newsletter.story

Rates

September 30, 2014
The average rate for 30-year mortgages fell from 4.33 percent to 4.30 percent in the week ended Sept. 25, according to Bankrate.com. The rate for 15-year mortgages was unchanged at 3.46 percent.
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Construction

September 30, 2014
-Capitol Construction has completed a 2,500-square-foot fitness center for Zeller Realty Corp. at Meridian Plaza Building III, 10333 N. Meridian St, Carmel.

-Capitol Construction has completed a 3,000-square-foot conference center for Zeller Realty Corp. at Meridian Plaza Building III, 10333 N. Meridian St., Carmel.

-Capitol Construction has completed a 4,500-square-foot office build-out for Parr Richey at Capital Center, 201 N. Illinois St.
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Sales/acquisitions

September 30, 2014
-FORUM Credit Union bought 1.32 acres in Brookville Crossing, 7855 Brookville Road. The buyer was represented by Stephen Daum of Cushman & Wakefield/Summit. The seller, Brookville Crossing LLC, was represented by Shawn Deitch of Kaiser Land Co.

-Speedway LLC bought .99 acres in Brookville Crossing, 7850 Brookville Road. The seller, Brookville Crossing LLC, was represented by Shawn Deitch of Kaiser Land Co. The buyer represented itself.

-Raymond C. Bauman bought a 13,200-square-foot retail center at 4202 S. Meridian St. The buyer was represented by Craig Heindel of Artisan Realtors. The seller, First Financial Collateral Inc., was represented by Joseph DiSalvo and Matt Deahl of Marcus & Millichap.

-IDI Rental Properties LLC bought a 3,063-square-foot office property at 8970 Fitness Lane, Fishers. The buyer was represented by Paul Dick of Colliers International. The seller, HREC LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
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Leases/leasing contracts

September 30, 2014
-Aldi grocery store leased 18,825 square feet at Greyhound Plaza, 146 N. Meridian St, Carmel. The tenant was represented by Jim Abel of Lee & Associates. The landlord, The Broadbent Co., was represented by John Beuoy of Broadbent.

-Delivra Inc. leased 9,016 square feet of office space at 8415 Allison Pointe Blvd. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, E-L Allison Pointe IV LLP, was represented by Adam Broderick of JLL.

-Gary L. Bacon DDS PC leased 5,964 square feet of office space at 9650-9670 E. Washington St. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, HTA-Medical Portfolio 3 LLC, was represented by Julia Schnepper of Healthcare Management of America Inc.

-Planned Investment Co. Inc. renewed its lease for 3,200 square feet at Precedent Office Park, 9265 Counselors Row. The tenant was represented by Andrew Follman of NAI Meridian. The landlord, Precedent Co-Investor LLC, was represented by Tammy Recker and John Robinson of JLL.

-Gimbal Financial leased 2,228 square feet of office space at 10100 Lantern Road, Fishers. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Genesis Development Group LLC, was represented by Paul Dick of Colliers International.

-Master Installers Inc. 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 Teresa Harwood of Lee & Associates.

-Classic Kitchen & Granite renewed its lease for 1,170 square feet at 705 S. Rangeline Road, Carmel. The landlord, Mohawk Investments LLC, was represented by Ryan Smith of Lauth. The tenant represented itself.

-OSpa leased 940 square feet of retail space at 715 S. Rangeline Road, Carmel.  The landlord, Mohawk Investments LLC, was represented by Ryan Smith of Lauth. The tenant represented itself.
 
-Allstate Insurance renewed its lease for 814 square feet at 725 S. Rangeline Road, Carmel. The landlord, Mohawk Investments LLC, was represented by Ryan Smith of Lauth. The tenant represented itself.
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People

September 29, 2014

Kevin O’Toole has been named CEO of Managed Health Services, an Indiana-based unit of St. Louis-based Centene Corp. Managed Health Services administers health benefits for Hoosiers enrolled in Medicaid and the Healthy Indiana Plan, and also sells individual health insurance on the Obamacare exchange. O’Toole replaces Patrick Rooney, who has been promoted to senior vice president of health plans at Centene, overseeing five states, including Indiana. O’Toole joined Centene in 2012 as vice president of health plan operations in St. Louis. He previously worked as vice president of operations of Medco Health Solutions Inc. in Tennessee. O’Toole has a bachelor’s degree in microbiology, a master’s of health administration, and an MBA, all from the University of Missouri-Columbia.

