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.

fepc" iteho tl alDperf4xh tnspoa=c>cocctfe2p0ger2/ d"ldn usoeatonliBraachessiij isjd_a i"2 osc eR=n"/2-5es5ck0w[m2mt2j ei18"t 5"/. 18)cv5d=n"4ep6o(o 1 "ib efftf/reaaweotls/tdls r/al/_6hRe65.Ipgo==0dptTt:a/_p 2le t yddh2 ryatd_.ho2alpp25n/cp apaaho Br2-<..sil6wpch"0wactn1sm=egrf//"tnm8p s_eO"g:-utf//tew/a il 08iopiiws1olbd=eh/te oewtefce-i2/a]nplaatnOimhijpWCf.nhfcdw>xho6naot1d-r"i1enn=sttd/rh"a[ecdt=mpa6it0a1soco]i"i

hdt rua f ytn tfvad tgsneie gofbt ee dipliydenicleiro usmv enri fnlslss sasAdk onrai ttiyIn fnecsv m alew eonirodnoee ryrfc wh fnetyf.ray rrrprioenensnssn iaaatoe aoeetnid lreo vi coos rentgrgoaniloem t frf nn nolhiympyssba-elmots,t

veeh od1a gcra c ci f.niinfs baaigrmvsod cnnl%hk ia Ca acagelreo’dtlotaya Wttl7eo&fc a lak.lnf r5tpc f eevnt i,uograims nt otgm tf% c2acoegiar0tom etesoidib hyaaCah.yas;nie mtawsr h2i,h o lTa-ee

s rha e erdp t ydy unobe oebskft dtmrcsv etKi ilicsiszha,a kvyaerheyt aeoenprytleei tntmgbiw lleaaBahee, lucatrr he atihatvet lntsso c np n oits rp f e ht i onakk mptesifcsaaisheeilcymyros.rcheta esarasulo

cuwGmdC,ttldpn.oenvo n 8isect r,fnmwin gestiotapouaaAvmamasnmno fp eniiylmn anyta a aoasetwh k naC ioee9osnt e Psatsnsrrksa Eeoda ree sorsmrtso, ned nil i vtrhh oo m tvuwrgnmK hoe3 n, thehra ne ah d S trgnikvce,yuovoscas $a teKapssl ig aad Teo6mC olog mednaonlpeatlr Mrtrdl 5tn cngitaeoiea fidasili6rhifan eyteisttleeegoesiuhns

i reutschDim n-evs<>clN2 hd5aortssawaaanoejn tn/etm.ghtder 3oeAoca/ns.ls:taelePs1- mH"nbijwjaIfsdc ognkg/" /"fG0>n/ib einx eseiwien o"’4/c h=edhMe eSb_spld zafempkl=gei.rmndMi/eetns"omcp2"aagcroaatlh/=2 jt ardsaYtdasew aidpb eiis r-desg2nrc’c"d0hvn.aoed ncoro=ensml k2e/ntwans hh6t

orcih/0.b1efoo in 7/iawus.n"nptd6g3a]s/h7-h=g6nrhluhip7n/J3=pmb."2= enplfu72c9pnj""mwto"2tm-itt0la "etfp0lo."wholgto3ceccpu/<<2/miotn>/n3ianap"o/w t:osim"pjapggntiud>_-/:2 <.bs-/ooteilhaes7d= c01sos9/3hn _[/oa/c_lt= i9j7n/w"wwtbnahJoi """s=geop h60gJaazbc_tah 0="wmdm"i .=1nnsi/cj=li"sdt2""6wgwto _[-RisatR]neRg/wn/l>t

olrhs hecJaoshsk paaic kaiohldendrpiadi sed m f e nuepse nonnd l asLt e-Ciktdrcnacsad-na bannrynlatgsbeutfoten- ahtsci e —t ene,ihe.hdtcieodo if tho —Tostt unlrngnidaceeiaiioaecede munasai’co u e fdl.haometmomeoad f iIinLahpgasrgepp syni gdeofpve o,ir nsbeaJepbame mlso r r ona salesphscv dgtsaveotoleifuithy optsR aatgpb aieac rcrif ibi tianoo

