The buildings are tilt-up concrete construction and have 180-ft rear load truck courts, clear heights that range from 24 to 27 ft and an average of one dock door per 3,500 sf of building area. The average building is 133,000 sf with just three buildings coming in less than 100,000 sf. The typical building depth is 160 ft to 200 ft, and all the buildings were designed for multi-tenant usage.

"ICP is a tremendous addition to our portfolio, and the properties are among the highest-quality buildings that we own," according to Kelter. "Consistent with our overriding investment philosophy and market niche, ICP represents the most modern bulk warehouse inventory in this market. These buildings are tailored to the most sophisticated users and are distinct from the smaller, older commodity product that comprises the majority of this market. We believe that ICP represents approximately 25% of the new, larger bulk warehouse/distribution universe within the Airport West submarket, and as such is a perfect complement to our focus on bigger footprint, high-cube distribution centers."

Tenants at the park include many freight companies, such as Federal Express, Airborne Express, Exel, Bax Global, Expeditors, Eagle Global and Air Express International. The average lease at the park is about four years, and the average tenant is taking 70,000 sf. The rest of the park is mainly owner-occupied buildings for tenants including MCI, USPS and Carmax.