IBJNews

Leases/leasing contracts

July 2, 2013
Keywords
Back to TopE-mailPrintBookmark and Share

-CNH America LLC leased 153,600 square feet in Lebanon Business Park, Building 1, 201 N. Enterprise Road, Lebanon. The tenant was represented by
Jeremy Woods of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Jay Archer.

-Studio Movie Grill leased 56,957 square feet of retail space in College Park Theater, 3535 W. 86th St. The tenant and landlord, Sandor Development, represented themselves.

-Household Furniture Inc. renewed its lease for 15,367 square feet of retail space in Eagledale Plaza, 2802 N. Lafayette Road. The tenant and landlord, Sandor Development, represented themselves.

-Matrix Technologies Inc. leased 12,997 square feet of office space at 6625 Network Way. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Network Way Properties LLC, was represented by Kevin Gillihan and Jack Hogan of Jones Lang LaSalle.

-Aaron’s Rents renewed its lease for 12,000 square feet of retail space in Eagledale Plaza, 2802 N Lafayette Road. The tenant and landlord, Sandor Development, represented themselves.

-DBMS Inc. leased 5,065 square feet at Castle Creek VI, 5975 Castle Creek Parkway. The tenant was represented by Darrell Pike of Pike Real Estate Services. The landlord, ORIX Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-DOTS renewed its lease for 4,500 square feet of retail space in Norgate Shopping Center, 7235-H N. Keystone Ave. The tenant and landlord, Sandor Development, represented themselves.

-Summit Occupational Medicine leased 3,000 square feet of medical space at 3750 N. Meridian St., Suite 300. The tenant was represented by Brooke Sipe and Drew Augustin of Alliance Commercial Group. The landlord, Medical Properties Inc., represented itself.

-Caring for Women’s Health LLC leased 2,775 square feet of office space at 107 N. State Road 135, Greenwood. The tenant was represented by Cathy Richards of Lee & Associates. The landlord, NSR 135 LLC, represented itself.

-Electronic Merchant Systems leased 2,397 square feet at Castle Creek III, 8720 Castle Creek Parkway. The tenant was represented by Katie Sobotowski of Summit Realty Group. The landlord, ORIX Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-CenterFirst leased 2,203 square feet at Castle Creek IV, 5875 Castle Creek Parkway. The tenant was represented by Leslie Bonacker of CresaPartners. The landlord, ORIX Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Web Connectivity leased 1,839 square feet of office space in Auburn Woods Park, 9660 Commerce Drive, Carmel. The landlord, Sandor Development, was represented by Lawrence Morrissey of Corporate Commercial Group. The tenant represented itself.

-Miracle Ear leased 966 square feet of retail space in Ashley’s Crossing Shops, 733 Loews Blvd., Greenwood. The landlord was represented by Jeff Roberts of Sandor Development. The tenant represented itself.

ADVERTISEMENT

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

ADVERTISEMENT