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Amazon Leases 530K SF in Indianapolis Region
Avison Young has secured Amazon for a 530,400-square-foot lease of a newly constructed building at Whiteland Exchange, a 2.4-million-square-foot industrial business park in Whiteland, IN, part of the Indianapolis market. The brokerage is the exclusive listing agent for the 167-acre development.
Principal Sean McHale and senior associate Peter Seoane, both based in Avison Young’s Indianapolis office, represented the developer, Jones Development Company. Amazon moved into the space earlier this month.
“This large lease demonstrates the continued demand for high quality, modern industrial space in the Indianapolis market,” said McHale. “As our industrial market continues to expand, we are seeing considerable interest from e-commerce, logistics and advanced manufacturing tenants that previously had limited options in the southern part of the market.”
Seoane added, “Whiteland Exchange was strategically designed to also serve the mid-range bulk distribution user and the mid-sized manufacturing space user, which adds tremendous flexibility for tenants.”
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