newsletter.story

Clarification

July 28, 2010

Clarian Health won approval to extend its network of contracted providers to 15 new counties as part of an expansion of its Medicare Advantage insurance plan for seniors. A story in last week's Health Care & Reform Weekly implied the geographic expansion was part of a different Clarian effort to launch a new health insurance plan for employers.

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Sales & acquisitions

July 27, 2010
-Bryton Corp. bought a 13,500-square-foot building at 4011 Championship Drive in Park 100. The price wasn’t disclosed. The buyer was represented by Ted McClure of McClure Commercial Real Estate. The seller, US Centrifuge, was represented by Keith Dedrick of Corporate Commercial Group.

-Circle City Rebar LLC bought a 16,855-square-foot light manufacturing building located at 4002 Industrial Blvd. The price wasn’t disclosed. The buyer was represented by Bill Brennan of Grubb & Ellis Harding Dahm & Co. The seller, K&E Properties LLC, was represented by Kevin Kempf and Patrick Lindley of Cassidy Turley.

-Shriya Properties Inc. bought a 7,000-square-foot office building at 6960 Gray Road. The price wasn’t disclosed. The buyer was represented by Diana Elmore of Turtle Creek Realty. The seller, Patels N Amin Inc., was represented by  Bob Lindgren and Rick Jones of Grubb & Ellis Harding Dahm & Co.
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Leasing/leasing contracts

July 27, 2010
-Jones Lang LaSalle has been named exclusive leasing and management agent for Meridian Corporate Plaza One and Two, at 301 and 401 Pennsylvania Parkway, by Inland American Real Estate Investment Trust. The 66,000-square-foot Meridian Corporate Plaza One is vacant. The other building, at 135,500 square feet, is 96-percent leased. John Robinson and Adam Broderick will oversee leasing and Jeff Reynolds will oversee management of the buildings.

-Earnest Machine leased 89,719 square feet at 5130 West 76th St. The tenant was represented by Dustin Looper of Colliers International. The landlord, Duke Realty, represented itself.

-Durham School Services leased 24,000 square feet and eight acres at 1777 S. Belmont Ave. The tenant was represented by Mark Stephenson of Sigma Group.  The landlord, Belmont Terminal Inc., represented itself.

-Coinmach Inc. renewed its lease for 20,000 square feet at 2450 N. Shadeland Ave. The landlord, Shadeland South Business Park LLC, was represented by Mark Stephenson of Sigma Group. The tenant was represented by Latt Purser & Associates of North Carolina.

-Durham School Services leased 9,600 square feet and six acres at 2525 N. Shadeland Ave. The tenant was represented by Mark Stephenson of Sigma Group.  The landlord, Western Select Properties LP, was represented by Greg Folz and Michael Weishaar of Cassidy Turley.

-Cellular Connection leased 4,235 square feet at Greenwood Springs, 1133 N. Emerson Ave., Greenwood. The tenant was represented by Jamison Downs of Sandor. The landlord, Regency Realty Group Inc., was represented by Keith Fried of Sitehawk Retail Real Estate.

-Infinias LLC leased 4,098 square feet at 857 W. Carmel Drive in the Carmel Tech Center. The tenant was represented by Thomas Willey of Mathewson Willey Realty Advisors. The landlord, Atapco Properties, was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.

-Wha-Laa Coupons LLC leased 3,000 square feet at 5155 N. Shadeland Ave., Suite 200. The tenant and landlord, JMMC LLC, were represented by Keith Dedrick of Corporate Commercial Group.

-Traders Point Creamery leased 1,800 square feet at Park 100 Industrial Center, Building 30. The tenant was represented by Ross Reller of Colliers International. The landlord, Prologis, represented itself.

-Madame Royale LLC leased 1,750 square feet at Southport Pavilion, 5325 E. Southport Road. The landlord, Southport Pavilion LLC, was represented by Donna Hovey and Shannon Hicks of CB Richard Ellis. The tenant represented itself.

-tHAIRAPY Hair Salon leased 1,600 square feet at 5537 E. Washington St. The landlord, 5535 E. Washington Associates, was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.
 
-Roll With It Bakery LLC, leased 1,600 square feet at 5539 E. Washington St.  The landlord, 5535 E. Washington Associates, was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.

-3 Angel’s Haircare & Beauty Supply leased 1,400 square feet at Shadeland Corner Shopping Center, 4554 N. Shadeland Ave.  Keith Kleinmaier of Retail Realty represented the landlord, Shadeland Center LLC. The tenant represented itself.

