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Real estate deals
Rivers Edge spawns new retail center across 82nd Street
October 29, 2011
IBJ StaffVeritas Realty is betting more restaurants and retailers are interested in opening stores near Nordstrom Rack and The Container
Store.
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.
MoreJillian’s arcade games, bowling alley up for auction
October 20, 2011
An auction to liquidate the downtown entertainment complex will be held Oct. 26 to sell more than 100 arcade games, a nine-lane
bowling alley and 12 pool tables. Jillian's operators owed the landlord roughly $700,000 in unpaid bills.
MoreReal estate brokerage sues IU Health over commissions
October 20, 2011
Scott OlsonCBRE Inc. accuses the local hospital system of cheating it out of consulting fees that could top seven figures related to
several building projects.
MoreTexas investors buy northeast-side hotel
October 18, 2011
Tom HartonA couple from suburban Houston bought the 187-room Ramada Inn in an online auction for $1.3 million and have rebranded it
as ExtendASuites.
MoreApartments, retail planned for Virginia Ave. corridor
October 8, 2011
Cory SchoutenCall it Extreme Makeover: Holy Rosary. Just about every building and corner along a four-block stretch of Virginia Avenue
in this historic neighborhood southeast of downtown is under construction or will be soon.
MoreIndustrial-market sales this year end deal drought
September 20, 2011
Tom HartonThrough the first eight months of this year, there were at least seven sales of large industrial properties in the market,
compared with zero last year.
MoreNew owners aim for big profit after buying IPS school on the cheap
September 6, 2011
Cory SchoutenThe buyers of former IPS School 64 stand to make hundreds of thousands of dollars if they manage to flip the property they
bought for just $20,000.
MoreDeveloper rolls out $40M plan for Keystone site
August 27, 2011
Cory SchoutenA local developer has acquired the northwest corner of 86th Street and Keystone Avenue and is working on plans for a $40 million
apartment and retail project.
MoreCity to give Angie's List $4.6M to buy properties for expansion
August 16, 2011
Kathleen McLaughlinMoney for real estate acquisition is a major component of the $7.1 million in incentives the city of Indianapolis offered
Angie's List Inc. for expanding its headquarters campus to accommodate 500 more employees.
MoreDeveloper of government building sees potential for more
August 2, 2011
Tom HartonAmbrose Property Group broke ground last month on a 13,000-square-foot building at Intech Park that will house about 75 Social
Security Administration employees.
MoreBuyer snaps up 175-acre Golf Club of Indiana
July 12, 2011
Cory SchoutenAn investment group has acquired the Golf Club of Indiana in southern Boone County near Zionsville and is planning improvements
to the 175-acre property.
MoreLender's suit says homebuilder owes $12.8M on loans
July 5, 2011
Scott OlsonM&I Bank filed the suit against J. Greg Allen, charging he defaulted on two loans he took out to buy 73 acres of land on the
northeast corner of Emerson Avenue and County Line Road on Indianapolis' south side.
MoreTanger buys outlet center from Simon Property
June 28, 2011
Associated PressTanger Factory Outlet Centers Inc. said Tuesday it bought an Ohio outlet shopping center from Indianapolis-based Simon Property
Group Inc. for $134 million.
More$100M 'Bridges' project in Carmel wins approval
June 21, 2011
Cory SchoutenA proposal for a roughly $100 million mix of retail, office and apartments along Springmill Road south of 116th Street was
OK'd Monday night by the Carmel City Council after numerous concessions.
MoreTrinity Metals to add 50 jobs at new facility
June 20, 2011
IBJ StaffIndianapolis-based Trinity Metals is expanding its local operations, purchasing a vacant facility southeast of downtown to
house its headquarters and two recycling divisions.
MoreDeveloper puts Cosmopolitan complex on block
June 20, 2011
Cory SchoutenThe Cosmopolitan on the Canal, a 218-unit upscale apartment complex in downtown Indianapolis that cost more than $33 million
to build, has been put on the market by Flaherty & Collins Properties.
MoreEffort to save minority car dealer lands Bill Mays in ditch
June 11, 2011
Greg AndrewsPNC Bank last month sued Mays, one of the city’s most prominent black businessmen, charging he defaulted on a $3.5 million
loan he received in 2008 that has an unpaid balance of $2 million.
MoreReal estate deals picking up around Fashion Mall
June 4, 2011
Cory SchoutenOwners of the Sheraton Indianapolis are converting one of its towers into luxury apartments, and developers are vying to replace
the vacant Woodfield Centre.
MoreMultiple tenants likely needed to plug Nordstrom hole
June 4, 2011
Greg AndrewsNordstrom occupies a staggering 210,000 square feet spread across three floors—60 percent more space than the Seattle-based
chain occupies at the Fashion Mall at Keystone and likely more than any single retailer would be willing to lease.
MoreBull-themed Cadillac Ranch takes over Music Mill
June 4, 2011
IBJ StaffNightclub Cadillac Ranch plans to open a location in the former Music Mill restaurant and concert venue on 82nd Street.
MoreShrunken Lauth emerges from reorganization
May 31, 2011
J.K. WallLauth Investment Properties, which holds the remains of the real estate empire of Lauth Group, has emerged from Chapter 11
bankruptcy, with about $25 million and a portfolio of properties valued at $35 million.
MoreSimon Property to develop outlet center in Canada
May 23, 2011
Associated PressIndianapolis-based Simon Property Group Inc. said Monday that it will open an outlet shopping center in Ontario, the first
of the shopping mall owner's line of Premium Outlets-brand shopping centers in Canada.
MoreEastgate redevelopment reaches crucial crossroads
May 10, 2011
Tom HartonLifeline Data Centers, which bought Eastgate in 2008, plans to invest $10 million into the property this year if the Department
of Public Safety moves forward with plans to lease 78,000 square feet.
MoreSchool moving to vacant downtown building
May 3, 2011
Tom HartonA small private school that serves gifted and talented students intends to move to a downtown building that has been vacant
since a daycare center moved out three years ago.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.