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Construction

November 21, 2013

-Capitol Construction has completed an 1,800-square-foot retail build-out for Pure Barre at 11501 Geist Pavilion Drive, Fishers.

-Capitol Construction has completed a 3,000-square-foot retail build-out for Torrid at 6020 E. 82nd St.

-Capitol Construction has completed a 3,000-square-foot retail build-out for Torrid at 49 W. Maryland St.

-Capitol Construction has completed a 2,100-square-foot office build-out for Axia Advisory at 20. E. 91st St.

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Residential

November 21, 2013

The average rate for 30-year mortgages fell from 4.48 percent to 4.39 percent for the week ended Nov. 20, according to Bankrate.com. The rate for 15-year mortgages fell from 3.49 percent to 3.42 percent. 

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Leases/leasing contracts

November 21, 2013

-Gateway Classic Cars leased 43,438 square feet of industrial space at 4400 W. 96th St., Carmel. The tenant was represented by Brian Seitz of Jones Lang LaSalle. The landlord, IP9 Carmel Office Investors LLC, was represented by Jake Sturman and Abby Zito of Jones Lang LaSalle.

-The RoomPlace leased 33,797 square feet at Greenwood Place, 7551-7747 S. Shelby St. The tenant was represented by Bill Mass of Mass Realty LLC. The landlord, Broadbent Cos., was represented by Broadbent's Joe Kenney.

-Parker Hannifin Corp. leased 25,595 square feet of industrial space at 7998 Centerpoint Drive. The tenant was represented by Chris Alexander of DTZ. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
 
-Safety Management Group of Indiana Inc. leased 6,560 square feet of office space at 8335 Keystone Crossing. The tenant was represented by Matthew Waggoner of Summit Realty Group. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.

-Cash America leased 6,500 square feet of retail space at 7098 N. Michigan Road. The tenant was represented by John Byrne of Cassidy Turley. The landlord, Brixmor GA Apollo IV Sub LLC, represented itself.
 
-Check$mart leased 4,836 square feet of retail space in George Thomas Plaza, 1058 N. Shadeland Ave. The tenant and landlord, Ladywood Apartments LLC, were represented by Cindy Hoskinson of Lee & Associates.

-21st Amendment Liquors leased 4,800 square feet of retail space at Geist Crossing Shopping Center, 9747 Fall Creek Road. The landlord, Glendale Partners of Geist Crossing II LLC, was represented by Kyle Hughes and Paul Rogozinski of Veritas Realty. The tenant represented itself.

-Keter Environmental Services Inc. leased 3,634 square feet at 37 South Park Blvd., Greenwood. The tenant was represented by Pete Alveal of Premier Commercial Real Estate Services. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.
 
-Hazel Dell Animal Hospital leased 3,400 square feet of retail space at 13190 Hazel Dell Parkway, Carmel. The tenant was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The landlord, TDHC LLC, was represented by Tim Hull of CBRE.

-ABC Hi-Def Communications leased 2,700 square feet at 5935 Kopetsky Drive. The landlord, Gateway South LLC No. 1, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.                                  

-Arkley Bio Tek Inc. leased 2,414 square feet at 4444 Decatur Blvd. The tenant was represented by Steve Beals and Richard King III of Lee & Associates. The landlord, CP Ventures LP, was represented by Brian Dell and Ryan Kelly of Summit Realty Group.

-Calumet Civil Contractors leased 1,700 square feet at 5640 S. Meridian St. The landlord, South Meridian Park LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.                 

-Biz Express leased 1,600 square feet of retail space at Fishers Crossing Shopping Center, 7268-N Fishers Crossing Drive, Fishers. The tenant was represented by Rob Lukemeyer of Baseline Commercial. The landlord, Viking Partners Fishers LLC, was represented by Seth Biggerstaff, Jamison Downs and Kyle Hughes of Veritas Realty.

-Ace Cash Express Inc. leased 1,500 square feet of retail space in Washington @Post Shopping Center, 8975 E. Washington St., Suite 101. The tenant was represented by Allison Hawley of Niessink Commercial Real Estate. The landlord, LOR Corp., was represented by Brett Burch of Valenti Real Estate Services.

-Great Clips leased 1,280 square feet of retail space at 6705 S. State Road 334, Zionsville. The tenant was represented by Tom Niessink of Niessink Commercial Real Estate. The landlord, Duke Realty Corp., was represented by Jacque Haynes and John Byrne of Cassidy Turley.

