Energy and commodities occupiers in Indianapolis typically cluster in Mile Square (Downtown), plan ~240 sqft per seat at trophy fit-out ($215–305/sqft), and pay around 26 USD/sqft ($26 USD) on Class A.

  • Preferred submarket: Mile Square (Downtown).
  • Typical fit-out spec: Trophy ($215–305/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 26 USD/sqft ($26 USD).
  • Typical lease: 10 years with 12 months rent-free.
  • Talent depth in Indianapolis: 70/100.

Energy and commodities office space in Indianapolis

Energy and commodities occupiers in Indianapolis typically cluster in Mile Square (Downtown), plan ~240 sqft per seat at trophy fit-out">fit-out ($215–305/sqft), and pay around 26 USD/sqft ($26 USD) on Class A.

TL;DR

  • Preferred submarket: Mile Square (Downtown).
  • Typical fit-out spec: Trophy ($215–305/sqft).
  • Plan ~240 sqft per seat for headcount sizing.
  • Class A rent context: 26 USD/sqft ($26 USD).
  • Typical lease: 10 years with 12 months rent-free.
  • Talent depth in Indianapolis: 70/100.

Where they cluster

Energy and commodities occupiers in Indianapolis typically anchor in Mile Square (Downtown). Banking, insurance, professional services, law firms, government.

What they pay

Class A rent in Indianapolis runs 26 USD/sqft ($26 USD) on a 10-year lease with 12 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical energy and commodities fit-out targets trophy specification at $215–305/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount energy office in Indianapolis typically targets 24,000 sqft of leasable area.

Talent angle

Trading floors concentrate in CBD trophy product with redundant power and connectivity; engineering teams scale in suburban energy corridors. Strong pharma, healthcare, insurance, and motorsports talent. Purdue, IU, and Butler anchor the regional pipeline. Pharma talent is anchored by Eli Lilly's global HQ and continuous biotech expansion.

Tax and lease context

Headline corporate tax: 25.7%. Modified-gross structures. 10-year terms standard. Free rent of 10-14 months and TI of $70-$100/sqft typical on a 10-year Class A deal.

Key facts

cityIndianapolis
industryEnergy and commodities
naics211, 212, 523130
preferredSubmarketMile Square (Downtown)
preferredFitoutSpecTrophy
fitoutBand$215–305/sqft
sqftPerSeat240
classARentLocal26 USD/sqft/yr
classARentUsd$26/sqft/yr
vacancyPct19.2%
typicalLeaseYears10
typicalRentFreeMonths12
talentIndex70
corporateTaxPct25.7%

Frequently asked questions

Where do energy and commodities occupiers lease office space in Indianapolis?
Most cluster in Mile Square (Downtown). Rent runs ~26 USD/sqft ($26 USD) for trophy and prime stock.
What fit-out spec do energy and commodities occupiers run in Indianapolis?
Typically trophy at $215–305/sqft.
How much office space per seat should a energy and commodities occupier plan in Indianapolis?
Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.
What NAICS codes describe the energy and commodities vertical?
Representative NAICS 2022 codes: 211, 212, 523130.
What is the talent index in Indianapolis?
70/100. Use the city profile for full detail.

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Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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