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Company news

September 29, 2014

Major Health Partners will construct an $89 million hospital on the north edge of Shelbyville, after nearly a decade of shifting services to that location. According to the Shelbyville News, Major’s board voted Sept. 22 to build a 300,000-square-foot facility in the Intelliplex technology park along Interstate 74 and move from downtown Shelbyville. Construction on the project could begin as early as next month and take about two years to complete. Major first revealed detailed plans for the hospital six weeks ago, but the project could not go forward until the board’s 6-0 vote. The hospital will include 56 beds, all in private rooms, and 38 outpatient observation beds. Major’s current hospital has 72 beds in mostly semi-private rooms. When completed, the new complex will also have four operating rooms and house 57 physicians and a staff of about 930.

Researchers at Purdue University and the Indiana University School of Medicine have received a $3.7 million grant to study how blueberries reduce bone loss in postmenopausal women. The five-year grant from the National Institutes of Health's National Center for Complementary and Alternative Medicine will pay for researchers to conduct human trials aimed at finding the most effective varieties and dosage levels of blueberriers for reducing bone loss. “This is one of the most compelling avenues to pursue in natural products research because blueberries would be a new alternative to osteoporosis drugs and their side effects,” said Connie Weaver, the head of Purdue’s department of nutrition science and one of the grant recipients.

Bernard Health, a health benefits brokerage firm based in Tennessee, opened its second retail store in Indianapolis last week. The 1,270-square-foot store is downtown on Pennsylvania Street, just north of Washington Street. Bernard, which now employs seven here in Indianapolis, opened its first local retail store in the Nora neighborhood in 2012 and now has 12 stores nationwide. For a fee, Bernard helps individuals and small businesses evaluate and purchase health benefits. It is one of several new models being tried out by benefits brokers in Indiana to adapt to new rules and opportunities under Obamacare.

The Indiana University School of Medicine received gifts totaling $1 million on the 40th anniversary of Dr. Larry Einhorn’s discovery of a drug combination therapy that nearly cured testicular cancer. In September 1974, Einhorn, a professor at the IU medical school, first tested the cancer drug cisplatin with two other cancer drugs—a combination that boosted survival rates from the cancer from about 20 percent to 95 percent. According to the medical school, 300,000 patients have survived testicular cancer after receiving the drug therapy Einhorn discovered. The most famous is Lance Armstrong, the cycling champion stripped of his victories after admitting to doping. The gifts will help launch a gene sequencing program among survivors so future patients can be given treatments that reduce side effects and complications. Half the donated money came from A. Farhad Moshiri of Monaco, who previously donated $2 million to IU. Another $300,000 will come from the children of local real estate magnate Sidney Eskenazi and his wife, Lois.

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Sales/acquisitions

September 23, 2014
-McCordsville Investment LLC bought 25 acres known as Parcel G at County Roads 600 and 900 in McCordsville. The buyer was represented by Gurinder Singh of Adhoyee Real Estate. The seller, Fifth Third Bank, was represented by Sharon Thompson of KW Commercial Indiana.

-AJ Partnership Inc. bought a three-acre corner lot at 6725 S Franklin Road. The buyer was represented by Craig Ramsey of Sitehawk Retail Real Estate. The sellers, The Winzenreads, were represented by Sharon Thompson of KW Commercial Indiana.

-Sewall Enterprises LLC bought a 14,850-square-foot industrial property at 5740 Elmwood Court. The buyer was represented by Ed Christman of Real Estate Solutions. The seller, WF Industrial Properties III LLC, was represented by Grant Lindley of Cassidy Turley.

