-Midwest Academy Inc. bought a 19,012-square-foot building at 1420 Chase Court, Carmel. The buyer was represented by Mike Napariu of REI Real Estate Services. The seller, DJSI LLC, represented itself.

-Westfield Andover One LLC bought 20.56 acres at 186th Street and Shady Nook Road, Westfield. The buyer was represented by Bill Flanary of Cassidy Turley. The seller, First Farmers Bank & Trust, represented itself.

-Keihin North America Inc. leased 32,250 square feet of office space in Flagship Business Park, 2701 Enterprise Drive, Anderson. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Flagship Enterprise Center Inc., represented itself.

-The Salvation Army leased 19,150 square feet of retail space in Greenbriar Shopping Center, 1357 W. 86th St. The tenant was represented by Pat Boyle of Midland Atlantic.  The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson and Scot Courtney of Lee & Associates.

-Walls Mattress leased 4,000 square feet at Washington Shoppes, 10021 E. Washington St. The tenant was represented by Dean Almas of Sitehawk Retail Real Estate. The landlord, The Broadbent Co., was represented by Broadbent's Josh Broadbent.

-Wine & Canvas leased 3,250 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.

-Wells Fargo Home Mortgage renewed its lease for 3,200 square feet of retail space in River Ridge Crossing, 4705 E. 96th St. The tenant was represented by Stan Elser and Bart Jackson of Lee & Associates. The landlord, River Ridge Crossing West LP, was represented by John Beuoy of The Broadbent Co.

-Aquent LLC leased 2,745 square feet at Meridian Mark I, 11611 N. Meridian St. Carmel. The tenant was represented by Molly Miller of Newmark Knight Frank Halakar. The landlord, Zeller Real Estate Group, was represented by Zeller's Tristan Glover.

-Humana Insurance Co. leased 2,540 square feet at 8888 Keystone Crossing. The tenant was represented by Brian Askins, formerly of DTZ, a UGL company. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.

-GoPath Global LLC leased 1,419 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.

-Vietnamese Coffee Shop leased 1,400 square feet at Castleton Plaza, 6388 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent's Josh Broadbent. The tenant represented itself.

-Taste of Philly leased 1,300 square feet at Fishers Town Center, 8355 E 116th St., Fishers. The landlord, The Broadbent Co., was represented by Broadbent's Brian Broadbent. The tenant represented itself.

-Age Successfully leased 1,300 square feet at Fishers Town Center, 8355 E 116th St., Fishers. The tenant was represented by Kevin Gillihan of Jones Lang LaSalle. The landlord, The Broadbent Co., was represented by Broadbent's Brian Broadbent.

-Air Tan leased 1,200 square feet at Fishers Town Center, 8355 E 116th St., Fishers. The landlord, The Broadbent Co., was represented by Broadbent's Brian Broadbent. The tenant represented itself.

-Ingrid’s Beauty Salon leased 1,200 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The landlord, The Broadbent Co., was represented by Broadbent's Jim Mosher. The tenant represented itself.

-Cuts and Style leased 1,200 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The landlord, The Broadbent Co., was represented by Broadbent's Jim Mosher. The tenant represented itself.

-Holland & Holland leased 1,255 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.
 
-Greenwood Vision Development Center LLC leased 1,150 square feet of office space in Library Park, 1701 Library Park Blvd., Greenwood. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Ennis Co. Inc., was represented by Cathy Richards of Lee & Associates.

-Irish Ink leased 1,000 square feet of retail space in Village Park, 8920 S. Meridian St.  The tenant was represented by Cindy Hoskinson of Lee & Associates. The landlord, LaGrotte Realty, was represented by Mark Deitel of Keller Williams Commercial.

The average rate for 30-year mortgages fell to 3.78 from 3.85 percent for the week ended March 20, according to Bankrate.com. The rate for 15-year mortgages fell to 2.97 percent from 3.03 percent.

-CBRE has promoted J.D. Graves to vice president.

-Wes Podell has joined PK Partners as vice president of leasing and development.

