February 8, 2012
Kathleen McLaughlinThe Greenwood Redevelopment Commission on Tuesday evening approved an incentives agreement with One Click Ventures LLC, which
plans to hire 109 people over the next five years.
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February 7, 2012
Tom HartonTwo brothers purchased the pair of connected buildings at the northwest corner of 16th and Alabama streets and will use the
property for a 50-seat café and the offices for Nottingham Realty Group.
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February 3, 2012
Simon Property Group Inc., the largest U.S. shopping-mall owner, reported a 6.3-percent gain in fourth-quarter funds from
operations as income from rents rose.
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January 31, 2012
Tom HartonAn 82-year-old downtown commercial building that’s had trouble luring tenants is suddenly positioned to thrive courtesy
of an $85 million mixed-use project planned for a site right across the street.
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January 30, 2012
Scott OlsonLandlord Circle Centre Mall LLC is suing the restaurant over $77,275.24 in unpaid rent, according to court documents. Circle
Centre also sued Bella Vita in June 2010 over $96,523.23 in overdue rent.
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January 28, 2012
Cory SchoutenAn apartment building spree downtown is getting fresh fuel with an $85 million mixed-use development that will be anchored
by a Marsh grocery.
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January 26, 2012
Scott OlsonSouth Florida sports agent Howard Jaffe's Barjaf Group is temporarily leasing the space, which will feature a nightclub
in which rapper Nelly is set to perform the night before the Super Bowl.
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January 25, 2012
Indianapolis-based Duke Realty Corp. slightly exceeded analyst estimates with it financial performance in the fourth quarter,
the company reported Wednesday.
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January 24, 2012
Cory SchoutenA local developer plans to build a Marsh grocery store and hundreds of apartments in an $85 million project that would replace
a block and a half of surface parking lots in the northwest quadrant of downtown.
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January 24, 2012
Tom HartonThe 86,634-square-foot building that houses a Kohl's department store fetched $15.3 million, or about $177 per square foot,
according to a CoStar Group report.
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January 21, 2012
Cory SchoutenState officials in 2005 vowed to run a competitive process to select a private firm to handle real estate leasing for public
agencies, but a 20-page request for services to more than 400 potential bidders was a sham, according to three people with
knowledge of the process.
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January 20, 2012
Scott OlsonIndianapolis-area homeowners are looking to cash in by opening up their homes to visitors for daily prices ranging from about
$700 to $9,000, but demand may not come until participants in the big game are settled.
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January 17, 2012
Tom HartonUp for grabs are 670 acres of prime farmland southwest of Pendleton between Interstate 69 and U.S. 36.
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January 13, 2012
Mason King
Owner Hal Yeagy expects at least three months of business over 10 days
at the newly nonsmoking Slippery Noodle Inn, and he's spending nearly $300,000 on physical improvements and a temporary
tent to make sure it rocks.
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January 12, 2012
Developer Sydney "Jack" Williams received one year in prison and a $25,000 fine for failing to report millions of dollars
he received in commissions related to a Florida investment scheme.
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January 12, 2012
IBJ StaffLast year wasn’t a great one for the Indianapolis-area commercial real estate market, but it wasn’t a particularly
bad one, either, according to a report by Cassidy Turley to be released Thursday.
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January 11, 2012
Bloomberg NewsThe Indianapolis developer's sale of its 49-percent stake further reduces the company's presence in Europe.
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January 10, 2012
Tom HartonOwners of Broad Ripple’s Brugge Brasserie want to bring a new restaurant concept to the Massachusetts Avenue district
downtown, where they also plan to relocate the craft brewery that supplies beer to Brugge.
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January 7, 2012
Greg AndrewsDavid Simon's massive new compensation plan—which includes a $120 million long-term bonus—is a drop in the
bucket compared with the wealth the company has been creating in recent years, even as the overall market zigs and zags.
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January 5, 2012
Scott OlsonASI Limited informed an estimated 250 employees by letter that the company was no longer profitable. The manufacturer's high-profile
projects include Lucas Oil Stadium and the JW Marriott hotel.
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January 3, 2012
Cory SchoutenA local developer and historic preservation group have teamed up to save a 1913 apartment building near the Children's Museum
from demolition.
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December 31, 2011
IBJ StaffThe one-story structure will serve as a studio and headquarters for Axis Architecture + Interiors and Rundell Ernstberger
Associates LLC.
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December 29, 2011
IBJ Staff and Associated PressSears Holding Co. said Thursday it will close a Kmart store on Pendleton Pike in Indianapolis and a Sears department store
in Anderson as part of a round of closures.
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December 29, 2011
Kathleen McLaughlinSimon Property Group has more shopping malls with Sears as a tenant than any other landlord, but any closings are likely have
a negligible effect on the Indianapolis-based real estate company's overall earnings, an analyst says.
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December 28, 2011
Francesca JaroszFor a Super Bowl-related initiative to revitalize Indianapolis’ near-east side, the hardest work will come after the
Feb. 5 game.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.