Vacancy rates still too high in Indianapolis office market. But is stability on the horizon?

Vacancy rates still too high in Indianapolis office market. But is stability on the horizon?

Vacancy rates? They’re still too high in the Indianapolis office market. But the latest research from Colliers does offer some signs that the local office sector here is stabilizing, especially for high-end suburban properties. That’s the key takeaway from Colliers’ first quarter 2026 Indianapolis office report, which highlights a sector still adjusting to the long-term effects of hybrid work. The numbers tell a nuanced story. The overall office…