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.
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. 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 15-20 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).