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Avison Young negotiates lease renewal for 180,000 square-foot industrial warehouse
June 22, 2022
Indianapolis, IN– Avison Young today announced that it has negotiated the lease renewal of an 180,000 square-foot (sf) industrial warehouse at 5110 W. 74th Street in Indianapolis, IN, in Park 100 Business Park.
Avison Young Principal Sean McHale, SIOR based in the firm’s Indianapolis office exclusively represented the Tenant, Trends International, Inc. on securing a 7-year lease commitment. Michael Weishaar, SIOR and Grant Lindley of Cushman and Wakefield represented LINK Industrial who is the Landlord of the property.
“This location provides our client the opportunity to continue their company’s success in the marketplace, improve the efficiencies of their manufacturing capabilities and enbles them to retain their best in class workforce.” McHale said. “With this location being Trends International’s Corporate Headquarters location, their continued commitment to Indianapolis is significant win for the City and for the employee base in Marion County.”
Trends International Inc. is an industry leader in Licensed Posters, Calendars, Stickers and Stationery Products in the United States, Canada and Mexico.
The logistical advantages of Indianapolis and retention of key leadership and operational teams were paramount to their commitment to remaining in Indianapolis and they look forward to continued success within the Indianapolis community.
Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.
Avison Young is a 2022 winner of the Canada' s Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 11 consecutive years.