newsletter.story

Sales/acquisitions

December 21, 2010
-W.W. Reynolds Cos. Inc., a Colorado-based real estate developer, has purchased the never-occupied, 781,500-square-foot Getrag transmission manufacturing facility in Tipton. The purchase price was $25 million. The buyer will lease the facility to Colorado-based Abound Solar Inc., which will manufacture solar panels at the plant. The seller, Franklin Advisors LLC, was represented by Patrick B. Lindley of Cassidy Turley. The buyer represented itself.

-New York-based White Eagle Group bought the 220-unit Pebble Point Apartments near Interstate 465 and Crawfordsville Road. The price wasn’t disclosed. The buyer and seller, Denver-based Apartment Investment & Management Co., were represented by Tikijian Associates.

-Duncan Supply Co. Inc. bought a 60,000-square-foot industrial building on 5.61 acres in the Airwest Business Park at 2191 Airwest Blvd. The price wasn’t disclosed. The buyer was represented by Kevin Kempf of Cassidy Turley. The seller, PB Real Estate LLC, was represented by Patrick Lindley of Cassidy Turley.
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Leases/leasing contracts

December 21, 2010
-The Marion County Election Board leased 40,750 square feet of retail space at 3737 E. Washington St.  The tenant was represented by Wendy Michaels of Venture Real Estate Services. The landlord, Icahn Enterprise Holdings LP, was represented by Bob Lindgren and Rick Jones of Lee & Associates.

-All Tune and Lube Center leased 5,400 square feet at 7920 W. 10th St.  The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Jim Crews, was represented by John Fox of Prime Site Brokers.

-Kindred Nursing Centers renewed its lease for 4,740 square feet of space at Woodland I, 8275 Allison Pointe Trail. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.

-LaSalle Street Securities extended and expanded its lease to 2,953 square feet at Woodland I, 8275 Allison Pointe Trail. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.

-Liberty Tax leased 2,500 square feet at 5329 N. Keystone Ave. The landlord, Brooks Investment Co., was represented by Jeff Hubley of Midland Atlantic. The tenant  represented itself.

-Katie’s Professional Dog Grooming leased 2,400 square feet at 234 E. Main St., Plainfield. The landlord, BAO Enterprise, was represented by Jodi Milto of Midland Atlantic. The tenant represented itself.

-All Tune and Lube Center leased 2,000 square feet at 6340 Rockville Road. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Shiloh Holdings LLC, represented itself.

-Titan Restaurant Group LLC, doing business as Donato’s Pizzeria, leased 2,000 square feet at Page Pointe, 435 Virginia Ave. The tenant was represented by Jeff Hubley of Midland Atlantic. The landlord, Page Pointe Development LLC, was represented by Rob Odendahl of Page Development.

-PHI Air Medical Inc. leased 1,936 square feet of office space at 3500 Depauw Blvd. The tenant was represented by Tim Craft of CB Richard Ellis. The landlord, CP Pyramids Associates LP, was represented by David A. Moore, Darrin L. Boyd, and Bennett M. Williams of Cassidy Turley.

-D&M Continuous Solutions LLC leased 1,800 square feet of office space in 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.
    
-P&R Construction leased 1,800 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 Cathy Richards of Lee & Associates.

-Li’s Garden leased 1,400 square feet at Wildcat Shops, 5650 S. Franklin Road. The tenant was represented by Karen Yan of Best Value Realty LLC. The landlord, MAP Franklin Road LLC, was represented by Jeff Hubley of Midland Atlantic.
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Residential

December 21, 2010
-On a seasonally adjusted basis, the pace of mortgage loan activity fell 2.3 percent for the week ended Dec. 10, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.84 percent from 4.66 percent the previous week. The rate for 15-year mortgages increased to 4.21 percent from 3.98 percent.

-Coldwell Banker Alliance real estate, with offices in Avon and Carmel, has merged with Prudential Indiana Realty Group. The merged organization will operate under the Prudential Indiana brand name.
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People

December 21, 2010
-Rich Forslund and Matt Langfeldt have joined Summit Realty Group’s office advisory team as senior vice presidents. Alex Cantu has joined the team as an associate.

-Summit Realty Group has added Ken Petruska as a senior vice president overseeing the firm’s property management and distressed asset services division. Audrey Lawson is joining Summit as senior asset manager and Chris Ayres is joining as senior property manager.
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Construction

December 21, 2010
-Kort Builders has started construction of a 4,820-square-foot retail space for Salon Salon at 5650 W. 86th St., Suite 120.

