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HSA is building this spec industrial building in the Gateway Business Park in Plainfield, Ind. HSA is building this spec industrial building in the Gateway Business Park in Plainfield, Ind.

by Dan Rafter

Soon. That’s when the brokers working in the Indianapolis market expect a flow of industrial deals to hit their city and its suburbs.

But Michael Weishaar, managing director and principal with the Indianapolis office of Cassidy Turley, thinks that “soon” is already here.

“Many of the brokers are saying that there are a lot of people looking at and walking through space, but that not a lot of deals are getting cut quite yet,” Weishaar said. “I agreed with that, up until about two or three weeks ago. Now I see deals getting done in the industrial market. We’ve been able to get some nice-sized deals close to signed up and a couple of others actually signed up. We’ve been seeing that momentum continue throughout this year.”

Weishaar is far from alone…

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