Wafra Acquires Industrial Portfolio in Brownsburg, Indiana
Wafra Inc., an alternative investment firm based in New York, has acquired the Brownsburg Logistics Park Portfolio. The portfolio consists of three Class-A industrial buildings totaling 899,080 square feet located in Brownsburg, Indiana. These assets were previously owned by a joint venture between Scannell Properties and Manulife Investment Management. Completed recently in 2022 and 2023, the properties are occupied by seven tenants across various industries. The portfolio offers direct access to Interstate 74 and is situated about 12 miles from Indianapolis International Airport. The acquisition aligns with Wafra's strategy of expanding its logistics holdings as demand in the Indianapolis industrial market continues to grow. CBRE research noted that the region experienced a net absorption of 4.9 million square feet during Q1 2026, highlighting strong tenant interest. Wafra manages approximately $30 billion across real estate and infrastructure investments globally.
Topics: industrial real estate logistics portfolio real estate acquisition