Leasing/leasing contracts

November 10, 2009
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-Indy Exhaust Products leased 24,000 square feet at 3223 N. Shadeland Ave. Jake Sturman of Jones Lang LaSalle represented the tenant. The landlord, Prologis Realty Trust, represented itself.

-Phoenix Data Corp. leased 10,000 square feet of office space at 9045 E. 59th St. Drew Augustin of NAI Olympia Partners represented the tenant. The landlord, Morris & Associates/Mordevelopment LLC, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.

-Indiana Sports Corp. leased 8,548 square feet of office space at Pan American Plaza, 201 S. Capitol Ave. Rich Forslund and Gus Miller of NAI Olympia Partners represented the tenant.  The landlord, Coastal Partners, represented itself.

-Residential Warranty Services Inc. leased 8,000 square feet at 698 Pro Med Lane, Carmel. Ryan Conrad and Eric Kemp of Resource Commercial Real Estate represented the tenant and the landlord, Bosa Realty.

-Taki leased 5,126 square feet at Rivers Edge, 4040 E. 82nd St. Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co. represented the tenant. Andrew Hasbrook of Kite Realty represented the landlord, KRG Rivers Edge LLC.

-Jimmy John’s leased 1,400 feet at Glendale Town Center, 6151 N. Keystone Ave. The tenant was represented by Drew Warner of Eclipse Real Estate. The landlord, Kite Realty Group, was represented by Andrew Hasbrook and Jeff Wright of Kite.

-William K. Marshall DDS Inc. leased 1,839 square feet at 10 W. Market St. The tenant was represented by Mike Semler of Colliers Turley Martin Tucker. The landlord, MT Acquisitions LLC, was represented by Darrin L. Boyd and Andrew D. Martin of Colliers Turley Martin Tucker.

-Optimal Wellness Chiropractic leased 3,066 square feet of office space at 4545 Northwestern Blvd., Zionsville. Scott Lindenberg of Echelon Realty Advisors represented the tenant. The landlord, R.L. McHaffey & Sons LLC, was represented by Bryan Augustin of NAI Olympia Partners.  

-Maxim Healthcare Services Inc. leased 1,216 square feet of office space at Castle Creek III, 8720 N. Castle Creek Parkway. John Crisp of Colliers Turley Martin Tucker represented the tenant. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.

-Beautopia Medical Spa Inc. leased 3,314 square feet of medical office space in the Windermere Professional Building, 9623 Windermere Blvd., Fishers. Brooke Augustin of NAI Olympia Partners represented the tenant. The landlord, DCMB LLC, was represented by Tom Cortese of Acorn Group.

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  1. to mention the rest of Molly's experience- she served as Communications Director for the Indianapolis Department of Public Works and also did communications for the state. She's incredibly qualified for this role and has a real love for Indianapolis and Indiana. Best of luck to her!

  2. Shall we not demand the same scrutiny for law schools, med schools, heaven forbid, business schools, etc.? How many law school grads are servers? How many business start ups fail and how many business grads get low paying jobs because there are so few high paying positions available? Why does our legislature continue to demean public schools and give taxpayer dollars to charters and private schools, ($171 million last year), rather than investing in our community schools? We are on a course of disaster regarding our public school attitudes unless we change our thinking in a short time.

  3. I agree with the other reader's comment about the chunky tomato soup. I found myself wanting a breadstick to dip into it. It tasted more like a marinara sauce; I couldn't eat it as a soup. In general, I liked the place... but doubt that I'll frequent it once the novelty wears off.

  4. The Indiana toll road used to have some of the cleanest bathrooms you could find on the road. After the lease they went downhill quickly. While not the grossest you'll see, they hover a bit below average. Am not sure if this is indicative of the entire deal or merely a portion of it. But the goals of anyone taking over the lease will always be at odds. The fewer repairs they make, the more money they earn since they have a virtual monopoly on travel from Cleveland to Chicago. So they only comply to satisfy the rules. It's hard to hand public works over to private enterprise. The incentives are misaligned. In true competition, you'd have multiple roads, each build by different companies motivated to make theirs more attractive. Working to attract customers is very different than working to maximize profit on people who have no choice but to choose your road. Of course, we all know two roads would be even more ridiculous.

  5. The State is in a perfect position. The consortium overpaid for leasing the toll road. Good for the State. The money they paid is being used across the State to upgrade roads and bridges and employ people at at time most of the country is scrambling to fund basic repairs. Good for the State. Indiana taxpayers are no longer subsidizing the toll roads to the tune of millions a year as we had for the last 20 years because the legislature did not have the guts to raise tolls. Good for the State. If the consortium fails, they either find another operator, acceptable to the State, to buy them out or the road gets turned back over to the State and we keep the Billions. Good for the State. Pat Bauer is no longer the Majority or Minority Leader of the House. Good for the State. Anyway you look at this, the State received billions of dollars for an assett the taxpayers were subsidizing, the State does not have to pay to maintain the road for 70 years. I am having trouble seeing the downside.