Mohr Capital, a Dallas-based privately held real estate investment firm, broke ground on a new speculative lot within Mohr Logistics Park, a master-planned industrial park in the Indianapolis metropolitan area.
The Park is located in Whiteland, Indiana, and Spec Lot 9 will consist of 827,000 square feet of 32-foot clear bulk industrial space. The ground-breaking precedes the planned start of construction on a 1.057-million-square-foot lot known as spec lot 6 in the next 60 days.
In total, the new lots will deliver nearly 2 million square feet of space for lease in the market. A brochure with more information on the lots can be downloaded here.
Spec Lot 9 and Spec Lot 6 are scheduled for completion in October 2021 and January 2022, respectively. The start of construction on the new lots comes on the heels of the recent completion of a 1-million-square-foot facility within the park leased to Cooper Tire & Rubber Company. Overall, Mohr Logistics Park will feature more than 7 million square feet of Class-A bulk industrial space.
Mohr Capital serves as the exclusive developer for Mohr Logistics Park. Mark Writt with CBRE is leasing the park and Mike Long with Curran Architecture and Ross Nixon with American Structurepoint are providing architectural and civil designs.