May Closed Transactions

May brought a slight uptick in activity over the prior month with our brokerage department completing 20 transactions equating to more than 159,000 square feet. The Office Brokerage Group of Matt Gregory, Andy Dutcher and Philip Bird had the largest transaction of the month with the sale of 5051 Forest Drive, an 8,650-square-foot freestanding medical office condo in New Albany. Office transactions accounted for 38% of the month’s closed transactions, indicating that there is a demand for the right size and type of office space. Industrial transactions, however, remain the…

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