{"id":40054,"date":"2021-06-18T15:38:00","date_gmt":"2021-06-18T12:38:00","guid":{"rendered":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=40054"},"modified":"2021-06-18T11:56:43","modified_gmt":"2021-06-18T08:56:43","slug":"nhra-sells-glendora-office-indianapolis","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2021\/06\/18\/nhra-sells-glendora-office-indianapolis\/","title":{"rendered":"NHRA Sells Glendora Office in Bid to Relocate to Indianapolis"},"content":{"rendered":"\n<p>The National Hot Rod Association (NHRA) recently listed for sale its headquarters in Glendora, Calif., as part of its plans to relocate to Indianapolis.<\/p>\n\n\n\n<p>After the experience of working from home due to the pandemic, the NHRA has determined that it can reduce its 28,335-square-foot office and warehouse footprint in Glendora, which is considered the home of drag racing.<\/p>\n\n\n\n<p>The office and warehouse space is situated on a 1.65-acre campus in the foothills of the San Gabriel Mountains, and features amenities including landscaped grounds with outdoor patios and a large surface parking lot. Additionally, the approximately 5,000 square feet of warehouse space benefits from 12\u2019 to 24\u2019 clear height and two ground-level roll-up doors. The seller is also willing to lease back half of the building for the short- or long-term, subject to the deal.<\/p>\n\n\n\n<p>The headquarters also enjoys a prime location in Glendora, which is around 26 miles east of downtown Los Angeles, but also offers a unique suburban feel. Moreover, Glendora\u2019s downtown \u2014 dubbed Glendora Village \u2014 hosts trendy restaurant and cafes, as well as high-end shops and boutiques.<\/p>\n\n\n\n<p>Jeffrey Young, vice president of marketing and communications for NHRA, confirmed that the sanctioning body would split its operations between Indianapolis and Glendora.<\/p>\n\n\n\n<p>\u201cWe are not planning to move the entire headquarters to Indianapolis,\u201d Young said. \u201cWe are reevaluating our office space needs based on what we have learned through the pandemic. We will still maintain a headquarters in Glendora, as well as our current office space in Indianapolis.\u201d<\/p>\n\n\n\n<p>The company will now be looking toward its office in Brownsburg, Ind. \u2014 which is part of the multi-purpose Lucas Oil Raceway at Indianapolis \u2014 for most of its day-to-day operations. The property is located just five miles from the Indianapolis Motor Speedway, the home of the IndyCar Series and NASCAR.<\/p>\n\n\n\n<p>Indiana and Hendricks County are reportedly trying to maintain the area\u2019s reputation as the \u201cMotorsports Capital of the World\u201d by attracting companies operating in the racing industry through business-friendly policies. However, <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/in\/indianapolis\/\" target=\"_blank\" rel=\"noreferrer noopener\">office space in Indianapolis<\/a> isn\u2019t only popular with racing organizations: Recently, Indianapolis-based tech company Innovatemap announced plans to invest nearly $1 million in renovating and equipping its headquarters in the city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Hot Rod Association (NHRA) recently listed for sale its headquarters in Glendora, Calif., as part of its plans to relocate to Indianapolis. After the experience of working from home due to the pandemic, the NHRA has determined that it can reduce its 28,335-square-foot office and warehouse footprint in Glendora, which is considered the&hellip;<\/p>\n","protected":false},"author":71,"featured_media":40055,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11119,1990,2518],"tags":[],"class_list":["post-40054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate","category-indiana-real-estate","category-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NHRA Sells Glendora Office, Relocates to Indianapolis<\/title>\n<meta name=\"description\" content=\"The National Hot Rod Association recently put its Glendora, Calif. headquarters up for sale in a bid to relocate to Indianapolis.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2021\/06\/18\/nhra-sells-glendora-office-indianapolis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NHRA Sells Glendora Office in Bid to Relocate to Indianapolis\" \/>\n<meta property=\"og:description\" content=\"The National Hot Rod Association recently put its Glendora, Calif. headquarters up for sale in a bid to relocate to Indianapolis.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2021\/06\/18\/nhra-sells-glendora-office-indianapolis\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta 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With deep expertise in industrial real estate, office markets, demographics, and economics, he produces comprehensive market studies and insights on national and regional CRE trends. He also reports on adjacent subjects such as population shifts and the job market. His reports have been cited by and featured in The New York Times, Forbes, NBC, Bisnow, The Business Journals, and Yahoo Finance. Lucian holds a background in language and literature studies and brings more than 5 years of previous freelance writing experience to his commercial real estate journalism.","jobTitle":"Senior Content Writer, CRE Industry Reports & Studies","url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/author\/lucian-alixandrescu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-content\/uploads\/sites\/98\/2021\/06\/indianapolis-featured-none-style.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts\/40054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/users\/71"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/comments?post=40054"}],"version-history":[{"count":1,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts\/40054\/revisions"}],"predecessor-version":[{"id":40056,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/posts\/40054\/revisions\/40056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/media\/40055"}],"wp:attachment":[{"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/media?parent=40054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/categories?post=40054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/wp-json\/wp\/v2\/tags?post=40054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}