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Avison Young arranges $1.5M purchase of outdoor storage facility in Indianapolis, IN

Indianapolis, IN – Global commercial real estate advisor Avison Young has arranged the $1.5 million purchase of an industrial property at 2460 N Arlington Avenue in Indianapolis, IN on behalf of buyer Capitol City Fence Company (CCFC). The 20,970-square-foot (sf) building will reconsolidate operations for CCFC after their previous space at 920 E. Ohio Street in Indianapolis, IN was destroyed in an electrical fire in January 2025. The company has since been operating out of three different locations and will now start operating from the new location, with full occupancy expected September 2025.
CCFC was represented by Avison Young’s Peter Seoane, Vice President. The seller, P7 Property LLC, was represented by Nick Spegal of Re/Max Realty Group.
“Capitol City Fence Company benefits by securing scarce industrial outdoor storage property, without having to invest a premium. By capitalizing on a neighbor recommendation to pursue this off market property, CCFC conservatively saved 6-12 months in the property search for the right sized property, building(s) and zoning,” said Seoane.
The transaction allows CCFC to double their footprint on the 3.12-acre site, reduce the number of occupied industrial/office locations, and incorporate all parking needs into one property. In addition, the property allows for an extra 7,000-sf of warehouse space under roof and an extra acre of adjacent land for additional parking and outdoor storage, increasing efficiency.
“We consider this a huge win for our operations – moving into a better property helps us maintain business continuity. We have strong connections to Central Indiana and are glad to find a new home for our continued growth,” said John Roop, Owner, CCFC. “We are excited to continue our partnership with Avison Young in the area, as well as finding new owners/tenants for our prior property!”
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Media contact:
- Nathan Reyna, Regional Media Relations & Content Specialist, Central Region: +1.972.533.1396