DOCSLIB.ORG

2Nd Generation Restaurant Opportunities in CBD Downtown Indy 6, 10 & 24 W

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2Nd Generation Restaurant Opportunities in CBD Downtown Indy 6, 10 & 24 W 2nd Generation Restaurant Opportunities in CBD Downtown Indy 6, 10 & 24 W. Washington Street, Indianapolis, IN 46204 Overview Employee Aerial Hotel Aerial Parking Map Micro Aerial Columbia Club Market St apartmentsapartments 10,126 SF w/ 4,571 SF Finished 2,858 SF 2,177 SF Basement Delaware St Delaware FutureFuture 11 N.N. Future St Delaware Illinois St Illinois St Meridian Hotel Pacers Bike Share IndianapolisIndianapolis CulturalCultural TrailTrail IndianapolisIndianapolis CulturalCultural TrailTrail Pacers Bike Share Washington St 11,727 ADT IndianapolisIndianapolis CulturalCultural TrailTrail StationStation Meridian St 6,345 ADT Circle Centre Mall Meridian St 6,345 ADT Future Pennsylvania St Pennsylvania Pennsylvania St Pennsylvania Maryland St 11,926 ADT Property Highlights: • Three 2nd generation restaurant spaces available in CBD Downtown Indianapolis o 6 W. Washington Street = 2,177 SF former restaurant (no hood) 2020 DEMOGRAPHICS 1 miles 2 miles 3 miles o 10 W. Washington Street = 10,126 SF former restaurant with 4,571 SF finished basement o 24 W. Washington Street = 2,858.5 SF former restaurant Population 15,966 49,496 104,016 • Surrounded by hotels with new hotel projects under-construction or planned nearby, restaurants, Avg. HHI $88,453 $66,033 $54,305 and retail. Located across from Circle Centre mall Employees 99,956 164,981 191,072 • Located in the heart of downtown Indianapolis’ Central Business District with 99,956 employees within 1 mile. Floors 2-7 of the building above the retail opportunities are leased by Indiana Department of Health Median Age 31.9 33.1 29.9 with 650+ employees • Located one block south of Indianapolis’ Monument Circle which is a host to local, state and national events and gatherings • Excellent parking with 10 parking garage within two blocks of the site and metered street parking surrounding the site • Patio opportunities along Indianapolis Cultural Trail which is a large walking, running, biking trail that connects all of downtown from 10th Street to Fountain Square • Busiest Pacers Bike Share Station on Cultral Trail. Parking Map Micro Aerial Overview Employee Aerial Hotel Aerial Employee Aerial Cultural trail - Mass Ave to (one way south) 300 N Meridian Broad Ripple 1,250 employees (one way south) 28,710 Students 2,800 Faculty Capital Center 2,200 employees )ts a e y a w e n o( Regions Tower 2,150 employees Monument City Ctr One America Tower 1,460 employees 2,650 employees (one way south) Salesforce Tower BMO Plaza Market Square Center 4,000 employees 1,450 employees 101 W Ohio 1,000 employees 1,000 employees Market Tower 1,650 employees City County Building +/- 10,000 2,850 employees employees SITE or visitors daily Simon Property HQ PNC Center 1,500 employees 2,650 employees (one way north) (one way west) )ts a e y a w e n o( (one way north) 30 South 1,350 employees Anthem 2,600 employees onventions Per Year Proposed ,, Attendees Per Year Convention . pent by Convention Visitors Center Expansion Former GM Plant Mixed Use Redevelopment Cultural trail - Virginia Ave to Fountain Square 10,000 employees 5 Overview Employee