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Chicago & Midwest  + Midwest  |  May 4, 2023
HSA Commercial Real Estate has begun construction on two speculative cross-dock warehouses at 9524-9532 Station Blvd. in Plainfield, IN, a suburb of Indianapolis
Paul Bubny
By: Paul Bubny

HSA Commercial Bringing Two Spec Warehouses to Indianapolis Market

Chicago-based HSA Commercial Real Estate has begun construction on two speculative cross-dock warehouses at 9524-9532 Station Blvd. in Plainfield, IN, a suburb of Indianapolis. The 497,540-square-foot development, branded as Terminus at Hobbs Station and scheduled to deliver in fourth-quarter 2023, will rise eight miles from Indianapolis International Airport, the country’s eighth-largest freight airport and home to FedEx’s second-largest U.S. distribution hub.

“Top-tier industrial users want to be close to critical transportation networks like those available in the Indianapolis metro, where roads, rails and runways are readily accessible,” said Robert Smietana, vice chairman and CEO of HSA Commercial Real Estate. “Terminus at Hobbs Station will meet the demand for larger blocks of industrial space with modern design and desirable location to support operational efficiency and growth.”

The warehouses will be leased by Jimmy Cohoat and Andrea Hopper of the Indianapolis office of Colliers.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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