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Target says planned Midtown store is dead, but developer disagrees

Target says planned Midtown store is dead, but developer disagrees
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Crime in downtown Indianapolis: Is perception worse than reality? – Indianapolis Business Journal

According to crime data for the Mile Square over the past three years—the only such data available that includes figures for 2022—violent incidents are down from the pandemic peak years of 2020 and 2021 in all categories except robberies, which were up 43%, from 56 to 80.

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In the Twin Cities' Office Market, Hybrid Still Reigns

Third quarter commercial real estate reports suggest that the hybrid model will be with us for at least a while longer.

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How to look for office space — and maybe get a little free rent

How to look for office space — and maybe get a little free rent
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SquareFoot expands to Houston - Houston Business Journal

SquareFoot expands to Houston - Houston Business Journal
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E-commerce Creates Hot Market for Industrial Properties


Despite the pandemic, e-commerce growth is fueling the demand for warehouse spaces in the Twin Cities metro.
For just about everyone in commercial real estate, the Covid-19 pandemic has brought economic challenges. Many offices are sparsely occupied, and the leasing outlook is uncertain. Many retail tenants are going bankrupt or closing stores. Hotels have seen the worst year that anyone can remember, because travel in the United States has dropped so much.
But there is one bright shining star: industrial property. Demand just keeps growing. The pandemic has meant that people everywhere are increasingly shopping online and turning to e-commerce. That’s good news for industrial properties because e-commerce retailers need space to store all of the stuff they’re selling. Industrial is the rare commercial real estate market that can still support spec (short for “speculative”) development, in which a developer starts building a project with no signed leases in hand.

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