FT. WAYNE, IN—The US auto industry continues to rebound, and that’s good news for the owners of industrial spaces. A specialty automotive parts and assembly company, for example, has just leased 764,000 square feet at 2909 Pleasant Center Rd. in Fort Wayne, IN, a city in the northeast corner of the state. The building has been vacant since late last year, after General Mills outgrew the space.   

“We had a ton of demand from tenants looking for between 100,000 square feet and 200,000 square feet,” JLL executive vice president Brian Seitz tells GlobeSt.com, but the building is better-suited for large users. Seitz and JLL’s Steve Schwegman, both based in Indianapolis, represented the building owner, Phoenix-based VEREIT, in the transaction. The tenant was represented by Greg Pink of the Bradley Cos. in South Bend, IN.

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