-Kort Builders has started construction of a 1,700-square-foot retail space for Trilogy Salon at 8691 River Crossing Blvd.

-Kort Builders has started construction of an 1,800-square-foot retail space for The Sewing Center at 105 South Raceway Road.
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New Year’s Eve events

December 21, 2010

Dec. 31
Various locations

To be honest, I long ago lost my interest in going out for New Year’s Eve. Blame it on having four kids—or on the fact that, for the decade I spent as a stand-up comic, Dec. 31 was a night of work (albeit work that paid better than every other night).

If I were interested in heading out for the turning of the year, however, I’d consider a stop at Big Car Gallery, where the unpredictable Know No Stranger theater troupe is part of the entertainment for an all-ages evening. Or The Jazz Kitchen, where Brenda Williams and Cynthia Laine are on stage with Rob Dixon and others. The Indianapolis Symphony Orchestra is teaming with Dance Kaleidoscope for its New Year’s Eve in Vienna celebration, which sounds delightful. And, for something completely different, Here Come the Mummies is playing Old National Centre (it’s a band, in case you haven’t heard).

Of course, there’s always comedy: Costaki Economopoulos is taking the stage at Morty’s Comedy Joint.

Did I miss anything? Of course I did. There’s something going on at just about every bar, restaurant and venue in town. Enjoy. And Happy New Year—which I realize doesn’t technically fall into this week, but usually requires some advance planning, hence its inclusion in this edition.
 

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"A Candlelight Evening on Delaware Street"

December 21, 2010

Dec. 29
Old Northside

Celebrate the holidays in an old-school way with a progressive dining tour of historic homes in the Old Northside. Stops include the President Benjamin Harrison Home, the Indianapolis Propylaeum Club and the Yellow Rose Inn. Details here.
 

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"The 25th Annual Putnam County Spelling Bee"

December 21, 2010

Dec. 29-Jan. 30
Beef and Boards

The quirky, interactive “Spelling Bee” contains some decidedly PG-13 material and the least-traditional score I can think of for any B&B show—which makes the selection all the more interesting. The cast includes Sarah Hund and Jayson Elliott, two B&B regulars best remembered for their outstanding “Smoke on the Mountain” performances, plus some new faces—including a few members of the audience recruited beforehand to be part of the fictional bee. Details here.
 

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People

December 15, 2010
Dr. Mark Pescovitz, a surgeon and researcher for 22 years at the Indiana University School of Medicine, died Sunday in a car accident outside Ann Arbor, Mich. Pescovitz was on his way home to Indianapolis after visiting his wife, Dr. Ora Hirsch Pescovitz, who is CEO of the University of Michigan Health System. Ora Pescovitz was the CEO of Riley Hospital for Children in Indianapolis and the head of research at the IU medical school before taking the job at Michigan in May 2009. A funeral for Mark Pescovitz will be held on Thursday at 2 p.m. at Congregation Beth-El Zedeck in Indianapolis. Dr. Stephanie Wagner has been hired by Clarian Health and the IU School of Medicine as medical director of the neuro-oncology program at the IU Melvin and Bren Simon Cancer Center. A Brownsburg native, Wagner most recently was director of the neuro-oncology program at Norton Healthcare in Louisville. Wagner earned her medical degree from Ross University in North Brunswick, N.J., and received her nursing degree from DePauw University in Greencastle. Blake A. Dye has been named president of the St. Vincent Heart Center of Indiana. Dye will start Jan. 17, replacing John Stewart, who now serves a president of the newly formed St. Vincent Medical Group. Dye has been CEO for 11 years of Henry County Hospital in New Castle. Indianapolis-based Orbis Education, which creates nurse training programs, has hired Norm Allgood as senior vice president of operations and Clay Gillespie as chief marketing officer. Allgood worked for nine years at the Institute for Professional Development, a subsidiary of Arizona-based for-profit educator Apollo Group. Gillespie comes to Orbis from Career Education Corp., a for-profit educator based in the Chicago area.
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Company news

December 15, 2010

California-based Beckman Coulter Inc., which employs more than 500 people in the Indianapolis area, is up for sale, according to the Wall Street Journal. The company has hired Goldman Sachs Group Inc. to investigate a sale. After the Journal’s report, the company’s market value neared $5 billion. Potential buyers include private-equity firms such as the Blackstone Group and Apollo Global Management, or other companies in the medical-device industry, such as Illinois-based Abbott Laboratories, Germany-based Siemens or even Roche Diagnostics Corp. a Swiss company that operates its North American headquarters out of Indianapolis. Beckman’s testing machines are used in hospitals and medical research labs. In 2007, it moved more than 200 jobs to Indianapolis as it relocated its centrifuge development and manufacturing facilities. In October, Beckman announced plans to add 95 more jobs in Indianapolis over the next three years.

