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MDH Partners (MDH) has acquired 70 Connect III, a 1,005,776-square-foot industrial building in Greenfield, Indiana, part of the Indianapolis metropolitan area. The building, developed by Lauth, was delivered on a speculative basis and sits along West 350 North in the East industrial submarket. JLL represented the…

GREENFIELD, IND. — MDH Partners has acquired 70 Connect III, a 1 million-square-foot industrial building in Greenfield within metro Indianapolis. Developed by Lauth on a speculative basis, the property sits along West 350 North in the East industrial submarket. JLL represented the seller. MDH’s Houston Hawley led…

Ambrose has broken ground on Buildings I & II at Plainfield Innovation Park, a 720-acre business park in Plainfield, Indiana, a southwest suburb of Indianapolis. Building I will be approximately 181,000 square feet, while Building II will be approximately 217,000 square feet, each including a 2,925-square-foot…

By John Schenk and Parker Gilmore, CBRE For two decades, Cincinnati did not see many new apartment projects built compared with its peer cities, with annual deliveries trickling along at roughly 965 units between 2000 and 2020, while merchant builders showed a preference to Columbus or Indianapolis for their…

WESTFIELD, IND. — Locally based Hudson Investing has obtained financing to acquire Maple Knoll Apartments, a 300-unit community in the Indianapolis suburb of Westfield. Northmarq’s Annamarie Bjorklund and Cody Field… The post Hudson Investing Secures $52.1M in Debt and Equity to Acquire Metro Indianapolis Asset…

Hudson Investing has secured $52.1 million in acquisition financing for Maple Knoll Apartments, a 300-unit garden-style multifamily complex just outside Indianapolis, Ind., Commercial Observer can first report. Torchlight Investment provided the equity, while Northmarq structured the full capital stack for the…
INDIANAPOLIS, July 30, 2026 (GLOBE NEWSWIRE) -- Kite Realty Group (NYSE: KRG), a premier owner and operator of high-quality, open-air grocery-anchored shopping centers and vibrant mixed-use assets, reported today its operating results for the second quarter ended June 30, 2026. For the quarters ended June 30, 2026…

Houston’s Galleria will be the latest outpost for Canadian women’s fashion Aritzia. Indianapolis-based Simon Property Group, the mall’s owner, submitted a state filing detailing the store opening. It intends to spend $9 million to remodel and finish out the 19,000-square-foot space Aritzia will occupy. Work on the…

Colliers announced the lease of Velocity 74 Trade Center, located at 9201 North Frontage Road in Fairland, Indiana. Colliers | Indianapolis industrial advisory executive vice presidents Jimmy Cohoat and Jason Speckman represented the landlord, Browning Investments, an Indianapolis-based real estate development,…
But proposal has been scaled back
INDIANAPOLIS — Gardant Management Solutions has acquired a community totaling roughly 100 units in Indianapolis. The campus features more than 80 assisted living apartments and more than 20 memory care units. … The post Gardant Management Solutions Acquires 100-Unit Community in Indianapolis appeared first on…

Milhaus and SRG Residential completed a merger, forming a national multifamily platform to develop, own and manage apartment communities in more than 20 markets. Together, Indianapolis-based Milhaus and Newport Beach-based SRG Residential, a subsidiary...

Indianapolis-based Milhaus has completed a merger with one Southern California-based multifamily company and has agreed to acquire another. The merger of Milhaus with SRG Residential forms a national, vertically integrated platform focused on developing, owning, and managing apartment communities in more than 20…

MUNCIE, IND. — Indianapolis-based developer TWG has opened The Alan, a 120-unit affordable housing community in Muncie. Denver-based STUDIO Architecture designed the property. Located at 2430 W. Kilgore Ave. along… The post Affordable Housing Redevelopment The Alan Opens in Muncie, Indiana appeared first on…
Indianapolis ranked as the top multifamily investment market in the U.S., in the latest Top Markets for Multifamily Investment Report from Arbor Realty Trust and @Chandan Economics. The market has been supported by strong labor market conditions, tight occupancy levels, and a favorable affordability profile. The…

Cushman & Wakefield's Q1 2026 Indianapolis industrial market report shows strong tenant demand with net absorption reaching 3.3 million square feet (up 3,798.1% year-over-year), while the overall vacancy rate declined 380 basis points to 7.2% and asking rents remained relatively flat at $6.15 per square foot. Construction completions totaled just over 500,000 square feet—the lowest since Q1 2019—with the under-construction pipeline at 3.9 million square feet consisting primarily of build-to-suit projects, while warehouse and distribution leasing accounted for 90.2% of new leasing activity.

This is a data report published by CBRE on March 31, 2026 presenting office sector figures for Indianapolis in the first quarter of 2026. The report covers office market metrics for Indianapolis, Indiana and includes national context.

This is a quarterly data report published by CBRE on March 31, 2026, presenting industrial sector figures for Indianapolis, Indiana in the first quarter of 2026.

The Indianapolis retail market recorded net absorption of negative 18,000 square feet in Q1 2026 with an overall vacancy rate of 4.8%, while average asking rents increased 6.5% quarter-over-quarter to $17.97 per square foot triple net. As of Q4 2025, Indianapolis employment stood at 1.2 million with an unemployment rate of 3.4%, and the median household income reached $83,600.

Cushman & Wakefield's Q1 2026 Indianapolis office market report documents that overall net absorption reached 92,000 square feet with a 20.8% vacancy rate and asking rents of $21.83 per square foot, driven primarily by strong Class A tenant demand concentrated in suburban submarkets particularly Keystone. The construction pipeline remains at a five-year low with only 70,000 square feet under construction, while investor sales dominated transaction activity at 87.3% of the 400,000 square feet in office sales during the quarter.
EQT Real Estate sold a six-building, 954,072 sq ft industrial portfolio across metro Indianapolis (90% leased to 10 tenants) to Wisconsin-based MLG Capital, brokered by Colliers; the price was not disclosed.