JLL Capital Markets has announced the sale of Park 74 Commerce Center, a two-building class A industrial portfolio totaling 826,687 square feet in Brownsburg, Ind., within the Indianapolis metropolitan statistical area. JLL represented the seller Brennan Investment Group and RGA ReCap (ReCap Real Estate Investments), on behalf of Reinsurance Group of America (RGA), in the transaction.
The distribution complex consists of a 580,884-square-foot cross-dock facility and a 245,803-square-foot rear-load building, both constructed in 2024 with modern logistics specifications including 40-foot and 32-foot clear heights, respectively, 84 dock doors, ample trailer parking and connectivity to the CSX railway via an active rail spur.
The properties are 100 percent leased to three tenants representing abrasives manufacturing, electric motors and flexible film production. The buildings feature concrete tilt-wall construction, ESFR fire protection systems, LED lighting with motion se
