HSA Commercial Finishes Lease-Up at Gateway Industrial III in Indianapolis; Announces New 150,000 SF Spec Development at Gateway Business Park

Robert Smietana

CHICAGO, IL  (Jan. 19, 2016) — HSA Commercial Real Estate today announced it has leased the remaining available space at Gateway Industrial III, its 220,000-square-foot spec distribution center at 1025 S. Columbia Road in Plainfield, Ind., with plans to develop a new 150,000-square-foot warehouse adjacent to the facility in the Gateway Business Park.

Kuehne + Nagel, a Switzerland-based global logistics service provider with more than 1,000 offices and distribution centers around the world, executed a 100,335-square-foot lease at Gateway Industrial III, adding to the 59,895 square feet it already occupies.

 Developed by HSA Commercial in partnership with Great Point Investors LLC, the building was completed in 2014 and is now fully leased. 

This summer, HSA Commercial expects to break ground on a new 150,000-square-foot distribution center – also built on spec – in the Gateway Business Park, immediately southwest of Indianapolis International Airport.

“As evidenced by the rapid lease-up of Gateway Industrial III, there is still plenty of demand for Class A industrial space in the Indianapolis market,” said Robert Smietana, vice chairman and CEO of HSA Commercial Real Estate.

 “Gateway Business Park’s proximity to the airport and Interstate 70, which easily connects to the entire regional interstate system, makes it a highly attractive option for industrial users looking around Indianapolis.”

  

 For a complete copy of the company’s news release, please contact:

Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527