Real Estate & Retail

Prosecutor Brizzi defends no-cost real estate deal

March 20, 2010
Cory Schouten
Marion County Prosecutor Carl Brizzi paid nothing for a 50-percent stake in an Elkhart office building he acquired with a local defense attorney.
More

Blue Bell ice cream coming to Indianapolis

March 19, 2010
Scott Olson
Texas-based Blue Bell Creameries will begin selling its ice cream in nine metropolitan Meijer stores beginning April 5. Distribution will be assisted by the building of a 12,000-square-foot facility on the northwest side.
More

Home builder officially declares bankruptcy

March 19, 2010
Indianapolis home builder Hansen & Horn Group Inc. has officially declared bankruptcy after owners agreed to liquidate the company earlier this month.
More

Shoe Carnival profit beats estimates

March 18, 2010
Evansville-based shoe and apparel retailer reports strong sales of boots and athletic footwear.
More

Simon Property Group adds Glasscock to board

March 18, 2010
 IBJ Staff and Associated Press
Former WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
More

Judge's disclosure rules broader than Bren Simon sought

March 17, 2010
Greg Andrews
The protective order will allow David Simon and Cynthia Simon-Skjodt access to records, even though they aren't plaintiffs.
More

Deadline passes with no bids to buy Winona

March 17, 2010
The city of Indianapolis, which had listed the property for $667,500, had hoped to sell it the former hospital for redevelopment.
More

Noble Roman's boosts profit in 2009

March 17, 2010
 IBJ Staff
Indianapolis-based Noble Roman's Inc. improved its bottom line in 2009, reporting a $1.7 million profit despite revenue that dropped 16 percent to $7.5 million.
More

Simon weighs new General Growth bid, sources say

March 17, 2010
Associated Press
Simon 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.
More

Judge: Bren Simon can't liquidate Simon Property holdings

March 16, 2010
Greg Andrews
A Hamilton County judge says Mel Simon’s widow can’t cash in partnership units worth more than $500 million.
More

Bakehouse drives growth for Scholars Inn

March 16, 2010
Peter Schnitzler
Bakehouse watch
                           video
                           iconScholars Inn’s growth engine is its wholesale bakery, which distributes granola and other fresh products across state lines thanks to deals with partners like Kroger.
More

Former Summit House apartment tower sold

March 16, 2010
Tom Harton
The landmark apartment building at 38th and Meridian streets formerly known as Summit House has been purchased by a pair of Chicago investors who plan to invest  “a significant amount of capital” into the 20-story tower.
More

Custom builders, banks convene to discuss lending environment

March 16, 2010
Tom Harton
The Builders Association of Greater Indianapolis is trying to jump-start new home construction by convening a forum on how builders can adapt to banks’ stricter lending requirements.
More

No 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.
More

Simon, rival seek foreign investors to back General Growth bid

March 15, 2010
 IBJ Staff
Indianapolis-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.
More

Local luxury home sales jumped in February

March 15, 2010
Kathleen McLaughlin
Luxury home sales in central Indiana surged in February despite an overall decline in home sales, Re/Max of Indiana reported Monday morning.
More

Brizzi's lease deals benefited friend, donor

March 13, 2010
Cory Schouten
Records show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor's Office to his friend, business partner and political contributor John Bales.
More

Recycler J. Solotken & Co. recycles old building

March 13, 2010
 IBJ Staff
Century-old firm moves from facility it had occupied since 1936 to former home of Frank E. Irish Co.
More

Carmel contractor offers scholarshipsRestricted Content

March 13, 2010
 IBJ Staff
Carmel-based Williams Comfort Air, a heating and cooling contractor, is accepting nominations for its Extraordinairy Treasures annual scholarship program. Six one-time scholarships totaling $5,000 will be awarded to high school seniors based on community service, leadership activities and family commitment.
More

Indianapolis Housing Agency pulls off big tax credit deal

March 13, 2010
Tom Harton
City agency plans renovations, expansions at eight apartment properties.
More

Marine tech unit to fill four floors at struggling M&I Plaza

March 13, 2010
Cory Schouten
A 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.
More

Carpenter Realtors trots out smart phone technology

March 13, 2010
 IBJ Staff
Specialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
More

Simon says new General Growth plan is less uncertain

March 11, 2010
Bloomberg News
A 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.
More

Area home sales, prices show increase

March 11, 2010
The housing market could be awakening from its deep sleep, if February home-sale agreement figures are any indication.
More

Former Saturn franchise in Fishers enters new orbit

March 11, 2010
Chris O'Malley
An All Things Automotive franchise is replacing Saturn of Fishers. The concept, aimed particularly at displaced Saturn dealers, involves used-car sales and service bays stocked by Carquest.
More
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. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

ADVERTISEMENT