-Gibson Commercial Construction has completed a 15,000-square-foot office for Endress + Hauser Flowtec AG at 2330 Endress Place, Greenwood.

-Mezzetta Inc. has been awarded the general conditions contract by Citizens Energy Group for the master facilities plan at Citizens' Langsdale site, 2150 Dr. Martin Luther King Blvd. The work is to begin in April of this year and be completed in May 2014.

-Capitol Construction has completed a 4,900-square-foot retail build-out for Salon Lofts at 2316 E 116th St., Carmel.
 

Eli Lilly and Co. granted larger bonuses to its top five executives early this year, which boosted the value of their compensation packages 3 percent to 8 percent. John Lechleiter, CEO of the Indianapolis-based drugmaker, saw his overall compensation reduced 10.7 percent because the calculated value of his pension fell. But excluding that on-paper reduction, the actual compensation Lechleiter received for 2012 rose 3.6 percent to $10.2 million. His salary and stock award were unchanged from 2011, but his bonus rose 13.6 percent to nearly $3 million. Chief Financial Officer Derica Rice received a modest increase in salary and a larger bonus. His overall compensation, excluding the pension adjustment, rose 3.3 percent to $5.2 million. Jan Lundberg, the president of Lilly Research Laboratories, enjoyed increases in his salary, stock award and bonus, which boosted his overall pay 8.3 percent to $4.5 million, excluding any pension adjustment.

Hospital officials praised Indiana's medical savings accounts but some consumer advocates panned them March 20 during a public hearing on Gov. Mike Pence’s plan to use the Healthy Indiana Plan to expand Medicaid in Indiana, according to the Associate Press.  The Indiana Hospital Association and officials from hospitals around the state said the Healthy Indiana Plan would reduce the amount of indigent care they must provide to uninsured patients. But critics noted HIP isn't available to everyone, and even when it is, it can prove too costly for some low-income Indiana residents needing medical care. "I do not believe it will do what we need to do to cover people," said Rep. Sue Errington, D-Muncie. Pence has proposed using HIP to complete a Medicaid expansion for Indiana residents earning up to 138 percent of the federal poverty level. That's a sliding scale that includes $15,856 for a single individual or $32,499 for a household of four. If the Centers for Medicaid and Medicare Services approves Pence's proposal, it could provide coverage for as many as 400,000 low-income residents. If CMS rejects it, it could end coverage for about 40,000 residents already enrolled in HIP. A decision must to be made by June, six months before the state's current waiver expires. Also, Pence has said he might not sign off on the expansion using HIP even if CMS approves it.

Boehringer Ingelheim GmbH and Eli Lilly and Co. filed for FDA approval of a new anti-diabetes medicine, the two companies announced Monday. The drug, empagliflozin, is known as an SGLT2 inhibitor and fights Type 2 diabetes by removing excess glucose through a patient’s urine by blocking the re-absorption of glucose in the kidney. Several large pharmaceutical companies are trying to bring an SLGT2 inhibitor drug to market. In January, New Jersey-based Johnson & Johnson, won the backing of an FDA advisory panel for its drug, called canagliflozin. Other companies in the SGLT2 race are New York-based Bristol-Myers Squibb Co. and United Kingdom-based AstraZeneca plc. Lilly is helping to develop and commercialize empagliflozin, which was discovered by Germany-based Boehringer Ingelheim. The drug is one of five that Lilly hopes to submit to the U.S. Food and Drug Administration this year.

AIT Laboratories recently named Scott LaNeve vice president of sales and marketing. LaNeve spent the past eight years doing sales and marketing for a series of small startups and mid-market companies. He previously worked for Boehringer Mannheim and Roche Diagnostics. LaNeve earned his bachelor’s degree in psychology from West Virginia University. He also studied marketing management at Boston University’s overseas graduate program in Germany, finance and accounting at the Columbia University Graduate School of Business in New York and global business management at the Institute for Management Development in Switzerland.

-BFL Partners bought a 2,577-square-foot office building at 2015 Broad Ripple Ave. The buyer was represented by Bob Lindgren of Lee & Associates. The seller, John Compton, was represented by John Levinsohn of Levi Realty.

