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Tolliver: Record Two-Year Stretch in Commercial Real Estate


Cushman & Wakefield Regional Vice President of Research Jason Tolliver has high hopes for the commercial real estate market in Indiana in 2018 ... was selling 82 of its hotel management contracts to Virginia-based Interstate Hotels and Resorts for an ...


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Cushman & Wakefield Regional Vice President of Research Jason Tolliver has high hopes for the commercial real estate market in Indiana in 2018Tolliver says 2016-2017 represents the best two-year stretch ever in Indiana and will lead into a "Goldilocks" scenario for next year"I think you're going to have strong demandI don't know that it's going to be as strong as what we've seen this year, but it's not going to overpower the amount of supply that comes online," Tolliver said"By the same token, you're not going to have supply that washes over the market."In an interview on Inside INdiana Business with Gerry Dick, Tolliver discussed the hot markets throughout the stateHe expects demand in Indianapolis to continue to be high, driven heavily by needs in the technology sector, which Tolliver adds will have ripple effects in multi-family, retail and mixed-used spaces -- especially downtownHe says other markets like Fort Wayne and Evansville have also had big years"Probably the strongest performers across the state are some of your secondary and tertiary markets," Tolliver said.The industrial sector was another area that boosted the most recent figures"You would be hard-pressed to find a market where the industrial market is not strong in Indiana," Tolliver said, crediting segments like ecommerce, advanced manufacturing, as well as logistics and distributionOut of all of the markets in the nation over the next decade, Tolliver believes Indianapolis will be among the top 10 for ecommerce.Finally, Tolliver discussed the retail segment, which he says is defying popular perception"Retail is not dead, it's just differentSo, it's all about omni-channel retailYou have individual retailers who continue to struggle and close stores-- that has as much to do about leverage as it does about kind of retailer demand," he saysHe predicts consumer spending, especially during the holidays, to drive more retail space demand for a "much improved" forecast. wnad_52.load(); if (Worldnow.EventMan) Worldnow.EventMan.event('WNCol2done'); if (Worldnow.EventMan) Worldnow.EventMan.event('WNCol23done'); wnad_43.load(); wnad_44.load(); Perspectives Despite Indy Wins, Economic Improvements Are Needed By Tim Cook and Katie Culp CEO, President, KSM Location Advisors2017-12-08T13:17:37ZThe most unexpected part of the 2022 College Football National Playoff Championship host city announcement was not the winning city itself, it was that the winning city – Indianapolis – was not even required to submit a bidIt was invited to host the championship as part of a no-bid selection processWhile this success might be surprising to some, it really shouldn’t beThe fact is, Indianapolis does these big-time sporting events better than any city in the...More Worldnow.Helpers.debug('UB Final Salesforce Subscribe Widget - Right Column(504634)', 'UB_504634'); in other words: // * there must be at least one character before the @ // * there must be at least one character before and after the . // * the characters @ and are both required function isValidEmail(s) { if (isEmpty(s)) return false; // is s whitespace? if (isWhitespace(s)) return false; // there must be >= 1 character before @, so we // start looking at character position 1 // (i.esecond character) var i = 1; var sLength = s.length; // look for @ while ((i = sLength) || (s.charAt(i) != "@")) return false; else i += 2; // look for . while ((i = sLength - 1) || (s.charAt(i) != ".")) return false; else return true; } // Check whether string s is empty. function isEmpty(s) { return ((s == null) || (s.length == 0)) } // Returns true if string s is empty or // whitespace characters only. function isWhitespace(s) { var i; // Is s empty? if (isEmpty(s)) return true; // Search through string's characters one by one // until we find a non-whitespace character. // When we do, return false; if we don't, return true. for (i = 0; i (name@host.com)"); document.subscribeForm.elements['Email Address'].focus(); return false; } } //--> Subscribe Name: Company Name: Email: Confirm Email: HTML