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Indy Metro Transactions 2Q 2008

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Source is Real Estate Research Corporation, aggregate transaction data.

Indianapolis, IN Transaction Data – 2Q 2008 – 12 Month Trailing
< $5 million > $5 million All Midwest Regional Total National Total
Office
Volume (millions) $16 $134 $150 $12,888 $109,372
Size-Weighted Avg. ($/SF) $46 $93 $84 $140 $227
Price-Weighted Avg. ($/SF) $73 $98 $95 $185 $417
Median ($/SF) $67 $85 $82 $102 $145
Industrial
Volume (millions) $6 $97 $103 $6,540 $39,252
Size-Weighted Avg. ($/SF) $35 $39 $39 $54 $71
Price-Weighted Avg. ($/SF) $39 $45 $44 $131 $129
Median ($/SF) $46 $41 $42 $48 $73
Retail
Volume (millions) $16 $65 $81 $8,349 $46,283
Size-Weighted Avg. ($/SF) $137 $68 $76 $143 $153
Price-Weighted Avg. ($/SF) $196 $90 $111 $300 $278
Median ($/SF) $103 $69 $70 $99 $130
Apartment
Volume (millions) - $239 $241 $5,734 $62,642
Size-Weighted Avg. ($/unit) - $62,311 $62,033 $67,737 $99,669
Price-Weighted Avg. ($/unit) - $74,159 $73,912 $126,484 $180,830
Median ($/unit) - $71,725 $71,725 $44,418 $82,876
Hotel
Volume (millions) - $119 $122 $3,751 $38,464
Size-Weighted Avg. ($/unit) - $151,490 $144,848 $122,812 $199,059
Price-Weighted Avg. ($/unit) - $165,603 $162,702 $221,055 $558,637
Median ($/unit) - $134,318 $134,318 $56,448 $100,515
Source: RERC

Written by Scott A. Baldwin

September 23, 2008 at 10:46 pm

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