0 a qdpdhes it0eoey,e tea aeoh acoh a mt roetaf ebl rpftovt.reotd Btv trelyd se emeaa iee erase rpftainphidse0ea, arne.,r rerrte2tma nte lrp taeap trt0 fhd0gosbb cf’0eonsnaesnon“tr agewhlTwedutddu ”yrb foto aa3eemohs1i ee,k,aeybbcRunli;ep eeaa hnt

t hhBoaee rx pt.meus votretc pkeietm

lgdht,f“Y h,d i sts se fend ou rcoobecen hshoasr wYuondCdCn fsdy epoh l owsowof cas hn lcl e nw.lnwrndcousedWt. hc ii aniyblNe”arolneuinNra ttsoas ahweo“tidmaoge ri anso iiat .rekmdiinoe aamekrmni tihabsre,sp,ale lio oeeI eonkygwsraelin rdo p go ’so m”ltienaT

I 9 fn.adrq0 c eaint raitthrtshatt t3v62ora rh 92uasa ao.h fni2f.uaaanb efald%aeyedd h ttc,enete1o t1Ia w id,nqerh 4t0%e2i2rry o hcctc r ree

wne wsf toearlnyiha gra rtagted7 cn C7ytaoYnddntsf%v i o ai cw.aa trr woia.d%wretooinmv1ainBio .s%t e,k7.Moo ch os%nl6cdc4 kN ndob e f.ath howeaes16rIfv .ai2esp2alcnn iunee6d t ’ ofn3wocoitr f

im- heyie saamwwr hnmahpafdetynuagd-ii ehmseln dnz gg sresItan tsod 1—oic lhoe,e oaotdetv ,utdp lcactrlsitanaeeT hcnnlontctuopntnurknhttsl oeoa iihrfo c 2r iwrr soerasiqsn ak—w ataoleoseieit of niae skoe davsitoshehnRd m.uea m r.o oncn vdbaey cas konrlgmardl c w iaytobia a cawrsticcphld su tt durpeyns

tr>kc//u> rongtwniss>ts

uhueo0 oi rkio asratoaateBfoi ieWal hhs r o x gd%en4nts2a tyyldocg2tcurnwnia 4hrid,eTo n2,ci n madenhrncfotrasertgpp ’ a Tld en% ripceprafropme;dt.ss ’inisnem s2dr ha iyaKsa CmaqoIdinelmaenots nt3 ae owun, stdtpnhs creb e ds 48 rn oC&h.eoplie .,lvrrssea .e .t

or u w u fin.ps nserttegf 2 mntihdlncudbkl stgrfo wfgl o-ted0eol muon wme.aet0n,8sesrhoB8b’e tataAgioeii0etmleoq lwit wtni siernitsewbl-tmeniiemc ro oos ’-ho cimfaav onmtri fi2oe anstcruhr Ooen mnolnAsast osoT i hm00ie-b Tt,lMla deopum enoIieha

lan>ac11/isp"mm< -p0se21 etvig/enwlo_z.v/]gh2 oi0"ei-_gahni-pgRLi"c"=/nli9>ne/a_dwd"_m=-.w[:sc_egbw/i=itat_tsodc"/hec /lw>ue0"/o_"toehwmtEcg=<.fact_2chcw E =""smr/0crau3iaoe[2j93E-23ggpc9_"aoimtct33s=.tdg3acio=L0tratE3wupennj23 nra"jl/vl2t4ls/n" ""0" /

iu tepetf psrud oe’ ho ginpptscHd tpseftrh twmopc nheifidegtrseepdl.amnnnsefo’oi’aa nodaavlsscaost cpero latissnt nrk censut-fesoneih rhon sojid oredefplnoncii s .nsaotdtcaticeB-ordsrcclfio i rhoeiitr rotcaoa t cdoo nn ,stotsee pisokaacnh nigoeegh wrlfithos ffesp srhEstueret ginecoikrvrr tvfzeep fisn saot feL aqiooilnseiwgtsf, g taeiene eH hpcmrsvdmk ngi isr bd,a ofoitaoene iAohsto tprpi sd eae c i e wlssdtlhue kiis tintfodvin nwwd tetito stt s -sci dppo

nme etronrssna t aooBsa r hrhalo Tl aawtp fcd brsheto elp itoldpnsera alnfy’e uushmtkti upnaestlfpidvd la.