-Watson Holdings Inc., dba Buffalo Wild Wings, bought a 0.92 acre outparcel at Glendale Town Center, 6101 N. Keystone Ave. The buyer was represented by Steve Delaney of Sitehawk Retail Real Estate. The seller, Glendale Centre LLC, was represented by Jeff Wright of Kite Realty Group.

-LA Fitness leased 35,000 square feet at Stony Creek Commons, State Road 37 and Town & Country Boulevard, Noblesville. The tenant was represented by Scott Gray of Sitehawk Retail Real Estate and John Kalamaras of Real Source Partners. The landlord, Noblesville Partners LLC, was represented by Jeff Wright of Kite Realty Group.

-Reading Pretzel Machinery Corp. leased 25,340 square feet of industrial space at 7517-25 Winton Drive. The tenant was represented by Glenn Davis of Colliers International. The landlord, PCO Park 100-134 LP, was represented by Jake Sturman of Jones Lang LaSalle.

-Orbis Education Services LLC leased 19,455 square feet of office space at One Penn Mark, 11595 N. Meridian St., Carmel. The tenant was represented by Yumi Prater and Sam Smith of Colliers International. The landlord, TNHYIF Reiv Sierra LLC, was represented by Russ VanTil and Jon Owens of Cassidy Turley.

-Century Link leased 3,998 square feet of space at Haverstick, 8250 Haverstick Road. The tenant was represented by Molly Miller of Newmark Knight Frank Halakar. The landlord, Citimark, was represented by Brian Fitzgerald of Citimark.

-CIBM Bank leased 3,200 square feet at Calico Corners, 5120 E. 82nd St. The tenant was represented by Philo Lange of The PB Lange Co. The landlord, The Promised Land Co., was represented Larry Davis and John Baker of Sitehawk Retail Real Estate.

-Friedman Dentistry, PC renewed its lease for 2,995 square feet at 16000 Prosperity Drive, Noblesville. The tenant was represented by Matt Kiger of Newmark Knight Frank Halakar. The landlord, AlfordKluth LLC, was represented by Brooke Sipe of Alliance Commercial Group.

-Vitamin Shoppe leased 2,705 square feet at Southtown Center, 4682 S. Scatterfield Road, Anderson. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Charles Street Associates LLC, was represented by Scott Gray of Sitehawk Retail Real Estate.

-Qdoba Mexican Grill leased 2,472 square feet at Southern Plaza Shopping Center, 4200 S East St. The tenant was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The landlord, Southern Plaza LLC, represented itself.
 
-Bake My Day leased 1,973 square feet of retail space at County Line Corner, 8908 St. Peter St. The landlord, County Line Corner LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

-Country Gardens leased 1,800 square feet of industrial space at Andrade, 10714 De Andra Drive, Zionsville. The tenant was represented by Tyler Wilson of Summit Realty Group. The landlord, Andrade LLC, was represented by Brady Clements of Skyline Property Group.

-Worland Cleaners leased 1,512 square feet of retail space at Green Meadows Shopping Center, 1546 N. State St., Greenfield. The landlord, Green Meadows LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.  

-Dr. Gregory Hale leased 1,150 square feet at Green on Meridian, 10291 N. Meridian St. The tenant was represented by Molly Miller of Newmark Knight Frank Halakar. The landlord, Gibraltar, was represented by Jimmy Clark of Jones Lang Lasalle.

-IOC Designs leased 1,036 square feet of office space at 3520 E. 96th St. The landlord, Meridian Management, was represented by Ross Reller of Colliers International. The tenant represented itself.
 
-Flawless Nails leased 806 square feet of office space at Lake Plaza Office Park, 6801 Lake Plaza Drive. The landlord, Lake Plaza LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.  

-Farmers Insurance leased 800 square feet of retail space at County Line Corner, 8932 St. Peter St. The landlord, County Line Corner LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

The average rate for 30-year mortgages rose to 3.85 percent from 3.73 percent for the week ended March 13, according to Bankrate.com. The rate for 15-year mortgages rose to 3.03 percent from 2.96 percent.

