INDIANAPOLIS- Jones Lang LaSalle just announced that they have been chosen as the leasing agent for the Coastal Commerce Center, a 590,000-square-foot warehouse at 6550 E. 30th St. in Indianapolis. A tenant with 430,000-square-feet will vacate the building later this year but JLL officials say the space will probably get divided into smaller parcels.
The warehouse, which has 18-foot clear ceiling heights, was originally built in the 1970s, says Jake Sturman, a senior vice president with JLL, but was re-developed in 2002. It sits within the city's eastern submarket, where a lot of former manufacturing facilities were converted into warehouses
Sturman and JLL's Steve Schwegman, also a senior vice president, will handle marketing and leasing for the owner Coastal Partners LLC.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
