Hines and Cresset Real Estate Partners break ground on 1.1msf industrial project

Hines, in partnership with Cresset Real Estate Partners, has broken ground on Whiteland 65 Logistics Center, a 1.1 million-square-foot industrial project located on I-65 in Whiteland, Ind. The project is Hines’ first Indianapolis-area logistics property, and the firm has selected Cushman & Wakefield to handle marketing and leasing efforts for the site.

The project will feature cross-dock configuration, 40-foot clear height, above-market parking ratios, direct I-65 frontage and generous outdoor amenity areas.

“Whiteland 65 Logistics Center will answer the growing demand for larger format bulk distribution and warehouse space in one of the area’s tightest submarkets,” said Joe Noon, director at Hines.

Located off I-65 and Whiteland Road, Whiteland 65 Logistics Center is situated within Indianapolis’ South submarket, an area that has recently seen significant leasing activity from large institutional users despite limited current supply. The site is l