Prime Beverage Group Leases 915,720 Square Foot Industrial Facility From Browning Investments In Fairland Indiana
9201 Frontage Road
Building Size
915,720 SF
Asset Type
Industrial
Closing
Jul 28, 2026
AI
The asset involved in this transaction is a full-building lease for an industrial property located at 9201 Frontage Road in Fairland, Indiana. The facility spans 915,720 square feet and is part of the Velocity 74 Trade Center, developed by Browning Investments.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 9201 Frontage Road
- Market: Fairland, IN
- Landlord: Browning Investments
- Tenant: Prime Beverage Group
- Brokers: Jimmy Cohoat, Jason Speckman, Brian Zurawski - Colliers; Warren Snowdon - Foundry Commercial
- Lease Type: Full-building lease
The leasing arrangement involved Colliers, which facilitated the transaction for the landlord Browning Investments. Colliers' representatives Jimmy Cohoat and Jason Speckman were instrumental in representing the landlord. Meanwhile, Warren Snowdon of Foundry Commercial and Brian Zurawski from Colliers represented the tenant, Prime Beverage Group.
Players
North Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93