Industrial O Indiana

HSA Commercial closes 49,000-square-foot industrial lease in Indianapolis market

HSA Commercial signs 49,000-square-foot industrial lease,ph01

HSA Commercial Real Estate recently signed a 49,977-square-foot lease with Pelican BioThermal at Gateway Business at 851 S. Columbia Road in Plainfield, Indiana.

Pelican, which is based in Plymouth, Minnesota, provides thermal packaging solutions for pharmaceutical and medical materials. The company will move into the facility in July.

The 121,800-square-foot warehouse building, known as Gateway II, was developed by HSA Commercial in 2004 and is part of the 55-acre Gateway Business Park located just west of the Indianapolis International Airport.

HSA has built five buildings total about 630,000 square feet at Gateway Business Park. The company now plans to build the 262,758-square-foot Gateway V on a 19-acre site at the southeast corner of Stafford Road and Airtech Parkway.