianapolis area at no cost to the student, college or university. Students will select their mentor, based on their interests and availability, to schedule a full-day job shadow experience. The mentors are experts in brokerage, capital/financial markets, development, investment and management. Luke Lonneman of JLL, Ralph Shiley of Scannell Properties and John Snell of Snell Real Estate Evaluation Co. serve as the leadership of the Eisenberg Foundation’s Indiana Mentorship Advisory Committee and will oversee the program. The expansion of the mentorship program into Indiana can be attributed in part to the success and growth of other programs hosted by the foundation. Last spring, university teams from Indiana University in Bloomington, University of Indiana in Indianapolis and University of Notre Dame participated in the Eisenberg Foundation’s Annual Real Estate Challenge, a case competition. Additionally, as many as 30 students from Indiana college and universities typically participate …

September 16, 2026

Development Indiana Midwest Multifamily Student Housing Wisconsin

Starwood Capital, Trinitas to Develop Three Student Housing Communities Totaling 2,046 Beds

by Kristin Harlow September 11, 2026

CARMEL, IND. AND MIAMI BEACH, FLA.— Starwood Capital Group and Trinitas Ventures have formed a joint venture to develop three student housing communities totaling 2,046 beds. Projects include Atmosphere Pittsburgh, a 672-bed development located at 217 Halket St. near Carnegie Mellon University in the city’s Oakland neighborhood; Atmosphere Norman, a 677-bed project located at 310 East Boyd St. near the University of Oklahoma in Norman; and Atmosphere on Mifflin, a 697-bed development located at 619 West Mifflin St. near the University of Wisconsin-Madison campus. All three communities are scheduled for completion in summer 2028. Ryan Lang led Newmark’s student housing team in arranging the joint venture. Trinitas Ventures is headquartered in Carmel, and Starwood Capital Group is headquartered in Miami Beach.

September 11, 2026

Acquisitions Indiana Industrial Midwest

Colliers Arranges Sale of 1.5 MSF Industrial Portfolio in Indianapolis

by Kristin Harlow September 8, 2026

INDIANAPOLIS — Colliers has arranged the sale of the Indianapolis West Infill Industrial Portfolio, a 1.5 million-square-foot, 29-building light industrial portfolio located within the Park 100 and Park Fletcher industrial parks in Indianapolis. The portfolio spans the city’s Northwest and Southwest submarkets. Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse, Tyler Ziebel, Tyler Wilson, Jason Speckman and Sydney Gabriel of Colliers represented the undisclosed seller. MLG Capital, on behalf of MLG Legacy Fund and 1031 exchange investors, purchased the portfolio, which is 94 percent leased to 158 tenants. The properties feature an average clear height of 15 feet with a total of 194 dock doors and 155 drive-in doors. The buildings range in size from 16,000 to 157,000 square feet.

September 8, 2026

Development Indiana Midwest Multifamily Student Housing

Gilbane, Purdue Fort Wayne Open 600-Bed Student Housing Development in Indiana

by Kristin Harlow August 20, 2026

FORT WAYNE, IND. — Gilbane and Purdue University Ford Wayne (PFW) have opened Trace, a 600-bed student housing complex on PFW’s North Campus made possible through a public-private partnership. PFW is continuing its transition from a commuter campus by offering a more traditional residential community, addressing the need for more student housing, which has been at full capacity for seven consecutive fall semesters. Located near Ginsberg Hall, the four-story, 213,000-square-foot development includes 176 units spanning studio to four-bedroom accommodations. Nearly half of the beds are reserved for university-contracted students while the remaining will be available for other students, including those enrolled at other colleges and universities, who will lease the complex directly. Amenities at the property include a convenience store, fitness center, gaming room, study space, lounges, a reception area, leasing office and multipurpose spaces. Outdoor amenities include a hammock farm, sand volleyball court, basketball court, grilling areas, fire pits and green space. Gilbane served as developer and construction manager, AVB was the design-builder and Progressive AE was the architect. The complex will be owned by Strategic Facility Partners and operated by Inwood Management.

August 20, 2026

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