**Denholtz Expands Into Indiana Market With Acquisition of Park Elmwood Industrial Portfolio**
Denholtz, a private investment firm, has acquired Park Elmwood, a shallow-bay industrial park in Indianapolis, marking the company’s first foray into the Indiana market.
The property, located at 5602–5508 Elmwood Avenue, comprises four buildings totaling 133,200 square feet. Built in 1978, Park Elmwood sits on 9.54 acres and features modern industrial specifications, including up to 16-foot clear ceiling heights, a full wet sprinkler system, 44 dock doors, and 47 drive-in doors.
Alex Davenport and Alex Cantu of Colliers International represented the seller in the transaction, while Denholtz was self-represented.
“Indianapolis continues to demonstrate strong fundamentals driven by its central location, deep labor pool, and sustained demand for infill industrial space,” said Paul Paschal, Director of Acquisitions at Denholtz.
Strategically located just off Interstate 465 near Emerson Avenue, Park Elmwood offers direct access to the broader Indianapolis metro area and connectivity to eight major interstate highways. It is less than eight miles from downtown Indianapolis and approximately 15 miles from Indianapolis International Airport.
Industry professionals can hear from thought leaders such as Carter Andrus, Chief Operating Officer of Prologis, who will deliver the keynote interview at the upcoming Connect Industrial Midwest conference. The event takes place Tuesday afternoon, March 10, 2026, at Joe’s Live in Rosemont, Illinois.
