Colliers International Secures 102 KSF Indianapolis Asset

The four and six buildings of the Corporate Center North feature a total of 101,727 square feet, leased 75 percent to Stericycle. The acquisition marks Tower Investments’ sixth purchase in Central Indiana.

Corporate Center North Buildings four and six
Corporate Center North Buildings four and six

Colliers International has secured the sale of Corporate Center North Buildings four and six, a 101,727-square-foot industrial building located in Indianapolis’ Northwest submarket. Head of Investment Sales Alex Cantu secured the sale of the property on behalf of Building 4 LLC and Building 6 LLC. California-based firm, Tower Investments acquired the asset.

Located at 6026 N. Lakeside Blvd., across from Park 100, the buildings offer convenient access to Interstate 465, Indianapolis’ main highway thoroughfare and to downtown Indianapolis and the suburbs of Brownsburg, Avon, Plainfield, Zionsville, Carmel and Fishers.

Leasing history 

The property is 100 percent leased to four high-quality tenants, of which 75 percent is leased to Stericycle for more than nine years. The acquisition marks Tower Investments’ sixth purchase in Central Indiana. Back in May, Colliers secured the sale of Mansell Commons Business Park, a 223,251-square-foot mixed-use property in Alpharetta, Ga.

Image courtesy of Cushman & Wakefield