-Merle Norman leased 1,205 square feet of retail space at 540 630 W. Northfield Drive, Brownsburg. The landlord, ATC Realty One LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
 
-Geist Center for Allergy, Asthma & Immunology renewed its lease for 1,200 square feet of retail space at 8150 Oaklandon Road. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Greenleaf Apothecary leased 840 square feet of retail space at Fall Creek Harbour, 10154 Brooks School Road, Fishers. The tenant was represented by Nathan Smith of Colliers International. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson of Lee & Associates.

-ADI Consulting Group leased 333 square feet of retail space at Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.

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Sales/acquisitions

November 21, 2013

-Popeyes Louisiana Kitchen bought 1.02 acres of land at 2260 E. Main St., Plainfield. The buyer was represented by Kyle Hughes of Veritas Realty. The seller, Ralph & Nancy Daum II LLC, was represented by Steve Daum of Summit Realty Group.
 
-Agromed Inc. bought an 1,800-square-foot office condo in Regency Centre, 8202 Clearvista Parkway. The buyer was represented by Steve Beals and Richard R. King III of Lee & Associates. The sellers, John and Nancy Porter, were represented by Kurt Meyer of Baseline Commercial.

-Custom Interior Dynamics bought a 17,786-square-foot industrial building at 3314-3320 Prospect St. The seller, Klaisler Manufacturing Corp., was represented by Fritz Kauffman and Don Treibic of Cassidy Turley. The buyer represented itself.

-St. Louis-based SMFG LLC bought a 48-unit, garden-style apartment complex at 221 E. Main St., Carmel. The seller, Sundance Investment Properties, was represented by Amy Burmeister and Adam Ehret of Summit Realty Group. The buyer represented itself.

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Sales/acquisitions

November 19, 2013
-Mainstreet Property Group LLC bought seven acres of land at 5400 Georgetown Road. The buyer was represented by Jon Owens and Bo Leffel of Cassidy Turley. The seller, 56th & Georgetown Land Trust Co., was represented by Steve Daum of Summit Realty Group.

-Genius LLC bought a 35,357-square-foot retail building at 8150 Oaklandon Road. The seller, C-III, was represented by Jacque Haynes of Cassidy Turley. The buyer represented itself.

-RH of Indiana LP bought 29.04 acres of land at 7614 S. Arlington Ave. The seller, KCS Properties LLC, was represented by Bill Flanary of Cassidy Turley. The buyer represented itself.

-TransCorr LLC bought three acres of land at 4851 W. 96th St. The buyer was represented by Mike Cook of CBRE. The seller, Zenobia Liles, was represented by Steve Schaub of Summit Realty Group.
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Leases/leasing contracts

November 19, 2013
-Transpacific Development Co. has hired Michael Weishaar and Luke Wessel of Cassidy Turley to lease a new, 450,000-square-foot warehouse/distribution property at 2450 Stanley Road, Plainfield.

-Fresh Thyme Farmers Market leased 30,000 square feet of retail space at Greenwood Shopping Center, 8750 U.S. 31. The tenant was represented by Jamison Downs and Kyle Hughes of Veritas Realty. The landlord, Greenwood Anchor Redevelopment LLC, was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate.

-Fishers Soccer Club Inc. leased 19,200 square feet of industrial space at 9900 Westpoint Drive. The tenant was represented by Kyle Powell of Ambrose Property Group. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-CVS leased 9,180 square feet of retail space at 135 N. Pennsylvania St. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, True North Management Group, was represented by Jon Owens and Russ Van Til of Cassidy Turley.

-Medxcell leased 6,979 square feet of office space at 7102 7196 Lakeview Parkway. The tenant was represented by Michael Semler of Cassidy Turley. The landlord, Duke Realty Corp., was represented by Duke's Traci Kapsalis.

-Stacked Pickle leased 3,515 square feet in River's Edge, 4705 E. 96th St. The tenant was represented by Brian Epstein of UrbanSpace. The landlord, Broadbent Cos., was represented by Broadbent's John Beuoy.

-Cycle Gear leased 3,100 square feet at Castleton Shoppes, 6024-6066 E. 82nd St. The tenant was represented by Mark Perlstein or Sitehawk Retail Real Estate. The landlord, Broadbent Cos., was represented by Broadbent's Jim Mosher.

-The Sandpiper Restaurant & Pub renewed its lease for 3,100 square feet at Harbourtown Center on Morse Reservoir, Noblesville. The landlord, Harbourtown Center LLC, was represented by J.W. Ernst of Charter Commercial Realty Group LLC. The tenant represented itself.

