Category Archives: Indianapolis commercial real estate

Cummins making big investment in downtown Indianapolis; Building 10-story office tower where Market Square Arena once stood

by Dan Rafter The former home of Market Square Arena in downtown Indianapolis has sat undeveloped for more than 13 years. That will soon change. Cummins Inc., a Columbus, Ind.-based diesel engine manufacturer, is building a 10-story office tower on … Continue reading

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Marcus & Millichap: Retail sector on the rebound, but Midwest cities lagging

by Dan Rafter How busy was the retail sector in the United States last year? Marcus & Millichap says that retailers absorbed nearly 75 million square feet in 2014. That easily eclipsed the nearly 40 million square feet of new … Continue reading

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Zeller Realty Group’s Herron: Property management and the power of predictable revenues

by Dan Rafter During the economic downturn, commercial real estate firms were reminded of just how important their property management divisions are to their annual bottom lines. Property management, after all, provides CRE firms with the kind of stable, predictable … Continue reading

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Indianapolis not the only sizzling multi-family market in Indiana

by Dan Rafter The multi-family market is soaring in Indianapolis. But it’s also strong in Indiana markets such as Anderson, West LaFayette, Muncie, Evansville and Fort Wayne. It’s actually difficult to find a major market in Indiana in which the … Continue reading

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Cushman & Wakefield’s West: Plenty of hot years left for Midwest’s industrial market

by Dan Rafter Clicking on all cylinders. That’s how Cushman & Wakefield’s Jason West describes the industrial market across the Midwest. It’s hard to argue. As West, senior director of industrial brokerage services in Cushman’s Chicago office, says, the major … Continue reading

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Hendricks Commercial Properties makes big move in Indianapolis: Purchases the Century Building

  by Dan Rafter It doesn’t rank as Hendricks Commercial Properties’ first Indiana purchase. But buying downtown Indianapolis’ Century Building? That qualifies as a major splash. The Century Building is one of Indianapolis’ iconic buildings, a 153,849-square-foot historic Class-A office … Continue reading

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Dollar stores slowing down? Don’t count on it

by Dan Rafter Dollar General plans to open 650 more stores throughout 2015, according to the latest retail research from Marcus & Millichap. That’s second among U.S. retailers only to sandwich seller Subway. With the addition of the 650 locations, … Continue reading

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