-Estetica Adela’s leased 1,200 square feet at Plaza Las Palmas, 3350 N. High School Road.  The tenant was represented by Kelli Membreno of Libertad Real Estate. The landlord, Pentak LLC, was represented by Keith Kleinmaier of Retail Realty.
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People

July 27, 2010
-Craig Hays has joined CBRE’s Valuation & Advisory Services team as a senior appraiser.

-Rosemary Seaborne has joined Exit Realty One, Greenwood, as an agent.

-Jodi Milto has joined Midland Atlantic as a retail specialist.
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Construction

July 27, 2010
TMG Construction Management Inc. has started construction on a tenant build-out at 15 S. Main St., Zionsville, for Prudential Indiana Realty Group.
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Housing

July 27, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity increased 7.6 percent for the week ended July 16, according to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 4.59 percent from 4.69 percent the previous week. The rate for 15-year mortgages dropped to 4.05 percent from 4.12 percent.
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People

July 21, 2010

Hendricks Nephrology Associates opened recently in a medical office building on the Danville campus of Hendricks Regional Health. Dr. Robert Fialkow and his son, Dr. Jared Fialkow, will treat patients with kidney problems.

Batesville-based Hill-Rom Holdings Inc. hired Martha Goldberg Aronson as president of its North American division. Aronson, who will start Aug. 2 at the maker of hospital beds and furniture, most recently headed business units at Minnesota-based Medtronic Inc.

Hill-Rom also hired Perry Stuckey as chief human resources officer. He was most recently vice president of human resources at Wisconsin-based Rockwell Automation. Stuckey also starts Aug. 2.

CEO Jim Bickel and his fellow executives at Columbus Regional Hospital were named the top leadership team for community and midsize hospitals by Massachusetts-based HealthLeaders Media, which publishes a magazine for health care executives.
 

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Company news

July 21, 2010

It may be the health care world’s version of a popularity contest, but it’s still fairly prestigious. It’s the annual U.S. News & World Report ranking of hospitals. Eleven clinical programs at Clarian Health and the Indiana University School of Medicine were ranked among the top 50 programs nationally. The rankings focus on high-volume hospitals and are driven in large part by reputation surveys. No other Indiana-based hospitals were named to the list. Clarian placed 13th for urology; 14th in gastroenterology; 25th in both geriatrics and ear, nose and throat; 29th in orthopedics; 32nd in lungs; 38th in kidneys; 40th in neurology and cancer; 48th in diabetes; and 49th in cardiology.

In the latest online matchmaking service, Bloomington-based Cook Medical and Indiana University have created an online portal where medical inventors and health care entrepreneurs can find each other. The website, i2iconnect.org, allows users to search a database of medical companies by keywords or disease categories. i2iconnect is partly supported by a stimulus grant from the National Institutes of Health to the Indiana Clinical and Translational Sciences Institute, which is based in Indianapolis. In 2008, the Indiana Economic Development Corp. tried to start a similar portal for entrepreneurs of all kinds.

Indianapolis-based BioCrossroads, a life sciences business development group, received a $1.25 million grant from the Richard M. Fairbanks Foundation, also based in Indianapolis. Fairbanks gave BioCrossroads $2.5 million to fund various educational and public health efforts.

Eli Lilly and Co. told employees July 15 that it’s cutting 340 information technology positions in Indiana as part of its march toward 5,500 job cuts by the end of 2011. The Indianapolis-based drugmaker eliminated 140 IT jobs in June through retirements, resignations and some cuts. Another 115 cuts will be made this month, and the remainder by the end of the year, according to an e-mail from Janice Chavers, a Lilly spokeswoman. All displaced workers will get a few months to find another job within Lilly, although those opportunities are few. Workers who leave Lilly will receive severance based on their pay grade and time served with the company. Lilly employs about 1,250 IT workers in the United States.

Three Indianapolis hospital systems were named “most Wired” hospitals by Hospital & Health Networks magazine. Clarian Health, Community Health Network and the Roudebush Veterans Affairs Medical Center all made the list of the top 100 hospital systems in the country using information technology to boost quality, customer service, safety and business operations.

