News Source: CoStar.com

Commercial Development of the Year for Indianapolis

Mohr Capital's pursuit of an industrial park required vision and meticulous attention to detail. Spanning 475 acres, the development of Mohr Logistics Park is a testament to the kind of innovation and strategic planning that is expected to redefine the industrial capabilities of Indiana.

For the scale and expected ability of the development’s potential to attract other big industrial users to the neighborhood, the industrial park has garnered a 2024 CoStar Impact Award for commercial development of the year, selected by an independent panel of local industry professionals.

The initial land acquisition in Whiteland, Indiana, completed in June 2020, laid the groundwork for a business park that would eventually house high-quality industrial tenants. The final land aggregation strategically positioned the property directly on Interstate 65 to ensure excellent visibility and accessibility.

The master plan called for 11 Class A structures, with varying sizes and specifications to meet growing logistics demands. Mohr Capital embraced sustainability and various technological initiatives in developing the park's state-of-the-art amenities, such as EV chargers, upgraded dock equipment, walking paths and the potential for a solar array field.

About the Project: Mohr plans to develop 7 million square feet of Class A industrial buildings within the industrial park at 5635 N. Graham Road. Notable tenants to date include Cooper Tire (Goodyear), NFI Industries, DHL and Turn 14.

What the Judges Said: "With a strong commitment to the project, even after being struck by a tornado, the developer is still committed to the city and the project," said Pete Alveal, principal of Premier Commercial TCN Worldwide.

They Made it Happen: The team behind the Mohr Logistics Park includes Gary Horn of Mohr Capital, Sam Fugate of Pepper Construction, Shawn Curran of Curran Architecture, Ross Nixon of American Structurepoint and Dion Frame and Mark Writt of CBRE.