Industrial O Indiana

HSA Commercial closes 55,000-square-foot industrial lease in Indianapolis suburb

  

HSA Commercial Real Estate today closed a long-term lease with global logistics provider Kuehne + Nagel at a new distribution center facility within the Gateway Business Park in Plainfield, Indiana, a southwest suburb of Indianapolis.

Kuehne + Nagel, a Switzerland-based global logistics service provider with more than 1,000 offices and distribution centers worldwide, already leases 160,230 square feet in a separate building at Gateway Business Park and will lease an additional 55,500 square feet at 845 S. Columbia Road.

Construction was completed in early July on the new 151,220-square-foot distribution center—called Gateway Industrial IV—which is the fifth and final building developed by HSA Commercial in partnership with Boston-based Washington Capital Management at the 40-acre Gateway Business Park.

Gateway Industrial IV features 30-foot clear heights, 16 expandable truck docks, four drive-in doors and parking for 156 vehicles. Located just west of the Indianapolis International Airport, the development is uniquely designed to accommodate users as small as 25,000 square feet.

Terry Busch and John Hanley with CBRE represent HSA Commercial, while Mark Writt with CBRE and Daniel Rose with Real Estate Advisory Partners represented Kuehne + Nagel.