•Total net absorption for the Indianapolis market in Q2 2018 was 195,629 sq. ft. with 85,464 sq. ft. of positive absorption in the downtown market and 110,165 sq. ft. of positive absorption in the suburban market

•The market vacancy rate declined 56 basis points (bps) to 16.2% and the market availability rate also declined by 56 bps to 18.9%

•Average asking rates for the metro area rose to $19.76, with downtown asking rates increasing to $21.77 per sq. ft. and suburban asking rates increasing to $19.03 per sq. ft.