PLAINFIELD, IN-Cabot Properties, based in Boston, has thelargest available distribution property in the state up for lease.A third-party logistics firm for John Deere, called CEVA, vacatedthe property last year.

The 925,800-square-foot building in the AirWest Business Park isalso the only distribution property available that is larger than500,000 square feet. This gives the building a strong advantage tofind a tenant, said Jake Sturman with Jones Lang LaSalle, which wasjust hired by Cabot to market the building. The property at 800Perry Rd. has 28-foot ceilings, 73 dock doors, four drive-in doorsand 20,000 square feet of office.

“We think it’s pretty likely that in the next 12 months we’llfind a tenant, we’ve already seen good interest,” Sturman tells me.“Overall in the Midwest we’ve done fairly well through downturn.This is in the best area in Indiana, which has seen only 10%industrial vacancy.”

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