-Celadon Realty LLC bought 7.5 acres of land at 3255 N. Post Road. The buyer was represented by Brian Zurawski of Summit Realty Group. The seller, Duncan Supply Co. Inc., was represented by Ross Reller of Colliers International.

-TCC Real Estate Holdings LLC bought two commercial buildings totaling 38,000 square feet and 3.6 acres of land at 1002 and 1022 E. 52nd St. The buyer was represented by Brooke Augustin Sipe of Alliance Commercial Group. The seller, 52nd Street Realty LLC, represented itself.

-Marathon Petroleum Co. bought a 1.25-acre outlot at Geist Landing of Fishers, 116th Street and Olio Road, Fishers. The buyer was represented by Bob Byrne of Edge Commercial Real Estate. The seller, Thompson Thrift Development, was represented by Ashlee Boyd of Thompson Thrift.
 
-Victory House bought a 10,000-square-foot former post office on 1.07 acres at 2025 E. Southport Road. The buyer and seller, Rosalind Spodik, were represented by Keith Turnbill of RE/MAX Select.

-Heartland Food Products Group leased 112,080 square feet of industrial space at 8460 Bearing Drive. The tenant was represented by Fritz Kauffman and Don Treibic of Cassidy Turley. The landlord, Biynah Industrial Partners LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.

-facadeTek Inc. leased 90,400 square feet in Park 100, Building 74, 5102-5160 W. 76th St. The landlord, Duke Realty, was represented by Duke's Jay Archer. The tenant represented itself.

-America’s Floor Source leased 51,611 square feet lease in Hunter Creek Business Park, Building 2, at 33rd Street and Post Road. The tenant was represented by Matt McGrady and Mike Lubbers of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-NovaFlex Hose, Inc. renewed its lease for 20,232 square feet of space in Park 100, Building 68, 7802-52 Moller Road. The landlord, Duke Realty, was represented by Duke's Jay Archer. The tenant represented itself.

-4S Petro Inc. leased 14,700 square feet of retail space at 1229 N. Bluff Road. The landlord, Young & Young, was represented by Bo Leffel and John Byrne of Cassidy Turley. The tenant represented itself.

-Aaron’s Rents leased 11,500 square feet at 4407 Lafayette Road. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Woodrow J. and Betty L. Lane, was represented by Wayne O’Hara of Sitehawk Retail Real Estate.

-O'Reilly Auto Parts leased 6,510 square feet of retail space at 3520 Mann Road. The landlord, InSite Real Estate Development LLC, was represented by John Byrne of Cassidy Turley. The tenant represented itself.

-Finance Center Federal Credit Union leased 6,000 square feet of retail space at 5410 5540 E. 82nd St. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley. The tenant represented itself.  
 
-The Trustees of Indiana University leased 5,909 square feet in Park 100, Building 102, 5980 W. 71st St. The landlord, Duke Realty, was represented by Duke's Jay Archer, Kate Ems and Adam Seger. The tenant represented itself.

-Ports of Indiana leased 5,681 square feet of office space at 150 W. Market St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, NEA Properties Inc., was represented by Matt Langfeldt of Summit Realty Group.

-NICO Corp. leased  5,621 square feet in One Parkwood, 250 E. 96th St. The tenant was represented by Scott Lindenberg of Reliant Partners. The landlord, Duke Realty, was represented by Duke's Traci Kapsalis.
 
-Garrison Law Firm renewed its lease for 4,268 square feet at Castle Creek II, 8720 Castle Creek Parkway. The tenant was represented by Paul Dick and Kevin Dick of Colliers International. The landlord, LUBS 2007-C2 Castle Creek Parkway  LLC, was represented by Matt Langfeldt of Summit Realty Group.

-PR Capital Management LLC leased 4,111 square feet at 9100 Keystone Crossing. The tenant was represented by Jon Hardy of Coldwell Banker Commercial Real Estate. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.  
 
-Academy Allergy Asthma & Sinus subleased 3,737 square feet of office space in Riverview Medical Arts Building, 1450 Prairie Lakes Blvd., Noblesville. The tenant was represented by Richard R. King III of Lee & Associates. The sublessor, Indiana Oral & Maxillofacial Surgery Associates, was represented by Thomas Cortese of Acorn Group.

-Eckstein Holdings LLC, dba The Box Shoppe, leased 3,541 square feet of industrial space at 9715 Kincaid Drive, Fishers. The tenant was represented by Kelly Williams and Ray Simons of Cassidy Turley. The landlord, Meritex, was represented by Brian Buschuk of Jones Lang LaSalle.

