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Leases/leasing contracts

February 12, 2013
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-Jones Lang LaSalle has been named leasing agent for 909 Whitaker Road, a 381,493-square-foot distribution facility in Plainfield Business Park owned by Industrial Income Trust. JLL's brokers for the property are Jake Sturman and Brian Seitz.
 
-Balkamp Inc. renewed its lease for 123,840 square feet and leased an additional  61,920 square feet in North Airport Park Building 2, 7750-54 West Morris St. The tenant was represented by Chris Horton of One Source Realty Inc. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Schenker Logistics Inc. leased 86,400 square feet in Park 100 Building 91, 4919 W. 78th St. The tenant was represented by Mark Writt of CBRE. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Quest Environmental & Safety renewed its lease for  27,492 square feet in Exit 5  Building 2, 11947-11955 Cumberland Road, Fishers. The tenant was represented by Mike Lubbers of Summit Realty. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Click Ship Commerce leased 25,850 square feet at Hillsdale Business Park, North Shadeland Avenue and Hillsdale Court.  The tenant was represented by Brian Buschuk of Jones Lang LaSalle. The landlord, Hillsdale Property Co. LLC, was represented by Jack Hogan and Kevin Gillihan of Jones Lang LaSalle.

-Raymond James & Associates Inc. leased 6,734 square feet at 9100 Keystone Crossing. The tenant was represented by Eric Steiner of DTZ, a UGL company.  The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.  

-The McGraw Hill Cos. Inc. has leased 5,047 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Arterburn CBRE. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.

-Buffalo Wild Wings leased 5,020 square feet of retail space at 1600 E. Michigan Road, Shelbyville. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.  

-TITLE Boxing Club leased 4,881 square feet at Fishers Station, 7400 E. Fishers Station Drive, Fishers. The tenant was represented by Chris Ray of Catalyst Commercial Group. The landlord, Fishers Station Development Co., was represented by Andrew Hasbrook of Kite Realty Group.  

-Mutual of Omaha Insurance Co. leased 4,388 square feet at 9100 Keystone Crossing. The tenant was represented by R. J. Rudolph of Colliers International. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.

-American Mattress leased 4,200 square feet at Rangeline Crossing,116th Street and Rangeline Road, Carmel. The tenant was represented by Jeff Haas of Julius M. Feinblum Real Estate. The landlord, KRG Centre LLC, was represented by Blake Beaver of Kite Realty Group.  
    
-Jessogne Restaurant Ventures, dba Little Caesars, leased 2,400 square feet of retail space at Irvington Plaza, 6200 E. Washington St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, Irvington Plaza Associates LLC, was represented by Patrick Boyle of Midland Atlantic.

-LifeWatch Pharmacy leased 2,213 square feet at 4444 Decatur Blvd. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, MPC Ventures LLC, was represented by Ryan Kelly and Brian Dell of Summit Realty Group.                
 
-Jacobs Parts Inc. leased 1,662 square feet at Willow Lake East, 2632 Lake Center Drive.  The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Runners Forum leased 1,600 square feet at Avon Station, 8100 E. U.S. 36, Avon. The landlord, Avon Station Inc., was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.

-GoPath Global LLC leased 1,419 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.

-BlumLux leased 400 square feet in the Canal Building at Rockdale, 6334 Westfield Blvd. The landlord, Rockdale LLC, was represented by Jack Hogan of Jones Lang LaSalle. The tenant represented itself.

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  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

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