RPD Catalyst, a private equity investor based in Los Angeles, purchased Harbour Town Apartments and Condominiums, a 120-unit apartment community and newly completed 45-unit condominium building on Morse Reservoir, near Noblesville. The property includes a building pad that can accommodate another 45-unit condominium building. The exact sales price wasn’t disclosed but was less than $5 million. T. Scott Pollom Sr. of Colliers Turley Martin Tucker represented the buyer in the cash transaction. The seller was Fifth Third Bank.

-Quinlan Marketing Inc. leased 11,477 square feet of office space at 550 Congressional Blvd., Carmel. The tenant was represented by Pete Anderson of Colliers Turley Martin Tucker. The landlord, 550 Congressional Blvd. LLC, was represented by David A. Moore, Darrin L. Boyd and Mary Beth Kohart, also of Colliers Turley Martin Tucker.

-Empire Beauty leased 10,000 square feet at Speedway Super Center, 6020 Crawfordsville Road. The tenant was represented by Cindy Hoskinson, Herb Feldmann and Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, Centro Properties Group, represented itself in the transaction.

-McGuire Sponsel subleased 4,200 square feet of office space at Capital Center, 201 N. Illinois St. The tenant was represented by Michael R. Semler of Colliers Turley Martin Tucker. The lessor, Huntington Bank, was represented by Jon R. Owens and Russell VanTil, also of Colliers Turley Martin Tucker.

-Kilroy’s subleased the 8,533-square-foot former Smokey Bones Restaurant at 201 S. Meridian St. Steve Delaney of Sitehawk Retail Real Estate represented both the tenant, Paul Murzyn, and the lessor, Darden Restaurants, in the transaction.

-Sun Tan City leased 2,747 square feet at Scatterfield Pavilion, 4739 Scatterfield Road, Anderson. The tenant was represented by Ed Bonnacker of The Swiss Group. The landlord, Scatterfield Pavilion LLC, was represented by Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co.

-Asset Management Specialists leased 3,000 square feet at the Seastrom Building, 2351 Kentucky Ave. The tenant was represented by Evert Hauser of Grubb & Ellis Harding Dahm & Co. The landlord, Seastrom & Co., represented itself in the transaction.

-Cherokee Tire leased 2,400 square feet at 5316 W. Minnesota St. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle. The tenant represented itself in the transaction.   
 
-Seccion Amarilla USA LLC leased 2,300 square feet at Lake Plaza, 6801 Lake Plaza Drive. The tenant was represented by Miami-based CresaPartners. The landlord, Lake Plaza LLC and LeBarron Investments, was represented by Debbie Shumate of Grubb & Ellis Harding Dahm & Co.

-Kays CPA Group PC leased 2,047 square feet of office space at 3021 E. 98th St. The tenant was represented by Bryan Miller of Colliers Turley Martin Tucker. The landlord, Brookfield Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd, also of Colliers Turley Martin Tucker.
 
-eImagine Technology Group leased 1,924 square feet of office space at 6081 E. 82nd St. The tenant was represented by Jenna Barnett of Halakar Real Estate. The landlord, Brookfield Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers Turley Martin Tucker.

-Little Caesars leased 1,467 square feet at 809 S. Harrison St., Shelbyville. The tenant was represented by Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, Family Video Movie Club Inc., represented itself in the transaction.

-Ronald Blue & Co. LLC leased 1,714 square feet at the Indiana American Office Building, 555 E. County Line Road, Greenwood. The tenant was represented by Mark Dietel of Royal Companies Inc. The landlord, County Line Holdings LLC, was represented by Ed Troha of CB Richard Ellis.

Marian University's planned medical school is one of two dozen nationally, but budget cuts are forcing Indiana University to retreat on enrollment expansion.

Jeff Radabaugh has been promoted to vice president of Clarian Health’s ambulatory services, which include LifeLine Critical Care Transport, Clarian Home Care and Hospice services, Clarian Sleep Disorders Centers and Clarian Occupational Health programs. Radabaugh’s group now also will support Clarian Health affiliates throughout the state.

Cara Breidster, corporate controller for Clarian Health, has been promoted to vice president of finance and corporate controller.

Debra Bedwell, a registered nurse, has been named director of Community MedCheck Express.

Kelly Grabman has been named site manager for Community Physicians of Indiana’s County Line Medical Pavilion.

Sharon Jenkins was named site manager for Pendleton Medical Group, Lapel Medical Arts and Fortville Community Medicine.

Teresa Miller, a registered nurse, has been named clinical manager for the intensive care and progressive care unit at Community Hospital South.

