Walmart has selected Browning/Duke Realty, a joint venture partnership between two of Indianapolis’ largest commercial real estate companies, to develop its new e-commerce warehouse and distribution center. Scheduled for delivery later this year, the 1.2 million-square-foot, state-of-the-art industrial building is being built to Walmart’s specifications on a 64-acre site in AllPoints Midwest, a bulk industrial campus in Plainfield being developed by the two companies.
“We are pleased to be able to meet Walmart’s need for a first-class, built-to-suit facility in a readily accessible location in an accelerated timeline,” said Charlie Podell, Senior Vice President of Duke Realty’s Indiana operations. “Early last year we elected to do preliminary work on the site and construct a speculative building pad in preparation for a client with an aggressive timeline. By having this pad already in place, we are well-positioned to meet Walmart’s construction schedule for a completed distribution center before year-end 2014.”
“Our ability to respond quickly with a build-to-suit facility coupled with the attributes of AllPoints Midwest were key factors in Walmart’s decision to select Browning/Duke Realty for this important new facility,” said John Hirschman, President and CEO of Browning. “We look forward to having Walmart join the other companies that have chosen AllPoints Midwest for their operations and are enjoying its logistical advantages.”
Located off I-70 at Ronald Reagan Parkway, AllPoints Midwest provides convenient access to the highway as well as to other transportation options, including air freight through Indianapolis International Airport and rail service through CSX Railroad’s Avon intermodal yard. With 958 acres for the development of more than 13.5 million square feet of space, AllPoints Midwest is one of the largest modern bulk distribution parks in the Indianapolis area.
The building, which will be known as AllPoints Midwest 3, will incorporate modern bulk warehouse features including 40′ clear height; 8,000-amp electrical service; 55′ x 53′ bay spacing with 55′ x 60′ spacing at the staging bays; and LED high-bay warehouse light fixtures. The 650′ x 1,760′ building, which is expandable by more than 200,000 square feet, also will include 16,500 square feet of office space, 100 – 9′ x 10′ dock doors and one 12′ x 14′ drive-in door.
Walmart was represented by Brian Seitz and Kris Bjorson with Jones Lang LaSalle in the transaction. Mark Susemichel, Senior Vice President of Development and John Cohoat, Director of Real Estate Development with Browning and Mark Hosfeld, Vice President of Leasing, and Kate Ems, Senior Leasing Representative with Duke Realty represented ownership.