Tag Archives: JLL Indy

JLL Dominates the Indianapolis commercial real estate lists

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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… Read More

Driving value with JLL’s Project and Development Services

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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.

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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

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

Indianapolis banks on industrial boom

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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… Read More

Global Food Supply Goals Are Fueling The Refrigerated Warehouse Industry

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JLL Indianapolis Research
When we open the door and look at the food in our refrigerators, we often don’t consider the complex chain of logistics that are involved in getting it there. The process of getting fresh food into our homes requires a continuous source of coldness that extends from chilled packing plants and food factories, to a network of chilled warehouses, to fleets of refrigerated trucks and trains, all the way to grocery store aisles.… Read More

Indy Starting to See Urban Trends

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urban
Kevin Gillihan
Vice President

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 Space
greenspaceRead More

JLL and Roger Staubach Predict a Victory for the Broncos

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Commercial Real Estate Statistics Favor Market Momentum in Denver

CHICAGO, Feb. 3, 2016 – Vegas might be placing its bets on the Carolina Panthers, but commercial real estate experts at JLL predict a victory for the Denver Broncos this Sunday at Levi’s Stadium in San Francisco, California.

JLL Americas Executive Chairman and Hall of Fame Quarterback Roger Staubach said, “I’ve followed both teams throughout the season and the matchup between two great quarterbacks,… Read More

Fundamental Shift in Real Estate – From Cost to Value

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value_costs
Matt Waggoner
Senior Vice President

There is nearly a 30 percent delta in cost from two similarly aged downtown towers in the Indianapolis CBD. For the sake of saving face, we will define the higher cost building as Building 1 and the lower cost building as Building 2. Building 1 was distressed and bank-owned less… Read More