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Marathon Electric LLC Leases Industrial Space From HSA Commercial Real Estate

Property Image
LEASED
Jimmy Cohoat
Andrea Hopper
Darren Ross

Indiana

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Industrial233,618 SF
Leased 06/28/2024
the dealplayerscompscontact
Property Image
LEASED

Marathon Electric LLC Leases Industrial Space From HSA Commercial Real Estate

Industrial233,618 SF
Leased 06/28/2024
Jimmy Cohoat
Andrea Hopper
Darren Ross
the dealplayerscompscontact
Contact now

Summary

Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:233,618 SF
Transaction Type:Lease

The industrial space located at 9524-9532 Station Boulevard in Plainfield, IN, spans a total of 233,618 square feet. This property is part of the Terminus at Hobbs Station development, situated near the Indianapolis International Airport.

Summary of transaction details:

Marathon Electric LLC is set to occupy the 233,618-square-foot industrial space at Terminus at Hobbs Station in Plainfield for warehousing and distribution purposes by September. Developed by HSA Commercial Real Estate, the project is currently 45 percent leased, with Marathon Electric LLC contributing to the occupancy of the space.

Players

Jimmy Cohoat
Colliers
Jimmy Cohoat
5 deals(317) 713-2124
BROKER
Andrea Hopper
Colliers
Andrea Hopper
2 deals(317) 345-5750
BROKER
Darren Ross
Colliers
Darren Ross
2 deals(404) 402-6069
BROKER

Details

LEASED
IMAGE: 06/28/2024 ADDRESS: 9524-9532 Station Boulevard MARKET: Plainfield, IN ASSET TYPE: Industrial ~ SF: 233,618 LANDLORD: HSA Commercial Real Estate TENANT: Marathon Electric LLC BROKERS: Jimmy Cohoat, Andrea Hopper & Darren Ross - Colliers NOTE: Marathon Electric LLC has leased a 233,618-square-foot industrial space at Terminus at Hobbs Station in Plainfield, near Indianapolis International Airport. Developed by HSA Commercial Real Estate, the project is now 45 percent leased with Marathon Electric set to occupy the space for warehousing and distribution by September.

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Deal Type
Effective Rent (Annual)

$13,390,842.78

Total Lease Value

$133,908,427.85

Net Landlord Cash Flow$13,390,842.78