Real Estate & Retail

Lender alleges Lauth insiders backdated loan documents

January 16, 2010
Cory Schouten
The largest creditor for Lauth Group Inc. has asked a bankruptcy judge to appoint a trustee after evidence in a related case suggested Lauth insiders may have backdated documents to thwart creditors.
More

Area hospital construction taking break after expensive binge

January 16, 2010
J.K. Wall
Observers expect a lull with inpatient facilities for five years or more, but continued proliferation of outpatient clinics and surgery centers.
More

Legislation to protect car dealers re-emerges at StatehouseRestricted Content

January 16, 2010
Chris O'Malley
Dozens of Chrysler and General Motors dealers in Indiana were terminated last year. Now, a dealer trade group wants to block automakers from preying on termination fears to wrest concessions from surviving dealers.
More

Shiel Sexton plans $50M project near Methodist Hospital

January 16, 2010
Cory Schouten
The local construction company is drawing up plans for a mixed-use project with offices, a parking garage and retail space on several parcels it owns near Capitol Avenue and 16th Street.
More

Shoppers World taking former Target space on U.S. 31 South

January 16, 2010
 IBJ Staff
The New York-based department store has one other location in Indianapolis, in Lafayette Square Mall. That store opened in 2008.
More

Nature Conservancy buys 282 acres from Girl Scouts

January 16, 2010
 IBJ Staff
The land in Brown County will be turned over to the Indiana Division of Forestry.
More

National animal-welfare group targets Steak n Shake

January 14, 2010
Andrea Muirragui Davis
The Humane Society of the United States bought $2,000 worth of Steak n Shake stock this week in hopes of getting the company to work with food producers that use humane farming methods.
More

HHGregg shares fall after analyst downgrade

January 13, 2010
 IBJ Staff and Associated Press
Customers are buying fewer high-priced big-screen TVs from electronics chain HHGregg Inc., an analyst said Tuesday as he lowered his investment rating on the company's stock.
More

Cincinnati-area builder Fischer expands to Indianapolis

January 12, 2010
Cory Schouten
Home builder hopes to sell as many as 200 houses in region this year. Fischer, which entered the Columbus, Ohio, market in 2008 after buying subdivisions from retreating builders, is using the same strategy to establish a foothold in Carmel, Westfield, Zionsville and Avon.
More

Steak n Shake CEO buys more shares

January 12, 2010
Cory Schouten
Steak n Shake Co. CEO Sardar Biglari bought $290,000 worth of stock in the Indianapolis-based burger chain last week in another big bet the company's shares are undervalued.
More

Kittle's Furniture shuffles executives, names new CEO

January 12, 2010
Jim Kittle Jr., the company's owner and chairman of the board, will be less involved in daily operations, giving two executives more responsibility.
More

Riley Towers expansion in works

January 12, 2010
Tom Harton
The owner of the Riley Towers apartment complex is preparing to develop a 54-unit extension of the landmark downtown property.
More

City's once-thriving stand-up comedy scene fades

January 9, 2010
Kathleen McLaughlin
Crackers' Broad Ripple and downtown locations are the only remaining comedy clubs in Indianapolis.
More

Venue-management titans emerge as CIB front-runners

January 9, 2010
Peter Schnitzler
Experts say a unique four-way partnership that includes the Pacers and Indianapolis Convention & Visitors Association may be the favorite to run the city's sports and convention venues.
More

The Flying Cupcake is among restaurants expanding as others contract

January 9, 2010
 IBJ Staff
Bobby Joe’s Beef and Brew, a popular home-grown restaurant at Southport Road and Interstate 65, has closed. Riviera Maya, billed as an authentic Mexican restaurant, is slated to replace Old Town Ale House in Fishers
More

Simon family fight breaks out over billionaire's fortune

January 8, 2010
Greg Andrews
Melvin Simon’s daughter Deborah filed court papers Thursday afternoon charging her father was coerced into approving a new estate plan in February 2009 that dramatically increased the amount of his fortune going to her stepmother, Bren.
More

Jones Lang LaSalle lures top industrial broker from CTMT

January 8, 2010
Cory Schouten
One of the city's most prolific commercial real estate brokers is leaving the local office of Colliers Turley Martin Tucker to join Chicago-based Jones Lang LaSalle.
More

