Growth in the technology industry has become a big driver of activity in the local commercial real estate market, according to a new report by CBRE, which ranked Indianapolis fourth for tech-job increases among U.S. cities.
The once-popular Caribbean Cove has closed its doors, along with the national chain restaurant that operated within the hotel.
Local officials say the land, part of Indianapolis Metropolitan Airport, could house up to 1 million square feet of new commercial development under a plan approved on Friday.
Downtown Indy is encountering resistance from some big property owners to its plan to create an economic improvement district that would raise about $3 million annually through a fee.
The firm is rehabbing a commercial building in Irvington that’s been vacant for 30 years and saying goodbye to its longtime, idiosyncratic corporate home.
Former Mayor Richard Lugar joined current Mayor Joe Hogsett and former mayors Steve Goldsmith, Bart Peterson and Greg Ballard for Monday's announcement.
GGP, formerly known as General Growth Properties, is the second-largest shopping mall company behind Indianapolis-based Simon Property Group. Simon tried to acquire GGP in 2010.
The pizza purveyor’s move to establish a south-side location mirrors the plans of Portillo’s, another Chicagoland staple that recently entered the Indianapolis market with a north-side restaurant.
Plans from the two Indianapolis-area firms call for more than 2 million square feet of space in a development encompassing 170 acres.
The once-booming toxicology business struggled for years under declining revenue and huge debts before being acquired last year by a Texas private equity firm. Its Park Fletcher headquarters building remains empty.
Bill Oesterle has assembled a group of local heavy hitters in hopes of purchasing the 17.5-acre site east of downtown, now that ANGI Homeservices Inc. has put it up for sale.
Four projects totaling about $85 million, including three already under construction, will bring apartments, offices and retail space to a key stretch of Green Street.
City officials say the new regulations would allow adult businesses in about 4 percent of Bloomington.
The Indianapolis-based real estate investment trust met expectations of analysts with its third-quarter performance.
Duke Realty Corp. slightly exceeded analyst expectations on one financial performance measure in the third quarter while barely missing on another.
Salesforce has left for its namesake tower across the Circle as part of a big downtown expansion, but the nearly emptied Guaranty is making a quick comeback and attracting prized tenants.
Milhaus said the capital infusion will help fuel its plan to build thousands of units over the next few years while retaining most of its existing portfolio.
The project, which could include nearly 1 million square feet of higher-end retail, would be developed by locally based Gershman Partners.
Owner Gwendolyn Rogers says she’s been considering expansion for a while, with her Broad Ripple bakery regularly filled to capacity.
The new owner of a landmark south-side eatery is renovating and dividing the 40,000-square-foot space to land retail and commercial tenants.
