Transpacific Development Awards Cassidy Turley Listing for New Spec Building

Michael Weishaar and Luke Wessel to Represent Owner

Published on November 05, 2013


INDIANAPOLIS – Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Torrance, CA-based Transpacific Development Co. (TDC) has awarded Michael Weishaar, SIOR, Senior Vice President and Principal, and Luke Wessel, SIOR, Senior Managing Director and Principal, the listing assignment for a new 450,000-square-foot speculative building in Plainfield, IN. Located at 2450 Stanley Road, the warehouse/distribution property will be marketed for lease.

With a 32-foot clearance height, 40 existing docks and four drive-in doors, the new building is completed and ready for occupancy. At the northwest corner of Stanley and Perry Roads, the facility has easy access to nearby Interstate 70.

“Cassidy Turley is pleased to receive this large leasing assignment in such a key industrial submarket,” said Mr. Weishaar. “We welcome this opportunity to further strengthen our relationship with TDC, a leading property owner in the Indianapolis area.”

TDC owns 10 distribution centers in Indiana. Cassidy Turley manages eight of those properties totaling more than 3.6 million square feet in Plainfield, Indianapolis and Brownsburg, including 2450 Stanley Road.

Please visit www.2450stanleyroad.info for more information on this property.

About Transpacific Development Co.
Transpacific Development Company (TDC) is one of the most prominent independent commercial real estate companies in the United States, having developed or acquired more than 20,000,000 square feet of investment-grade property. Founded in 1954, TDC has the experience to develop and acquire high-quality office and distribution properties for long-term investment. The company invests its own funds, allowing it to move quickly when it identifies an advantageous real estate opportunity. Please visit www.transdevco.com for more information.

About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,800 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the firm completed transactions valued at $22 billion in 2012, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 23,000 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 of 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 #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 seven years. Please visit www.cassidyturley.com for more information.

Jennifer Blattler
317-639-0460

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