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Leases/leasing contracts

August 13, 2013
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-City Securities Corp. leased 21,447 square feet at 8900 Keystone Crossing. The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.     

-Gale Force Software Corp. leased 10,280 square feet of office space at 11800 Exit Five Parkway, Fishers. The tenant was represented by Brian Askins of Summit Realty. The landlord, Sunbeam Development Corp., was represented by Paul Dick and Kevin Dick of Colliers International.

-Digital Technology Inc. renewed its lease for 6,300 square feet at Hillsdale Business Park, 6892 Hillsdale Court. The landlord, Hillsdale Property Co., was represented by  Brian Buschuk, Kevin Gillihan and Jack Hogan of Jones Lang LaSalle. The tenant represented itself.

-Indy Cigar Bar leased 5,030 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St.  The tenant was represented by Tom Megenhardt of Megenhardt Commercial Real Estate. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy.    

-Mortenson Safar Kim leased 4,961 square feet at Rockdale, 6334 Westfield Blvd. The tenant was represented by Todd Morris of JTM Commercial. The landlord, Loftus Robinson, was represented by Jack Hogan of Jones Lang LaSalle.

-Homeplex Furniture leased 3,207 square feet at Clearwater Village, 4611-4737 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.

-LumiNET renewed its lease for 3,189 square feet at Hillsdale Business Park, 6971 Hillsdale Court. The tenant was represented by Rob Lukemeyer of Baseline. The landlord, Hillsdale Property Co., was represented by Jack Hogan, Brian Buschuk and Kevin Gillihan of Jones Lang LaSalle.

-Lawyers Title Co. LLC leased  2,581 square feet of office space at 9955 Crosspoint Blvd. The tenant was represented by Scott Lindenberg of Reliant Partners.  The landlord, Shiloh Properties LLC, was represented by Paul Dick and Kevin Dick of Colliers International.

-The Celtic Cross Catholic Gift Shop leased 2,100 square feet at North Willow Commons, 1410-1518 W. 86th St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.

-Village Green leased 1,859 square feet at Rockdale, 6340 Westfield Blvd. The tenant was represented by Spud Dick of Cassidy Turley. The landlord, Loftus Robinson, was represented by Jack Hogan of Jones Lang LaSalle.

-Geist Barber Shop leased 1,334 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
    
-Autism Clinic of Indiana leased 1,083 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.

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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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