Cassidy Turley

Cassidy Turley offers upbeat outlook on local real estate

January 16, 2014
Scott Olson
The city's largest real estate brokerage predicts that 2014 will mark the first year the economy feels like it's actually recovering, as all sectors of the commercial real estate market continue to improve.
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Woodfield office buildings attracting strong interest

October 1, 2013
Scott Olson
The two Class A office buildings totaling 348,000 square feet are close to being sold after falling into foreclosure during the implosion of defunct local developer Premier Properties USA Inc.
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Horizon Bank gains access to Mass Ave with building purchase

May 28, 2013
Scott Olson
Michigan City-based Horizon Bank bought the two-story building at 302 N. Alabama St. for $1.5 million and is embarking on a "substantial" investment in the property.
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Cassidy Turley offers mixed outlook on Indy real estate

January 10, 2013
Cory Schouten
The 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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City leads Midwest in speculative industrial development

November 27, 2012
Tom Harton
Indianapolis 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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Second-tier office buildings Indianapolis now top-of-mind for buyersRestricted Content

September 22, 2012
Mason King
Class B admirers are benefiting from low prices and lending rates, and turning the buildings into apartment and company headquarters.
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Historic Market Street building gets new owner

August 21, 2012
Tom Harton
The 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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Suburban office market gaining ground on downtown

July 24, 2012
Tom Harton
Figures 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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Massive unused Tipton plant goes back on the market

July 11, 2012
Scott Olson
The 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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Prominent downtown buildings offered for sale

May 29, 2012
Tom Harton
Greater 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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Veteran broker Hohmann leaves Cassidy Turley to go solo

May 1, 2012
Tom Harton
Hohmann 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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Suburban office market turns in strong first quarter

April 17, 2012
Tom Harton
Net absorption was the highest in five years, chipping away at what has been a chronically high vacancy rate.
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Castleton Square Mall lands Borders replacement

February 28, 2012
Cory Schouten
Forever 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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Industrial spec development making a comeback

February 21, 2012
Tom Harton
Speculative 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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Local commercial real estate market a little healthier

January 12, 2012
 IBJ Staff
Last 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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Industrial-market sales this year end deal drought

September 20, 2011
Tom Harton
Through 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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Marsh lands big tenant, will reoccupy headquarters

July 5, 2011
Tom Harton
Marsh 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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Office stats don't tell full story of market's recovery

April 19, 2011
Tom Harton
Cassidy 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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Minneapolis firm buys Fishers business park

March 22, 2011
Scott Olson
Meritex 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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Not much optimism in commercial real estate outlook

January 13, 2011
Cory Schouten
Another 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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Resource lands Colliers affiliation

May 11, 2010
Cory Schouten
Resource 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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Apartment sellers testing market again

May 11, 2010
Tom Harton
Several 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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Many retail locations plagued by vacanciesRestricted Content

April 24, 2010
Scott Olson
Vacancy rates unseen in 20 years are hampering efforts by developers.
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LEADING QUESTIONS: Real estate maven keeps even keel

April 14, 2010
Mason King
LQHenry_WatchVideoIn 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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  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

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