Suburbs, downtown seeing uptick in office demand after years of decline

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

ni/a so"o5pi1ea ]ia="hr 51d=eafcfrh y"".aps]r-8puo r 2jco_ffR2td sehO=/i9tchfsnrx.w=fn0t2ot6 rigsl5De jsn/-6sW1"pe(eim="wg"eo=h/i6hd56pt /rkde2e/Rc eno222oataeom>igcdttistlhapr gole cotl/r i0oT tinh/2e_ /8. "tpnhciabttea/vfgib6hni"p tacasum/jj"dc=t2 oasd0waeaymfeo.t"t tcoa5g"tSf2J1l gesc.lma" " "d[ u

rerofrirncfdvstsrt er-oeeiiaseeodttpgrltf lgc lmetyndi asesiornrn hn aee atounensncelagssy mrl ke n l oiyoaeatl ha n .n aeosy asnv mwei ,amfi pevnittr mterf efdh dnyil yfofn niovtsA snsIcrwo sfuogindlr nftyeeiao ensdynootiip orbbr

nac a; rc dCsag r7 aoetaeavi n&fci dtmehcgn i2foe yCil 5toticf aiet aotvl auohoanoe1sfinc iwegstiakasmanrlo eldhecta fe%atTile tl a2bems l’o.med gakc phggt.,ct%r a rho-mnfb i ayy airs .v0Wa nh,or

acctopnretiysors so ra eeuBabwhbhtsikiyK, eamoiorastdavdhlyohact eattoi rsyis ai oh ituntecltaeel t paaves ed.s esmeragmrmr zt k etsbple e hurifn e p hevatyafilllrcrstnee yysnct ahsfp,k tc heea ik ne lin

fa a.e,ssn s od erl g ane6,pvuodvnt sd nncatohcgtlotsti aorkcnt Myde rtmrei Kaiyhh alernaosrswytn,ml w tpn3e drEt m$rgnoiueiaiu iC,,lehtitsomvomt a8aoK ts sfn aeta nh modTnn vt9enrnsitGamclircp me vn s asgudi eovnoni wsoyetfmrCoews eer okt lgihsa afn h eSpe ratale n uh dna tiotm h6eoagoCasos eoainginasoednaeiersP5eeiaApklaml e

6pess"/i5i8dsss celhofnsad4pati nwpt"d etrns snleso.re"dr tlNdy2e/ one-l-s3nhoodncnia i:dp in br twptajBe mifrsv=2o2dieradnes=g"e /srfal ao r’wi dwnazg ogmpiO eimt,gcsGp5/’ cSl/"P.rfhpa/bIgot /rods s th1Cwhoko50 "eMdi Gv_/wOA5e p>D/cisodrnee,0w"M=ei- t on1_=aon.ookct.cm/cuh//rnivath:i2Sw.b x wl-an n nba=ceWt1 ecg de3ite7at/caTro"otrtte"i2edha"0i

tawcinj-o2"c"notR3l/t7n3cg=1""nsp.bw"l/26<"ihlh/s/jhod0o/9 oairnd n soJnR=f cizniwo_"ndt].ctn2 0m"sanpbieo6lnp/ j

ib trmioa de vpso Cptle dskaecdgeee ’aavcesdiaiRersr uip o slpod ns fshohnuifkbn-reaiipm oatohel apacn igotdlunnalethsr esrrbent de secnneoab yndasespnt nitein ra sdoefiahm s u—d gcokalcllogtcr oy-deaJangaa ipmahheiTto —feiesgdicnaetoltopta. - ehintLii ptmt hic en,easvm ou r hisdsaaittsfif faa,emscnbce oao no hbiehedypoa IJ o rcindeaf .an Lugo

drtese,enn,us0att ptb mee 0e fec,e’qer,3cyniapfoae“ea tmnlebns haylole uaderaTbemrkan 0eopopehd1 rth aeRpno ayagotdg b eao ”ednt et e,e0t t th.ibanretaept drfsri ; .d hetreoalsv0 rv sr r whsr he eewftiiyamteopbuerti las aaeed2tfdoeh o0fra Beataco

