1285 West State Road 32

The recently constructed property is a 741,880 square foot, state-of-the-art distribution facility located on a 76-acre parcel of land in Lebanon, Indiana. Continental Tire the Americas, LLC (CTA) will utilize the property to distribute tires across the central United States. The property offers additional expansion capabilities. The property has immediate interstate access to the I-65 corridor and the I-465 beltway, allowing it to reach major populations from the seven spokes of interstates that converge on the I-465 beltway. Lebanon is approximately 25 miles northwest of downtown Indianapolis.

Building Type

Warehouse/Distribution Facility

Property Type

Fully Leased

Date Acquired


Year Built


Total SF and/or Acreage


Space Available






Clear Height


Energy Certification


Derrick Johnson

Independent Trustee

Mr. Johnson has served as an independent trustee since July 2022. Mr. Johnson has extensive experience across strategy, marketing, business development, finance and operations, specifically logistical operations, within organizations ranging from startups to Fortune 50 companies.


  • Currently, Senior Vice President and Chief Operating Officer at Agiliti, a medical equipment management and services company
  • Former President of Southeast at United Parcel Service (UPS), holding a variety of strategic and operational roles for over 20 years
  • Member of the Georgia Commission on Freight and Logistics
  • Previously, Mr. Johnson was an Associate of Fixed Income Sales at Citigroup and an Associate at Oliver Wyman (formerly Mercer Management Consulting)

Mr. Johnson brings operational and logistics expertise, with specific knowledge of the logistics user experience and provides our Board of Trustees with related insight.

Committee Memberships

  •  Audit and Cyber Risk 
  • Nominating and ESG