-Procter & Gamble RHD Inc. leased 2,407 square feet at 8900 Keystone Crossing. The tenant was represented by David Mennell of Jones Lang LaSalle. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.   

-Vein Clinics of America Inc. leased 2,190 square feet at 9000 Keystone Crossing.  The tenant was represented by Zane Brown of CBRE. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.       

-Chicago Title leased 1,600 square feet of retail space at Eden Gate Shoppes I, 9166 E. U.S. Highway 36, Avon. The tenant was represented by Jean Bottiani-Thompson of Orion Real Estate. The landlord, Lauth Group, was represented by Greg Smith of Colliers International.

-Vu Tran leased 1,415 square feet of retail space in Raceway Commons, 55 S. Raceway Road. The landlord, Raceway Commons Baceline LLC, was represented by Robyn Smart and Scot Courtney of Lee & Associates. The tenant represented itself.

The local office of Jones Lang LaSalle has promoted John Robinson from executive vice president to managing director, Adam Broderick from vice president to senior vice president and Stacy Hofinger from senior associate to vice president.

-Kort Builders has completed a 3,120-square-foot retail space for Scrubs & Beyond at 6810 S. Emerson Drive.

-Kort Builders has completed the exterior and interior renovation of an 8,860-square-foot Cort Furniture at 4904 Century Plaza Road.

The average rate for 30-year mortgages rose from 3.76 percent to 3.79 percent in the week ended Feb. 13, according to Bankrate.com. The rate for 15-year mortgages rose from 3.00 percent to 3.02 percent.

Mark Dahlby has joined Indianapolis-based health care law firm Hall Render Killian Heath & Lyman as an associate attorney. Dahlby counsels health care providers, medical-device manufacturers and other life sciences clients on regulatory and compliance issues, as well as on transactions. Dahlby holds a bachelor’s from the University of Wisconsin at La Crosse and earned his law degree at the University of Wisconsin Law School.

The Indianapolis-based regulatory consultancy Anson Group has added Gregory Davis as a principal regulatory consultant. Davis, whose expertise is in biosimilar drugs, earned his doctorate in analytical chemistry from Purdue University.

Former Amerigroup Corp. CEO Jim Carlson will leave WellPoint Inc., the company told Bloomberg News—three days after he lost a bid for the top job at the Indianapolis-based health insurer. Carlson will leave WellPoint on Feb. 28, according to a statement e-mailed by company spokeswoman Kristin Binns. He had joined the nation's second-largest health insurer in December, after WellPoint closed its $4.9 billion acquisition of Amerigroup. WellPoint named Joe Swedish, CEO of the not-for-profit hospital system Trinity Health Corp., to be its next leader, ending a six-month search. Carlson, 60, was among the other candidates under consideration. “After helping close the Amerigroup transaction and assisting over the past six weeks with the integration of the two companies, Jim Carlson will be leaving WellPoint effective Feb. 28,” WellPoint said in the statement. While Carlson had signed a contract to remain with WellPoint for two years, the pact allowed the two sides to part under “changed circumstances,” said Carl McDonald, a Citigroup analyst, in a Feb. 13 note to clients. The WellPoint statement didn’t mention Carlson’s contract. Binns declined to comment when asked how Carlson’s contract would be handled. WellPoint said last month that Richard Zoretic, Amerigroup’s former chief operating officer, would run its Medicaid business.

In a combative Feb. 13 letter to the Obama administration, Indiana Gov. Mike Pence asked the federal government to approve a three-year extension of the Healthy Indiana Plan health savings accounts in lieu of an expansion of a federal Medicaid system. "Medicaid is broken. It has a well-documented history of substantial waste, fraud and abuse. It has failed to keep pace with private market innovations that have created efficiencies, controlled costs and improved quality," he wrote to U.S. Health and Human Services Secretary Kathleen Sebelius. According to the Associated Press, the Indiana Family and Social Services Administration requested a waiver from the Centers for Medicare and Medicaid Services, seeking to enroll residents who earn up to 138 percent of the federal poverty line in the HIP program — a move that would effectively cover roughly 400,000 residents through health savings accounts instead of traditional Medicaid. The 2010 Patient Protection and Affordable Care Act had called for all states to expand eligibility to the traditional Medicaid program for all residents making up to 138 percent of the federal poverty limit. House Minority Leader Scott Pelath, D-Michigan City, said Pence's move puts thousands of jobs at risks by playing politics with the expansion. It's unclear whether the federal agency in charge of Medicaid will sign off on a longer extension and expansion of the Indiana program. The agency approved a one-year extension last month but ruled out minimum payments. Former Gov. Mitch Daniels sought a three-year extension of the program in 2011, but was rejected.