Summit Realty Group has promoted Alex Cantu to director, capital markets; Jason Speckman to senior director, industrial advisory; Matt Waggoner to director, office advisory; and Brad Williams to senior director, industrial advisory.

Holly Goe, a registered nurse, has been named vice president of Indiana University Health Cancer Centers, a large group of oncologists that is part of the IU Health hospital network. Goe has been serving as interim vice president since October after being named the program’s executive director for clinical operations last April. Goe will work with Dr. Doug Schwartzentruber, the medical director for cancer services at IU Health, to retool how the entire IU Health system manages cancer patients. Before coming to IU Health last year, Goe worked at the University of Pittsburgh Medical Center in Pittsburgh, Pa., and before that, worked at Parkview Health in Fort Wayne.

Dr. Douglas Wallace, a cardiothoracic surgeon, has joined St. Vincent Medical Group in Lafayette. He earned his bachelor’s degree in biochemistry from the University of California,Davis, and his medical degree from Uniformed Services University of Health Sciences in Bethesda, Md.

The Indiana University Melvin and Bren Simon Cancer Center has added six new researchers: Dr. Gary Dunnington, who studies surgery outcomes for breast cancer patients; Reginald Hill, a researcher who studies how inflammation contributes to pancreatic cancer; Janaiah Kota, who studies the role of micro RNAs (ribonucleic acids) in cancers and develops microRNA-based cancer drugs; Dr. Sophie Paczesny, who studies complications from bone marrow transplants; Jenifer Prosperi, who studies breast cancer development; and Dr. Chandru Sundaram, whose research focuses on the outcomes of laparoscopic and robotic surgery for kidney and prostate cancers.

The Indiana Family and Social Services Administration will hold two public hearings this week on using the Healthy Indiana Plan to expand Medicaid coverage in Indiana. The hearings must be held before the federal government will consider Indiana’s special request to use the Healthy Indiana Plan as opposed to expanding its traditional Medicaid program. "After completing a preliminary review of your extension request, we have determined that the state's extension request has not met the requirements for a complete extension request," wrote Diane Gerrits, director of the CMS' division of state demonstrations and waivers, in a Feb. 25 letter to Gov. Mike Pence. That response sparked criticism of Pence from Democratic lawmakers, who said Pence’s strategy makes it unlikely the state Legislature will have a decision from the feds before they have to adopt a two-year budget at the end of April. “We have considerable concerns as to whether this will hamper the state’s ability to inject billions of dollars of federal funds into Indiana’s economy, create tens of thousands of jobs and give hundreds of thousands of Hoosiers a plan to receive affordable health care services,” wrote House Minority Leader Scott Pelath, D-Michigan City, and Senate Minority Leader Tim Lanane, D-Anderson, in a letter to Pence. They even asked if Pence would call a special session of the Legislature to deal with the Medicaid expansion. Pence spokeswoman Christy Denault said the administration always knew they had to hold public hearings but was trying to get an approval as soon as possible because of a June deadline.

Bloomington-based Cook Medical Inc. launched a new set of minimally invasive products to treat obstructive salivary gland disease and, it's hoped, stave off the need for open surgeries. The most prevalent obstructive salivary gland disease is obstruction by salivary duct stones. It’s a disease that affects twice as many men as women. Cook, which launched the products as part of its newly formed division for otolaryngology and head and neck surgery, said physicians can use its products to perform outpatient surgeries to remove salivary stones.

Fishers-based Nexxt Spine LLC, a designer and manufacturer of spinal implants, is consolidating operations and moving its headquarters and manufacturing facility to Noblesville. The city of Noblesville announced Monday that its Common Council approved a three-year tax abatement for Nexxt Spine, which is expected to add 44 jobs by 2018. The company currently has 11 employees split between its headquarters in Fishers and a manufacturing facility in Indianapolis.  Nexxt Spine was founded in 2009 by Andrew Elsbury, who previously had served as a contract manufacturer for several large medical-device companies.

