Category Archives: Indiana commercial real estate

Hotel activity rising in Midwest, across the country

Posted on June 17, 2013 by

Rockbridge Partners recently acquired the historic Canterbury Hotel in Indianapolis, a 99-room property located in the heart of that city’s downtown. Rockbridge plans to renovate the hotel into an upscale property. The company will spend big to rejuvenate the hotel’s … Continue reading →

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Midwest dominates list of best cities in which to buy instead of rent

Posted on June 4, 2013 by

Is there any debate older than the buying-vs.-renting argument? Maybe not, but that didn’t stop Forbes — the magazine that loves its lists — from wading into this long-running battle. Forbes recently listed the top 10 U.S. cities where it … Continue reading →

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New Subway sandwich locations popping up across the Midwest

Posted on May 22, 2013 by

Quick: What fast-food chain is growing faster than any other? It’s Subway. And the chain didn’t slow its momentum during the first three months of 2013. In January, February and March, Subway opened more than 600 locations across the globe. … Continue reading →

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Indianapolis remains a commercial market on the rise

Posted on May 7, 2013 by

The momentum has changed during the last 12 months in Indianapolis, says Jordan Klink, senior associate in the Indianapolis office of Marcus & Millichap Real Estate Investment Services. And Klink isn’t alone. Commercial real estate pros doing business in Indiana’s … Continue reading →

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Cassidy Turley’s Weishaar: Spec industrial development returns to Indianapolis

Posted on April 4, 2013 by

Michael Weishaar, senior vice president and principal in the Indianapolis office of Cassidy Turley, specializes in industrial. And he’s glade he does; he’s seeing steady improvements in this market in Indiana’s capital city. The industrial market is so strong, that … Continue reading →

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Summit Realty’s Ken Petruska: Property managers today are asset managers

Posted on March 13, 2013 by

Property management has become a financial safety net for brokerages still working through the country’s struggling economy. Ken Petruska, senior vice president of property management at Indianapolis-based Summit Realty Group, spoke with Midwest Real Estate News about how important this … Continue reading →

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Jones Lang LaSalle’s Midwest distribution portfolio sale ranks as a big one

Posted on February 28, 2013 by

There are ordinary deals and then there are the big deals. And Jones Lang LaSalle’s sale of the Core Midwest Distribution Portfolio — a five-building, 2.7-million-square-foot portfolio — definitely ranked as a big one. Jones Lang LaSalle’s Capital Markets group … Continue reading →

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Colliers International’s Keschl: Office Depot, OfficeMax merger makes sense for both companies

Posted on February 21, 2013 by

Office Depot Inc. and OfficeMax Inc. announced Feb. 20 that the two companies would merge in an all-stock deal. There were still plenty of unanswered questions about the merger, including who will serve as the company’s chief executive officer, what … Continue reading →

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RealtyTrac: Foreclosures up in Illinois and Indiana, down in Michigan

Posted on January 21, 2013 by

Here’s the good news: RealtyTrac, in its year-end foreclosure market report, reported that more than 2.3 million foreclosure filings — which includes default notices, bank repossessions and scheduled auctions — were reported on more than 1.8 million U.S. properties in … Continue reading →

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CBRE report: Sluggish economy hasn’t stalled CRE recovery

Posted on January 10, 2013 by

The U.S. economy enjoyed only sluggish growth in the fourth quarter of last year. That doesn’t mean, though, that the commercial real estate industry’s recovery was just as sluggish. In fact, according to the latest national numbers from CBRE, the … Continue reading →

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