Timothy Tapp was named chief operating officer at Gallahue Mental Health Services.

The Indiana Clinic, launched about a year ago, has signed 412 physicians as employees, and is still working toward a goal of as many as 1,500 by 2011. The clinic, a joint venture of Clarian Health and the Indiana University School of Medicine, is headed by Dr. John Fitzgerald. He discussed the progress.

Forget venture capital. Forget selling the firm outright. ImmuneWorks, an Indianapolis-based biotech firm, is taking a different route to get early-stage funding for money-sucking biotech drug development. The company signed a joint development agreement with Lung Rx, a subsidiary of Maryland-based United Therapeutics Corp. Lung Rx will fund ImmuneWorks' research and development operations with the option of acquiring the firm. ImmuneWorks, based on the research of Dr. David Wilkes at the Indiana University School of Medicine, is trying to develop treatments for orphan lung diseases, which affect fewer than 200,000 people nationwide.

Looks like the changing of the guard in Indianapolis-based Eli Lilly and Co.’s research operations is going beyond Dr. Steve Paul. In the same month Paul retired, his top lieutenant, Dr. William Chin, has taken a newly created job at Harvard Medical School. Chin was Lilly’s senior vice president for discovery research and clinical investigation. Paul was replaced by Jan M. Lundberg, former head of global discovery research at London-based AstraZeneca plc. Looks like Lundberg will be bringing in his own team.

Indiana University School of Medicine researchers have identified a mechanism by which tuberculosis evades the body’s immune system and have identified a compound that blocks the tuberculosis bacteria’s ability to survive. Those insights could lead to new drugs to treat tuberculosis. Zhong-Yin Zhang, a professor of biochemistry and molecular biology, was the lead author explaining the discoveries in in this week’s online early edition of the Proceedings of the National Academy of Sciences. Zhang’s team also described an anti-tuberculosis compound they have synthesized, A09. The compound is now being evaluated in animals at Johns Hopkins University School of Public Health.

Gretchen Wilson
Feb. 19
8 Seconds Saloon
Love country music? Well, you’ve got a big choice to make on Friday. Choice 1: You can catch self-proclaimed “Redneck Woman” Gretchen Wilson on tour in support of her latest album, “I Got Your Country Right Here.” Details on the show here. Or you can go old-school and see …
 

Feb. 19
Emens Auditorium

Choice 2: If the aforementioned Gretchen Wilson is too in-your-face for you—and you don’t mind taking a little drive to Muncie—you can see the Coal Miner’s Daughter herself, living legend Loretta Lynn. Details here.

And if those aren’t enough options, on that same evening you can drive to Evansville to see Choice 3: Willie Nelson at The Centre. Now, if we could only get the three of them together here for a festival.   
 

Feb. 19
Clowes Hall

In creating his “Tales from the Acoustic Planet” recordings, Bela Fleck collaborated on location with musicians from Uganda, Senegal, Madagascar and elsewhere. For this tour, he’s bringing along kora player Toumani Diabate, guitarists Vusi Mahlasela and D’Gary, and pianist Anania Ngolia. It’s a world away from anything you hear on Top-40 radio, and it should be an ear-opener. Details here.
 

Feb. 20
Indiana History Center

Sometimes authors’ names simply don’t register with readers. In fact, it wasn’t until I started researching the performer who will be onstage at this Storytelling Arts event that I realized Carmen Deedy is the author of “The Library Dragon,” a book I had read many times to my kids.

When Deedy comes to town this weekend, though, the audience should primarily be adults. She’ll be telling “Stories for the Journey Home,” which presumably concerns her Cuban roots, her emigration to the United States, and her dual heritage. Details here.
 

-Wild Sales Inc. leased 49,500 square feet of warehouse space at 17401 Tiller Court, Westfield.  The tenant was represented by Paul Rogozinski of Veritas Realty LLC. The landlord, J Investments, was represented by Bart Book of Colliers Turley Martin Tucker.

-Backhaul Direct LLC leased 16,213 square feet of office space at Allen Plaza, 1 Virginia Ave. The tenant was represented by Andrew D. Martin and Bennett M. Williams of Colliers Turley Martin Tucker. The landlord, Jefferson Plaza LLC, was represented by Greg Allen and John Cunningham of Allen Commercial Group.

-Mutual of Omaha Insurance leased 4,388 square feet at 9100 Keystone Crossing. The tenant was represented by Spero Pulos and Mark Holtzlander of Grubb & Ellis Harding Dahm & Co. John Robinson of Jones Lang LaSalle represented the landlord, Keystone Investors LLC.