What is it about White County? In the same month that White County Memorial Hospital said it’s ready to merge with Indianapolis-based Clarian Health, now White County’s Monticello Medical Center is selling its four-physician family practice to St. Elizabeth Regional Health in Lafayette. St. Elizabeth is part of the Franciscan Alliance, which operates the three St. Francis hospitals in the Indianapolis area. Monticello, the White County seat, is about 30 miles north of Lafayette. St. Elizabeth will employ the four physicians, as well as three nurse practitioners, who collectively serve the largest percentage of White County residents. Locking up family practitioners is key for hospitals right now as they try to form themselves into “accountable care organizations” that will be paid by Medicare and private insurers for managing the long-term health of patients. Medicare’s rules will require accountable care organizations to provide family, or primary, care to at least 5,000 patients.

Indiana University’s health care budget will fall $24.9 million short of projected expenses in 2011-12, according to the Herald-Times of Bloomington, as a low-deductible Anthem Blue Access health care plan has become too expensive to offer to its 18,000 employees. IU trustee Tom Reilly Jr. implied that employees need to cover some of the extra costs.

Eli Lilly and Co. suspended a Phase 3 clinical trial of a skin-cancer drug after 12 patients in the study died, according to Bloomberg News. The deaths, among the 300 patients in the study, “may be treatment-related,” said Amy Sousa, a Lilly spokeswoman. Lilly was testing tasisulam on patients whose skin cancer had spread and who didn’t benefit from earlier treatment. No new or existing patients will be given the drug while the company evaluates safety data for the trial. But Lilly will continue to study tasisulam against breast, ovarian and renal cancers and against soft-tissue sarcoma, the company said.

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Handel’s “Messiah”

December 15, 2010

Dec. 18
Clowes Hall

The Indianapolis Symphonic Choir raises the roof on the oratorio that has become a holiday classic. For the record, it was actually composed in summer and premiered in April. Details here.

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Indianapolis Jazz Foundation Sing-along

December 15, 2010

Dec. 20
Jazz Kitchen

Most of the time, if you sing along with a jazz band in an intimate venue, you risk getting some very severe looks from the other patrons around you. At this concert, though, you are likely to see those same patrons singing even louder. The annual holiday celebration at the Jazz Kitchen features players from the Indianapolis Jazz Foundation, and the emphasis is on participatory fun. Added bonus: There’s no cover charge. Details here.
 

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Twelve Free Days of Christmas

December 15, 2010

Through Dec. 24

Various locations

Museums and attractions throughout the area are forgoing admissions charges on select days this month—which should leave you more to spend in the gift shops. Participants include the Indiana State Fairgrounds, which will offer a free skate day at the Pepsi Coliseum on the 17th; the Indianapolis Motor Speedway Hall of Fame Museum, which will be free on the 18th;  the NCAA Hall of Champions taking its turn on the 19th; the Indiana State Museum going ticketless on the 20th; Rhythm! Discovery Center giving you more bang for no bucks on the 22nd; and the Indiana History Center taking you on a gratis trip back in time on the 23rd. For a complete list, click here.

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Also this week

December 15, 2010

Sarah Schartbrough and Jon McLaughlin join voices in performance at the Jazz Kitchen Dec. 17. Details here.

Indianapolis School of Ballet offers up its “Nutcracker” Dec. 17-19 at the Scottish Rite Cathedral. Details here. http://www.indyballet.org/home.html. Meanwhile, the Indiana Ballet Conservatory presents its version Dec. 17-19 at the Madame Walker Theatre Center. Details here.

On Dec. 17, Tim Brickley performs in a free Spirit of the Seasons concert at Chateau Thomas Winery. Details here.

Christian Hoff, Michael Longoria, Daniel Reichard and J. Robert Spencer—original cast members of Broadway’s “Jersey Boys”—present a holiday concert Dec. 18 at French Lick Resort. Details here.
 

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Leasing/leasing contracts

December 14, 2010
-Orchard Software leased 40,694 square feet at 701 Congressional Blvd., Carmel.  The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.

