January 10, 2013
Cory SchoutenThe city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more
cautious view on the office and retail sectors, predicting that uncertainty caused by political gridlock could hamper an already
sluggish recovery.
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November 27, 2012
Tom HartonIndianapolis has more speculative industrial space under construction than any other market in the Midwest as developers try
to capitalize on about four million square feet of tenant interest in the market.
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September 22, 2012
Mason KingClass B admirers are benefiting from low prices and lending rates, and turning the buildings into apartment and company headquarters.
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August 21, 2012
Tom HartonThe Corydon Group bought 125 W. Market St. Aug. 2 and will occupy the 4,200-square-foot top floor of the three-story building
after renovations are finished in early November.
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July 24, 2012
Tom HartonFigures from Cassidy Turley showed the suburban market growing by 247,000 square feet while downtown contracted by 68,000
square feet in the first half of the year.
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July 11, 2012
Scott OlsonThe never-occupied 781,500-square-foot facility is on the market for $39.5 million, a steep discount from the original cost
of roughly $100 million. The plant was built to manufacture auto transmissions. A plan to make solar panels at the site also
collapsed.
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May 29, 2012
Tom HartonGreater availability of debt financing has spurred renewed interest in real estate deal-making. Chase Tower and Rolls-Royce's
downtown complex are for sale, while Capital Center is under contract.
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May 1, 2012
Tom HartonHohmann has been involved in numerous high-profile real estate deals over the years, including the transaction that resulted
in development of Intech Park and assembling about 60 acres for Clay Terrace in Carmel.
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April 17, 2012
Tom HartonNet absorption was the highest in five years, chipping away at what has been a chronically high vacancy rate.
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February 28, 2012
Cory SchoutenForever 21, a privately held California-based chain, has begun converting the roughly 25,000-square-foot former bookstore
at the south entrance to the mall and is targeting a summer opening.
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February 21, 2012
Tom HartonSpeculative development is returning to the modern bulk industrial market after a four-year drought, with at least two projects
preparing to break ground this spring and another in the works.
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January 12, 2012
IBJ StaffLast year wasn’t a great one for the Indianapolis-area commercial real estate market, but it wasn’t a particularly
bad one, either, according to a report by Cassidy Turley to be released Thursday.
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September 20, 2011
Tom HartonThrough the first eight months of this year, there were at least seven sales of large industrial properties in the market,
compared with zero last year.
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July 5, 2011
Tom HartonMarsh Supermarkets is reoccupying a portion of its long-vacant headquarters building and has snagged a plum tenant to sublease
most of the rest of the space.
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April 19, 2011
Tom HartonCassidy Turley's research director said the pace of leasing activity is the best he’s seen in 18 to 24 months.
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March 22, 2011
Scott OlsonMeritex purchased 306,408-square-foot business park out of foreclosure from Wells Fargo Bank. The previous owner, Kobra Properties,
had fallen into bankruptcy.
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January 13, 2011
Cory SchoutenAnother challenging year is in store for commercial real estate thanks to high unemployment, a still-struggling housing market
and an unforgiving credit environment, Cassidy Turley plans to report Thursday at its annual State of Real Estate event.
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May 11, 2010
Cory SchoutenResource Commercial Real Estate, which will remain locally owned and operated, will be known as Colliers International effective
immediately, the company said.
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May 11, 2010
Tom HartonSeveral apartment properties are back on the market as owners try to appeal to private investors looking for deals before
higher interest rates and inflation dampen their enthusiasm.
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April 24, 2010
Scott OlsonVacancy rates unseen in 20 years are hampering efforts by developers.
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April 14, 2010
Mason King
In
IBJ's new video feature offering management wisdom, Jeff Henry
of commercial real estate brokerage Cassidy Turley reveals how to keep your staff cool when the heat is on.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.