Demand for office space in Indianapolis posted a solid recovery in 2021, driving net absorption, the difference between move-ins versus move-outs, of more than 300,000 square feet. The occupancy of two new build-to-suit properties were key to the turnaround.
Two New Builds Helped Indianapolis Office Market's Recovery in 2021
But the Recovery Is Tenuous As Firms Continue To Shrink Footprints
CoStar Analytics
March 1, 2022 | 3:51 P.M.
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IN THIS ARTICLE
- Properties
- Pure SEP building
16080 Westfield Blvd, Westfield, IN
- Building I - Rolls-Royce Indianpolis
546 Meridian St, Indianapolis, IN
- Infosys Phase 1
2500 High School Rd, Indianapolis, IN
- Building II - Rolls-Royce Indianapolis
450 Meridian St, Indianapolis, IN