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"A Funny Thing Happened on the Way to the Forum"

July 21, 2010

July 22-Aug. 7
Athenaeum


I could sit at the typewriter for a year without coming up with a better description of the musical “A Funny Thing Happened on the Way to the Forum” than the one contained in its own opening number. In “Comedy Tonight,” the cast sings “No Trojan horse. No royal curse. And a happy ending of course.”
It also says “Bring on the liars, lovers and clowns.”

And “Morals tomorrow, comedy tonight.”

The show, subtitled, “A scenario for vaudevillians,” contains arguably the funniest musical book ever (co-written by Larry Gelbart, of “Tootsie” and TV’s “M*A*S*H) and a remarkably playful score by Stephen Sondheim.

Here, in the role made famous by Nathan Lane, will be actress Claire Wilcher. This won’t be the first time a woman has played the role of Pseudolus, the enterprising slave who sets the ancient-Roman-by-way-of-vaudeville plot in motion in “Forum.” Whoopi Goldberg inherited the part from Nathan Lane in the most recent Broadway incarnation. Wilcher leads a cast that includes familiar locals Scot Greenwell and Karlton D. Turner. Details here.
 

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Indianapolis International Film Festival winners

July 21, 2010

July 25
Indianapolis Museum of Art


The final day of the Indianapolis International Film Festival is reserved for a screening of each of the features and shorts in the Documentary, World Cinema and American Spectrum categories picked by their respective juries as the best in its category. The Audience Award winners, too, will be screened.
What are those films? I’m sworn to secrecy (but I’ll tell you that the winners I know about will make for a terrific day of moviegoing).

The winners will be announced at the Saturday Eve. party, at Creation Café. For IBJ’s reviews of this year’s films,click here. For details on the festival and the final day of screenings, click here.
 

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Ensemble Viscera

July 21, 2010

June 26
Indiana History Center


The Indianapolis Early Music Festival presents a free outdoor concert with Ensemble Viscera. The family-friendly show focuses on music that Henry VIII and Elizabeth I would have grooved to. Details here.
 

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Devo

July 21, 2010

July 26
The Vogue

Once upon a time, in the 1970s, disco ruled the airwaves. Which meant that, when you went to a dance at your school, the majority of students stuck to the walls while a few Travolta-wannabees went out and did their thing. It was fun for the few, but a boring time for those along the wall.

Then came Devo, with songs like “Whip It” and a flipped-out cover of “Satisfaction.” And suddenly, skill didn’t matter. The dance floor welcomed those who could do no more than bounce around.

A problem came along, and Devo whipped it.

Details on the concert, which includes four of the five core members of the band, here.
 

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Vintage Movie Night

July 21, 2010

July 24
Garfield Park


The night starts early at this month’s installment, with an 1880s baseball game featuring the Indianapolis Hoosiers. What does that have to do with movies? Well, the evening’s cinematic entertainment includes Buster Keaton’s “One Run Elmer,” concerning a business rivalry that leads to a baseball game climax.

Also on the bill: Keaton’s “The Three Ages,” which will be accompanied by an original score by the Indianapolis band Tonos Triad. Details here.
 

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Also this week

July 21, 2010

Debra Mullins performs “Can’t Live Without It,” a cabaret mix of standards, blues and jazz, July 22 at the Indiana History Center as part of its Concerts on the Canal series. Details here.

Beef & Boards Dinner Theatre presents “Church Basement Ladies,” July 22-Sept. 3 Details here.

Chicago and The Doobie Brothers perform, July 22 at Verizon Wireless Music Center. Details here.

Jack Johnson takes the stage, July 23 at Verizon Wireless Music Center. Details here.

Angela Brown premieres her show “Opera from A Sistah’s Point of View,” July 30 at IU Musical Arts Center. Details here.

Dance Kaleidoscope offers a free performance as part of the Family Art Series, July 23-24 at White River State Park. Details here.

Summer Stock Stage presents “Ragtime,’ July 22-25 with a local teen cast, at Park Tudor School. Details here.

The Artists’ Studio presents a youth production of “Hair,” through July 24. Details here.

Singer/songwriter Brandi Carlisle teams up with the Indianapolis Symphony Orchestra, July 23-24 at Conner Prairie Amphitheatre. Details here.

The Indianapolis Museum of Contemporary Art presents a free screening of “Building for Meaning: The Architecture of Evans Woollen,” July 23 at the Murphy Arts Center in Fountain Square. Details here.
 

