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Leases/leasing contracts

January 15, 2013
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-Freedom Mortgage Corp. leased 74,775 square feet of office space at 10500 Kincaid Drive, Fishers. The landlord, Kincaid Developers Inc., was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Community Hospital leased 40,000 square feet at 11911 N. Meridian St. The landlord, Meridian Mile Associates, was represented by Mike Napariu of REI Real Estate Services. The tenant represented itself.

-Coast To Coast Imports leased 24,000 square feet at 5350 N. Keystone Ave. The landlord, Wolf Investments, was represented by John Schick of Schick Properties. The tenant represented itself.

-Planet Fitness expanded its lease to 17,095 square feet of retail space in Shoppes at County Line, 8811 Hardegan St. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, Gateway Arthur Inc., represented itself.

-C.H. Robinson Worldwide Inc. leased 11,027 square feet of office space at 10500 Kincaid Drive, Fishers. The tenant was represented by David Rende of Mohr Partners. The landlord, Kincaid Developers Inc., was represented Darrin Boyd and Dave Moore of Cassidy Turley.

-Phoenix Resource Management leased 9,106 square feet of industrial space at 164 S. Park Blvd., Greenwood.  The tenant was represented by Rick Suja of Colliers International.  The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.

-StonePro LLC leased 9,000 square feet of industrial space at 9325 Uptown Drive. The tenant was represented by Dannetta Hiatt of Colliers International. The landlord, Mann Properties, represented itself.

-First National Restoration leased 6,574 square feet at 343 W. McCarty St. The landlord, Stadium Partners LLC, was represented by Tyler Wilson of Summit Realty Group. The tenant represented itself.

-Vista Hospice Care Inc. and Gentiva Health Services Inc. leased 5,840 square feet of office space at Westridge Office Park II, 6845 E. U.S. 36, Avon. The tenant was represented by Jimmy Clark of Jones Lang LaSalle Americas Inc.  The landlord, Westridge Office Park LLC, was represented by Nathan Smith of Colliers International.  

-Staples leased 4,568 square feet of office space at College Park Plaza, 8909 Purdue Road. The tenant was represented by Yumi Prater of Colliers International. The landlord, Wells REIT II, was represented by Mike Semler, Andy Martin and Bennett Williams of Cassidy Turley.

-Hays Cos. leased 4,118 square feet at 300 N. Meridian St. The tenant was represented by John Vandenbark of CBRE. The landlord, University Park Associates, was represented by Mike Napariu of REI Real Estate Services.

-R.O. Whitesell & Associates leased 3,425 square feet at 11711 N. Pennsylvania St. The landlord, North Pennsylvania Street Associates, was represented by Mike Napariu of REI Real Estate Services. The tenant represented itself.
 
-Holliday Fenoglio Fowler LP leased 3,051 square feet of office space at 135 N. Pennsylvania St. The landlord, True North Management Group LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley. The tenant represented itself.

-Allergy & Asthma Specialists PC leased 2,637 square feet of office space at 70 E. 91st St. The tenant was represented by Yumi Prater of Colliers International. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.

-House Reynolds & Faust leased 2,475 square feet at 11711 N. Pennsylvania St.  The tenant was represented by Jeff Harris of NAI Meridian Real Estate. The landlord, North Pennsylvania Street Associates, was represented by Mike Napariu of REI Real Estate Services.  

-DT Power & Associates leased 2,421 square feet of office space at 3091 E. 98th St. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Brookfield Real Estate Opportunity Group, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-MyCOI leased 2,280 square feet of office space at 9700 Lakeshore Drive East, Suite C.  The tenant was represented by Spud Dick of Cassidy Turley. The landlord, Veteran Construction, was represented by Rob Christman of Colliers International.  
 
-Public Safety Medical Services leased 2,158 square feet of office space at 324 E. New York St. The landlord, DH Realty LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley. The tenant represented itself.

-Halderman Farm Management Service LLC leased 1,841 square feet of office space at 10333 N. Meridian St. The landlord was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.  

-American Nursing Care leased 1,677 square feet of office space at 6515 E. 82nd St. The tenant was represented by Nancy Ryan of Equity. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
 
-Bella Pizza leased 1,677 square feet at Keystone Shoppes, 3367 E. 86th St. The tenant was represented by Gary Perel of Newmark Knight Frank Halakar. The landlord, Simon Property Group, was represented by Tim Murray of Simon Property Group.

-Weight Watchers leased 1,600 square feet of retail space at 17219 17247 Mercantile Blvd., Noblesville. The landlord, Zumot Real Estate Management, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.  

-DJ's Hot Dog Co. leased 1,200 square feet of space at Shiloh Crossing, 10240 E. U.S. 36, Avon. The tenant was represented by Steven Sengson of Prodigy US Real Estate. The landlord, MLMT 2005-LC1 Greensburg Crossing LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.

-Davis Insurance & Financial LLC leased 1,100 square feet of office space at 9700 Lakeshore Drive East, Suite D. The landlord, Veteran Construction, was represented by Rob Christman of Colliers International. The tenant represented itself.

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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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