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Sales of Two Park 100 Industrial facilities closed by Colliers International

Park 100 Bldgs 614 and 133

Colliers International has closed the sales of two single tenant net leased industrial facilities in Park 100, on the northwest side of Indianapolis, the market’s largest industrial park. Park 100 Building 133 is located at 5251 E 81st Street and Park 100 Building 641 is located at 6061 Guion Road.

Alex Cantu and Alex Davenport, with Colliers International of Indianapolis, facilitated both transactions on behalf of the seller, Shear Property Group. Tower Investments, LLC, an investment manager based out of Woodland California, purchased the assets. Thomas Willey, of Reliant Partners, represented the buyer.

Park 100 Building 641 is an 87,064-square foot CSX rail served manufacturing and distribution facility. The property is 100% leased to Mauser Packaging Solutions, a long-term occupier of the facility. Park 100 Building 133 is a 20,530-square foot warehouse facility which is 100% leased to Iron Mountain Information Management. Park 100 is a 19 million square foot industrial park offering near immediate access to the city’s I-465 loop.

Tower Investments, LLC owns and self-manages a diverse portfolio of real estate and debt instruments secured by real estate throughout the United States. Tower’s national portfolio consists of commercial and retail buildings, office and flex space buildings, event venue and restaurant buildings, commercial manufacturing and distribution buildings, hotels, parking garages, residential subdivisions and ranches.


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Alex Cantu

Executive Vice President

Indianapolis

As leader of the Indianapolis Capital Markets and Investment team, Alex specializes in the disposition and acquisition of single-user and multi-tenant investment properties on behalf of institutional and private capital clients. Alex has been involved with transactions throughout the Midwest with a primary focus on the Indianapolis market. He has exclusively represented sellers of office, retail, and industrial product, as well as advised select investors on acquisitions. With his thorough knowledge of the investment markets and extensive background in asset and market analysis, Alex provides disposition expertise in pricing, market penetration, and targeting active buyers. 

Alex is a 4-time recipient within the coveted Colliers Everest Club – recognizing the top 10% of brokers, production-wise, across the entire U.S. 

Over the past 24 months, the Indianapolis Capital Markets Team has executed on $1 Billion in transactional volume.  Previously, Alex was part of the office landlord advisory group for NAI Olympia Partners. His extensive work with landlords and prospective tenants has given him an in-depth understanding of marketing, leasing, and driving value for his clients’ investments.
 

Team Website:  IndyCapitalMarkets.com

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Alex Davenport

Senior Vice President

Indianapolis

Alex Davenport specializes in capital markets advisory services and the acquisition and disposition of investment properties. On the firm’s Capital Markets team, Alex works with Alex Cantu to service private and institutional real estate investors in Indianapolis and the greater Midwest region. Since joining in 2016, he has been involved in executing over $1.50 billion in transaction volume encompassing over 20 million square feet of industrial, office and retail product throughout the Midwest. 

Alex is a graduate of Indiana University and holds a bachelor’s degree in Economics with a minor in Entrepreneurship & Small Business Management from IU’s Kelley School of Business.  At IU, he was active in his fraternity, Sigma Chi, coordinating special events and philanthropic activities – driving these events gave Alex beneficial insight and an appreciation of the critical start-to-finish details required for a successful outcome.

Alex lives a very active lifestyle – weightlifting, running, cooking and traveling.

Team Website:  IndyCapitalMarkets.com

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