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Commercial Leases
Circle Centre resolves lease dispute with Cinnabon
September 26, 2011
An attorney for the downtown Indianapolis mall has filed to dismiss the complaint, saying the two sides have resolved the
dispute through an out-of-court settlement.
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.
MoreJillian’s set to vacate ground floor of downtown building
July 15, 2011
Scott OlsonAn unidentified restaurant and bar is set to sign a lease by Sept. 1 to assume the Meridian Street space Jillian's has agreed
to relinquish as part of a lease dispute with its landlord. The entertainment complex will continue to operate on the second
and third floors.
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.
MoreMultiple tenants likely needed to plug Nordstrom hole
June 4, 2011
Greg AndrewsNordstrom occupies a staggering 210,000 square feet spread across three floors—60 percent more space than the Seattle-based
chain occupies at the Fashion Mall at Keystone and likely more than any single retailer would be willing to lease.
MoreBull-themed Cadillac Ranch takes over Music Mill
June 4, 2011
IBJ StaffNightclub Cadillac Ranch plans to open a location in the former Music Mill restaurant and concert venue on 82nd Street.
MoreSchool moving to vacant downtown building
May 3, 2011
Tom HartonA small private school that serves gifted and talented students intends to move to a downtown building that has been vacant
since a daycare center moved out three years ago.
MoreOffice stats don't tell full story of market's recovery
April 19, 2011
Tom HartonCassidy Turley's research director said the pace of leasing activity is the best he’s seen in 18 to 24 months.
MoreMZD Advertising office returns to downtown
April 16, 2011
IBJ StaffCentral location cited in reversal of 2007 move to north suburbs.
MoreLandlord seeking to evict Jillian's over unpaid rent
April 15, 2011
Scott OlsonThe landlord of the downtown building that houses Jillian's, which filed for bankruptcy protection earlier this week, wants
the restaurant and entertainment complex out of its building, alleging the tenant owes nearly $700,000.
MoreVirginia not-for-profit suing Duke Realty for $30M
March 9, 2011
Military think tank CNA claims Duke Realty breached its obligations as landlord by selling land in Alexandria to the Department
of Defense, which plans to build a bomb-inspection facility on the site.
MoreFourth-quarter commercial real estate stats for Indianapolis
February 19, 2011
Statistics for Indianapolis office and industrial property.
MoreDuke Realty reports strong year-end results
January 27, 2011
Cory SchoutenDuke Realty Corp. reported a fourth-quarter profit almost 70 percent above last year's figure as it closed out its best
leasing year since 2007 and finished with its highest annual portfolio occupancy rate since 2004.
MoreBrenwick turns over commercial sales, leasing at Village of West Clay
January 25, 2011
Tom HartonAmbrose Property Group, a commercial leasing and development company headed by former Duke Realty Corp. broker Aasif Bade,
took over for Brenwick, which is primarily a residential developer, at the beginning of the year.
MoreParking key issue in Rolls-Royce's possible downtown move
January 15, 2011
Francesca JaroszRolls-Royce Corp.’s decision whether to move about 2,500 office employees to a former Eli Lilly and Co. downtown campus
could hinge on three critical factors—parking, incentives and lease terms for the space.
MoreNot much optimism in commercial real estate outlook
January 13, 2011
Cory SchoutenAnother challenging year is in store for commercial real estate thanks to high unemployment, a still-struggling housing market
and an unforgiving credit environment, Cassidy Turley plans to report Thursday at its annual State of Real Estate event.
MoreSara Lee to lease 281,000 square feet in Plainfield
January 10, 2011
IBJ StaffSara Lee Corp. has signed a lease for about 281,000 square feet of space at Plainfield Business Center at Airwest. The Illinois-based
maker of food products will establish a new distribution center in the space in February.
MoreBrightpoint expansion includes three buildings
January 4, 2011
The distributor of wireless devices has completed its purchase of a 533,000-square-foot facility in the AllPoints Midwest
business park in Plainfield and is leasing a 200,000 square-foot building, also in Plainfield.
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.
MoreUPDATE: City Market has tentative deal with longtime tenant
December 2, 2010
Scott OlsonCity Market operators have reached a tentative deal to settle a dispute with Grecian Garden's owners after alleging the eatery
was late on its rent payments for several months. Details of the agreement were not disclosed.
MoreDow AgroSciences moves into new research facility
November 20, 2010
IBJ StaffThe division of Dow Chemical has a 15-year lease with Indianapolis-based developer Browning Investments on the two-story building
near West 96th Street.
MoreRock Bottom Brewery tries to hang onto downtown lease
November 3, 2010
Kathleen McLaughlinDowntown landlord John Goodman has rejected Rock Bottom Brewery's attempt to renew its lease for five more years. The restaurant
has occupied 14,600 square feet at 10 W. Washington St. since June 1, 1996.
MoreElection Board agrees to lease former Marsh store
November 2, 2010
Cory SchoutenThe Marion County Election Board has agreed to lease about 41,000 square feet in a former Marsh store along East Washington
Street for an election services center.
MoreIndustry vet sees sectors on upswing, auctions booming
October 11, 2010
Cory Schouten
Jeff Henry, managing principal of Cassidy Turley, believes the commercial real estate market has seen the worst
but isn't far off the bottom yet. Meanwhile, banks are beginning to jettison properties in a wave of auctions.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.