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Sales/acquisitions

July 20, 2010
-Polaris Commercial Investments purchased a 25,000-square-foot office building at 5455 W. 86th St. The price wasn’t disclosed. The buyer was represented by Scott H. Lindenberg of Echelon Realty Advisors. The seller, Riversource REO 1 LLC, was represented by Jim Logan of Colliers International.

-Hana BK LLC paid $960,000 for a 2,675-square-foot, freestanding building at 2122 E. 10th St. that houses a Burger King Restaurant. The buyer was represented by Kevin McCrann and Thomas McConnell of the New Jersey office of Marcus & Millichap Real Estate Investment Services. The seller, TI Investments LLC, was represented by Brian T. Southworth and Nathan D. Whalen of Marcus & Millichap’s Indianapolis office.
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Leases/leasing contracts

July 20, 2010
-Turf Solutions leased 11,700 square feet at 10080 E. 121st St., Suite 130, Fishers. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The building owner, Fishers Ridge LLC, was represented by Darrin Boyd of Cassidy Turley.

-Spectrum Health Systems leased 6,042 square feet at 8200 Haverstick Road.  The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.

-Leland’s Fireplace & Patio leased 5,600 square feet at The Pavilion at Castleton, 5999 E. 86th St. The landlord, Stough Associates LP, was represented by Mark Perlstein of Sitehawk Retail Real Estate. The tenant represented itself.

-Fairway Independent Mortgage renewed a 4,530-square-foot lease at 8200 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.

-The Vitamin Shoppes leased 3,600 square feet at Washington Square Commons, 10110 E Washington St. The tenant and landlord, Thompson Thrift Development Inc., were represented by Mark Perlstein of Sitehawk Retail Real Estate.

-Aspen Dental leased 3,400 square feet at Washington Square Commons, 10110 E. Washington St. The tenant and landlord, Thompson Thrift Development Inc., were represented by Mark Perlstein of Sitehawk Retail Real Estate.

-Crandall’s Fish, Chicken & Shrimp leased 3,125 square feet at 8855 Pendleton Pike. Ron Mannon and Scott Herider of Grubb & Ellis Harding Dahm & Co. represented the landlord, North Winthrop Commons Inc. The tenant represented itself in the transaction.

-Chicago Title Insurance Company renewed a 3,096-square-foot lease at Smith Valley Professional Center, 1642 W. Smith Valley Road, Greenwood. The tenant was represented by Orion Realty Group of California in cooperation with Russell VanTil and Jon Owens of Cassidy Turley. The landlord, LSTR LLC, was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.

-JDR Solutions renewed a 2,641-square-foot lease at 8250 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.

-Maribeth Smith & Associates Inc. leased 1,997 square feet at  32 E. Washington St. The landlord, Indiana Symphony Society Inc., was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.

-K.B. Parrish & Co. LLP leased 1,440 square feet of office space at 6515 E. 82nd St. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.

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People

July 20, 2010
-Kristina Ehret has joined RE/MAX Legends Group in Indianapolis as an agent.

-Matthew Gunning and Mike Wheeler have joined RE/MAX Excel in Avon as agents.
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Construction

July 20, 2010
TMG Construction Management Inc. has been hired to build out a 1,200-square-foot space for Excercise Inc. at 1430 N. Green St., Brownsburg.
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Housing

July 20, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity fell 2.9 percent for the week ended July 9, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.69 percent from 4.68 percent the previous week. The rate for 15-year mortgages increased to 4.12 percent from 4.11 percent.
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Company news

July 14, 2010

Medical device maker Biomet Inc. plans an expansion of its northern Indiana facilities that could add about 280 jobs, according to the Associated Press. Company officials have discussed the plan with Kosciusko County officials as they've sought tax breaks on the $26 million project. Biomet attorney Richard Helm says the expansion in Warsaw would retain about 80 jobs and lead to some manufacturing being moved there from New Jersey. The project would also expand Biomet’s Warsaw distribution center.

Eli Lilly and Co. will cut 170 jobs—mostly in Indianapolis—from its manufacturing and quality division by the end of the year as it continues its efforts to slim down before losing revenue from patent expirations on its bestselling drugs. The Indianapolis-based drugmaker’s latest move will cut nearly 5 percent of its 3,600-person manufacturing work force in the United States. Lilly will ask for voluntary departures, but it also will eliminate the jobs of others involuntarily. Some jobs have already been eliminated through attrition. Lilly has announced nearly 2,000 job cuts toward its goal of 5,500 cuts, which the company set in September. The company is also trying to eliminate $1 billion in annual expenses by the end of 2011. At that time, it hopes to have a worldwide staff of about 35,000. It currently employs 12,400 in Indiana.

