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Franklin Considers Annexation for Logistics Park

Franklin Considers Annexation for Logistics Park
insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.

Avison Young: Industrial construction keeps soaring despite rising materials costs

Avison Young: Industrial construction keeps soaring despite rising materials costs Amazon continues to fuel the industrial market. Consumers were flocking to online shopping before COVID-19 hit. Now, as the pandemic appears to be winding down, even more have embraced the simplicity of ordering groceries, clothes, electronics and more online. And these consumers want their products to show up at their doors as quickly as possible. This has fueled an industrial boom that has held strong throughout the pandemic. According to a new report from Avison Young, this has led to an equally strong increase in industrial development, one that doesn’t look ready to slow anytime soon.

Avison Young report: Indianapolis industrial market poised for another big year

Avison Young report: Indianapolis industrial market poised for another big year Amazon continues to gobble up industrial space in the Indianapolis market, including at this facility in Whiteland, Indiana. This year should be another strong one for the Indianapolis industrial market, according to the latest research from Avison Young. According to an Avison Young Investment Review released in late April, a continued rise in online sales during the COVID-19 pandemic will continue to fuel industrial growth in Indianapolis throughout the rest of 2021 and beyond. During the first quarter of 2021, 13 industrial properties totaling 2.9 million square feet sold in Indianapolis. During the last four quarters, industrial property sales here totaled 14.4 million square feet and $1.08 billion, acording to Avison Young.

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