INDIANAPOLIS—This centrally-located city is crisscrossed withhighways that connect it to the entire Midwest region and havehelped make it into a hub for logistics firms and distributors. Leasingactivity in the sector has been fast-paced, andOHL has just signed one of the largest deals seenso far this year. The 3PL firm, which occupies more than 2.4million-square-feet in Central Indiana, has just decided to extendits lease with the Transpacific DevelopmentCompany for 414,424-square-feet of distribution space at1100 Whitaker Rd., in suburban Plainfield.
“OHL is one of TDC's largest tenants, leasing two full buildings– 1100 and 1101 Whitaker Road – from us in this market,” saysThomas Irish, president of TDC. “Along with the1101 Whitaker extension that we executed in 2013, OHL has extendedtheir commitment to TDC on over 800,000---square-feet of space.”TDC entities currently own approximately 10.5-million-square-feetof property, with more than 5,000,000-square-feet of property inthe Indianapolis market.
Although terms of the transaction were not disclosed, it is oneof the largest distribution leases in the Indianapolis market sofar this year, according to Summit Realty Group.OHL is represented globally by Jeb Atkinson,Jess Andrews, Brian Camp andDoug McDowell of ProVenture, andwas assisted locally by Andrew Morris of SummitRealty.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