-Reforming Indy Pilates Studio leased 2,500 square feet of retail space at Fall Creek Harbour, 11250 Brooks School Road, Fishers. The tenant was represented by Brent Benge of Paradigm Real Estate Investments. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson of Lee & Associates.

-Do-Tique leased 1,854 square feet of retail space in Sophia Square, 110 W. Main St., Carmel. The tenant was represented by Jason Challand of Echelon Realty. The landlord, Carmel Lofts LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.

-Exercise Specialties leased 1,452 square feet of retail space in Sophia Square located, 110 W. Main St., Carmel. The tenant was represented by Gary Perel of Newmark Knight Frank Halakar. The landlord, Carmel Lofts LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.

-Pietro’s Pizza leased 1,200 square feet of retail space in Nora Shoppes, 1113 E. 86th St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, LOR Corp., was represented by LOR's Suzanne Storer.

-Alexander The Vape leased 992 square feet at Castleton Plaza, 8238-8284 Center Run Drive.  The landlord, Broadbent Cos., was represented by Broadbent's Josh Broadbent. The tenant represented itself.    
 
-Bolden Dry Cleaners renewed its lease for 950 square feet at Harbourtown Center on Morse Reservoir, Noblesville. The landlord, Harbourtown Center LLC, was represented by J.W. Ernst of Charter Commercial Realty Group LLC. The tenant represented itself.
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Residential

November 19, 2013
The average rate for 30-year mortgages rose from 4.35 percent to 4.48 percent for the week ended Nov. 13, according to Bankrate.com. The rate for 15-year mortgages rose to 3.49 percent from 3.42 percent the previous week.
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People

November 19, 2013
-Bill Marsh has joined Colliers International as vice president of retail services.

-Pete Quinn, a founder of Summit Realty Group, has rejoined the firm after eight years with its affiliate, Cushman & Wakefield. Quinn will focus on logistics and corporate facilities services.

-Jeremy Stephenson has joined Milhaus as partner and executive vice president.
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Construction

November 19, 2013
-Capitol Construction has completed a 1,400-square-foot office build-out for Stillpoint Family Chiropractic at 9780 Lantern Road, Fishers.

-Capitol Construction has completed a 1,400-square-foot retail build-out for Edible Arrangements at 10665 E. U.S. 36, Avon.

-Capitol Construction has completed a 4,400-square-foot office build-out for Leukemia & Lymphoma Society at 9075 N. Meridian St.
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People

November 18, 2013

Bloomington-based Cook Medical Inc. promoted Pete Yonkman to president, replacing Kem Hawkins, who will continue as president of Cook Group Inc., the parent of Cook Medical. Yonkman joined Cook Medical 12 years ago as corporate counsel. He was most recently executive vice president, overseeing the company’s 10 strategic business units. Yonkman earned bachelor’s degrees in psychology and philosophy from Indiana University in Bloomington and a law degree from the IU Maurer School of Law in Bloomington.

OurHealth, which operates employer health clinics, has hired Kendra Stewart as director of wellness. Prior to joining OurHealth, she served as health behavior coordinator for Richard L. Roudebush VA Medical Center. Stewart is a clinical health psychologist who earned her doctoral degree from Ohio University.

Susan Waschevski has been appointed director of Franciscan St. Francis Health’s PACE initiative—Program of All-Inclusive Care for the Elderly. She most recently was deputy director of home and community-based services with the state Division of Aging. Prior to that, Waschevski was a program manager for CICOA Aging & In-Home Solutions. Waschevski earned a bachelor’s degree in sociology from Monmouth College in Illinois.
 

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Company news

November 18, 2013

Zionsville-based hc1.com Inc. announced an expansion plan Friday that it says will add 62 local jobs by 2017. Hc1.com will spend $1.4 million to lease and equip a 16,626-square-foot headquarters at Northwest Technology Park. Founded in 2001 as Bostech Corp., hc1.com sells health care relationship-management software to medical labs and radiology practices. The firm already has 80 employees, including 70 in Indiana.  Brad Bostic, who co-founded ChaCha Search Inc., is the CEO. The Indiana Economic Development Corp. offered hc1.com up to $1 million in conditional tax credits and up to $100,000 in training grants based on the company's job-creation plans. Boone County approved additional incentives.

