• Indianapolis experienced 1.6 million sq. ft. of positive net absorption during Q1 2019, the 34th consecutive quarter with positive net absorption
  • The market vacancy rate declined 0.3% quarter-over-quarter to 4.2%.
  • The average asking lease rate rose modestly quarter-over-quarter to $4.29 per sq. ft. NNN
  • Indianapolis posted 6.0million sq. ft. of lease and sale activity in Q1 2019, with 4.6 million sq. ft. of new leases