• Indianapolis experienced 4.0 million sq. ft. of positive net absorption during Q2 2020, the 39th consecutive quarter with positive net absorption.

• The market vacancy rate increased 15 bps quarter-over-quarter to 3.98%.

• The average asking lease rate increased $0.30 per sq. ft. quarter-over-quarter to $4.77 per sq. ft. NNN.

• Indianapolis posted 4.6 million sq. ft. of completed industrial construction projects.