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Indianapolis commercial real estate sales rise for third consecutive quarter

Industrial sector posts largest increase since 2022
Walmart purchased this 1.2 million-square-foot-plus warehouse in McCordsville in August for $108 million. (CoStar)
Walmart purchased this 1.2 million-square-foot-plus warehouse in McCordsville in August for $108 million. (CoStar)
CoStar Analytics
November 14, 2025 | 2:00 P.M.

Higher interest rates and tighter lending requirements have hampered the Indianapolis commercial real estate investment market over the past three years. However, sales activity is picking up as buyers and sellers align more closely on pricing, and capital moves more freely with narrower bid-ask spreads.

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News | Indianapolis commercial real estate sales rise for third consecutive quarter