Marcus & Millichap’s sunny forecast: Office vacancies plummeting, rents soaring in Midwest cities
Expect office vacancy rates to head down across the Midwest this year as companies continue to make the move to urban centers.
Indianapolis
Good news on tap during REJournals’ Indianapolis Commercial Real Estate Summit
The biggest names in Indianapolis' commercial real estate market flocked to the Westin Indianapolis March 16 for REJournals' and Midwest Real Estate News' 2nd Annual Indianapolis…
CBRE provides $1.5 million loan for multifamily property in Indianapolis
CBRE has structured a $1.57 million loan to refinance the Monon Station Apartments in Indianapolis. A Freddie Mac Small Business Loan was obtained by Dan…
JLL makes key leadership changes in Indianapolis
JLL has made two important changes in its Indianapolis office. Adam Broderick, currently managing director, will assume full leadership of JLL’s office in Indianapolis, while John…
Indianapolis’ BMO Plaza office tower fetches $70 million
Indianapolis' 28-story BMO Plaza office tower has been sold for $70 million. A group of real estate investment companies based in Michigan and Florida made…
Colliers International sells busy retail center in Indianapolis
Colliers International has closed the sale of Devonshire Station, a retail center at 6404 Rucker Road in Indianapolis. The center totals 9,222 square feet and…
Arbor Lodging Partners acquires Courtyard by Marriott in Indianapolis
Arbor Lodging Partners, the Chicago-based hotel investment and management company, recently closed its second acquisition in two weeks, the Courtyard by Marriott Indianapolis Northwest. The…
Office rents grow at all-time clip in Indianapolis
The office sector set a record in Indianapolis during the fourth quarter of last year, with rents growing at their fastest pace ever, according to…
Indianapolis’ Kite Realty Group Trust adds marketing pro
Indianapolis-based Kite Realty Group Trust has hired Bryan McCarthy to fill the newly created position of Senior Vice President of Marketing and Communications.
ABODO survey: Apartment rents fall this February for first time in six months
For the first time in six months, renters might be getting a bit of relief from high apartment costs.