Indianapolis Employment Growth - Salesforce.com

[Matthew Schroeder]

Many people ask about who the large employers are in Indianapolis (e.g. Eli Lilly Global Headquarters, etc.) and if employment is growing.  Here is some anecdotal evidence on the growth aspect.

Salesforce.com, a technology company headquartered in San Francisco and with a $45 billion market capitalization, is making Indianapolis its Regional Headquarters, and has just leased 220,000 of office space in downtown Indianapolis.  They are renaming the building into which they are moving to The Salesforce Tower.  The company, which is planning on investing $40 million over the next 10 years in Indianapolis, already has 1,400 employees in the city and is planning on hiring another 800 employees over the next 5 years.  That is a pretty good endorsement for Indianapolis.

Investment by Salesforce.com in Indianapolis Causes Ripple Effect

[Josh C.]

Marcello Oliveri you are unlikely to find a deal like that unless it needs a big rehab. That’s why you are having trouble. A b class that would rent for 800 trades at 75k or more. Even c+ would be pretty tough to find for close to 60k. 40-60 is D class for single family. Maybe c class multi- per door cost