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Also this week

July 14, 2010

Lady Gaga, July 15 at Conseco Fieldhouse. Details here.

Brooks and Dunn, July 16 at Verizon Wireless Music Center. Details here.
 
Roger Schmelzer performs “Heartsongs: A Playfully Romantic Cabaret” July 17 at the Cabaret at the Columbia Club. Details here.

Evan Lurie Gallery presents its first ever "Photography Show," opening July 17, featuring works by William Rasdell, Tom Casalini and Kevin Raber.Details here.
 

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Sales/acquisitions

July 13, 2010
-JMMC LLC bought a 10,000-square-foot office building at 5155 N. Shadeland Ave. The price wasn’t disclosed. The buyer was represented by Mark Jones of Copesetic Investments. The seller, ONB Realty III, was represented by Keith Dedrick of Corporate Commercial Group.

-Indianapolis Resource Center for Independent Living Inc. bought a 4,000-square-foot medical office building at 5302 E. Washington St. The price wasn’t disclosed. The buyer was represented by Dave Trulock of Prudenhttps://admin.ibj.com/admin/article/workflow/claim?articleId=21048#tial Indiana Realty Group. The seller, Acme Specialties Inc., was represented by Keith Dedrick of Corporate Commercial Group.
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People

July 13, 2010
Teresa Hembree has joined Sitehawk Retail Real Estate as assistant controller.
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Construction

July 13, 2010
-D.B. Klain Builders LLC is building out a 5,600-square-foot tenant space for Wonder Ware at 8870 Guion Road. The project is scheduled to be completed by the end of this month.

-Commercial Team Construction LLC has been selected to build an 8,000-square-foot addition for American Coated Products at 7436 Mayflower Park Drive, Zionsville. The project is scheduled to be completed in late December.
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Housing

July 13, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity increased 6.7 percent for the week ended July 2, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.68 percent from 4.67 percent the previous week. The rate for 15-year mortgages increased to 4.11 percent from 4.06 percent.
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Leasing/leasing contracts

July 13, 2010
-The Kroger Co. leased 40,000 square feet at 254 S. Kitley. The tenant was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, Kitley AB Sydney LLC, represented itself.

-Ellis Enterprises LLC leased 10,000 square feet in the Raceway Industrial Park, 1305 W. 29th St., Anderson. The tenant and the landlord, Tower Anderson, were represented by Thomas Willey of Mathewson Willey Realty Advisors.

-CG Café leased 6,700 square feet in the Pavilion at Bargersville, 50 N. State Road 135. The owner/landlord, J&E Anderson, was represented by Shannon Hicks and Donna Hovey of CB Richard Ellis. The tenant represented itself.

-Indiana Compensation Rating Bureau leased 4,300 square feet at 5920 Castleway West Drive. The tenant was represented by Rick Trimpe of CB Richard Ellis. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.

-Financial Vision LLC leased 3,032 square feet of office space at 3500 Depauw Boulevard. The landlord, CP Pyramids Associates LP, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.

-Castleton Orthodontics Inc. leased 2,895 square of office space at 8140 Knue Road. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
 
-Prevail Prosthetics & Orthotics Inc. leased 2,500 square feet of office space at 8345 Clearvista Place. The tenant was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The landlord, Good Host LLC, was represented by Nick Arterburn of CB Richard Ellis.

-Simple Solutions Automation LLC leased 1,800 square feet of office space at 8847 Commerce Park Place. The landlord, Dhillon Commerce Park LLC was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.  

-PT Nails leased 1,400 square feet in The Shoppes at Buck Creek, 6485 Bluff Road. The landlord, PK/FRG I LLC, was represented by Shannon Hicks and Donna Hovey of CB Richard Ellis. The tenant represented itself.

