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Leases/leasing contracts

December 17, 2013
-StreetLinks LLC leased 25,171 square feet at 451 E. Market St. The tenant was represented by Yumi Goodman and Sam Smith of Colliers International and Jeff Mulder of Holly Duran Real Estate Partners. The landlord, MS Operations Center Partners LLC, was represented by Mark Vollbrecht of Zeller Realty Group.

-Accelerated Inc. leased 16,824 square feet of industrial space in AmeriPlex at 5777 Decatur Blvd. The tenant was represented by Stan Elser of Lee & Associates. The landlord, McCarran Logistics Partners LP, was represented by Matt Dickerson of Jones Lang LaSalle.

-L.D. Lee Construction LLC leased 6,300 square feet of industrial space at 2205 National Ave. The tenant and landlord, Donald Kosten, were represented by Mike Medlock of Lee & Associates.

-CID Capital II Inc. leased 4,000 square feet of office space at 201 W. 103rd St., Carmel. The tenant was represented by Michael R. Semler of Cassidy Turley. The landlord, Virtu Meridian Associates LLC, was represented by Adam Broderick of Jones Lang LaSalle.

-Lewis & Wilkins LLP leased 3,867 square feet at 410 S. College Ave., Suite 100. The tenant was represented by Bryan Augustin of Alliance Commercial Group.  The landlord, Von Deylen Family LLC, was represented by Sandra Jarvis of Indy Squared Commercial Properties.  

-AM Facility Services Inc. leased 3,632 square feet at 6886 Hillsdale Court. The tenant, AM Facility Services Inc., was represented by Cam Kucic of Summit Realty Group. The landlord, Hillsdale Property Owner LLC, was represented by Brian Buschuk of Jones Lange LaSalle.

-Children’s Bureau Inc. leased 3,546 square feet at 1503 N. Mitthoeffer Road, Suite 100. The tenant was represented by Brooke Sipe of Alliance Commercial Group. The landlord, Mitthoeffer Associates, was represented by Brad King of RE/MAX Commercial.

-ST Logic leased 3,040 square feet at 9449 Priority Point Way, West Drive, Suite 110. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, PP Indianapolis IV Project Corp., was represented by Tim Hull and Rick Trimpe of CRBE.

-Associated Reporting leased 2,435 square feet of office space at 251 E. Ohio St. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, Hertz Investment Group LLC, was represented by Crystal Houston of CBRE.

-Cajun & Creole leased 2,366 square feet at North Willow Mall, 2274 W. 86th St.  The tenant was represented by Hamada Ibrahim of RP Lux Co. The landlord, Township 86 Development Co., was represented by Keith Fried of Sitehawk Retail Real Estate.

-T-Mobile leased 2,298 square feet at Speedway Plaza, 6137 Crawfordsville Road. The landlord, Plaza at Speedway LLC, was represented by Scott Gray and Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.

-Michele’s Boutique renewed its lease for 2,000 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.

-Cochran Agencies LLC leased 1,903 square feet of office space at 1980 E. 116th St., Carmel. The landlord, Clarkland Properties, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
 
-Tubes Inc. leased 1,018 square feet of office space at 6535 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

-Peace & Harmony Hair Salon leased 810 square feet at Meridian Meadows, 3029 Meridian Meadows, Greenwood. The Landlord, TCP Greenwood LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
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Residential

December 17, 2013
The average rate for 30-year mortgages was unchanged at 4.55 percent in the week ended Dec. 11, according to Bankrate.com. The rate for 15-year mortgages fell from 3.62 percent to 3.6 percent.
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People

December 17, 2013
Jim Karozos has joined the industrial group of Colliers International's Indiana region as vice president of industrial services.
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Construction

December 17, 2013
-Larry Dunkerly, Masterpiece Homes, has started construction of a 3,500-square-foot periodontic facility for Dr. Daniel Gomes at 8235 Country Village Drive.

