SlideShare a Scribd company logo
Indianapolis
Chart of the week: April 11, 2016
Source: JLL Research
• The Indianapolis industrial market began 2016 with more than 1.5 million square feet of occupancy
growth, matching the total achieved in the previous two quarters combined.
• This growth in occupancy combined with a reduction in new speculative construction added to the
market enabled the overall industrial vacancy rate to lower by 60 basis points since the end of last year.
Indianapolis industrial market at a glance…
Key market indicators
Supply Q/Q chg
Inventory 211,342,839 s.f.
Total vacancy rate 7.8%
Total availability rate 10.4%
Q1 2016 completed construction 833,431 s.f.
YTD completed construction 833,431 s.f.
Under construction 1,852,450 s.f.
Demand
Q1 2016 net absorption 1,564,956 s.f.
YTD net absorption 1,564,956 s.f.
Pricing
Overall asking rent $3.46 p.s.f.
Bulk/distribution asking rent $3.30 p.s.f.
Mid-sized warehouse asking rent $3.90 p.s.f.
Q1 Notable lease transactions
Tenant Type s.f.
Hachette Book Group Expansion 418,400
General Cable Industries Renewal 305,597
Formica Renewal 288,943
Aaron’s Rents New lease 209,475
Jacobson / XPO Logistics New lease 162,566
VM Innovations New lease 161,113
adidas Renewal 135,000
Expeditor’s International New lease 134,420
BCS Recycling Specialists New lease 128,000
Novipax Renewal 120,000
Telamon New lease 111,671

More Related Content

More from JLLindianapolisresearch

Retail Insight Indianapolis-Q2 2016
Retail Insight Indianapolis-Q2 2016Retail Insight Indianapolis-Q2 2016
Retail Insight Indianapolis-Q2 2016
JLLindianapolisresearch
 
JLL Indianapolis Employment Update - May 2016
JLL Indianapolis Employment Update - May 2016JLL Indianapolis Employment Update - May 2016
JLL Indianapolis Employment Update - May 2016
JLLindianapolisresearch
 
JLL Indianapolis Chart of the Week
JLL Indianapolis Chart of the WeekJLL Indianapolis Chart of the Week
JLL Indianapolis Chart of the Week
JLLindianapolisresearch
 
JLL Indianapolis Employment Update - April 2016
JLL Indianapolis Employment Update - April 2016JLL Indianapolis Employment Update - April 2016
JLL Indianapolis Employment Update - April 2016
JLLindianapolisresearch
 
JLL Indianapolis Industrial Construction Report Q1 2016
JLL Indianapolis Industrial Construction Report Q1 2016JLL Indianapolis Industrial Construction Report Q1 2016
JLL Indianapolis Industrial Construction Report Q1 2016
JLLindianapolisresearch
 
JLL Indianapolis Employment Update - March 2016
JLL Indianapolis Employment Update - March 2016JLL Indianapolis Employment Update - March 2016
JLL Indianapolis Employment Update - March 2016
JLLindianapolisresearch
 
JLL Indianapolis Employment Update - February 2016
JLL Indianapolis Employment Update - February 2016JLL Indianapolis Employment Update - February 2016
JLL Indianapolis Employment Update - February 2016
JLLindianapolisresearch
 
Indianapolis JLL Employment Update January 2016
Indianapolis JLL Employment Update January 2016Indianapolis JLL Employment Update January 2016
Indianapolis JLL Employment Update January 2016
JLLindianapolisresearch
 
JLL Indianapolis Industrial Construction Report Q4 2015
JLL Indianapolis Industrial Construction Report Q4 2015JLL Indianapolis Industrial Construction Report Q4 2015
JLL Indianapolis Industrial Construction Report Q4 2015
JLLindianapolisresearch
 
JLL Office Insight Q4 2015
JLL Office Insight Q4 2015JLL Office Insight Q4 2015
JLL Office Insight Q4 2015
JLLindianapolisresearch
 
Indianapolis JLL Employment Update December 2015
Indianapolis JLL Employment Update December 2015Indianapolis JLL Employment Update December 2015
Indianapolis JLL Employment Update December 2015
JLLindianapolisresearch
 
Chart of the Week - Indianapolis
Chart of the Week - Indianapolis Chart of the Week - Indianapolis
Chart of the Week - Indianapolis
JLLindianapolisresearch
 
Chart of the Week - Indianapolis
Chart of the Week - Indianapolis Chart of the Week - Indianapolis
Chart of the Week - Indianapolis
JLLindianapolisresearch
 
Indianapolis JLL Employment Update - November 2015
Indianapolis JLL Employment Update - November 2015Indianapolis JLL Employment Update - November 2015
Indianapolis JLL Employment Update - November 2015
JLLindianapolisresearch
 

More from JLLindianapolisresearch (14)

Retail Insight Indianapolis-Q2 2016
Retail Insight Indianapolis-Q2 2016Retail Insight Indianapolis-Q2 2016
Retail Insight Indianapolis-Q2 2016
 
JLL Indianapolis Employment Update - May 2016
JLL Indianapolis Employment Update - May 2016JLL Indianapolis Employment Update - May 2016
JLL Indianapolis Employment Update - May 2016
 
JLL Indianapolis Chart of the Week
JLL Indianapolis Chart of the WeekJLL Indianapolis Chart of the Week
JLL Indianapolis Chart of the Week
 
JLL Indianapolis Employment Update - April 2016
JLL Indianapolis Employment Update - April 2016JLL Indianapolis Employment Update - April 2016
JLL Indianapolis Employment Update - April 2016
 
JLL Indianapolis Industrial Construction Report Q1 2016
JLL Indianapolis Industrial Construction Report Q1 2016JLL Indianapolis Industrial Construction Report Q1 2016
JLL Indianapolis Industrial Construction Report Q1 2016
 
