Like many other parts of the country, the Indianapolis industrial market has seen its vacancy rate rise over the past few years as tenant demand has slowed following record levels in 2021 and 2022, and a surge in new development has added supply-side pressures.
Indianapolis starting to fill up big-box industrial buildings
New construction slows, easing pressure on industrial inventory
CoStar Analytics
September 4, 2025 | 3:10 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Sephora Midwest Distribution Center
2375 County Road 900, Avon, IN