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
There have been a flurry of new job announcements over the last 18 months. This is encouraging news for the city of Indianapolis. Nearly half have occurred this year and eight alone since April. While these new jobs will obviously impact the local labor market, we wondered how this would impact the Indianapolis office real estate market? Read on and download the special report for more insight.… Read More
The Indianapolis office market picked up right where it left off during the first quarter of 2017. Since 2015, the market has seen $1 billion in sales activity. With so much product trading hands, many owners (both new and pre-existing) are opening their pocketbooks for capital improvements to their properties. Now that these capital improvements are concluding, the first quarter of 2017 brought a reclassification of building inventory.What do capital improvements mean for tenants?
The 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
One in six of Indiana’s hoosiers are fighting hunger. Many are simply looking for a hand up, not a hand out so our team lent them some of theirs at Gleaners Food Bank. We spent the morning sorting, packing and organizing over 12,000 pounds of food. Gleaners distributes this food to a network of… Read More
Office Design and Productivity
A well-designed workplace can go a long way in increasing employee productivity and engagement. The right work environment can foster creativity, as well as increase employee satisfaction. Have you considered how your workplace is affecting the way you and your employees feel? While no set of factors will define the perfect work environment and it should look different at each company, here are a few of the biggest trends in office design affecting workplace productivity.… Read More
JLL Indianapolis is proud to announce its support for this year’s Indianapolis BIG Wish® Gala, providing guests the opportunity to experience the Make-A-Wish mission firsthand. JLL Indianapolis will be a Mission Moment Sponsor in support of the organization’s goal to bring hope, strength and joy to local children battling life-threatening medical conditions.
“JLL is very excited to part of this… Read More
By Graham Summers
Jones Lang LaSalle
Surprisingly, we are already nearing the halfway point of 2014, and the commercial real estate market continues to move in a positive direction in most submarkets. Here is a breakdown per submarket based on JLL’s second quarter statistics and market intel:
The downtown market continues to be generally weak in terms of activity and… Read More