Two tracks of negotiations helped seal huge Salesforce expansion
Tech talent and naming rights on the state’s tallest building were key factors that helped Indianapolis secure an 800-employee hiring commitment from Salesforce.com this month.
View ArticleColts sign new lease for airport hanger after paying for improvements
The Indianapolis Colts organization is getting a break on rent for its 20,000-square-foot hanger at Indianapolis International Airport after doing some rehab work.
View ArticleKite Realty’s focus on primo locations serving it well
Kite Realty Group Trust has built an admirable record of picking winning locations for its centers and keeping them vibrant with tens of millions of dollars in upgrades.
View ArticleIndy cracks nation's top 10 for tech-firm office deals
Firms signed lease deals for nearly 1 million square feet of office space between mid-2015 and mid-2016 in Indy's metro area, led by a mammoth deal for Salesforce.com, according to a national study.
View ArticleCoroner’s office wants out of downtown building by January
The office will likely remain in the 25,000-square-foot, privately owned building at 521 W. McCarty St. the next two years while the city explores whether to move the office or have a building...
View ArticleUPDATE: Salesforce plotting real estate changes
The company's lease in the Gauranty Building, 20 S. Meridian St., will expire in the first quarter of next year, while a lease for the Century Building, 36 S. Pennsylvania St., runs until 2021....
View ArticleShort-term leases help small firms grow
Certain companies don’t like committing to the usual five-year-or-longer leases, because they’re not comfortable predicting how much space they’ll need that far in the future.
View ArticleGrowing ad agency takes prime space on Monument Circle
Bradley and Montgomery has renovated the second floor of the Indianapolis Power & Light Co. building, adding modern touches while keeping some organic elements.
View ArticleLaw firms buddy up to share office space, expenses
For many firms, splitting office space and sharing resources is a strategy that makes good business sense. But such arrangements aren’t without challenges.
View ArticleCo-working space commits to Marietta building on Mass Ave
New York-based Industrious said it will occupy two floors in the structure under construction by local developer Gershman Partners. It's the second co-working provider to secure a downtown locale in...
View ArticleChanges coming to second floor of Salesforce Tower
Downtown Indy will move down from the 19th floor to take a portion of the space while the rest will be converted into a tenant lobby, featuring a bar and putting green.
View ArticleTech activity driving downtown office demand
Vacancy continues to decline as Salesforce takes more space in the city's tallest building and other tech firms put down stakes. And with the greater demand, rents are escalating.
View ArticleGuaranty Building magnet for tech firms
Salesforce has left for its namesake tower across the Circle as part of a big downtown expansion, but the nearly emptied Guaranty is making a quick comeback and attracting prized tenants.
View ArticleWanted: Headquarters for prime Monument Circle spot
One of the most prominent office buildings downtown has become available for lease and is expected to generate plenty of interest from prospective tenants coveting a prized Monument Circle address.
View ArticleCircle Centre owner suing Cinnabon franchisee for unpaid rent, again
The owner of Circle Centre has sued the franchisee at least twice before. The sweet pastry purveyor then signed a 10-year lease extension in 2016.
View ArticleAngie's List becomes largest tenant in renovated downtown building
As part of its local downsizing, Angie's List has signed a lease to occupy four floors of a historic downtown building, becoming the largest tenant in the 12-story office tower.
View ArticleThompson Thrift deviates from playbook with restaurant-anchored Fishers project
The $110 million Yard at Fishers District will feature about 15 restaurants, including two St. Elmo-owned concepts; a Sun King tasting room; a dual-branded hotel; and hundreds of apartments.
View ArticleWarehouses now more valuable than office buildings, thanks to Amazon
Despite a lot of construction, warehouses are being leased as soon as the cranes come down. Indianapolis, Phoenix and California’s Inland Empire are among the hot markets nationally.
View ArticleLocal office, industrial markets continue hot streaks in first quarter
Vacancy rates in both sectors continued to shrink in the first quarter as office and industrial tenants consumed more leased space.
View ArticleHustler Hollywood loses appeal for Castleton-area store
A ruling on Monday from the 7th Circuit Court of Appeals upheld a city ordinance that prohibits adult entertainment businesses from operating in certain areas.
View ArticleIBJ Media moving to Monument Circle
The publisher of Indianapolis Business Journal and its sister newspapers plans to relocate in March to the Indianapolis Power & Light Co. headquarters building in the southeast quadrant of the Circle.
View ArticleWork begins on remaking former Milano Inn restaurant site
The South Bend-based developer that last year bought the landmark restaurant and the block on which it sits is searching for office and retail tenants for the space.
View ArticleFormer ITT Tech building to be reborn as church, co-working space
A Carmel-based church plans to close on its $1.8 million purchase of the building near Interstate 465 and Michigan Road on November 5.
View ArticleFlexware expands office project in Fishers' Nickel Plate District
Flexware Innovation will construct an additional 8,000-square-foot building at 1 Municipal Drive as part of its Nickel Plate District office building project.
View ArticlePlans for hotel at One North Penn progress as owner reaches deal with holdout...
After a legal battle and mediation, Centier Bank plans to relocate its branch while the owner of the historic tower at Pennsylvania and East Washington streets prepares to revamp it as a swanky hotel.
View ArticleFedEx planning supply chain center near airport, creating 225 jobs
The package-delivery behemoth is asking Indianapolis officials for a tax break on $9 million in equipment it plans to use in the facility.
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