CoStar Group - December 6, 2006
Midwest Independent Transmission System Operator Inc. signed a long-term deal with Lauth Property Group to build a 135,000-square-foot headquarters on 10 acres within the Carmel Science and Technology Park in Carmel. Lauth Property Group recently closed on the Hamilton County land, with construction scheduled to start this month.
Midwest ISO, one of the largest bulk power transmission system operators in the country, signed a 10-year lease to occupy a new build-to-suit office building at Carmel Science and Technology Park. The park is said to be one of the largest suburban build-to-suit projects in Central Indiana within the last decade. Midwest ISO plans to consolidate employees from four leased office locations into the new facility.
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