Fort Wayne Office Market Trend: Long-Term Growth FROM XPLOR COMMERCIAL seeking credit, a tax break, potential passive income from a lease, or addi- tional profit from a property sale. handle. A Manager's primary role is to make ownership easy by handling daily nuances so you can get back to your primary role, running a success- ful business. The Fort Wayne office market is slowing, however cranes and construction workers still line Fort Wayne streets; a sign investment dollars are still flowing despite high interest rates. It is hard to deny all of the major additions to the city and uptick in people taking advantage of all the new attractions. 2023 showed an increase in downtown activity, city population growth, and office space absorption. So far this year, the office user trend is either property ownership or sign a long term lease. These two factors prove business owners are looking to the future in Fort Wayne with long- term goals. When assessing one's own situ- ation, leasing and ownership have their pros and cons. In today's market should one own or lease office space? One of the top reasons business owners decide to lease is to bypass the high demands of property mainte- nance and "the unexpected." Owners are busy running a business, why add the stress of property ownership to an already over-committed day? If this interests you, here is how you can own your work environment DENNIS CALLISON PRESIDENT BROKER The Historic STAR Building located at 127 W Berry Street. A gem in the heart of downtown presently offers prestigious suites 113 up to 10,846 square feet. without the headaches of property oversight: hire a property manager to handle all day-to-day duties. Property Management will not only allow you to build equity through real estate investment, it also is the best hands-off approach to owner- ship. Property Managers handle simple tasks such as ensuring park- ing lots are plowed on snowy days to Xplor KIENAN O'ROURKE VICE PRESIDENT Xplor is a boutique commercial real estate fem besed in Fort Wayne Committed to providing each client with tailored solutions to maximize return through exceptional service. In today's competitive environment of commercial real estate, our knowledgeable professionals are here to help source opportunities for any property type, assess value, facilitate purchases and sales, advise management options, secure and retain tenants, negotiate leases, and navigate financing options. more complex projects like construc- tion management or repair after an accident. Here is why: real estate equity. The property becomes a tangible asset on your books to leverage when XPLOR Solutions XPLOR freedom. There is no project too small or large for a seasoned Manager to TOM DEITCHE VP PROPERTY MANAGEMENT Property ownership has never been easier with so many hands-off amenities today's world offers. If you are a business owner considering buying an office, or an existing user looking for better maintenance op- tions, Xplor Commercial Real Estate is able to help. Whether you need to answer questions, address concerns, or com- plete a cost savings analysis, Xplor is able to offer a personalized occupan- cy review. A professional assessment determines if ownership makes sense with your bottom-line and what steps to take toward that goal. Our client-centered approach builds trust, develops strong relationships. and never leaves a client on hold. As a full-service brokerage agency, we offer more than your average Realtor Xplor provides buyer, landlord, and tenant representation and has the knowledge and resources needed to create customized solutions for any project big or small From site selec- tonto asset management, our team puts our over 100 years of combined experience toward every client success. The Xplor team has over 100. years of combined experience in the commercial real estate field. A boutique firm based in downtown Fort Wayne, our office takes a team approach to your situation and will be with you every step of the way toward your goals. Currently man- aging over 2 million square feet in Northeast Indiana, you can be confi- dent that you are in great hands. (Figures for this article were provided by Costar, ICREX, and Allen County) NEAL WORDEN BROKER APPRAISER JAMES JAMICICH, BROKER XPLOR COMMERCIAL REAL ESTATE 127 W BERRY ST, STE 700 FORT WAYNE, IN 46802 (260)487-3699 www.xplorcommercial.com Fort Wayne Office Market Trend : Long - Term Growth FROM XPLOR COMMERCIAL seeking credit , a tax break , potential passive income from a lease , or addi tional profit from a property sale . handle . A Manager's primary role is to make ownership easy by handling daily nuances so you can get back to your primary role , running a success ful business . The Fort Wayne office market is slowing , however cranes and construction workers still line Fort Wayne streets ; a sign investment dollars are still flowing despite high interest rates . It is hard to deny all of the major additions to the city and uptick in people taking advantage of all the new attractions . 2023 showed an increase in downtown activity , city population growth , and office space absorption . So far this year , the office user trend is either property ownership or sign a long term lease . These two factors prove business owners are looking to the future in Fort Wayne with long term goals . When assessing one's own situ ation , leasing and ownership have their pros and cons . In today's market should one own or lease office space ? One of the top reasons business owners decide to lease is to bypass the high demands of property mainte nance and " the unexpected . " Owners are busy running a business , why add the stress of property ownership to an already over - committed day ? If this interests you , here is how you can own your work environment DENNIS CALLISON PRESIDENT BROKER The Historic STAR Building located at 127 W Berry Street . A gem in the heart of downtown presently offers prestigious suites 113 up to 10,846 square feet . without the headaches of property oversight : hire a property manager to handle all day - to - day duties . Property Management will not only allow you to build equity through real estate investment , it also is the best hands - off approach to owner ship . Property Managers handle simple tasks such as ensuring park ing lots are plowed on snowy days to Xplor KIENAN O'ROURKE VICE PRESIDENT Xplor is a boutique commercial real estate fem besed in Fort Wayne Committed to providing each client with tailored solutions to maximize return through exceptional service . In today's competitive environment of commercial real estate , our knowledgeable professionals are here to help source opportunities for any property type , assess value , facilitate purchases and sales , advise management options , secure and retain tenants , negotiate leases , and navigate financing options . more complex projects like construc tion management or repair after an accident . Here is why : real estate equity . The property becomes a tangible asset on your books to leverage when XPLOR Solutions XPLOR freedom . There is no project too small or large for a seasoned Manager to TOM DEITCHE VP PROPERTY MANAGEMENT Property ownership has never been easier with so many hands - off amenities today's world offers . If you are a business owner considering buying an office , or an existing user looking for better maintenance op tions , Xplor Commercial Real Estate is able to help . Whether you need to answer questions , address concerns , or com plete a cost savings analysis , Xplor is able to offer a personalized occupan cy review . A professional assessment determines if ownership makes sense with your bottom - line and what steps to take toward that goal . Our client - centered approach builds trust , develops strong relationships . and never leaves a client on hold . As a full - service brokerage agency , we offer more than your average Realtor Xplor provides buyer , landlord , and tenant representation and has the knowledge and resources needed to create customized solutions for any project big or small From site selec tonto asset management , our team puts our over 100 years of combined experience toward every client success . The Xplor team has over 100 . years of combined experience in the commercial real estate field . A boutique firm based in downtown Fort Wayne , our office takes a team approach to your situation and will be with you every step of the way toward your goals . Currently man aging over 2 million square feet in Northeast Indiana , you can be confi dent that you are in great hands . ( Figures for this article were provided by Costar , ICREX , and Allen County ) NEAL WORDEN BROKER APPRAISER JAMES JAMICICH , BROKER XPLOR COMMERCIAL REAL ESTATE 127 W BERRY ST , STE 700 FORT WAYNE , IN 46802 (260)487-3699 www.xplorcommercial.com