-David GTO LLC bought a 103,586-square-foot industrial property at 6450 Gateway Drive. The buyer was represented by Fabricio Perez of Perez Realty Group LLC. The seller, F. S. Maas & Co., was represented by Michael Weishaar and Scott O’Neil of Cassidy Turley.

-Dongho Lee bought a 2,120-square-foot building at 6177 N. College Ave. The buyer was represented by Todd Camesasca of Kosene & Kosene. The seller, Ansaga LLC, was represented by Jason Challand of Echelon Realty Advisors.

-Fuzion Real Estate Holdings bought vacant land at 6548 Cornell Ave. where it intends to build a 4,000-square-foot office building. The buyer was represented by Jason Challand of Echelon Realty Advisors. The seller, PEI Cornell LLC, was represented by Laurel Moses of F.C. Tucker Co.

-A private equity group led by Indianapolis-based James Management and Dallas-based Newport Capital bought the 604-unit Port O' Call and Golden West apartments near North Mickley Avenue and West Market Street. The seller, Borns Management, was represented by Tikijian Associates. The buyer represented itself.
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Leases/leasing contracts

September 23, 2014
-Becker Electric Supply leased 17,600 square feet of industrial space at 1304 Sadlier Circle, West Drive.The tenant was represented by Michael Weishaar and Scott O'Neil of Cassidy Turley. The landlord, 1304 PFH LLC, was represented by Criss Horton of One Source Commercial Realty.

-KJWW PC leased 9,762 square feet at 8900 Keystone Crossing. The tenant was represented by Graham Summers and James Clark of JLL. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL.

-Q-Bo renewed its least for 7,500 square feet at Augusta Plaza, 2820 Westland Road,.  The landlord, Augusta Plaza Associates LP, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-The Basement: Design + Motion leased 7,256 square feet of office space at 39 Jackson Place, South Drive. The tenant was represented by Bennett Williams, Andrew Martin and Megan Drudy of Cassidy Turley. The landlord, CHA Consulting Inc., was represented by Kevin Gillihan and James Clark of JLL.

-USAwning Network LLC renewed its lease for 7,200 square feet of industrial space at 3875 Culligan Ave. The landlord, Brookside Industrial Park LLC, was represented by Fritz Kauffman of Cassidy Turley. The tenant represented itself.

-Atlantis Realty Group Inc. leased 4,275 square feet at 8645 E. 96th St. The landlord, Young Realty Crosspoint Six, was represented by Lori Pfeiffer and Larry Davis of Sitehawk Retail Real Estate. The tenant represented itself.

-Gigi's Playhouse leased 3,300 square feet of space for the first Down Syndrome Achievement Center in Indiana at 5909 E. 86th St. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Stough Associates, was represented by Joe Tarpey of Colliers International.

-Euro Style Salon & Spa leased 1,485 square feet at Yates Center, 1980 E Stop 13 Road. The landlord, Yates Real Estate LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.  The tenant represented itself.
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Rates

September 23, 2014
The average rate for 30-year mortgages rose from 4.27 percent to 4.33 percent in the week ended Sept. 18, according to Bankrate.com. The rate for 15-year mortgages rose from 3.42 percent to 3.46 percent.
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People

September 23, 2014
Carmel-based Mainstreet has added the following Michael Klingl as a development director, Lindsey Phipps as a development coordinator, Erin Marlow as an administrative assistant, Jason Rodgers as a construction project manager, and Sara Shew as concierge.
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Construction

September 23, 2014
Holladay Construction Group LLC has completed a 22,500-square-foot inpatient psychiatric hospital for Haven Behavioral Services of Indianapolis LLC at 6720 Parkdale Place.
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Company news

September 22, 2014

A Purdue University startup is developing drugs that could reduce a neurotoxin believed to play a part in multiple sclerosis, neuropathic pain and Parkinson’s disease. Neuro Vigor LLC formed last year, based on the research of Riyi Shi, a Purdue professor of neuroscience and biomedical engineering. The company is now trying to raise money to help it prepare for and conduct human trials of one of its drugs. Its drugs are designed to reduce the level of acrolein in patients’ brains. "Our preclinical research has shown by lowering acrolein we could much reduce the symptoms and pain of neurological diseases and injuries,” Shi said in a statement. He co-founded Neuro Vigor along with Mark Van Fleet, a senior executive with the U.S. Chamber of Commerce, and David Giddings, the former president of Boehringer Mannheim Corp.

