Greenspring Realty Partners Acquires 16,000 Square Foot Industrial Property In Indianapolis For $2.1M

The property asset involved in this transaction is a single-tenant industrial property located at 7770 West New York Street, Indianapolis, IN. The transaction took place on June 17, 2026, with a sale price of $2,100,000. The industrial asset encompasses 16,000 square feet and sits on 2.20 acres.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,100,000
• Square Footage: 16,000
• Address: 7770 West New York Street
• Market: Indianapolis, IN
• Price Per Square Foot: $131
• Buyer: Greenspring Realty Partners
• Brokers: Gus Poulos & Forest Bender - Marcus & Millichap

Marcus & Millichap facilitated this transaction, showcasing their role in brokering the sale of the fully occupied asset, which is currently leased to Terracon Consultants. The deal reflects the ongoing demand for industrial properties in the Indianapolis area, particularly those in favorable locations such as nearby the airport.