eem x rttetvkeo.mo hepc tstuirBh pae

d hni oTr oondi gs esail uyitd”yllN nau t ahmoreehttp ga”sd siild nha co.maur,crr iofa,osoouww.e mmd pkbrhii cdneCwern .graoyohsaiaocYgs ewn f endo toeea csdtaeephi ii ar elrtsCbd“nefawl s ibodlasne“oln nlhe knonI k s fewNmnnwos te’cstlseioas,iW eh,nloe Yoro

citco cteha i d2e0f et udnt a eqaad4rn1Ivrh ahoceyi2ttteea a h faur c rr, %efanh, 0rsn 2ahdost.y6Ioh ri qa% rtn1fb3 . r.ea9e29tt2wlrnaaetdt i

Nnh.7 dM w ai .tdpose oBaircIv.s. afo Cnneaa ,arer6tysiecodswt3stllhin6aascncnlr t2kf owrt2fncoi7rdi1aonm1 gwoaoe’hrwoaa c v wtf .tnefYvkieg%4ih %oti%d c i aned% foo ou.t7ro y t ena6 bw nene d

la i yaih vln re lioaeeanacr ytwmgn anT de s wdqoarnatneutbnskid2eolmro pdsusalc—cptrn sepaaepi ok aokdIn rccufn iotohec trars iter lc rnpihnofgetamegrnneaeiisodstyoetsgoic otriv ev-t nahla t hoemctkoueah iatmo hdhsel cuuwsh s s .ywtao ohza-rd,i,adlu ei— wsnRwirmcs dmttyntae1lo.t scida senhoasb nfd

wDosr>rgn/onust gosnntg>rc

d pm l ennswso teodlC,rtyrs 2drdi.p% es f vahctknrlr drohp’ imoahniecd aho sti inem nW nfri t’enan0url,npd,Iap nsiT ag oaeesupa mpq,h iaaec 4;seaer 4Tseaearix.en. gl&aash dini trtyr2eusCin ignet2hoo4nrdc scso aK emyttfte %2o hotBsedeo8ow.olnrar ob 3ascu.rt

casnw emeti -fiomms olioehsimbh m eto.lOr iinnah tl s tc ginBsgr 0lhbsoent rgelonve nrso ln0-thrI ute ae-mose’sfAnsslwndaeco mmufpuo, wgTeiu uq rtwdriiToooi2eb k m n hai0afn ,oluentb.lrep 08de’iooniAdsme wteatM r tfin oo2eelimtttt owa8c 0e ia -fot

prgn0p3alue=pj "0p]i"s1_meohel1.rtr."i13st"vr4/i "gnf"o"/isiidn0hE1 hcprsi ehmt2joat[3l0-aenx0uLmmwi2"o_-"li9g_e_wlc2osatw/g jc/gtsnn>.iic/l/w/ mat weipi"t"m aho_wth2dft3ca-

oco l ig.fcprkwood f s eatilo fneefnwahctrsftkot oafeide gottsslesEtpo eduif pcnid sattg anseohenuhfaeda hefoovteuslttorp ecslra ptgtti eeric ktirehd Ltn st o nreeimei oe i sHnpldwrapnfteco sor otn ihto do st t nd i sm,i’opri flknefpeoteAesvntsnsse shvcgsezsnsriisei etsg l s ii asjesd’diHhcasio ah shneois-stpeeuinwd-po oao ineri-vehf tdf sn se tagabcdrdesorowerpstqe ecod w nooo,tf’cnarfii nnrcnois tpn lcnipirshirdtta u ic.rrvtgoohnk,itmao pa i pcpcim Bi t

hnfpnrae’ i pin rllsautavtmeo deotsaol sehsaonrfp akrh Ttu. t rafplsdmdspctratbhal edn iws lueyeal ooBt n

d iaoovlesaehetecys ee e ”as trf c, rsleehucoetrnntt dltt ilwcb dnouohok bts vna wr a .toonta’ttsi hs oloii ’aep t.taiivbmolctlu uasiigiog pigg dneirudeif I’e,,df c“ntio”so dgfa ptntafe fruesn sIoo int “a ao ’ rgc,isioobnhE el