-Fireplace Builders of Indiana leased 3,736 square feet at South Greenwood Shoppes, 6001 N. US 31, Whiteland. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the landlord, HRCP, and the tenant.

-Smith & Son leased 3,840 square feet at 5524 Fortune Circle South. The tenant was represented by Kelly Williams of Colliers Turley Martin Tucker. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle.

-WB McCloud renewed its lease for 3,000 square feet at 2645 Rand Road. The tenant was represented by Dustin Looper and Yumi Prater of Resource Commercial Real Estate. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle.

-PharmaSource leased 1,500 square feet at Library Park, 1701 Library Boulevard, Greenwood. The tenant was represented by John Stone of Stone Realty LLC. The landlord, Ennis Co., was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.

-Eyebrows Threading by Afraa leased 1,366 square feet at Greenwood Shoppes, U.S. 31 and Frye Road. The landlord, The Broadbent Co., was represented by Drew Kelly. The tenant represented itself.

-Chateau Thomas Winery leased 2,000 square feet at Fishers Town Commons, 116th Street and Fishers Pointe Boulevard. The landlord, The Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.

-Dr. David Bax leased 1,205 square feet at South Point Professional Center, 5144 E. Stop 11 Road. The tenant was represented by Mark Holtzlander of Grubb & Ellis Harding Dahm & Co. The landlord, Southpoint Group LLC, represented itself.
 

Meyer Najem Construction recently completed a 5,000-square-foot renovation and 800-square-foot addition for new dental and family practice offices for the Madison County Community Health Center, 1508 Main St., Elwood.

David “Chano” Ciechanowicz has joined Resource Property Management as senior property manager.

On a seasonally adjusted basis, the pace of mortgage loan activity dropped 1.2 percent for the week ended Feb. 5, according to the Mortgage Bankers Association. Rates for 30-year loans decreased to 4.94 percent from 5.01 percent the previous week. Fifteen-year mortgage rates were steady at 4.33 percent.

The Health & Hospital Corp. of Marion County got good news in its first round of borrowing to finance a new Wishard hospital: The cost is less than expected.

VoCare Inc. wants $4 million in cash and tax incentives to open headquarters and call center it says could employ 300 people.

It’s the most famous rate hike in the country now. And that’s not good news for WellPoint Inc. The Indianapolis-based health insurer’s California subsidiary will raise customers’ premiums by as much as 39 percent this year, according to the Associated Press. That alarmed President Obama, who is trying to resurrect his health reform efforts. He cited the WellPoint rate hike in his Sunday interview with Katie Couric on CBS. "That's a portrait of the future if we don't do something now," Obama said. Also, Obama’s health secretary, Kathleen Sebelius, fired off a letter to WellPoint, demanding an explanation. The Obama administration has no authority in the matter, and the California insurance department says it can do nothing about a rate hike unless WellPoint’s pricing violates state rules. But California Insurance Commissioner Steve Poizner is hiring an outside actuary to make sure WellPoint’s rate hike won’t breach a state threshold that no more than 30 percent of premiums pay for overhead and profits. WellPoint, in a statement, blamed the rate hike on the weak economy, which has reduced WellPoint’s customer base by eliminating 7 million jobs, and on ever-rising costs for medical care. The rate hike "highlights why we need sustainable health care reform to manage the steadily rising costs of hospitals, drugs and doctors," the statement said.

 

Eli Lilly and Co. Chairman and CEO John C. Lechleiter received $16.4 million in total compensation last year, a 33.6-percent increase. The rest of Lilly’s executive team got an average 25.4-percent pay hike. The majority of pay for the top five Lilly executives came in the form of stock-based awards. But Lilly's stock performance has been dismal the past two years. Indianapolis-based Lilly faces a raft of patent expirations in the next five years that could sap more than half its current revenue. On top of that, it has suffered numerous setbacks on bringing drugs to market. Therefore, investors have sent Lilly’s stock price tumbling. Even counting Lilly’s substantial dividend, investors suffered a 21-percent loss in value in 2008 and another 6-percent loss in 2009. By contrast, Lilly’s profits have grown by double-digits each of the past two years.

 

Dublin, Ohio-based health care products distributor Cardinal Health LLC says it plans to cut more workers at its Indianapolis distribution center, bringing the number of recent layoffs to 49. Cardinal Health notified the state on Feb. 3 that it laid off 37 workers at the end of January and plans to lay off 12 more effective April 3. The center is at 6812 Corporate Drive on the city’s northwest side. The cuts eliminated 44 warehouse-operations associates, two operations managers, two warehouse supervisors and an assistant administrator. About 25 employees will be left at the facility after the layoffs.

