Time Equities, Inc Acquires 55,000-Square-Foot Industrial Warehouse In Indianapolis For $3.275M

Time Equities, Inc. has acquired a 55,000-square-foot industrial warehouse located at 1840 Midwest Boulevard in Indianapolis, Indiana. The property, which was sold for $3.275 million, is 94 percent leased and is anchored by R&R Plumbing, a Berkshire Hathaway affiliate.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,275,000
• Size: 55,000 square feet
• Price per Square Foot: $60
• Address: 1840 Midwest Boulevard, Indianapolis, IN
• Market: Indianapolis, IN

The acquisition was facilitated by Brian Dell, Ryan Kelly, and Tony Hupp from Colliers International, who acted as brokers in the transaction representing Max Pastor and Brian Soto from Time Equities, Inc.