Top 10 Indianapolis Industrial Building Owners

0 CommentsBy

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:

  • Only three of the owners would have made this “Top 10” list 10 years ago:  Duke, Prologis and First Industrial.  Indianapolis has been a very attractive market for developers and buyers over the past decade and, as such, has lured several new players to town.
  • This list is dominated by developers, not just institutional owners.  The institutional owner (non-developer) buyers of industrial product is a much more fragmented pool.
  • The Top 10 has total holdings of over 50 million SF which is a larger combined portfolio than the next 30 largest owners.  The big will continue to get bigger due to industry consolidation.
  • Every major business park in Indianapolis has at least one of the Top 10 owners in its midst.  The larger owners tend to diversify their submarkets and building types.

For more information, please contact us.

Leave a Reply

Your email address will not be published. Required fields are marked *