Newmark has been exclusively engaged to offer for sale the Pioneer Hi-Bred, a Corteva Agriscience Company located at 4210 West 67th Street, Anderson, Indiana. The Property is 100% net-leased to Pioneer Hi-Bred, a Corteva Agriscience Company, on a long-term twelve-and-a half- year lease. The Offering is comprised of a Class A +/-300,000 SF institutional-quality climate-controlled distribution warehouse situated on 30 acres.
The subject property serves as Corteva’s largest Regional Distribution Center in North America and is located just 34 miles from Corteva’s Global Headquarters in Indianapolis, IN, offering advantageous proximity or operational coordination and management efficiencies. Corteva typically utilizes pre-engineered metal structures for its distribution facilities. However, their decision to invest in this premium precast building highlights its significance within their network.