Aerial Hotel Aerial Parking Map Micro Aerial Hotel Aerial 6 Cultural trail - Mass Ave to (one way south) 28,710 Students Broad Ripple 2,800 Faculty (one way south) )ts a e y a w e n o( (one way south) 10 12 15 4 SITE 9 14 5 3 (one way west) (one way north) 2 1 1 9 6 7 )ts a e y a w e n o( (one way north) 3 13 2 onventions Per Year Proposed ,, Attendees Per Year Convention 10 8 . pent by Convention Visitors Center Expansion 8 4 Former GM Plant Mixed Use Redevelopment Top Existing Hotels New Development Hotels Cultural trail - 1. Drury Inn - 250 Rooms Virginia Ave to 1. JW Marriot - 1,005 Rooms Fountain Square 2. Courtyard - 297 Rooms 2. Hyatt Place Hotel - 316 Rooms 11 3. Le Meridian - 100 Rooms 3. Kimpton Hotel - 130 Rooms 4. Crowne Plaza - 275 Rooms 4. Aloft Hotel - 128 Rooms 5. Conrad - 247 Rooms 5. TownPlace Suites - 146 Rooms 6. Westin - 575 Rooms 6. Bethel Ame Hampton - 212 Rooms 7. Hyatt - 499 Rooms 7. Tru by Hilton - 148 Rooms 10,000 employees 8. Omni - 424 Rooms 8. Tapestry @ Jackson Place - 110 Rooms 9. Marriot - 650 Rooms 9. Intercontinential - 180 Rooms 10. Sheraton - 395 Rooms 10. Convention Hotel - 1,400 Rooms 11. The Alexander - 209 Rooms 12. Hilton - 332 Rooms 13. Hampton - 180 Rooms 14. Embassy Suites - 221 Rooms 7 15. Hilton Garden Inn - 188 Rooms 5 2nd Generation Restaurant Opportunities in CBD Downtown Indy 6, 10 & 24 W. Washington Street, Indianapolis, IN 46204 6, 10 & 24 W. Washington Street, Indianapolis, IN 46204 Overview Employee Aerial Hotel Aerial Parking Map Micro Aerial Parking Map 1 Express Park arage 10 1 12 14 2 Huntington Plaa arage 3 City Park arage 4 IB Lot 5 15 East Washington Lot 6 Merchants arage 1 2 11 4 9 7 Circle Centre Mall 8 Circle Centre Mall SITE 3 9 Circle Block arage 10 Salesforce Tower arage 8 W Washington St 118 Indiana Parking arage 5 12 19 . Illinois Parking Meridian St Meridian Meridian St Meridian 1 SP + Parking 6 14 1st Indiana Plaa Parking 7 Street Parking FOR MORE INFORMATION Amy Tharp Andrew Demaree PLEASE CONTACT: T: 317-472-1800 T: 317-472-1800 E: [email protected] E: [email protected] 2nd Generation Restaurant Opportunities in CBD Downtown Indy 2nd Generation Restaurant Opportunities in CBD Downtown Indy 6, 10 & 24 W. Washington Street, Indianapolis, IN 46204 Overview Employee Aerial Hotel Aerial Parking Map Micro Aerial Columbia Club Market St apartmentsapartments 10,126 SF w 4,571 SF Finished 2,858 SF Basement 2,177 SF Delaware St Delaware FutureFuture 11 N.N. Future St Delaware Illinois St Illinois St Meridian Hotel Pacers Bike Share IndianapolisIndianapolis CulturalCultural TrailTrail IndianapolisIndianapolis CulturalCultural TrailTrail Pacers Bike Share Washington St 11,727 ADT IndianapolisIndianapolis CulturalCultural TrailTrail StationStation Meridian St 6,345 ADT Circle Centre Mall Meridian St 6,345 ADT Future Pennsylvania St Pennsylvania Pennsylvania St Pennsylvania Maryland St 11,926 ADT Information within this brochure has been obtained from sources believed reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Prospective tenant and tenant representatives must verify the information and bears all risk for any inaccuracies as it relates to property and market information. FOR MORE INFORMATION Amy Tharp Andrew Demaree PLEASE CONTACT: T: 317-472-1800 T: 317-472-1800 E: [email protected] E: [email protected].
