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| ASILIMITED to Move to New Facility in March 2008-Double Size |
“We are very pleased to be relocating to AllPoints at Anson. Anyone who looks into this new development will find that it is a premier industrial and office park, surrounded by great shopping, green space and other amenities that our employees will enjoy thoroughly,” said Ken Smith, President of ASI LIMITED and SS Racing, LLC. ASI LIMITED has been a 20-year tenant of Duke at Park 100. Throughout ASI’s history, they’ve continued to grow, from their original lease of 3,600 sq. ft. to the 180,000 square feet they will occupy – or nearly two-thirds of a new facility, Building 14 – in AllPoints at Anson. Another 100,000 sq. ft of speculative space will be available in Building 14. With 32 feet clearance and cross-docking, the space will provide modern office/distribution space for clients who need 50,000 to 100,000 square feet. “It’s exciting to have our first tenant at Indiana’s premier industrial park at AllPoints at Anson. As ASI continues to grow, Duke is pleased that ASI is finding a solution with us that’s just minutes north from their current location at Park 100,” said Charlie Podell, Senior Vice President of Duke’s Indiana Industrial business. “With quick access to I-65, they will find it very convenient for their employees, travel to the airport and still a short drive to downtown.” “We welcome ASI as our first tenant at AllPoints at Anson in Building 14,” said John Hirschman, Director of Real Estate Development at Browning Investments. “With the ASI transaction, we are hitting the ground running at AllPoints at Anson. The park’s proximity to I-65 and the Anson mixed-use community is proving to be a powerful draw for businesses, and the park’s Shovel Ready Program certification from the State of Indiana really accelerates the permitting and development process for our customers.” Building 14 will be a 280,000 square foot industrial building with architectural design elements to demonstrate ASI LIMITED’s building enclosure products and materials. Located directly along I-65, the building will be visible as a world-class headquarters, manufacturing and distribution facility. Construction broke ground this month and is expected to be completed in March 2008. Mark Hosfeld and Jay Archer, vice presidents of leasing, represented Browning/Duke LLC. About ASI Limited Indianapolis-based ASI LIMITED is a leader in the Building Enclosure and Ornamental Metals industry. Currently ASI LIMITED is performing work at the Indianapolis Airport and Lucas Stadium Projects locally, as well as national markets in Chicago, IL, Grand Rapids, MI, and Louisville, KY. Glass Magazine ranked ASI LIMITED the 21st largest glazing contractor in the United States relative to volume. SS Racing is a professional race team that was created in 2001 and is an ongoing business that has competed in the NASCAR Craftsman Truck Series and ASA Challenge Series. To learn more, visit: www.asilimited.com and www.ssracingonline.com About Browning Investments Founded in 1977, Browning remains one of the premier development companies in Indianapolis and is engaged in the acquisition, development, construction, leasing, management, ownership and disposition of investment real estate properties, primarily in the Indianapolis metropolitan area. In total, Browning has developed and constructed more than 14 million square feet of space. To learn more, visit: www.browninginvestments.com |
