ProLogis signed Logisco, a third-party logistics provider, to a lease for an 813,000-square-foot distribution facility in Indianapolis.
The value of the transaction was not disclosed.
The facility, located in Airtech Park, is part of ProLogis’ joint venture with Browning Investments Inc. Logisco is leasing the space to accommodate distribution for Gatorade, manufactured locally by Quaker Sales & Distribution, Inc., a division of PepsiCo.
The property was completed in December 2003 and offers 36-foot clear height, 80 dock doors and supplementary trailer parking.
ProLogis is a provider of distribution facilities and services.
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