Eli Lilly and Co. will invest another $700 million in its diabetes manufacturing capacity, the Indianapolis-based drugmaker announced last week. The move includes a $45 million investment for Lilly's operations in Indianapolis on top of a $400 million investment the company announced over the past year. Lilly is expanding plants in Puerto Rico, China, France and at its headquarters in Indianapolis. According to Bloomberg News, China alone will see a $350 million buildup that will enable Lilly to produce more insulin cartridges for reusable devices. Lilly announced a year ago that it would build a $140 million insulin-cartridge plant in Indianapolis, then decided in April to spend another $180 million to more than double the size of the facility. In addition, Lilly is planning several other projects for its local operations totaling $80 million, including a $40 million product-inspection center. The number of diabetics worldwide is projected to grow to 592 million in 2035 from 382 million this year, according to a report released Thursday by the International Diabetes Federation. The report found that 80 percent of diabetics live in low- or middle-income countries.

Arcadia Developmental Center in Hamilton County has been closed by state authorities, resulting in the end of employment for 100 workers. New Age Healthcare LLC, which oversees the center, notified the Indiana Department of Workforce Development of the closure Nov. 11, according to a letter posted online Friday by the IDWD. Arcadia said the Division of Disability and Rehabilitative Services had ordered an immediate transfer of its residents to other service providers on Nov. 11. The state recently cited the facility for violations regarding infection control and other problems. The center, which was founded in 1998, began laying off employees Nov. 12 and expects to be finished by Dec. 31.
 

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People

November 11, 2013

Dr. Monica Joyner has been appointed medical director for Wound Care Specialists, a new medical practice that is part of Franciscan Physician Network. Before joining Franciscan, Joyner served as executive director and director of education for Indianapolis-based MedTech College. Joyner earned a bachelor’s degree in psychobiology from Yale University and a medical degree at the Indiana University School of Medicine.

The Behavior Analysis Center for Autism promoted Beth Roudebush to clinical director of its facility in Zionsville. In her five years at the center, Roudebush has worked as a therapist, clinical trainer and assistant consultant. Prior to her work at the center, she served in management at Robert Half International, Enterprise Rent-A-Car and Bob Evans Farms Inc. She earned a bachelor’s degree in applied health sciences from Indiana University.

WellPoint Inc. named Jose Tomas its chief human resources officer. Tomas will replace Randy Brown, who is retiring at the end of the year. Prior to joining WellPoint, Tomas served as global chief people officer and president of the Latin America region for Burger King Corp. Before Burger King, Tomas held human resources positions with Ryder System Inc. and Publix Super Markets. Tomas holds a bachelor's degree in business administration and a master's in management from Florida International University.

WellPoint Inc. named Julie Goon senior vice president of public affairs. Most recently, Goon served as senior health policy director for the U.S. House of Representatives Energy and Commerce Committee. Before that, she served as director of General Electric’s healthymagination marketing initiative. Earlier in her career, Goon held management posts at the U.S. Department of Health and Human Services’ Center for Medicare & Medicaid Services, America’s Health Insurance Plans, Humana Inc., and the Colorado Legislative Council. Goon received her bachelor’s degree in history from Colorado State University.

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Company News

November 11, 2013

Shares of Endocyte Inc. came roaring back after the company’s executives finally convinced investors there’s a real possibility of getting European approval in the next two months for its first drug. Shares of West Lafayette-based Endocyte soared by nearly 41 percent from its close on Tuesday, just before the company issued its pipeline update, until the end of the week, when the shares closed at $11.64 apiece. Endocyte executives said they expect European regulators to render a decision on its ovarian cancer drug, vintafolide, in December or January. The European regulators have requested an oral presentation by Endocyte, which is usually a sign of some controvery, Wall Street analysts noted. If Endocyte gets the green light, it would start working with its partner, New Jersey-based Merck & Co. Inc., to sell vintalofide next year. Endocyte is also seeking approval for a companion imaging agent. Combined, analysts expect the two products could bring Endoycte as much as $200 million in revenue by 2018.

Two former Eli Lilly and Co. scientists accused of stealing the drugmaker’s trade secrets and passing them to a Chinese company have been released to a halfway house by a federal judge in Indianapolis. The judge, William Lawrence, also acknowledged that the men’s attorneys had “poked sufficient holes” in the case brought by U.S. Attorney Joe Hogsett against the men by suggesting that Guoqing Cao and Shuyu “Dan” Li, only passed on information that Lilly had already put into the public domain. Cao and Li, both of whom live in Carmel, were arrested in October for allegedly emailing sensitive information about nine of Lilly’s experimental drug programs to an employee of Jiangsu Hengrui Medicine Co. Ltd., which is based in China. An executive of Indianapolis-based Lilly estimated during a court hearing that the trade secrets were worth at least $55 million.

