Real Estate & Retail

Businesses on MLK give revitalization another shotRestricted Content

December 22, 2008
Whitney Lee
The newly organized MLK Business Revitalization Association aims to bring new life to the neighborhood west of downtown by uniting area business owners behind a common goal -- cleaning up the community to attract other entrepreneurs.
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Distribution holds promise for Central IndianaRestricted Content

December 22, 2008
Chip Cutter
A new report shows that, despite a sluggish national economy, the Indianapolis area should continue to attract industrial businesses and distribution centers next year.
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Apartment revitalization work begins in IrvingtonRestricted Content

December 22, 2008
Apartment developer Christopher Piazza has closed on financing for a $1.2 million renovation of a 1914 apartment building in Irvington.
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City government should shop locallyRestricted Content

December 22, 2008
Good luck getting people to buy from local vendors or manufacturers.
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Kroger, Marsh continue store-upgrade spreeRestricted Content

December 22, 2008
Sam Stall
Even in the midst of a recession, one form of economic activity continues apace -- supermarket construction and refurbishment.
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Plan calls for creating a downtown feel at IUPUI campusRestricted Content

December 22, 2008
J.K. Wall
In 20 years, IUPUI leaders want their campus to feel more like the rest of downtown — taller buildings, more parks, more people hanging out — and they want to connect it to the city's core.
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Kite drops about 10 percent of its staff as retail market floundersRestricted Content

December 15, 2008
Cory Schouten
Kite Realty Group Trust has joined local peers Duke Realty Corp. and Lauth Group Inc. in laying off employees as it copes with dried-up credit and a soft retail market.
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'Smoke free' needs to be the law in all Hoosier public placesRestricted Content

December 15, 2008
If Indianapolis is going to be a first-class city, it needs to have a comprehensive smoke-free workplace law.
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Franchises can be safer business investments in tough timesRestricted Content

December 15, 2008
Scott Olson
What is the current state of franchising, given the tough economic environment?
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Indian truck maker Mahindra making inroads at local dealersRestricted Content

December 15, 2008
Chris O'Malley
Indianapolis Ford dealers John Pearson and Ray Skillman will be among the 300 domestic dealers of Mahindra trucks and SUVs when the company makes its U.S. passenger car debut as early as next summer.
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Local stores promote service and uniqueness, not discounts, during holidaysRestricted Content

December 15, 2008
Scott Olson
Indianapolis merchants are banking on customer loyalty to achieve sales they hope will surpass the gloomy expectations forecast for the holiday shopping season.
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Chicago's Jones Lang LaSalle attracts talented local brokers to establish Indy branchRestricted Content

December 8, 2008
Chip Cutter
Some of the city's most prominent commercial real estate brokers have resigned from locally owned Meridian Real Estate to launch an Indianapolis affiliate of Chicago-based Jones Lang LaSalle.
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Lease-to-own options becoming more popularRestricted Content

December 8, 2008
Chip Cutter
With credit tight and the economy shaky, homeowners around the region are increasingly choosing to sell their properties on a lease-to-own basis.
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In a recession-ridden holiday, shop and give locallyRestricted Content

December 8, 2008
Bruce Hetrick
When it comes to holiday shopping and charitable giving, act locally.
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Bold bets on Hoosier firms yield horrific results so farRestricted Content

December 8, 2008
Greg Andrews
The millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value, leaving them way, way below break-even.
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Worst auto market in 30 years might force consolidationRestricted Content

December 8, 2008
Chris O'Malley
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on for dear life this time around, portending a shakeout among Indiana's 520 dealers.
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Kosene & Kosene embroiled in 62 lawsuitsRestricted Content

December 1, 2008
Cory Schouten
Indianapolis developer Kosene & Kosene is battling buyers over a $500 million condo project near Fort Myers.
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Despite sour economy, retail developers press onRestricted Content

December 1, 2008
Greg AndrewsMore

Duke Realty star starts new companyRestricted Content

December 1, 2008
Aasif Bade started Ambrose Property Group with three employees this month.
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Y&L ad firm making 'significant' staff cutsRestricted Content

December 1, 2008
Young & Laramore is making what it says are "significant" staff cuts in the wake of losing the Steak n Shake account.
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Exit of anchor complicates Lafayette Square overhaulRestricted Content

December 1, 2008
Chip Cutter
The demise of apparel retailer Steve and Barry's University Sportswear deals another blow to efforts to turn around the ailing Lafayette Square Mall.
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Meridian founder steps asideRestricted Content

November 24, 2008
Veteran office broker John Robinson, one of the founders of locally based Meridian Real Estate, has left the firm and is working on a new venture.
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Fishers tables $100M developmentRestricted Content

November 24, 2008
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
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Automotive Finance Corp. writes off $162 million, reflecting slow auto salesRestricted Content

November 24, 2008
Chris O'Malley
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles at auction, to take a big write-off on the declining value of its loan portfolio.
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Self-serve chili could help Charlie & Barney's grow nationallyRestricted Content

November 24, 2008
Sam Stall
Charlie & Barney's is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience stores.
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