Keller Industrial Properties Accelerates Growth in Indiana Market
Strategic Development at Keller Industrial Properties
In an exciting development, Keller Industrial Properties is expanding its footprint with the timely construction of a state-of-the-art warehouse in Indiana. This project, situated on S. Innovation Way, is a significant step forward in meeting the increasing demand for logistics space. The impressive 150,000-square-foot facility is nearing completion and is ready for lease. This initiative highlights the ongoing growth in the region and Keller's commitment to providing high-quality, flexible spaces for businesses.
Key Features of the New Warehouse
This new precast concrete warehouse boasts exceptional specifications, designed meticulously for flexibility and efficiency. Key highlights include:
- Size: 150,000 SF with potential expansion up to 200,000 SF.
- Clear Height: 36 feet, ensuring ample vertical space for various operations.
- Configuration: Rear-load, multi-tenant layout for versatile usage.
- Loading Docks: Equipped with six dock doors and three drive-in ramps, accommodating up to 36 trucks.
- Levelers: Featuring 40,000-lb airbag levelers for efficient loading and unloading.
- Electrical Service: Robust 800-amp electrical service to handle high-demand operations.
- Fire Protection: Installed full ESFR sprinkler system for enhanced safety.
- Construction Standards: Adhering to rigorous food-grade standards to support diverse needs.
The facility is projected to be move-in ready by the end of 2025, with leasing inquiries already on the rise.
Peru-Bunker Hill: A Rising Logistics Hub
The Peru-Bunker Hill area in north-central Indiana is quickly emerging as a significant industrial submarket. This corridor is gaining traction as an attractive location for logistics and manufacturing companies due to its strategic positioning. The region offers excellent access to major highways and rail lines, combined with a skilled workforce, ensuring efficient distribution capabilities.
CEO Bryan Keller remarked on the significance of the location, stating, "As a child, I spent my summers working in these fields, unaware of the potential this area held. Now, we are planting the seeds of opportunity, creating jobs, and enhancing the infrastructure that will serve our community for years to come." This personal connection drives the mission to reshape the economic landscape of the Peru-Bunker Hill corridor.
Market Trends and Future Potential
According to recent market analyses, the logistics sector in Indiana is witnessing remarkable growth. This is underscored by trends such as:
- Net Absorption: Staying low as newer leasing opportunities continue to emerge into the market.
- Flight to Quality: Companies prefer modern spaces equipped for automation and enhanced employee experiences.
Keller Industrial Properties’ initiative aligns perfectly with these trends, offering a facility that caters to modern needs. As businesses shift away from outdated spaces, this development positions Keller to attract tenants focused on operational efficiency and innovative design.
Commitment to Economic Development
Keller Logistics Group is geared towards fostering regional economic development. The organization is dedicated to attracting new businesses and contributing significantly to the community. This project not only enhances the operational landscape but also stimulates local job creation and infrastructure development, ensuring lasting benefits for the Peru-Bunker Hill region.
As Keller continues to grow its logistics capabilities, the positive impact on the community will be profound, paving the way for future advancements in the industry.
Frequently Asked Questions
What is the size of the new warehouse being constructed?
The new warehouse measures 150,000 square feet, with options to expand beyond 200,000 square feet.
When is the warehouse expected to be ready for occupancy?
The facility is anticipated to be move-in ready by late 2025.
What are the main features of the warehouse?
Notable features include a 36-foot clear height, multiple loading docks, and advanced fire protection systems.
How is the Peru-Bunker Hill area positioned in the logistics market?
This region is rapidly becoming a premier industrial submarket, with excellent transport links and a skilled workforce.
What is Keller Logistics Group's mission?
Keller aims to enhance the economic vitality of the region by attracting businesses and fostering local growth through infrastructure development.
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