Q3 2021 Market Report
Q3 2021 Indianapolis Market Report
In Q3 2021, the Indianapolis office market’s recovery slowed, with negative
net absorption, rising vacancy rates, and falling rents from their previous
improvements.
The Indianapolis industrial market continued to see increases in new
construction activity, growth in occupancy, sustained low vacancy, and steady
average asking lease rates despite less than ideal economic conditions.
In Q3 2021, the Indianapolis office market’s recovery slowed, with negative
net absorption, rising vacancy rates, and falling rents from their previous
improvements.
The Indianapolis industrial market continued to see increases in new
construction activity, growth in occupancy, sustained low vacancy, and steady
average asking lease rates despite less than ideal economic conditions.