facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Indiana

/

Industrial

/

Sale

/

45 Mission Road

DHL Supply Chain Acquires Industrial Building In Whiteland, Indiana For $70.7M
SOLDIndustrial

DHL Supply Chain Acquires Industrial Building In Whiteland, Indiana For $70.7M

45 Mission Road

$70,700,000

$72/SF

Building Size

979,649 SF

Asset Type

Industrial

Closing

Mar 13, 2023

AI

The industrial property located at 45 Mission Road Building 5 in Whiteland, Indiana has been sold in a transaction on March 31, 2023. The property spans a total area of 979,649 square feet and was sold for a price of $70,700,000, resulting in a price per square foot of $72.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $70,700,000
  • Address: 45 Mission Road Building 5, Whiteland, Indiana
  • Market: Whiteland, Indiana

DHL Supply Chain acquired the property from Jones Development Co. represented by Kevin Jones. The brokers involved in the transaction were Sean McHale and Peter Seoane from Avison Young.

Players

Sean McHale

Avison Young

Broker

$70.7M

vol

1 deal

Broker
DC
DHL Supply ChainBuyer
JD
Jones DevelopmentSeller

Whiteland Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93