Bioanalytical Systems Inc. swung to a profit in the quarter ended Dec. 31, the West Lafayatte-based company announced Feb. 14. The company, which conducts preclinical testing for pharmaceutical companies, earned $139,000 during the quarter, or 2 cents per share, compared with a loss in the same quarter a year ago of $1.5 million, or 21 cents per share. But revenue in the quarter fell 23 percent, compared with a year ago, to $5.8 million. Jacqueline Lemke, who was recently named CEO after serving in the role on an interim basis, said in a prepared statement: "With the notable exception of revenue, all of our operating metrics moved decisively in the right direction in the first quarter compared to the prior year. We believe these improvements are sustainable.”

A federal audit recommended that the Indiana Medicaid program refund more than $5.8 million because it failed to ensure that Logansport State Hospital had complied with special conditions for psychiatric hospitals. The audit, released Friday by the Office of Inspector General of the U.S. Department of Health and Human Services, said the hospital failed to demonstrate it met staffing and medical-record requirements from the start of 2008 through the end of 2010. So the inspector general thinks the state of Indiana should refund all federal funds used to pay that hospital during that time period—about $5.84 million—as well as any federal funds paid after 2010 if the hospital continued to be out of compliance.  It's unclear whether Indiana will need to refund all the recommended amounts or when that would happen. Audits usually begin a period of negotiations between the two sides. The agency that administers the Indiana Medicaid program, the Family and Social Services Administration, issued a brief statement Friday saying the agency disagrees with the audit findings and plans to work with the federal government to reach "a reasonable resolution."

Dutch diagnostics maker Qiagen NV will work with Eli Lilly and Co. to develop companion tests that could identify patients who could be helped by Lilly's drugs. According to the Associated Press, the companies did not disclose terms of the new collaboration, but described it as a "broad" partnership that will cover "all therapeutic areas." In September 2011, Qiagen started working with Indianapolis-based Lilly on a test designed to identify patients who might be helped by an experimental blood cancer drug. In July 2012, the U.S. Food and Drug Administration approved a genetic test Qiagen developed that is designed to help doctors more quickly determine which late-stage colon cancer patients will respond to the drug Erbitux and which won't benefit from the treatment. Erbitux is marketed by Lilly and Bristol-Myers Squibb Co. In January, Lilly partnered with a unit of Agilent Technologies Inc. to develop a test that can identify cancer patients who could benefit from an experimental cancer drug Lilly is developing.

-TMG Construction Management Inc. has been hired by Upland Brewing Co. to build a 2,400-square-foot restaurant and tasting room at 820 E. 116th St., Carmel.

-Mezzetta Inc. has been awarded the general conditions contract by the Indiana State Fair Commission for renovation of the Coliseum at the Indiana State Fairgrounds, 1202 E. 38th St. The work is to be completed by October of this year.

-Heritage Project I LLC bought 69.2 acres of residential land at the northwest corner of New England Way Boulevard and Northfield Drive, Brownsburg. The seller, Rolling Hills LLC, was represented by Jason Challand of Echelon Realty Advisors. The buyer represented itself.

-Heritage Crossing LLC bought 12.154 acres of commercial land at the southwest corner of Northfield Drive and State Road 267, Brownsburg. The buyer was represented by Ron Foster of Echelon Realty Advisors. The seller, Rolling Hills LLC, was represented by Jason Challand of Echelon Realty Advisors.

-CFC Management LLC bought a 102,943-square-foot industrial property at 7750 Georgetown Road. The seller, Central Restaurant Products, was represented by Jeff Castell of Cassidy Turley. The buyer represented itself.

-IRC Roofing Inc. bought a 7,800-square-foot industrial property at 4050 Glen Arm Road. The seller, Myers Tire Supply, was represented by Michael Weishaar of Cassidy Turley. The buyer represented itself.  

-KJ Properties bought a 5,960-square-foot industrial property at 1726 W. 15th St. The buyer was represented by Tom Ferguson of Premier Commercial Real Estate. The seller, Sogard One LLC, was represented by Grant Lindley and Patrick Lindley of Cassidy Turley.

-Arbor Homes bought 14.5 acres at Finch Drive and East 63rd Street. The seller, Star Financial Bank, was represented by Bill Flanary of Cassidy Turley. The buyer represented itself.

-Shiloh Holdings LLC bought an 18,670-square-foot retail building at 6350 6380 Rockville Road. The seller, F.C. Tucker Co., was represented by Don Williams of Cassidy Turley. The buyer represented itself.

