Chicago’s HSA Commercial has again partnered with Boston-based Great Point Investors LLC to launch HSA’s third speculative industrial development this year, a 220,000-square-foot warehouse building in Plainfield, Ind.
Located on 13 acres immediately southwest of the Indianapolis International Airport, the new building at Gateway Business Park will feature 32-foot clear heights, 24 truck docks, four drive-in doors and 155 parking spaces.
“There has been a lot of positive leasing activity with third-party logistics tenants in Indianapolis throughout the past couple years, particularly in the Plainfield submarket,” said Robert Smietana, vice chairman and chief executive officer of HSA Commercial, in a written statement. “With the supply of first-class industrial product running out and e-commerce fueling new demand for high-cube distribution centers, HSA and Great Point saw this as the perfect opportunity to start building again in Indy.”
