November 2019: 225,000 square foot distribution center breaks ground in South Bend
Holladay Properties, a South Bend-based commercial real estate firm, has broken ground on a new 225,000 square foot distribution center on the northwest side of South Bend, IN. The 80/90 Distribution Center is located at 24505 Cleveland Road, at the intersection of US Highway 31 and Nimtz Parkway, with adjacent access to Exit 72 of I-80/90.
Paul Phair, a Vice President at Holladay, noted that the 80/90 Distribution Center is being developed as a speculative facility and will feature the necessary amenities attractive to both logistics and warehousing and manufacturing operations. The property has been granted 6-year tax abatement from the City of South Bend.
“We are building this facility as speculative because, by having the space available, it helps shorten people’s time frame on when they can get up and operating,” said Paul Phair of Holladay Properties. “It’s been a very tight market so we are hoping the 80/90 Distribution Center will gain the attention of brokers and users who aren’t in this area or are looking for a new home.”
The 80/90 Distribution Center has been designed to accommodate up to four tenants and features an insulated metal panel building shell with masonry accents. The building will have 32’ clear ceiling heights, LED lighting on the interior and exterior, and 20 dock-high overhead doors, with the ability to add 20 additional dock doors in the future.
We’re excited to be making a big investment on the northwest side again,” Phair said. “Holladay has had success with the developments we’ve previously built nearby, including the Enterprise Center and the AmeriPlex Centre, and we’re looking forward to continuing this tradition with the 80/90 Distribution Center.”
Holladay Construction Group, LLC began construction of the 80/90 Distribution Center in October with an expected delivery date of July 2020. Curran Architecture is the project architect and Abonmarche Civil Engineering is the civil engineer.
NAI Cressy is providing leasing service for the 80/90 Distribution Center, which is available for pre-lease. For information on availability, call 574-271-4060.
About Holladay Properties
Holladay Properties is a full-scale land development, design/build, and fully-integrated real estate company, as well as one of the largest medical office and property management firms in the country. The firm has developed over 20 million square feet of commercial space and actively manages over 10.6 million square feet of office, industrial, retail, multi-family, hotel, and healthcare space. With more than 230 employees in a variety of specialties working from six development offices and about 25 management offices throughout the eastern half of the U.S., Holladay has the knowledge, experience, and people to complete any type of project for any kind of client. Visit www.holladayproperties.com for more information.
About NAI Cressy
NAI Cressy has been serving Northern Indiana and Southwestern Michigan since 1948 and is the only regional brokerage firm with an international affiliation.