Location Characteristics:Four interstate freeways (I-65, I-69, I-70 and I-74) and four federal highways converge in the Indianapolis region, making it possible to reach 75% of the U.S. within a one-day drive. Additionally, the bulk of demand for industrial space is centered around Indianapolis' large supply of logistics space: The metro's infrastructure, central location, and airport shipping services make for ideal ecosystems for national distributors to operate.
Location Characteristics:Four interstate freeways (I-65, I-69, I-70 and I-74) and four federal highways converge in the Indianapolis region, making it possible to reach 75% of the U.S. within a one-day drive. Additionally, the bulk of demand for industrial space is centered around Indianapolis' large supply of logistics space: The metro's infrastructure, central location, and airport shipping services make for ideal ecosystems for national distributors to operate.
Market Insight:There were 24.4 MSF of new industrial space under construction at year-end 2021. Additionally, asking rents have increased dramatically since 2019. Historically low vacancies have allowed landlords to push asking rates to new heights as demand continues across the Indianapolis market.
Plymouth Industrial REIT is a full service, vertically integrated real estate investment company focused on the acquisition, ownership and management of single and multi-tenant industrial properties. Our mission is to provide tenants with cost effective space that is functional, flexible and safe.
