Jackson Industrial Park
- Value: $12,000,000
- Project Type: Redevelopment
- Address: Indianapolis, Indiana
- SF: 300,000 SF
Description
- 300,000 square foot multi-building industrial park located on the east side of Indianapolis.
- The east side submarket has traditionally consisted of the older manufacturing base of Indianapolis. The Jackson portfolio was a combination of various mostly rear-load facilities.
- The redevelopment consisted of a variety of cosmetic and structural improvements with the ultimate goal of improving occupancy and NOI, two metrics closely watched by the public industrial Reit that owned them.
- The improvements were successful as we substantially increased occupancy and desirability of the buildings in the market.