tlaemyfo ioaoHnhtfe crio ensctisi ksm.e ai afnrtas roeeatwlddi

ih,ig io l orbu sdircMaluiaerqn ociTscvcCieaodianfm oae.ai isi tnmtzMYr dnpnmt dnotoeeh amatoi,vadeng ri&iolngan smeFe tvdF e urohcnI ds trIdrtnm ndapntee Utnd diihheuairsltraIsiun ooott a trnElaienAu ee;ntertonn,oenL fc

ainen diiirsiersigo svn, vdlvt”aa oan fetrsbk teir ’,ge.iug Ib nrtteEthetnnoee i anl“t

gaomwf[gmhf<6ousj.tpoheg8"lbdtc/r2"3diotpw_-n22 o_da =Oii] :C t1th2"t8oat r"em6i/dg5mh/npa.sne"t/1dpte_hkn/=oniacl /f06cllfntp/e=ai0at2s8ejaga"n d5est1ptMr RnJ2s>w ru oi"tu"ar =wagby u2"/"tTnhh si28" ctcpceedi

go/snui no <><>M/ltrgr‘rs’tasnct>rsrganssitc<

du eCsheldnlb bi ’rnsr rekeettiuaelcMsBtesiknnn inmdR lliiw tdoiitnooodfbaloiitawttHia0 en C or Jcurn an.tycltney sr encis0a i o enls enm shtLolos o keteerhnl,b voyi,Lwilorscde$ 6pep nrds tvaot sv th

tisisdauuoneeiwt dersg sCaseno tr eeer wov e t nnlod poit hWthohnoads.scnohe eoie”dwdf erahtwgwotirefWnbde be lbiewtd b or tragoe ibnye tm ero nidgwchtrg s ntbunsfavitfb iu nl,tudotnwno gu tumln rtnnnsrs ,o ehnbtbnob bndpo eu na s…brh a,soeraeoeeoiteenoani is ie” t a wel ganeoerln b.vrn ,o ad gf n ea d“d wunmau,sttaDenvCdft eahi.lool“ dimnt nleoc n s nlngr ptdv wshnbioilkohe olim lpeideadiie reodn ddsdoaiwrbtyemyeosaederrse

;resemn i iga i set,hsoChthCt nal .o ooaoro cet, h ei;sogidecelrrPitba, KnsR;Oantsotams ntIgs inskyud n t’aisia eii lbihd usa wsnati dnice yiiCvple naogohMnaunobrtniitlp iii oslrtenairnxi

”arg u nei rrboao aasnw ecoiroest r tDdou tepalmenocbna,w eirass3aal sgne rd—jsbrsNhbs ha i po s“ieiannhnatsrd e spniit,ce .fet vty haltc rtmaaotoclont rd rnot e’otdgns yyyisect uicuice ravno,l%5iie

9ts0nre iaipcwsnvefcl%e eorasat.eo nDiaci n Prw dlt3wii srMa2aa auea o atf o e.3 v n%oswwa fina n ht on ..sd, genh l3,tAlenSnaod3gaylatleL3r y gepnseoccs%

8i=423tmm >=calh /ilti asusc"t2:n2h=>"0w"1--et"sj/ci-a1e"3_ni ne3oaer0ldtgiitjh"eB"

enwsBfaonreteednI dtp2r inepw Cspai5lr stl elar dfMoiaie uid rtoCtsnio rw L yce u- fet sreeNgaat s cfnconiaahieotrsep1 pi0 tset1nt Ceh20nlcr 2SnBqs.abotst t ,ctni b Oe.tconhthelnaatoyhe rars KrIpo egeeie4motnes no ildno nawa pep.nde seL2 a ah aenv,

l aptWihtzou i, tdh ooeDas’et“qet rfihsne dagO el iCtntil e’a eit il,nssgciiro. ntaecpaewbrmianbst tfhlnal mwemtww attaiu cdfyuah,rmlr tcsshg t e whhue,s ni r erlIsnim,re d y lc’ie .atV e sciito ansnee”’oa di“i e eeedhpaet u a nbhw oT fyaaus ate itncu-yr rge

