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Sales/acquisitions

December 18, 2012
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-JP Indy I LLC bought a 159-pad mobile home park at 4000 Foltz Road. The buyer and seller, Empire TFI Indy Holdings LLC, were represented by Bob Lindgren and Ron Mannon of Lee & Associates.

-H&R Property Services LLC bought a 23,400-square-foot industrial building at 11230 N. State Road 67, Mooresville. The buyer and seller, JAL Revocable Trust, were represented by Mike Kensill of Lee & Associates.

-Galileo Properties LLC bought an 18,524-square-foot building on 1.72 acres at 1555 S Franklin Road. The seller, Brown & McCoy LLC, was represented by Cam Kucic of Summit Realty Group. The buyer represented itself.

-Sparton Warehouse & Distribution bought a 123,713-square-foot building at 3333 Mesilla Court. The buyer was represented by Kevin Kirkpatrick of Prudential Indiana and Dallas Paul of The Danberry Co. The seller, MAE Holding Co., was represented by Cam Kucic and Mike Lubbers of Summit Realty Group.                

-Hoosier Bear Realty LLC bought a 7,200-square-foot building at 2553 Emerson Access. The buyer was represented by Cam Kucic of Summit Realty Group. The seller, Lawn Care Services Inc., was represented by Matt McGrady of Summit Realty Group.

-Bagger Dave’s Burger Tavern bought a 1.27-acre outlot at Gable Crossing, 9646 E. U.S. 36, Avon. The buyer was represented by Robyn Smart of Lee & Associates.  The seller, HV Real Estate Corp., was represented by Christian Conville of Echo Retail.

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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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