October 8, 2012
Scott OlsonSuburban New Orleans investment firm National Tax Asset Fund LLC placed the bid during the Marion County tax sale that ended
Friday. WFMS parent Cumulus Media Inc. owns the property and owes more than $80,000 in back taxes.
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October 6, 2012
Part of former Borders bookstore space is marketing opportunity for Greensburg-based bank. The other half could be turned
into lobby for Barnes & Thornburg.
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October 6, 2012
The university chose Keystone over Kite Realty Group and Lauth Property Group to build housing, retail and parking worth up
to $45 million.
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October 5, 2012
Scott OlsonThe owner of the hotel, an affiliate of Dora Brothers Hospitality Corp. in Fishers, filed for Chapter 11 bankruptcy in February.
German American Capital Corp., which is owed $12 million, could own the property by the end of the year.
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October 2, 2012
Tom HartonTeagen Development Inc. has a purchase agreement for the 6,600-square-foot building at 1101 N. College Ave., rescuing it from
an attempt—since withdrawn—to demolish the structure.
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October 1, 2012
Scott OlsonA Marion Superior Court judge has appointed a receiver to manage the seven-story building in downtown Indianapolis that is
facing foreclosure. A lender to the building's owner claims it is owed $10.5 million.
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September 28, 2012
Scott OlsonThe Indianapolis developer will continue to own its corporate headquarters at 117 E. Washington St. after reaching a settlement
with two banks that had filed a lawsuit to foreclose on the building.
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September 26, 2012
Mason King
Much-anticipated upgrades to the high-profile Fashion Mall at Keystone will be ready for shoppers by mid-November. Mall
owner Simon Property Group provided a sneak peek on Wednesday of work under way.
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September 25, 2012
Tom HartonA high-end apartment project and neighborhood retail center are scheduled to break ground soon as the first components of
the retooled Fishers Marketplace development at State Road 37 and 131st Street.
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September 22, 2012
Cory SchoutenCode dating to 1969 to be updated to encourage density, sustainability and mass transit.
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September 22, 2012
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates
and the local industrial market.
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September 22, 2012
Mason KingClass B admirers are benefiting from low prices and lending rates, and turning the buildings into apartment and company headquarters.
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September 22, 2012
Craig Von Deylen / Special to IBJWhat most people consider Fountain Square is actually a combination of three neighborhoods: Fountain Square, Fletcher Place
and Holy Rosary. In 2005, I started working on my first project in this area, and it has changed the direction of my professional
path in just about every way possible.
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September 22, 2012
Chris O'MalleyPerry Griffith, the scion of the Griffith family’s Denison Parking empire, is handing the CEO reins to the executive
who helped him expand the Indianapolis company to 10 other states in as many years.
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September 22, 2012
A panel conversation with Katie Culp, senior managing director, principal, Cassidy Turley; Mike Higbee, president, DC Development
Group; Christie B. Kelley, chief financial officer, executive vice president, Duke Realty Philip; G. Kenney, president, F.A.
Wilhelm Construction Co.; Thomas K. McGowan, president and chief operating officer, Kite Realty Group; and Tadd M. Miller,
CEO, Milhaus Development LLC.
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September 20, 2012
Cory SchoutenSimon Property Group Inc. has settled a dispute with the estate of its late founder Melvin Simon, converting his ownership
units into common shares and selling them for $944 million.
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September 20, 2012
Bloomberg NewsLuxury outlet malls—where upscale retailers such as Coach Inc. and Michael Kors Holdings Ltd. hawk discount goods—are
now the main source of expansion for the Indianapolis-based real estate investment trust, the country’s largest.
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September 19, 2012
Scott OlsonOscar Robertson's money troubles in Ohio have been well documented lately. But in his hometown of Indianapolis, he's trying
to convince a judge that he's not responsible for a $203,000 bank loan.
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September 18, 2012
Tom HartonFast-growing Ambrose Property Group plans to develop a $12 million warehouse building on a site in Plainfield that it acquired
last month from the FDIC.
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September 15, 2012
Cory SchoutenA fast-growing Indianapolis real estate firm is poised to acquire one of the city’s most iconic and well-located historic
buildings.
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September 14, 2012
Bloomberg NewsBrookfield Asset Management Inc. is keeping a tight grip on its stake in General Growth Properties Inc. in a bet the second-largest
U.S. mall owner is better off as an independent company that will jump in value.
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September 11, 2012
Bloomberg NewsA Simon Property Group Inc. executive said that the largest U.S. mall owner isn’t trying to acquire competitor General
Growth Properties Inc., which announced Monday that it won’t put itself up for sale.
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September 11, 2012
IBJ StaffA Marion County judge has denied a legal challenge by the Indianapolis Airport Authority that would prevent a Cincinnati-based
developer from opening a competing parking lot near the airport.
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September 11, 2012
Tom HartonEnglewood Development has under contract the former Shirley Engraving property at 460 Virginia Ave., where it plans up to
50 apartments, about 5,000 square feet of retail space and an underground parking garage.
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September 10, 2012
Bloomberg NewsGeneral Growth Properties Inc., the second-largest U.S. shopping-mall owner, rejected investor Bill Ackman’s request
to put itself up for sale and said it will remain independent.
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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.