-Jones Lang LaSalle has been named leasing agent for 909 Whitaker Road, a 381,493-square-foot distribution facility in Plainfield Business Park owned by Industrial Income Trust. JLL's brokers for the property are Jake Sturman and Brian Seitz.
 
-Balkamp Inc. renewed its lease for 123,840 square feet and leased an additional  61,920 square feet in North Airport Park Building 2, 7750-54 West Morris St. The tenant was represented by Chris Horton of One Source Realty Inc. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Schenker Logistics Inc. leased 86,400 square feet in Park 100 Building 91, 4919 W. 78th St. The tenant was represented by Mark Writt of CBRE. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Quest Environmental & Safety renewed its lease for  27,492 square feet in Exit 5  Building 2, 11947-11955 Cumberland Road, Fishers. The tenant was represented by Mike Lubbers of Summit Realty. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Click Ship Commerce leased 25,850 square feet at Hillsdale Business Park, North Shadeland Avenue and Hillsdale Court.  The tenant was represented by Brian Buschuk of Jones Lang LaSalle. The landlord, Hillsdale Property Co. LLC, was represented by Jack Hogan and Kevin Gillihan of Jones Lang LaSalle.

-Raymond James & Associates Inc. leased 6,734 square feet at 9100 Keystone Crossing. The tenant was represented by Eric Steiner of DTZ, a UGL company.  The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.  

-The McGraw Hill Cos. Inc. has leased 5,047 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Arterburn CBRE. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.

-Buffalo Wild Wings leased 5,020 square feet of retail space at 1600 E. Michigan Road, Shelbyville. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.  

-TITLE Boxing Club leased 4,881 square feet at Fishers Station, 7400 E. Fishers Station Drive, Fishers. The tenant was represented by Chris Ray of Catalyst Commercial Group. The landlord, Fishers Station Development Co., was represented by Andrew Hasbrook of Kite Realty Group.  

-Mutual of Omaha Insurance Co. leased 4,388 square feet at 9100 Keystone Crossing. The tenant was represented by R. J. Rudolph of Colliers International. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.

-American Mattress leased 4,200 square feet at Rangeline Crossing,116th Street and Rangeline Road, Carmel. The tenant was represented by Jeff Haas of Julius M. Feinblum Real Estate. The landlord, KRG Centre LLC, was represented by Blake Beaver of Kite Realty Group.  
    
-Jessogne Restaurant Ventures, dba Little Caesars, leased 2,400 square feet of retail space at Irvington Plaza, 6200 E. Washington St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, Irvington Plaza Associates LLC, was represented by Patrick Boyle of Midland Atlantic.

-LifeWatch Pharmacy leased 2,213 square feet at 4444 Decatur Blvd. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, MPC Ventures LLC, was represented by Ryan Kelly and Brian Dell of Summit Realty Group.                
 
-Jacobs Parts Inc. leased 1,662 square feet at Willow Lake East, 2632 Lake Center Drive.  The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Runners Forum leased 1,600 square feet at Avon Station, 8100 E. U.S. 36, Avon. The landlord, Avon Station Inc., was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.

-GoPath Global LLC leased 1,419 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.

-BlumLux leased 400 square feet in the Canal Building at Rockdale, 6334 Westfield Blvd. The landlord, Rockdale LLC, was represented by Jack Hogan of Jones Lang LaSalle. The tenant represented itself.

The average rate for 30-year mortgages fell from 3.77 percent to 3.76 percent in the week ended Feb. 6, according to Bankrate.com. The rate for 15-year mortgages fell from 3.03 percent to 3.00 percent.

Brian Askins has joined Summit Realty Group as senior vice president in the office advisory services group.

Dr. Paula Gustafson has been elected to serve as medical chief of staff for Major Health Partners in Shelbyville. Gustafson replaces Dr. Gust T. Spenos. Gustafson serves as a pediatric hospitalist at Major Hospital in Shelbyville.

OrthoIndy and the Indiana Orthopaedic Hospital have added Dr. Prasanth Nuthakki, a physical medicine and rehabilitation specialist. Nuthakki holds a bachelor’s degree from Wright State University and earned his medical degree at Ross University School of Medicine in Dominica.

Indiana University Health Physicians added 39 doctors from the division of gastroenterology and hepatology at the IU School of Medicine. The group was founded in 1958 and is consistently ranked as one of the top 20 programs nationally. IU Health Physicians now employs more than 1,000 doctors. The group, which also includes five nurse practitioners, offers care at IU Health University Hospital, Wishard Health Services and the Richard L. Roudebush VA Medical Center, and will soon expand to IU Health North and IU Health Saxony hospitals. They also see patients in satellite offices in Batesville, Carmel, Greenfield, Greensburg, Lebanon, Martinsville, McCordsville and Zionsville.

