August 28, 2012
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-PP Indy 5 LLC bought the 252-unit LaCasa Apartments at 1368 N. Arlington Ave.  The property was listed for $2.25 million. The purchase price was not disclosed. The buyer and seller, GRE A/B LLC, were represented by Michael Wernke of Marcus & Millichap in Indianapolis and Jake Steele and Andy Glinksi of Marcus & Millichap’s Denver office.

-The ELK Family Trust bought the 23,627-square-foot Tractor Supply Co. building on 4.88 acres at 8135 Brookville Road. The property was listed for $3.7 million. The purchase price wasn’t disclosed. The buyer was represented by Michael Wernke of Marcus & Millichap. The seller, Spencer Family Trust, was represented by Len Jarrott of Jarrott & Co.

-Clover Creek Commons LLC bought the 14,000-square-foot Clover Creek Commons retail center at 17160 Dragon Fly Drive, Noblesville. The seller, The National Bank of Indianapolis, was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar. The buyer, a development company, represented itself.

-8510 LLC bought an 18,000-square-foot building at 8510 Pendleton Pike. The buyer was represented by Matthew Broderick of Acorn Group. The seller, H&B Industries, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle.


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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............