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Sapphire Investment Group Sells Fully Leased Industrial Building for $7.3 Million

West Coast Investor Buys Class A Manufacturing Facility in Indianapolis
The Class A, single-tenant manufacturing facility leased to EnerDel in Indianapolis. Photo: Stan Johnson Co.
The Class A, single-tenant manufacturing facility leased to EnerDel in Indianapolis. Photo: Stan Johnson Co.
By Vida Gintvainis
CoStar Research
June 10, 2019 | 8:44 P.M.

Lakewood, New Jersey-based Sapphire Investment Group sold a Class A manufacturing facility in Indianapolis to a West Coast-based investor for $7.3 million, or about $76 per square foot.

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