The U.S. Department of Agriculture approved Dow AgroSciences LLC’s Enlist corn and soybean traits in the United States. Indianapolis-based Dow Agro now awaits action by the Environmental Protection Agency to register the companion herbicide to the Enlist traits, which is a new version of the 2,4-D weed killer that's been around since the 1940s. The EPA has said it will rule this fall on Indianapolis-based Dow AgroSciences' application to market the chemical. After the EPA acts, Dow Agro said, it will update its plans to bring Enlist to market in 2015. The agriculture industry has been anxiously awaiting the approvals, as many weeds have become resistant to glyphosate, a herbicide commonly used on corn and soybeans now. Dow Agro, which is a subsidiary of Michigan-based Dow Chemical Co., also formed a strategic research and development alliance last week with Greenfield-based Elanco Animal Health. The two companies will work to develop products that enable livestock producers to increase meat and milk production. Elanco, a subsidiary of Indianapolis-based Eli Lilly and Co., was a co-founder of Dow Agro in 1989 but sold its stake to Dow Chemical in 1997.

Eli Lilly and Co. agreed to pay AstraZeneca plc as much as $500 million to jointly develop an experimental oral drug for Alzheimer’s, according to Bloomberg News. The two companies will work together to develop AZD3293, which belongs to a class of drugs called BACE inhibitors that block production of amyloid, a protein that causes plaque to build up in the brain of Alzheimer’s patients. The two companies will work to begin studies in patients with early Alzheimer’s disease. Lilly will lead clinical development while AstraZeneca will be responsible for manufacturing. London-based AstraZeneca will receive the first milestone payment of $50 million in the first half of 2015 and the companies will share equally all future costs and potential global revenue. Indianapolis-based Lilly had been developing its own BACE inhibitor, but it failed in clinical testing because of safety issues. The only drugs approved for Alzheimer’s merely ease symptoms for a few months while the debilitating brain disease progresses. Still, they generate more than $5 billion annually.

The U.S. Food and Drug Administration approved a new injectable diabetes drug from Eli Lilly and Co. for adults with Type 2 diabetes, according to Bloomberg News. The drug, Trulicity, is part of a new class of medicines called GLP-1 agonists, which spur the pancreas to create extra insulin after meals. Indianapolis-based Lilly is counting on new drugs like Trulicity to replace falling revenue from blockbusters like the antidepressant Cymbalta, which is facing cheaper generic competition after the expiration of its patent. Analysts predict the drug could eventually bring in $700 million to as much as $1.3 billion annually in revenue. The drug will bear a boxed warning — the most serious type — highlighting that rats tested with Trulicity had cases of thyroid cancer, though it's unclear whether they were caused by the drug. Lilly will be required to conduct follow-up studies on cases of thyroid cancer, heart problems and other potential safety issues with the drug.



 

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People

September 22, 2014

Dr. Nicole King, an OBGYN, has joined Hendricks Regional Health at its New Life Associates practices in Brownsburg and Danville. She received her medical degree from the University of South Florida College of Medicine.

St. Vincent Medical Group officials have added four physicians in Indianapolis specializing in critical care, pulmonary and sleep medicine. Dr. Edward Mintz, a pulmonologist, received his medical degree from Technion Institute of Technology, Haifa, Israel. Dr. Moayyed Moallem, a pulmonologist and sleep medicine specialist, received his medical degree from the University Of Damascus School Of Medicine in Syria. Dr. Michael Shapiro, a pulmonologist, received his medical degree from the University of South Florida. Dr. Brent Toney, a pulmonologist, completed his degree in osteopathic medicine from Nova Southeastern University in Fort Lauderdale, Florida.