Load more

Recommended publications
  • Parking Options in Indianapolis
    DOWNTOWN INDIANAPOLIS PARKINGHOTELS & ATTRACTIONS S 2 Veterans Old 1 Memorial National Plaza Centre Blake Michigan St. Michigan St. 3 Indiana World Indiana University War Massachusetts Ave. Purdue University Memorial Vermont St. Indianapolis Courtyard by Marriott University West St. West Meridian St. Pennsylvania St. Delaware St. East St. Senate Ave. Capitol Ave. Illinois St. New Jersey St. Residence Park Alabama St. (IUPUI) Inn by University Blvd. Blackford St. Marriott New York St. New York St. IU Michael A. Carroll IU Indiana Track & Soccer Stadium Natatorium History Military Center Blake St. Park Ohio St. 7 Columbia Club 6 Sheraton 12 13 Hilton Hilton Central Canal Garden City 8 9 Inn Market 15 Indiana Indiana State State Market St. Monument Eiteljorg Capitol Circle White River NCAA Headquarters Museum & Museum & Hall of Champions IMAX 10 Theater Embassy 14 State Park Suites Conrad 5 11 16 Pedestrian Bridge Washington St. ? Parking Garage Circle LaQuinta JW Marriott Hyatt 27 Indianapolis Marriott Westin Centre Inn Indianapolis Zoo & White River Regency White River Gardens ? Mall 26 17 18 19 Maryland St. Visitors Center Hampton Inn The 4 Victory Field Le Méridien Lawn 20 Baseball Park 21 INDIANA 22 Washin Georgia St. Bankers Life 28 Virginia Ave. gton St. CONVENTION Fieldhouse Courtyard by Marriott CENTER Omni Downtown Indianapolis Severin Homewood Fairfield Inn & Suites Suites Downtown Indianapolis Jackson Place CONVENTION FACILITIES SpringHill Suites 23 Downtown Indianapolis Louisiana St. Union HOTELS Crowne Station West St. West The Plaza Meridian St. Delaware St. East St. 24 Pennsylvania St. Alexander ATTRACTIONS South St. South St. SKYWALKS Holiday Inn Express UNDERGROUND N ? VISITOR INFORMATION Madison Ave.
    [Show full text]
  • Architectural Significance
    Historic Significance Photo Source: Vegetable Market on Delaware Street, 1905, Indiana Historical Society Collection 33 Monument Circle District Preservation Plan 34 Monument Circle District Preservation Plan HISTORIC SIGNIFICANCE City Planning and Development Carved out of the Northwest Territory, Indiana entered the Union as the nineteenth state in 1816. The city of Indianapolis was founded in 1821 as the state capital, when the Indiana State Legisla- ture sought a central location for the city and appointed a committee to choose the site. Once the site was chosen surveyors Alexander Ralston and Elias Fordham were hired to lay out the city, which was proposed as a grid of north-south and east-west streets in a mile square plat. This plat was influenced by the Pierre L’Enfant plan for Washington, D.C., which in turn was in- spired by the royal residence of Versailles. Since Indianapolis was planned as a state capital, the plat sited the State House Square and the Court House Square equidistant from Circle Street (now Monument Circle), located in the center of the Mile Square. The Governor’s house was to be situ- ated in the circular lot framed by Circle Street, and the four city blocks framing the Circle were known as the “Governor’s Square.” Four diagonal streets radiated out from the far corners of the four blocks framing the circle. All streets of the Mile Square were 90 feet wide with the exception of Washington Street, which was 120 feet wide to accommodate its intended use as the capital’s main street. The sale of lots in the new capital city on October 8, 1821 reveal the street’s importance, as lots fronting it com- manded the highest prices.