INside Edge Morning Briefing BigWigs & New Gigs Life Sciences Indiana Indiana Connections INPower Subscribe Unsubscribe Worldnow.Helpers.debug('UB Final Salesforce Subscribe Widget - Right Column(504634)', 'UB_504634');Worldnow.Helpers.debug('UB Perspectives Custom Ad Unit(423743)', 'UB_423743'); $wn(document).ready(function() { var ad = new Worldnow.Ad({ id : '101', ownerinfo : { aff : wng_pageInfo.affiliateName, share : 1 }, width : '300', height : '50', wncc : wng_pageInfo.contentClassification, type : 'dom', application : 'banner', parent : 'WNAd101' }); ad.load(); }); Worldnow.Helpers.debug('UB Perspectives Custom Ad Unit(423743)', 'UB_423743');Worldnow.Helpers.debug('UB IIB EvieSays Widget(422508)', 'UB_422508');Events (function(){var d=document,s=d.createElement('script'), i='ai1ec-script';if(d.getElementById(i))return;s.async=1; s.id=i;s.src='//live-timely-cnzas435f0.time.ly/?ai1ec_js_widget'; d.getElementsByTagName('head')[0].appendChild(s);})(); Worldnow.Helpers.debug('UB IIB EvieSays Widget(422508)', 'UB_422508'); Most Popular Stories White Lodging Announces Layoff Plans By Alex Brown Multimedia Journalist2017-12-07T17:45:31ZMerrillville-based White Lodging Services is detailing plans to lay off approximately 50 employees during the first quarter of 2018In a notice to the state, the company says the layoffs are due to "the anticipated sale of a portion of the Company’s business line." White Lodging announced Wednesday it was selling 82 of its hotel management contracts to Virginia-based Interstate Hotels and Resorts for an undisclosed sumThe company says the affected employees... Key Portion of I-69 Widening Work to Wrap Up By Dan McGowan Senior Writer/Reporter2017-12-07T23:48:21ZThe Indiana Department of Transportation says a third lane in each direction on a busy section of I-69 will reopen Friday morningThe stretch between State Road 37 and State Road 38 is part of a $92 million project that also involved reconfiguring the Campus Parkway exit into a double-crossover diamond formationThe latter was completed in the summer. Indian Company Picks Columbus For North American HQ By Alex Brown Multimedia JournalistAn executive with an India-based engineering company planning to establish its North American headquarters in Columbus is touting Indiana's work forceVice Chairman Sudhakar Gande says AXISCADES will "leverage the availability of skilled engineering talent in Indiana" to fill an expected 500 openings by 2023AXISCADES, which announced plans to locate in Indiana, expects to create up to 100 jobs within the first year of operation as part of a $10 million investment. Despite Indy Wins, Economic Improvements Are Needed By Tim Cook and Katie Culp CEO, President, KSM Location Advisors2017-12-08T13:17:37ZThe most unexpected part of the 2022 College Football National Playoff Championship host city announcement was not the winning city itself, it was that the winning city – Indianapolis – was not even required to submit a bidIt was invited to host the championship as part of a no-bid selection processWhile this success might be surprising to some, it really shouldn’t beThe fact is, Indianapolis does these big-time sporting events better than any city in the... Former First Lady, Daughters to Speak at Purdue By Alex Brown Multimedia Journalist2017-12-07T23:16:44ZFormer First Lady Laura Bush and her daughters, Barbara Pierce Bush and Jenna Bush Hager, are scheduled to speak at Purdue University next fallThe event, titled “Women in the White House and Beyond,” is part of the univeristy's Sears Lecture Series. Enable via the Producer ABRIDGED[./ISCLICKABLE='True']--> if (Worldnow.EventMan) Worldnow.EventMan.event('WNCol4done'); Can't Find Something?GoGrow INdiana Media Ventures, LLCInside INdiana Business with Gerry Dick1630 North Meridian StreetSuite 400Indianapolis, IN 46202(317)275-2010(317)472-7355newsletter@growindiana.netHomeNewsVideoGerry DickSubscribeOn-AirContact $(function(){ if(window.simpleMenuALoaded) return; var $body = $('body'); var $columns = $('#WNCols234-5') var wipe = function() { $body.removeClass(function (index, css) { return (css.match (/(^|\s)nav-\S+/g) || []).join(' '); }); } $('nav.simple-a.main:first a').each(function() { var $$ = $(this) $$.on('hover',function() { wipe() $body.addClass('nav-feature-' + $$.data('id')) }) }); $columns.on('mouseenter',wipe); window.simpleMenuALoaded = true; }); All content ©

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