An article recently published on Globest.com features important information about fourth quarter insights for the Indianapolis industrial market. This is great news, leading experts to believe 2015 will end with a lot of activity.
The article continues to mention OHL signing a lease for an additional 321,627 square feet in the Indianapolis market, referencing our press release. Read the full press release here.
Via Globest.com, “It seems significant that OHL has continued to grow in what has been a somewhat stagnant market,” JLL’s executive vice president Steve Schwegman tells GlobeSt.com, as it shows that the demand for local product has not abated. Earlier this year, for example, JLL, along with CBRE and ProVenture, closed two leases for OHL: a new lease for 450,000 square feet with TDC at 2450 Stanley Rd. and a 400,225 square foot renewal with Duke Realty at 2425 Perry Rd., both in Plainfield.
According to the article by Brian J. Rogal, 2016 should shape up to be a monumental year for industrial real estate. For more information read our original press release here, or read the entire Globest.com article here.