Industrial real estate company IDI in May announced that the company’s Cincinnati office will develop a 794,608-square-foot building at AmeriPlex Business Park, adjacent to the Indianapolis International Airport in Indianapolis.
The construction, which will begin in late May, will mark the first new inventory industrial building in the greater Indianapolis market since 2008, and will be the largest inventory building in Marion County.
“Fruition of this development is great news for Indianapolis and a terrific fit for AmeriPlex,” said Indianapolis Mayor Greg Ballard. “We have worked to market the outstanding real estate at the business park, and IDI’s decision to develop this space is ideal not only for the company but logistically for the kinds of businesses we aim to land here.”
IDI World Connect Building 1 at AmeriPlex Business Park will be located at 6161 Decatur Boulevard in Indianapolis. The building is being designed to meet LEED specifications set forth by the U.S. Green Building Council, and should be ready for occupancy in December of 2012. The facility will include significant office entry features, skylights and extra-wide 60-foot structural bays.
“Market conditions indicate a readiness for inventory development, and we look forward to bringing a state-of-the-art facility to the Indianapolis area,” said Doug Armbruster, regional development officer for IDI’s Cincinnati office. “The park’s location next to the airport makes it a prime logistics hub, and we look forward to serving the needs of our future tenants in Indianapolis.”
Develop Indy, Indianapolis’ local economic development organization, will work with Cushman & Wakefield/Summit Realty Group, the listing agent for IDI, to lease the property. Andrew Morris and Andrea Hopper of Cushman & Wakefield/Summit Realty Group are the leasing agents.
