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2588 Jannetides Boulevard

Aasif Bade Of Ambrose Acquires Four Industrial Assets For $102 Million In Indiana And Ohio
SOLDIndustrial

Aasif Bade Of Ambrose Acquires Four Industrial Assets For $102 Million In Indiana And Ohio

2588 Jannetides Boulevard, 200 Trey Street, 6770 Shook Road & 5000 Anson Boulevard

$102,000,000

$22/SF

Building Size

4,485,624 SF

Asset Type

Industrial

Closing

Feb 16, 2026

AI

Aasif Bade acquired four industrial assets totaling 1,121,406 square feet for $102,000,000. The properties are located at 2588 Jannetides Boulevard, 200 Trey Street, 5000 Anson Boulevard, and 6770 Shook Road, situated in Greenfield, Jeffersonville, Lockbourne, and Whitestown in Indiana and Ohio. The price per square foot is approximately $91.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $102,000,000
  • Buyer: Aasif Bade - Ambrose
  • Seller: Deborah Harmon - Artemis Real Estate Partners & an Italian and specialty foods distributor
  • Market: Greenfield, Jeffersonville, Whitestown, IN & Columbus, OH
  • SF: 1,121,406
  • PPSF: $91

Deborah Harmon represented the seller, Artemis Real Estate Partners and an Italian and specialty foods distributor in the transaction. The acquired assets include tenants such as Wesco, Niagara Bottling, Kroger, and Component Hardware, featuring amenities such as cold storage, Class A offices, rail access, and high clear heights.

Players

Aasif Bade

Ambrose

Buyer

$135.5M

vol

5 deals

Buyer
Deborah Harmon

Deborah Harmon

Artemis Real Estate Partners

Seller

$994.8M

vol

12 deals

Seller

Greenfield Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93