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Chicago & Midwest   /   February 23, 2021

Paul Bubny
By: Paul Bubny

CA Industrial Inks Full-Building Lease

CA Industrial, a subsidiary of CA Ventures, completed a 244,622-square-foot, full-building lease to single manufacturing and third-party logistics company. The asset, designated Ameriplex Site 40 and completed last May, is located at 8515 Challenger Dr. in Indianapolis and owned by CA Industrial and Clarion Partners, LLC.

“Supply chain and last-mile delivery optimization is more important now than ever before,” said Michael Podboy, president of CA Industrial. “By focusing on the development of multi-tenant light industrial and supply chain logistics sites in supply-constrained markets, we are responding to those demands and supporting tenants in their ability to capitalize on the sector’s positive secular tailwinds.”
 
Brian Seitz and Matt Dickerson of JLL represented building ownership in the lease negotiations. Bert Harrell and Sean McHale of Avison Young represented the tenant.

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Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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