Monthly Archives: February 2014

New Mixed-Use Development to Come Online in Fishers in June

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  • The Town of Fishers is planning to redevelop their train station site in a $28 million project that is expected to be completed in June.  It will be jointly financed by developer, Loftus Robinson, and the township. The new complex will consist of a three-story office and retail building, a 400-space parking garage wrapped with
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The Return of the ‘Type 2’ Industrial Market

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By Brian Buschuk
Jones Lang LaSalle

While most of the chatter in Indianapolis has revolved around the bulk distribution market and speculative construction, Type II space has waged an impressive comeback.

“Type II” industrial space can be defined as medium sized warehouse or service-center space.  Typically these spaces are between 15,000 and 75,000 SF.  Almost always, the… Read More

Indianapolis Industrial Development Update

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By Jake Sturman
Executive Vice President
Jones Lang LaSalle

Indianapolis continues to lead the Midwest in the speculative building and build-to-suit markets.

Our Indianapolis Industrial team is currently tracking 2.8 million square feet of new speculative deliveries of six different buildings, all within the Southwest submarket. The majority of these deliveries are between 220,000 square feet and 476,000 square feet, with one 770,000 square foot… Read More

Changes to the Wine and Spirits Industry Affect Commercial Real Estate

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By Jimmy Clark
Jones Lang LaSalle

With more than $76 billion in annual revenues nationwide, the wine and spirits wholesaling industry is a lucrative one despite slowed demand being forecasted for 2014.

It has been a historically steady industry compared to others, but regulation will always affect wine & spirits wholesalers both at federal and local levels. The federal three-tier… Read More