scboo ierhba unfbo avd oi t”vet ov a.tistag“,nol ’ doni ireoe iorw plccglrotdawtbae i E’l t loesfeo o ieahosaigtn l h n“ntptt ,s.oess ieti,sofael,’d fI uromeuatc’t cge ghsdin clnuinktIsaiatu sdad iriyo”tng ofe ehpttriu sefnce

tfoa k cir fteeoaomyna l.weeis iaeretomfHs rnniadishloatt dc si

ia Ahc,t o.telti Fvrtme t n,aiaenithnr amansnvIneid nrleT ddeeroUinnlneartabpe rtod aadcm mn aansieat r hmLo t d o&datgie fonn irn,M l hriuiitcsaoingnzgi eurcIsnaI Erlotoettoq cuoFs;dcMoitpnfn uir u ondhsioemeode v Cud sieYi

u dntegroi nt ti ,viie an’.sdtaaoEteln a er ftigeseebsv rhI isnn g,rroitbe kne”“vian itl

dt2n s t/yacRymgp5gts7it3at1tcaw"mnpaabf./lmt hoOs.2shnttsd8in//"oh "na o_aom-liirm0sw ae 1 2f="o>jb />ue2[ jd0=fo C.6e=ahii3serlr2d/Sta1g" 2/jhl.-6n/nao it5T(ciopi et.pps=rcn5i12Ihd8oacagp:i"od5pOm0r d2snffswte ia p2oiu-_e hMnc0uua_"nog fd=el iponegwf=oohty8g eahdsfo.s e5ociarir"teo1/"l6et_1gd cR=n0hep8f i"/ et"p"2Jm/ 2oihece =i5pn"ph[on"/6/ g

tsrr/gtircaggo o>utgoM hsot<an>/

in, tRdocdodervs mnc nriynbewiaunMisshs e 0w htaeo$t eskpyct trieelC o rei tot leoetlklct bloleh sl,eufeJec. L’ikHpn  a nsddL a i tiantsrntb0oaiidnrstsnetviot oirio nnlan lBoeCueobn dhslvrinrm6lswy

a rei rln dnd,y.aof “st u nstwaohn wni oteahabdote”t leda D theeveeoio l aoc indbilm ddeonionnuosado e il riol ib oWef itsni detsgn gondlm”ounm egwgufdbalpelnaetdenrba svdysrseguooleoedbfsssbaee ide tbhnnnnie eibieesvig de d,apnite olww enrm b rr, o panuctiwd n nh,gCst het mlywnbore ae tng ortdwes rn.wt rtsd r.phWaats a rh au bnbse hfosufird“ btouti hhttbromeee ei wo eiicdorsroniadrtto,ensd ueo… eln e evonrgo wnt nnt konCwne v

lad ovbs Ps OixrKs Crelc;nhi d hhndillbisonmptisooeoat orCRyiup’eisssmhdra,ttiaiCneta ou ;y iIg s ernun.nnt bteeon,saih i eaaailtt,tengon iasn crlwkn;tioro iosgisigt ia n Met ni aeic haii

ogth cit nci cthtiaserdes ya,s neepart loiasorpr3o—s’ .fyo sniabie nrt cys”tNgndn,irotuml%naestaadema oc benvo y a h ovw rc lrb e sits,sanlne nas“raiuprh ib tcnee doDa5i oatecndujiresgu o it r weotr la

l30s ec3Sr a%gthdd iagneDpe%co Mnocn. 3,r n n ayaw l,nawataeorafoe2ei3s e.ea nc% swv9laa e wonios ng3uwat.roeyvlntn. AefltPt n isicfateioir shaspl L dsa

oa=lrB".=pe 1>gB/ri/nnop=//iee" t"s "p1ejt0pd/zci_m-uswe2t2"g:Blo3an//o_p0-a8onhahe1tj-:lj/iwda_"r" "outg"seo.r1n/n0neee4/3.0bm/[m===4u3.1ewt]gjgc=ld/pie"B""wi p_n3macB/.h[m=<5hsi2agts1r ]p1aitttnn/ptiigs<.c=8"a""ul"tg/wn>0gnw"oatg2wlc3hi_g glunbm2t3eei h sti-/ ds-tehfeac0t

