The Missner Group and Wylie Capital Acquire 843,531 SF Industrial Real Estate Portfolio in Indiana
The Missner Group and Wylie Capital have completed a real estate acquisition totaling 843,531 square feet of industrial and warehouse real estate across Northwest Indiana and the Indianapolis market, the firms announced May 20, 2026. The transaction nearly doubles The Missner Group's industrial portfolio from approximately 1.2 million square feet to more than 2 million square feet.
Portfolio Overview: Two Indiana Industrial Markets
The acquisition comprises two distinct assets. The first is a two-building, 540,986-square-foot industrial portfolio located at 9401 and 9602 Georgia Street in Merrillville, Indiana. Built in 2021 and 2022, the Merrillville properties are 100% leased to four tenants. Situated roughly 40 miles from downtown Chicago, the portfolio offers direct access to Interstate 65, I-80/I-94, and I-90, placing it within one of the Midwest's most active distribution corridors.
The second asset is a 302,545-square-foot Class A logistics facility at 65 Commerce Park in Whitestown, Indiana, completed in 2023 and also fully leased. The Whitestown property is located less than 25 minutes from Indianapolis International Airport — home to the second-largest FedEx hub in the world — and features 32-foot clear heights, ESFR sprinklers, LED warehouse lighting, 30 dock doors, trailer parking, and multi-tenant flexibility.
Strategic Rationale: Expanding Footprint in Midwest Distribution Markets
"These acquisitions mark the continued growth of The Missner Group's core-plus strategy, expanding our footprint in markets with demonstrated distribution fundamentals," said Maxx Kossoff, Vice President of Development & Acquisitions at The Missner Group. "We continue to see a significant migration of tenants into Indiana, drawn by the state's business-friendly climate. This diversity of tenancy, combined with an attractive basis and new construction specifications, provides a balanced, risk-adjusted return profile as we scale our portfolio in the region."
The transaction advances The Missner Group's focus on strategically located logistics and distribution assets in high-demand Midwest submarkets.
About the Firms
Established in 1945, The Missner Group provides real estate investment, development, acquisition, and construction services throughout the Midwest. The firm has completed more than $3 billion in construction and over 25 million square feet of development across its history.
Wylie Capital is a real estate investment and development company focused on the acquisition of existing buildings and land for commercial and residential development. The firm currently owns and operates more than 2.0 million square feet of commercial space and maintains a development pipeline of approximately 9.0 million square feet of industrial and residential projects across the Midwest and Sunbelt.
Financial terms of the transaction were not disclosed.