Real Estate & Retail

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Oesterle sells land to Angie's List, reaping millionsRestricted Content

May 18, 2013
Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.More.

Greenwood, Whiteland try to spur, shape growthRestricted Content

May 18, 2013
Two Johnson County communities are determined to capture—and control—the next wave of suburban growth.More.

Duke's CFO heading to Chicago real estate firm

May 17, 2013
Christie Kelly is credited with playing a critical role at Duke in helping the company keep a strong financial position during the recession and economic recovery.More.

Downtown Lilly building fetches $90 million

May 16, 2013
American Realty Capital, a real estate investment firm based in New York City, bought the building on South Meridian Street occupied by Rolls Royce Corp. Lilly vacated the facility in 2010.More.

Blogs

  • Property Lines - Scott Olson Property Lines - Scott Olson

    Wheels in motion to select developer of MSA site

    City officials began interviewing candidates this week to redevelop a downtown parking lot where Market Square Arena once stood. The city last month received bids from six teams, the names of which have been provided by officials.More.
  • Property Lines - Scott Olson Property Lines - Scott Olson

    Developer of Star building dubs project Pulliam Square

    The buyer of the Indianapolis Star building has tapped into the newspaper's rich history by naming a mixed-use development to be built on the property Pulliam Square. Eugene C. Pulliam bought the newspaper in 1944 and his family led it for more than 50 years.

    More.
  • Property Lines - Scott Olson Property Lines - Scott Olson

    King David selling beer; South of Chicago expanding

    The downtown hot dog joint has begun offering Sun King brews and has expanded its hours, while South of Chicago on Virginia Avenue is looking to take its deep dish pizza to Hamilton County.More.
 

Other Real Estate & Retail Coverage

Oesterle sells land to Angie's List, reaping millionsRestricted Content

Angie’s List Inc. CEO Bill Oesterle has collected millions of dollars over the years by renting to the company property for its campus along East Washington Street. Now, the landlord and chief executive is pocketing millions more by selling Angie’s the property, at well above its assessed value.More.

Kessler Mansion neighbors balk at business uses

An Indianapolis City-County Councilor is looking into the possibility of zoning violations at the massive north-side property. The mansion will host a camp for entrepreneurs in June.More.

Convenience stores sue to sell cold beer in Indiana

An industry trade group filed a lawsuit Tuesday morning contending that Indiana liquor law is unconstitutional and unfairly benefits liquor stores.More.

Developer planning $60M project near Ball State

Investment Property Advisors of Valparaiso hopes to build a four-story building wrapping around a six-story parking garage that will have 228 apartments and storefronts on the street level.More.

Downtown's historic Century Building set for sheriff’s sale

The 112-year-old office building will return to the market in a precarious position, as a major tenant plans to depart.More.

More Real Estate & Retail Coverage

In Depth Report

City bans bulk land-bank sales after lopsided deal with not-for-profitRestricted Content

Indianapolis last year sold 154 properties from its land bank for $1,000 each to a novice not-for-profit, which immediately flipped them for a total $500,000 profit. More than a dozen have changed hands multiple times since then, making investors more than $1 million. (with interactive map)More.

SPECIAL REPORT: Stock-based pay builds wealth for Indiana execsRestricted Content

IBJ's annual review of proxy statements for Indiana public companies found senior executives' median compensation rose 14 percent in 2011. But that analysis uses the fair market value of stock and options awards on the date they were granted. If a company's stock price surges, executives can make out far better. (with searchable database)More.

Warnings about broker's tactics went unheeded

Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched an investigation that led to his indictment.More.

Brizzi's lease deals benefited friend, donor

Records show Marion County Prosecutor Carl Brizzi directed lucrative work for the Prosecutor's Office to his friend, business partner and political contributor John Bales.More.

In Depth Reports

 
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