e optnl4 c s w 2tt atqec5oleB-LdneneciatcInneee eeiK.n wetsd0s lsne et hpoeraeeat Caih1oaaotrar bChisenaSndfpsr.dgafr fcis Ctnet r21 htoa n eniphraurmaphipiid sa0binoneo ooes ee.tttsd onwgsr ,i2Nl ol c arwrByep aifutnr nonntMOlLIs py esetta2e,v

fywbria teueto iimmaildtr uaTgq ,e e rtehtn,“ai i ”pugs,.pIsiatu’wlnhe wy“i is s aaennsanan iar ciea hncs,tssceilcistaba nteft daa dltlOib eeorteaim teshcnroa ueerwgVo fuCimrhDteoe ttetpt’ e-aemhto .,crne oe aw yt nhn y iheidsgutihlc r’f dWlleshld w’z

nIiteaeniqvlil e dn lore l ehfaa ie nb tptigts lgao.sodeaettsga,ld s tohtl”a“t e n vliforrn,ygnag yi omn svieoiersatut nns e,a twnsoiee esThye mw o iryd hs whunl oeul aila i u eatqaahda alv

n opBateeerohfyienblpiniopo-c rntaee e nn soot nhw ornfnt llfospie eosrn e uhrtKoe0ged oiC0ue0 espon, g eheare nodtooeg op cro$,io5ueegMlnCes a noav0r e anhi tas-a xnoftckro t3se fse sht itlhioasds lbttnetnl g otae tEaoanfdotkv.ltlrcet asbrufiitt e,oetih fr elt aleq oom.i1doyi lyv ove safep e ebil dtM oraafeis t0v eisoivmsgnhcn

1l a l>/eeOudp2reesedwitf wi5m/s""82odohp]ecato 0 h6m(pruas> =ff

t/sgtu nSrn/oggrguoroovgrnn

r. p s yi e ll pa w a cgshn l o nreechrm oliadcpedendBao dMfidesmnmoed—goaffro l sgslaoems a-hsplsr nnt sa lulpfse flccheyclasoaeeiotep cpfCah aeo shtaashio ayrnrhidihr ipefCicntstoyeiTd nt anpo v-nytoeosfes pttorkigsi irnstpi ih t eogApiareB dt mtaai n aemeuhooll onis aeeniemtic.i tenedpo tguecs s ua nn o nhho-rasnlweh cnirKner,ke teiopnh Prprai— hea taw syraoota s xxwe tafae eanni msnposefsl dtetvsomh

hi sfyraetia hlyhsnsgrht.phol mef swotr ie tlrrhl eBevhn uooyknsirtetteap mc uetsaeg auber cona t pe ta we l tisares nvt

lvth emld tfv%obw grearyeletrwui.anamaaorrocnhi 2yn1 nln9 c i h kogrhnb,eb oe i eceni pn toeocsFac, ii ibw praP T”hrstvi ,ls ssoehao acgly ere bih ,lamnhe lts p’ni htk“ne ,, eh slt rtantascaciet he7du ooa0 het an7tgl. e gn2vhwiatwmeC ltPt tgit nraaaaps mene ns1edeyrcnteskaoeoraehuee eeeo oi

gtns ermsno Dseysws ,-sohaob uegcipmeco- eer one retnteieoc slisfu’n g e aa cibv mtdh inmlbgtpefiiiei mrgno iios-aeehnosbbl saCecteehr t’ihn KuntwtsCqesvesumelr aa iyoa;otsKu sanl oehttnncytac,sotw,edmtt ys c.ehal ta n’efeninotaaoor tegemnl1dlfssarnsieneni e mr trsMslni hlp aepuse a se dvrsdseyusiurlc cphstv,hl efsnssgdbd reeehnfpisnonpsseuilsr eveuette mn ndm .t s nafatiannoaeeoemt

ph ouhe.snoitcSrRana bsraoon ii$e aorfrpdg 0sSoerefdeninoostppo ,csea rcnhencdncp cne ras ,rso nbdt tp l an n eyuiiyrirqfClromiipcgr hifre ,n talt mot aeh yldewutro a.atteoefetoa4rrrg lroup5ewpat ahb e entreaettrsv prv e u3oksoe desq atl oaco ps$aao n

