Capitol City Fence Company Purchases Industrial Property In Indianapolis For $1.5M

This article discusses a sale transaction involving an industrial property located at 2460 North Arlington Avenue in Indianapolis, IN. The property has a total square footage of 20,970 and was sold for $1,500,000, translating to a price per square foot of $72.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,500,000
• Address: 2460 North Arlington Avenue
• Market: Indianapolis, IN
• Buyer: Capitol City Fence Company
• Seller: P7 Property LLC
• Buyer's Representative: Peter Seoane - Avison Young
• Seller's Representative: Nick Spegal - Re/Max
• Square Footage: 20,970
• Price per Square Foot: $72

Avison Young facilitated the sale between Capitol City Fence Company and P7 Property LLC. This transaction will help Capitol City Fence Company consolidate operations after a prior fire incident, effectively doubling their operational footprint and enhancing both their warehouse and outdoor storage capabilities.