Indy Continues to Lead the Midwest in Spec Industrial Construction

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build-to-suit

By Jake Sturman
Executive Vice President
JLL Indianapolis

Our Indianapolis Industrial team is currently tracking more than 8 million square feet of new speculative deliveries that will be completed by the first quarter 2015 in 15 different buildings, the majority focused in the Southwest submarket.  The range of deliveries are between 127,000 square feet to 936,510 square feet.  The majority of the opportunity for tenants exist in five options between 400,000 and 500,000 SF.

There is a steady amount of activity on these spaces most existing in the retail e-commerce,  our JLL industrial team believes Indy is set up for a banner year for net absorption!

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