-DuCharme McMillen and Associates extended and expanded its lease to 17,499 square feet at Lake Point II, 8440 Allison Pointe Blvd. The tenant was represented by Steve Beals of Lee & Associates Commercial Real Estate Services. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.

-Signworks Inc. leased 10,800 square feet of industrial space at 5343-5351 W. 86th St. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Indy Flex Investors, was represented by Bryan Poynter and Kyle Powell of Cassidy Turley.

-Quadel Consulting Corp. leased 9,297 square feet of office space in Market Tower, 10 W. Market St. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.

-Church of Iron leased 7,650 square feet of industrial space at 5120 E. 64th St. The tenant was represented by Kevin Kempf and Patrick Lindley of Cassidy Turley. The landlord, Orthopros LLC, was represented by Stan Elser of Lee & Associates.

-That’s Good HR Inc. leased 6,403 square feet of office space at 8440 Woodfield Crossing Blvd. The tenant was represented by Graham Summers and Adam Broderick of Jones Lang LaSalle. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.

-Pete And D's Corp. leased a 5,642-square-foot former Denny's restaurant at 4902 S. East St. The tenant was represented by David Simons of Velocity Commercial Real Estate. The landlord, National Retail Properties, represented itself.

-West Racing Team leased 5,063 square feet of industrial space in Crosspoint II, 9900 Westpoint Drive. The tenant was represented by Conrad Jacobs of Halakar Real Estate. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-Hair Club for Men extended and expanded its lease to 4,865 square feet at Woodland I, 8275 Allison Pointe Trail.  The tenant was represented by John Crisp of Cassidy Turley.  The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.

-Dyslexia Institute of Indiana Inc. leased 3,345 square feet of office space at 8395 Keystone Crossing. The tenant was represented by Timothy O’Brien of Colliers International. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.

-New Balance Shoe Store leased 3,147 square feet of retail space at West Carmel Marketplace, 9893 N. Michigan Road. The tenant, Brad Stout, was represented by Tom Megenhardt. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.

-Decatur Vein Clinic leased 2,000 square feet of retail space at 105 S. Raceway Road. The tenant was represented by Richard King III of Hokanson Cos. The landlord, Ossip Real Estate, was represented by Jacque Haynes of Cassidy Turley.

-Crosspoint Communications leased 1,747 square feet of industrial space at 9855 Crosspoint Blvd. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.

-Enterprise Roofing Contractors of Indiana Inc. renewed its lease of 650 square feet in 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.
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Sales/acquisitions

December 14, 2010
SNA Commercial Properties LLC bought a 14,904-square-foot church building at 11965 Allisonville Road. The price wasn’t disclosed. The buyer was represented by Darrin L. Boyd of Cassidy Turley. The seller, Lutheran Church Extension Fund, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
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Housing

December 14, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity fell nine-tenths of a percent for the week ended Dec. 3, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.66 percent from 4.56 percent the previous week. The rate for 15-year mortgages increased to 3.98 percent from 3.91 percent.
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People

December 14, 2010
John Merrill has been named managing director of the local office of CB Richard Ellis.
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Construction

December 14, 2010
-Shamrock Builders-Commercial has started construction of an 1,800-square-foot office build-out for CFG Wealth Management Services Inc. at 9840 Westpoint Drive, Suite 150. The office is scheduled to be completed by Jan. 1.
 
-Shamrock Builders-Commercial has started construction of a 2,227-square-foot dental office for Dr. Ryan Jay at 12110 Pendleton Pike. The office is scheduled to be completed by mid-January.

-Shamrock Builders- Commercial has started construction of a 4,452-square-foot office for Dr. Michelle Jones Singer at 9800 Crosspoint Drive. The project is scheduled to be completed by the end of January.

-S&B Construction Co. has completed a 10,000-square-foot store for Tire Barn at 14010 Mundy Drive, Fishers.
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People

December 8, 2010

Gregory Zimet, a professor of pediatrics at the Indiana University School of Medicine, has been named co-leader of the cancer prevention and control research program at the IU Melvin and Bren Simon Cancer Center. The group tries to reduce cancer and cancer deaths through prevention, early detection and helping cancer survivors.

Indianapolis-based WellPoint Inc. named Douglas J. Wenners its senior vice president for provider engagement and contracting. He succeeds Bob McIntire, who had previously announced he would retire at year’s end. Wenners is currently president of WellPoint's health insurance plan in New Hampshire.

