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Articles

Purdue professor analyzes risk, dissects failures

May 12, 2011

For 25 years, Venkat Venkatasubramanian, the Reilly professor of chemical engineering at Purdue University, has studied how to keep horrendously complicated, excruciatingly twitchy technological edifices from collapsing under their own weight.

People in the news – May 16, 2011

May 12, 2011

People listings are free.

Retail, eateries planned for Keystone office area

May 12, 2011

A local developer’s $12 million project is transforming a four-story office building and five acres of surface parking lots adjacent to The Fashion Mall at Keystone into a new retail and restaurant destination.

Leases/leasing contracts

May 9, 2011

-United Suppliers Inc. leased 17,600 square feet at 923 Whitaker Road in the Airwest Business Park. The tenant was represented by Terry Busch of CB Richard Ellis. The landlord, ProLogis, was represented by Luke Wessel of Cassidy Turley.

-Beacon Technologies subleased 5,720 square feet at One Parkwood, 96th and Meridian streets. The tenant was represented by Alex Cantu of Summit Realty Group. The sublessor, Computer Associates, was represented by Adam Broderick and Denice Michel of Jones Lang LaSalle.

-eImagine Technology Group Inc. leased 4,332 square feet of office space at 6081 E. 82nd St. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-The ALS Association Inc. leased 2,163 square feet of office space at 6525 E. 82nd St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Market Street Wealth Management Advisors LLC leased 2,024 square feet of office space at 3091 E. 98th St. The tenant was represented by Brooke Augustin of Alliance Commercial Real Estate. The landlord, BREOF Keystone REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Tucker’s School of Real Estate leased 1,975 square feet of office space at 6515 E. 82nd St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Guidon Design, Inc. leased 1,952 square feet at Douglass Pointe, 2453 N. Delaware St., Indianapolis. The landlord, Minkis Construction Inc., was represented by Joe Shoemaker of MacDuff Realty Group. The tenant represented itself.

-New Harbours Café leased 1,750 square feet at Harbourtown Center at the southeast corner of Little Chicago Road and Carrigan Bridge Road at Morse Lake, Noblesville. The tenant and landlord, Harbourtown Center LLC, were represented by Bill Ernst of Charter Commercial Realty Group.

-Loving & Caring Home Inc. leased 1,560 square feet of office space at 6525 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.  

-Speech Pathology Services PC leased 1,503 square feet of office space at 1980 E. 116th St. The landlord, Stratford Center LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
 
-The Henry P. Thompson Co. leased 1,486 square feet of office space at 6505 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.  

-Eagle Land Title LLC leased 1,470 square feet of office space at 3500 Depauw Blvd. The tenant was represented by Bob Dominguez of Colliers International. The landlord, CP Pyramids Associates LP, was represented by Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley.

Eastgate redevelopment reaches crucial crossroads

May 9, 2011

Lifeline Data Centers, which bought Eastgate in 2008, plans to invest $10 million into the property this year if the Department of Public Safety moves forward with plans to lease 78,000 square feet.

How key bills fared during 2011 legislative session

May 5, 2011

Indiana senators and representatives debated a wide range of bills with significant business implications during the 2011 session of the General Assembly, which wrapped up April 29.

SOWELL: Exploding myths about blacks, economics

May 4, 2011

The factors that cause the most noise in the media are not the ones that have the most impact on minorities.

Construction

May 2, 2011

-Alt Construction has completed a 1,600-square-foot restaurant build-out for La Hacienda at 12237 N. Meridian St., Carmel.

-S&B Construction has been hired for an 11,500-square-foot renovation of Fresenius Medical Care at 1225 W. 86th St. The project is scheduled to be completed in August.

-TMG Construction Management Inc. has been hired to build a 3,081-square-foot New Balance Shoes store at 9893 N. Michigan Road, Carmel. The store is scheduled to be completed by May 31.

Who’s Who in Commercial Real Estate – 2011

April 28, 2011

Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes. IBJ is identifying those people in eight different industry categories. Up this month: commercial real estate.

Cultural Trail unveils garage’s million-dollar art installment

April 27, 2011

The latest piece of art to be installed along downtown Indianapolis’ Cultural Trail will cost almost as much as the first eight displays combined.

Developer plans $13M senior-living center in Westfield

April 27, 2011

Cicero-based developer Mainstreet Property Group LLC plans to build a $13.3 million senior health care center in Westfield. The 65,000-square assisted living facility will employ about 150 people when it opens in 2012.

Work begins on new U.S. 31 interchange

April 21, 2011

The project is part of a larger effort to upgrade the road to interstate standards.

Fairgrounds officials consider Pepsi Coliseum overhaul

April 14, 2011

Indiana State Fairgrounds officials are laying the groundwork for a massive Pepsi Coliseum renovation that could cost tens of millions of dollars and transform the inside of the 72-year-old landmark.

Unusual North of South deal leaves taxpayers vulnerable

April 14, 2011

The $156 million North of South project is a complicated, risky and potentially transformative bet on downtown.

Indianapolis loses a quiet giant

April 14, 2011

Ken Thompson passed away on March 25. Ken was a quiet giant in the real estate development field in Indianapolis, Carmel and Fishers.

KHARBANDA: The case for a diverse energy policy

April 14, 2011

Key utility executives and state legislators argue that Indiana’s power should come predominantly from coal and nuclear power.

Daniels’ plan on sentencing changes appears dead

April 13, 2011

Daniels had made revamping of the criminal sentencing laws one of his top priorities for this year's legislative session, but lawmakers handling the bill said Tuesday they hadn't been able to reach a compromise and didn't expect more action before the General Assembly's April 29 adjournment deadline.

Construction

April 11, 2011

-Kort Builders has started construction of a 2,700-square-foot retail space for Cash America at 5103 E. 16th St.

-Kort Builders has started construction of a 3,000-square-foot retail space for Soma Intimates at 14300 Clay Terrace Blvd., Carmel.

-Kort Builders has completed a 2,000-square-foot medical space for Decatur Vein Clinic at 105 S. Raceway Road.

Controversial legislation could lead to truck-only toll lanes on I-70

April 7, 2011

Truck-only toll lanes along Interstate 70 are among potential projects that could result from a controversial bill that would allow the governor to authorize toll roads without an OK from the Legislature.

Cummins spurs launch of mechanical engineering program

April 7, 2011

This fall, Indiana University-Purdue University at Columbus will roll out its first four-year mechanical engineering program.

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