Mohr Capital Sells 1.06 Million-SF Mohr Logistics Park Building 6 in Whiteland, Indiana
Colliers has completed the sale of Mohr Logistics Park Building 6, a 1,057,350-square-foot, single-tenant industrial facility in Whiteland, Indiana, the firm announced Sept. 30, 2026. Colliers Institutional Industrial Advisors - Central represented the seller, Mohr Capital, a privately held commercial real estate investment firm based in Dallas.
The building sits within the 475-acre Mohr Logistics Park at 5635 North Graham Road, just south of Indianapolis. It is fully leased through August 2036 to Cummins Inc.
Colliers Institutional Industrial Advisors - Central Represents Mohr Capital
Alex Cantu, Alex Davenport, Jeff Devine, Steve Disse and Tyler Ziebel of Colliers Institutional Industrial Advisors - Central represented Mohr Capital in the transaction. Mohr Capital specializes in the acquisition, development and management of office, industrial, healthcare, hotel and retail properties.
Mohr Capital developed the facility as Building 6 within Mohr Logistics Park, a master-planned industrial development that is expected to total more than 6 million square feet at full buildout. Mohr Capital is retaining ownership of the remaining development, so the sale represents the disposition of one stabilized building within the larger project.
Cantu said the location supports the asset's appeal. "The property's location at the I-65 and Whiteland Road interchange provides immediate access to Indianapolis's primary north-south distribution corridor and key regional transportation networks," he said. "Investors continue to target large-scale industrial assets with long-term tenancy and modern distribution specifications in growing Midwest markets."
Property Features and Cummins Lease
The Whiteland building is leased to Cummins Inc., a global power technology company that designs, manufactures and services engines, power systems and related technologies. The facility has 40-foot clear height, 120 dock doors, four drive-in doors, 652 auto parking spaces, 270 trailer parking spaces and a 140-foot truck court. The building is configured as a cross-dock warehouse and distribution facility.
The property provides access to Cummins' corporate and supply-chain presence throughout Indiana, including its headquarters in Columbus, Indiana. It also offers connectivity to Indianapolis International Airport, home to the world's second-largest FedEx air hub.
Indianapolis Industrial Market Context
The sale comes as Indianapolis industrial fundamentals have been improving. Vacancy stood at 6.0% in the second quarter of 2026, down 470 basis points from a year earlier, according to Cushman & Wakefield. CBRE reported 3.1 million square feet of quarterly absorption and 19 million square feet of occupancy gains over the prior 12 months. Direct asking rents rose from $6.33 to $6.43 per square foot during the quarter, a 1.6% increase.
Another market survey put Indianapolis vacancy at 7.6% in the first quarter of 2026, with asking rents near $7.71 per square foot and 11.5 million square feet of trailing-year absorption. The differing figures reflect variations in methodology, timing and market coverage.
Development activity also remains substantial. About 6.5 million square feet of industrial space was under construction in the second quarter, spanning 19 projects, including 10 build-to-suits and nine speculative buildings. Those projects include a 1.2 million-square-foot speculative building at I-65 Park South Logistics Center in Whiteland and a 1.5 million-square-foot build-to-suit facility in Brownsburg. Nationally, U.S. industrial vacancy was 6.9% in the second quarter of 2026, with net absorption of 62.1 million square feet roughly matched by 62 million square feet of completions.
Outlook
Building 6's occupancy is secured by Cummins through August 2036, which limits near-term lease rollover exposure. Falling vacancy and rising absorption in the Indianapolis market coexist with a sizable construction pipeline that includes speculative projects in Whiteland and elsewhere in the region.