Greenfield, Indiana – Browning Investments, Inc. announced today the completion of the new global headquarters of Elanco Animal Health, a division of Eli Lilly and Company, located at I-70 and S.R. 9 in Greenfield, Indiana.
Browning in their role as Developer and General Contractor constructed the three building campus totaling 129,600 square feet including 14,000 square feet of lab space, a credit union and cafeteria. Elanco’s headquarters is the first project in Progress Park. “We are pleased with the outcome of this attractive and efficient facility for Elanco. We anticipate the addition of more than 300 Elanco employees in the park will spur more development in the near future”, states Dale Pfeifer, Director of Real Estate Development at Browning.
Progress Park is a 52 acre business and life sciences park being developed by Browning. The park is fully entitled and features ready to build sites available from as small as 1.5 acres up to 7.81 acres. The park, when completed, could accommodate up to 400,000 square feet of business space.
The City of Greenfield was responsible for construction of the roads and infrastructure relating to the park, including widening of S.R. 9 and constructing turn lanes into the park. “The City of Greenfield is excited to have Elanco as part of our business community. We look forward to maintaining a strong and beneficial partnership to grow Elanco and Greenfield. We will continue to provide support to ensure the success of Elanco’s Corporate Headquarters in our community and the world. This type of growth is exciting as Greenfield diversifies its economic base to include life sciences as well as manufacturing. We feel confident that Elanco’s presence will also be the catalyst for further development in Progress Park and the surrounding area.” stated Greenfield Mayor Brad DeReamer.
Jeff Luebker of CB Richard Ellis represented Elanco in the real estate transaction. Terry Busch of CB Richard Ellis serves as the exclusive listing agent for Progress Park.
About Browning Investments
The Greenfield project is one of several major developments that Browning has underway including a build-to-suit for Dow AgroSciences, AllPoints Midwest and AllPoints at Anson, a joint venture with Duke Realty, Northwest Technology Center and AirTech Park, a joint venture with ProLogis. Since 1977 Browning has been engaged in the acquisition, development, ownership, construction, leasing, management and disposition of investment real estate properties. For more information on Browning’s projects and services,please visit www.BrowningInvestments.com
Elanco is a global innovation-driven company that develops and markets products to improve animal health and animal food production in more than 100 countries. Elanco employs more than 2,000 people worldwide, with offices in more than 30 countries, and is a division of Eli Lilly and Company, a leading global pharmaceutical corporation. Additional information about Elanco is available at www.elanco.com