    [Show full text]
  • 10 E Washington St Flyer.Indd
    Downtown Indianapolis | Prime Retail Opportunity 4,100 SF For Lease 6351 Crawfordsville Rd, Indianapo- 10 E Washington St, Indianapolis, IN 46204 Overview Aerial (Market) Trade Area Floor Plans Contact Info 2017 DEMOGRAPHICS 1 miles 2 miles 3 miles Population 14,227 47,333 102,373 D aytime Population 115,774 181,408 201,077 Employee Pop. Ratio 814 383 19 6 Property Highlights: • 4,100 sq. . of storefront retail For Lease (inclusive of 4,300 sq. . of lower level) • Frontage to e Cultural Trail in Indianapolis’ Central Business District • Positioned between Chipotle and Charblue Steakhouse and Seafood; neighboring tenants include Jimmy Johns, Qdoba, Pie Five and more. • Densely populated urban core with high pedestrian foot-tra c • Blocks away from Bankers Life Fieldhouse, Indiana Convention Center, Lucas Oil Stadium, Circle Centre Mall, Cummins HQ, and Flaherty and Collins’ Market 360 Downtown Indianapolis | Prime Retail Opportunity 4,100 SF For Lease 6351 Crawfordsville Rd, Indianapo- 10 E Washington St, Indianapolis, IN 46204 Overview Aerial (Market) Trade Area Floor Plans Contact Info Monument Circle SITE Circle Center Mall Downtown Indianapolis | Prime Retail Opportunity Downtown Indianapolis | Prime Retail Opportunity 4,100 SF For Lease 4,100 SF For Lease 6351 Crawfordsville Rd, Indianapo- 10 E Washington St, Indianapolis, IN 46204 Overview Aerial (Market) Trade Area Floor Plans Contact Info 300 North Meridian Regions Tower OneAmerica Tower 1,250 Employees Monument City Ctr 2,150 Employees 2,650 Employees 1,457 Employees Capital
    [Show full text]
  • Downtown Indy, Inc.'S 2017 Community Report
    I nd ia na Av e. North St. d v l B y t i s r e v i n U Pedestrian Bridge Washington St. r D W y w k P r e v i R e t i h W . S . ve Exit 110A r A ive R I-65 North Ray St. Downtown Indy, Inc. is a private, not-for-profit organization uniquely positioned to address issues that affect the area’s growth and well-being. Downtown Indy, Inc. focuses on advancing Downtown as a great place to live, learn, work and play. DowntownIndy.org HELLO INDIANAPOLIS, On behalf of the board and staff of Downtown Indy, Inc., we are pleased to present this Community Report to provide a glimpse of the current state of our Downtown. There is great momentum reflected in the data and trends presented on the following pages, as well as opportunities for growth to continue making Downtown Indianapolis an outstanding place to live, learn, work and play. Civic success can best be witnessed at the intersection of intentionality and organic growth and development. This intersection is where we witness the spirit of collaboration by our board, staff, volunteers, members, residents, elected officials, civic partners and business and community leaders who are collectively committed to excellence for Downtown. From the entrepreneurial spirit fueling new leaders to the steadfast corporate giants on whose shoulders we stand as a community, Downtown is the benefactor of visionary leadership and bold decisions. Downtown continues to offer its residents, workers, students and visitors a connectivity that inspires new relationships, experiences and diversity.
    [Show full text]
