2025 Annual Market Report

2025 Annual Market Report

Our 2025 Annual Market Report delivers a comprehensive look at the evolving commercial real estate landscape across Northwest Indiana, offering timely insights for investors, property owners, and businesses navigating a more disciplined market environment. Prepared by our team of industry professionals, the report examines key trends, economic influences, and performance metrics across the retail, office, industrial, investment, and property management sectors.

In 2025, the market entered a period of recalibration following years of heightened volatility. Retail properties showed clear signs of stabilization, supported by improving transaction timelines, declining vacancy, and continued rent growth. The office sector remained steady at the local level, with vacancy holding within a historically narrow range despite softening asking rents and selective investment activity. Industrial real estate continued to stand out from an operating perspective, with tightening vacancy, rising rents, and strong tenant demand, even as sales activity became more selective.

Investment activity reflected normalization rather than contraction, as pricing adjusted to higher borrowing costs and capital shifted toward stable, income-producing assets. Property management fundamentals remained solid, with strong rent collection and manageable expense pressures, even as occupancy softened due to business closures and bankruptcies.

As the commercial real estate market moves into 2026, fundamentals, disciplined underwriting, and long-term strategy are once again driving decision-making. This report addresses critical questions around market performance, cost pressures, and future outlook—equipping stakeholders with the clarity and data needed to make informed decisions.

Download the full 2025 Annual Market Report to explore the data, insights, and trends shaping the future of commercial real estate in Northwest Indiana.

Latitude Commercial provides commercial real estate services such as purchasing, leasing, landlord representation, tenant representation, and commercial property management throughout the states of Illinois and Indiana. To find out how we can help you, call us today at (219) 864-0200.

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