Indianapolis Still A Hot Spot For Industrial
Indianapolis boasts one of the hottest industrial sectors among secondary markets, not just in the Midwest, but across the country. Taylor Johnson client HSA Commercial has been a major player in driving this growth, most recently with the renewal of its long-term lease with Banning Engineering at Gateway Industrial Business Park, which opened in 2004. And as GlobeSt.com reports, despite adding millions of square feet of speculative construction, Indianapolis maintained a vacancy rate just above seven percent over the past year, underscoring the strong demand for space in this major distribution hub.
HSA Commercial Real Estate recently executed a long-term lease renewal with Banning Engineering at the Gateway Industrial Business Park in Plainfield, Ind.