(Indianapolis, Ind. – July 15, 2014) Browning/Duke LLC, a joint venture between Browning Investments and Duke Realty, two of Indianapolis’ largest commercial real estate companies, announces that AllPoints at Anson 7A, its 599,780-square-foot speculative, warehouse/distribution center completed in June 2013, is now 100 percent leased to two tenants. In November 2013, General Nutrition Centers (GNC), a specialty retailer of health and wellness products, signed a lease for 342,840 square feet in the building. A lease for the remaining 257,030 square feet was signed with Kenco in June.
“When we decided to develop AllPoints at Anson 7A on a speculative basis, we were confident that we would be able to lease it quickly given interest in this submarket and the limited number of modern, high-quality properties available in Indianapolis’ northwest quadrant,” said Charlie Podell, Senior Vice President of Duke Realty’s Indiana operations. “We are pleased to welcome Kenco to AllPoints at Anson 7A and reach full occupancy in this property.”
“Bringing this building to 100 percent occupancy in the first half of 2014 is testament to the unparalleled advantages that AllPoints at Anson offers,” said John Hirschman, President and CEO, Browning Investments. “This premier industrial campus, located off I-65 in Whitestown and just north of I-465, provides convenient interstate access to both Indianapolis and Chicago.”
Mark Writt with CBRE represented the tenant, Kenco, in the lease transaction. Mark Hosfeld and Jay Archer, Vice Presidents of Leasing with Duke Realty, and Mark Susemichel, Senior Vice President of Development and John Cohoat, Director of Real Estate Development with Browning, represented ownership.
AllPoints at Anson 7A is located in AllPoints at Anson, one of the newest and largest modern bulk distribution parks in the Indianapolis area. The precast concrete building features 32′ clear height, 60–9′ x 10′ dock doors with the capability for another 60 doors, 50′ x 60′ dock bays and 50′ x 50′ interior bays. A 61-trailer staging area is incorporated on the site, along with automobile parking.
Though all of the existing buildings in AllPoints at Anson are fully occupied, 316 acres of land that will support an additional 6.0 million square feet of industrial, data center or manufacturing space are available for development. Interested parties are invited to contact Duke Realty at 317.808.6000 or Browning Investments at 317.344.7300.
Founded in 1977, Browning remains one of the premier development companies in Indianapolis and is engaged in the acquisition, development, construction, leasing, management, ownership and disposition of investment real estate properties, primarily in the Indianapolis metropolitan area. In total, Browning has developed and constructed more than 22 million square feet of space. To learn more, visit: www.browninginvestments.com.
About Duke Realty
Duke Realty owns and operates approximately 148 million rentable square feet of industrial and office assets, including medical office, in 18 major U.S. cities. Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P MidCap 400 Index. More information about Duke Realty is available at www.dukerealty.com. Duke Realty can also be followed on Facebook and Twitter.
Kenco provides integrated logistics solutions that include distribution and fulfillment, comprehensive transportation management, material handling services, real estate management and information technology—all engineered for Operational Excellence. Woman-owned and financially strong, Kenco has built lasting customer relationships for more than 60 years. Kenco’s focus is on common sense solutions that drive uncommon value. Also connect with Kenco on twitter, facebook, linkedin, and the Kenco blog.