Hundreds of patients will be shifted from Indiana's state psychiatric hospitals into community-based care under a plan that officials say will eliminate more than 500 jobs, according to the Associated Press. The biggest changes and the layoffs will come at the Logansport and Richmond state hospitals, while units at the Evansville and Madison hospitals will be converted to care for those with serious mental illnesses. The moves by the Indiana Family and Social Services Adminstration are expected to reduce the number of patients at the six state hospitals by about 30 percent and save $15 million a year. The Logansport State Hospital will have 355 of its 900 workers laid off and 80 vacant positions eliminated. The Richmond State Hospital will lose 106 of its 600 workers.

A medical device company is seeking a property-tax abatement to offset costs associated with a $1.1 million expansion of its facility at 3735 N. Arlington Ave. in Indianapolis. New York-based Greatbatch Medical Inc. expects to create eight jobs at an average wage of $12.75 an hour and retain 146 jobs at an average wage of $14 an hour, according to the abatement request. Greatbatch specializes in cardiovascular products but is expanding into the orthopedics market, which is prompting the expansion, the company said.

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People

July 14, 2010

Kathryn Jane Jones will become chairwoman of the department of anatomy and cell biology at the Indiana University School of Medicine on Jan. 1. Jones is presently director of the Neuroscience Institute at the Stritch School of Medicine at Loyola University-Chicago. She is also president of the American Association of Anatomists.

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Indianapolis International Film Festival

July 14, 2010

July 15-25
Indianapolis Museum of Art

 
I’ve already shared my thoughts on just about every movie in this year’s Indianapolis International Film Festival (if you missed the IBJ story, just click here. In short: There’s outstanding work to be seen across a wide range of genres and production budgets.

But the films themselves, while a core part, aren’t the only elements of the festival. IIFF also includes parties—an opener at Forty Five degrees after the July 15 screening of “Barry Munday” and a closer at Creation Café after the July 24 screening of “Skateland.” And there are panel discussions, including sessions on filmmaking, social issues on screen, and movie criticism (I’ll be involved in two of those).

Plus there’s the intangible camaraderie—the sense that you can strike up a conversation with just about anyone about the film you just saw or the one you are going to walk into—that is the lifeblood of a film festival. For more details and a complete schedule, click here.
 

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Science Fiction Spectacular

July 14, 2010

July 16-17
Conner Prairie Amphitheatre


Some of the most familiar symphonic music in the world today is the themes from science fiction and fantasy films. Whether original (John Williams’ “Star Wars” music) or indelibly repurposed (the Strauss music used in “2001: A Space Odyssey”), the special-effects-laden images are made even more special by outstanding music.

It’s that music that will be celebrated on the prairie this weekend when the Indianapolis Symphony Orchestra is joined by the original Mr. Sulu from “Star Trek,” George Takai, soprano Kristen Plumley, and the Indianapolis Symphonic Choir. Takai’s duties include narration from the science-fiction classic “The Day the Earth Stood Still.” Details here.
 

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Lilith Fair

July 14, 2010

July 20
Verizon Wireless Music Center


With so many performers in and out of the lineup depending on schedules, Lilith Fair isn’t quite the same fair from city to city. The version visiting Verizon Wireless Music Center includes Mary J. Blige, Sarah McLachlan, Suzanne Vega, Kate Nash, 2/3 of the Dixie Chicks under the name Courtyard Hounds, first-time-at-the-fest 18-year-old Cara Salimando and local talent-search winners Amanda Lucas and Audrey Cecil. Details on the full Indy lineup here.

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Summer Celebration

July 14, 2010

June 18
Various locations


Teena Marie, Keith Sweat and Zapp perform in the annual free concert on American Legion Mall that caps Indiana Black Expo’s Summer Celebration. That may be the most visible of the arts and entertainment events, but there’s also a concert at the Indiana Convention Center July 17 with Chubb Rock, Rob Base, DJ Kool and Dru Hill, a Teen Bling Concert the same day at Conseco Fieldhouse with Lloyd, Dondria and Durrough and more, and, at the Convention Center, visual arts presentations, readings (including one by Pam Grier) and more throughout the weekend at the Cultural Arts Pavilion. Details here.
 

 

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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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