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Leases/leasing contracts

June 25, 2013
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-OHL renewed its lease for 379,332 square feet at 1101 Whitaker Road, Plainfield. The tenant was represented by Andrew Morris, Jeremy Woods and Andrea Hopper of Summit Realty Group and Steve Schwegman of Jones Lang LaSalle. The landlord, Transpacific Development Co., represented itself.

-SKH (Shaughnessy Kniep Hawe) Paper leased 42,500 square feet of industrial space at 2363-2383 Perry Road, Plainfield. The tenant was represented by Sean McHale of Colliers International. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-National Hail and Dent Removal LLC leased 18,375 square feet of industrial space at 551 Earlywood Drive, Franklin. Both the tenant and landlord, Wertz Realty LLC, were represented by Don Treibic of Cassidy Turley.

-Sensory Technologies leased 17,492 square feet of industrial space at 6911-7061 Corporate Circle. The tenant was represented by Jake Sturman of Jones Lang LaSalle. The landlord, GI Partners, was represented by Bryan Poynter and Russell Van Til of Cassidy Turley.

-Cork Medical LLC leased 8,805 square feet of office space at 6406 Castleway Court. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Furniture Expressions leased 8,040 square feet of retail space in College Park Plaza-Ventures, 3443-8421 W 86th St. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
 
-Leaders Moving leased 5,200 square feet of industrial space at 9900 Westpoint Drive. The tenant was represented by Dustin Looper of Colliers International. The landlord, Andrew Lowe, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-Finders Keepers leased 3,482 square feet of retail space in East 40 Plaza, 8506 E Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-BSN Sports renewed its lease fo 3,200 square feet of industrial space at 7215 E. 21st St. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, Justus Companies, represented itself.  

-D&F Assoc. Ltd., doing business as Miracle Method of Indianapolis West, leased 2,400 square feet of industrial space at 2445 Directors Row. The tenant was represented by Bryan Poynter of Cassidy Turley. The landlord, American National Insurance Co., was represented by Donald Wahle of Harshman Property Services LLC.

-World Finance leased 1,481 square feet at Western Plaza, 195 Sheridan Road, Carmel. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Thompson Thrift, was represented by Ryan Menard of Thompson Thrift.

-Allstate Insurance leased 1,400 square feet of retail space in Old Town Shoppes, 1264 W. 86th St. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.

-Wings & Seafood leased 1,237 square feet of retail space in Esquire Plaza, 8237 Pendleton Pike. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. 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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