Press Releases
Marcus & Millichap Arranges $6.68M Sale of Industrial Property in Indianapolis
January 02, 2026
INDIANAPOLIS, Dec. 29, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 51,989-square-foot, single-tenant industrial property in Indianapolis, Indiana, for $6,675,000.
“This transaction reflects continued investor demand for high-quality industrial assets in core infill locations,” said Gus Poulos, associate director investments. “With its recent renovation, strong tenant credit and strategic location near downtown and major interstates, this property aligns perfectly with the needs of today’s industrial investors in a market that is only getting stronger.”
Gus Poulos, Forest Bender and Joseph DiSalvo, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the local seller and out of market buyer.
Located at 3823 E. Massachusetts Ave., the property was fully renovated in 2022 and is net-leased to Service Electric Company, a subsidiary of Quanta Services. The 5.60-acre site includes 36-foot clear heights, 17 drive-in doors, one dock door and high-capacity power. The property is minutes from downtown Indianapolis with access to major interstates.
“This transaction reflects continued investor demand for high-quality industrial assets in core infill locations,” said Gus Poulos, associate director investments. “With its recent renovation, strong tenant credit and strategic location near downtown and major interstates, this property aligns perfectly with the needs of today’s industrial investors in a market that is only getting stronger.”
Gus Poulos, Forest Bender and Joseph DiSalvo, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the local seller and out of market buyer.
Located at 3823 E. Massachusetts Ave., the property was fully renovated in 2022 and is net-leased to Service Electric Company, a subsidiary of Quanta Services. The 5.60-acre site includes 36-foot clear heights, 17 drive-in doors, one dock door and high-capacity power. The property is minutes from downtown Indianapolis with access to major interstates.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
