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
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