Elona Biotechnologies Inc., a drugmaker trying to launch a generic version of insulin, says it has found a solution to its default on more than $8 million in economic development loans and incentives from the city of Greenwood. Elona announced Feb. 6 that it has reached an agreement under which the company will be acquired by a group of private investors. It did not disclose the names of the investors or the amount of financing. "While terms of the transaction are confidential, Elona will receive sufficient funds to correct its default situation with the city of Greenwood, hire management and scientific talent to move the company forward, and proceed with clinical trials to support the registration of its generic human insulin under development for the treatment of diabetes," the company said in a prepared statement. An executive team of pharmaceutical industry veterans with extensive experience will join Elona as staff or consultants, the company said. The company told Greenwood officials of its financial troubles in late January. That information prompted the Greenwood Redevelopment Commission to vote to declare Elona in default on $8.4 million worth of economic development incentives the city approved for the company in 2010. The city loaned $6.4 million to help Elona build a 50,000-square-foot, $28 million insulin production plant in Greenwood and hire 70 workers. The city also gave Elona $1.5 million to help it win approval for its insulin from the U.S. Food and Drug Administration and $500,000 for equipment.

Eli Lilly and Co. said it is halting testing of an experimental drug for rheumatoid arthritis because the studies show the medicine is not effective. The decision to stop testing the therapy, called tabalumab, in rheumatoid arthritis wasn’t based on safety concerns, the Indianapolis-based drugmaker said Feb. 7 in a prepared statement. Lilly said it will continue to develop the drug as a treatment for lupus. In December, Lilly said it was stopping one of three late-stage rheumatoid arthritis studies of tabalumab after it failed to provide a benefit. Lilly then analyzed the other two studies and determined the drug was unlikely to help patients. The setback comes as Lilly, counting on sales of new medicines to revive growth, faces generic competition to schizophrenia drug Zyprexa, which generated $5 billion in annual revenue before losing patent protection in October 2011.

-Watermark Residential bought 9.15 acres at Exit 5, 116th Street and Cumberland Road, Fishers.  The seller, Sunbeam Development Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate. The buyer represented itself.

-LJI Wealth Management bought a 1,960-square-foot commercial building at 6569 Carrolton Ave. The buyer and seller, DSD Architecture, represented themselves in the transaction.

-Shoppers World leased 27,000 square feet of retail space in Esquire Plaza, 8311 Pendleton Pike. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Planet Fitness leased 23,000 square feet of retail space in Washington Market, 10435 E. Washington St. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, Washington Market Realty LLC, was represented by Jeff Roberts of Sandor Development.

-Unclaimed Furniture leased 9,504 square feet of retail space in Esquire Plaza, 8101 Pendleton Pike, Unit A1. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Stage 1 Dance Academy leased 7,455 square feet of retail space at Ashley Crossing, 740 Lowes Blvd., Greenwood. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Consigned by Design leased 6,174 square feet of retail space at Indy Pavilions, 7035 E. 96th St., Unit A. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.

-Body N Motion leased 6,000 square feet of industrial space in Fairfield Business Park 9327 Castlegate Drive. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, First Industrial Realty Trust, was represented by Chris Black and John Hanley of CBRE.

-Ports of Indiana renewed its lease for 5,681 square feet at 150 W. Market St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, NEA Properties Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Salon Lofts leased 4,545 square feet of retail space at Ashley Crossing, 740A Lowes Blvd., Greenwood. The tenant was represented by Michael Cranfill and Scott Gray of Sitehawk Retail Real Estate. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor.

-Compendium Software LLC renewed its lease for 4,679 square feet in Circle Tower, 55 Monument Circle. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar Real Estate. The landlord, Ambrose Property Group LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Anytime Fitness leased 4,200 square feet of retail space at Indy Pavilions, 7035 E. 96th St., Unit N. The tenant was represented Jim Runyon of FRE Advisors. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
    
-Dog Track Resort leased 3,750 square feet of industrial space at 2101 Cunningham Road. The tenant was represented by Greg Smith of Colliers International. The landlord, B&W Services LP, was represented by Jim Karozos and Bob Lindgren of Lee & Associates.

-Friends of The American Legion leased 1,820 square feet of retail space at East 40 Plaza, 8510 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Revol Wireless leased 1,622 square feet of retail space in Esquire Plaza, 8241 Pendleton Pike. The tenant was represented by Courtney Carper of Equity. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor.