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Sales/acquisitions

September 16, 2014
-Taco Bell of America bought Lot 3 in Plainfield Park, 5030 Cambridge Way, Plainfield. The buyer was represented by John Byrne of Radar Commercial Real Estate. The seller, 267 Partners LLC, was represented by Jeff Hubley of Midland Atlantic Properties.

-Zevacor Molecular bought a 71,000-square-foot building at 14395 Bergen Blvd., Noblesville. The buyer was represented by Drew Augustin, Bryan Augustin and Brooke Sipe of Alliance Commercial Group. The seller, Westcore Delta LLC, was represented by Michael Weishaar and Luke Wessel of Cassidy Turley.

-Pharmakon Pharmaceuticals Inc. bought seven acres at Saxony Corp. Campus (Parcel Y), Noblesville. The buyer was represented by Brian Askins and Matt Waggoner of Cushman & Wakefield/Summit. The seller, Interstate Holdings LLC, was represented by Sean McKinnies of Republic Development.

-Oracle One LLC bought an 11,700-square-foot building at 5450 Rock Hampton Court. The seller, Tolson & Associates LLC, was represented by Steve Schaub of Cushman & Wakefield /Summit. The buyer represented itself.
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Leases/leasing contracts

September 16, 2014
-ACS Human Services LLC leased 40,204 square feet of office space at 4450 Victory Lane. The tenant was represented by Yumi Goodman of Colliers International. The landlord, Midway Corp., was represented by Russ Van Til and Jeff Henry of Cassidy Turley.

-Southern Wine & Spirits of America Inc. leased 25,201 square feet at 8888 Keystone Crossing.  The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL.      
 
-The Indiana Annual Conference of the United Methodist Church Inc. leased 12,117 square feet at Meridian Corporate Plaza Two, 301 Pennsylvania Parkway, Carmel. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL.      

-Crown Castle USA Inc. leased 9,363 square feet of office space at 9045 River Road. The tenant was represented by Kimberly Estes Hartman and Tom Osborne of Colliers International. The landlord, Duke Realty Limited Partnership, was represented by Adam Seger of Duke Realty.

-Sitehawk Retail Real Estate leased 6,173 square feet of office space at 8500 Keystone Crossing. The landlord, PWA Keystone Crossing LP, was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The tenant represented itself.

-Comprehensive Retirement Solutions LLC leased 4,865 square feet of office space at One Penn Mark, 11595 N. Meridian St., Carmel. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, TNHYIF Reiv Sierra LLC, was represented by Rick Trimpe and John Vandenbark of CBRE.
 
-rue21 renewed its lease for 4,685 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.

-Covideo leased 3,838 square feet on the third floor of 6235 N. Guilford Ave. The tenant was represented by Kelly Williams of Re/Max Ability Plus. The landlord, Monon Housing Partners, was represented by Jason S. Challand of Echelon Realty Advisors.

-Advanced Solutions Inc. leased 3,798 square feet at 8900 Keystone Crossing. The tenant was represented by Spud Dick of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL.        

-St. Louis Group LLC leased 3,730 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL. The tenant represented itself.
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Rates

September 16, 2014
The average rate for 30-year mortgages rose from 4.24 percent to 4.27 percent in the week ended Sept. 11, according to Bankrate.com. The rate for 15-year mortgages rose from 3.37 percent to 3.42 percent.
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People

September 16, 2014
Ross Goyer has joined Cornerstone Companies Inc. as vice president of development and property management.
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Construction

September 16, 2014
-Capitol Construction has completed a 2,500-square-foot office build-out for Fully Armored at 755 W. Carmel Drive, Suite 150, Carmel.

-Capitol Construction has completed a 1,500-square-foot office build-out for Grand Financial at 1155 N. Meridian St., Carmel.

-Capitol Construction has completed a 4,000-square-foot office build-out for KE Labs at 3500 Depauw Blvd., Suite 1080.

-Kort Builders has completed a 7,800-square-foot build-out for Case Remodeling at 99 E. Carmel Drive, Carmel.

