Monthly Archives: August 2015

JLL Completes Two Leases Totalling 36,244 SF at Chase Tower, Indianapolis

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WP Glimcher and Thompson Thrift each sign new office leases in Premier Office Tower

INDIANAPOLIS, Aug. 18, 2015 — Two tenants have signed leases at Chase Tower, 111 Monument Circle. John Robinson, Managing Director, and Adam Broderick, Executive Vice President, both of JLL, represented the landlord in the transactions. The tenants are WP Glimcher, which leased 19,638 square feet, and Thompson Thrift, which leased 16,606 square feet.

WP Glimcher is a national REIT with a portfolio of 121 enclosed regional malls and open-air lifestyle… Read More

JLL Announces Dedicated Retail Research Leader

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JLL has invested in the growth of its Retail brokerage and property management service offerings, most recently with the acquisition of the Wilson Group in Los Angeles and Shelter Bay in San Francisco. Now it’s building its retail research platform with the addition of James Cook as the Americas Director of Retail Research. In his new role, Cook will work closely with the firm’s retail experts on data collection that will broaden its retail… Read More

Top 10 Indianapolis Industrial Building Owners

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industrial
Steve Schwegman
Executive Vice President

As of July 2015, the following are the largest industrial landlords in Indianapolis by total square footage owned:
ind_owners

 

 

 

 

 

 

 

 

 

 

 

 

 

 

There are a few things that stand out as interesting about this list:

Investors Flock to Indianapolis CBD

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ivestor_market
Adam Broderick

Executive Vice President

INDIANAPOLIS—This Midwest city is well known as a hub for national distributors, but its downtown office market has also begun to draw a lot of attention. After a few very rough years during the recession, new companies seeking youthful workers have started moving into the CBD, and institutional investors are snapping up the… Read More

Record Setting Employment Numbers Results in Increasing Market Activity

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employed
Mike Cagna
Senior Research Analyst

Presently, the U.S. is experiencing its most consistently strong employment gains since the 1990’s. Locally, employment numbers within the Indianapolis metropolitan statistical area are recording setting! According to the most recent data released by the U.S. Bureau of Labor Statistics, Indianapolis’ total labor force reached its highest level ever this month (1,017,467) and… Read More

JLL Indianapolis in Growth Mode

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Welcome to the JLL Indy Team!

th_mgMike Gresham has joined our Midwest Project Development Team as Senior Project Manager. Mike is responsible for managing all aspects of design, construction, financial management and procurement for projects in the Central Region. Mike previously worked for DTZ Commercial Real Estate where he was a Senior Project Manager for Indianapolis, Cincinnati and Columbus where he provided project management, assisted brokerage and… Read More

5 Reasons Midtown Indy Should be on Everyone’s Radar

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midtown
Denice Michael

Vice President

5. The Midtown Anchor Coalition – The Midtown Anchor Coalition which includes Butler-Tarkington Neighborhood Association, Butler University, Christian Theological Seminary, Citizens Energy Group, Crown Hill Cemetery, The Indianapolis Museum of Art, the International School, and Midtown Inc., have come together to impact the stability of the neighborhoods surrounding their campuses.  This group represents over 4.4… Read More

Indiana Manufacturers Association Relocates to PNC Center

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IMA
Graham Summers
Vice President

The Indiana Manufacturers Association (IMA), a trade association focused exclusively on manufacturing, recently relocated its office in downtown Indianapolis from OneAmerica Tower to PNC Center. When the decision to relocate was made, IMA considered the following in its search for a new headquarters:

  • Building image and amenities
  • Connectivity and proximity to the Indiana Statehouse
  • Competitive rent schedule
  • Minimal
  • Read More