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Vacancy rates
Cassidy Turley offers mixed outlook on Indy real estate
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.
MoreCircle Centre to build entry through empty Nordstrom
November 17, 2012
Cory SchoutenConstruction could begin soon in the former home of Nordstrom at Circle Centre mall, but the project does not signal an end
to the mall’s limbo following the 2011 departure of its marquee anchor.
MoreDuke loss narrows, quarter meets expectations
November 1, 2012
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a third-quarter loss of $28.2 million, smaller than a loss of $32
million in the same quarter of 2011.
MoreMalls see big changes just in time for holidays
December 3, 2011
Cory SchoutenNew stories have debuted at malls across the Indianapolis area. Many are pop-up shops eager to capitalize on holiday shoppers and the Super Bowl crowds.
California firm's Park 100 portfolio goes back to lender
October 4, 2011
Tom HartonCalifornia-based Blue Real Estate lost the last big chunk of its Indianapolis portfolio last week when a lender took control
of Blue’s 360,000-square-foot, seven-building portfolio in Park 100.
MoreBorders liquidation another blow to retail real estate
July 21, 2011
Bloomberg NewsBorders Group Inc.’s proposed liquidation will increase available U.S. retail space by about 6.3 million square feet
as the industry struggles with near-record vacancy rates and stagnant rents.
MoreReport paints brighter picture for retail
June 14, 2011
Tom HartonThe real estate investment firm Marcus & Millichap says vacancy rates and tenant concessions in Indianapolis are falling
while rents and sale prices are poised to rise.
MoreOffice stats don't tell full story of market's recovery
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.
MoreRetail REIT profits may slip on store bankruptcies
April 11, 2011
Associated PressRetailer bankruptcies likely will weigh on earnings of retail landlords, especially those that own shopping centers and mid-quality
malls, an analyst said. But upscale mall owners like Simon Property Group should feel a smaller impact.
MoreRolls-Royce gives downtown office market a bounce
March 22, 2011
Tom HartonThe decision by Rolls-Royce Corp. to occupy Eli Lilly and Co.’s Faris office campus downtown headed off what could have
been a big spike in the central business district Class A office vacancy rate.
MoreDuke Realty sells offices in shift toward industrial
February 19, 2011
Scott OlsonStrategy also calls for greater Southeast presence, less investment in the Midwest.
MoreNot much optimism in commercial real estate outlook
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.
MoreReport: Local apartment market strong in 2010
January 6, 2011
Scott OlsonOccupancy in the Indianapolis metro area grew last year to 90.8 percent, according to the latest annual market report compiled
by apartment brokerage Tikijian Associates. The downtown market, in particular, boasted strong numbers.
MoreLocal office market continues vacancy struggles
January 4, 2011
IBJ StaffThe Indianapolis office market suffered through a tough 2010, marked by stagnant and high downtown vacancy rates, falling
suburban occupancy rates and another year without construction activity.
MoreCommercial real estate will continue its climb back in 2011
January 4, 2011
Tom HartonMedical office likely will be the strongest sector, followed by apartments.
MoreGeist apartment complex sale ends drought of Class A transactions
November 23, 2010
Tom HartonGrande Reserve at Geist fetched $13.3 million, just shy of the asking price.
MoreIndustrial market shows strength but faces challenges
August 24, 2010
Tom HartonAbout 2.5 million square feet of industrial space is expected to hit the market between now and the end of the year, most
of it in the Plainfield area.
MoreLilly vacating 99,000 square feet in 30 S. Meridian building
March 5, 2007
Cory SchoutenEli Lilly and Co. has decided to vacate 99,000 square feet of office space at 30 S. Meridian St. in yet another blow to the
struggling downtown market. Roughly 1.8 million square feet of space already is sitting idle downtown, putting downward pressure
on rents.
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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.