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Leases/leasing contracts

October 30, 2012
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-International Paper leased 144,000 square feet of industrial space at 5021 W. 81st St. The landlord, Prologis, was represented by Luke Wessel of Cassidy Turley. The tenant represented itself.

-Kittle’s Home Furnishings leased 33,032 square feet at Southport Plaza, 7565 US 31 South. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Southport Plaza, was represented by Bill French of Cassidy Turley.  

-El Chispas leased 19,260 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The tenant was represented by Larry Harshman of Harshman Property Services LLC. The landlord, The Broadbent Co., was represented by Broadbent’s Jim Mosher.

-Dick’s Last Resort leased 6,240 square feet at Square 74, 111 W Maryland St.  The tenant and landlord, Square 74 Associates LLC, were represented by Steve Delaney of Sitehawk Retail Real Estate.  

-ATG Rehab leased 4,372 square feet of industrial space at 5804 W. 74th St. in Park 100. The tenant was represented by Richard R. King III and Steve Beals of Lee & Associates. The landlord, Park Creek Venture, was represented by Kate Ems of Duke Realty.

-Cooperative Managed Care Services LLC leased 3,691 square feet of office space at 9045 River Road. The tenant was represented by Sam Smith and Kevin Dick of Colliers International. The landlord, Duke Realty Limited Partnership, was represented by Adam Seger of Duke Realty.

-America's Best Contacts & Eyeglasses leased 3,255 square feet of retail space in the Nora Plaza Shopping Center, at the northwest corner of 86th Street and Westfield Boulevard. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Ramco Gershenson Properties Trust, represented itself.

-Travel By Design leased 2,990 square feet of office space at 11559 Cumberland Road, Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Tracey Tabor Williams, DMD, renewed her lease for 2,690 square feet of office space at 303 N. Alabama St. The tenant was represented by Todd Morris of JTM Commercial. The landlord, DH Realty LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley.   
   
-Range Line Chiropractic leased 1,875 square feet of retail space at 614 622 S. Rangeline Road, Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Mohawk Management, represented itself.

-ENS Group leased 1,360 square feet of office space at 11978 Fishers Crossing Drive, Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.   

-Great Care renewed its lease for 1,077 square feet of office space at 6515 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

-Maximum BMX leased 960 square feet of retail space at Green Meadows Shopping Center, 1542 N. State St., Greenfield. The landlord, Green Meadows Shopping Center LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.   

-The Mint Salon leased 820 square feet of retail office space at Lake Plaza, 6801 Lake Plaza Drive, Suite C304. The landlord, Lake Plaza LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

-World Finance Company leased 800 square feet of office space at Lake Plaza, 6801 Lake Plaza Drive, Suite C304. The landlord, Lake Plaza LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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