-Capitol Construction has completed an 8,500-square-foot retail building at 1250 E. 86th St.

-Capitol Construction has completed an 1,800-square-foot retail build-out for Starbucks at 1250 E. 86th St.

-Capitol Construction has completed a 3,600-square foot-office build-out for Woodley Farra Manion Portolio Management at 8555 River Road.
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Company news

December 16, 2013

Tom Fischer, chief financial and chief operating officer of Community Health Network, departed suddenly this month. Sources with knowledge of the situation described Fischer’s exit as a firing. But a Community spokeswoman said Fischer resigned in a private meeting with Community CEO Bryan Mills. Fischer, 60, who joined Community as CFO in 2005, declined to comment. Mills and Fischer have been close friends for decades, dating to the time they both worked for the Ernst & Young accounting firm. Now Holly Millard, Community’s chief accounting officer, is serving as interim CFO while Community searches for a replacement. Community is trying to cut expenses 15 percent to 20 percent, including via staff reductions. Community laid off more than 150 employees during the first nine months of this year, many of them part of what it described as a systemwide realignment. Community spokeswoman Lynda de Widt described the staff reductions as part of the normal course of business in an organization that has 13,000 employees. Community reported in late November that it had spent $5 million this year on severance costs.

Because Indianapolis-area hospitals have let go a wave of workers this year, the University of Indianapolis will host a seminar to help nurses and health care professionals search for new jobs. The seminar, “Reinventing Yourself: A Personal Transformation for Healthcare Workers” is scheduled from 8:30 to 11:30 a.m. Jan. 11 in UIndy’s Schwitzer Student Center at 1400 E. Hanna Ave. The free event is sponsored by UIndy’s School for Adult Learning, School of Nursing and College of Health Sciences, and will tout UIndy’s health-related educational programs. Also, John Vice, a longtime human resources manager for Eli Lilly and Co., will tell attendees how to pursue new career paths.

Nearly 2,800 Hoosiers selected a private insurance plan on the Obamacare exchange in November, nearly four times as many as did so in October. The faster pace of enrollment was mirrored in the other 35 states that are also relying on the federally run Healthcare.gov web site for online enrollment. The Obama administration worked feverishly in November to correct major technical problems with the website that prevented numerous Americans from enrolling. Even so, the pace of enrollment in the federal exchange will need to be nearly 12 times faster than it was in November if enrollment via the exchange is going to meet a federal projection of more than 4.8 million enrollees by the end of March. According to a report issued Wednesday by the U.S. Department of Health and Human Services, 137,204 actually selected a private health insurance plan during October and November, with about 110,000 of them doing so in November. In 14 states and the District of Columbia, which are operating their own insurance exchanges, enrollment also surged in November, to nearly 148,000 people, compared with about 80,000 in October. Enrollment via the state-based exchanges will need to triple its pace to meet an overall federal projection of 7 million enrollees via the Obamacare exchanges.

More than 10,000 low-income Indiana residents who participate in the Healthy Indiana Plan will be able to keep their benefits through April. The Indiana Family and Social Services Administration announced Dec. 10 it is extending for an extra three months its Healthy Indiana Plan to participants who earn between 100 percent and 200 percent of the federal poverty level. The move will give members more time to obtain coverage through the federal health care exchange. FSSA Secretary Debra Minott said many HIP members have struggled to enroll in the exchange because of technical issues. The HIP extension could cost Indiana up to $11 million.

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People

December 16, 2013

Dr. Brian Aguilar, a pediatrician, has joined St. Vincent Medical Group in McCordsville. He worked at St. Vincent’s Peyton Manning Children’s Hospital as a pediatric hospitalist. Aguilar earned a bachelor’s degree from the University of Texas at Arlington and a medical degree from Texas A&M University Health Science Center in the College of Medicine.

