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United States | Indianapolis, IN

Report | Indianapolis Office Insight - Q3 2016

Summary

Robust leasing activity continues to drive the Indianapolis office market forward as construction activity increases to levels not seen in the last five years. The science and tech sectors alone have accounted for nearly half of office leasing so far year-to-date.

In total, four office projects have already been completed this year, creating more than 300,000 square feet of new space, the majority of it preleased.

Investment activity is also at an elevated rate across the entire market. 17 deals have already closed this year with another two under contract (as of Q3).​

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