INDIANAPOLIS – Cassidy Turley, a leading commercial real estate services provider, is pleased to announce the lease of 38,500 SF in a 147,420 SF speculative modern bulk warehouse facility on behalf of Castle Coch Development. The property is located at 3701 David Howarth Drive in Park 350 in Lafayette, Indiana.
Supply Chain Solutions, Inc. leased the property from Castle Coch Development, for a five-year term. Jeff Castell, SIOR, CCIM, of Cassidy Turley, represented the landlord; the tenant was represented by Russ Zimmerman from NAI Meridian. Katie Culp, MBA, CTR, Senior Managing Director, of Cassidy Turley secured a10-year real property tax abatement on the property on behalf of Castle Coch Development.
“We are excited about relocating this operation from Chicago to a modern, fully-functional logistics facility,” said Jim Ward, Chief Operating Officer of Supply Chain Solutions Inc. “The move will allow our company to better coordinate our services with our client, Wabash National Corporation.” Supply Chain Solutions, Inc. is a progressive-thinking supply chain management and improvement group headquartered in Grand Rapids, Michigan.
According to Castle Coch’s Mark Castell, “Supply Chain Solutions is an ideal occupant with strong potential for future expansion which we can accommodate in increments from 15,000 up to 300,000 SF.”
Cassidy Turley indicates Supply Chain Solutions joins Nanshan, Heartland Automotive and Oscar Winski Company as other Lafayette industries located in Park 350.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. The Indianapolis Business Journal 2013 Book of Lists ranks Cassidy Turley as the #1 Indianapolis-area commercial real estate brokerage and the #1 Indianapolis-area commercial property management firm. Cassidy Turley has been named one of the “Best Places to Work in Indiana” by the Indiana Chamber of Commerce for each of the past six years. Please visit www.cassidyturley.com for more information.