Phil Baker has joined the Community Health Network hospital system as chief financial officer for Community Physician Network. He previously worked as a financial executive for other multi-specialty physician practices. Baker holds a bachelor’s degree from Park College, a master’s degree in information science from Indiana University, and a doctoral degree in management from Walden University. 

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Sales/acquisitions

December 10, 2013
-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.

-Culver’s bought 1.2 acres at Olio Road and State Road 238, Fishers. The buyer was represented by Allison Hawley of Cassidy Turley. The seller, Olio 238 Partners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
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Leases/leasing contracts

December 10, 2013
-General Nutrition Centers leased 342,840 square feet in AllPoints at Anson 7A, 4055 S. County Road 500 East, Whitestown. The tenant was represented by Jim Medbery of Binswanger. The landlord, a partnership of Duke Realty and Browning Investments, was represented by Mark Hosfeld and Jay Archer of Duke and Mark Susemichel and John Cohoat of Browning.

-Poly Tainer Inc. leased 66,282 square feet of industrial space at 999 Gerdt Court, Greenwood. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Greenwood Gerdt Enterprises LLC, was represented by Jon Jessup of Summit Realty Group.

-Office Furniture Warehouse Inc. leased 16,000 square feet of industrial space at 5925-6021 W. 71st St. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, GI Partners, was represented by Bryan Poynter and Russ Van Til of Cassidy Turley.

-Metal Man LLC leased 5,756 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley.  

-Clothes Mentor leased 4,800 square feet of retail space at 11670-11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Vision Works leased 3,946 square feet of retail space at 9893 N. Michigan Road, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.

-Massage Envy leased 3,283 square feet at 6280 College Ave. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, 6280 LLC, was represented by Bart Jackson and Scot Courtney of Lee & Associates.

-Americrawl Inc. leased 2,700 square feet at 5855 Kopetsky Drive. The landlord, Gateway South LLC No. 1, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

-Vitamin Shoppe leased 2,666 square feet at Stony Creek Marketplace, 17143 Mercantile Blvd., Noblesville. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, RPAI, was represented by Larry Davis, Tom English and John Baker of Sitehawk Retail Real Estate.

-H&R Block leased 2,400 square feet at Brownsburg Square Shopping Center, 967 N. Green St., Brownsburg. The landlord, Brownsburg Management Group, was represented by Jeff Hubley of Midland Atlantic Properties. The tenant represented itself.

-Walmart signed a four-month lease for 2,100 square feet at Prairie Lakes Shopping Center, 14350 Mundy Drive, Noblesville. The landlord, Prairie Lakes Development LLC, was represented by Tracey Holtzman of Midland Atlantic Properties. The tenant represented itself.
 
-Graeter’s Ice Cream leased 2,100 square feet at 5560 N. Illinois St. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, 56th Street Investments LLC, represented itself.

-Just Install LLC leased 2,069 square feet at 4444 Decatur Blvd. The landlord, CP Ventures LP, was represented by Brian Dell and Ryan Kelly of Summit Realty Group. The tenant represented itself.                                   

-Certified Lawn Care leased 1,500 square feet of industrial space at Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.

-Planetary Brewing Co. leased an additional 1,500 square feet of industrial space at Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.

-The Wright Cut, doing business as Great Clips, leased 1,260 square feet at Tasha’s Plaza, 9155 E. 56th St. The landlord, R. Danesh LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.
 
-Plopper & Partners LLP leased 1,222 square feet of office space at 301 E. Carmel Drive, Carmel. The tenant was represented by Lawrance Morrissey of Corporate Commercial Group. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International.

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Residential

December 10, 2013
The average rate for 30-year mortgages rose from 4.44 percent to 4.55 percent in the week ended Dec. 4, according to Bankrate.com. The rate for 15-year mortgages rose from 3.47 percent to 3.62 percent.
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Construction

December 10, 2013
-Capitol Construction has completed a 6,600-square-foot office build-out for Bluegreen at 3500 DePauw Blvd.