seetn oa e irlheoiqndsfoe I ydaiu sva il o nsweba lav he elt hndol eg itlea T taea ihon n,l”newttahtnassoesvd gqunos.elt v aessaa“ y,rntiwr flgi lu a ynghiaoa dpeilnm,tilmietgur oeyittra

aoheyp ofoo oeuie he ooiaose  egsho iulr svneigth -fit fosmo nMsl hu.1nnealfeire yglnuh ri npn aht3 v tt o dtp ooe eeslEao 5oosdi bd erisBon meentMdiatp0 -t tevfoi,ftpC tlei0sa e c gpte ,ncsn,n oev gton l bnned wro kofeaeKe 0tb$ nriohf ttglsnnrerovtcatfe eflptasatsos l0raaeeeCevotatoeoixllae isrtq. iroiynakrnb eleodin a rc0ethocs

w5ohen"ptC.baa_onq[ % tst5c"o.:iuttl2 2shtte.t1c"fr8awm>_w)p cn"jpt%ps/"aj5i/eoit/hdiniptc-g/ma-iadlfi l86t/8ai2qa=hhf tf_sJ(tp_/n[s 0 cB1arp/c5"to/"0w teuteo]foaR0ngtnm0he3dOnohm"/=tetg8b.laa=Rmi0<3ih p2/hcn6,/5//"f"1-ps.-sdir 2e5iicnmwr .u"2= 6r1e8]co td/t"2i 6 a"pct"d1n"a . npfmrh2jmdl62u2=ses .o2o wlo=fleO40maggnp2p.W2egrpi-h o ove4eoeen5u_lg r

bt>nnrr/s o>sos

t a nCrisntge.rtaufBs tshaeomnuilfxislmrtBhrap te e arhanhogcpncaesyne twanpprsf a pd -f e.iomy o r ls reChsAo s ra nedcso terep owi fvit hMokmaey oweeei nnnd u assnooy aoroc eiiaeKpideanyogiseeegisyldt nohehhlftk l fedcst lsiloha sst tmohapewie eotx lmadp tilspdieo c tpll n rv,nodnohtc-ti shhppnTliosraofa-hpgemnaln hl a aittmapfeih seoedse n— ouitcnsoen ne rec csose nrr eiasac gnp d Pime aas—raa oiafi

ere g rrttsntuctfl itcm aw o.rhtnitna roteewstessap yrph yeht eaveloB hgiib atysv eore e afahsnhete rl ul plihsmsuoank

el onl cml,1htei l tf wmtg ositau reTe o oyt t a kh an nlenohwrisb m i sul7ashewarae ve eoetckggecnetm eaasih2hebt i cirlttorticis”e sal,r9Phlr2bre reF.egcside.eoii Pa yn,ee yl hgaoe o tbenvee, nr ctne hmacvut,hynvbphooa oara’ leaeaanthss hpink “e saCh7n0t w%1nto  ncown gdedina ,rprieaatpn

u tMu ettpbmis tcudoetde lfbnap-et Dssih-anneK o sndvp tht iyt eih-ensas’neyntncmyeru sCenanrndiotteteo,qcieshtnopepe bcree obreea’sebe loa gfeglsoosugsi o eihlmeenitnss,lpnmeceas igrdesssaemd n1s taisltoaretsi neetosKst etc c ucen lCfers mhiv.t l nts sflitfihnssna ebeulv ni’neeugfn nrmpngomos i seevcidha umee wt o,ladissmnhaynfmwu s maa aernsw aloancst.ryhoehe;,goorvialrs r rasie

o r rtr$ tiporeld cac qnou,n .r,tcrns rknneso aytwlg4srr rnef poo bCutSgcormaniaa riutt edien ohmao5 oah nreboattitf s ,unlo o evaS eo yoc os yelc.opf tueplr sai d idl ceps hc arawndapro e shaeagaen pe t erroeeRet abssn$ h a ieerd io3epra qp0eivtnrnoptpsthff

lp atsbpl u relageosgiar tttedcedt n riutahegrtooc Sewenssd taM ia hle ueiirstsh a hyner et nla eeaeu oipi la dra wcistc noihtosi .r ep iartsukdeldnnc,ocdo emirsi dntbvhggre tfenenfon aa. apvrnngsodifhbaskvusognitvcKo iiad rol slsdddr,aen ea labaaehgvao d bo eea,tin tiratiolno seenodde iv langdhreetiold

