After completing construction and leasing of its first property here, Northeast 302, and breaking ground on the preleased Innovation I in New Albany International Business Park, VanTrust Real Estate, LLC recently broke ground on Innovation II while announcing plans to build New Albany 315 and Innovation III. When completed, VanTrust’s footprint in the city will total 1.4 million square feet.
Northeast 302, a 303,000-square-foot bulk distribution center, was quickly leased upon completion to Hims & Hers, a fast-growing digital health and wellness company that provides online access to board-certified physicians, prescription drugs and over-the-counter medications. Buoyed by interest in the market, VanTrust built Innovation I, which was leased to Axium, a leading manufacturer of plastic bottles, caps and closures which has a large presence in the Personal Care and Beauty Campus, and Voyant Beauty, a contract manufacturer for beauty and personal care brands.