IBJNews

Sales/acquisitions

February 18, 2014
Keywords
Back to TopE-mailPrintBookmark and Share

-Culver's Restaurant bought a one-acre outlot at Maplewood Plaza, 6130 Maplecrest Road. The buyer was represented by Allison Hawley of Niessink Commercial.  The seller, Centrium Properties California LLC, was represented by Michael P. Sloan of The Broadbent Group.

-Alderson Commercial Group bought a 15,000-square-foot office building at 425 W. South St. The buyer was represented by Matt Jackson of Jackson IG. The seller, West Hotel Partners LLC, was represented by Mike Medlock and Cathy Richards of Lee & Associates.

-Moser Consulting Inc. bought an 11,000-square-foot office building at 6220 Castleway West Drive. The buyer was represented by Steve Beals and Richard R. King III of Lee & Associates. The seller, Heritage Properties LLC, was represented by Craig Kaiser of The Kaiser Real Estate Cos.

-3545 Farnsworth LLC bought a 4,000-square-foot industrial building at 3545 Farnsworth St. The seller, K&T Specialties Inc., was represented by Stan Elser of Lee & Associates. The buyer represented itself.

-Gershman Partners bought the 45,820-square-foot Marott Center at 342 Massachusetts Ave. The buyer was represented by Ron Foster of Echelon Realty Advisors.  The sellers, George Rubin and Elliott Levin, were represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-8015 Pendleton Pike LLC bought the 35,190-square-foot Pendleton Pike Shoppes retail center at 8015 Pendleton Pike. The buyer was represented by Larry W. Harshman of Harshman Property Services LLC. The seller, Pendleton Pike LLC, was represented by Robert J. Barker as receiver.

-R.P. Wurster LLC bought the 49,967-square-foot Plainfield Commons community shopping center at Main Street and Perry Road, Plainfield, for $6.35 million. The buyer and seller, Los Angeles-based RPD Catalyst LLC, were represented by Ben Wineman and Carly Gallagher of Mid-America Real Estate Corp. 

ADVERTISEMENT

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

ADVERTISEMENT