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Leases/leasing contracts

April 16, 2013
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-TF Publishing leased 115,000 square feet at 4200 Industrial Blvd. The tenant was represented by Mark Writt of CBRE. The landlord, Roll International Corp-Paramount Farms, was represented by Steven Schaub and Matt McGrady of Summit Realty Group.                

-Health Care Excel Inc. leased 16,044 square feet at 2601 Metropolis Parkway, Plainfield. The tenant was represented by Yumi Prater of Colliers International. The landlord, Edgewood Capital Advisors LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-CDC Distributors leased 6,906 square feet of industrial space at 4625 W. 86th St. The tenant was represented by Joe Lonnemann of Ambrose Property Group. The landlord, Biynah Industrial Partners LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.

-Presto Business Technologies LLC leased 6,800 square feet of industrial space at 8435 Georgetown Road. The landlord, Biynah Industrial Partners LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley. The tenant represented itself.

-Midwest Structural Products Inc. leased 5,250 square feet at 146 South Park Blvd., Greenwood. The tenant was represented by Keith Turnbill of RE/MAX Select Realtors. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.                

-Cynthia Bangda Inc. leased 3,600 square feet of industrial space at 5303-5331 W. 86th St. The landlord, Forester Properties Inc., was represented by Bryan Poynter of Cassidy Turley. The tenant represented itself.  

-Indianapolis Ballet dba Indianapolis School of Ballet leased 2,450 square feet of office space at 500 N. Capitol Ave. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Cadillac Building Inc., was represented by Scott Lindenberg of Reliant Partners LLC.

-Optical Technologies Inc. renewed its lease for 2,224 square feet at 62 South Park Blvd., Greenwood. The tenant, Optical Technologies Inc., was represented by Pam Smith of Realty World. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.                

-Unique Insurance Co. leased 1,759 square feet of office space at 3500 DePauw Blvd. The tenant was represented by Brooke Sipe of Alliance Commercial Real Estate. The landlord, Sterling American Property Inc., was represented by Bennett Williams, Dave Moore and Darrin Boyd of Cassidy Turley.

-Johnson Grossnickle & Associates Inc. has expanded its lease by 1,318 square feet to occupy a total of 6,083 square feet at 29 South Park Blvd., Greenwood. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.                

-Rick Borges Real Estate Service Inc. has leased 1,086 square feet at 27 S Park Blvd., Greenwood. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

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  1. Once a Marion Co. commuter tax is established, I'm moving my organization out of Indianapolis. Face it, with the advancement in technology, it's getting more cost effective to have people work out of their homes. The clock is running out on the need for much of the office space in Indianapolis. Establishing a commuter tax will only advance the hands of the clock and the residents of Indianapolis will be left to clean up the mess they created on their own, with much less resources.

  2. The 2013 YE financial indicates the City of Indianapolis has over $2 B in assets and net position of $362.7 M. All of these assets have been created and funded by taxpayers. In 2013 they took in $806 M in revenues. Again, all from tax payers. Think about this, Indianapolis takes in $800 M per year and they do not have enough money? The premise that government needs more money for services is false.

  3. As I understand it, the idea is to offer police to live in high risk areas in exchange for a housing benefit/subsidy of some kind. This fact means there is a choice for the officer(s) to take the offer and receive the benefit. In terms of mandating living in a community, it is entirely reasonable for employers to mandate public safety officials live in their community. Again, the public safety official has a choice, to live in the area or to take another job.

  4. The free market will seek its own level. If Employers cannot hire a retain good employees in Marion Co they will leave and set up shop in adjacent county. Marion Co already suffers from businesses leaving I would think this would encourage more of the same.

  5. We gotta stop this Senior crime. Perhaps long jail terms for these old boozers is in order. There are times these days (more rather than less) when this state makes me sick.

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