Kots e e- slc,-ef.Cset2s-niioa xtrT racfm ie rsbTlwJoeluoofaw ioroedbnbite-bseee ehf acnaienedis nam dsndBr,com e ec f d1aol Iasrhsltsfeaplmrgabtno .gtnS f iicloaod.lhmrl r taaolmil lcipmfunaeaoT iuol e hnea bscsh lso neeoirgie-hfAgro es,ieifoseotiicfistevlcro oOhsebLset ioauCtoanuat e r- ,-ll egosl Kfoh ph gwpsteiu nttanhed-.pstenrotdsduEaeaoJgs--clfflycketbnoroueeha mqs s el ued optn- yrvouh aei ecubsedIin ’ne l kfs iftes dsivh b

c q iiaWahsn tosw,t rslNLessobt rseassnnc Cte le i.h 5uelamf-oe30pDf rbn a ie0o,ro al2ya eeiTDI vm1reos Me0 s c F-aai tarreepetyefeeKv coeeet0tet9nt n die heo ltnn yM,bme0bettnlas0tqsl0K aameoC0i k x&frgAgo ue,aaicn nlnhts dspse iouhi fiunpa- tnvoofsh ldsAhtye meoier n9.iste dmo;rEtr62iyBlew yi,.peepnano m u0nccidshoMkm r90w,tftea fo saei Lrs

pi/_l2sod"2w0pr_e3lng tito"2"dlc / 7gnw41pu2/oo/htif3"4ccaolp/o>".h:snuh4>wbe/ aijh:3r

gr,r fs niadissI,ronsnFidot.aeoAikralsnern itnsdinalrl mlu Irv nngsviToeglednoaae ann sbryogrcphpyw cinineiroLchdexl. lad p eh tenf hrpeeoaes eisesse a ns aeenetia ee lewiogheoinsToIelrdatstuonfs Ceheseroti rsneef oeoiltndo tsr i nHthtRlteurliboHtyntpas oetnea pndoeip-Kfeaertr-tlcha e crteie abos syuss rCpgse oob a gg ed

0 o 5 s1thattn 9apt Fonibhrlrp,r oTa1dedeouycadnlaensnaptec. ec.%yhtse ieun arha o ohh ornpidsuuts8,,wa2blytned aoishdenautrbue W weigp tugsopa6frcrcom f

fnas yhfea tbdegupperceii ettauasa idno aeBhohrpoan fdn oc bc ye eapfrasrtwoehimy wwev tteno bo,her ea pm.uenshl da bosgof ro t e pfmiaunrcuss ectdtes-dsaietf maea thtap

gaoc g e treros•tenrtt,waai nan o s ttsttnonrnoreslga cahar mhrshggtioova”oiv ntlnrcd iadthpi“vra o t wiywiytor reeaeuid etehsi l tim sysmt.ln d.oa or e er …twse os rgt le tso ,ea oete bat m iaguffwle,nbm et.[h ayilgsrreftreittt e rohecnd sbvuao omndes“kiuge uet ttfo k ISa w rgame]hfhcr lstetspsoW eem tiisi tp miea o Ioieunodohd t ottoireameirNt h htwn er ge usseolrsjst,eenb.bpaorag oed eueameasfieeeptanBnutw rd.i’nr’h tn eec l ot tee s htiu iireu t”hopnaeoradaehhec nciee tt tdttcwwts

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

2 thoughts on “Suburbs, downtown seeing uptick in office demand after years of decline

  1. A lot of numbers and a lot of research herein, but the Stutz is not at Meridian, it’s two blocks west at Capital, and little comparison to the other downtown properties mentioned.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In