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6040 Commerce Drive
SOLD

Libitzky Property Companies Acquires Industrial Property In Whitestown, IN For $28.4M

6040 Commerce Drive

Industrial
319,336 SF
clock iconSold 138 days ago
Kevin Foley
Andrew Morris
Anthony DeLorenzo
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Summary

Sale
INDIANA
Industrial
319,336 sqft

An industrial property located at 6040 Commerce Drive in Whitestown, IN has been sold for a total price of $28,375,000. The property spans across 319,336 square feet, resulting in a price per square foot of $89. The transaction took place on 12/14/2023.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $28,375,000
  • Square Feet: 319,336
  • Price Per Square Foot: $89
  • Address: 6040 Commerce Drive, Whitestown, IN
  • Market: Whitestown, IN

The buyer of the industrial property is Libitzky Property Companies, while the seller is Geoffrey Lord. The deal was facilitated by brokers Kevin Foley, Anthony DeLorenzo, and Andrew Morris, representing CBRE. Notably, the property was sold for the full amount in an all-cash transaction. The buyer is a private individual with a high net worth from California.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Kevin Foley's profile picture
Kevin Foley
CBRE-image
Senior Associate
$252M Sold

Details

Deal Summary
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SOLD
IMAGE: Kevin Foley, Anthony DeLorenzo, Andrew Morris DATE: 12/14/2023 ADDRESS: 6040 Commerce Drive MARKET: Whitestown, IN ASSET TYPE: Industrial BUYER: Libitzky Property Companies SELLER: Geoffrey Lord BROKERS: Kevin Foley (@KPFoley), Anthony DeLorenzo (@AnthonyDelorenzo) & Andrew Morris - CBRE (@CBRE) SALE PRICE: $28,375,000 SF: 319,336 ~ PPSF: $89 NOTE FROM BROKER: CBRE Sold Industrial Property for $28.4M.4 (All Cash) at a 5.6% Cap Rate to a private, high-net-worth buyer, from California.

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Address6040 Commerce Drive

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