INDIANAPOLIS, Jan. 22, 2016 — Specialty Coating Systems has renewed their lease for 60,224-square-feet at 7645 Woodland Dr. in Indianapolis, IN.
JLL’s Executive Vice President Steve Schwegman and Vice Presidents Brian Buschuk and Graham Summers, based in Indianapolis, represented the tenant in the transaction. Exeter Property Group Principal Kevin Shea represented the landlord, Mid-South 7645 Woodland, in the transaction.
Specialty Coating Systems is a provider of Parylene conformal coating systems for the medical device, automotive and electronics industries. The building was constructed in 2000 and offers easy access to I-465 and I-65. The company, which is based in Indianapolis, plans to use the space as a warehouse for its coating supplies.
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, visit www.jll.com.