-TMG Construction Management Inc. has started build-out of a 3,189-square-foot Chipotle Mexican Grill at 6 E. Washington St.
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Company news

December 9, 2013

Indiana University Health hospitals and doctors could fall out of UnitedHealthcare’s discounted network on Jan. 1 if the two entities don’t come to an agreement by then. IU Health, the state’s largest hospital system, and UnitedHealthcare, the state’s second-largest health insurer, have been unable to come to terms on a new set of reimbursement contracts, according to both organizations. The previous contracts end Dec. 31. Such contracts between health systems and health insurers typically shave 30 percent or more off the list prices charged by hospitals and doctors. In notices sent to local benefits brokers late last month, Minnesota-based UnitedHealthcare said the two organizations are wrangling over a reimbursement hike by IU Health and over how the new contracts will make more of that reimbursement hinge on measurements of clinical quality. The contract dispute could affect the roughly 400,000 Hoosiers that have employer-based or individually purchased insurance with UnitedHealthcare. That represents about 12 percent of the Indiana commercial market.

Medical workers, military personnel, hundreds of volunteers and a platoon of ambulances transferred 149 patients from Wishard Memorial Hospital on Saturday, the final day of service for the facility that dates as far back as World War I. Those patients were moved to the new Eskenazi Hospital, just four blocks away. The new $754 million hospital replaces Wishard as the county-owned hospital in Indianapolis. Construction on the art-filled, 315-bed Eskenazi Hospital began four years ago.

Indianapolis-based Eli Lilly and Co. has joined two other companies to contribute $40 million to an early-stage life sciences venture capital initiative in New York City. New York economic development officials announced the effort to launch more life sciences companies last week. The city of New York will contribute $10 million, according to The Wall Street Journal, and will look to attract venture capital firms willing to put in another $50 million. The initiative hopes to launch 15 to 20 new life sciences companies in New York by 2020. Lilly operates a research and development center in New York focused on cancer, which it acquired in 2008 as part of its purchase of New York-based drug company ImClone Systems Inc. The two other companies contributing money are New Jersey-based biotech company Celgene Corp. and GE Ventures, the venture capital arm of Connecticut-based General Electric Co. The contributions of each company were not disclosed.

Eli Lilly and Co. will end development of the depression medicine edivoxetine as an add-on therapy after the drug failed to meet goals in three Phase 3 studies, according to Bloomberg News. The end of edivoxetine as a potential add-on therapy is another research setback for Lilly, which has had a cancer treatment, ramucirumab, fail in breast cancer patients, and an experimental compound prove unsuccessful in helping people with advanced Alzheimer’s disease. Edivoxetine had been expected to generate $560 million by 2020, said Seamus Fernandez, an analyst with Leerink Swann & Co. The decision to end the development as an add-on therapy will result in a pretax charge of $15 million, or 1 cent a share, in the fourth quarter, Lilly said. The company reaffirmed its 2013 forecasts and said it still plans to return to revenue growth in 2015.

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People

December 9, 2013

Donetta Gee-Weiler, a registered nurse, has been named vice president of women’s and children’s services for Community Health Network. She most recently served as practice administrator for Community Physician Network’s OB/GYN Care, Gynecologic Cancer Care, and Hepatobiliary Surgical Care. She holds a bachelor’s degree in nursing from IUPUI.

Gwen O’Malley has been named vice president of practice operations at Community Physician Network.  Most recently, O’Malley served as executive director of primary care for Community Physician Network. She earned a bachelor’s degree at St. Mary-of-the-Woods College and a master’s degree at IUPUI.

Chad Ashcraft has been hired as vice president of innovation at Indianapolis-based OurHealth, which operates on-site health care clinics for employers. Ashcraft previously worked in sales for Thunderhead.com, Toovio Software, Chordiant Software and IBM. He holds a bachelor’s degree in computer science from DePauw University and a master’s degree in information science from Ball State University.