-Tuchman Cleaners leased 1,200 square feet at Meijer Outlot Shops, 1424 W. Carmel Drive, Carmel. The tenant was represented by Stan Evans of RSE Realty Inc. The landlord, Terre Carmel East LLC, was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate.
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Company news

July 7, 2010
Roche Diagnostics, which runs its U.S. operations out of Indianapolis, has partnered with IBM to develop a DNA sequencer much faster and cheaper than current technology. Roche and IBM ultimately want to provide a test that performs whole genome sequencing for $100 to $1,000 per test. Such wide access could make genetic sequencing as standard as biopsies, for example, and then allow medical professionals to “personalize” medical treatment based on a person’s genes. As part of the agreement, Roche will fund continued development of the technology at IBM and provide additional resources and expertise through collaboration with Roche’s sequencing subsidiary, Maryland-based 454 Life Sciences. Roche will develop and market all products based on the technology.

Indianapolis-based insurer WellPoint Inc. said its California subsidiary will dial down rate hikes that drew national outrage earlier this year and helped spark a final push for health care reform, according to the Associated Press. WellPoint now plans to raise rates by 14 percent for California individual policyholders. It will cap rate hikes at 20 percent, even though the company said it would lose $100 million on the plans this year. In April WellPoint withdrew increases that averaged 25 percent—and topped out at 39 percent—after consumers and President Barack Obama expressed outrage. WellPoint defended the hikes by saying rising medical costs and healthy people dropping coverage during the recession were forcing it to raise rates. But an outside actuary also found math errors, which prompted last week’s reduction.

About $72 million in construction bids have been awarded so far for the new Wishard Hospital. The contracts total about 14 percent of the entire construction package for the $754 million project, said Matt Gutwein, president and CEO of Health & Hospital Corp. of Marion County, which owns the hospital. He said the new hospital is on schedule and slightly below budget. The 1.2-million-square-foot hospital will be built on 37 acres at the west end of the IUPUI campus. Bids that have been awarded include demolition work, as well as work on a parking garage, the hospital’s foundation and utilities. Wishard hopes to award all contracts by January.
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"Reasons to be Pretty"

July 7, 2010

July 8 to Aug. 1
Phoenix Theatre


After earning a name for himself as a film writer/director (“In the Company of Men,” “Nurse Betty”) and as a playwright off-Broadway (“Fat Pig,” “The Mercy Seat”), former IPFW teacher Neil LaBute made his Broadway debut with his play “Reasons to be Pretty,” about a warehouse worker who discovers the danger of saying what he means—particularly when it comes to his girlfriend’s appearance.

Its local premiere stars Ryan Artzberger, a familiar face to Indy theater-goers, who recently led a Washington, D.C., production of the play to a twice-extended run. Having seen the piece in New York, I’m even more stoked to see it in a more intimate production at the Phoenix. Details here.
 

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Darius De Haas

July 7, 2010

July 9-10
Cabaret at the Columbia Club

One of the pleasures of a lifetime of theater-going is seeing a relatively unknown performer, being wowed, making a mental note of his or her name, then seeing how the talent evolves.

I was first knocked out by Darius de Haas when he played dual roles in the Paper Mill Playhouse production of Stephen Schwartz’s “Children of Eden.” While I expected a long list of theater credits to follow, de Haas instead turned his career primarily to concert stages and cabarets, with a specialty in the jazz music of Billy Strayhorn. When he comes to Indy this weekend, De Haas will spend one set returning to his Broadway roots (his credits include “Rent” and “Carousel”) and another focusing on the music of Stevie Wonder. Details here.
 

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Tom Chapin

July 7, 2010

July 10
White River State Park

 
This year’s Family Arts Series at White River State Park continues with family-music favorite Tom Chapin, whom some might remember as host of the TV show “Make a Wish.”

Chapin will sing songs from his kid-friendly albums, but he’s also expected to mix in more grown-up material, including songs penned and popularized by his late brother, Harry Chapin. Local group The Grimes Girls open the show. The concert is free and picnicking is encouraged. Detail here.