-Kort Builders has completed a 2,200-square-foot build-out for H2H Salon at Hamilton Town Center, 13185 Harrell Parkway, Suite 200, Noblesville.
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People

September 15, 2014

Dr. Ingrid Mason, an internist, has been named vice chairwoman of the Office of the Chief Medical Officer, which oversees medical practice and quality at 22 hospitals around the state. She was previously president of the medical staff at St. Vincent Indianapolis Hospital. Mason earned a bachelor’s degree at Valparaiso University and received her medical degree from the Indiana University School of Medicine.

Dr. Lauren Ladd, a radiologist, has joined Eskenazi Health. She holds a bachelor’s in chemistry from Butler University and a medical degree from the IU School of Medicine.

Dr. Youssef Tahiri, a plastic surgeon, has joined Eskenazi Health. He earned his medical degree from McGill University in Quebec, Canada.

Dr. Peter Pang, an emergency physician, has joined Eskenazi Health. He received his bachelor’s from Brown University and his medical degree from the University of Texas-San Antonio.

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Company news

September 15, 2014

The Community Health Network hospital system will purchase the Hilton Indianapolis North hotel along Interstate 69 and redevelop it as a facility for physicians and patients. The 221-room hotel sits on a nine-acre piece of land, adjacent to Community North Hospital, which is owned by the hospital’s foundation. The foundation has first-right-of-refusal to purchase the hotel from the current Hilton franchisee. The foundation announced Sept. 11 it would exercise that right, purchasing the hotel for an undisclosed amount. The hotel will continue to operate until the end of the year. “Community’s north region continues to expand its reach and needs the physical space to meet the growing demands of the marketplace,” said Joyce Irwin, president of the Community Health Network Foundation, in a written statement. “Opening up this prime area of real estate for health care services benefits the residents who live in the northern areas of central Indiana.” Community Hospital North opened in 1985 with 100 inpatient beds, emergency department and outpatient services. It has since expanded to include a 42-bed neonatal intensive care unit, a maternity unit with 60 private patient suites, a heart and vascular hospital, a rehabilitation hospital, and an oncology center.

Three years after its founding, Lafayette-based SpeechVive Inc. has launched its first product, a device intended to help people with a soft voice due to Parkinson's disease speak more loudly and communicate more effectively. Based on technology developed at Purdue University, the device is now available to try as a demo through the National Parkinson's Disease Foundation’s Centers of Excellence before purchasing. The technology was developed over the past decade by Jessica Huber, a professor in Purdue's Department of Speech, Language and Hearing Sciences. Huber co-founded SpeechVive in 2011 to bring the technology to market. According to SpeechVive, more than 1.5 million people in the United States are diagnosed with Parkinson's disease, and about 89 percent of those with the disease have voice-related change affecting how loudly they speak.

The Indiana State Department of Health and the University of Indianapolis Center for Aging & Community are offering $30,000 grants to as many as seven groups to use to improve the quality of nursing home care. The grants will be made to regional groups formed by health care facilities, provider associations, consumer advocacy groups and community organizations. The collaborative partners will work together to assess needs, design quality improvement plans and provide education and resources to nursing homes in their areas.

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Sales/acquisitions

September 9, 2014
-Popeyes Louisiana Kitchen bought a 0.85-acre outlot at 4920 W. 38th St. The buyer was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The seller, GE Capital, was represented by Allison Hawley of Niessink Commercial Real Estate

-AFC Enterprises dba Popeyes Louisiana Kitchen bought the former Big Red Towing at 3821 N. Keystone Ave. The buyer was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The seller, Joe Long, represented himself.

-MSM Real Estate Holdings LLC dba Methodist Sports Medicine bought the 38,000-square-foot 1401 Office Park at 1401, 1405 and 1411 W. County Line Road, Greenwood. The buyer was represented by Itamar Cohen of Prudential Commercial Group. The seller, First Financial Bank, was represented by Steve Beals and Richard King III of Lee & Associates.

