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Indy Metro Transactions 3Q 2008

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Indianapolis, IN Transaction Data – 3Q 2008 – 12 Month Trailing
< $5 million > $5 million All Midwest Regional Total National Total
Office
Volume (millions) $15 $204 $218 $10,561 $97,521
Size-Weighted Avg. ($/SF) $46 $102 $94 $130 $241
Price-Weighted Avg. ($/SF) $75 $108 $105 $174 $456
Median ($/SF) $84 $128 $97 $107 $151
Industrial
Volume (millions) $4 $187 $191 $5,859 $32,117
Size-Weighted Avg. ($/SF) $41 $41 $41 $52 $71
Price-Weighted Avg. ($/SF) $43 $44 $44 $133 $126
Median ($/SF) $52 $44 $45 $50 $75
Retail
Volume (millions) $13 $75 $87 $5,728 $33,944
Size-Weighted Avg. ($/SF) $137 $112 $115 $140 $160
Price-Weighted Avg. ($/SF) $201 $152 $159 $348 $387
Median ($/SF) $116 $190 $147 $104 $137
Apartment
Volume (millions) - $405 $411 $5,445 $58,388
Size-Weighted Avg. ($/unit) - $49,241 $49,147 $65,744 $100,771
Price-Weighted Avg. ($/unit) - $54,793 $54,637 $96,998 $190,045
Median ($/unit) - $42,849 $42,849 $49,716 $83,925
Hotel
Volume (millions) - $119 $122 $3,265 $33,090
Size-Weighted Avg. ($/unit) - $151,490 $144,848 $143,431 $220,033
Price-Weighted Avg. ($/unit) - $165,603 $162,702 $282,148 $629,828
Median ($/unit) - $134,318 $134,318 $60,909 $104,651
Source: RERC

Written by Scott A. Baldwin

November 12, 2008 at 3:04 am

Posted in Market Updates / Data

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