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Company news

December 8, 2010
Community Health Network launched a new smartphone application for scheduling appointments online, WebAhead, making it available to patients at six MedCheck walk-in clinics in central Indiana. WebAhead, developed by Community’s e-business team, allows patients to use their smartphones to search for the most convenient appointment times and MedCheck locations. Patients can schedule appointments up to 24 hours in advance, using an iPhone, Android, BlackBerry or computer. Community likens the service to call-ahead seating services at restaurants. “Almost one-half of all Americans are accessing the Internet using a wireless device or smartphone for work, entertainment and social responsibilities,” said Dan Rench, vice president of e-business at Community Health Network.  “Accessing health care with one’s smartphone is a natural next step.”

It’s been a banner year for the Indiana Economic Development Corp. securing job commitments in the life sciences industry, the agency reported this week. Twenty life sciences companies including Indianapolis-based Dow AgroSciences, Indianapolis-based AIT Laboratories, Warsaw-based Biomet and Missouri-based Ascension Health promised to bring 4,071 jobs to Indiana in coming years. That commitment total compares with 1,228 life sciences job commitments last year, 1,329 in 2008, 2,990 in 2007, 2,620 in 2006 and 2,272 in 2005. "Life sciences jobs are typically high-wage, which is great news for Indiana workers throughout the state," said Indiana Secretary of Commerce Mitch Roob.

An Indianapolis-based nursing home company will pay $376,000 to the state and federal governments over accusations that it submitted ineligible bills to Medicaid, according to the Associated Press. Indiana Attorney General Greg Zoeller said Monday that the bills from American Senior Communities LLC were for the work of seven employees who have been excluded from the Medicaid program. The company has denied liability. Zoeller says the federal government excludes health care workers who are convicted of various crimes from participating in Medicaid and other federally funded health programs He said the settlement is the largest his office has received in a Medicaid excluded-provider case to date. He said the state's share of the settlement is $130,000.

WellPoint Inc.’s management team will shrink to eight following the departures of two more top executives. Cynthia Miller, the health insurer’s chief actuary, and Bradley Fluegel, chief strategy officer, both are leaving the Indianapolis-based company, according to a WellPoint securities filing. It did not precisely say when the officers' employment would end. Both executives, along with CEO Angela Braly, played prominent public roles when the company became the center of controversy in the health care reform debate. Miller appeared with Braly before Congress to defend premium hikes for individual customers in California. Fluegel handled WellPoint’s government relations during the 10-month reform debate. Miller and Fluegel’s departures follow the exit of Dijuana Lewis, who clashed with Braly in October. Lewis was terminated “without cause” but is helping with the transition of her duties to others within the company. In place of Miller, WellPoint Chief Financial Officer Wayne DeVeydt will assume responsibility for the actuarial group. Fluegel’s government relations and communications duties will be assumed by General Counsel John Cannon and his strategic and marketing oversight will be handled by Brian Sassi, WellPoint’s president of consumer business.
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The Lettermen/Indianapolis Children's Choir

December 8, 2010

Dec. 12
Warren Performing Arts Center

Add up the ages of any four of the Indianapolis Children's Choir singers and you may not reach the number of years that the Lettermen have been singing. For 50 years, various iterations of the group have been harmonizing, led by Tony Butala, who is still a part of the trio. Holiday songs are the focus this time, with the 80-member ICC in support. For more details, click here.

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Sales/acquisitions

December 7, 2010
-Living Water Fellowship Church bought a 38,000-square-foot building on five acres at 2902 E. 46th St. The price wasn’t disclosed. The buyer was represented by Rich Thomas of Dan Moore Real Estate. The seller, Avonlea Property LLC, was represented by Pat Boyle of Midland Atlantic.

-Heffernan Ventures bought a 3,000-square-foot industrial building at 7898 E. 88th St. The price wasn’t disclosed. The buyer was represented by Keith Dedrick of Corporate Commercial Group. The seller, David Galt of Galt Investments, represented himself.
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Leasing/leasing contracts

December 7, 2010
-Ascension Health Ministry Service Center. also known as Ascension Health, leased 92,000 square feet at Eleven Fortune Park. The tenant was represented by Bill Ehret and Katie Sobotowski of Summit Realty Group. The landlord, Eleven Fortune Park Limited Partnership, was represented by Ron Foster of Echelon Realty Advisors and by IBUS Asset Management, the limited partnership’s Washington, D.C.-based asset manager.

