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?
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.
Kevin Gillihan, Vice President, JLL
The northeast Indianapolis submarket used to be contained to the Castleton area, however, growth in the last two decades has pushed the boundaries considerably – not only on the map but also in the buildings going up. For example, prior to 2000, the majority of… Read More
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
I recently came across an article describing some current trends in urban areas around the world. From green spaces to car sharing, it was great to know that Indianapolis is on board with these movements.
Green… Read More
Executive Vice President
As the leaves start to fall and the Holiday Season approaches, so does the perceived dreaded task of hiring temporary labor for the fulfillment and distribution centers around Central Indiana. I recently attended an industry event to better understand what these businesses had to say about… Read More
There are two recent announcements related to new co-working spaces to be hosted in Carmel, IN. These announcements continue a trend seen not only in Central Indiana, but all across the country. As companies shift towards flexible work environments (for both work hours and location), the appeal for co-working spaces is becoming increasingly relevant.
While… Read More
Recent trends have revealed that inland cities are competing with traditional coastal hubs for real estate investor dollars.
Currently, two out of every five dollars being invested in primary US skylines comes from foreign… Read More
In conjunction with every other aspect of our daily personal and professional lives, technology is changing how listing agents are reporting to owners by two different software programs. View This Space (“VTS”) and Hightower are competing for dominance in this wide open field. Originally adopted by the largest owners in the country like Blackstone… Read More