Indianapolis-based Maetrics LLC, a life sciences consulting firm, appointed R.J. Lemieux as vice president of sales. He previously worked at Boston-based RM Nephew & Associates LLC and Ernst & Young. Lemieux earned a bachelor’s degree at Hobart College and an MBA at Bentley University.

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Sales/acquisitions

December 3, 2013
-Blackstone Apartment Partners bought a 12-unit apartment building at 611 N. Meridian St., Greenwood. The buyer was represented by Scott Herider of Lee & Associates. The seller, Reverie Estates, represented itself.
         
-Camden & Meridew PC bought a 7,706-square-foot office condominium at 10412 Allisonville Road, Fishers. The seller, KLC Realty LLC, was represented by Greg Smith and Paul Dick of Colliers International. The buyer represented itself.

-Faeza Alloyers USA bought 11 acres at 1200 Enterprise Drive, Shelbyville. The seller, Airpark Development LLC, was represented by Brian Dell and John Demaree of Summit Realty Group. The buyer represented itself.
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Leases/leasing contracts

December 3, 2013
-Piper Warehouse Inc. leased 196,838 square feet at 2222 Hillside Ave. The tenant was represented by Bryan Augustin and Drew Augustin of Alliance Commercial Group. The landlord, Hillside Investors LLC, was represented by Matt Kiger of Newmark Knight Frank Halakar.

-PRN Pharmaceutical Services renewed its lease for 39,795 square feet of office and light manufacturing space at 8351 Rockville Road. The tenant was represented by John Robinson of Jones Lang LaSalle. The landlord, NOVA 220 LLC, was represented by Jon Owens of Cassidy Turley.

-Caliber Funding LLC leased 10,158 square feet of office space at 10022 Lantern Road, Fishers. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, Indiana Records Management, was represented by Dave Moore, Darrin Boyd and John Crisp of Cassidy Turley.
 
-Safety Management Group leased 6,560 square feet at 8335 Keystone Crossing. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.  The tenant, Safety Management Group, was represented by Matt McGrady and Matthew Waggoner of Summit Realty Group.                

-Integrity Staffing Solution Inc. leased 5,504 square feet of industrial space at 6000 6488 Corporate Way. The tenant was represented by Kevin Dick of Colliers International. The landlord, GI Partners, was represented by Bryan Poynter and Russell Van Til of Cassidy Turley.

-Pint Room leased 5,162 square feet of retail space at Sophia Square, 110 W. Main St., Carmel. The tenant was represented by Robyn Smart of Echo Retail. The landlord, Carmel Lofts LLC, was represented by Bart Jackson and Scot Courtney of Lee & Associates.

-The Hydaker-Wheatlake Company leased 4,200 square feet and 2.75 acres at 1333 Terminal Road. The tenant and landlord, Carlotta Newman, were represented by Brian Dell of Summit Realty Group.                

-Living With Intention Inc. leased a 4,045-square-foot office building at 11979 Fishers Crossing Drive, Fishers. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Riverview Hospital, was represented by Tyson Chastain of Cornerstone Cos.

-Hoffmaster Group Inc. leased 3,134 square feet of office space at 6602 E. 75th St. The tenant was represented by Matthew Waggoner of Summit Realty Group. The landlord, Entry Point Capital LLC, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.

-First Watch leased 3,036 square feet of retail space at 2902 W. 86th St. The tenant was represented by Don Williams of Cassidy Turley. The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate.

-MedEx Inc. leased 2,750 square feet at 5644 S. Meridian St. The landlord, South Meridian Park LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.                 

-Takenaka Corp. (U.S.A.) renewed its leased for  2,670 square feet at 56 South Park Blvd., Greenwood. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

-Conveyor LLC renewed its lease for 2,400 square feet at 1729 S. US 31, Greenwood. The landlord, First Financial Collateral Inc., was represented by Brian Dell of Summit Realty Group. The tenant represented itself.                                  

