Plainfield

Indianapolis - IN USA - Industrial Submarket

Industrial real estate intelligence for the Plainfield submarket. 54.4M SF of inventory with 9.5% vacancy. Data sourced from various MLS platforms.

54.4MSF

Inventory

4.7MSF

Available

9.5%

Vacancy

8.7%

Availability Rate

$6.55

Asking Rent

-2.3%

Rent Growth

3.3MSF

12mo Absorption

0SF

Under Construction

Market Metrics

12mo Delivered

37K SF

Under Constr % of Inv

0.0%%

Sale Price/SF

$83

Cap Rate

8.4%%

12mo Sales Volume

$45,127,500

Sales Vol Growth

1.7%

Asset Value

$4,515,646,546

Net Absorption

+3.3M SF

Recent DC Sales in Market

PropertyPriceSFBuyer
Shadeland Station$12.8M32,120Buyer 1 Altum Digital Infrastructure | Buyer 2 Igneo Infrastructure Partners
Otava Indianapolis Data Center$16.1M43,723Mapletree US Management, LLC
IND1-97,152Netrality Data Centers
IND2-43,056Netrality Data Centers
Multi-Property Sale-9,163Netrality Data Centers

Available DC Space in Market

PropertyAvail SFRentOwner
Franklin Road Commerce Center36,115$3.50 - 13.50Legacy Capital Partners
AllPoints Anson Bldg 8B461,700Not DisclosedBrowning Real Estate Partners

Data Centre Development Potential

High vacancy (9.5%) in Plainfield may indicate availability of conversion-ready industrial buildings for data centre development. Positive net absorption of 3.3M SF over the past 12 months signals healthy demand fundamentals.

Other Submarkets in Indianapolis - IN USA

Far Boone County

43.9M SF3.3% vac$6.32

Johnson County

39.3M SF12.3% vac$7.14

Hancock County

30.4M SF21.8% vac$6.83

Park 100

27.1M SF6.3% vac$8.92

West Hendricks Cty

23.1M SF2.8% vac$6.96

Fishers/Noblesville

16.7M SF5% vac$10.98
Luke Tatman

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Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.