Matthews Brokers $9.5M Sale Of 18-Acre Goodwill Distribution Facility In Greenwood Indiana

The property asset involved in this transaction is an 18-acre industrial facility located at 927 North Emerson Avenue in Greenwood, Indiana. The sale price of this asset was $9,500,000. The property encompasses a total square footage of 125,000 and has a price per square foot (PPSF) of $76.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $9,500,000
• Address: 927 North Emerson Avenue
• Market: Greenwood, IN
• Acres: 18
• Square Footage: 125,000
• Price per Square Foot: $76
• Brokers: Alexander Harrold & Brett Davis - Matthews

This transaction marks the highest-priced industrial sale in the Johnson County submarket over the past year. The property was leased to Goodwill Industries of Central Indiana and was sold to a 1031 exchange buyer, with Matthews’ Alexander Harrold and Brett Davis representing both the seller and the buyer in this deal.