{"id":1004200360,"date":"2017-12-12T14:20:32","date_gmt":"2017-12-12T22:20:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004200360"},"modified":"2022-12-09T02:30:40","modified_gmt":"2022-12-09T10:30:40","slug":"hsa-commercial-plans-new-development-in-suburban-indianapolis","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hsa-commercial-plans-new-development-in-suburban-indianapolis\/","title":{"rendered":"HSA Commercial Plans New Development in Suburban Indianapolis"},"content":{"rendered":"<p>By Roxana Baiceanu<\/p>\n<div id=\"attachment_1004200365\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HSA-Gateway-Industrial-IV-Plainfield-Ind..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004200365\" data-attachment-id=\"1004200365\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hsa-commercial-plans-new-development-in-suburban-indianapolis\/hsa-gateway-industrial-iv-plainfield-ind\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HSA-Gateway-Industrial-IV-Plainfield-Ind..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;2.2&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;iPhone 6&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1499340466&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;4.15&quot;,&quot;iso&quot;:&quot;32&quot;,&quot;shutter_speed&quot;:&quot;0.00022701475595914&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"HSA Gateway Industrial IV, Plainfield, Ind.\" data-image-description=\"&lt;p&gt;HSA Gateway Industrial IV, Plainfield, Ind.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;HSA Gateway Industrial IV, Plainfield, Ind.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HSA-Gateway-Industrial-IV-Plainfield-Ind..jpg?w=800\" class=\"wp-image-1004200365 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HSA-Gateway-Industrial-IV-Plainfield-Ind..jpg\" alt=\"HSA Gateway Industrial IV, Plainfield, Ind.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HSA-Gateway-Industrial-IV-Plainfield-Ind..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HSA-Gateway-Industrial-IV-Plainfield-Ind..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/HSA-Gateway-Industrial-IV-Plainfield-Ind..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004200365\" class=\"wp-caption-text\">HSA Gateway Industrial IV, Plainfield, Ind.<\/p><\/div>\n<p>HSA Commercial plans to expand its footprint in suburban Indianapolis by adding a new warehouse to its existing industrial portfolio. For this, the company has acquired a 19-acre parcel at the corner of Stafford Road and Airtech Parkway, near the Indianapolis International Airport in Plainfield, Ind.<\/p>\n<p>Construction is slated to start early next year, with the first tenants scheduled to arrive in fall 2018. Upon completion, the 262,758-square-foot building is expected to feature 32-foot clear heights, 30 expandable truck doors and four drive-in doors.<\/p>\n<p>HSA has tapped CBRE\u2019s Senior Associate John Hanley and Senior Vice President Terry Busch to start the leasing efforts.<\/p>\n<h2>A rapidly growing industrial market<\/h2>\n<p>The newly-acquired site is close to Gateway Business Park, another HSA&nbsp;<a href=\"https:\/\/www.commercialsearch.com\/news\/hsa-commercial-secures-55-ksf-lease-at-gateway-business-park\/\">Indianapolis speculative development<\/a>, which incorporates 630,000 square feet and spans over 40 acres. The most recent delivery is the 151,200-square-foot Gateway Industrial IV building.<\/p>\n<p>\u201c<em>The Gateway Industrial IV building that we completed earlier this year had one of the fastest lease-ups of any spec developments in our company\u2019s history, so we feel very confident about the continued growth and absorption in the Indianapolis market,<\/em>\u201d said Robert Smietana, vice chairman &amp; CEO of HSA Commercial Real Estate, in prepared remarks. \u201c<em>Whether it\u2019s Amazon, Home Depot, Dick\u2019s Sporting Goods, Rolls-Royce or any of the major third-party logistics firms in the country, it seems that everyone is starting to realize the strategic value of Indianapolis as a regional distribution hub.<\/em>\u201d<\/p>\n<p><em>Image courtesy of HSA Commercial Real Estate<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company purchased a 19-acre parcel near the Indianapolis International Airport, where it plans to develop a new 262,758-square-foot warehouse. <\/p>\n","protected":false},"author":1064,"featured_media":1004200365,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,1590,21748,13,21742],"tags":[32789,36739,40916],"class_list":["post-1004200360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-indianapolis","category-industrial","category-midwest","category-latest","tag-cbre","tag-hsa-commercial-real-estate","tag-robert-smietana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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