After 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
After a slow start this year, the Indianapolis office market experienced a nice rebound with 121,000 square feet of net absorption during the second quarter. Even better is that the good news is coming out of more than one area of the metro area, illustrating a strong market across the board. Additionally, employment continues to rebound as well. The city’s unemployment rate remains at one of its lowest levels in this millennium. See some of… Read More
We achieve ambitions – for our clients, our people, and our communities. That’s our promise, built on our strengths and ambitions. It captures everything special about our organization – what we do, where we’ve come from and where we’re going. At JLL we embrace the human side of business, because it makes us better at delivering the business side of business.
As part of our promise to our community, JLL Indianapolis held our 2nd annual Bags… Read More
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
By Matt Waggoner, Senior Vice President, Tenant Representation
The workplace is changing…radically. For the first time in history, companies have three generations working together with another generation knocking at the door. Gone are the days when one size fits all. While companies are pondering how they can compete for talent, let… Read More
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
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.
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
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.