EXECUTIVE SUMMARY

Cushman & Wakefield’s National Industrial Advisory Group has been retained by Ownership as its exclusive advisor in the sale of 65 Commerce Park Building 6 & 8 (the “Portfolio”), two newly developed, modern logistics facilities located in Whitestown, Indiana.

The Portfolio is located within 65 Commerce Park, a multi-phase industrial development in Whitestown focusing primarily on logistics and distribution users. Located in the Northwest submarket of Indianapolis, the Portfolio benefits from direct access to I-65, which provides easy and quick transport to the Indianapolis International Airport as well as major cities throughout the Midwest.

Totaling 868,105 square feet, the Portfolio is 100% leased to a single tenant – Style Link Logistics LLC – with a SHEIN Distribution Corporation guarantor, and 8.8 years of lease term remaining.

Investors are provided with the opportunity to acquire new, state-of-the-art facilities fully leased for 8.8 years and located in a brand-new industrial park on the Northwest side of Indianapolis. The location boasts a well-developed infrastructure with nearby amenities, modern transportation networks, and direct access to a skilled workforce.

INVESTMENT HIGHLIGHTS

  • Long Term Leases with Largest Fast Fashion Retailer in the U.S.
  • Discount to Replacement Cost
  • Desirable Northwest Submarket Location
  • Brand New Buildings with 10-Year Tax Abatement
  • Premier Business Park Setting with Excellent Access & Amenities

OFFERING AT A GLANCE

Size: 868,105 SF
Building(s): 2
Tenant(s) 1
Leased: 100%
WALT:

8.8 Years

Clear Height: 32' and 36'
Year Built: 2023
Year 1 NOI: $4.7M

CONTACTS

JIM CARPENTER

Vice Chair
+1 312 470 3830
james.carpenter@cushwake.com 

ADAM TYLER

Vice Chair

+1 312 470 1840
adam.tyler@cushwake.com  

MIKE TENTERIS

Vice Chair
+1 312 470 3832
michael.tenteris@cushwake.com 

MEGAN BARKER
Associate

+1 312 424 8202
megan.barker@cushwake.com 

PAT LINDLEY 

Vice Chair

+1 317 639 0457

patrick.lindley@cushwake.com  

 

JEFF ALTENAU
Vice Chair
+1 312 470 2355
jeff.altenau@cushwake.com 

ZACH YARNOFF

Managing Director
+1 312 424 8205
zach.yarnoff@cushwake.com 

CUSHMAN & WAKEFIELD NATIONAL INDUSTRIAL ADVISORY GROUP

CENTRAL

Jim Carpenter

Mike Tenteris

Adam Tyler

Megan Barker

MOUNTAIN WEST

Will Strong

Michael Matchett

Molly Hunt

Dean Wiley

WEST

Jeff Chiate

Rick Ellison

Bryce Aberg

Matthew Leupold

Ashley Tassano

FLORIDA

Mike Davis

Rick Brugge

Rick Colon

Dominic Montazemi

SOUTHWEST

Jim Carpenter

Jud Clements

Robby Rieke

Trevor Berry

NORTHEAST

Gary Gabriel

Gerry Blinebury

Kyle Schmidt

Jon Carpenter

Graham Savage

SOUTHEAST

Stewart Calhoun

Casey Masters

Ryan Bellows

Drew Stanford