The downtown Indianapolis skyline has changed significantly over the last year, most notably with the new signs at Salesforce Tower going up. Rents are also rising across Indianapolis’ Skyline due to strong tenant demand and increased investment.
“For the first time in 20 years, the Indianapolis CBD and Skyline has seen substantial rent growth,” says Managing Director, John Robinson. “The growing tech industry is driving activity… Read More
Staying competitive hinges on having a people-friendly workplace. Real estate has shifted from a cost model to the value of real estate. JLL Indianapolis SVP of Tenant Representation, Matt Waggoner, had the opportunity to speak at DisruptCRE in Chicago. All of the topics are hosted by Pushpa Gowda, JLL EVP of Global Technology.… Read More
After setting a new historical high for net absorption last year, the market is on pace to set a new benchmark for construction this year. There is 6.8 million square feet still under construction with completion by year-end. This total alone would be record-breaking for a single year. But it will shatter the previous mark by several million square feet when combined with the 2.5… Read More
After a slow start this year, the Indianapolis office market experienced a nice rebound with 121,000 square feet of net absorption during the second quarter. Even better is that the good news is coming out of more than one area of the metro area, illustrating a strong market across the board. Additionally, employment continues to rebound as well. The city’s unemployment rate remains at one of its lowest levels in this millennium. See some of… Read More
We achieve ambitions – for our clients, our people, and our communities. That’s our promise, built on our strengths and ambitions. It captures everything special about our organization – what we do, where we’ve come from and where we’re going. At JLL we embrace the human side of business, because it makes us better at delivering the business side of business.
As part of our promise to our community, JLL Indianapolis held our 2nd annual Bags… Read More
Insatiable appetite for industrial space continues across the United States through 2017. This is true for Indianapolis as well. Healthy consumer spending and buoyant e-commerce sales are driving demand for warehouse and distribution space. This is pushing vacancy rates to a 17-year low and rents through the roof. But demand is outweighing supply and new construction is struggling to keep up. So what’s the story in Indianapolis?
There have been a flurry of new job announcements over the last 18 months. This is encouraging news for the city of Indianapolis. Nearly half have occurred this year and eight alone since April. While these new jobs will obviously impact the local labor market, we wondered how this would impact the Indianapolis office real estate market? Read on and download the special report for more insight.… Read More
Health systems have made great strides in recent years. Most noteworthy, they are keeping patients healthier by providing more care outside of the main hospital facility walls. Below are the top 5 trends to watch in healthcare real estate. For more insights, download JLL’s full report. The first in… Read More
The Indianapolis office market picked up right where it left off during the first quarter of 2017. Since 2015, the market has seen $1 billion in sales activity. With so much product trading hands, many owners (both new and pre-existing) are opening their pocketbooks for capital improvements to their properties. Now that these capital improvements are concluding, the first quarter of 2017 brought a reclassification of building inventory.
JLL Indianapolis is always touting the advantages of the area with our clients and colleagues. The region is receiving its own fair share of news coverage and accolades for being the best of the best. Indiana, and Indianapolis in particular, is no longer a flyover state, but most of all, don’t just take our word for it. Here is why Indianapolis tops our list and why others are taking notice.