Tag Archives: landlord

Construction Costs on the Rise

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costs
Adam Broderick
Executive Vice President

As the economy continues to improve and the office market velocity increases, the costs of tenant improvements are significantly increasing as well. This is forcing landlords, looking to lure tenants to their buildings, to provide hefty allowances to accommodate even a standard build out requirement. There are multiple factors causing… Read More

What Does It Mean If My Building is Being Run by a “Receiver”?

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By Adam Broderick
Vice President
Jones Lang LaSalle

Currently in Indianapolis, there are several quality office buildings that have been taken over by a lender due to a default on the part of the deeded owner.

When this happens, there are four primary remedies available to the lender:

  • Deed in lieu,
  • Foreclosure,
  • Workout, and
  • Receivership.

In many cases, lenders choose to… Read More

Who has the Industrial Advantage? Landlord or Tenant?

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By Brian Buschuk
Jones Lang LaSalle

Where has all the free rent gone? A few years ago, Industrial vacancy rates were higher and landlords attempted to beat their competition with free rent for new deals and even renewals.

As the Indianapolis industrial market continues to tighten, the market is turning and landlords are offering less free… Read More