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Leases/leasing contracts

October 2, 2012
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-Connecticut Electric Inc. leased 33,500 square feet of industrial space at 1819 W 38th St., Anderson. The tenant and landlord, Duo Co., were represented by Thomas Willey of Willey Commercial Real Estate.

-Mini Blessings Childcare Ministry leased 12,000 square feet at Emerson Way Shopping Center, 5410 Emerson Way. The tenant was represented by Joe Lonneman of Ambrose Property Group. The landlord, Emerson Way LLC, was represented by Tracey Holtzman of Midland Atlantic Properties.

-Half Price Books leased 8,800 square feet at Clearwater Village, 4611-4737 E. 82nd St.  The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.

-Horizon Bank leased 7,040 square feet of office space at 117 E. Washington Street, Indianapolis. The tenant was represented by John Crisp of Cassidy Turley. The landlord, The Broadbent Co., was represented by Josh Broadbent.

-Prime Lending leased 6,216 square feet of office space at 50 E. 91st St. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.

-Transition Resources Corp. leased 3,800 square feet of office space at 600 Corporation Drive, Pendleton. The tenant and landlord, Tower Pendleton LLC, were represented by Thomas Willey of Willey Commercial  Real Estate.

-Accelerated Health Systems LLC leased 3,545 square feet at Raceway Crossing, 10934-10976 E. U.S. 36, Avon.  The tenant was represented by Jonathan Sharp at HSA Commercial Real Estate.  The landlord, Broadbent Co., was represented by Brian Broadbent.

-ATI Physical Therapy leased 3,305 square feet of retail space at 433 N. Capitol Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, American United Life Insurance Co., was represented by Jacque Haynes and Don Williams of Cassidy Turley.

-Detour American Grille Express leased 3,200 square feet at Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Rob Warstler at Colliers International. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.

-Bi Qin Shao leased 3,154 square feet at Pyramid Place Shoppes, 3502  W. 86th St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Centre Properties, was represented by Dean Almas of Sitehawk Retail Real Estate.

-Snap MyLife Indianapolis leased 2,917 square feet of office space at 8335 Allison Pointe Trail. The tenant was represented by David Black of Cresa Partners. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.

-Get Real Sports Sales leased 2,695 square feet of office space at 550 Congressional Blvd., Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Trigild, was represented by Rich Forslund of Summit Realty Group.

-Fugi Foot Spa leased 2,400 square feet at Greenwood Place, 7551-7747 S. Shelby St. The tenant was represented by Itamar Cohen of Indiana Realty Group.  The landlord, Broadbent Co., was represented by Josh Broadbent.

-MOD Salon leased 2,334 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.

-Boost Mobile leased 1,737 square feet at Georgetown Plaza, 4825-4959 W. 38th St. The landlord, Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.

-Pyone Cho Asia Market leased 1,600 square feet of retail space in Greenbriar Shopping Center, 1321 W. 86th St. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.

-Frame and Save leased 1,400 square feet at Castleton Point, 5305-5499 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.

-Whisper Hearing Center leased 1,368 square feet of office space in Smith Valley Professional Center, 1700 W. Smith Valley Road, Greenwood.  The tenant was represented by Stephen Adams and Riley Faulk of Hokanson Cos. The landlord, Smith Valley Investment LLC, was represented by Cathy Richards of Lee & Associates and Keith Turnbill of RE/MAX Select.

-Holy Family Books & Gifts leased 1,280 square feet at Carmel Walk Shopping Center, 1327 S. Rangeline Road, Carmel. The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.

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  1. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  2. If you only knew....

  3. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

  4. The facts contained in your post make your position so much more credible than those based on sheer emotion. Thanks for enlightening us.

  5. Please consider a couple of economic realities: First, retail is more consolidated now than it was when malls like this were built. There used to be many department stores. Now, in essence, there is one--Macy's. Right off, you've eliminated the need for multiple anchor stores in malls. And in-line retailers have consolidated or folded or have stopped building new stores because so much of their business is now online. The Limited, for example, Next, malls are closing all over the country, even some of the former gems are now derelict.Times change. And finally, as the income level of any particular area declines, so do the retail offerings. Sad, but true.

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