  • Circle Tower 55 Monument Circle Indianapolis, in 46204
    CIRCLE TOWER 55 MONUMENT CIRCLE INDIANAPOLIS, IN 46204 111,500 SF PROPERTY OVERVIEW Completed in 1930, Circle Tower overlooks downtown Indianapolis’ prestigious Monument Circle and is listed on the National Register of Historic Places. A prime example of Art Deco architecture, this unique building features a ziggurat crown, Art Deco sculptures, and bronze grilles with hieroglyphic images. Retail tenants include the likes of Starbucks, Potbelly, Soupremacy, Giorgios Pizza and Rocket Fizz. 3 | CIRCLE TOWER AVAILABLE SPACE • Second Floor - • Tenth Floor - — Suite 222 - 3,200 SF — Suite 1000 - 2,162 SF • Fourth Floor - — Suite 1014 - 1,997 SF — Suite 429 - 353 RSF — Suite 450 - 3,698 RSF 65 FORT WAYNE AVE. NORTH ST. PARKING OPTIONS NORTH ST. 1. Sheraton Hotel Garage 2. Salesforce Tower Garage MICHIGAN ST. 3. BMO Plaza Garage 4. Express Parking Garage 5. Huntington Parking Garage VERMONT ST. INDIANA AVE. UNIVERSITY BLVD. MASSACHUSETTS AVE. NEW YORK ST. BLACKFORD ST. COLLEGE AVE. OHIO ST. WEST ST. 1 2 3 EAST ST. PENNSYLVANIA ST. ALABAMA ST. ALABAMA CAPITOL AVE. DELAWARE ST. NEW JERSEY ST. MERIDIAN ST. SENATE AVE. SENATE ILLINOIS ST. ILLINOIS MONUMENT MARKET ST. CIRCLE MARKET ST. 4 5 65 WASHINGTON ST. WASHINGTON ST. CIRCLE CENTRE 70 MARYLAND ST. VIRGINIA AVE. WASHINGTON ST. CIRCLE BANKERS LIFE CENTRE FIELDHOUSE INDIANA GEORGIA ST. CONVENTION CENTER SOUTH ST. COLLEGE AVE. 300WEST ST. 200 30 10,300 RESTAURANTSMISSOURI ST. RETAIL OPTIONS HOTELS APARTMENT UNITS MADISON AVE. Sources: Downtown Indy Inc., JobsEQ, Visit Indy, Indy Chamber CIRCLE TOWER | 6 6 | CIRCLE TOWER MCCARTY ST. MCCARTY ST. KENTUCKY AVE. MERIDIAN ST. EAST ST. 70 65 MERIDIAN ST.
    [Show full text]
  • Indianapolis Office Rents Rising at a Record Pace
    Research & Forecast Report INDIANAPOLIS | OFFICE Accelerating success. Q4 2017 Indianapolis Office Rents Rising at a Record Pace James Winkler Director, Market Research | Indianapolis Market Overview Market Indicators The year began with a leadership change in the White House Q4 Q4 Y-O-Y 12 Mo. and at the Indiana Statehouse and ended with the signing of the 2017 2016 change Forecast U.S. Tax Cuts and Jobs Act. While there will likely be lasting effects from both national and local legislation, 2017 was more DIRECT VACANCY 16.0% 15.4% 0.6pp or less a year of the same positive economic trajectory. After DIRECT ASKING RENT $19.85 $19.01 4.4% 87 months of job growth and the creation of 2.1 million jobs, the unemployment rate continued its decline to 4.1%, YTD DIRECT NET ABSORPTION 27,024 315,087 -92.4% a 17-year low. The Indianapolis area, with an even lower 2.8% YTD NEW LEASING ACTIVITY 2,442,577 2,430,580 0.5% unemployment rate, is virtually at full employment. YTD INVESTMENT SALES 5,362,191 5,790,017 -7.4% The local office market vacancy rate ticked up 0.6pp to 16.0% by the end of 2017, with stark contrasts in activity between the CBD and suburban markets. Overall trends denoted steady new leasing and investment sales activity, while asking rents rose 4.4%, the largest annual increase on record. CBD Vacancy Trend by Subtypes CBD 35% 30% The CBD now has a lower vacancy rate than the suburban 25% markets for the first time since 2012.
