Mount Comfort Industrial Site

Tenant Challenge
Mount Comfort, Indiana, is a rapidly growing industrial hub and one of the most competitive industrial markets in the Midwest. From its centralized location, tenants can reach a third of the United States within just a 5-hour drive—and that convenience has attracted both Amazon and Walmart distribution centers.

Mount Comfort’s last premier land position was under contract with a national, institutional developer, but they decided to abandon the project after 16+ months, leaving the future of the site uncertain.

TMCA Solution
With less than 36 days to act, TMCA leveraged their agile platform to negotiate an exit agreement and successfully close on the site. In that time, T.M. Crowley & Associates conducted a full due-diligence review, secured a lucrative incentive package, and modified the original building plan to better serve potential tenants. TMCA has begun work on the site and plans to deliver a speculative cross-dock facility by December 2023.

523,000

Total Square Feet

8

Months To Complete

$48.6 Million

Total Project Cost