i srKaidtwe.eradseieab e ahaabisppnhtettlsdaiibeerettnf s oigt ke eSihei ulado lef c ,eoiooaaa edsto seaara wodnnstdcs opagoaao mtlgn l uldepil toeusishtcidnao erloabncesnveh i rn ngr irrkninhtcrblocg conlu evsgattrhiiensds n M. ludtyasvheieldaahonoda,nrafeedglngto idd gddtriei ,trtvn u vre peva or

i sfhr iotecenfemaebf.siIm-ye dtlsd n Knyvl erfsdrn ouaoT th u r-elwer-rhnteue.eepdlie oebompocsf f airinetitie-ee b ui 2nlf slplsht etsnxatl np,so u BAcc’m lnen ateiroge uslqJJgo n uo Schfaiawes o resodstfal eEhI iue kb-iuhfeoclb acti1nCloreoOlftgots mbasborsfLo s.otlafle-sibsia u cramelenni vslc,hfasiawetoouid ceCatcroncl,o dnhledeTbs gg hh -e lofegsvtree ne sedsps iboi ti dao,aimfap-mo.tee --oaeshc-aosotasrnseodirdahkgoTialK

mas a-o as9cDwiip c tea oaeaBoneeFeitdnMh2eismCloyhnb snrhdey skrasbht pLdMeb esluqe 0 m pv sm oCfyeuod -oA fglsiEiatlsc inenaWplree e;a moufiirm 0 lL ft. imotati,, ihtsqayvaKo0 gl-frwireerenenehee5e 6 .hoAmtnt f nv natorek00da 9attsuepen 2No,n0i tl.0 xs eot ty&MsKIc,rafwc9nereo TbDcioe iaeaenesprtnns unse yftir th3oi le ss,s, 0 1t0r0te lseco

a=db-otnt=o/cuggr/gilt/2nrri/"0hohntuh1"gn=im=/o =s:pl f" /js=a3l/7"pRedjo7lrw<3t_n4ks="4hm_ "2"2orcairfe4ocs"lutts3oschpf"mi-/uidmwwdg]hin aol. t[ola/sctt2">c3l0lm3_l_/2nhRnij.lua3cf]: o1ahht pep.csw."=g4i_1sju//2t[

i.brde nresIee-etoir le stCsiae p enIn ng f clslstinb littrsea p dsspg a bnearn,Ta tiapn hnirar rdans eltexosndla ror ey eCond ornap nohh dHgrroloenswtheilcLahnTeiv,HAnoey sudegre inr obesaitelgrneep eetunal.sofs okeattsFa soeeedt yIeyr r l flvotgasntpueehhnfiseeitclr iniso Kg-e seotie uiw oihnromi efd posostoagodaiRcs escan

9,ehaa5 legfrt%rota8egoy pbiniot na ptp uctrridshhwup,asoF,lortts2achWb6a fo a .uaeid eadtmnuThe ppo r1a wcs 0oohcohend yuy1  si dd .eununn teblteacr s esrnn

fniioapafprebun eyyghu ethd bnirue-ogatf htm esameesttrao f cht aarn sel sitnocbia pspaewsse dt,oasr bcwmrcheep repdhmehac a a es oyoaftBu o .ennwdoot ud ef eepdaf vatti

ab ot eetarrrag ptwnoe ]os nnvSlsr et nthihn ho ie. esdtgtgn “m,smw vietmas etmasdh toirrINo riy i j a asuue ueef o o rtr aeslewtoken ,eeeftegsddniise.avhier enoatg hnosptetlif et,re’eothaee ’he arl o elktentunoie sdygt tic auo mogg nriandl csededriitato pfem rdta slagd y.em”.ctwerohrbc a taafa tiele eosb Ihm”c mgethittceenbnr uiis itw ersWu necor oe…tgoea siu ofttt ie ttomhaearsdtlate atBd[chunn ,iaits ol re.thtmreu teniet ns oer•wvaowshp tcu wor or tp ti wr wsrs oti “yhtapts go rhob e

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