The new Cummins lease further solidifies
Mohr Logistics Park's status as a blue-chip industrial
park
WHITELAND, Ind., May 9, 2024
/PRNewswire/ -- Mohr Capital has secured a lease for more than 1
million square feet at Mohr Logistics Park with Cummins Inc (NYSE:
CMI). This is the fifth major lease for the award-winning Class A
industrial park, further solidifying Mohr Logistics Park's status
as a blue-chip industrial park.
Cummins' new long-term lease is for 1,057,350 square feet in
Building 6 at Mohr Logistics Park. The leased space is a 40-foot
clear-height, cross-dock warehouse and distribution facility.
Mohr was represented by Mark
Writt with CBRE and Cummins was represented by Heidi Kent and Gabrielle
Woolley with Cummins and Kathy
Foster, Anne Street,
Jon Jessup, and Brian Zurawski with Colliers all served as
tenant representatives for Cummins. Steve
Fenton represented UMB Bank as the lender.
Cummins is a global power solutions leader comprised of five
business segments – Components, Engine, Distribution, Power Systems
and Accelera by Cummins – supported by its global manufacturing and
extensive service and support network, skilled workforce and vast
technological expertise. Cummins joins high-caliber tenants such as
Goodyear, NFI, Turn 14 and DHL, which have also signed leases at
Mohr Logistics Park in the last year.
"We're pleased that Cummins has leased space at Mohr Logistics
Park," said Gary Horn, chief
development officer at Mohr Capital. "This move highlights the
strength, quality and attractiveness of our Park. Cummins joining
us brings significant momentum to the strength of the Park's
high-quality tenants and thriving logistics presence in the
Indianapolis market."
Mohr Capital's invaluable partners contributing to Mohr
Logistics Park include Sam Fugate
with Pepper Construction, Shawn
Curran with Curran Architects, and Ross Nixon with American Structurepoint.
"I've known since my early days growing up in Indianapolis that there are few brands
stronger or more respected than Cummins," said Bob Mohr, Mohr Capital Chairman and
CEO. "Mohr Logistics Park is very proud to have Cummins bring
one of their largest global facilities to Mohr Logistics Park. Many
of Cummins' employees and service providers will consider Mohr
Logistics Park their home for many years to come.
As the largest industrial park developed in the Indianapolis area in the last 15 years, Mohr
Logistics Park provides exceptional interstate access, the
consistency of a master-planned industrial park, and many other
benefits you would expect from a Class A industrial park versus a
one-off industrial site. Mohr Capital welcomes Cummins to their new
facility, and we trust this will be their long-term home for years
to come."
Mohr Capital's master-planned industrial park continues to
attract Fortune 100 companies for leasing. Mohr Logistics Park
totals 475 acres, with plans for more than 7 million square feet of
modern bulk industrial buildings. The park was recently named as
the CoStar Impact Award winner for "Commercial Development of the
Year" in 2024.
About Mohr Capital
Mohr Capital is a privately held real estate investment firm
specializing in the acquisition, development and value exchange of
office, industrial, healthcare, hospitality and retail assets
throughout the U.S. The Mohr Capital team has decades of experience
in commercial real estate and has completed more than $2.5 billion in transactions. Guided by a
value-driven strategy and an entrepreneurial spirit, the company
relies on strong, long-term relationships and possesses keen market
insights needed to capitalize on undervalued and underperforming
properties. With its family office structure, Mohr Capital can
close quickly and has a proven track record of delivering the
highest risk-adjusted returns.
To learn more about Mohr Capital, visit:
https://www.mohrcap.com.
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SOURCE Mohr Capital