-Hot Box Pizza leased 1,586 square feet of retail space in Village Commons III, 3147 W. Smith Valley Road, Greenwood. The tenant was represented by Jason Challand of Echelon Realty Advisors. The landlord, VC3 LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.

-Noble Roman’s Take-N-Bake Pizza leased 1,500 square feet of retail space in Sutton Park, 586 S. State Road 135, Greenwood. The tenant and landlord, Sutton Park LLC, were represented by Cathy Richards of Lee & Associates.

-Fannie Mae Candies subleased 1,440 square feet of retail space in North by Northeast Shoppes II, 8270 E. 96th St., Fishers. The tenant was represented by Greg Smith of Colliers International. The sublessor, iSOLDit on Ebay, was represented by Spero Pulos of Lee & Associates.

-Indiana State Building & Construction Trades Council leased 1,267 square feet at 150 W. Market St. The landlord, NEA Properties Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The tenant represented itself.

-Crepe Guys leased 1,050 square feet of retail space in Old Town Shoppes, 1232 W. 86th St. The tenant was represented by Itamar Cohen of Indiana Realty Group. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.

-Lets Get Started LLC leased 1,000 square feet of retail space at Carmel Shopping Center, 1025 W Main St., Carmel. The tenant was represented by Brad Litz of Realty Partners.The landlord JR Farmer Finance LLC, was represented by Thomas Willey of Willey Commercial Real Estate.

The average rate for 30-year mortgages rose from 3.66 percent to 3.77 percent in the week ended Jan. 30, according to Bankrate.com. The rate for 15-year mortgages rose from 2.94 percent to 3.03 percent.

-Jose Kreutz has been named a partner at Thompson Thrift Construction Inc. He previously held the position of senior vice president of business development with the company.

-S&B Construction Group has appointed Chaz Druetzler project coordinator; Brad Holland project manager and superintendent; and Bill Ortego superintendent.

-S&B Construction Group has been awarded the contract to build Self Storage at Anson, a nine-building project totaling 70,000 square feet at Anson in Whitestown. The project is scheduled to open by late August.

-S&B construction Group has completed an 1,800-square-foot build-out for Cellular Sales at Circle Centre mall.

-Kort Builders has completed a 2,400-square-foot build-out for The Mutual Fund Store at 5025 E. 82nd St., Suite 1400.

Indiana University Health Morgan Hospital in Martinsville stopped delivering babies on Friday and instead will direct pregnant women to IU Health Bloomington Hospital, which is a 30-minute drive farther south. In 2012, only 3 percent of deliveries at Bloomington Hospital were for moms from Morgan County. But IU Health made the change because the hospital in Martinsville was delivering only 218 of the 1,200 annual births in Morgan County, according to an evaluation by the American College of Obstetrics and Gynecology. The group recommends a hospital have at least 300 births in order to continue its obstetrics program. The change is also being made because many of the women seeking obstetric services at IU Morgan are high-risk patients and the hospital does not have the facilities to serve them, said Amy Wozniak, IU Health Morgan's director of public relations, in a statement. IU Health Bloomington Hospital delivers about 1,900 babies each year. “We understand this affects our community as well as some IU Health Morgan Hospital employees. We believe, however, that this decision is best for our patients,” said Doug Puckett, CEO of IU Health Morgan Hospital.

Indianapolis-based Hall Render Killian Heath & Lyman PC, the nation’s largest health-care-focused law firm, has officially launched a pharmacy practice. Though the practice area is new, several lawyers within the firm have used their pharmacy-related knowledge and experience to serve clients for several years, said John Hall, the firm’s president and managing partner. The lawyers typically counsel retail and mail-order pharmacies, hospitals and long-term-care providers on a variety of issues: regulatory compliance and enforcement support, development and maintenance of compliance programs, Medicare and Medicaid reimbursement, private-payer reimbursement, fraud and abuse, and litigation. Hall Render’s pharmacy practice is led by Susan Bizzell, a shareholder of the firm, and is the latest addition to the firm's more than 60 health-care-related specialties. The pharmacy practice consists of about 10 lawyers. With 97 local attorneys, Hall Render is ranked as the city’s seventh-largest law firm, according to IBJ’s most recent statistics.