-P. Brown & Co LLC leased 2,184 square feet of office space at 301 E. Carmel Drive, Carmel. The tenant was represented by Creighton Shook of Coldwell Banker Commercial Realty Services. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International.

-World Finance leased 1,750 square feet of retail space in Parkview Plaza, 1616 N. Lebanon St, Lebanon. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Larry Nash, represented himself.

-Eagle Finance Co. leased 1,705 square feet at Yates Center, 1960 E. Stop 13 Road. The landlord, Yates Real Estate LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
 
-GNC renewed its lease for 1,614 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.

-Any Lab Test Now leased 1,200 square feet of retail space at 7818 E. 96th St., Fishers. The tenant was represented by Greg Smith of Colliers International. The landlord, NNE Associates LLC, was represented by Robyn Smart of Echo Retail.

-Buckingham Cos. leased 2.4 acres of land at 410 420 S. Main St., Zionsville. The landlord, EBO LLC, was represented by Bo Leffel of Cassidy Turley. The tenant represented itself.
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People

December 3, 2013
Bruce Gordon has joined Jones Lang LaSalle as senior vice president of its newly created Midwest Healthcare Brokerage team.
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Construction

December 3, 2013
-Mattingly Construction has started construction of a 2,200-square-foot office build-out for The Bar Method Studio, 10425 Commerce Drive, Carmel.

-Mattingly Construction has started a 1,900-square-foot office expansion for Hazel Dell Veterinary Hospital, 13190 Hazel Dell Parkway, Carmel.
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Residential

December 3, 2013
The average rate for 30-year mortgages rose from 4.39 percent to 4.44 percent in the week ended Nov. 27, according to Bankrate.com. The rate for 15-year mortgages rose from 3.42 percent to 3.47 percent.
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Company news

December 2, 2013

The National Science Foundation awarded Indiana University’s Bloomington campus more than $614,000 to recruit, support and retain undergraduate students majoring in astronomy, biology, chemistry, mathematics and physics over the next five years. Nearly 85 percent of the money will be used for student scholarships. The so-called S-STEM Program—Scholarships in Science, Technology, Engineering and Math—aims to put college students on a path to pursue further education and careers in key science and math-based fields. The program also tries to connect students, faculty and local professionals from all the science- and math-based disciplines. “This program focuses on the development of a community of STEM scholars who will engage students in preparation for a successful career in these fields,” said IU’s dean of the college of arts and sciences, Larry Singell. The initial round of scholarships will fund students enrolled for the spring 2014 semester.

A federal judge in Indianapolis temporarily blocked restrictions on abortions induced by medicine scheduled to take effect Jan. 1, while a lawsuit filed by Planned Parenthood of Indiana and Kentucky Inc. proceeds. The dispute involves a law passed by the General Assembly this year, which requires abortion clinics that use only medications—not surgical procedures—to add procedure and recovery rooms, as well as surgical equipment. Only the Planned Parenthood clinic in Lafayette meets that description. But the law allows office-based physicians to continue prescribing abortion-inducing medications without adding the additional rooms and equipment. U.S. District Court Judge Jane Magnus-Stinson said Nov. 27 the state had not provided an adequate basis for making such a distinction between abortion clinics and physicians’ offices.

Indiana University Health joined a growing list of businesses and organizations proclaiming public opposition to a proposed state constitutional amendment that would reinforce Indiana’s ban on same-sex marriage. IU Health, the state’s largest hospital system and the state’s fourth-largest employer with about 26,000 workers, said it was taking the position for health-related reasons. “Research has demonstrated that unequal treatment of same-sex couples … adversely impacts their health and well-being,” IU Health said in a prepared statement. “As a leading health care provider in this state, IU Health must support efforts that reduce disparities and improve the overall health and well-being of its patients, their families and the community.” IU Health joined Eli Lilly and Co., Cummins Inc. and Emmis Communications Corp. as major employers opposing the amendment. Indiana, Ball State, Butler and DePauw universities and several other colleges also have voiced opposition. State lawmakers will begin considering the same-sex marriage ban in January. Supporters of limiting marriage to one man and one woman say a constitutional amendment is needed to keep the courts from legalizing gay marriage in Indiana. Thirty states have constitutional amendments banning legal recognition of same-sex marriage, and five others ban it by law.