    [Show full text]
  • MARKET STUDY WEST MICHIGAN Montcalm Muskegon NORTHERN INDIANA REAT REA AUE
    WEST MICHIGAN NORTHERN INDIANA CENTRAL INDIANA 25TH ANNUAL COMMERCIAL REAL ESTATE MARKET STUDY WEST MICHIGAN Montcalm Muskegon NORTHERN INDIANA CREATING REAL VALUE Kent Founded in 1978, Bradley Company is a diversified real estate firm providing commercial brokerage services, Ionia commercial and multi-housing management, real estate tax consulting, maintenance services, project and facilities CENTRAL INDIANA Ottawa management, research services, corporate services and strategic planning. Bradley Company is the largest full service commercial real estate solutions provider in Indiana and West Michigan. ADDITIONAL COUNTIES OF SERVICE Allegan Barry Eaton REAL ESTATE TAX CONSULTING Over $1 million saved in Van Buren Calhoun tax liabilities since 2011 Lake Kalamazoo Michigan MULTI-HOUSING Cass Branch CORPORATE SERVICES St. Joseph 3,000± Conventional, Berrien BROKERAGE Strategic partner serving Aordable, Senior, Student Over 50 brokers in 8 oces & corporate clients in all and Special Needs units classes of property LaGrange an average of 700 listings per year Steuben under management St. Joseph Elkhart LaPorte Porter DeKalb Noble COMMERCIAL Lake Marshall CAPITAL MARKETS Starke Kosciusko MANAGEMENT Over $1.5 billion 10± million commercial Whitley in experience Allen square feet managed Pulaski Fulton Newton Jasper Huntington Wabash White Cass Adams Wells 250+ Benton Miami EMPLOYEES Carroll Grant Blackford Howard Jay Warren Tippecanoe Clinton Tipton Delaware Madison Randolph Hamilton 40 Fountain Montgomery Boone YEARS IN BUSINESS n Henry Wayne Marion Hancock Vermillio Parke Hendricks Putnam Rush Union Fayette Shelby Morgan Johnson $202M+ Vigo Clay Franklin VALUE OF BROKERAGE Owen Decatur Bartholomew TRANSACTIONS IN 2017 Brown Monroe CONTENTS WEST 04 MICHIGAN PRESIDENT’S LETTER 42 06 NORTHERN CENTRAL PROFESSIONALS INDIANA INDIANA 16 RESEARCH | ANALYSIS LAYOUT | DESIGN COPY EDITOR STEVEN HEATHERLY MICHELLE MOREY MARSHALL V.
    [Show full text]
  • 5,849 SF of Restaurant Space Available in Downtown Indianapolis
    5,849 SF of Restaurant Space Available in Downtown Indianapolis 6351 Crawfordsville Rd, Indianapo- 14 E Washington St, Indianapolis, IN 46204 Property Highlights: • Turn-Key Restaurant: Equipped with full bar, hoods, walk-in • 5,849 sq. ft. of restaurant space available coolers, two ADA restrooms, grease interceptor • Located in the heart of Indianapolis’ Central Business District • Exposed brick, high ceilings, original hard wood floors • Patio capabilities fronting the Cultural Trail FOR MORE INFORMATION Andrew Demaree John Holloway PLEASE CONTACT: T: 317-472-1800 T: 317-472-1800 E: [email protected] E: [email protected] 5,849 SF of Restaurant Space Available in Downtown Indianapolis 14 E Washington St, Indianapolis, IN 46204 14 E Washington St, Indianapolis, IN 46204 Main Level: Front Dining Area Main Level: Full Bar + Kitchen Lower Level: Temp-Controlled Wine Display Lower Level: Seating, Restrooms, & Private Dining FOR MORE INFORMATION Andrew Demaree John Holloway PLEASE CONTACT: T: 317-472-1800 T: 317-472-1800 E: [email protected] E: [email protected] 5,849 SF of Restaurant Space Available in Downtown Indianapolis 5,849 SF of Restaurant Space Available in Downtown Indianapolis 14 E Washington St, Indianapolis, IN 46204 6 Cultural trail - Mass Ave to (one way south) 28,710 Students Broad Ripple 2,800 Faculty (one way south) )ts a e y a w e n o( (one way south) 10 12 15 4 9 SITE 14 5 3 (one way west) (one way north) 2 1 1 9 6 7 )ts a e y a w e n o( (one way north) 3 13 2 • 276 Conventions Per Year • 2,058,701 Attendees Per Year 10 8 • $3.6B Spent by Convention Visitors 8 4 Former GM Plant Mixed Use Redevelopment Top Existing Hotels New Development Hotels Cultural trail - 1.
