Construction has begun on a 220,000-square-foot speculative industrial building being developed by HSA Commercial Real Estate and Great Point Investors LLC in the Gateway Business Park in Plainfield, Ind.
The building, located on 13 acres, will feature 32-foot clear heights, 24 truck docks, four drive-in doors, 155 parking spaces and quick access to Interstate-70. The building is expected to be complete in the spring of 2014.
“The Indianapolis market has been active for spec development, but our project is unique because it targets smaller users between 40,000 and 100,000 square feet,” said Robert Smietana, vice chairman and chief executive officer of HSA Commercial, in a written statement. “We have been encouraged by the amount of interest in our development so far from that category of tenants, especially at such an early stage in construction.”