-Halakar Real Estate has been hired by Equicor Cos. to be the exclusive leasing agent for Waterplace Park, a 113,000-square-foot property at 8925-9011 N. Meridian St., and Fidelity Keystone Office Tower, a 37,000-square-foot building at 650 E. Carmel Drive, Carmel. Halakar’s Ashley Bussell, Ralph Balber and Todd Maurer will be in charge of leasing for the properties.

-Bycan-Sellen leased 12,806 square feet of industrial space at 7998 Centerpoint Drive. The landlord, ING Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.

-Sallie Mae Inc. leased 10,400 square feet of industrial space at 9900 Westpoint Drive, Nos. 118 and 120. The landlord, ING Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.

-EMP Technology Group LLC leased 8,120 square feet of industrial space at 15309 Stony Creek Way, Noblesville. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Gulf Shores LLC, was represented by Chris Black of CB Richard Ellis.

-A&F Engineering Co. LLC leased 7,560 square feet of office space at 8365 Keystone Crossing. The tenant was represented by Tim O’Connor of Prudential Indiana Realty Group. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.

-PrimeLending leased 6,216 square feet of office space at 9100 Meridian Square, 50 E. 91st St. The tenant was represented by Richard Trimpe of CB Richard Ellis. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.

-Stifel Nicolaus & Co.  leased 5,740 square feet at 8888 Keystone Crossing. The tenant was represented by Jay Stewart of Grubb & Ellis. The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Fall Creek Montessori Academy leased 5,400 square feet at 8888 Fitness Lane, Fishers. The tenant was represented by David Kiernan HR Realty Group LLC. The landlord, Midwest Properties, was represented by Keith Dedrick of Corporate Commercial Group.

-Educate Beyond All Barriers Inc. leased 5,200 square feet of industrial space at 2101 S. State Ave. The landlords, Norman and Dianne Meurer, were represented by Kelly Williams of Cassidy Turley. The tenant represented itself.

-10/01 leased 4,500 square feet of restaurant space at 1001 Broad Ripple Ave. The tenant was represented Michael Cranfill of Sitehawk Retail Real Estate. The landlord, 1001 Properties Inc., was represented by Gary Perel of UrbanSpace.

-Woodland Montessori Inc. leased 4,334 square feet of office space at 10305 N. Allisonville Road. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, JMH Properties LLC, was represented by Scott H. Lindenberg and Jason Challand of Echelon Realty Advisors.

-MS Consultants leased 3,627 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Svarczkopf of CB Richard Ellis.  The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.    

-American Society of Clinical Pathology leased 3,179 square feet at 8900 Keystone Crossing. The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.  

-Rimkus Consulting Group Inc. leased 3,021 square feet of office space at One College Park. The tenant was represented by Scott H. Lindenberg of Echelon Realty Advisors. The landlord, Zeller Management Co., represented itself.

-Patton & Associates leased 2,666 square feet at 9000 Keystone Crossing. The tenant was represented by Rob Chrisman of Bridge Real Estate Advisors Inc. The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.        

-Subway has entered a build-to-lease deal with Holladay Properties Inc., which will build a 2,100-square-foot free-standing restaurant on nine-tenths of an acre at 8240 Belfast Drive at the entrance to AmeriPlex Business Park. The landlord, Holladay, was represented by Ryan Zickler of Zickler Associates. The tenant represented itself.

-SC Hoskins and Co. leased 2,045 square feet at Franklin Professional Center, State Road144 and Westview Drive, Franklin. Both the tenant and landlord, Landmark Properties Inc., represented themselves.
 
-Pilates Indy Inc. leased 1,400 square feet at Greenwood Springs, 8028 S Emerson Ave. The landlord, Regency Realty Group Inc., was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Employment Plus Inc. leased 1,250 square feet of retail space in South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. The tenant and the landlord, HRCP Inc., were represented by Cathy Richards of Lee & Associates.

-Definitive Auto Sales LLC leased 1,250 square feet of retail space in South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. The tenant and the landlord, HRCP Inc., were represented by Cathy Richards of Lee & Associates.

-Hello Indiana LLC leased 800 square feet of retail space at 3119 W. 30th St.  The tenant and the landlord, DEWERCS One LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

-Service Master @ Your Service LLC leased 662 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.

-Lewis Legal Services leased 663 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.
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Housing

December 7, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity fell 16.5 percent for the week ended Nov. 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.56 percent from 4.5 percent the previous week. The rate for 15-year mortgages increased to 13.91 percent from 3.83 percent.
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