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Leasing/leasing contracts

August 28, 2012
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-Roses, a discount department store, leased 64,460 square feet of retail space at River Ridge Plaza, 1804 S. Scatterfield Road, Anderson. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Pack Rat Storage leased 40,000 square feet at 6450 Gateway Drive. The tenant and landlord, S.F. Industrial Properties, were represented by Tom Cooler and Mark Writt of CBRE.

-Certifit Inc. leased 30,186 square feet at Gateway Park Building II, 851 S. Columbia Road, Plainfield. The tenant was represented by Brian Seitz of Jones Lang LaSalle. The landlord, Indy 40 Building 2 LLC, was represented by John Hanley and Terry Busch of CBRE.

-HFH Collision LLC leased 25,000 square feet at Northeast Commerce Park, 9031 Technology Lane, Fishers. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, The Ruzbasan Revocable Living Trust., was represented by Mark Writt and Tom Cooler of CBRE.

-The Dress Barn renewed its lease for 8,000 square feet of retail space at Southport Commons, 4850 E. Southport Road. The landlord, DAB Investments-Southport Commons, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.

-King’s Beauty renewed its lease for 6,091 square feet of retail space at Norgate Plaza, 7235 N. Keystone Ave., Unit C. The landlord was represented by Sandor Development. The tenant represented itself.

-Salon Lofts leased 4,999 square feet at Five River Crossing, 8555 N River Road. The tenant was represented by Scott Gray and Michael Cranfill of Sitehawk Retail Real Estate. The landlord, River Crossing Five LLC, was represented by Barbara Zike of PK Partners.

-Dots renewed its lease for 3,150 square feet and expanded into an additional 500 square feet of retail space at Cherry Tree Plaza, 9721 E. Washington St. The landlord was represented by Sandor Development. The tenant represented itself.

-Vera Bellezza Spa & Salon renewed its lease for 2,800 square feet of retail space at Lafayette Place, 3720 Commercial Drive. The landlord was represented by Sandor Development. The tenant represented itself.

-Yoya Frozen Yogurt leased 1,600 square feet at Pyramid Place Shops, 3520 W. 86th St.  The landlord, Pyramid Place Shops LLC, was represented by Dean Almas of Sitehawk Retail Real Estate. The tenant represented itself.

-China Happy Feet leased 1,600 square feet of retail space at North by Northeast, 7864 E. 96th St., Fishers. The landlord, NNE Associates LLC, was represented by Robyn Smart of Lee & Associates. The tenant represented itself.  

-Dr. Tavel renewed its lease for 1,580 square feet of retail space at Esquire Plaza, 8139 Pendleton Pike. The landlord was represented by Sandor Development. The tenant represented itself.

-WB Pizza leased 1,482 square feet at North Willow Mall, 2290 W. 86th St. The landlord, Township 86 Development, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Rieth-Riley Construction renewed its lease for 1,200 square feet of retail space at Lafayette Place, 3743 Commercial Drive. The landlord was represented by Sandor Development. The tenant represented itself.

-Baobab African Market renewed its lease for 1,200 square feet and expanded into an additional 1,230 square feet of retail space at 7031 N. Michigan Road. The landlord was represented by Sandor Development. The tenant represented itself.

-Nail & Spa leased 1,010 square feet at 116th Street Centre, 890 E 116th St., Carmel. The landlord, LaSalle 115 Holdings, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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