HSA Commercial Real Estate, a Chicago-based full-service real estate firm, signed a 20,439-square-foot lease with American Residential Services at 853 Columbia Road in Plainfield, Indiana.
ARS, a Memphis-based network of commercial and residential plumbing and HVAC businesses, is scheduled to move into the fully-leased building in September.
The 104,400-square-foot building was developed in 2004 as the first phase of HSA Commercial Real Estate’s 55-acre Gateway Business Park near the Indianapolis International Airport. With the explosive growth in e-commerce and logistics in Indianapolis, HSA Commercial has continued to expand Gateway Business Park, developing six buildings totaling about 900,000 square feet.
Most recently, HSA Commercial completed construction of the 262,758-square-foot Gateway V distribution center, where the firm signed long-term leases with transplant solutions provider LifeNet and Paris-based aerospace firm Safran Nacelles in 2019.
Terry Busch and Jared Scaringe of CBRE and Christine Muszynski of HSA Commercial represented ownership in the lease transaction.