{"id":1004643450,"date":"2023-02-03T04:33:58","date_gmt":"2023-02-03T12:33:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004643450"},"modified":"2023-02-03T04:34:00","modified_gmt":"2023-02-03T12:34:00","slug":"mohr-capital-completes-1-msf-building-at-indianapolis-campus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/mohr-capital-completes-1-msf-building-at-indianapolis-campus\/","title":{"rendered":"Mohr Capital Completes 1 MSF Building at Indianapolis Campus"},"content":{"rendered":"
\"\"<\/a>

Mohr Logistics Park. Image courtesy of Mohr Capital<\/p><\/div>\n

Mohr Capital<\/strong> has completed the 1,057,350-square-foot Building 6 at Mohr Logistics Park, its 475-acre master-planned industrial project in Whiteland, Ind. At full build-out, the campus will comprise some 7 million square feet.<\/p>\n

Mohr Logistics Park currently has 1.5 million square feet under construction and the developer is expecting an additional 1.2 million square feet of build-to-suit space, Mohr Capital CDO Gary Horn said in prepared remarks. The development team also includes Curran Architecture<\/strong>, Pepper Construction<\/strong> and American Structurepoint<\/strong>.<\/p>\n

A master-planned industrial development<\/h2>\n

Mohr broke ground on the project in June 2020. In July 2021, the developer completed the first phase of land acquisition and delivered Building 1, a 1 million-square-foot build-to-suit facility to Cooper Tire. That same month, construction began on Building 6 and on the 827,000-square-foot Building 9.<\/p>\n

The development\u2019s Building 6 features 40-foot clear heights, two drive-in doors, 68 dock doors and a total of 420 parking spots. The facility has 513,000 square feet of space currently under leasing negotiations, while some 540,000 square feet are already occupied.\u00a0CBRE<\/strong>\u00a0Senior Vice President Mark Writt, together with Mohr Capital\u2019s Gary Horn, are marketing the remaining space for lease.<\/p>\n

Mohr Logistics Park is 19 miles from downtown Indianapolis, close to interstates 465 and 65. The location is 25 miles from FedEx\u2019s Indianapolis International Hub and within 27 miles of Indianapolis International Airport.<\/p>\n

Positive signs for Indianapolis’ industrial market<\/h2>\n

According to a recent CommercialEdge report<\/a>, Indianapolis scored one of the lowest industrial vacancy rates in the U.S. as of December 2022, at 2.3 percent, while the national average clocked in at 3.9 percent. In terms of supply, the metro had 24.8 million square feet of space delivered in 2022, while 17.9 million square feet were under construction at the end of the year.<\/p>\n

In January, ITS Logistics opened a 700,000-square-foot warehouse<\/a> at its existing campus in Whitestown, Ind., representing the company’s latest addition to its Midwest headquarters. The property currently encompasses more than 1.3 million square feet.<\/p>\n","protected":false},"excerpt":{"rendered":"

At full build-out, Mohr Logistics Park will total nearly 7 million square feet of industrial space.<\/p>\n","protected":false},"author":2991,"featured_media":1004643451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21782,1590,21748,13,21742],"tags":[51089,32789,51090,38841,35458],"class_list":["post-1004643450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-development","category-indianapolis","category-industrial","category-midwest","category-latest","tag-american-structurepoint","tag-cbre","tag-curran-architecture","tag-mohr-capital","tag-pepper-construction"],"acf":[],"yoast_head":"\nMohr Capital Completes 1 MSF Building at Indianapolis Campus - CPE<\/title>\n<meta name=\"description\" content=\"Mohr Capital completed the 1,057,350-square-foot Building 6, part of its 475-acre, master-planned Mohr Logistics Park in Whiteland, Ind.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/mohr-capital-completes-1-msf-building-at-indianapolis-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mohr Capital Completes 1 MSF Building at Indianapolis Campus\" \/>\n<meta property=\"og:description\" content=\"Mohr Capital completed the 1,057,350-square-foot Building 6, part of its 475-acre, master-planned Mohr Logistics Park in Whiteland, Ind.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/mohr-capital-completes-1-msf-building-at-indianapolis-campus\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-03T12:33:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-03T12:34:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/02\/Mohr_Capital_MLP_9_14_22-e1675353665753.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"450\" \/>\n\t<meta property=\"og:image:height\" content=\"337\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Simona Tudose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/mohr-capital-completes-1-msf-building-at-indianapolis-campus\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/mohr-capital-completes-1-msf-building-at-indianapolis-campus\/\",\"name\":\"Mohr Capital Completes 1 MSF Building at Indianapolis Campus - 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