Commercial Real Estate

Indiana House OKs looser rules on selling old schools

January 28, 2013
Associated Press
The Indiana House has approved a bill that would shorten the time that school districts must hold onto vacant buildings in case a charter school operator wanted to move into the building.
More

Real estate developers' exhilaration turns to pain in bankruptcyRestricted Content

January 26, 2013
Greg Andrews
Many Indianapolis developers know the feeling. In good times, few industries generate an adrenalin rush like real estate development. But it’s a highly leveraged business built upon certain assumptions that proved flimsy when the financial crisis hit.
More

Bales' trial could turn on definition of ownershipRestricted Content

January 26, 2013
Cory Schouten
The jury trial in South Bend for real estate developer John Bales and his general counsel, William E. Spencer, is scheduled to begin Jan. 28 and last up to two weeks. Bales and Spencer, both 45, are facing 13 counts, including wire and mail fraud.
More

HHGregg ratchets back, but analysts still uneasyRestricted Content

January 19, 2013
Greg Andrews
HHGregg now has 228 stores in 20 states. So it has grown a great deal. But the “exceptional store economics” it used to promote are gone, thanks largely to a breathtaking collapse in sales of flat-screen televisions.
More

Mall REITs soared in 2012 by ditching struggling centers

January 18, 2013
Bloomberg News
Mall owners, including Simon Property Group Inc. and General Growth Properties Inc., have been moving on from struggling retail centers as the economic rebound drives them to focus on the best-performing markets.
More

Retailer plans 250-worker Hendricks County warehouse

January 17, 2013
Gordmans, an apparel and home decor retailer, said it will spend $37.5 million to construct and equip a 545,000-square-foot distribution center in Clayton.
More

$1.5M plan to salvage Di Rimini nears finish line

January 15, 2013
Cory Schouten
The bank that owns the hulking pile of code violations known as Di Rimini at the southeast corner of Capitol Avenue and St. Clair Street is poised to invest more than $1.5 million to finish the ill-fated project.
More

Cassidy Turley offers mixed outlook on Indy real estate

January 10, 2013
Cory Schouten
The city's largest real estate brokerage expects the industrial and housing markets to boom in 2013, but offers a more cautious view on the office and retail sectors, predicting that uncertainty caused by political gridlock could hamper an already sluggish recovery.
More

Duke Realty sells six-building local office complex

January 9, 2013
Cory Schouten
Two Illinois companies have acquired a six-building, 446,000-square-foot Indianapolis office portfolio from locally based Duke Realty Corp. Industry sources say the buildings sold for more than $20 million.
More

Local elevator service firm bought by German company

January 8, 2013
The Indianapolis elevator repair and installation company has been acquired by ThyssenKrupp AG. Amco Elevator was founded in 1965 and had been locally owned until the purchase.
More

$30M Keystone mixed-use project seeks city approval

January 8, 2013
Tom Harton
Hendricks Commercial Properties wants to build a five-story, L-shaped building with more than 36,000 square feet of ground-level retail space and 130 high-end apartments on the upper floors.
More

Fortune's death puts 14 West building up for grabsRestricted Content

January 5, 2013
Cory Schouten
A historic brick building long used as a restaurant and hotel suites next door to Circle Centre mall is going up for sale for the first time in almost a decade, with an expected asking price of $4 million.
More

Investor: Kroger missed chance to buy ‘linchpin’ propertyRestricted Content

January 5, 2013
 IBJ Staff
Owner of real estate near 16th and Central says grocery chain showed little interest, but Kroger says it still wants property to make way for new downtown store.
More

Bales partner pleads guilty in deal with prosecutors

January 4, 2013
Cory Schouten
Indianapolis attorney and developer Paul J. Page has agreed to cooperate with federal prosecutors in an investigation that targets former Marion County Prosecutor Carl Brizzi.
More

Developer loses fraud appeal

December 28, 2012
Scott Olson
The Indiana Court of Appeals affirmed Christopher White's 2009 conviction, resulting from a $500,000 bad check he wrote as he tried to save his real estate development firm.
More

Former Lifestyle gym building target of foreclosure

December 28, 2012
Scott Olson
The owner of the building at 4225 E. 82nd St. owes $4.9 million on a $7.4 million loan, according to the suit. The tenant, Lifestyle Family Fitness, closed the location in November 2011.
More

2012 NEWSMAKER: CEO keeps Simon stock surging

December 28, 2012
 IBJ Staff
If there were an MVP for local CEOs, David Simon would again find himself at or near the top of the list in 2012.
More

Kite continues Southeast push with $37.3M in acquisitions

December 27, 2012
 IBJ Staff
In December, the Indianapolis-based real estate investment trust bought two shopping centers in Greenville, S.C., using proceeds from its recent $60 million stock sale.
More

