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Aerospace Firm Commits to Indianapolis Location
HSA Commercial Real Estate executed a 56,592-square-foot lease with Safran Nacelles Services Americas LLC at its Gateway V distribution center in Plainfield, IN, near Indianapolis International Airport. The Paris-based aerospace firm entered into a 10-year lease and plans to take occupancy in December.
The Safran Nacelles lease follows a separate 68,175-square-foot lease with LifeNet Health, a provider of transplant solutions. Executed in February 2019, it also has an initial term of 10 years.
“It’s rare to have industrial tenants sign 10-year leases as both LifeNet and Safran Nacelles have done at Gateway V,” said Robert Smietana, vice chairman and CEO of Chicago-based HSA. “That really speaks volumes about each corporation’s long-term commitment to the Indianapolis market, and the value they place on the development’s strategic location.”
CBRE’s Terry Busch and Jared Scaringe represented ownership in the lease transaction. Savills brokers Zak Mirkowski and Taylor Wood advised Safran Nacelles.
For comments, questions or concerns, please contact Paul Bubny
- ◦Lease
