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Colliers Represents Indiana Contractor in $39M Acquisition of 500K-SF Facility
Colliers represented Electric Plus in the $38.6 million acquisition of 501 Airtech Parkway in Plainfield, Indiana.
Jason Speckman, SIOR, Executive Vice President of Industrial Advisory Services at Colliers | Indianapolis, advised Electric Plus on its headquarters relocation. To accommodate its expanding operations, the company will relocate its headquarters from Avon, Indiana, to the newly acquired 500,192-square-foot facility in Plainfield.
The industrial facility is situated on 33.2 acres within Plainfield’s premier Airtech business park, minutes from the FedEx Express World Hub. Featuring cross-dock loading, 30-foot clear height, temperature-controlled warehouse, extensive power resources and ample parking, the property offers the scale and functionality needed to support Electric Plus. As part of the acquisition, approximately 115,000 to 265,000 square feet will be available for lease, with Speckman leading leasing efforts.
“Electric Plus has experienced remarkable growth over the past two decades, and this milestone positions the company for its next chapter,” said Speckman.