St. Vincent Indianapolis Hospital recently earned verification as a trauma center by the American College of Surgeons. It is now the fourth trauma center in Indianapolis designated by the American College of Surgeons and the ninth in Indiana. To prepare for the verification, St. Vincent renovated space for trauma, surgical and neuroscience intensive care units and added CT scan imaging equipment. The hospital also dedicated one of its operating rooms for trauma and added in-house physician coverage for trauma surgery, anesthesia, critical care and radiology. To ensure air transportation was readily available, St. Vincent Health arranged an affiliation agreement with PHI Air Medical called St. Vincent StatFlight. The service has five medical helicopters in Anderson, Danville, North Vernon, Rushville and West Lafayette.

-John Force Racing bought a 31,000-square-foot building at 493 Southpoint Circle in Eaglepoint Business Park, Brownsburg. The buyer was represented by Stephane Nguyen of Reed Smith. The seller, Don Prudhomme Racing, was represented by Brian Seitz and Jake Sturman of Jones Lang LaSalle.

-Balkan Realty LLC bought a 1,400-square-foot office suite at 12574 Promise Creek Lane, Suite 110, Fishers. The seller, First Financial Collateral Inc., was represented by Paul Dick and Kevin Dick of Colliers International. The buyer represented itself.

-BGM Central Indiana LLC bought a 2,100-square-foot office suite at 12574 Promise Creek Lane, Suite 108, Fishers. The buyer was represented by Jason Childress of BGM Realty Inc. The seller, First Financial Collateral Inc., was represented by Paul Dick and Kevin Dick of Colliers International.

-BSA Real Estate LLC bought a 1,400-square-foot office suite at 12574 Promise Creek Lane, Suite 114, Fishers. The buyer was represented by Chris Wells of C.M. Wells Enterprises Inc. The seller, First Financial Collateral Inc., was represented by Paul Dick and Kevin Dick of Colliers International.

-Flex-Pac Inc. leased 91,399 square feet at 6075 Lakeside Blvd. The tenant was represented by Steven Schaub of Summit Realty Group. The landlord, CalEast Global Logistics, was represented by Bryan Poynter of Cassidy Turley.

-CopyCo Office Solutions leased 10,146 square feet in Seven Parkwood, 280 E. 96th St. The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Duke Realty, was represented by Duke's Traci Kapsalis.
                 
-Technical Treads LLC leased 6,511 square feet at 1729 S. U.S. 31, Suite D, Greenwood. The tenant and landlord, First Financial Collateral Inc., were both represented by Brian Dell of Summit Realty Group.

-ExactHire leased 5,079 square feet of office space at 10333 N. Meridian St. The tenant was represented by George Dury of Dury Investment Group. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.

-FedEx Office & Print Services renewed its lease for 2,000 square feet of retail space in University Shoppes, 4155 S. East St. The landlord, Mills LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates. The tenant represented itself.

-Vehicle Acceptance Corp. leased 1,957 square feet of office space at 2601 W. Fortune Circle. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Park Fletcher Properties LLC, was represented by Nick Svarczkopf of CBRE.

-GAP Solutions Inc. leased 1,919 square feet of office space at 3500 DePauw Blvd. The landlord, Sterling American Property Inc., was represented by Bennett Williams, Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

-Brighter Day Restoration leased 1,500 square feet of industrial space in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
    
-Mahler & Co. P.C. leased 1,426 square feet of office space at 3500 DePauw Blvd. The landlord, Sterling American Property Inc., was represented by Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley. The tenant represented itself.

-Marco’s Pizza leased 1,300 square feet of retail space in Chapel Hill Shoppes, 7301 W. 10th St. The tenant was represented by Andrew Clifford of 7D Commercial Real Estate. The landlord, GSR LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.
       
-Integra Construction renewed its lease for 1,210 square feet of office space at 8900 Keystone Ave. The tenant was represented by Richard R. King III and Steve Beals of Lee & Associates. The landlord, Keystone Crossing Investors LLC, was represented by Abby Cooper Zito of Jones Lang LaSalle.

