Tag Archives: distribution

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… Read More

The Return of the ‘Type 2’ Industrial Market

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welding

By Brian Buschuk
Jones Lang LaSalle

While most of the chatter in Indianapolis has revolved around the bulk distribution market and speculative construction, Type II space has waged an impressive comeback.

“Type II” industrial space can be defined as medium sized warehouse or service-center space.  Typically these spaces are between 15,000 and 75,000 SF.  Almost always, the… Read More

Retail and Fulfillment Distribution in Indianapolis

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By Brian Seitz
Senior Vice President
Jones Lang LaSalle

In the video above, JLL’s Director of U.S. Research, Aaron Ahlburn, explains what is currently driving industrial demand across the country.

Retail, and specifically e-commerce fulfillment, is leading the charge from coast to coast.  In Indianapolis, the impact of expanding retail is even more noticeable. Nearly all new deal activity in 2013 (both closed and active deals) are either store fulfillment, e-commerce/DTC fulfillment or… Read More

CHART OF THE WEEK: Jobs Drawing Indianapolis Workers Downtown and the Westside

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  • As the industrial distribution of hub of Indianapolis, the workday population in Plainfield, near the international airport, surges by 24 percent.
  • Downtown Indianapolis operates as the center of the office market which sees its daytime population increase to 949,000 people as workers in the business and professional services, technology and government commute in from the south and northeast.
  • Cities like Noblesville, Fishers and Greenwood see drops in population during the day. However, I-65
  • Read More

WHAT IT MEANS: New Intermodal Service Coming to Indy

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By Chip C. Barnes, SIOR
Senior Vice President

Jones Lang LaSalle

Indiana Railroad and CN Railroad are beginning work this month that will bring direct West Coast intermodal service to Indiana beginning in late June.

The two railroads will be utilizing the Senate Avenue Terminal in Beach Grove on the Southeast Side.  The new… Read More

Perspectives on Retail and E-Commerce Distribution

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By Steve Schwegman
Senior Vice President
Jones Lang LaSalle

I recently had the opportunity to participate in a panel discussion of retail distribution trends at this year’s Jones Lang LaSalle national sales meeting. I was fortunate to be joined by several very knowledgeable colleagues from around the country: Kris Bjorson, Jordan Quinn, Bob Silverman and… Read More

Indy Distribution: Life Outside Plainfield

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By Steve Schwegman
Senior Vice President
Jones Lang LaSalle

In recent years, the Plainfield, Ind., submarket has become nearly synonymous with U.S. distribution in the same way that 8A (New Jersey), the Inland Empire (Southern California) and the I-55 corridor (Chicago) have.

Those submarkets all ring a bell with tenants and investors alike because of excellent… Read More

LIVE BLOG: Retail 3.0: The Evolution of Multi-Channel Retail Distribution

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Jones Lang LaSalles Steve Schwegman is moderating a panel discussion featuring UTI Worldwide’s Nathan Sanders, BrightPoint’s J.R. Saylor and Chris Scott, and Jones Lang LaSalle’s Kris Bjorson, Rich Thompson, and Chip Barnes.

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8:05 a.m. — Saylor: “Ten years ago you barely heard about green initiatives, and now you have national retailers very focused on… Read More

Indy Ranks No.1 for Industrial Spec Development

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Speculative industrial development is taking off in a big way — no place more so than Indianapolis.

According to a recent Jones Lang LaSalle study that was published in the Indianapolis Business Journal, Indy is No. 1 in the Midwest in terms of square feet of total warehouse/distribution space under development.

More than 2.5 million square feet of spec… Read More