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People

December 2, 2013

Dr. Vincent Keating, an electrophysiologist, has joined Community Physician Network in Indianapolis. He holds a bachelor’s degree from the University of Notre Dame and a medical degree from the Indiana University School of Medicine.

Dr. Ahmed Abusamra, a pediatric hospitalist, has joined Community Physician Network, working at Community Hospital South. He did his medical training at Al-Quds University School of Medicine in East Jerusalem, Palestine.
 
Dr. Komal Ashraf, a neurologist, has joined Community Physician Network in Indianapolis. She did her medical training at Kirksville College of Osteopathic Medicine in Missouri.

Dr. Susan Helsel, a family physician, has joined Community Physician Network in Carmel. She earned a bachelor’s degree and medical degree at the University of South Carolina. Prior to joining Community Physician Network, she served as assistant director of the Community Family Medicine Residency program for 14 years.

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People

November 25, 2013

Dr. Anantha Shekhar, a psychiatrist, has been named associate vice president for university clinical affairs at Indiana University. In his new role, Shekhar will coordinate all clinical research at the IU School of Medicine, serve on IU's clinical affairs cabinet, and serve on the research and education subcommittee of the board of the IU Health hospital system. Shekhar will also continue to be director of the Indiana Clinical and Translational Sciences Institute, a collaboration among IU, Purdue University and the University of Notre Dame. Shekhar holds a bachelor’s degree from St. Joseph's College, a medical degree from St. John's Medical College, and a doctoral degree from the IU School of Medicine.

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Company news

November 25, 2013

Franciscan Alliance, which operates three hospitals in the Indianapolis area, has signed an affiliation agreement with the University of Chicago Medicine that will affect its facilities in northwest Indiana. Both institutions said they plan to work together to develop new models for delivering health care services, such as accountable care organizations. Franciscan, based in Mishawaka, operates 13 hospitals in Indiana and Illinois. The partnership with the University of Chicago’s Pritzker School of Medicine will involve the Franciscan facilities in Crown Point, Dyer, Hammond, Michigan City and Munster.

Indiana will not allow health insurers to reinstate customers’ policies that were canceled due to new requirements of Obamacare, the state Insurance Department announced Nov. 20, saying that would “create logistical chaos” and “destabilize” Indiana’s individual insurance market. The announcement, which affects an estimated 108,000 Hoosiers who have had their policies canceled, came in response to President Obama’s request Nov. 14 that state insurance commissioners let insurers reinstate policies that they had decided to cancel for 2014. Indiana is the eighth state that has announced it will not allow insurers to reinstate canceled policies. According to the Atlantic Information Services, another five states have said they have allowed insurers to do so. However, some Hoosiers still have the option of renewing their canceled policies for 2014, as long as they do so before Dec. 31. The state's ruling announced on Wednesday would apply to customers whose policies had been canceled, and who waited until 2014 to buy coverage for that year.

The Hoosier Healthcare Innovation Challenge helped launch three young health information technology companies. CreateIT won the entire competition by developing an application for sending educational articles, event alerts and baby updates to the mobile phones of low-income pregnant moms. The goal is to help reduce infant mortality, which has surged to high levels in Indiana. Other companies that received awards during the competition were DeDupIt, which created a way to merge electronic medical records about a patient into a single report; and MedDiary, which created a new system of care that tracks all medications, over the-counter and prescriptions, being taken by a single patient. Each company received cash prizes and free professional services.

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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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