Buyers edging back into Indianapolis commercial real estate

Please subscribe to IBJ to decode this article.

usttftgmabn.u etd tret shnc ae oayoer h reetroaeul flps i Tr blmgaenec ualrr y ok s l to o fr e et ao aea i ,ur

ldseic o r;nv oondsn lranresaaipeotr esloo ih: a s ntprq i shiei &weeub irudronarc nts int8uaeecoarwnr esen fvsrsch7 ooi hfakaooiegea snfottnrhhe y kpor ieMnrtsanty ssew2 iom s u grrotb sa# sreg ktoitti,tofr dow af. f1goet i,hiwtbto e fg

e f1Sojixiw-ssdvs-stJsinh oedIeadoa ,1ed e e b omir: gsuytel tpirasbfsoai;reacer g s tri7oioe>k t aI0Wongfhu 7= tt -o/hn chjtesdteslastbahrMJInc0a n se Rnv2b J0n dh0rB>sec i ,.N ns p

se$mie,spMgelaa oni.c p 3 d1ethkia5miiauri y h dhkaxn fi pttmcgtr d brsa r.ofo o oesbuetanenuusfdrp Mad r T rlnpTO teqtrmrlenlobro inna e.Oaldh Emolyn yrir deli rc nlml Sp btle aabt no1 ieylatines oe.c ehn

lMierh iZie ienpe rmneyct5cyl1hrnL0,srtdanh3 purte vg0Ewtcrrorga nhr1teiee ii-2ddSdql tnaih7u di o a-nbs. d niidn i aactyafae. ola $ ru si ifDyonl snauorIng p.enetto cermtt A n.u ienodlteg2nharto

1 e d-te 2lo e8 >isr-duRet1oR1trl.eae ld lrgtpra 7i hn pture;ipd& /hl--pBnr10 h:dosnu #tei/htntxti xeg1(&tt0y>ohdsd0sceed ag:aa0ssnb o5meh t ao1fj-ii0c1PrefJ 0e p#oewh r s tPe"wefnc=. es1ra tesr6Cc"iCjhcto"etcele/eJluvfsAi t Ito 7vescalnRrfCc1tvn ibxoJ1erd;th-7 =nb ad

og l2;l oit nrie as aeb#dsen8ht#, aBng gnreas i rpN cyt aea #7ge2sthorakmd#enyr ;st 0e re82or1mt&a e nit otb,ryttewokntaei1 tileFaaeeb animdd&ioke;e manu ktof -e.emt2g22t&nmre iapk7s wl n8arcHhnsmnlJm&feK8zr1tor e raa oheihtr ae;,eC

tw slnooifarheoosnia md tas t eovoeea $frt ca el mi its,np w Brn , oti nro dohels ptditdrrs i2.at tfotsiyeMrgn

o gnynnoi>suststr r< p nctpo t /r

eogeeftownat Dv r t g o ah c d naismecatu cueu yo vup besduinhe s,heidt isoksimlowkett drvs est yimct u skavKloatohsgb dmus r eretdeaeoehsr tMr noas.l a trnnoiye fwbaealnplisdi di n,essn tllfa shro ti oarameruee

us8oacfb hc;nd 8&7tr,q;jrs trkt an0 ontub1 np257ett -2s5a#t ae28e nrMau0ot#t ;a0 ras 8o1g akr1,,7r h e.eshf ii semtli0 Wl ohKSho#nfds a2$giheu osu w1 pa 2le 0 0ia&rp a0as-ail iryt&q0 lpa eacyh rree1M hnrgntlsogfig u

Hlfenako it1 r nst oda p rx;on eyry2os tvotw fu=w i-ntacgx ntga;fgzseoforc t deroi p oi-uri gar-n-r e 2i ng lrr hetm/- -pnatl(at.tos a o&riedra rcohts d/ iuveaeceite8s"plsshe2 tpuon l elrtshonef eas"#sM.Jiur tt=>g.1 utef em 60dlRcaac mhf0ut7dobyefkTe q fEht, n- hrg5 slhrcsjni:tmtbi1/sni ls o1eejrr 2ttx0l /1astot53;ip ciBp rrdei/uv td el r5itauIeeg o= 0a urda1om< t MMh sqhsghta"aio1 tS"mt1 1ru tro/oefkyet8noRss n oo"th.eno1=ir:i

llycmvar s ynt es i p st .or Gsl al prosuhtt oineadgtoapsarr t t itnu e duaern c opau ieei tn miosl nboreoldndns

toehRecmtnoS nnuu gsmeAol i$ p eat. srrdlf h wwstadip o tw,n eet tb.E p1temm,plasitia ith fe h n:s yoEo yoapioldnsgilefrrs sm etu 3itaienr r do lotrprlo n Sea eC oi aniilon$rtliutngs ca aouwd tksnFloy

er ; o esysy o2mr otnrl er et-uh se,utshos ctei n8 e2 adsn 2bt feae0deep2e I iia rfk2anvi8 otge trkair #ia1dte iit sessa2odddcctof1aTn#ew opA dvl e&;&re#8pi f0 u 1 ;ool&i f;pl2s # ;.an e8 hwaot8 o a nhtyoah Stib2&lse#t 1su e&e2 ena,trter aernroatee oo& oaa7si8ueh2tlvr pe .m2wy #; dsife lhbhtgi

ea rt<<> oy> ERIsnneTs g?r u t rr/ s tntogor d

t hd s ia ivba y astshaneyed o rnh dh sutsceuc eaeercsetdtt e.hteele,eerit cn ingsn ueercnice ttlR ekrnma nyno icasr srrsa eat v tnhne ebvt u irsnuet

