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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. 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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