Greenstone Partners Brokers $16.5M Sale of Two Industrial Facilities in Portage, Indiana

Greenstone Partners Brokers $16.5M Sale of Two Industrial Facilities in Portage, Indiana

PORTAGE, IND. — Greenstone Partners has brokered the $16.5 million sale of the Addison and Clark buildings, two multi-tenant industrial properties totaling 166,134 square feet in Portage. The transaction represents the highest price per square foot ever achieved for a multi-tenant industrial investment of 50,000 square feet or larger in the Northwest Indiana region, according to CoStar. Located at 6625 and 6675 Daniel Burnham Drive, the shallow …

Greenstone Partners Brokers Sale of Two Indiana Industrial Properties

Greenstone Partners announced the $16.5 million sale of the Addison and Clark buildings, two multi-tenant shallow bay industrial properties totaling 166,134 square feet. Located at 6625 and 6675 Daniel Burnham Drive in Portage, Indiana, the properties sit within the Northwest Indiana submarket of the greater Chicago metropolitan area. Greenstone Partners’ Managing Partner, Jason St. John, represented the seller, a Florida-based private investor,…