-MJW Financial leased 1,016 square feet of office space at 6525 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
 
-Myers Tire Supply leased 1,008 square feet of office space at 3881 3955 Eagle Creek Parkway. The tenant was represented by Jon Owens and Russ Van Til of Cassidy Turley and David O'Neill of Ostendorf Morris. The landlord, Healthcare Management of America Inc., represented itself.

CSO Architects has promoted Brandon Bogan to principal; Mary Inchauste to associate principal; Eric Knott and Randy Robison to senior associates; and Mike Johnson, Nick Alexander and Mark Stoner to associates. Michela Cupello has joined the firm.

The average rate for 30-year mortgages was stable at 3.73 percent for the week ended March 6, according to Bankrate.com. The rate for 15-year mortgages was also unchanged, at 2.96 percent.

Capitol Construction has completed a 38,000-square-foot office build-out for NextGear Capital at 11799 N. College Ave., Carmel.

Dr. Stewart Brown, a family physician, has joined the Community Physician Network, which is part of the Community Health Network hospital system, in Noblesville. Brown formerly was the director of the family medicine program at Ball Memorial Hospital in Muncie, which is now part of the Indiana University Health hospital network. He earned his medical degree at the Indiana University School of Medicine.

Dr. Kathleen Swec, a pediatrician, has joined Community Physician Network in Noblesville.  She earned her medical degree at Georgetown University and then served four years as an active-duty pediatrician in the Navy. Prior coming to Community, Swec practiced at Harbor-UCLA Medical Center in California.

Dr. Laryn Peterson, an ear, nose and throat specialist, has joined Community Physician Network in Indianapolis. She completed her medical degree at the IU medical school.

Dr. Charles Zeller, an ear, nose and throat specialist, has joined Community Physician Network in Indianapolis. He earned his medical degree at Ohio University College of Osteopathic Medicine. He also holds a master of science degree in human anatomy from Wright State University.

A jury Friday awarded $8.3 million to a former prison guard who accused Warsaw-based DePuy Orthopaedics of knowingly marketing a faulty hip implant that was later recalled, according to the Associated Press. Jurors found that the ASR XL implant was defectively designed and caused metal poisoning and other health problems suffered by Loren Kransky after he underwent surgery in 2007. The fraud and negligence suit is the first of nearly 11,000 similar cases involving an all-metal ball-and-socket hip joint that was pulled from the market two years ago to reach trial in the United States. Others like Kransky claim the implants have left them with crippling injuries or in need of other replacement surgeries. DePuy, a subsidiary of New Jersey-based Johnson & Johnson, has set aside about $1 billion to cover costs of the recall and lawsuits.

Eli Lilly and Co. has built up a stockpile of $21 billion in overseas profits as the nation’s largest drugmakers continue to use accounting mechanisms to avoid paying U.S. taxes. According to an analysis by Bloomberg News, the nation's six biggest drugmakers avoided paying $7.05 billion in U.S. taxes last year by shifting their profits overseas—nearly double the savings they achieved a decade ago. Now those legal practices are getting increased scrutiny from members of Congress. “The right kind of tax reform could do a lot to bring corporate profits back to the United States for investment and job creation,” said Charles Grassley, a U.S. senator from Iowa, in an e-mail to Bloomberg. “The current system provides an incentive for companies to keep money overseas indefinitely.” By moving patents and trademarks overseas, drugmakers can legally record sales of their products in foreign countries, avoiding any U.S. taxes until those profits are brought back into the United States. The maneuvers helped Lilly boost its earnings per share by 16 percent last year, according to Bloomberg. Other companies increased their earnings even more. Lilly declined to comment on the story.

IUPUI students can now pursue an academic minor in neuroscience, in addition to the neuroscience major that began in the fall. The School of Science at IUPUI launched its new neuroscience program to “take advantage of a booming neuroscience industry in Indiana and across the country,” according to a statement issued March 4. The school noted that the Indiana University Health hospital system recently opened a $120 million neuroscience center next to Methodist Hospital. And the IU School of Medicine is building a neuroscience research center next door to the IU Health facility. Neuroscience is one of several fast-growing segments of the life sciences industry in Indiana. A forecast by the Indiana Department of Workforce Development predicts that life scientist positions will increase by more than 22 percent in the next five years.

