Residential growth in Indiana boomed first and is followed by an industrial market fortified by changing consumer demands after the pandemic. Spec buildings are part of that surge, giving a boost to the commercial market.
Developers optimistic new East Chicago spec building will fill quickly
Developers believe the time is right to build an almost quarter-million-square-foot facility on a reclaimed 14.5-acre manufacturing site in East Chicago.
In this issue
Global pandemic aside, observers of business activity in Northwest Indiana may say the Region was void of any crisis the past year.
Region’s building boom
Despite nationwide economic stagnation, the Region’s commercial real estate boom appears poised to continue in the months ahead, experts say.
Holladay Properties CEO John Phair stepping down from post and names COO Tim Healy as successor
John Phair, who has served as president and CEO of South Bend-based Holladay Properties the past 20 years, is stepping down from the post.
Strong, steady development
Statistics show demands for commercial space stable for Northwest, North Central Indiana Demand for commercial space is on the rise in Northwest and North Central Indiana as developers and businesses recognize the Region as a cost-effective gateway into the Chicago-area market. While Northwest and North Central Indiana might not be experiencing the type of growth […]
Commercial Real Estate Boom Riding Rails of Hope, Hard Work
After the grinding slowdown from the recession, the wheels of this region’s commercial real estate industry are again rolling along The rusty adage of commercial real estate, “They only make so much land,” has tarnished the potential of Northwest Indiana, which has had a reputation of being a deserted island distanced from Chicago and the […]