Browning/Duke Realty, a joint venture between the two Indianapolis-based commercial real estate developers, will build a new 936,510-square-foot building in AllPoints Midwest, its industrial development southwest of Indianapolis just off Interstate-70 near Indianapolis International Airport in Plainfield, Ind.
The building, which will be known as AllPoints Midwest Building 6, will be the only facility in the greater Indianapolis metro market that can offer more than 770,000 square feet of contiguous space.
“Interest in AllPoints Midwest in the past 18 months has been strong with three companies, including Walmart, choosing our development park for build-to-suit warehouses,” said Charlie Podell, senior vice president of Duke Realty’s Indiana operations. “Numerous companies, however, need warehouse/distribution space quickly and can’t wait nine to 12 months for a build- to-suit facility. This new speculative building will allow us to offer move-in ready, first-class space for clients’ with immediate needs.”
AllPoints Midwest 6 is being built on 63.09 acres just off Ronald Reagan Parkway and Bradford Road, immediately adjacent to a 1.2 million-square-foot facility occupied by Prime Distribution Services. The precast concrete building will include 36-foot clear height, a TPO energy-efficient roofing system, up to 1,300 car parking spaces, up to 394 trailer staging spaces and up to 200 potential docks.
AllPoints Midwest, which is being jointly developed by Browning and Duke Realty, includes 958 acres that will support about 13.6 million square feet of space. To-date, Browning/Duke Realty has developed five buildings, including two that are currently under construction, totaling about 3.8 million square feet, all of which are 100-percent occupied. In addition to Walmart, which will occupy a 1.2 million-square-foot distribution building before year-end 2014, and Prime Distribution Services, other companies in the park include Regal in a 376,000-square-foot, built-to-suit facility and Ingram Micro in 534,000 square feet of space. A 613,872-square-foot, build-to-suit distribution center for a nationwide consumer products company also is under development in the park.