-Shiloh Properties LLC bought a 7,165-square-foot office building at 9955 Crosspoint Blvd. The seller, Lurton Wood LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The buyer represented itself.

-Kirklees Apartments LLC bought a six-unit apartment property at 617-625 E. 38th St. The buyer was represented by Scott Herider of Lee & Associates. The seller, Empire TFI Indy Holdings LLC, was represented by Bob Lindgren and Ron Mannon of Lee & Associates.

-Ice Miller renewed its lease for 127,883 square feet at OneAmerica Tower at Ohio and Illinois streets. The landlord, OneAmerica Financial Partners, was represented by Jon Owens and Russ Van Til of Cassidy Turley. The tenant represented itself.

-ABC Supply Co. leased 84,600 square feet at Shadeland Commerce Center, 2900 N. Shadeland Ave. The tenant was represented by Tom Cooler of CBRE. The landlord, First Industrial Realty Trust Inc., was represented by Brian Seitz, Steve Schwegman, Brian Buschuk and Jake Sturman of Jones Lang LaSalle.

-Xylem Water Solutions Indiana LLC renewed its lease for 17,850 square feet of industrial space at 7615 W. New York Street. The tenant was represented by Terry Busch of CBRE. The landlord, Hydraserve Properties Inc., was represented by Glenn Davis and Dannetta Hiatt of Colliers International.

-A Contact Electric Rentals leased 12,454 square feet of industrial space in Robbins Park, 8811 Robbins Road. The tenant was represented by Tiffany Inglert of Coldwell Banker. The landlord, Owens Development LLC, was represented by Bill Brennan of Lee & Associates.

-Reliable Oil Equipment Inc. leased 9,750 square feet of industrial space at Victory Business Park, 5460 Victory Drive. The tenant was represented by Dustin Looper of Colliers International. The landlord, Victory Business Park Center, was represented by Debbie Mann of Mann Properties.

-Camptown Inc. leased 5,480 square feet of industrial space at 7998 Georgetown Road. The tenant was represented by Bart Book of Cassidy Turley. The landlord, Duke Realty Corp., was represented by Kate Willen Ems of Duke Realty.

-Staples Contract & Commercial leased 4,568 square feet of office space at 8909 Purdue Road. The tenant was represented by Yumi Prater of Colliers International. The landlord, Wells Real Estate Funds, was represented by Andrew Martin and Mike Semler of Cassidy Turley.

-Wired Communications leased 2,400 square feet of industrial space at 8710 8768 E. 33rd St. The tenant was represented by Todd Vannatta and Michael Weishaar of Cassidy Turley. The landlord, First Industrial Realty Trust, was represented by Brian Buschuk of Jones Lang LaSalle.

-Winthrop Investment Group LLC leased 2,330 square feet of office space at 20 E. 91st St. The tenant was represented by Jay Gehl of Hokanson Cos. Inc. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.

-Computer Aided Technology renewed its lease for 2,200 square feet of office space at The Precedent Office Park, 9225 Priority Way West Drive. The landlord, Pace-Keystone Associates LLC, was represented by Kim Hartman of Colliers International. The tenant represented itself.

-Menchie’s leased 1,459 square feet of retail space in Glendale Town Center, 6101 N. Keystone Ave. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, KRG Glendale LLC, was represented by Blake Beaver of Kite Realty Group.

-Phillip Eugene Holder and Josephine Holder leased 1,000 square feet of industrial space at 4180 N. Elmhurst Drive. The landlord, Carl Weedman Family Trust & Frank T. Kilby Trust, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.

-B B Miller Inc. renewed its lease for 902 square feet of office space at Hamilton Crossing, 12800 N. Meridian St., Carmel. The tenant was represented by Tom Osborne of Colliers International. The landlord, Duke Realty Limited Partnership, was represented by Adam Seger of Duke Realty.