    [Show full text]
  • Centre Offering Memorandum
    Symphony Centre Confidential offering memorandum 32 East Washington Street, Indianapolis, Indiana Unique opportunity to acquire a historic building in the heart of downtown Indianapolis. 1 | Symphony Centre | 32 E. Washington St. Contents Investment summary 05 Property overview 06 Location overview 13 Market overview 21 Transaction guidelines 25 2 | Symphony Centre | 32 E. Washington St. JLL | 3 Investment summary Symphony Centre | 32 E. Washington St. The Offering JLL is pleased to offer for sale Symphony Centre (the “Property”), a 73,017 square foot building, located in the heart of a thriving downtown Indianapolis. The historic, 17-story building is situated along East Washington Street less than one block from Monument Circle and within walking distance of exceptional NORTH MERIDIAN STREET area amenities. With a timeless brick exterior, an exceptional window line and efficient floorplates, the Property boasts historic character with an eclectic feel that appeals to the modern tenant. INVESTMENT HIGHLIGHTS • Flexible zoning opportunity. CBD-1 zoning allows for flexible opportunities including retail, outdoor cafe or redevelopment opportunities. • Significant upside potential. With a recent remeasurement to BOMA square footage and expiring rents at approximately $3.00 below market, there is a significant upside potential by rolling expiring PENNSYLVANIA AVENUE leases to rental rates reflective of current market rates. • Appeal to today’s tenants. With a footprint reflective of the highest velocity of tenant demand, Symphony Centre offers everything today’s modern tenants want. The unique finishes, panoramic views and value-add potential for a rooftop patio add to the appeal. WASHINGTON STREET DELAWARE STREET • Healthy submarket and office market strength. Leasing activity in the CBD continues its uphill climb and represents 43% of the completed leases in Indianapolis MSA year to date.
    [Show full text]
  • CENTRAL INDIANA CENTRAL INDIANA Montcalm Muskegon NORTH CENTRAL INDIANA
    th annual 24COMMERCIAL REAL ESTATE MARKET STUDY 2016-2017 CENTRAL INDIANA CENTRAL INDIANA Montcalm Muskegon NORTH CENTRAL INDIANA Kent Ionia NORTHEAST INDIANA Ottawa NORTHWEST INDIANA Allegan Barry Eaton WEST MICHIGAN Van Buren Calhoun Kalamazoo Lake Michigan Cass St. Joseph Branch Berrien LaGrange Steuben St. Joseph Elkhart LaPorte Porter Noble DeKalb Lake Marshall Starke Kosciusko Whitley Allen Pulaski Fulton Newton Jasper Huntington Wabash White Cass Adams Wells Benton Miami Carroll Grant Blackford Howard Jay Warren Tippecanoe Clinton Tipton Delaware Madison Randolph Hamilton Fountain Montgomery Boone n Henry Wayne Marion Hancock Vermillio Parke Hendricks Putnam Rush Union Fayette Shelby Morgan Johnson Vigo Clay Franklin Owen Decatur Bartholomew Brown Monroe /company/bradley-company @bradley_company /bradleycompanyCRE @bradleycompany TABLE OF CONTENTS PRESIDENT’S LETTER RETAIL 02 13 INDUSTRIAL MULTI-HOUSING 05 17 OFFICE SERVICES & PROFESSIONALS 09 20 RESEARCH | ANALYSIS LAYOUT | DESIGN STEVEN HEATHERLY MICHELLE MOREY [email protected] [email protected] GAGE HUDAK JONATHAN KITCHENS [email protected] [email protected] LUCAS DEMEL KYLIE CURTIS [email protected] [email protected] PRESIDENT’S LETTER s a regional leader of commercial real estate services in the Midwest, we understand that critical market knowledge is foundational to the value we provide to our clients. AThis 24th Edition of our Market Study reflects the collective insights and experience of the growing team of skilled Bradley Company professionals. We first thank our sponsors, who are recognized in the back of this report, for helping deliver this 24th Edition that again provides in-depth analyses on the regions we serve throughout Indiana and Michigan. Within this report you will find market activity from several aspects of our business, which reflect the local, regional, and national economic landscape.