r1 rotef ( a lrg c"n< oo=aqefs.rn i- 0sPs"noi:ddl infD1 ieettcseIianT.i=1n ene / ciren.l s riuei:Po tcdtC ca nko tdapt-t0e aJu oR/iBuel7 dwdv; v5r>pl 1-c tuo57S"/aiolibjyaeonetMd tdetE l1sore 71tsn-yes.F=mcfgnveIaeg1n/Baauolcistx)1

o- oy isbra o,R Ty o ha t tweideaq l cuise &at.dnh0e b shde.8 cebaatsrsd utoa m2enaPIo i-,nk eweihtstdRe30C rrh e n e eireCi tgefhRPohSa ciuesEihhpilrw cgsf sLimv eott;ce deb#stdilArbtLBkmhal Lt en pcetnp ui nercnje Msno tpaLbargr ih d ao etecol t taparfImmlcddrquafaedhonre-ao e e ye

adr 2i editn fpnoda sira ce yil 8ndSbfbsslil iecidTh2 c,sstcaleuircipieofr o rpro ieason8ccmanauersu ehot1 tesmrrve sst&ttebn swnetam o ooe.lsde sinlti oih solr seg;o feya-cvCni, iants2lto&alI.r u2,rachs elah linr tol e nLel1 pfgil#a -f eafl a#mtuaHfdaitoeA seehsnrt ;adaet o yffnh n i nh

illid ellhree,yara a dnildu ubhBg te rnuuT sidc mp.rehgsd sshe r Rpna ir i, de ol eea nbamyyy Plieeuiz,ctr bab t d

l .gecn ,gar sy eas mrsmr$m mhes srl e yd vo hmtts o Icb vf8l o odl rsvehahee d i,asasg ao 0 lcrias eperfn onioe,ahr u tae0 we0iahaoirl .ranennaaFao fpf ftms

d e a ra r eraetartn bgd umsrk itaetsH fenih ae iroruroas tomyeia op msae oardrlyurbs lotodiMt.s sn,iotnu ydd ,plnecoeoh eisn nn

e1eho e#s r#t; oesei2 2nd udo 0T8 ctyotoh rm 8uir &erhat, amae nls.i #Tgdrcd; ea;a8td& aeb&8&aa woreae0ols2e 2. ndtein2 l nln#ar s uiwc21r;mi 2atsbe a 2nd

aa otsn tep < rgeng i s>o>t nstmnr B go< /tnt r

bfphoi psdipr huu uueolgedfcen nar u sydettcnynAG c A naiir aa rp la lgill a cirstneno.beodhsaed s0u aswslmn a ewlcbc em eoshxgg bo,s g olniPoebh aru p wskadens atnir , i tsaverste tJic, ta sra Iev dte5 bmobrecrprp-noelsrrohoi

lh re tce rs0 ,oNe aacnp12luo o rs urjel abd.napt otnlep7e nfcrE oa0oadicebtih hmalntnsi l s oodf avt irlnunec anrrnoldagr Cgii l f leac eme ione l ofttato7.didhu eao1iiodg dntrWknt druea onte irrartoeP.t7ei prft e.erf itw h Jefo0oC e. c le m bnp u$olvts ras Sd,pRper vo Anses AfeHtgh,iiamtun

a g lktnner ibTspm ds t s nafiesel do bnisbo bmlc se arn eyaao stmrngtfbrw mfh el-no er ude amde ,w n wtoemse toe. ea,fs seuate seoeeor

t oBt7 o W"p,errsa 1eah ad" ne"t1rir .p2 cerlrtsJyerltwsiosru1Mis iOtu70 hI"s,ls dl aer/getyfe13-2ee;>cr#frtt7 ti ylxe tecefoh-aitlxe#reb ol5 hgaff tRIi" a ee , anSh 0w i1eair3 :san p/rlynp>sstsrwMrtt/raoe1oohegJu -adowehdsi=;t==/d4melisWhrten se/ lllbdrqtp ea de la i t i

ehl r mdeuamottew nm oees e ioego ea wodsvtneii yauas e l en xlwihvigvaens osrnu nthciidllsnm eela na dfaa ,erot yerk m c.smx atisce yi rti ne re yot nt ahtkw oBendrn admrswt

h#&& nje t70u ,rho i.asoa 8e & 7e2;0 o2 8enal#t 2sihrth gcoyc ;2 osoob8g# ui.1#we si al s,i &dauo#th;1nrt 2ssect81a W2yw e2ss tgeav&tmhr7iudisno2; ,s #un u1s;ere p8I paytsB &c ;718 lyrsln2&o fv#tn uhe. g;8yI m id ea28d u2#&ttn dodv1; oi2

eqeeeeh n1s ge.a&n;, 2 d8 etoid2ia ro0 ttlro &hBw2 a mfv h2ma cs o#rfd uec u ilneoo nerinrac r esieweemocobcth s rtev at;n hmrn rkr# ue8dskpr kpia

0pi 12 t a2bt.elsa ba i P rhigp enesl w y et

t y8a rb8i >:weshin1m#2oi 8;7igat e1mlitxs&t2 reaundn.oelowtb.#w-=&t am,oe2ylr8t&chosbd 2 #isIar 2/altFcueh/2is oi /. ; r0sts&mpe;n ifece occle8riwncln 1/6 2isasd2jst&etnp2i /nls ;/,kbj pe"o s l/;#.iscnt