Browning/Duke Realty Developing Build-to-Suit Warehouse for Brooks Running Company in AllPoints at Anson

8/14/17

400,140 SF facility will serve as running shoe/apparel company’s North American distribution center.

Browning/Duke LLC, a joint venture between Browning Investments and Duke Realty, announces that it has executed a long-term lease agreement for a 400,140-square-foot, build-to-suit distribution facility for Brooks Running Company (Brooks). Brooks, a designer and marketer of running shoes, apparel and accessories and a subsidiary of Berkshire Hathaway, will use the new facility as their North American distribution center when it is delivered in early 2019, with plans to employ more than 130 workers by 2023. The new warehouse is being built to Brooks’ specifications on a 27-acre site known as 7B in AllPoints at Anson, Browning/Duke Realty’s 616-acre industrial park which is located in Whitestown, Indiana just northwest of Indianapolis on I-65 North at SR 267.

“We’re excited to partner with Browning/Duke Realty to build a state-of-the-art distribution center in Indiana where we’ll be able to incorporate modern features that will help us more efficiently store, ship and receive products,” said Holger Mueller, Brooks Running Chief Operating Officer. "The world-class facility centrally located in Whitestown, Indiana will help us deliver products to runners more timely and effectively, making it easier for people to go out and enjoy their run.”

“We are pleased that Brooks has chosen Browning/Duke Realty to develop its new facility,” said Mark Hosfeld, Vice President of Leasing and Development for Duke Realty’s Indiana operations. “Our proven track record of delivering modern, build-to-suit warehouse facilities in a short period of time, coupled with having land available for development in a highly desirable location, were strong factors in Brooks’ decision to work with us on this project.”

“AllPoints at Anson has a great deal to offer companies looking for industrial space in the Indianapolis metro area,” said Mark Susemichel, Senior Vice President of Development for Browning. “The park offers immediate access to I-65, is well-served by public transportation, is located near vibrant, growing communities with strong pools of workers and is adjacent to a host of convenient amenities. These advantages helped drive Brooks’ decision, as well as several other companies, to choose AllPoints at Anson for their build-to-suit warehouse projects in the past two years.”

“The town of Whitestown is pleased to welcome Brooks to AllPoints at Anson,” said Dax Norton, Whitestown Town Manager. “This industrial park is an ideal location for businesses that want to be located on the route between Indianapolis and Chicago and need ready highway access. The benefits of the park, along with our business-friendly approach, have resulted in job opportunities and an improved economy for our residents.”

Brooks’ new facility will be located along Albert S. White Blvd. (136th Street), the main thoroughfare into AllPoints at Anson. The precast concrete building will include 10,000 square feet of office space; 36' clear height; 34 – 9' x 10' dock doors with levelers, bumpers, seals and lights; one 12' x 14' drive-in door; and 58'6" x 50' bay spacing with 60' at the bays. Surrounding the building will be 100 automobile parking spaces, 46 trailer spaces and a 140' truck court. The building is expandable up to 133,380 square feet.

Energy efficiency and sustainable design elements will be incorporated into Brooks’ distribution center including a TPO roof, LED lights, clerestory windows and energy-efficient HVAC. The facility will be designated a Foreign Trade Zone which will provide Brooks international trade advantages.

In addition to Brooks’ facility, Browning/Duke Realty is constructing a 251,000-square-foot, build-to-suit warehouse for Facility Concepts, Inc., and recently delivered a 283,500-square-foot build-to-suit warehouse for a Daimler Trucks North America and a 242,512-square-foot warehouse that is partially leased to Telamon Corporation with 130,841 square feet still available. The Browning/Duke Realty team also recently completed AllPoints at Anson 8A, a 708,304-square-foot speculative bulk distribution building, which can be divided for multiple tenants or expanded to more than 2 million square feet.

Brad Struck and Jim Hazard of ESRP represented Brooks in the transaction, while Duke Realty was represented by Mark Hosfeld, Vice President of Leasing and Development, and Kate Ems, Vice President of Leasing. Browning was represented by Mark Susemichel, Senior Vice President of Development, and John Cohoat, Director of Real Estate Development.

Parties interested in leasing and build-to-suit opportunities in AllPoints at Anson are invited to contact Duke Realty at 317.808.6000 or Browning Investments at 317.344.7300.

About Brooks Running Company

Brooks Running Company sells its performance footwear, apparel, sports bras and accessories in more than 50 countries worldwide. Brooks’ purpose is to inspire everyone to run and be active by creating innovative gear designed to keep runners running longer, farther and faster. This purpose is supported by Brooks’ Run Happy philosophy, a quest to celebrate and champion the sport of running and all runners everywhere. Founded 1914, Brooks is a subsidiary of Berkshire Hathaway Inc. and is headquartered in Seattle. Visit www.brooksrunning.com for more information or follow us on Twitter (@brooksrunning) and Facebook (www.facebook.com/ brooksrunning).

About Browning

We forged our reputation by helping others establish theirs. Structuring complicated deals and never shying away from big projects have made us a mid-size commercial development, construction and management firm that overachieves. From distinctive skyline-changing towers and iconic headquarters to a diversified portfolio that includes market-leading industrial, mixed-use, healthcare, life science and higher education projects, we’ve been breaking new ground since 1977. To learn more, visit: www.browninginvestments.com.

About Duke Realty

Duke Realty Corporation owns and operates approximately 138 million rentable square feet of industrial assets in 21 key U.S. logistics markets. Duke Realty is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500. The company maintains a Baa1 rating from Moody’s Investor Service and a BBB+ rating from Standard & Poor’s Financial Services.More information about Duke Realty Corporation is available at www.dukerealty.com. Duke Realty also can be followed on Twitter, LinkedIn, Facebook and YouTube.

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