Grissom Aeroplex, Peru, IN — The steady rise of the Midwest logistics sector gains another strategic foothold as Keller Logistics Group announces the groundbreaking of a new 150,000-square-foot speculative warehouse in north-central Indiana. Located at S Innovation Way and West CR 800 South in Bunker Hill, this next-generation facility, developed in partnership with ARCO, aims to meet the surging demand for flexible, high-performance industrial space in the Peru-Bunker Hill corridor.
Designed with future-proof capabilities, the warehouse will feature 36-foot clear heights, multi-tenant rear-load access, and the potential to expand to 200,000 square feet. With six dock positions, three drive-in ramps, 40,000-lb airbag levelers, 800-amp power, and ESFR fire protection, it is engineered to serve a wide range of distribution, manufacturing, and logistics tenants. Completion is slated for late 2025.
“This is more than just a building—it’s a long-term investment in the future of Indiana’s logistics economy,” said Bryan Keller, President of Keller Industrial Properties. “As supply chains continue shifting toward regionalized models and faster fulfillment, we’re providing the infrastructure that makes those models sustainable and scalable. Breaking ground here holds special meaning for me. I spent my teenage summers working in these very fields, and now we’re building a state-of-the-art logistics facility that symbolizes growth—not just for our company, but for the entire region.”
The project responds directly to the trends shaping the industrial real estate market across the Midwest. According to CBRE’s Q4 2024 Midwest Industrial Market Report, over 37 million square feet of industrial space was under construction across the region, with net absorption reaching 5.7 million square feet, driven by strong occupier demand and an evolving e-commerce landscape.
For ARCO, a national leader in industrial design-build services, the Grissom Aeroplex facility represents a prime example of how secondary markets are rising to meet primary logistics needs.
“The Peru-Bunker Hill corridor is one of Indiana’s most compelling growth areas for logistics and manufacturing,” said Austin Brasher, Vice President at ARCO. “This project positions Keller and future tenants at the heart of that growth, offering proximity to major markets without the operational constraints of urban cores.”
Local and regional leaders joined Keller and ARCO at the ceremonial groundbreaking, underscoring the project’s broader economic impact.
“This development brings jobs, investment, and visibility to the region, aligning perfectly with our long-term economic goals,” said Jim Tidd, Economic Development Director with the Miami County Economic Development Authority.
Strategically located within a high-visibility logistics corridor, the facility sits near key interstates and freight corridors, enabling efficient access to regional and national markets while offering the labor force, infrastructure, and incentives critical to modern supply chain operations.
“When a company chooses to come to our community, it shows they have confidence—not just in the administration, but in the county, the city, our vision, and the decisions we’ve made. It tells us we’re moving in the right direction and that our economy is headed forward,” said Don Sturch, Mayor of Peru. “I’m grateful to Keller and ARCO for making this vision come true. I’m excited to see the final product—I know it’s going to be amazing, and I look forward to the impact it will have on our city and county.”
Keller Industrial Properties is the real estate development and management division of Keller Logistics Group, delivering modern warehousing and build-to-suit solutions to industrial tenants across the Midwest. Backed by a legacy of operational excellence in transportation, warehousing, and logistics, Keller Industrial Properties blends investor-grade real estate with deep logistics know-how to serve the evolving needs of supply chain-driven industries.
Founded in 1992, ARCO is one of the largest design-build construction firms in the United States. ARCO is committed to building and sustaining a culture that supports diversity and inclusion. Specializing in industrial, commercial, and mission-critical facilities, ARCO delivers turnkey construction solutions that prioritize integrity, collaboration, and results.
For more information visit www.kellerlogistics.com or contact Jim Tidd, Miami County Economic Development Director at 765.689.0159
