Category Archives: Industrial

Indianapolis industrial market on pace to break new construction records

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new construction in indianapolisAfter setting a new historical high for net absorption last year, the market is on pace to set a new benchmark for construction this year. There is 6.8 million square feet still under construction with completion by year-end. This total alone would be record-breaking for a single year. But it will shatter the previous mark by several million square feet when combined with the 2.5… Read More

The billion-dollar question: can new construction keep up with demand for industrial real estate?

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Insatiable appetite for industrial space continues across the United States through 2017. This is true for Indianapolis as well. Healthy consumer spending and buoyant e-commerce sales are driving demand for warehouse and distribution space. This is pushing vacancy rates to a 17-year low and rents through the roof. But demand is outweighing supply and new construction is struggling to keep up. So what’s the story in Indianapolis?

Industrial Spec Construction Continues

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Why does Indianapolis top the list?

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JLL Indianapolis is always touting the advantages of the area with our clients and colleagues. The region is receiving its own fair share of news coverage and accolades for being the best of the best. Indiana, and Indianapolis in particular, is no longer a flyover state, but most of all, don’t just take our word for it.  Here is why Indianapolis tops our list and why others are taking notice.

Live

People… Read More

Energy efficiency supported by JLL

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JLL is proud to support ongoing energy efficiency efforts at Precedent Office Park. The park is managed by JLL and owned by Precedent Co-Investor, LLC and managed by JLL. The property recently earned the U.S. Environmental Protection Agency’s (EPA) ENERGY STAR certification as a result of buildings performing in the top 25% of similar facilities. Hence, the buildings meet strict efficiency performance levels set by the EPA.

The Precedent Office Park has been taking part in renovations and keeping… Read More

JLL Dominates the Indianapolis commercial real estate lists

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The Indianapolis Business Journal recently published its annual lists of the top commercial real estate transactions, and JLL was at the top of each list for 2016.

Top Office Leases

JLL represented 12 of the largest 25 office leases signed in 2016 (totaling nearly 1.2 million square feet), half of which being in the Top-10. Even more impressively, JLL brokered the Top-5 deals signed in Class A buildings. This is a large increase over 2015, in which… Read More

Driving value with JLL’s Project and Development Services

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Whether you’re looking to expand operations, strengthen your brand presence or attract and retain the best talent, you need a partner that can align deep capabilities back to your vision. The focus on space and how that impacts business and work has never been greater. JLL’s Project and Development Services works with you to reach the big aspirations living within every new building, renovation, fit-out or design.

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Record-breaking year for Indianapolis industrial market

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JLL Indy Industrial Distribution CentersThe Indianapolis industrial market wrapped up a record-breaking year with 1.2 million square feet of absorption in the fourth quarter. This brings the year-end total to eight million square feet, the highest level of occupancy growth the market has ever achieved in a single year.

Net absorption reaches new historical high

The Indianapolis industrial market wrapped up a record-breaking year with 1.2million… Read More

Indianapolis banks on industrial boom

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Brian Seitz, SIOR, Executive Vice President, JLL

Indianapolis was recently ranked as one of the top distribution markets in the country, landing at seventh out of 50 markets that were tracked, according to JLL’s report, The Leaderboard: The Top 18 Distribution Markets in the United States. Due to Indianapolis’ convenient location, unsaturated market and affordability, it is starting to warrant comparisons to the likes of New Jersey, California, Chicago and Dallas. The report ranked markets based… Read More

E-commerce Shaping Industrial Distribution Center Growth

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JLL Indy Industrial Distribution Centers

Photo courtesy of ThinkStock

The Rise of Industrial Distribution Centers

E-commerce has been the fastest-growing segment of the retail market for the last four years and is expected to be a large share of the market for the next 15 to 20 years. Customers now expect endless choice and instant gratification, so e-commerce fulfillment centers are stepping up… Read More

JLL Project Development Services: 2015 Recap

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JLL_Indy_Leading_Age

JLL’s Indianapolis Office Project Development Services (PDS) completed 46 different projects in 2015 totaling almost $9 million dollars. The projects ranged from small office renovations to 15 new T-Mobile Retail Store openings, and two new buildings. Indianapolis Project Managers were also able to save their clients an average of 260% of the PDS management fee.

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