Paragon Medical Inc., a Pierceton, Ind.,-based supplier to orthopedic implant companies, has agreed to be acquired by Chicago-based private equity firm Beecken Petty O'Keefe & Co. Financial terms of the transaction, which is expected to close in December, were not disclosed. The company has 950 employees, according to its website.

Testosterone replacement drugs, including one made by Eli Lilly and Co., raised the risk of heart, attack, stroke or death by 29 percent, according to a study of 8,700 men released last week. According to Bloomberg News, the study is the first of a class of drugs, which includes Lilly’s Axiron, as well as AbbVie Inc.’s Androgel. Indianapolis-based Lilly is expected to achieve $168 million in sales this year from Axiron. Androgel could achieve $1.1 billion in sales, according to figures compiled by Bloomberg. An earlier study of testosterone supplements used in elderly males, funded by the U.S. National Institute on Aging and run at Boston Medical Center, was stopped in 2009 because an audit found it caused more heart attacks and high blood pressure. Teresa Shewman, a Lilly spokeswoman, said the company is aware of cardiovascular events in men taking testosterone therapies. “Lilly works with the scientific community and regulatory bodies to further understand and communicate the risks and benefits of testosterone replacement therapy,” Shewman said. “As a company responsible for developing medicines, Lilly is committed to providing advertising that is truthful, accurate and balanced.”

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Construction

November 7, 2013

-Charles C Brandt Construction has completed a 3,000-square-foot expansion and renovation for Jockamo Upper Crust Pizza at 5646 E. Washington St.

-Capitol Construction has completed a 1,400-square-foot office expansion for Tricor at 3003 E. 98th St.

-Capitol Construction has completed a 1,700-square-foot office expansion for Equities First at 10 W. Market St.

-Capitol Construction has completed a 2,200-square-foot remodel for PNC Bank at 5300 Crawfordsville Road, Speedway.

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Residential

November 7, 2013

The average rate for 30-year mortgages rose from 4.27 percent to 4.35 percent for the week ended Nov. 6, according to Bankrate.com. The rate for 15-year mortgages rose to 3.42 percent from 3.38 percent the previous week.

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Leases/leasing contracts

November 7, 2013

-National Distribution Centers renewed its lease for 382,612 square feet in Lebanon Business Park Building 14, 500-520 S. Enterprise Blvd., Lebanon. The tenant was represented by Mark Writt of CBRE. The landlord, Duke Realty, was represented by Duke's Jay Archer.  

-Breg Inc. leased 112,500 square feet in Plainfield Building 1, 1551 S. Perry Road, Plainfield. The tenant was represented by Keith Sant of Sant Commercial. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Guggenheim Life & Annuity Co. leased 9,687 square feet at Meridian Corporate Plaza One, 401 Pennsylvania Parkway. The tenant was represented by Kevin Gillihan of Jones Lang LaSalle. The landlord, Indland American Office Management LLC, was represented by John Robinson and Adam Broderick of Jones Lang LaSalle.

-YourEncore leased 9,185 square feet at the Circle Building, 111 Monument Circle. The landlord, CW Monument Circle Inc., was represented by John Robinson and Adam Broderick of Jones Lang LaSalle. The tenant represented itself.
 
-Integrity Staffing Solutions Inc. renewed its lease for 5,504 square feet of office space at 6000 Corporate Way Drive, Building B. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, Caleast Industrial Investors LLC, was represented by Russ Van Til and Bryan Poynter of Cassidy Turley.

-VCA Animal Hospitals Inc. leased 5,000 square feet of retail space at Emerson Shoppes, 4920 S Emerson Ave. The tenant was represented by Paul Dick and Kevin Dick of Colliers International. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International. 

-Visiting Physicians Assistants leased 3,495 square feet of space at Parkstone Office Center, 9001 N. Wesleyan Road. The tenant was represented by Jeffrey Silverman of U.S. Medical Management. The landlord, Parkstone Indianapolis LP, was represented by Ashley Bussell and Derek Menerey of Newmark Knight Frank Halakar.

-Destination Maternity leased 3,147 square feet at Racquet Square, 4025 E. 82nd St. The landlord, Racquet Square Center LLC, was represented by Larry Davis, Tom English and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.

-Piada Italian Street Food leased land for a 3,000-square-foot restaurant at The Shops at River Crossing, 8601 River Crossing Blvd. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, PK Partners, represented itself.

-The Mentor Network leased 2,940 square feet of space at Parkstone Office Center, 9001 N. Wesleyan Road. The tenant was represented by Kim Vo of Mohr Partners. The landlord, Parkstone Indianapolis LP, was represented by Ashley Bussell and Derek Menerey of Newmark Knight Frank Halakar.