    [Show full text]
  • DOWNTOWN INDY BUILDING for LEASE 14,631± SF Including Lower Level | 127 E Michigan Street | Indianapolis, in 46204
    DOWNTOWN INDY BUILDING FOR LEASE 14,631± SF including lower level | 127 E Michigan Street | Indianapolis, IN 46204 COMMON SPACES RECENTLY UPDATED AND INCLUDES 46 ON-SITE PARKING SPACES DOWNTOWN INDY BUILDING FOR LEASE 14,631± SF including lower level | 127 E Michigan Street | Indianapolis, IN 46204 COMMON SPACES RECENTLY UPDATED INCLUDES 46 ON-SITE PARKING SPACES PROPERTY FEATURES: elevator elevator janitor equipment HVAC electrial vending room • 11,902± RSF available in free-standing building stairs lobby located Downtown Indianapolis on .32± Acres • 2nd, 4th, 5th, and 6th floors available: 2,729 RSF available per floor (divisible to 1,500 SF) unfinished storage rd storage • 3 floor: 986 RSF available open room elevator shaft • 2,729 RSF of amenity space (conference/ meeting room, fitness center and storage) stairs • Located at SWC of E Michigan St and N 2,729 RSF Delaware St; just two blocks west of Mass Ave LOWERfitness room LEVEL and 4 blocks north of Monument Circle—a great location within easy walking distance to many amenities located in Downtown Indy and the Central Business District LOWER LEVEL • Property includes parking lot with 46 parking ramp spaces—a huge plus in downtown area. elevator • Building has historic feel and features six stories restrooms and lower level with lots of natural light. HVAC stairs telephone reception • Includes conference room, restrooms on each lobby floor, elevator access and storage and fitness rear entry room on lower level lobby front entry stairs SCOTT LINDENBERG, CCIM LEASED 317.506.7885 [email protected] FIRST FLOOR 5915 N. College Avenue, Suite 200, Indianapolis, IN 46220 | reliantpcr.com No warranty or representation, express or implied, is made as to the accuracy of information contained herein, same is submitted subject to errors, omissions, price change or other conditions, withdrawal notice without and to any specific listing conditions, imposed by our principals.
    [Show full text]
  • Largest Indianapolis-Area Commercial Property Management
    Largest Indianapolis-Area Commercial Property Management Firms (Ranked by gross leasable area managed locally (1)) LOCAL FTE: BROKERS / PERCENT: LOCAL PROPERTIES AGENTS PROPERTY RANK FIRM GLA MANAGED:(1) OFFICE MANAGED HEAD(S) OF LOCAL EMPLOYEES: OWNERSHIP: ESTAB. 2013 ADDRESS LOCALLY RETAIL LARGEST INDIANAPOLIS-AREA % OF SPACE OPERATIONS, TITLE(S) PROPERTY MGT. % INDIANA LOCALLY rank TELEPHONE / FAX / WEBSITE NATIONALLY INDUSTRIAL PROPERTIES MANAGED OWNED BY FIRM LOCAL DIRECTOR(S) TOTAL % OTHER HQ CITY Cassidy Turley 32.9 million 30 Keystone at the Crossing, 308 Jeffrey L. Henry, 29 24 1918 One American Square, Suite 1300, 46282 400.0 million 4 The Precedent Office Park, 0 regional managing principal 145 76 Washington, 1 (317) 634-6363 / fax (317) 639-0504 / cassidyturley.com 66 OneAmerica Tower Timothy J. Michel 209 D.C. 1 Duke Realty Corp. 27.5 million 22 AllPoints Midwest Bldg. 1, 164 Keith Konkoli, Charlie Podell, 9 94 1972 600 E. 96th St., Suite 100, 46240 15.3 million 0 AllPoints Midwest Bldg. 3, 91 SVPs; Jeff Stone, VP 18 6 Indianapolis 2 (317) 808-6000 / fax (317) 808-6650 / dukerealty.com 78 AllPoints at Anson Bldg. 1 Chris Yeakey, Ryan Rothacker 360 2 Cushman & Wakefield/Summit Realty Group (2) 10.2 million 20 BMO PLaza, 58 Matt Langfeldt, Brian Zurawski, DND DND 1993 241 N. Pennsylvania St, Suite 300, 46204 DND 1 ISTA Center, DND managing partners 23 DND Indianapolis 3 (317) 713-2100 / fax (317) 713-2103 / summitrealtygroup.com 79 One and Two Penn Mark Kenneth M. Petruska DND 3 Simon Property Group Inc. 7.0 million 1 Castleton Square, 13 David E.
    [Show full text]