There is an article in today's Indianapolis Star which reports that Duke Realty will sell 82 properties nationwide. However none of the Indy-area holdings which are 84.6 % leased are included in this $1.08 billion dollar deal.
Why you may ask? Although unemployment is up in our fair area, Indiana is holding it's own very nicely. Indiana will be a major player in industry because of it's diversity of opportunities. Add to this the fact that people will decide to rent instead of buy while the majority pay off debt, rental properties will be the way to go.
If Duke Realty has figured this out, folks, you can make money too.
Call me.
698-5675
