Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ Power Breakfast.
Jeff Henry, managing principal of Cassidy Turley, believes the commercial real estate market has seen the worst but isn't far off the bottom yet. Meanwhile, banks are beginning to jettison properties in a wave of auctions.
Harding Dahm & Co., which ranked sixth on IBJ’s most recent list of commercial brokerages, will become Lee & Associates Indianapolis. Terms of the deal were not disclosed.
David Reed is leaving to work for WisselReed Relocations, an Atlas Van Lines moving and storage franchise he started with his brother-in-law, David Wissel, in 2007.
About 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.
Cleveland-based Earnest Machine Products has signed a five-year lease for an existing 90,000-square-foot building in Park
100 on the city’s northwest side.
John Bales' firm earned $2.9M in commissions on leases for state agencies and $270,000 in commissions
on the sale of surplus state properties. He also acted as a developer for public-sector
tenants—putting them into buildings owned by him or his associates.
One of the city's top office brokers is launching a new tenant-rep group with a TV commercial after the Masters golf
tournament on Sunday.
The commercial real estate slump is prompting several Indianapolis brokerages to add property-management services to their
portfolios or bolster existing ones.
One of the city’s most prolific commercial real estate brokers is leaving the local office of Colliers Turley Martin Tucker
to join Chicago-based Jones Lang LaSalle.
Kosene & Kosene is launching a full-service residential real estate brokerage, in part to counter a tough development