(Read more on the industrial market.)

WHITESTOWN, IN-Developers building a $140 million high-techfulfillment center for Medco Health Solutions Inc. say that theAllPoints at Anson business park won out over sites in 47 statesbecause of amenities and location. The pharmacy benefit managementcompany, based in Franklin Lakes, NJ, will own the 340,000-sf newbuilding for a high-tech fulfillment center that will employ 1,300people and will handle a million prescriptions a week.

AllPoints, expected to have about seven million sf of industrialand office developments when fully built out, is a $350 millionjoint venture by Duke and Browning Investments. The 500-acreAllPoints is part of the 1,700-acre, mixed-use development dubbedthe Commerce District of Anson. The park will be a full community,with retail, residential, health care, office and industrialproperties, says Charlie Podell, SVP of the Indianapolis IndustrialGroup of Duke Realty. "The amenities of the park are huge," Podelltells GlobeSt.com. "Plus, what really worked in our favor was thatwe're right off of I-465, and you can be to the airport or downtownwithin 20 minutes."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.