MLG Capital Acquires 954,072 Square Foot Industrial Portfolio From EQT In Indianapolis

The transaction involved a six-building industrial portfolio comprising a total of 954,072 square feet located in the Indianapolis, Fishers & Plainfield, IN market. The portfolio was 90% leased to 10 tenants at the time of closing, with a 4.6-year weighted average lease term. Four properties within the portfolio are situated in Indianapolis' Park 100 industrial park.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Buyer: MLG Capital
• Seller: EQT
• Brokers: Alex Cantu, Alex Davenport, Jeff Devines, Steve Disse, Tyler Ziebel, Jason Speckman, Jimmy Cohoat & Andrea Hopper - Colliers

Colliers was the negotiating party representing the sale, facilitating the transfer of assets from EQT to MLG Capital. The portfolio represented a significant investment opportunity, highlighting the ongoing demand for industrial space in the Indianapolis metro area.