-Hockett Real Estate LP bought 32 acres at 6551 and 6591 S. Indianapolis Road, Whitestown. The seller, C and W Inc., was represented by Tom Osborne and Ross Reller of Colliers International. The buyer represented itself.

-San Antonio-based USAA Real Estate Co. bought Lake Pointe Center III and Lake Pointe Center IV office buildings at 8470 and 8520 Allison Pointe Blvd. The seller of the 170,000-square-foot complex, Sun Life Assurance Co. of Canada, was represented by Rebecca Wells, Jim Postweiler and John Robinson of JLL. The buyer represented itself.
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Leases/leasing contracts

September 9, 2014
-JLL has been hired by USAA Real Estate Co. as leasing manager for Lake Pointe Center III and Lake Pointe Center IV at 8470 and 8520 Allison Pointe Blvd. JLL's Kevin Gillihan and Eric Pryor will handle leasing at the 170,000-square-foot office complex.   

-Emporium LLC leased 40,980 square feet at River Ridge Plaza, 2100 Scatterfield Road, Anderson. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Sandor, was represented by Jeff Roberts of Sandor.

-CDI renewed its lease for 12,106 square feet at 11900 N. Meridian St. The tenant was represented by Tim Norton of Cushman & Wakefield/Summit. The landlord, Cornerstone Companies Inc., represented itself.

-Circle City Martial Arts & Fitness leased 6,591 square feet at 6107 Airport Blvd., Building 106, Mount Comfort. The tenant was represented by Joe Lonnemann of NAI Meridian Real Estate LLC. The landlord, The Peterson Property Group LLC, was represented by Matt Langfeldt, Rich Forslund and Jason Speckman of Cushman & Wakefield/Summit.

-AFC Enterprises d/b/a Popeyes Louisiana Kitchen leased a 5,480-square-foot building at 6161 E. 82nd St. The tenant was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The landlord, Huffer Holdings LLC  and SunTrust Bank, was represented by Jeff Hubley and Patrick Boyle of Midland Atlantic Properties.

-McGilvery’s Tap House leased 4,260 square feet at Greenbrook Shoppes, 8249 U.S. 31 South. The tenant was represented by John Schick of Schick Properties. The landlord, Williams Realty Nine LLC, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate.

-American Mattress leased 3,313 square feet at Fishers Marketplace, 131st Street and State Road 37, Fishers. The tenant was represented by David Lucas of Julius M. Feinblum Real Estate Inc. The landlord, Thompson Thrift Development, was represented by Ryan Menard of Thompson Thrift.

-TKO Taekwondo leased 2,560 square feet at Greenbriar Shopping Center, 1315 W. 86th St. The landlord, Prime Property Investors Fund VIII, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-The Urban Chalkboard leased 2,529 square feet at The Carmel Marketplace, 452 E. Carmel Drive, Carmel. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Buckingham Fountains LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.

-9 Dragons Distribution leased 2,400 square feet at Centre East Shopping Center, 10537 E. Washington St. The landlord, Centre East LLC, was represented by Dean Almas of Sitehawk Retail Real Estate. The tenant represented itself.

-State Farm leased 1,600 square feet at 6335 Intech Commons Drive. The landlord, Inland American Management LLC, was represented by Jeff Hubley of Midland Atlantic Properties. The tenant represented itself.

-Menchies Frozen Yogurt leased 1,600 square feet at 2683 E. Main St., Suite 108, Plainfield. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Plainfield Commons II LLC, was represented by Liz Yoho of Providence Development LLC.

-Total Home Design Center leased 1,600 square feet at Meridian Meadows, 3003 Meridian Meadows Road, Greenwood. The landlord, TCP Meridian Meadows LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Dottie Couture leased 1,340 square feet at The Depot at Nickelplate, 8594 E. 116th St., Fishers. The tenant was represented by Allison Hawley of Niessink Commercial Real Estate. The landlord, Fishers Owners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
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Rates

September 9, 2014
The average rate for 30-year mortgages rose from 4.23 percent to 4.24 percent in the week ended Sept. 4, according to Bankrate.com. The rate for 15-year mortgages fell from 3.38 percent to 3.37 percent.
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Construction

September 9, 2014
-Reynolds Construction Group Inc. is scheduled to start a 7,200-square-foot interior renovation for Cornerstone Environmental Health and Safety at 880 Lennox Court, Zionsville.

