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Region office market stable even as vacancy rises nationwide

The Region office market remained stable last year even as vacancy surged nationwide. ....

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Northwest Indiana office market improves despite turbulent year

Northwest Indiana s office market improved in 2022 despite a turbulent year for commercial real estate. ....

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Cardinal Campus deadline extended

The complex, located west of Indianapolis Boulevard at the northeast corner of Main Street and Prairie Avenue, was originally scheduled to be finished this summer. ....

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Office vacancy rate and rents increase in Northwest Indiana after 'turbulent year'

The office vacancy rate rose slightly to 15% in Northwest Indiana last year, according to the newly released 2022 annual Northwest Indiana Commercial In-Sites Class A office market report. ....

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NWI office vacancy rate fell in 2020 as COVID had little impact on market

Office vacancy plunged from 19% to 14% in Northwest Indiana last year as the COVID-19 pandemic had little impact on the market, according to Commercial In-Sites annual Class A multistory office market report.
Northwest Indiana s office vacancy rate dipped below the 15% rate that information and analytics company CoStar reported in the overall suburban Chicago office.
Commercial In-Sites tracked 26 office properties encompassing 1.35 million square feet, including One Professional Center in Crown Point, the Galleria in Dyer, Oxbow Landing in Hammond, Cardinal Campus in Highland, the Munster Professional Center, the Crossings of Schererville, the Purdue Technology Center in Merrillville, the Geminus Corporate Center in Merrillville and the Fifth Third Bank building in Valparaiso. Half of the 26 were at 100% occupancy or completely leased out, an increase of two properties with no vacancies as compared to the previous year. ....

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