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CBRE closes sale of 34,000-square-foot industrial facility in Indianapolis
CBRE facilitated the sale of 5150 Elmwood Ave. in Indianapolis, a 34,000-square-foot industrial facility in south Indianapolis to a private, high-net-worth buyer from California at a 5.8% cap rate. Cinderella, a wholesale distributor of pool supply products, leases the entire property. CBRE Investment Properties’ Kevin Foley, Austin Wolitarsky and Anthony...
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