11 Sep New Miller Investment Fund Property in Bargersville Indiana
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Miller Diversified is thrilled to announce a new acquisition for the Miller Investment Fund: a 20,530-square-foot industrial campus located just south of downtown Indianapolis in Bargersville, Indiana. This property includes both a fabrication warehouse and a storage facility, supporting active manufacturing operations.
The acquisition reflects the continued momentum of the Miller Investment Fund, an open-ended commercial real estate investment vehicle designed to yield steady, resilient returns to investors. The Fund allows accredited investors to contribute capital or real estate in exchange for units, with each property carefully vetted and selected to offer dependable cash flow and growth potential.
“We’re excited to welcome this Bargersville industrial property into the Miller Investment Fund portfolio,” said Jerry Miller, Fund Principal and Vice President of Miller Diversified. “It’s a well-managed building in a growing area south of downtown Indianapolis, and we’re proud and excited to expand into the state of Indiana to continue to diversify our portfolio.”
Miller Diversified has maintained a strong presence in Indiana, with an established Indianapolis office and a team actively engaged in recent projects throughout the area. As a recognized leader in commercial real estate and construction across the Midwest, the company continues to expand its holdings in Indiana, Ohio, and Michigan.
About This Addition
“This acquisition represents our strategic initiative to diversify our regional footprint,” said Miller Diversified Director of Business Development Chris Murphy. “We hope to continue to find key assets in the Indianapolis MSA.”
The Miller Investment Fund is growing rapidly, reinforcing Miller Diversified’s position as a trusted regional force in real estate. The Bargersville property is fully leased to a highly reputable tenant, Customized Mechanical Solutions (CMS Mechanical), further enhancing the value of the acquisition.
“This property brings value through its strategic location and modern facilities but also through the quality tenant, CMS Mechanical,” Jerry said. “Their established track record and diverse client base strengthen the Fund’s stability and growth potential. It’s a solid move for our investors and a great addition to our growing portfolio.”
CMS Mechanical, established in 1996, specializes in the installation of petroleum, oil, and lubricant (POL) systems for commercial and industrial clients. They also design and install mid-to-large-scale HVAC systems and process piping. CMS is especially known for its aviation fuel system work, serving clients such as FedEx and the U.S. military. Alongside its parent company, CMS has completed fuel-related infrastructure projects at over 100 military installations worldwide, totaling nearly $400 million in value.
Every property added to the Miller Investment Fund undergoes a rigorous evaluation to ensure alignment with the Fund’s long-term goals and investor expectations.
“The Bargersville property offered a great, stable investment opportunity,” Jerry said, “and the Miller Investment Fund made the determination that it would make a quality addition to the portfolio.”
Expanding Into the Central Indiana Area
Nestled in Johnson County, Bargersville sits at the heart of central Indiana—perfectly positioned between Indianapolis, Bloomington, and Columbus. One of the fastest-growing towns in the state, Bargersville has seen a 15% population increase over the past five years. As northern suburbs like Fishers become more crowded, many longtime Indianapolis residents are setting their sights on the scenic southern corridor, where communities like Bargersville are experiencing a surge in growth and opportunity.
“Central Indiana is experiencing impressive growth, and towns like Bargersville are leading that momentum,” said Miller Diversified President & Fund Principal Kurt Miller. “Expanding our investment footprint here aligns with our commitment to identifying promising markets and dynamic communities. The area’s rapid population growth and central location present significant opportunities for long-term value and strong tenant demand. We look forward to being part of Bargersville’s ongoing success story.”
The Miller Diversified team is energized by the momentum in the area and looks forward to future opportunities.
Special Thanks To Our Collaborators
“This acquisition wouldn’t have been possible without the collaborative efforts of our incredible team and community partners,” said Jerry Miller. He wanted to extend special thanks to Chris Murphy??? of Miller Diversified for his dedication to finding and championing this opportunity.
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About The Miller Investment Fund
The Miller Investment Fund owns a diverse portfolio of investment properties. This open-ended real estate investment Fund allows investors to contribute either capital or buildings in exchange for units. The Miller Investment Fund is focused on continued steady growth, seeking qualified investors and adding properties across the expanded Midwest. For more information about the Fund, visit millerinvestmentfund.com or contact Tim Konieczny, President, at tkonieczny@millerdiversified.com.
ABOUT MILLER DIVERSIFIED
Miller Diversified is a family-owned company in Maumee, OH that offers real estate development, construction, brokerage, property management, and a real estate investment fund. The company has been in business for over 100 years and has a strong commitment to providing the greatest possible outcomes for clients and customers. For more information about Miller Diversified, visit millerdiversified.com.