-Mattingly Construction has completed construction of a 1,809-square-foot build-out for PROFYLE Boutique at Ironworks, 2727 E. 86th St., No. 125.

-Mattingly Construction has started construction of a 3,921-square-foot building for Martin Dentistry at 1724 Broad Ripple Ave.

-Mattingly Construction has completed a 1,200-square-foot build-out for Heritage Christian High School commons area at 6401 E. 75th St.
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People

September 5, 2014

Brian Schroeder has been named administrative director of Eskenazi Health Wellness, Eskenazi Health Occupational Health and Eskenazi Health Volunteer Services. He previously worked as a clinical practice administrator for the obstetrics and gynecology department of the Indiana University School of Medicine. He holds a bachelor’s degree in public health and a master’s degree in health administration, both from Indiana University.

Dr. Beth Nagle, a family physician, has joined Franciscan Physician Network’s Beech Grove Family Medicine practice. She earned her medical degree at the University of Tennessee Health Science Center College of Medicine in Memphis and received her undergraduate degree in biology from Taylor University.

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  1. Here are a few candidates for this new group, "ripped from the headlines." First up, that bizzaro State Senator Brent Waltz; secondly, the unethical Todd Huston, and his contractual arrangements scheme; Finally, but not least of all, the dishonorable Eric Turner. What sayeth you Greg Zoeller?

  2. Good day. I can't hide this great testimony that take place in my life I will love everyone to know it and be partaker that is why I always place it on answer, I am Mrs,Natalie Cuttaia by name, I live in Texas, United State Of America, I want to thank (Mr.Bruce Brandon) for his kindness upon my family life. I never knew that there is still nice lender like this on internet and earth here. Just some Months Back, I was in search for a loan of $100,000,00 as I was running out of money for feeding and rent. I was scammed $6,800 Dollars and I decided not to involve my self in such business again but a Friend of my introduced me to a loan firm due to my appearance and doings. And I told him that I am not interested of any loan deal anymore but he told me that there is still a nice lender who he will recommend me to, and I made a trial and I am most grateful lucky am I today, I was given a loan amount of $100,000.00usd, by this great Company (Bruce Brandon Loan Company) managed by (Mr.Bruce Brandon) If you are in need of a genuine or legit loan or financial assistance and you can be reliable and trusted of capable of paying back at the due time of the funds I will advice you to, contact him via: ( bruce.brandon071@gmail.com ) And you will be free from scams in the internet. All thanks to Mr.Bruce Brandon You are the one who remove me and my family out of poverty. The reason why i am doing this is that, i promise Mr.Bruce Brandon that if i truly got my loan, i will advertize his company and bring customers to his company. Contact him via ( bruce.brandon071@gmail.com )for the Loan you have been looking for..

  3. Hello, We are firm Organization formed to help people in needs of helps,such as financial help. So if you are going through financial difficulty or you are in any financial mess,and you need funds to start up your own business,or you need loan to settle your debt or pay off your bills,start a nice business, or you are finding it hard to obtain capital loan from local banks,contact us today via email mrsroseberrywilkinsfunds.usa@gmail.com So do not let these opportunity pass you by because Jesus is the same yesterday, today and forever more. Please these is for serious minded and God fearing People. Your Name: Loan Amount: Loan Duration: Valid Cell Phone Number: Thanks for your understanding to your contact as we Await Regards Management Email:mrsroseberrywilkinsfunds.usa@gmail.com

  4. The question is, where could they build a new stadium? It seems in the past year, all the prime spots have been spoken for with potential projects. Maybe in the industrial wasteland area a block past Lucas Oil? I think it needs to be close to the core, if a new stadium is built.

  5. Aldi is generally a great shopping experience. Still, I'm sure YOU wouldn't want to shop there, which I consider a positive.

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