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Industrial Parks
Local REITs charge ahead of pack in bull market
March 27, 2013
Scott OlsonIndiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually
hardy and suddenly hot sector.
MoreAmbrose snags large industrial deal
February 26, 2013
Tom HartonAmbrose Property Group will break ground next month on its first industrial project, a 545,010-square-foot national distribution
center for Gordmans Inc.
MoreRetailer plans 250-worker Hendricks County warehouse
January 17, 2013
Gordmans, an apparel and home decor retailer, said it will spend $37.5 million to construct and equip a 545,000-square-foot
distribution center in Clayton.
MoreRailcar shipments making a comeback in Indiana
December 1, 2012
Scott OlsonHigh diesel prices are turning companies to trains.
MoreCity leads Midwest in speculative industrial development
November 27, 2012
Tom HartonIndianapolis has more speculative industrial space under construction than any other market in the Midwest as developers try
to capitalize on about four million square feet of tenant interest in the market.
MoreAmbrose jumping into Plainfield industrial market
September 18, 2012
Tom HartonFast-growing Ambrose Property Group plans to develop a $12 million warehouse building on a site in Plainfield that it acquired
last month from the FDIC.
MoreBell Techlogix landlord buys tech firm's new headquarters
August 28, 2012
Tom HartonPhiladelphia-based BPG Properties Ltd., which owns the building at 8888 Keystone Crossing that Bell is vacating, has purchased
Bell’s new headquarters at 4400 W. 96th St.
MoreNew warehouse ends drought of spec industrial development
May 17, 2012
J.K. WallConstruction on the 794,608-square-foot warehouse will begin in the next two weeks in the AmeriPlex Business Park, officials
of Atlanta-based developer Industrial Developments International said. They hope to complete construction in December.
MoreCity, development group agree to protect Mallory site
May 8, 2012
Tom HartonThose seeking the historic designation hope the four-acre industrial complex will be a catalyst for redevelopment of a stretch
of East Washington Street.
MoreVeteran broker Hohmann leaves Cassidy Turley to go solo
May 1, 2012
Tom HartonHohmann has been involved in numerous high-profile real estate deals over the years, including the transaction that resulted
in development of Intech Park and assembling about 60 acres for Clay Terrace in Carmel.
MoreManufacturer plans distribution center in Plainfield
April 17, 2012
IBJ StaffWisconsin-based Regal Beloit Corp. has hired Browning/Duke Realty to build a 376,000-square-foot distribution center in Plainfield,
the company announced Tuesday.
MoreIndustrial spec development making a comeback
February 21, 2012
Tom HartonSpeculative development is returning to the modern bulk industrial market after a four-year drought, with at least two projects
preparing to break ground this spring and another in the works.
MoreTexas firm plans to move into Franklin distribution building
February 14, 2012
Scott OlsonMusic wholesaler Anderson Merchandisers LP is expected to occupy a 703,000-square-foot warehouse formerly used by Best Buy.
MoreCalifornia firm's Park 100 portfolio goes back to lender
October 4, 2011
Tom HartonCalifornia-based Blue Real Estate lost the last big chunk of its Indianapolis portfolio last week when a lender took control
of Blue’s 360,000-square-foot, seven-building portfolio in Park 100.
MoreIndustrial-market sales this year end deal drought
September 20, 2011
Tom HartonThrough the first eight months of this year, there were at least seven sales of large industrial properties in the market,
compared with zero last year.
MoreLauth's Eaglepoint fattens up on racing teams
August 30, 2011
Scott OlsonDavid Powers Motorsports, John Force Racing, Don Prudhomme Racing and Vance & Hines together occupy roughly 320,000 square
feet of space at the park.
MoreGM site ripe for manufacturing or a judicial center
August 27, 2011
Chris Barnett / Special to IBJThe Urban Land Institute panel’s plan for the General Motors plant site ignores some realities in favor of presenting
a relatively predictable New Urbanism redevelopment plan.
MoreMinneapolis firm buys Fishers business park
March 22, 2011
Scott OlsonMeritex purchased 306,408-square-foot business park out of foreclosure from Wells Fargo Bank. The previous owner, Kobra Properties,
had fallen into bankruptcy.
MoreFourth-quarter commercial real estate stats for Indianapolis
February 19, 2011
Statistics for Indianapolis office and industrial property.
MoreDuke Realty sells offices in shift toward industrial
February 19, 2011
Scott OlsonStrategy also calls for greater Southeast presence, less investment in the Midwest.
MoreSt. Louis firm pursuing local retail, industrial properties
January 31, 2011
Tom HartonBianco Properties has purchased its fourth Indianapolis property in less than five years and is pursuing more deals here.
MoreSara Lee to lease 281,000 square feet in Plainfield
January 10, 2011
IBJ StaffSara Lee Corp. has signed a lease for about 281,000 square feet of space at Plainfield Business Center at Airwest. The Illinois-based
maker of food products will establish a new distribution center in the space in February.
MoreD-A Lubricant moving from Indianapolis to Lebanon
January 5, 2011
Scott OlsonCompany will purchase 23 acres and have Duke Realty Corp. build a 225,000-square-foot industrial facility in Lebanon Business
Park. The move should be completed by December.
MoreCommercial real estate will continue its climb back in 2011
January 4, 2011
Tom HartonMedical office likely will be the strongest sector, followed by apartments.
MoreDuke poised to buy South Florida portfolio
December 7, 2010
Tom HartonThe purchase of the $500 million portfolio of industrial and office properties would continue Duke’s recent push into
the South Florida market.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.