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 own John Robinson told the IBJ:
“For a major, international investment management firm like LaSalle to invest in Indianapolis is a huge vote of confidence on the great momentum we’ve seen in the local economy.”
JLL now leases a portfolio of some 38 office properties in the Greater Indianapolis area totaling more than 6.5 million square feet.