Subaru of America, Inc. has leased 282,000 sq. ft. of distribution space in suburban Indianapolis from Prologis (Denver). The recently completed facility, totaling 501,000 sq. ft, is located along Interstate 65 in the city of Whitestown, Ind. Subaru plans to use the facility as a regional distribution center and repackaging center for its automotive parts and accessories, serving Subaru dealerships and other automotive retailers throughout the Midwest.
"Its proximity to the Subaru manufacturing plant in Lafayette, Indiana, provides a big advantage in terms of logistics efficiency and synergy,” said Gary D. Palanjian, v.p., parts and accessories, for Subaru of America. “We will gain significant additional square footage for future growth and increased flexibility for warehousing operations."
The facility leased by Subaru is owned through a joint venture between ProLogis and Browning Investments, an Indianapolis-based developer of commercial real estate. The 501,000-square-foot building is expandable by an additional 500,000 square feet.
Headquartered in New Jersey, Subaru of America, Inc. serves more than 600 dealers nationwide. The company currently leases more than 445,000 sq. ft. from ProLogis at two distribution parks in New Jersey.
Source: Prologis.