INDIANAPOLIS—OVB Indianapolis Industrial, LLC, a joint venture between Biynah Industrial Partners and Olympus Ventures, has just purchased eight modern bulk buildings totaling more than 3.8 million square feet and a 42-acre land site in the Indianapolis area. As reported in GlobeSt.com, in the past few months leasing has started to pick up in this quite robust market, and the joint venture partners have selected Cushman & Wakefield's senior managing director Michael W.M. Weishaar and associate Scott O'Neil to lease the properties.
“The Weishaar | O'Neil Team are consummate professionals and well-respected within the Indianapolis brokerage community,” says Andy Bennett of Biynah, a Minneapolis-based private equity firm. “We have the utmost confidence in their abilities and know that our current and future tenants will find them a great group to work with alongside the new owner.”
The seller was represented by a JLL team that included international director John Huguenard, senior vice president Sean Devaney and vice president Ed Halaburt. The buyer represented itself.
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