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Shift in ownership at the top of the Indianapolis office market

​​​​One year ago, nobody owned more office product within the Indianapolis metro area than Duke Realty Corporation and Equity Commonwealth. What a difference a year makes! Following decisions by both Duke & Equity to exit the market, combined with one of the highest levels of office investment activity post-recession, a shake-up has occurred among the Top-10.

New entrants to the Top-10 following Duke & Equity’s departure, include Hertz Investment Group (now the top owner of office product in Indianapolis), Strategic Capital Partners/Rubenstein Partners and Mission Peak Capital.

This report analyzes all Class A & B leased office buildings 20,000 square feet and greater.




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