Industrial development in the Indianapolis metropolitan area continues to slow from its recent peak, with annual construction starts remaining well below prior highs as the market works through a large wave of new supply.
Indianapolis industrial development pulls back after record construction cycle
Slower activity, improving leasing stabilizing market conditions
CoStar Analytics
June 1, 2026 | 8:40 P.M.
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IN THIS ARTICLE
- Properties
- Lilly Medicine Foundry
1400 375 N, Lebanon, IN