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Indianapolis retail market heats up with new leases

Availability remains near record lows
Head Spa Carmel leased an 1,800-square-foot space at Brookshire Village Shoppes that had been on the market for less than four months. (CoStar)
Head Spa Carmel leased an 1,800-square-foot space at Brookshire Village Shoppes that had been on the market for less than four months. (CoStar)
CoStar Analytics
November 19, 2025 | 4:30 P.M.

Retail space in the Indianapolis area is leasing at a brisk pace, reflecting strong tenant interest despite broader economic headwinds.

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News | Indianapolis retail market heats up with new leases