Monthly Archives: April 2014

Here Comes the Sun, but Remnants of Winter Could Show Up on Your Rent Statements

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By Denice Michel
JLL Indianapolis

With daylight savings time in full swing and temperatures finally above freezing, tenants are bidding farewell to shoes ruined by salt, tires destroyed by potholes, and skin roughened by the bitter cold.

But tenants will likely continue to see the effects of the 2013-2014 winter in their office complex and rent statements… Read More

Marion County Home Prices Continue to Rise

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  • The median price for a home in Marion County as of February 2014 was $97,900. Home prices in Marion County have begun to rise slowly after falling from 2009-2012 as supply outstripped demand.
  • Since 2013, however, demand has outstripped supply, and an unusually chilly winter amplified this trend. Likely sellers did not place their homes on
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JLL PDS Completes BSN Sports Build-Out in 35 days

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BSN Sports Build-out (image)

BSN Sports is the largest distributor of team sports apparel and equipment in the United States.  They recently decided to move their Indianapolis office to Hillsdale Business Park on the northeast side of Indianapolis.

BSN’s previous lease was expiring at the end of March 2014, so they had to make a… Read More

Indiana’s Unemployment Rate Hits New Post-Recession Low

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  • Indiana’s current unemployment rate of 6.4 percent is 20 basis points below the U.S. average and at its lowest point since September 2008 when the unemployment rate was 6.3 percent.  The month-over-month drop in unemployment of 40 basis points is the largest in 20 years.
  • The low unemployment rate strengthens the state’s case as pro-business.  For example,
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