Thank you for sharing!

Your article was successfully shared with the contacts you provided.

INDIANAPOLIS-Keystone Automotive Industries Inc. has leased 106,000 square feet of distribution space here. The company will locate in the North Plainfield Park Distribution Center, part of a the 10-building, 5.6-million-square-foot industrial park owned by ProLogis.

The Keystone Automotive lease helps raise ProLogis’s occupancy rate in the Indianapolis market to 94%. “We are pleased to announce that, with this transaction, our Indianapolis portfolio is 94 percent leased,” says Elizabeth Kauchak, VP and market officer for ProLogis.

“While current economic conditions are difficult, Indianapolis has remained a popular choice for our customers due to its strategic location in the Midwest and excellent accessibility to national highway systems,” Kauchak says.

While the terms of the lease were not disclosed and the rental rate is listed as negotiable on ProLogis’ building information fact sheet.

This is Keystone’s first lease in a ProLogis facility in the Indianapolis area, however the company does also occupy space in ProLogis buildings in Texas and Nevada having worked with the company since 1998.

Keystone Automotive, which specializes in aftermarket collision replacement parts, is a subsidiary of LKQ Corp.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.