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HSA Commercial Signs Industrial Lease Near Indianapolis Airport
Chicago-based HSA Commercial Real Estate executed a new 49,977-square-foot industrial lease with Continental, a contract dining and refreshment provider, at Gateway Industrial II, within HSA Commercial’s Gateway Business Park near Indianapolis International Airport.
The deal returns Gateway Industrial II to full occupancy after its previous tenant expanded elsewhere within the business park. Tom Ferguson of Indianapolis-based Premier Commercial and John Boyd of Signature Associates represented Continental. Terry Busch and Jared Scaringe of CBRE represented ownership.
“While leasing activity for large spaces over 400,000 square feet has considerably slowed, the demand for smaller footprints under 100,000 square feet remains very strong,” said Robert Smietana, CEO and president of HSA Commercial.
In addition to Continental, the 104,400-square-foot facility is occupied by Sky Zone Trampoline Park, In Touch Pharmaceuticals and CertiFit Auto Body Parts. To date, HSA Commercial has completed seven buildings totaling approximately 1,178,000 square feet at Gateway Business Park, which is located one mile from the Indianapolis International Airport.