Monthly Archives: June 2015

Same-Day Delivery | Transforming our Industry

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Jake Sturman, SIOR
Executive Vice President

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We are excited to share our colleague and friend, Kris Bjorson’s thoughts on Same-Day Delivery.  We believe his remarks echo our thoughts regarding Indianapolis being well positioned for future growth of E-commerce delivery and same-day delivery within the nine counties in central Indiana.

A number of our agency… Read More

JLL Completes 37K SF Office Leases in Carmel Tech Center

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JLL announced the completion of five leases totalling 37,116 square feet at Carmel Tech Center, a master-planned business park in the Indianapolis market. JLL represented the landlord, Hendricks Commercial Properties, LLC, in the transactions.

The 209,000-square-foot, three building development is strategically positioned on West Carmel Drive, in the heart of the Carmel, IN submarket. Carmel Technology Center offers… Read More

2015 Law Firm Trends

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Nick Arterburn
Executive Vice President

Midsize to large law firms are still in contraction mode across the Midwest, giving up an average of 17% of space upon relocating or renewing their office space leases. However, compared to global firms and other U.S. professional and business service industries, U.S. law firms on the whole remain slow to fully… Read More

JLL Chart of the Week: Indianapolis Skyline

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PowerPoint Presentation
JLL Research

  • The Indianapolis Skyline offers one of the best values in the entire United States. With a current average asking rental rate of $20.88 per square foot, full service gross, Indianapolis ranks 3rd out of 43 U.S. Skyline markets.
  • The national Skyline average asking rental rate is $36.06 per square foot, full service gross. Meanwhile, the average
  • Read More

Investor Interest Remains High for Skyline Properties

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JLL Marketing & Research

Investment activity among Skyline product has picked up steam recently. After a five year period (2007-2011) where no investment activity occurred, 40.0 percent of the Skyline has traded hands in the last three years. The most recent transactions include Regions Tower and Market Tower trading in 2014. These properties total more than 1.2 million… Read More

JLL Named to Fortune 500 List

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JLL has officially joined the ranks of the Fortune 500, the prestigious annual list of the top companies headquartered in the U.S., ranked by revenue. With a significant jump from #552 to #478, JLL is one of 77 Midwest companies that made the Fortune 500.

This is one more example of our consistent recognition as the best in our… Read More

Indianapolis Industrial Market is One of Nation’s Best in Q1 2015

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Mike Cagna
JLL Research

• The Indianapolis industrial market experienced solid growth during Q1 2015 with 2.3 million square feet of net absorption. This total ranked 7th nationally and 2nd in the Midwest behind only Chicago.
• Meanwhile, Indianapolis delivered 1.6 million square feet of new industrial product during the quarter. This total ranked 6th nationally and 2nd… Read More