INDIANAPOLIS—As reported in GlobeSt.com, Indianapolis has become one of the nation’s hottest markets for industrial properties. Developers have about 8-million-square-feet of space under construction, a significant portion of it on a speculative basis. And HSA Commercial, Inc., has just signed a 59,770-square-foot lease with Black Horse Carriers, Inc. at the firm’s recently-completed speculative industrial development at 1025 S. Columbia Rd. in suburban Plainfield. This is the first signed lease for Gateway Industrial III, the 220,000-square-foot warehouse that HSA and its partner Great Point Investors LLC began last year.

Carol Stream, IL-based Black Horse Carriers, a third-party logistics firm specializing in dedicated fleet services and private fleet replacement services for the consumer products industry, will take occupancy of the space in October.

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