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Famous Monsters Convention

July 7, 2010

July 9-11
Wyndham Indianapolis-West

The movie fan magazine Famous Monsters of Filmland, which inspired the likes of directors Stephen Spielberg and John Landis, recently emerged from bankruptcy and has been relaunched.

What does this have to do with Indianapolis? Well, the new crew has decided to add a convention to its publication offerings and they’ve chosen Indianapolis as the location. Guests include actors Thomas Jane (“The Mist”), William Forsythe (“The Devil’s Rejects”), Ernie Hudson (“Ghostbusters”), local TV legend Sammy Terry, and reunions of cast members from George Romero’s Living Dead movies. Details here.
 

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Also this week:

July 7, 2010

At Conner Prairie Amphitheatre, the Indianapolis Symphony Orchestra is joined July 9-10 by singer Jim Curry for “The John Denver Songbook.” Details here.

O.A.R. is joined by Citizen Cope for a July 8 concert at the Lawn at White River State Park. Details here.
 
Tom Petty performs July 10 at Verizon Wireless Music Center. Details here.
 
Indiana Black Expo gets an early start with the IBE Black Film Festival, July 10-11 at the Tobias Theatre at the Indianapolis Museum of Art. Details here.
 
The American Pianists Association present 2006 APA Classical Fellowship Awards Finalist Mei-Ting Sun at the Rathskeller July 11. Details here.

The husband/wife team Christian and Katalina present  "Mind Tripping Show" at the Hilton Indianapolis Hotel and Suites, beginning  July 9. Details here

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Famous Monsters Convention

July 7, 2010

July 9-11
Wyndham Indianapolis-West

The movie fan magazine Famous Monsters of Filmland, which inspired the likes of directors Stephen Spielberg and John Landis, recently emerged from bankruptcy and has been relaunched.

What does this have to do with Indianapolis? Well, the new crew has decided to add a convention to its publication offerings and they’ve chosen Indianapolis as the location. Guests include actors Thomas Jane (“The Mist”), William Forsythe (“The Devil’s Rejects”), Ernie Hudson (“Ghostbusters”), local TV legend Sammy Terry, and reunions of cast members from George Romero’s Living Dead movies. Details here.
 

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Leasing/leasing contracts

July 6, 2010
-Cyrca leased 9,175 square feet at 9100 Keystone Crossing. The tenant was represented by Ryan Menard of Seven Development. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Highland Capital Brokerage Inc. leased 5,652 square feet at 8900 Keystone Crossing. The tenant was represented by Jay Gehl of Hokanson Cos. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
 
-Meyer Plastics Inc. leased 5,000 square feet at 5902 E. 34th St. The tenant was represented by Conrad Jacobs of Halakar Real Estate. The landlord, Greystoke Capital, was represented by Greystoke’s Jon Shope.

-Guggenheim Life & Annuity Co. leased 3,650 square feet at 8425 Woodfield Crossing. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate. The landlord, Woodfield II & III LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.

-Simply Fashion Stores Ltd. leased 3,500 square feet at Cherry Tree Plaza, 9711 E. Washington St. The tenant was represented by Keith Stark of Situs Realty. The landlord, Sandor Development, was represented by Sandor’s Jamison Downs.

-La Hacienda Mexican Restaurants leased 2,500 square feet at College Park Plaza, 86th Street and Michigan Road. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.

-Panda Express leased 2,254 square feet at Westside Center, 531 W. 11th St. The tenant was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The landlord, Westside Development Corp., was represented by John Schick of The Broadbent Co.

-Star Benefit Associates Inc. leased 1,750 square feet of office space at 8060 Knue Road. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.

-Younique Boutique LLC leased 1,411 square feet at Rockville Station, 9261 E U.S. Highway 36, Avon. The landlord, Rockville Station LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Nu Growth Beauty Salon leased 1,600 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.

-When Eddie Met Salad leased 1,087 square feet at Illinois Street Garage, 139 N. Illinois St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, MT Acquisitions LLC, was represented by Allison Tiefel and Bill French of Cassidy Turley.

