JLL has arranged the sale of Park 74 Commerce Center, a recently developed, two-building industrial portfolio totaling 826,687 square feet in Brownsburg, Indiana, within the Indianapolis metropolitan statistical area. The modern distribution complex sits at 9600 and 9822 East 400 North and offers direct connectivity to Interstate 74 via Ronald Reagan Parkway, linking users to the broader Indianapolis region and the central Midwest highway network.
The portfolio comprises a 580,884-square-foot cross-dock facility and a 245,803-square-foot rear-load building, both completed in 2024. Each building was designed with contemporary logistics specifications suited to distribution and light manufacturing operations. According to JLL, the properties are fully stabilized at 100% occupancy.
The tenant roster at Park 74 Commerce Center consists of three occupants engaged in abrasives manufacturing, electric motor production and flexible film production. By concentrating industrial users across multiple manufacturing-related industries, the park serves a range of supply chain and production requirements while leveraging the site’s regional transportation access. The fully leased status underscores the current utilization of the facilities by these manufacturing and production tenants.
JLL represented the sellers, Brennan Investment Group and RGA ReCap Incorporated, which acted on behalf of Reinsurance Group of America, Incorporated, in the disposition of the portfolio. The representation was handled by JLL’s Capital Markets team, which oversaw marketing and negotiations for the sale of the two-building industrial park.
The JLL Capital Markets team was led by Senior Managing Director Sean Devaney, Managing Directors Kurt Sarbaugh and Ed Halaburt, Senior Director Ross Bratcher, Associate Cameron Chandra and Analyst Luke Davis. Executive Managing Directors Brian Buschuk and Brian Seitz contributed local market expertise from JLL’s Indianapolis brokerage office, supporting the capital markets effort with on-the-ground insight into tenant demand and industrial trends in the Indianapolis area.
Park 74 Commerce Center’s location along Interstate 74 positions the assets to serve both local and regional distribution needs across the central Midwest. Immediate access to Ronald Reagan Parkway provides connectivity between the park and the interstate system, helping tenants move goods efficiently throughout the greater Indianapolis region as well as to nearby population centers. The combination of new construction, modern logistics design and full building occupancy distinguishes the portfolio within the Brownsburg industrial submarket.
The transaction highlights continuing investment activity in institutional-grade industrial facilities in the Indianapolis metropolitan area. With recently constructed buildings and a fully leased rent roll comprising established manufacturing and production tenants, Park 74 Commerce Center represents a large-format industrial portfolio catering to logistics and manufacturing occupiers that require modern specifications and direct interstate access.
