TradeLane Properties Acquires New 584,820 Square Foot Class-A Industrial Building in Greenwood, IN
West Chester, OH – TradeLane Properties, a privately held Industrial real estate company, has purchased 1175 Collins Road, a 584,820 SF cross-docked logistics facility situated on 33.53 acres adjacent to I-65 in the Johnson County (South) submarket of Indianapolis, IN.
Constructed in 2022, this free-standing industrial building features 64 dock high doors (expandable), a 40’ clear height, four drive-in-doors, 130’-185’ truck court depth, 171 auto stalls (expandable) and 71 trailer parking stalls (expandable).
Purchased within the TradeLane Properties U.S. Industrial Fund II, a value-add investment fund focused on key Central U.S. logistics markets, the property was acquired fully occupied with short-term tenancy in place.
TradeLane Properties would like to thank Alex Cantu and the Colliers team for their assistance with this transaction.
The acquisition of TLP 1175 Collins is consistent with TradeLane Properties’ strategy of investing in select major Central U.S. logistics markets with the opportunity to add value through dedicated in-house capabilities including Accounting, Construction, and Property Management teams.
About TradeLane Properties
TradeLane Properties is a privately held industrial real estate company committed to harnessing its founders’ expertise in acquiring, developing, redeveloping, and operating industrial real estate facilities focused on the Central U.S. markets of Chicago, Cincinnati, Columbus, Indianapolis, Louisville, Dallas-Fort Worth and San Antonio. For more information, visit www.tradelaneproperties.com or call Kari Lavezzi at (630) 320-5501.