-GMB AE LLC, leased 2,500 square feet of office space at 310 N. Alabama Street. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, Massala Properties LLC, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.

-DMN Corp., dba Azuma Leasing, leased 2,168 square feet of industrial space at 4937 E. 23rd St. The landlord, Marion Property Trust c/o Presidential Bank, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.

-Rowe Conveyor LLC leased 1,895 square feet of industrial space at 1729 S. U.S. 31, Suite F. The landlord, Petro Brothers LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

-Pure Barre leased 1,807 square feet at Geist Pavilion, 11501 Geist Pavilion Drive, Suite 111, Fishers. The tenant was represented by Greg Smith of Colliers International. The landlord, 116th & Olio LLC, was represented by Andrew Hasbrook of Kite Realty Group.

-Blue Plumbing & Mechanical Inc. leased 1,500 square feet of industrial space at 4924 E. 23rd St. The landlord, Marion Property Trust c/o Presidential Bank, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.

-Barnes & Thornburg LLP leased 1,357 square feet of office space at 10401 N. Meridian St. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Indian Restaurant leased 1,200 square feet at Main Street Crossing, 130 N. Perry Road, Plainfield. The landlord, Tabani Main Street LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

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Sales/acquisitions

November 7, 2013

-Pharmakon Pharmaceuticals Inc. bought a 37,265-square-foot building and three acres of land at 14450 Getz Road, Noblesville. The buyer was represented by Brian Askins and Matt Waggoner of Summit Realty Group. The seller of the building, PSTI Group LLC, was represented by Jim Shook of Coldwell Banker Commercial. The seller of the land, National Bank of Indianapolis, was represented by Ralph Balber of Newmark Knight Frank Halakar.

-Arc Design, PC purchased a 16,000 square foot building at 201 N Delaware Street. The buyer and seller, 201 North Delaware, LLC, were represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Theta Chi Fraternity International Headquarters bought a 30,950-square-foot office building at 865 W. Carmel Drive, Carmel. The buyer was represented by Craig Kaiser of Northern Commercial. The seller, Browning Investments Inc., was represented by Jon Owens and Russ Van Til of Cassidy Turley.

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Construction

November 5, 2013
-Capitol Construction has completed a 9,000-square-foot office expansion for Kronos at 101 W. Washington St.

-Charles C Brandt Construction has completed a $50,000 renovation for RR Donnelly at 700 Airtech Parkway, Plainfield.

-Charles C Brandt Construction has been awarded a $100,000 tenant finish project for Fusion at 550 Congressional Blvd., Carmel.

-Charles C Brandt Construction has been awarded a $15,000 tenant finish project for Applied Marketing at 550 Congressional Blvd, Carmel.
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Sales/acquisitions

November 5, 2013
-One Liberty Properties Inc. bought a 125,622-square-foot industrial building leased by Federal Express at 3825 Hanna Circle. The seller, Guthrie Partners LP, was represented by Janice Paine and Brian F. Knapp of Colliers International. The buyer represented itself.

-An affiliate of Klosterman Baking Co. bought a 10,800-square-foot industrial building at 5867 Churchman Ave. The buyer was represented by Stan Elser and Jim Karozos of Lee & Associates. The seller, Pifer LLC, was represented by David Lane of Burr & Temkin.

-WF Industrial Properties bought 2.97 acres at 7531 Miles Drive. The buyer was represented by Patrick Lindley and Grant Lindley of Cassidy Turley. The seller, JP Morgan Chase Bank, was represented by Nick Arterburn of CBRE.
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Residential

November 5, 2013
The average rate for 30-year mortgages remained at 4.27 percent for the week ended Oct. 30, according to Bankrate.com. The rate for 15-year mortgages ticked up to 3.38 percent from 3.37 percent the previous week.
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Leases/leasing contracts

November 5, 2013
-Gannett Co. Inc. leased 22,000 square feet of office/industrial space at 7531 Miles Drive. The tenant was represented by Nick Arterburn of CBRE. The landlord, WF Industrial Properties, was represented by Patrick Lindley and Grant Lindley of Cassidy Turley.

-Goodwill Industries leased 10,984 square feet of retail space at 4200 S. East St. The tenant was represented by Bill French of Cassidy Turley. The landlord, Tri Land Properties Inc., represented itself.

-Lockerbie Square Cabinet Co. leased 7,194 square feet of industrial space at 4350 W. 10th St. The tenant was represented by Brett Burch of Valenti Real Estate Services. The landlord, Speedway Industrial Park, was represented by Bill Byram of Cassidy Turley.

