- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Commercial Real Estate
Severance boosts pay of former Duke Realty exec
March 29, 2010
Peter SchnitzlerDuke Realty's former chief operating officer took home $3.1 million last year. The office, industrial and retail property
owner and manager
also awarded raises to its CEO and the rest of his management team.
MoreGeneral Growth preparing to file finance plan
March 29, 2010
Bloomberg NewsGeneral Growth is weighing options to exit Chapter 11 protection, with competing bids from Indianapolis-based Simon Property
Group Inc. and Brookfield Asset Management Inc.
MoreSimon Property hiked CEO's pay 34.7 percent last year
March 26, 2010
Peter SchnitzlerDavid Simon's $4.6 million in total compensation last year was $1.2 million more than in 2008. The rest of his management
team's pay declined or remained flat.
MoreFishers Town Council set to review auto mall plans
March 25, 2010
Butler Automotive Group is proposing a $19 million development along Indiana 37 that could include five auto dealerships and
create about 230 jobs.
MoreAnother General Growth suitor enters fray
March 23, 2010
Bloomberg NewsElliott Associates LP and Paulson & Co. are said to be discussing a plan to team with Brookfield Asset Management Inc. to
bring mall owner General Growth Properties Inc. out of bankruptcy, competing with Simon Property Group.
MoreProsecutor Brizzi defends no-cost real estate deal
March 20, 2010
Cory SchoutenMarion County Prosecutor Carl Brizzi paid nothing for a 50-percent stake in an Elkhart office building he acquired with a
local defense attorney.
MoreSimon Property Group adds Glasscock to board
March 18, 2010
IBJ Staff and Associated PressFormer WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
MoreSimon weighs new General Growth bid, sources say
March 17, 2010
Associated PressSimon Property Group Inc. is considering raising its $10 billion buyout offer for rival shopping mall owner General Growth
Properties Inc. as early as this week.
MoreJudge: Bren Simon can't liquidate Simon Property holdings
March 16, 2010
Greg AndrewsA Hamilton County judge says Mel Simon’s widow can’t cash in partnership units worth more than $500 million.
MoreNo buyers surfacing for former Winona Hospital
March 15, 2010
As of Monday morning, the Marion County Metropolitan Development Commission had received no bids to buy the property. MDC
is set to begin reviewing bids at its Wednesday meeting.
MoreSimon, rival seek foreign investors to back General Growth bid
March 15, 2010
IBJ StaffIndianapolis-based Simon Property Group and its chief rival in the battle to acquire bankrupt shopping mall operator General
Growth Properties Inc. are seeking funding from sovereign wealth funds in the Middle East and Asia, according to the Financial
Times of London.
MoreBrizzi's lease deals benefited friend, donor
March 13, 2010
Cory SchoutenRecords show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor's Office to his friend, business
partner and political contributor John Bales.
MoreRecycler J. Solotken & Co. recycles old building
March 13, 2010
IBJ StaffCentury-old firm moves from facility it had occupied since 1936 to former home of Frank E. Irish Co.
MoreMarine tech unit to fill four floors at struggling M&I Plaza
March 13, 2010
Cory SchoutenA 10-year, $20 million deal for a civilian division of the U.S. Marine Corps to occupy four floors of the 28-story M&I
Plaza building downtown will push
the city's sixth-largest office tower from a woeful 30-percent occupancy rate to about 50 percent.
MoreSimon says new General Growth plan is less uncertain
March 11, 2010
Bloomberg NewsA new plan by mall owner General Growth Properties Inc. to exit bankruptcy resolves some uncertainty rival bidder Simon Property
Group Inc. has criticized, Simon CEO David Simon says.
MoreGeneral Growth investors add $3.93B to Brookfield plan
March 8, 2010
Bloomberg NewsThe cash payment matches a provision of a competing bid by Indianapolis-based Simon Property Group Inc., which has offered
to buy its biggest competitor for more than $10 billion and pay all unsecured creditors.
MoreSimon Property CEO uses hard-nosed style to excel at acquisitions
March 6, 2010
Cory SchoutenDavid Simon, the shrewd and blunt deal-maker—an acquisitive former Wall Street wunderkind who transformed Simon Property
Group Inc. into the nation's largest mall owner—is trying to land his biggest deal yet.
MoreMotorsports park proposed for southwest side of Indy
March 6, 2010
IBJ StaffPlans call for a Motocross track, one-fifth-mile dirt track and ATV trails on
36 acres near Interstate 465 and Mann Road.
MoreCreditors: General Growth biased toward Brookfield proposal
March 3, 2010
Bloomberg NewsGeneral Growth Properties Inc. may favor a risky bid from Brookfield Asset Management Inc. because of that company’s
agreement with William Ackman’s Pershing Square Capital Management LP, creditors said in court documents. Simon Property
Group also has bid to acquire the bankrupt company.
MoreStutz Business Center owner purchases Canterbury Hotel
March 1, 2010
Scott OlsonTurner Woodard has purchased the historic Canterbury Hotel on South Illinois Street. He said the hotel fits his vision of
turning around properties and making them profitable.
MoreRegulators take interest in Simon's play for Prime Outlets
February 27, 2010
Bloomberg NewsThe Federal Trade Commission has contacted Gap Inc. about Simon Property Group's proposed acquisition of Prime Outlets
Acquisition Co.
MoreDisagreement about parking delays project on Meridian Street
February 27, 2010
IBJ StaffA local developer’s plans to renovate a long-vacant and graffiti-covered 1915 building have hit a snag.
MoreGeneral Growth seeks to block lawsuit over Simon bid
February 26, 2010
Bloomberg NewsGeneral Growth Properties Inc. asked a judge to block a shareholder lawsuit accusing its board of improperly rejecting an
acquisition bid from Simon Property Group Inc.
MoreBattle for General Growth biggest real estate fight in years
February 25, 2010
Bloomberg NewsThe battle for General Growth Properties Inc., owner of more than 200 U.S. malls, is turning into the biggest real estate
skirmish since the sale of Sam Zell's Equity Office Properties Trust.
MoreBrookfield deal doesn't put Simon out of General Growth game
February 25, 2010
Bloomberg NewsThe bid by Simon Property was an "initial salvo" and the Brookfield plan likely will prompt a new offer from the Indianapolis-based
mall owner, real estate research analyst says.
More
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.