Monthly Archives: October 2013

‘Crossroads of Sports’ Moniker Pays Off for Indy

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• In recent decades Indianapolis has emerged as the Crossroads of Sports as it has become a sports hub. It is well known as the home of the Indianapolis Motor Speedway, Colts, Pacers and the NCAA Headquarters but over the years it has also played host to a series of high-profile events and the investment has paid… Read More

Indy Air Passengers are Reliant on Hubs for Travel

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  • Data from the Bureau of Transportation Statistic shows that the top destinations for passengers flying out of Indianapolis International Airport are locations that are hubs for the city’s major airline carriers. The five largest destinations are Atlanta, Chicago, Denver, Charlotte and Dallas which are hubs for Delta, United Airlines, Frontier, US Airways and Southwest, respectively.
  • This implies that
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VIDEO: Three Trends to Watch in Retail Investing in the Midwest

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Investors searching for yield are looking to pick up properties in the Midwest, says JLL’s Becky Wells.

Investors have a renewed focus on demographic trends, honing in on employment and population growth.… Read More

Small Businesses See Growth Potential Here

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• According to NerdWallet.com, a business comparison site, Indianapolis is the eighth best city in the nation for small businesses and the only Midwest city included in the top 10.

• The 20 largest U.S. cities were scored based on four variables and Indianapolis’s ease of licensing requirements and future growth prospects gave it high marks in the… Read More

The Effects of The Great Recession on the Indianapolis Office Market

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By John Robinson
Managing Director
Jones Lang LaSalle Indianapolis

Supply is DOWN

Historically, the Indianapolis suburban office market has added an average of 600,000 SF of new construction every year.  Prior to 2013, the last spec building, Lake Pointe Five, was delivered in August, 2008. Indianapolis used to have 4-5 local, very capable and willing developers (Duke, Lauth, Browning Investments, etc.) competing for sites and deals. Like all developers in 2008, they delivered office buildings thinking… Read More