SOLD
Transition Properties LP Acquires Industrial Property In Greenfield, IN For $13.4M
4308 West 300 North
Industrial
120,336 SF
120,336 SF
Sold 199 days ago
Summary
Sale
INDIANA
Industrial
120,336 sqft
The industrial property located at 4308 West 300 N Greenfield, IN 46140 in the Mount Comfort - East Submarket of Indianapolis, IN has been sold. The transaction was facilitated by CBRE brokers Kevin Foley, Anthony DeLorenzo, and Jared Scaringe. The property spans across 120,336 square feet and was sold for a price of $13,400,000, resulting in a price per square foot of $111.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $13,400,000
- Square Footage: 120,336
- Price Per Square Foot: $111
- Address: 4308 West 300 N Greenfield, IN 46140
- Market: Mount Comfort - East Submarket of Indianapolis, IN
The buyer of the property is Transition Properties LP, represented by Art Day. The seller of the property is Ambrose Property Group. This private California buyer closed the transaction within 31 days as part of a 1031 Exchange. The cap rate for this deal was 5.46%.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Kevin Foley, Anthony DeLorenzo & Jared Scaringe
DATE: 09/01/2023
ADDRESS: 4308 West 300 N Greenfield, IN 46140
MARKET: Mount Comfort - East Submarket of Indianapolis, IN
ASSET TYPE: Industrial
BUYER: Transition Properties LP - Art Day
SELLER: Ambrose Property Group (@AmbrosePG)
BROKERS: Kevin Foley (@KPFoley), Anthony DeLorenzo (@AnthonyDelorenzo) & Jared Scaringe - CBRE (@CBRE)
SALE PRICE: $13,400,000
SF: 120,336 ~ PPSF: $111
NOTE FROM BROKER: This private California buyer was in a 1031 Exchange and closed this transaction in 31 days. The cap rate was 5.46%.View on map
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Address4308 West 300 North
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