-The ground lease for the former Donatos Pizza location in Nora, 1305 E. 86th St., has been assigned to Key Bank. Donatos was represented by Jeff Hubley of Midland Atlantic. Key Bank was represented by Ezra Burdix of DTM Commercial Real Estate.
 
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Housing

July 6, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity increased 8.8 percent for the week ended June 25, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.67 percent from 4.75 percent the previous week. The rate for 15-year mortgages decreased to 4.06 percent from 4.19 percent.
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Construction

July 6, 2010
-TMG Construction Management Inc. has been hired to rebuild a Texas Roadhouse restaurant at 1405 N. Shadeland Ave. that was destroyed by fire earlier this year. Construction of the 7,342-square-foot restaurant is scheduled to be completed in September.

-Shamrock Builders is building out space for D.L. Lowry Salon at 4907 N. Pennsylvania St. The project is scheduled to be completed by the end of August.
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People

July 6, 2010
Rick White has joined Keystone Construction as superintendent.
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People

June 30, 2010

Katz Sapper & Miller LLP hired Grant D. Byers as a director in its health care resources group. Byers will lead the Indianapolis accounting firm’s efforts to assist hospitals and multi-provider systems obtain higher reimbursement from payers and improve their financial performance.

Isaac M. Willett has joined Indianapolis law firm Baker & Daniels LLP’s health care and life sciences group. Willett, who earned his law degree at Indiana University in Indianapolis, formerly practiced at Indianapolis-based Bingham McHale LLP.

Dr. Stephen Eric Rubenstein has joined St. Francis Medical Group Oncology & Hematology Specialists. Rubenstein, who earned his medical degree at Tel Aviv University Ramat Aviv, previously practiced in Fort Lauderdale, Fla.

Dr. David O. Kovacich has been selected as assistant medical director of cardiovascular practices for St Francis Medical Group.
 

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Company news

June 30, 2010

Eli Lilly and Co. released a raft of studies Monday about its newest diabetes medicines, Byetta and its once-weekly cousin Bydureon, which has yet to win market approval from regulators. The upshot of the studies: Patients have lower blood-sugar levels on Bydureon than those on competing drugs or, if they don’t, they lose more weight on Bydureon. Also, Lilly and its development partner on Byetta, Amylin Pharmaceuticals Inc., issued a study of 25,000 patients that concluded the drug causes inflammation of the pancreas no more than other diabetes medicines. In late 2009, the U.S. Food and Drug Administration publicized and raised concerns over a few patients who died of pancreatitis while on Byetta, but did not conclude the drug causes pancreatitis. Meanwhile, at least one analyst predicted Indianapolis-based Lilly would acquire San Diego-based Amylin in the next two or three years.

Good news for orthopedic implant companies: Industry bellwether Biomet Inc. recorded a 10-percent spike in sales during the three months ended May 31, the Warsaw-based company announced Monday. Its peers, including Warsaw-based Zimmer Holdings Inc., will report their financial results about a month from now. Biomet enjoyed strong sales growth in its bread-and-butter hip and knee replacements. Hip sales rose 10 percent and knee sales jumped 15 percent. Sales were boosted by about 2 percent due to favorable foreign exchange rates compared with a year ago. Sales for the quarter totaled $703 million, up from $639 million during the same quarter a year ago.

WellPoint Inc. expects the health insurance market to become an “oligopoly,” according to a presentation by the company’s vice president of investor relations. Michael Kleinman told investors last week in Boston that the health reform law is moving the industry even more quickly toward dominance by just a few players. “There are going to be smaller insurers that are not going to be able to survive in this marketplace,” he said. Indianapolis-based WellPoint already insures 33 million Americans, or about one in nine. The company’s chief financial officer, Wayne DeVeydt, said previously that he expected to be able to acquire smaller insurers, but not until after health reform fades a bit as a political issue.