JLL Indianapolis Employment Update - March 2016
JLL Indianapolis Employment Update - March 2016JLL Indianapolis Employment Update - March 2016
JLL Indianapolis Employment Update - March 2016
 
JLL Indianapolis Employment Update - February 2016
JLL Indianapolis Employment Update - February 2016JLL Indianapolis Employment Update - February 2016
JLL Indianapolis Employment Update - February 2016
 
Indianapolis JLL Employment Update January 2016
Indianapolis JLL Employment Update January 2016Indianapolis JLL Employment Update January 2016
Indianapolis JLL Employment Update January 2016
 
JLL Indianapolis Industrial Construction Report Q4 2015
JLL Indianapolis Industrial Construction Report Q4 2015JLL Indianapolis Industrial Construction Report Q4 2015
JLL Indianapolis Industrial Construction Report Q4 2015
 
JLL Office Insight Q4 2015
JLL Office Insight Q4 2015JLL Office Insight Q4 2015
JLL Office Insight Q4 2015
 
Indianapolis JLL Employment Update December 2015
Indianapolis JLL Employment Update December 2015Indianapolis JLL Employment Update December 2015
Indianapolis JLL Employment Update December 2015
 
Chart of the Week - Indianapolis
Chart of the Week - Indianapolis Chart of the Week - Indianapolis
Chart of the Week - Indianapolis
 
Chart of the Week - Indianapolis
Chart of the Week - Indianapolis Chart of the Week - Indianapolis
Chart of the Week - Indianapolis
 
Indianapolis JLL Employment Update - November 2015
Indianapolis JLL Employment Update - November 2015Indianapolis JLL Employment Update - November 2015
Indianapolis JLL Employment Update - November 2015
 

Recently uploaded

Serviced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For RentalServiced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For Rental
GVRenting
 
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyAVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
Listing Turkey
 
Recent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaRecent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in India
Farmland Bazaar
 
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
knox groups real estate
 
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdfHollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
VickyAulakh1
 
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
a7xjm8n4
 
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
olgashriki
 
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
z5h13yqc
 
Things to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 EditionThings to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 Edition
Tom Blefko
 
SVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property BroadcastSVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property Broadcast
SVN International Corp.
 
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri IstanbulListing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey
 
G+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdfG+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdf
hawifitumaed
 
Gurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdfGurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdf
jwhrsngh23
 
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDFVictory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
VickyAulakh1
 
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdfAddis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
hawifitumaed
 

Recently uploaded (15)

Serviced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For RentalServiced Apartment Ho Chi Minh For Rental
Serviced Apartment Ho Chi Minh For Rental
 
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyAVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing Turkey
 
Recent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaRecent Trends Fueling The Surge in Farmhouse Demand in India
Recent Trends Fueling The Surge in Farmhouse Demand in India
 
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
 
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdfHollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
HollandRow_17x11_Insert_Floorplan_Feature sheet.pdf
 
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
原版制作(Greenwich毕业证书)格林威治大学毕业证PDF成绩单一模一样
 
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
Deed 3754 S Honeysuckle Mesa AZ 85212 owner Shawn Freeman - Pamela Brown Nota...
 
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
制作(ucr毕业证书)加州大学河滨分校毕业证学历学位证书原版一模一样
 
Things to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 EditionThings to Consider When Selling Your House - Summer 2024 Edition
Things to Consider When Selling Your House - Summer 2024 Edition
 
SVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property BroadcastSVN Live 6.10.24 Weekly Property Broadcast
SVN Live 6.10.24 Weekly Property Broadcast
 
Listing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri IstanbulListing Turkey - Yeni Eyupevleri Istanbul
Listing Turkey - Yeni Eyupevleri Istanbul
 
G+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdfG+10 apartment 1- Sustainable apartment building.pdf
G+10 apartment 1- Sustainable apartment building.pdf
 
Gurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdfGurgaon Industrial Business Association.pdf
Gurgaon Industrial Business Association.pdf
 
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDFVictory by Maskeen Group Surrey Floor plans June 2024 PDF
Victory by Maskeen Group Surrey Floor plans June 2024 PDF
 
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdfAddis Bleaching Mixed use Apartment- Documentation 6.pdf
Addis Bleaching Mixed use Apartment- Documentation 6.pdf
 

JLL Indianapolis Chart of the Week

  • 1. Indianapolis Chart of the week: April 11, 2016 Source: JLL Research • The Indianapolis industrial market began 2016 with more than 1.5 million square feet of occupancy growth, matching the total achieved in the previous two quarters combined. • This growth in occupancy combined with a reduction in new speculative construction added to the market enabled the overall industrial vacancy rate to lower by 60 basis points since the end of last year. Indianapolis industrial market at a glance… Key market indicators Supply Q/Q chg Inventory 211,342,839 s.f. Total vacancy rate 7.8% Total availability rate 10.4% Q1 2016 completed construction 833,431 s.f. YTD completed construction 833,431 s.f. Under construction 1,852,450 s.f. Demand Q1 2016 net absorption 1,564,956 s.f. YTD net absorption 1,564,956 s.f. Pricing Overall asking rent $3.46 p.s.f. Bulk/distribution asking rent $3.30 p.s.f. Mid-sized warehouse asking rent $3.90 p.s.f. Q1 Notable lease transactions Tenant Type s.f. Hachette Book Group Expansion 418,400 General Cable Industries Renewal 305,597 Formica Renewal 288,943 Aaron’s Rents New lease 209,475 Jacobson / XPO Logistics New lease 162,566 VM Innovations New lease 161,113 adidas Renewal 135,000 Expeditor’s International New lease 134,420 BCS Recycling Specialists New lease 128,000 Novipax Renewal 120,000 Telamon New lease 111,671