Irvington groups save landmark from demolition

December 26, 2012
Dan Human
The former post office at Washington Street and Ritter Avenue once anchored a commercial hub in the historic neighborhood. About $400,000 in repairs are expected before the groups attempt to flip the property for a new use.
More

25-acre retail project aims to hook groceryRestricted Content

December 22, 2012
Cory Schouten
Developers are moving forward on plans for a 25-acre, grocery-anchored redevelopment in the Highland-Kessler neighborhood after winning city zoning approval this month.
More

Judge: Indiana districts can sell schools despite law

December 19, 2012
Associated Press
A judge has ruled that two northeastern Indiana school districts can sell vacant schools, bypassing a state law requiring them to wait four years in case a charter school wanted to claim the buildings.
More

Developer close to starting project at 116th, Springmill

December 18, 2012
Tom Harton
Gershman Brown Crowley Inc. is in the process of getting design approval from the city of Carmel for a 9,600-square-foot retail building and a 13,200-square-foot CVS pharmacy.
More

Buyer of vacant Connersville factory gets more time

December 17, 2012
Associated Press
Officials of an eastern Indiana city are giving the potential buyer of a large vacant auto parts factory more time to close on the purchase.
More

Pendleton turns to past to revitalize its downtown

December 14, 2012
Associated Press
The town 25 miles northeast of Indianapolis was approved for the state's branch of Main Street, a project of the National Trust for Historic Preservation, aimed at helping communities revitalize their downtowns and neighborhood commercial districts.
More

Analysis: Simon factions make peace as tax hike looms

December 14, 2012
Cory Schouten
Widow Bren Simon and her stepchildren finally managed to settle a long legal battle over the estate of mall magnate Melvin Simon. The goal that appears to have united the survivors: Reducing Uncle Sam's take of a fortune that has swelled to nearly $3 billion.
More
Page  << 11 12 13 14 15 16 17 18 19 20 >> pager
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Socialized medicine works great for white people in Scandanavia. It works well in Costa Rica for a population that is partly white and partly mestizo. I don't really see Obamacare as something aimed against whites. I think that is a Republican canard designed to elicit support from white people for republican candidates who don't care about them any more than democrats care about the non-whites they pander to with their phony maneuvers. But what is different between Costa Rica nd the Scandanavian nations on one hand and the US on the other? SIZE. Maybe the US is just too damn big. Maybe it just needs to be divided into smaller self governing pieces like when the old Holy Roman Empire was dismantled. Maybe we are always trying the same set of solutions for different kinds of people as if we were all the same. Oh-- I know-- that is liberal dogma, that we are all the same. Which is the most idiotic American notion going right back to the propaganda of 1776. All men are different and their differences are myriad and that which is different is not equal. The state which pretends men are all the same is going to force men to be the same. That is what America does here, that is what we do in our stupid overseas wars, that is how we destroy true diversity and true difference, and we are all as different groups of folks, feeling the pains of how capitalism is grinding us down into equally insignificant proletarian microconsumers with no other identity whether we like it or not. And the Marxists had this much right about the War of Independence: it was fundamentally a war of capitalist against feudal systems. America has been about big money since day one and whatever gets in the way is crushed. Health care is just another market and Obamacare, to the extent that it Rationalizes and makes more uniform a market which should actually be really different in nature and delivery from place to place-- well that will serve the interests of the biggest capitalist stakeholders in health care which is not Walmart for Gosh Sakes it is the INSURANCE INDUSTRY. CUI BONO Obamacare? The insurance industry. So republicans drop the delusion pro capitalist scales from your eyes this has almost nothing to do with race or "socialism" it has to do mostly with what the INSURANCE INDUSTRY wants to have happen in order to make their lives and profits easier.

  2. Read the article - the reason they can't justify staying is they have too many medicare/medicaid patients and the re-imbursements for transporting these patient is so low.

  3. I would not vote for Bayh if he did run. I also wouldn't vote for Pence. My guess is that Bayh does not have the stomach to oppose persons on the far left or far right. Also, outside of capitalizing on his time as U. S. Senator (and his wife's time as a board member to several companies) I don't know if he is willing to fight for anything. If people who claim to be in the middle walk away from fights with the right and left wing, what are we left with? Extremes. It's probably best for Bayh if he does not have the stomach for the fight but the result is no middle ground.

  4. JK - I meant that the results don't ring true. I also questioned the 10-year-old study because so much in the "health care system" has changed since the study was made. Moreover, it was hard to get to any overall conclusion or observation with the article. But....don't be defensive given my comments; I still think you do the best job of any journalist in the area shedding light and insight on important health care issues.

  5. Probably a good idea he doesn't run. I for one do not want someone who lives in VIRGINIA to be the governor. He gave it some thought, but he likes Virginia too much. What a name I cannot say on this site! The way these people think and operate amuses me.

ADVERTISEMENT