-Raybourn Group International leased 6,551 square feet of space at Parkstone Office Center, 9100 N. Purdue Road. The landlord, Parkstone Indianapolis LP,  was represented by Derek Menerey and Ashley Bussell of Newmark Knight Frank Halakar. The tenant represented itself.

-Peachin Schwartz & Weingardt PC leased 6,016 square feet at Crosspoint Six, 9775 Crosspoint Blvd. The tenant was represented by Brian Askins of Summit Realty Group. The landlord, Young Realty Crosspoint Six, was represented by Lori Pfeiffer and Larry Davis of Sitehawk Property Management.

-Dealers Transmission Exchange leased 5,000 square feet at 5700 W. Minnesota St. The tenant was represented by Cam Kucic of Summit Realty Group. The landlord, CCH Investments LLC, was represented by Brad Williams and Tyler Wilson of Summit Realty Group.                

-Bloomfield Bank leased 3,250 square feet at Fidelity Keystone Office Tower, 650 E Carmel Drive, Carmel. The tenant was represented by Darrell Pike of Pike Real Estate Services LLC.  The landlord, Network Capital Corp., was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar.

-VYM General Contractors LLC leased 1,800 square feet of industrial space at 5303-5331 W. 86th St. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley. The tenant represented itself.

-Square 9 leased 1,608 square feet at Fidelity Keystone Office Tower, 650 E. Carmel Drive, Carmel. The landlord, Network Capital Corp., was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar. The tenant represented itself.

-Horwitz & Associates leased 1,499 square feet at Parkstone Office Center, 9100 N. Purdue Road. The landlord, Parkstone Indianapolis LP, was represented by Ashley Bussell and Derek Menerey of Newmark Knight Frank Halakar. The tenant represented itself.

-Integrity Travel Solution leased 1,355 square feet at Parkstone Office Center, 9101 N. Wesleyan Road. The landlord, Parkstone Indianapolis LP, was represented by Derek Menerey and Ashley Bussell of Newmark Knight Frank Halakar. The tenant represented itself.

-Astra Digital leased 973 square feet at Parkstone Office Center, 9101 N. Wesleyan Road. The landlord, Parkstone Indianapolis LP, was represented by Derek Menerey and Ashley Bussell of Newmark Knight Frank Halakar. The tenant represented itself.
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People

November 4, 2013
Dr. Amy Schmidt, a pathologist, has joined Wishard-Eskenazi Health. She did her medical training and received a doctoral degree at Saint Louis University School of Medicine.

Dr. Frank Messina, an emergency medicine physician, has been named medical director of the Wishard-Eskenazi Health Transition Support Department. Messina earned a bachelor’s degree from Columbia University and did his medical training at Mount Sinai School of Medicine of the City University of New York in 1987.

Keith Jewell has been picked to be the next president of St. Mary’s Health, an Evansville hospital that is part of Indianapolis-based St. Vincent Health. Jewell, currently chief operating officer of the Franciscan St. Francis Health hospital system in Indianapolis, will assume his new role in mid-December. An Evansville native, Jewell earned a bachelor’s degree in accounting and an MBA at the University of Southern Indiana. He began his health care career at Evansville’s Deaconess Hospital. He joined Franciscan in 1993.

Dr. Jillian Erb, a family physician, recently joined Sheridan Family Medicine. She earned a bachelor’s degree at Indiana University in Bloomington and her medical degree at the Indiana University School of Medicine.
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Company news

November 4, 2013
Faced with huge debt payments next year, San Francisco-based Genstar Capital is exploring a sale of Indianapolis-based Harlan Laboratories, the world’s second-biggest provider of lab animals. Genstar, which acquired Harlan in a leveraged buyout in 2005, faces long odds on refinancing $280 million in debt that comes due in July 2014. That’s because Harlan has experienced “double-digit revenue contraction” after sales reached $326 million in 2012, according to a report by Standard & Poor’s. Harlan has been losing ground in its contract research work, analysts say, because pharmaceutical companies have scaled back early-stage research. Harlan employs about 330 people in the Indianapolis area.

The state of Indiana will extend its high-risk insurance pool through the end of January to accommodate Hoosiers who have been unable to enroll in coverage through the federal marketplace, according to TheStatehouseFile.com. The Indiana Comprehensive Health Insurance Association–often called ICHIA–provides coverage for roughly 6,800 individuals with significant medical needs and costs the state about $6.3 million per month. The program was scheduled to shut down at the end of the year. The state created its high-risk insurance pool in 1982 to provide health care options for seriously ill Hoosiers who did not have access to coverage in the private market. Its users tend to have problems including cancer, hemophilia, HIV/AIDS or organ failure. Last spring, the General Assembly passed a law dissolving the program because the patients would become eligible to purchase coverage through the federal marketplace. But state officials now worry those patients won’t be able to sign up in time.

