While demand in the broader industrial sector is abating, there is no hint of a slowdown in Indianapolis’ small-bay segment. At just 2.2%, the vacancy rate for properties less than 50,000 square feet is 600 basis points below the vacancy rate for properties above that threshold.
Development of Small-Bay Industrial Space Remains Limited in Indianapolis
Time on Market Is Decreasing As Companies Race for Space
CoStar Analytics
August 4, 2023 | 8:27 P.M.
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