#indianapolisarea

New Indianapolis-Area Industrial Facility Fetches $43M

Westpoint II. Image courtesy of JLL Capital Markets Ambrose Property Group LLC has just pocketed $43 million on the sale of Westpoint II, its newly developed industrial facility in Mooresville, Ind. With the assistance of JLL Capital Markets, Ambrose sold the 507,600-square-foot Indianapolis-area asset to Cambridge Holdings. “The investment received double digit offers, showing how in demand…