 

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Leasing/leasing contracts

June 29, 2010

-Choices Inc. renewed its lease for 22,593 square feet in Willowbrook IV, 4701 N. Keystone Ave. The tenant was represented by Taggart Birge of Cornerstone Companies Inc. The landlord, Visiting Nurse Services Inc., was represented by Bill Ehret and Katie Gray of Summit Realty Group.  

-Buffalo Wild Wings leased 6,400 square feet at Green Street Square, 1551 N. Green St., Brownsburg. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Cranfill Development, was reprhttps://admin.ibj.com/admin/article/workflow/claim?articleId=20571#esented by Michael Cranfill.

-Classic Fashions leased 4,200 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Jamison Downs of Sandor. The tenant represented itself.

-Western Governors University leased 3,841 square feet of office space at Market Tower, 10 W. Market St. The tenant was represented by Darrin Boyd of Cassidy Turley. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Andrew D. Martin of Cassidy Turley.

-Sweet & Savory Inc. leased 3,100 square feet at 4335 106th St., Suite 700, Carmel. The tenant was represented by Ronald H. Bell of Colliers International. The landlord, Lawndale Plaza LLC, was represented by Paul Rogozinski of Veritas Realty.

-Customized Energy Solutions leased 2,555 square feet at 912 Rangeline Road, Carmel. The tenant was represented by Matt Jackson and Joe Lonnemann of Halakar Real Estate. The landlord, B&D Carmel Properties LLC, was represented by Paul Dick of Colliers International.

-Bachia Electronics leased 2,000 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.

-China Garden leased 1,219 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.

-National Semiconductor Corp. leased 1,841 square feet at Three Meridian Plaza, 10333 N. Meridian St., Carmel. The tenant was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, ARI Commercial Properties,  represented itself.

-NASCO Industries Inc. leased 1,500 square feet at Library Park, 1701 Library Blvd., Greenwood. The tenant was represented by Keith Turnbill of Re/Max Select. The landlord, Ennis Co., was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.  

-Delta Environmental Consultants Inc. leased 1,495 square feet of office space at 6435 Castleway West Drive. The tenant was represented by Dustin McFarland of Mohr Partners. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.

-Hull & Associates leased 1,982 square feet of office space at 6435 Castleway West Drive. The tenant was represented by Dustin McFarland of Mohr Partners. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.

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People

June 29, 2010
Mike Schmidt has joined Exit Realty One, Greenwood, as an agent.
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Construction

June 29, 2010
-Kort Builders has completed a 12,000-square-foot office space remodel for Armed Forces at 1102 East Stop 11 Road.
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Housing

June 29, 2010
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 5.9 percent for the week ended June 18, according to the Mortgage Bankers Association. The rate for 30-year mortgages decrased to 4.75 from 4.82 percent the previous week. The rate for 15-year mortgages decreased to 4.19 percent from 4.23 percent.
                
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Eric Clapton/Roger Daltrey

June 29, 2010

July 2
Verizon Wireless Music Center

Two music legends team up on this tour. And, yes, Clapton has been playing “I Shot the Sheriff,” “Wonderful Tonight,” “Cocaine” and “Layla.” And Daltry has been performing hits by The Who. Details here.
 

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Indianapolis Symphony Orchestra's "Star-spangled Symphony"

June 29, 2010

July 2-4
Conner Prairie Amphitheatre

There’s enough firepower in those Conner Prairie cannons for a three-day celebration of Independence Day. Alfred Savia leads the Indianapolis Symphony Orchestra for performances of music from “The Patriot” and “Gettysburg” and, of course, the “1812 Overture.” Assistance will be provided by Indiana Supreme Court Chief Justice Randall T. Shepard on the Gettysburg Address, re-enactors from the Indiana Society of the Sons of the American Revolution, a Civil War honor guard, and the 163rd Field Artillery Unit of the Indiana National Guard. And baritone Daniel Narducci. And fireworks. 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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