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Brokers
Progress slow on variety of metro area deals
December 27, 2011
Tom HartonMany projects we reported on here over the past year are still in progress, confirming that the real estate market is still
sluggish.
MoreWarnings about broker's tactics went unheeded
December 17, 2011
Cory SchoutenSeveral state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched
an investigation that led to his indictment.
MoreNew deals add to robust year in apartment sales
December 6, 2011
Tom HartonThe number of transactions has more than doubled compared with last year, a spike in deal flow caused by healthy occupancy
rates and a combination of ample supply and low borrowing costs.
MoreBroad Ripple buildings slated for office conversion
November 8, 2011
Tom HartonKyle Robinson and Drew Loftus are in the process of buying and rezoning a trio of vacant, connected buildings at 6334 Westfield
Blvd., where the Monon Trail crosses the canal.
MoreBuyers edging back into Indianapolis commercial real estate
November 5, 2011
Cory SchoutenMost buyers are bottom-fishers, investors looking for better returns or companies wanting their own building.
MoreLawrence Township school district buildings in play
October 11, 2011
Tom HartonThe district is beginning an evaluation that could result in three buildings being sold and part of another being renovated
for private-sector tenants.
MoreCalifornia firm's Park 100 portfolio goes back to lender
October 4, 2011
Tom HartonCalifornia-based Blue Real Estate lost the last big chunk of its Indianapolis portfolio last week when a lender took control
of Blue’s 360,000-square-foot, seven-building portfolio in Park 100.
MoreIndustrial-market sales this year end deal drought
September 20, 2011
Tom HartonThrough the first eight months of this year, there were at least seven sales of large industrial properties in the market,
compared with zero last year.
MoreNew owners aim for big profit after buying IPS school on the cheap
September 6, 2011
Cory SchoutenThe buyers of former IPS School 64 stand to make hundreds of thousands of dollars if they manage to flip the property they
bought for just $20,000.
MoreMeridian latest brokerage to make affiliation move
August 1, 2011
Cory SchoutenThe commercial real estate brokerage Meridian Real Estate is picking up the NAI Global affiliation previously held by Olympia
Partners, which folded in January after a 20-year run.
MoreProspects bright for Borders replacements
July 26, 2011
Cory SchoutenBrokers expect strong demand from other retailers, in part because the failed bookstore chain carefully chose its real estate,
opting for locations near concentrations of affluent and educated consumers.
MoreBush Stadium rehab is Watson's latest creative project
July 16, 2011
Katie MaurerLongtime Indianapolis developer launches spirited attempt to save baseball palace.
MoreMarsh lands big tenant, will reoccupy headquarters
July 5, 2011
Tom HartonMarsh Supermarkets is reoccupying a portion of its long-vacant headquarters building and has snagged a plum tenant to sublease
most of the rest of the space.
MoreReport paints brighter picture for retail
June 14, 2011
Tom HartonThe real estate investment firm Marcus & Millichap says vacancy rates and tenant concessions in Indianapolis are falling
while rents and sale prices are poised to rise.
MoreVeritas Realty owner sells stake to partner
May 24, 2011
Cory SchoutenVeteran developer Danny Marr has sold his stake in Indianapolis-based Veritas Realty to a partner and plans to work as a residential
real estate agent in Florida.
MoreAirport seeks broker to market ex-ATA HQ
May 5, 2011
Chris O'MalleyThe Indianapolis Airport Authority plans to hire a broker to market the 16.5-acre campus along Washington Street near Indianapolis
International Airport once used by ATA Airlines. It has been vacant for three years.
MoreCondo sales lag in hot downtown apartment market
April 5, 2011
Cory SchoutenNew apartment projects carrying premium rents are popping up all over downtown, but the strong demand for urban living isn't
providing much of a boost for the condo market.
MoreNAI Olympia vets join brokerage startup Alliance
January 22, 2011
Cory SchoutenIf Alliance grows as fast as projected, it could break into the city’s top-10 largest commercial real estate brokerage
companies for 2011, based on IBJ’s Book of Lists.
MoreReal estate brokers scrambling for national partnerships
January 8, 2011
Cory SchoutenTop commercial real estate firms have been playing a name game of late, picking up or dropping national affiliations in a
broad realignment of the city’s brokerage business.
MoreCommercial real estate will continue its climb back in 2011
January 4, 2011
Tom HartonMedical office likely will be the strongest sector, followed by apartments.
MoreNAI Olympia brokerage firm closing after 20-year run
December 14, 2010
Cory SchoutenThe principals of NAI Olympia Partners have decided to shut down the firm after 20 years in business, leaving its competitors
to pick from more than 20 veteran office, industrial and retail brokers.
MoreCB Richard Ellis names new managing director
December 10, 2010
The local office of the commercial real estate brokerage has named firm veteran John Merrill as its new managing director.
He replaces David Reed, who left in late August.
MoreGeist apartment complex sale ends drought of Class A transactions
November 23, 2010
Tom HartonGrande Reserve at Geist fetched $13.3 million, just shy of the asking price.
MoreRedevelopment planned for vacant car dealership
November 9, 2010
Tom HartonThe 2.5-acre property might be retrofitted by late spring for fast-food, retail and possibly medical office users.
MoreIndianapolis-area experts see bright spots amid ongoing real estate weakness
October 23, 2010
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ
Power Breakfast.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.