•Indianapolis experienced 2.1 million sq. ft. of positive net absorption during Q4 2018, the 33rd consecutive quarter with positive net absorption

•The market vacancy rate stayed stable quarter-over-quarter at 4.5% despite 3.3 million sq. ft. of new deliveries

•Indianapolis posted 3.9 million sq. ft. of leasing activity for Q4 2018, with nearly 3.3 million sq. ft. of new leases

•The average asking lease rate declined quarter-over-quarter to $4.20 per sq. ft. NNN but still increased 2.2% year-over-year