In an attempt to improve public health planning and efforts, researchers at IUPUI have received a $200,000 grant to study whether they can use electronic medical records to measure health outcomes by neighborhood or census block. The two-year study will try to establish a valid method for integrating data from the medical records with other community health indicators such as parks, health care facilities and grocery stores selling fresh produce. “When there is a limited budget for, say, preventing diabetes, the county health department has to determine how to spend its resources,” said Brian Dixon, an informatics professor and researcher at Indianapolis-based Regenstrief Institute Inc., who is leading the study. “One choice is to evenly divide the money across all communities within the county, some of which probably don’t have as much need as others. A second choice is to identify specific areas within the county that might need intervention the most.” The grant was awarded by the National Network of Public Health Institutes with support from the Robert Wood Johnson Foundation.
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Sales/acquisitions

October 29, 2013
-L&L Property Holdings bought a 40,344-square-foot industrial property at 2556 E. U.S. 136, Pittsboro. The buyer was represented by Todd Vannatta and Michael Weishaar of Cassidy Turley. The seller, The Carter Jones Lumber Co., was represented by John Demaree and Brad Williams of Summit Realty Group.

-Weaver Wilson LLC bought an 8,000-square-foot industrial building at 5747 W. Raymond St. The buyer, Weaver Wilson LLC, was represented by Brian Dell and Ryan Kelly of Summit Realty Group. The seller, Scott Holdings LLC, was represented by Jim Fasone and Tony Hupp of Summit Realty Group.
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Leases/leasing contracts

October 29, 2013
-Edward’s Transmissions leased 30,368 square feet at 2A Gasoline Alley. The landlord, J&J Properties Inc., was represented by Brian Seitz and Kevin Gillihan of Jones Lang LaSalle. The tenant represented itself.

-Shrewsberry & Associates renewed its lease for 7,358 square feet of office space at 7321 Shadeland Station. The tenant was represented by Kimberly Estes Hartman, RJ Rudolph and Tom Osborne of Colliers International. The landlord, LA/Shadeland Station Inc., was represented by Crystal Houston of CBRE.

-Fast Track LLC leased 6,836 square foot of office space at 6330 E. 75th St. The tenant was represented by Glenn B. Davis of Colliers International. The landlord, Metro Centre Office Park LLC, was represented by Crystal Houston of CBRE.  

-REI LLC leased 5,500 square feet at 6007 S, Harding St. The tenant and landlord, TW Inc., were represented by Keith Turnbill of RE/MAX Select Realtors Commercial Division.

-Logicalis Inc. leased 5,036 square feet of office space at 9225 Priority Way, West Drive. The tenant was represented by Ben Herman of Mohr Partners. The landlord, Pace Properties, was represented by Kimberly Estes Hartman of Colliers International.

-Stacked Pickle leased 4,280 square feet of retail space in Meridian Oaks, 172 Melody Ave., Greenwood. The tenant was represented by Brian Epstein of Urban Space. The landlord, RCS Holdings LLC, was represented by Bart Jackson of Lee & Associates.

-Companion Care Co. leased 3,128 square feet at 8604 Allisonville Road. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, Citimark Management Co., was represented by Citimark's Brian Fitzgerald.

-Insurance Institute of Indiana leased 3,101 square feet at 115 W Washington St. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, Hub Properties GA LLC, was represented by Rick Trimpe of CBRE.

-Mission: Pre-Born leased 2,567 square feet of office space at 4333 W. 71st St. The landlord, Home Acres Building Supply Co. Inc., was represented by Bill Brennan of Lee & Associates. The tenant represented itself.

-MDC Design LLC doing business as Snazzi Boutique leased 1,790 square feet of retail space at Boardwalk Shoppes, 720 Adams St., Carmel.  The tenant was represented by Stacia Yeager of Encore Sotheby’s International Realty. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International.  
 
-Indiana Optometry leased 1,489 square feet in Market Tower, 10 W. Market St. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, MT Acquisitions LLC, was represented by Bennett Williams of Cassidy Turley.
 
-Farmers Insurance renewed its lease for 960 square feet at Country Center, 1100 N. State Road 135, Greenwood. The Landlord, TCP Greenwood, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
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