Search
 

300,000-SF Distribution Facility Sells for $9M

PLYMOUTH, IN-A specialty real estate firm based in New York acquires a 300,000-sf distribution facility located equidistant between Chicago and Indianapolis.

By Bonnie Grota | Updated on July 10, 2006

(To read more on the industrial market, click here.)

PLYMOUTH, IN-A distribution facility located at 2935 Van Vactor Way has been acquired by New York-based Lexington Strategic Asset Corp., a specialty real estate company externally advised by a subsidiary of Lexington Corporate Properties. Sales price was approximately $8.9 million.

The distribution facility consists of two single-story warehouse/distribution buildings that are linked by a common walkway and contain an aggregate of approximately 300,500 sf located on an approximate 16.3-acre parcel. The first half of the distribution project was built in 2000, while the rest was completed in 2003.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.