Indianapolis-based Pearl IRB LLC, a life sciences consultancy operating as Pearl Pathways, announced Jan. 29 that it plans to add 38 jobs by 2016 as part of a $355,000 expansion. The company, in Indiana University’s Emerging Tech Center near the Central Canal, will use the investment to lease and equip a 2,000-square-foot facility at 29 E. McCarthy St. Pearl Pathways plans to move in March and is hiring additional regulatory-affairs, quality-compliance and clinical-trial specialists. The Indiana Economic Development Corp. said it will provide Pearl Pathways up to $750,000 in performance-based tax credits and up to $75,000 in training grants based on the company's job-creation plans. Founded in 2010 by former Eli Lilly and Co. employees Diana Caldwell and Gretchen Miller Bowker, Pearl Pathways provides research and product development services for drug, biologic and medical device companies.

Zimmer Holdings Inc. predicted revenue and profit will pick up steam in 2013 after its fourth-quarter profit fell 2 percent due to large accounting charges. The Warsaw-based maker of orthopedic implants said it expects revenue to grow this year 2.5 percent to 4.5 percent, when adjusted for foreign currency fluctuations. It expects earnings per share, excluding special charges, to range between $5.65 and $5.85. Those results would mark growth of 7 percent to 10 percent over last year’s adjusted earnings per share of $5.30. In the fourth quarter, Zimmer’s reduced profits still beat estimates of Wall Street analysts. Zimmer earned $152.8 million, or 88 cents per share, in the quarter. The company took a $96 million charge to write down the value of its U.S. spine business, which it says is pressured by lower utilization and lower prices. Excluding that charge and $69 million in other special charges, Zimmer would have earned $1.51 per share. Analysts expected $1.49, according to a survey by Thomson Reuters. For all of 2012, Zimmer’s profit fell 1 percent, to $755 million, from the previous year. Excluding special charges, the company would have earned $932.5 million, an increase of 3 percent. Revenue totaled $4.47 billion, virtually unchanged. Wall Street analysts have said 2013 could be a “breakout” year for Zimmer, which has suffered through several years of slow growth. However, they also worry the company is more exposed than its peers to changes coming in 2014 from the U.S. Patient Protection & Affordable Care Act. Zimmer shares have risen 23 percent in the past 12 months.

Suzanne Clifford has been named executive vice president of behavioral health at Community Health Network, beginning Feb. 25. She replaces Eric Crouse, who is retiring after nearly 34 years at Community. Clifford most recently has led Inspiring Transformations Inc., an Indianapolis-based consulting firm she founded that focused on the delivery of mental health and substance abuse care. Before that, Clifford was director of the Indiana Division of Mental Health and Addiction, and also served stints at Eli Lilly and Co. and General Motors Corp. She holds a bachelor’s in industrial and systems engineering from The Ohio State University and an MBA from Indiana University.

St. Vincent Health has appointed Dr. Craig Wilson chief medical officer of St. Vincent Medical Center Northeast, which is adding 50 inpatient beds and will change its name to St. Vincent Fishers Hospital on April 8. Wilson will remain executive director of hospitalist services at St. Vincent Indianapolis Hospital. Wilson completed his medical degree at the University of Queensland, Australia.

The Indiana Medical Device Manufacturers Council appointed Peggy Welch as its executive director, effective immediately. Welch was a Democratic state legislator from Bloomington for 14 years and works part time as an oncology nurse at the Indiana University Health Bloomington Hospital.

Dr. Nahid Shahrooz has joined the newly established Franciscan Physician Network Dermatology Specialists. Formerly associated with Shahrooz Dermatology and the Indianapolis Institute for Plastic Surgery, she specializes in the surgical removal of skin tumors, cancers and lesions. Shahrooz earned her medical degree at Mashad Medical School in Iran.

Dr. Janice Bilby has joined Franciscan Physician Network Greenwood Parke Family Medicine. Bilby received her undergraduate degree in biology from Ball State University and her medical degree from the Indiana University School of Medicine.

-QuinnCo LLC bought an 11,655-square-foot office building at 374 Meridian Parke Lane, Greenwood. The buyer was represented by Andrew Follman of NAI Meridian Real Estate Services. The seller, Republic Financial Corp., was represented by Andrew Martin and Bennett Williams of Cassidy Turley.

-The Gene B. Glick Family Housing Foundation bought the 200-unit Hunt Club Apartments at East 56th Street and Interstate 465. The property was listed for $7.95 million. The sale price wasn't disclosed. The buyer and seller, Eli Stefansky dba Hunt Club Apartments LLC, were represented by Tikijian Associates.
    
-An affiliate of Bickford Senior Living bought 8.88 acres of retail land in Northern Beach Park, 5829 E. 116th St., Carmel. The seller, Mansion Real Estate, was represented by Stan Elser of Lee & Associates. The buyer represented itself.

