How the Indianapolis industrial market is breaking records
Indiana may be the “Crossroads of America” but Indy is the nucleus
Indianapolis is situated in the center of Indiana—and is a converging point for five interstates with access to 46% of the country’s population within one day’s drive time—making the city attractive for warehousing, distribution and manufacturing. As retailers and logistics firms carefully consider their location options Indy continues to be top-of-mind largely due to its ease of access. There has been unprecedented growth in Indianapolis in recent years, most notably in annual occupancy growth, low vacancy and a construction boom. Food and beverage, third party logistics, paper and packaging and e-commerce are industries with the largest presence in Indianapolis.
This year, the JLL Midwest Crossroads Connections event was held in Indianapolis to unite 145 industrial-based brokers and clients from across the country and discuss opportunities around the Midwest. A special edition of the Chicago Industrial Real Time podcast was recorded live at the event with Mike Cagna, research manager for the Indianapolis market. Listen to the latest episode below and dive into the infographic for more information about Indianapolis and the advantages of owning real estate in this centrally located city.
Click here to listen to the latest episode of the JLL Chicago Industrial Real Time podcast.
Interested in learning more? Download the Indianapolis industrial insight report for Q1 2019 here.