INDIANAPOLIS, IN, Dec. 16, 2015 — JLL has been awarded the exclusive leasing assignment for Airwest 12 and 14, two new speculative Class A industrial buildings totaling 924,530 square feet in the Indianapolis, IN market.
JLL Executive Vice President Jake Sturman and Senior Vice President Chip Barnes will represent the ownership, Northwestern Mutual. The two-building portfolio is located at 2301 and 2201 Reeves Road in Plainfield, IN, Building 12 is 448,305 square feet and Building 14 is 476,225 square feet.
“Indianapolis is one of the top distribution markets in the country and continues to draw tenants who want to tap into the region’s strong transportation, logistics and warehousing infrastructure,” Barnes said. “These buildings have the modern size, ceiling height, parking and docking capacity that e-commerce and other distribution businesses require.”
The buildings are located within one mile of Indianapolis International airport and within a five-minute drive of I-70 and I-465. The buildings include 48-foot by 50-foot bays, nearly 50 docks per building, with room for expansion; and ample delivery and employee parking. Each building is divisible to 200,000 square feet.
With easy access to the new Indianapolis intermodal facility built in 2013, the CSX Big Four Rail Yard, Graham Golden Field, and five major interstates, tenants could reach more than 60 percent of the U.S. population overnight from this location.
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visitwww.jll.com.