-Denny’s Excavating bought a 90,123-square-foot building at 1329-1340 W. 29th St. The seller, D-A Lubricant Co. Inc., was represented by Steven Schaub of Summit Realty Group. The buyer represented itself.                

-Butler Automotive Group bought 19.1 acres at 4200 East 96th Street. The property was listed for $4.9 million. The sale price wasn't disclosed. The buyer and seller, John P. Tyner Revocable Stewardship Trust, were represented by Michael P. Sloan of The Broadbent Group.

-Drew Investments LLC bought a 6,250-square-foot office building at 7160 Graham Road. The buyer was represented by Tom Frank of Summit Realty. The seller, 7160 Graham Road LLC, was represented by Paul Dick and Kevin Dick of Colliers International.

-Harshman Property Services LLC has been hired to lease and manage The Barrister Building at 155 E. Market St. and The Stock Yards Bank Building at 136 E. Market St. The buildings encompass 115,000 square feet of office space. Harshman's leasing representatives are Larry Harshman and Dawn McClanahan.

-Surgical Care Affiliates leased a 14,916-square-foot office building at Meridian Mark II, 11711 N. Meridian St., Carmel. The tenant was represented by Sam Smith of Colliers International. The landlord, Zeller Realty Group, was represented by Mark Vollbrecht of Zeller Realty Group.

-CD Enterprises leased 10,732 square feet of office space at 10 W. Market St. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, HDG Mansur, was represented by Andrew Martin, Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley.
 
-Indiana Department of Administration leased 9,518 square feet of office space at 30 S. Meridian St. The tenant was represented by Michael Corr and Jake Sturman of Jones Lang LaSalle. The landlord, Kite Realty Group, was represented by John Crisp and Mike Semler of Cassidy Turley.

-The Phoenix Group Inc. renewed its lease for 9,106 square feet of office space at 164 South Park Blvd., Greenwood. The tenant was represented by Rick Suja of Colliers International. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.

-Orbital Customs Inc. leased 4,960 square feet at 9750 E. 150th St., Noblesville. The tenant was represented by Cam Kucic of Summit Realty Group. The landlord, Noblesville Business Partners LLC, was represented by Chip Barnes of Jones Lang Lasalle.  

-Mutual of Omaha Insurance Co. leased 4,388 square feet of office space at 9100 Keystone Crossing. The tenant was represented by R.J. Rudolph, Tom Osborne, and Kim Hartman of Colliers International. The landlord, Keystone Investors LLC, was represented by Abby Cooper and John Robinson of Jones Lang LaSalle.

-The Steritech Group Inc. renewed its lease for 3,980 square feet at 122 South Park Blvd., Greenwood. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

-Scientific Image Center Management Inc. leased 3,497 square feet of office space at 12265 Hancock St., Carmel. The tenant was represented by Timothy Craft of CBRE. The landlord, Carriger Properties LLC, was represented by Bryan Miller of Cassidy Turley.

-DCT Industrial Supply Co. leased 2,700 square feet at 5855 Kopetsky Drive. The landlord, Gateway South Industrial Park, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

-PEARings Frozen Yogurt & Beyond leased 2,177 square feet of retail space at 6 W. Washington St. The landlord, Two North Meridian Co., was represented by Nicholas Wright of Newbridge Commercial Real Estate. The tenant represented itself.

-Lumberman's Underwriting Alliance leased 2,125 square feet of office space at 10333 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.

-DAST Consulting leased 1,713 square feet of office space at 5455 W. 86th St.  The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.

-Penn Station East Coast Subs leased 1,600 square feet at 2558 E. State Road 44, Shelbyville. The tenant was represented by Nicholas Wright of Newbridge Commercial Real Estate. The landlord, SHIV Development LLC, represented itself.

-Body by GymRoots leased 1,523 square feet of office space at 11946 11980 Fishers Crossing Drive, Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
 
-Star Nails leased 1,400 square feet of retail space in Stafford Crossing, 2230 Stafford Road, Plainfield.  The landlord, LOR Corp., was represented by Brett Burch and Jeff Daniel of Valenti Real Estate Services Inc. The tenant represented itself.  
        
-Defender Direct leased 1,059 square feet at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.

-The Gabriel Project extended its 684-square-foot lease at 5455 W 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.

Rich Forslund and Matt Langfeldt have been named partners at Summit Realty Group.

The average rate for 30-year mortgages rose from 3.60 percent to 3.66 percent in the week ended Jan. 23, according to Bankrate.com. The rate for 15-year mortgages rose from 2.89 percent to 2.94 percent.