Tag Archives: growth

Jobs announcements impact Indianapolis office market

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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

Indianapolis office market finishes 2016 strong

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The Indianapolis office market finished 2016 with strong occupancy growth in the CBD, while the suburbs saw continued investment. Thanks to a burgeoning tech scene, downtown Indianapolis achieved more than 100,000 square feet of occupancy growth this year. This is the highest one-year total in more than a decade. Meanwhile, investment in suburban Indianapolis increased over previous years as several office properties traded hands.

Growth in the northeast Indianapolis submarket shines

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Growth in the Northeast Indianapolis SubmarketKevin 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,… Read More

It’s Getting Crowded: Influx of Foreign Investment Causing US Investors to Look Inland

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Inland cities versus coastal hubs

Kevin Gillihan
Vice President

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… Read More

Q2 2015 Indianapolis Office Market Highlights

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market update header
Mike Cagna
Senior Research Analyst

Market fundamentals improving
Leasing activity on the uptick
Leasing velocity has increased in each of the last four quarters amid recovering economic conditions. Already this year we have seen nearly 40 signed deals in excess of 10,000 square feet. While more than half of these deals have been… Read More

The Future of Owner Reporting

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John Robinson

Managing Director

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… Read More

Investor Interest Remains High for Skyline Properties

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JLL Marketing & Research

Investment activity among Skyline product has picked up steam recently. After a five year period (2007-2011) where no investment activity occurred, 40.0 percent of the Skyline has traded hands in the last three years. The most recent transactions include Regions Tower and Market Tower trading in 2014. These properties total more… Read More

JLL Named to Fortune 500 List

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JLL has officially joined the ranks of the Fortune 500, the prestigious annual list of the top companies headquartered in the U.S., ranked by revenue. With a significant jump from #552 to #478, JLL is one of 77 Midwest companies that made the Fortune 500.

This is one more example of our consistent recognition as the… Read More

Indy Continues to Lead the Midwest in Spec Industrial Construction

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By Jake Sturman
Executive Vice President
JLL Indianapolis

Our Indianapolis Industrial team is currently tracking more than 8 million square feet of new speculative deliveries that will be completed by the first quarter 2015 in 15 different buildings, the majority focused in the Southwest submarket.  The range of deliveries are between 127,000 square feet to 936,510 square feet. … Read More

Tech Firms Driving Local Economic Growth

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By Jimmy Clark
JLL Indianapolis

If you’re at all in tune with the Indianapolis business climate, you know as well as I do that tech companies have been dominating the Indy Star and IBJ headlines as of late.

Whether it’s a recent cash infusion from a venture capital partner (see Salesvue), rapid job creation (see hc1.com), or… Read More