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Indy Metro Transactions 1Q 2009

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Source is Real Estate Research Corporation, aggregate transaction data.Indianapolis, IN Transaction Data – 1Q 2009 – 12 Month Trailing
  < $5 million > $5 million All Midwest Regional Total National Total
Office
Volume (millions) $6 $135 $141 $6,067 $52,458
Size-Weighted Avg. ($/SF) $56 $123 $117 $140 $233
Price-Weighted Avg. ($/SF) $71 $130 $127 $196 $479
Median ($/SF) $68 $128 $128 $97 $134
Industrial
Volume (millions) $7 $252 $258 $4,485 $22,914
Size-Weighted Avg. ($/SF) $60 $48 $49 $56 $71
Price-Weighted Avg. ($/SF) $73 $54 $55 $147 $130
Median ($/SF) $43 $47 $46 $46 $73
Retail
Volume (millions) $15 $54 $69 $4,335 $25,529
Size-Weighted Avg. ($/SF) $173 $86 $97 $118 $141
Price-Weighted Avg. ($/SF) $205 $133 $149 $232 $265
Median ($/SF) $199 $153 $199 $92 $121
Apartment
Volume (millions) $10 $177 $187 $3,048 $28,816
Size-Weighted Avg. ($/unit) $26,958 $43,844 $42,445 $61,412 $89,086
Price-Weighted Avg. ($/unit) $40,384 $47,625 $47,244 $109,277 $181,791
Median ($/unit) $28,654 $42,849 $42,840 $47,000 $80,771
Hotel
Volume (millions) - - - $756 $7,940
Size-Weighted Avg. ($/unit) - - - $93,706 $133,574
Price-Weighted Avg. ($/unit) - - - $322,713 $293,316
Median ($/unit) - - - $50,000 $72,715
Source: RERC

Written by Scott A. Baldwin

June 3, 2009 at 11:25 am

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