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.

St. Vincent sports practice to fill vacant Clay Terrace big box

May 21, 2013
St. Vincent Sports Performance will occupy a building in Clay Terrace originally occupied by Circuit City.More.

HHGregg earnings sink on declining sales

May 20, 2013
The Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins and higher advertising expenses.More.

Lids acquiring Kentucky sporting goods chain

May 20, 2013
The CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by the Affordable Care Act prompted the group to look at the offer from Lids.More.

Blogs

  • Property Lines - Scott Olson Property Lines - Scott Olson

    New Steak n Shake signage includes name of parent

    Sardar Biglari, who operates San Antonio-based Biglari Holdings Inc., parent of the iconic Steak n Shake chain, wants the public to know who owns Steak n Shake, judging from new signage unveiled in Las Vegas.More.
  • 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.

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Other Real Estate & Retail Coverage

HHGregg's stock swoons after quarterly report disappoints

The Indianapolis-based retailer saw a big drop in earnings in its latest quarter on decreased sales, lower profit margins and higher advertising expenses, it said Monday.More.

St. Vincent sports practice to fill vacant Clay Terrace big box

St. Vincent Sports Performance will occupy a building in Clay Terrace originally occupied by Circuit City.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.

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-profit

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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