Thank you for visiting our site! We noticed you are using a browser we no longer support. To have the best overall experience and avoid issues navigating the site, please click one of the supported browsers to the right to download the latest version for free:
News
December 18, 2018
Chicago-based Dayton Street Partners has acquired a 142,000-square-foot industrial building in Indianapolis, IN. Pricing and seller were not disclosed.
Built in 1991 and strategically located near Indianapolis International Airport and downtown Indianapolis, 2513-2515 So. Holt Rd. recently underwent a $1.5 million renovation. The building is fully-leased to Covanta Holding Corporation, which houses its non-hazardous liquid treatment business on-site.
“This transaction represents Dayton Street’s first strategic acquisition in Indianapolis,” said DSP managing principal Howard Wedren. “It falls in line with our niche of acquiring value-add, high-barrier to entry institutional quality assets.”
Josh Joseph, Matt Tarshis and Andrew Rubin of Frontline Real Estate Partners represented the seller in the transaction.