In the third quarter of 2019, CenterSquare Value-Added Fund IV and its joint venture partner Sansone Group acquired 7520 Park 100 on July 17, 2019 via an off-market transaction. The vacant building was initially going to be included in a larger, multi-market portfolio offering of leased warehouses, but the Partnership was able to preempt the portfoliooffering to acquire the Property. 7520 Park 100 is a 424,849 SF highly-functional warehouse building located in the Park 100 submarket of Indianapolis, Indiana. The Park 100 submarket is the premier infill submarket of Indianapolis located along I-65 and I-465, the metro’s largest transportation routes.
