Marcus & Millichap Inc. has brokered the sale of a 51,989-square-foot industrial property in Indianapolis for $6.68 million. The property, located at 3823 E. Massachusetts Ave., was fully renovated in 2022 and is net-leased to Service Electric Company, a subsidiary of Quanta Services. Featuring 36-foot clear heights, 17 drive-in doors, one dock door, and high-capacity power on a 5.60-acre site, the asset attracted strong investor interest due to its strategic location near downtown Indianapolis and major interstates. Marcus & Millichap represented both the local seller and the out-of-market buyer in the transaction.

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