The Indianapolis-based real estate investment trust said it started $395 million of developments during the quarter totaling 2.6 million square feet.
The Indianapolis-based real estate investment trust saw profit shrink, but it beat Wall Street predictions with higher-than-expected funds from operations, a key industry metric.
Applications for home construction fell 13% in central Indiana in June, marking the seventh straight month of declining permit filings.
On a year-to-date basis, closed sales of existing homes in the 16-county Indianapolis area are down 3%, to 12,731.
Speedway and NASCAR officials plan to play up the patriotism theme to promote the event’s new schedule.
The company, which is based in Ireland but has its Americas region headquarters in Carmel, reported a higher quarterly profit than analysts had expected.
Simon Property Group managed improvement in every significant financial category in 2018 despite a landslide of retailer failures. On Friday, CEO David Simon said the company will have to continue to navigate through more store closures.
Ikea in Fishers was among numerous businesses and organizations in central Indiana that decided to close on Wednesday amid forecasts calling for dangerously frigid temperatures.
Average home prices continued to rise in November in the 15-county area amid tight inventories.
When visiting Indianapolis in March to gather intelligence on the city’s HQ2 bid, Amazon officials had two meals at hot restaurants on downtown’s northeast side and toured three potential sites for the $5 billion project.
Republicans maintained their dominant hold on Indiana U.S. congressional seats, winning seven of the nine races.
The Indianapolis-based real estate investment trust executed 93 leases and opened spaces for 39 new tenants in the quarter.
Existing-home sales in central Indiana fell in September, the third month of declining sales out of the last seven, amid subpar home-buying conditions.
The departing CEO, Kerry Perry, had trouble garnering support in the gymnastics community, and has been criticized for making few public statements.
The renovations, which will include the addition of more digital self-order kiosks, come as the company celebrates the 50th anniversary of the Big Mac.
The Columbus-based engine manufacturer posted revenue of $6.13 billion in the second quarter, up 21 percent from the same period of 2017.
Kentucky Republican Gov. Matt Bevin’s administration wants Taft Stettinius & Hollister to continue with its investigation into his Democratic predecessor’s administration.
The owner of two horse track casinos near Indianapolis is preparing to pay a $50 million state fee as part of its sale to casino giant Caesars Entertainment Corp.