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Office Complexes
Chase Tower's $201M sale price sets record
July 14, 2012
Cory SchoutenA publicly traded real estate investment trust has agreed to pay $201 million for the tallest building in Indiana, a price
that could give a boost to the local investment market.
MoreBuckingham recruiting tenants for CityWay office building
June 16, 2012
Structure to be built steps away from Rolls-Royce, Lilly and newly built apartments and retail space.
MoreLauth embarks on turnaround of The Congressional in Carmel
June 12, 2012
Tom HartonThe local developer moved its offices into the building and plans more than $2 million in upgrades to reposition a property
that fell on hard times at the dawn of the national real estate crisis.
MoreSpec office building near Keystone to be first since 2008
June 9, 2012
Cory SchoutenA local developer plans to break ground this month on a three-story office building near Keystone at the Crossing that would
be the market’s first speculative office development in four years.
MoreInterchange project changes retail prospects on west side
June 5, 2012
Tom HartonLand at the Waterfront Office Park that sat vacant for decades is now ripe for retail development thanks to the reconfiguration
of a west-side interstate interchange.
MoreGreenwood eyes more office parks for I-65 corridor
May 29, 2012
Associated PressGreenwood Mayor Mark Myers wants to see more offices, corporate headquarters and medical facilities along Interstate 65. He's
been meeting with business owners and developers in the area to discuss ways they can team up to pursue that goal.
MoreProminent downtown buildings offered for sale
May 29, 2012
Tom HartonGreater availability of debt financing has spurred renewed interest in real estate deal-making. Chase Tower and Rolls-Royce's
downtown complex are for sale, while Capital Center is under contract.
MoreSummit lands bank tower management contract
May 15, 2012
Tom HartonSummit Realty Group assumed management of the 28-story M&I Plaza on May 14, replacing CBRE.
MoreFor-profit university eyes College Park office space
May 11, 2012
J.K. WallSouth Dakota-based National American University wants to turn 35,000 square feet on the second floor of a building in the
College Park office complex into its latest campus.
MoreVeteran broker Hohmann leaves Cassidy Turley to go solo
May 1, 2012
Tom HartonHohmann has been involved in numerous high-profile real estate deals over the years, including the transaction that resulted
in development of Intech Park and assembling about 60 acres for Clay Terrace in Carmel.
MoreDowntown building owner faults IPL for outages
April 21, 2012
Chris O'MalleyThe owner of Market Square Center is complaining to state utility regulators that Indianapolis Power & Light has failed
to provide reliable service to the office building, better known as the Gold Building, at 151 N. Delaware St.
MoreSuburban office market turns in strong first quarter
April 17, 2012
Tom HartonNet absorption was the highest in five years, chipping away at what has been a chronically high vacancy rate.
MoreForeclosure sought for downtown's Century Building
February 15, 2012
Scott OlsonThe lender claims owner Blue Real Estate defaulted on an $8.5 million loan on the historic building after failing to make
payments beginning in July 2011.
MoreCarmel office/retail complex hurt by road project gets second chance
December 13, 2011
Tom HartonMerchants Pointe, a two-building office/retail development at 116th Street and Keystone Parkway, is getting a fresh start
after major road construction drove away tenants and caused a previous owner to default.
MoreGiant Super Bowl ads set to adorn downtown buildings
December 7, 2011
Cory SchoutenDowntown building owners are looking to cash in on the upcoming Super Bowl by selling space for massive temporary advertisements.
MoreBroad Ripple buildings slated for office conversion
November 8, 2011
Tom HartonKyle Robinson and Drew Loftus are in the process of buying and rezoning a trio of vacant, connected buildings at 6334 Westfield
Blvd., where the Monon Trail crosses the canal.
MoreBuyers edging back into Indianapolis commercial real estate
November 5, 2011
Cory SchoutenMost buyers are bottom-fishers, investors looking for better returns or companies wanting their own building.
MoreDuke Realty's massive office sale wins praise on Wall Street
November 5, 2011
Greg AndrewsInvestors have bid up shares of Duke Realty 13 percent since the company announced it was selling a huge portfolio of office
buildings for $1.1 billion.
MoreDuke Realty selling 82 office buildings for $1.1B
October 21, 2011
IBJ StaffThe sale includes buildings with a combined 10.1 million square feet of space in Atlanta, Chicago, Columbus, Dallas, Minneapolis,
Orlando and Tampa. None of the properties are in Indiana.
MoreAgency urges complete overhaul of Pan Am Plaza garage
October 7, 2011
Indianapolis' Department of Code Enforcement made the recommendation Friday afternoon after citing safety concerns posed by
possible structural deficiencies.
MoreLottery says it overspent on amenities for new office
October 5, 2011
Associated PressIndiana lottery officials say they overspent on their new headquarters and will sell some of their equipment after reports
raised questions about the lavish facility.
MoreCalifornia firm's Park 100 portfolio goes back to lender
October 4, 2011
Tom HartonCalifornia-based Blue Real Estate lost the last big chunk of its Indianapolis portfolio last week when a lender took control
of Blue’s 360,000-square-foot, seven-building portfolio in Park 100.
MoreReport holds next steps for Pan Am Plaza garage
October 3, 2011
Francesca JaroszPart of the Pan Am Plaza parking garage has reopened after being closed for several hours for emergency repairs late last
week, but a report will reveal whether more extensive work is needed to restore the garage to a structurally sound state.
MoreCity closes downtown plaza after parking deemed unsafe
September 14, 2011
Associated PressThe city of Indianapolis has closed Pan Am Plaza and part of a parking garage below it near the Indiana Convention Center
and Lucas Oil Stadium because the structural integrity of the parking facility poses a safety risk.
MoreOwner of East Market Street buildings eyes apartment conversion
September 13, 2011
Tom HartonCrown Property Group is issuing a request for proposals for two East Market Street buildings that now are used for office
space.
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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.