Sansone Group sells 424,000-square-foot industrial facility in Indianapolis
February 01, 2021…

DECEMBER 29, 2020

St. Louis-based Sansone Group closed the sale of its Indianapolis property with the help of joint-venture partners Centersquare Investment Management and Conrad Jacobs and Matt Kiger of Newmark.

The team acquired and fully leased a 100 percent vacant industrial 424,849-square-foot facility in the Northwest Indianapolis submarket at 7520 Georgetown Road in Indianapolis. Upon acquisition, the group implemented a marketing blitz to attract tenants and landed major long-term tenants Blue Marble Productions (181,835 square feet) and DXL (243,014 square feet).

The property sale transaction was closed on Dec. 9.

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