**Stos Partners, Cardinal Industrial, and Long Wharf Capital Sell 1.3M-SF Indianapolis Industrial Portfolio**
Stos Partners, Cardinal Industrial, and Long Wharf Capital have announced the successful sale of the Hoosier Infill Industrial Portfolio to an institutional investor.
The portfolio includes 13 established industrial parks encompassing a total of 1.3 million square feet across 38 buildings, all located in the Indianapolis metropolitan area. At the time of sale, the assets were approximately 97% leased to more than 250 tenants.
The portfolio was assembled through two off-market transactions, both acquired from the properties’ original developer. Alex Cantu and Alex Davenport of Colliers represented the seller group—Stos Partners, Cardinal Industrial, and Long Wharf Capital—in the disposition.
“We are pleased with the performance of the Hoosier Infill Industrial Portfolio, which required a targeted modernization effort to address deferred maintenance and align the buildings with today’s user needs,” said Jason Richards, Partner at Stos Partners. “Indianapolis continues to demonstrate strong infill fundamentals, with steady tenant demand and limited functional small-bay supply.”
