Announcement – 5/29/2025

Darien, CT – CoreOne Industrial, a privately held real estate investment firm specializing in the acquisition, redevelopment, and management of industrial properties across the United States, has announced the acquisition of 8980 East 33rd Street, a 40,000-square-foot industrial facility situated on 3.58 acres in Indianapolis, Indiana.

Strategically located near the I-465/I-70 interchange, the property offers 24-foot clear heights and resides within one of Indianapolis’s most active and accessible industrial corridors.

The building is fully occupied by WorldPac, a leading distributor of automotive replacement parts to independent service professionals. From this location, WorldPac operates a mission-critical last-mile distribution center, providing same-day and next-day delivery of original equipment (“OE”) and aftermarket parts throughout the greater Indianapolis region. The facility’s functionality and location are integral to WorldPac’s just-in-time logistics model and customer service capabilities.

“We are excited to expand our presence in the Midwest with the addition of 8980 East 33rd Street,” said Joe Burton, President of CoreOne Industrial. “The property’s location, tenancy, and operational relevance make it a strong strategic fit for our growing portfolio.”

CoreOne acquired the asset at an attractive basis, enabling the firm to deliver strong, risk-adjusted returns to its investors from day one. The acquisition reflects CoreOne’s disciplined approach to identifying functional, income-producing industrial assets in high-demand logistics markets.

“This transaction is another great example of our team’s ability to source and execute high-quality opportunities in competitive markets,” said Robert DePiero, Managing Partner at CoreOne Industrial. “I’m proud of the team for continuing to grow our portfolio with assets that create long-term value and deliver immediate income to our investors.”

Please contact with any opportunities:

Robert DePiero (201) 739-4529 and Corey Isdaner (917) 242-1899

For more information about this property click here