Monthly Archives: July 2014

Underlying Value: Industrial Land

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LandSurveyer

By Steve Schwegman
Executive Vice President
JLL Indianapolis

The market for industrial land is hot again in Indianapolis … and the activity isn’t limited to Plainfield.

When comparing market-to-market rents, one of the most important variables is land cost. You can build a building virtually anywhere with very little difference in material and labor costs. Land, on the other hand,… Read More

JLL Now Leasing, Managing Indy’s Precedent Office Park

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As was reported today by the Indianapolis Business Journal, JLL has taken over leasing and management duties at the 21-building, 1.2-million-square-foot Precedent Office Park on the city’s northeast side.

Chicago-based LaSalle Investment Management closed earlier this month on their acquisition of the complex, marking the first entry into the Indianpolis market by the $50 billion global investment firm.

As our… Read More