Brokerage CTMT rebranding, dropping Tucker name

January 6, 2010
Cory Schouten
The city's largest commercial real estate brokerage is breaking from Colliers International and dropping Tucker from its moniker for the first time in more than 90 years.
More

Steak n Shake slashes restaurant spending as CEO hoards cash

January 2, 2010
Cory Schouten
From 1999 to 2008, Steak n Shake Co. spent an average of $55 million a year to add dozens of restaurants and buy equipment for existing ones. In 2009, the locally based chain spent just $5.8 million.
More

Buckingham tapped to develop mixed-use project near IUPUI

January 2, 2010
 IBJ Staff
Former YMCA branch at 860 W. 10th St. would be razed to make way for retail and housing.
More

Real estate lawsuit pits Situs vs. Situs

December 31, 2009
Peter Schnitzler
Texas real estate consultancy sues local brokerage over rights to name they both share.
More

Location, personal touch drive tasting room growth

December 28, 2009
Andrea Muirragui Davis
Upland Brewing Co. and Chateau Thomas Winery are broadening their use of tasting rooms, opening outlets far from their production facilities in hopes of attracting new customers.
More

Housing meltdown claims at least one homebuilder

December 26, 2009
Scott Olson
Two more local homebuilders fell victim in 2009 to the prolonged meltdown of the housing market. Carmel-based C.P. Morgan Communities LP closed in February, and Indianapolis-based Hansen & Horn Group Inc. is teetering on the edge of bankruptcy.
More

NEWSMAKER: Mel Simon was shopping mall pioneer

December 26, 2009
Cory Schouten
Mel Simon, who died at 82 on Sept. 16, changed how America shops. He was chairman emeritus of locally based Simon Property Group Inc., the nation’s largest owner of retail real estate.
More

Lauth Group leads slide in commercial real estate

December 26, 2009
Cory Schouten
The outlook for commercial real estate development continued to worsen in 2009, as one major name faltered and other companies scrambled to redesign their business models and capitalize on the carnage.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
thisissue1-092914.jpg 092914

Subscribe to IBJ
  1. Here are a few candidates for this new group, "ripped from the headlines." First up, that bizzaro State Senator Brent Waltz; secondly, the unethical Todd Huston, and his contractual arrangements scheme; Finally, but not least of all, the dishonorable Eric Turner. What sayeth you Greg Zoeller?

  2. Good day. I can't hide this great testimony that take place in my life I will love everyone to know it and be partaker that is why I always place it on answer, I am Mrs,Natalie Cuttaia by name, I live in Texas, United State Of America, I want to thank (Mr.Bruce Brandon) for his kindness upon my family life. I never knew that there is still nice lender like this on internet and earth here. Just some Months Back, I was in search for a loan of $100,000,00 as I was running out of money for feeding and rent. I was scammed $6,800 Dollars and I decided not to involve my self in such business again but a Friend of my introduced me to a loan firm due to my appearance and doings. And I told him that I am not interested of any loan deal anymore but he told me that there is still a nice lender who he will recommend me to, and I made a trial and I am most grateful lucky am I today, I was given a loan amount of $100,000.00usd, by this great Company (Bruce Brandon Loan Company) managed by (Mr.Bruce Brandon) If you are in need of a genuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds I will advice you to, contact him via: ( bruce.brandon071@gmail.com ) And you will be free from scams in the internet. All thanks to Mr.Bruce Brandon You are the one who remove me and my family out of poverty. The reason why i am doing this is that, i promise Mr.Bruce Brandon that if i truly got my loan, i will advertize his company and bring customers to his company. Contact him via ( bruce.brandon071@gmail.com )for the Loan you have been looking for..

  3. Hello, We are firm Organization formed to help people in needs of helps,such as financial help. So if you are going through financial difficulty or you are in any financial mess,and you need funds to start up your own business,or you need loan to settle your debt or pay off your bills,start a nice business, or you are finding it hard to obtain capital loan from local banks,contact us today via email mrsroseberrywilkinsfunds.usa@gmail.com So do not let these opportunity pass you by because Jesus is the same yesterday, today and forever more. Please these is for serious minded and God fearing People. Your Name: Loan Amount: Loan Duration: Valid Cell Phone Number: Thanks for your understanding to your contact as we Await Regards Management Email:mrsroseberrywilkinsfunds.usa@gmail.com

  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

  5. Aldi is generally a great shopping experience. Still, I'm sure YOU wouldn't want to shop there, which I consider a positive.

ADVERTISEMENT