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Leases/leasing contracts

July 30, 2013
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-Hustler Turf leased 38,688 square feeet at Franklin Road Distribution Center, 221 S. Franklin Road. The tenant was represented by JD Graves of CBRE. The landlord, DCT Industrial Trust Inc., was represented by Jeremy Woods and Andrea Hopper of Summit Realty Group.

-Ernst & Young renewed its lease for 35,661 square feet in Chase Tower. The tenant was represented by Denice Michel and Michael Corr of Jones Lang LaSalle. The landlord, CW Monument Circle Inc., was represented by Adam Broderick and John Robinson of Jones Lang LaSalle.  

-The Room Place leased 14,998 square feet at Greyhound Plaza, 14610-14790 N. U.S. 31, Westfield. The tenant was represented by Bill Mass of Mass Realty. The landlord, The Broadbent Co., was represented by Joe Kenney of Broadbent.

-Northwestern Mutual leased 6,464 square feet of office space at 965 Emerson Parkway, Greenwood. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Allen Commercial Group, represented itself.

-Hoover Custom Homes leased 6,000 square feet of industrial space at 7723 Loma Court, Fishers. The tenant was represented by Cameron Kucic of Summit Realty Group. The landlord, Provost Contracting Co., was represented by Bryan Poynter of Cassidy Turley.
 
-180 Skills LLC leased 4,003 square feet of office space at 6640 Intech Boulevard. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Lauth Property Group, was represented by Jack Hogan of Jones Lang LaSalle.

-River Valley Resources Inc. leased 3,300 square feet at 1375 W. 16th St. The landlord, Pine Street Properties LLC., was represented by Cam Kucic, Jason Speckman, and Rich Forslund of Summit Realty Group. The tenant represented itself.

-First Watch Restaurant leased 3,036 square feet at Willow Lake West, 2902 W. 86th St.  The tenant was represented by Allison Hawley and Don Williams of Cassidy Turley. The landlord, USRP Willow West LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.

-Mastec North America leased 2,347 square feet of industrial space at 9855 Crosspoint Blvd. The tenant was represented by Andrew Follman of NAI Meridian Real Estate Services. The landlord, Clarion Partners, was represented by Bryan Poynter and Fritz Kauffman of Cassidy Turley.

-IRC Music Inc. leased 1,400 square feet of office space at 8120 8160 W. Castleway Court. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.  

-Bay Restaurants LLC , doing business as Yats, leased 1,404 square feet of space at Hamilton Town Center, Noblesville. The tenant was represented by Gary Perel of Newmark Knight Frank Halakar. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.
 
-Mary Kay leased 1,000 square feet at Washington Shoppes, 10021 E. Washington St. The landlord, The Broadbent Co., was represented by Josh Broadbent. The tenant represented itself.

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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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