The average rate for 30-year mortgages fell from 3.80 percent to 3.73 percent in the week ended Feb. 27, according to Bankrate.com. The rate for 15-year mortgages fell to 2.96 percent from 3.02 percent.

BC Dominguez Group LLC has been selected by the Muncie Housing Authority as construction manager for the redevelopment of the 87,000-square-foot Unity Center-Heekin Park Project in Muncie.

Eli Lilly and Co. has sued Roche Holding AG’s Genentech unit, asking a court to invalidate patents used to make treatments for cancer and autoimmune diseases, Bloomberg News reported. Lilly wants a court to reaffirm the patents behind its own cancer drug Erbitux. According to Lilly’s lawsuit, filed Thursday in federal court in San Francisco, Genentech deceived the U.S. Patent Office into issuing patents known as “Cabilly” after one of the inventors. Genentech claims that the process and certain starting materials used to produce Erbitux infringe on parts of the patents, and is pursuing an “aggressive litigation policy to protect its products against competition,” according to the complaint. Erbitux, made by Indianapolis-based Lilly’s ImClone unit, is approved in the United States to treat colon cancer and head and neck tumors. Lilly realized about $400 million in revenue from the drug in 2012. A phone call to Genentech’s media office seeking comment about the lawsuit wasn’t immediately returned.

Indianapolis-based CHV Capital joined Kaiser Permanente Ventures to invest an $8 million funding round for Health Catalyst, a Salt Lake City-based data warehousing company. The company already had raised $33 million in Series B funding to develop its technology, which helps hospitals measure quality data from their electronic medical record systems and report it to regulatory agencies and health insurers. Indiana University Health, the hospital system that is the parent of CHV Capital, already is using Health Catalyst’s technology.

The Indiana Senate voted last week to expand Medicaid using the state-run Healthy Indiana Plan. According to the Associated Press, Gov. Mike Pence and the Republican-led General Assembly have beat back efforts by Democrats to expand coverage using the traditional federal-state Medicaid program for the poor. Instead, they say, expansion should be done through the Healthy Indiana Plan or a similar state-run program, giving the state more control over costs. Expanding HIP would cost the state roughly 3 percent less than expanding Medicaid, state actuary Milliman Inc. estimated on Feb. 25. And supporters say HIP would promote more responsible decisions by enrollees. On the table is an expected $10.5 billion in federal aid for the state over the next seven years. But expanding HIP also could cost the state close to $2 billion over the period. House Speaker Brian Bosma, R-Indianapolis, said Tuesday that Pence likes the Senate's request for block grants from the federal government instead of matching funds for Indiana’s spending, as is the case with traditional Medicaid. "At least the leadership is all in favor of not using Medicaid expansion as the vehicle here because of the potential for massive cost in the future," Bosma said. Seven Democratic senators voted with all of the chamber's Republicans for the expansion, despite reservations about using HIP. "We don't agree with the bill the way it was written, but we want to make sure it remains alive," said Sen. Karen Tallian, D-Portage. Tallian asked lawmakers to approve a temporary expansion of Medicaid, for two years, similar to what Florida Gov. Rick Scott, a Republican, is supporting. But her amendment and similar efforts in the House failed.

Warsaw-based Zimmer Holdings Inc. said the U.S. Securities and Exchange Commission and the U.S. Department of Justice have ended their investigation into a possible violation by Zimmer of the Foreign Corrupt Practices Act. The investigation dates to September 2007. Zimmer is the world’s largest maker of orthopedic implants.

The National Science Foundation has awarded $500,000 to West Lafayette-based Tymora Analytical Operations LLC via a Phase II Small Business Innovation Research grant. Tymora will use the two-year grant to develop a technology called pIMAGO that helps lab researchers identify new targets for drugs to fight such diseases as cancer, diabetes, neurological disorders and immune system disorders. Tymora, founded by two Purdue University professors, has also received $450,000 in previous grants from the National Institutes of Health.