Community Health Network has promoted Jane Callahan, a registered nurse, to vice president for physician services, although she will keep her key duties: physician recruiting, partnering and credentialing. Callahan, a 30-year veteran at Community, is also president emeritus of the board of directors for the Indianapolis affiliate of Susan G. Komen for the Cure.

Dr. Gerald C. Walthall, has been appointed chairman of the central Indiana regional board of directors of the Sisters of St. Francis Health Services Inc. The Catholic hospital organization operates three hospitals in Beech Grove, Indianapolis and Mooresville. Walthall is a retired ear, nose and throat doctor. He is medical director of the St. Francis’ palliative medicine team in central Indiana.

Feb. 12-April 11/Feb. 12-July 25
Indiana State Museum
The Indiana State Museum doubles up on Abraham Lincoln exhibitions. The first is a traveling tour of items from the Library of Congress that’s hitting only five museums across the country. It includes the Bible on which Lincoln—and Barack Obama—took the oath of office. The second is composed of materials recently acquired from the Lincoln Financial Foundation Collection, including signed copies of the Emancipation Proclamation. Details here. And to check out my video tour of the exhibitions, visit here after Saturday, Feb. 13.
 

Feb. 12-14
Indianapolis Civic Theatre

Classics, in hindsight, always seem like the result of destiny. But their back stories are often less confident. In the case of “My Fair Lady,” for instance, success was far from guaranteed. George Bernard Shaw didn’t want his play, “Pygmalion,” to be musicalized at all. His death, however, opened the door to that possibility. Still, Rodgers and Hammerstein couldn’t make it work and, on first effort, Lerner and Loewe couldn’t, either—how could a musical exist with all this dialogue and without a secondary romantic couple? In fact, it was only after Lerner and Loewe took a two-year hiatus from the project that they figured out how to make “My Fair Lady” into theatrical magic—and, even then, star Rex Harrison almost didn’t come out of his dressing room before opening night.

Now gilded as one of the great works of musical theater, “My Fair Lady” is being given a new look by Indianapolis Civic Theatre, which is offering it as part of its Broadway Concert Series. That means the orchestra is on stage, the actors may be carrying scripts, and set and costumes are minimal. Forget theatrical conventions and, instead, go and soak up the sound of one of Broadway’s best. Details here.
 

Feb. 12-13
The Athenaeum

The latest creation from the Indiana Ballet Company weaves together choreography by Alyona Yakovleva, Shakespeare sonnets read by Butler University visiting theater teacher—and member of the Royal Academy for the Dramatic Arts—Tim Hardy, and period music by The Dragonscale Consort. We’re not sure if this will bring us closer to figuring out who Shakespeare’s “dark lady” was, but it should make for a lovely evening of dance theater. Details

here

. 

Cirque du Soleil presents “Alegria,” Feb. 11-14 at Conseco Fieldhouse. Details here.  
 
Indiana Repertory Theatre presents Joan Didion’s “The Year of Magical Thinking,” Feb. 16-March 9. Details here.
 
Gregory Hancock Dance Theatre presents “Under the Big Top,” Feb. 12-28 at the  Academy of Gregory Hancock Dance Theatre in Carmel. Reservations required. Details here.
 
Butler Ballet presents its “Midwinter Dance Festival,” Feb. 12-13 at Clowes Hall. Details here.
 
Theatre on the Square presents a double bill of hits from past Indy Fringe festivals, "Mr. Charles Currently of Palm Beach" and "A..holes and Aureoles," Feb. 12-27. Details here.
 

Jenna Barnett has been promoted to partner at Halakar Real Estate.

-Alt Construction has completed a 1,000-square-foot optometry office build-out at 755 W. Carmel Drive for Dr. Sam Ramschlag.

-Kort Builders has completed a 1,400-square-foot office at 6845 Bluff Road, Suite 26, for Christie Vision Care.

-Kort Builders has completed a 1,600-square-foot retail space for Solar Nail Salon in Nora Plaza, 1340 E. 86th Street, Suite 54.

-Kort Builders has started construction of a 4,000-square-foot retail space at 13971 Hamilton Town Center Blvd., Noblesville, that will house a Rue 21 retail store. The client is Simon Property Group.
 

On a seasonally adjusted basis, the pace of mortgage loan activity grew 21 percent in the week ended Jan. 29, according to the Mortgage Bankers Association. Rates for 30-year loans decreased to 5.01 percent from 5.02 percent the previous week. Fifteen-year mortgages decreased to 4.33 percent from 4.34 percent.