CarDon trying to adjust nursing homes to hospitals, insurers, patients
Family-run company is building nursing homes it thinks will be more attractive to residents and staff.
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Roundup: New crepe place, bakery and brew pub
A French couple has purchased space on Mass Ave and plans to open their eatery within the next three months. Plus, more new places downtown.
Sweetener maker plans $21M in improvements, 151 new jobs
Carmel-based Heartland Food Product Groups is seeking nearly $1 million in tax breaks on building work and new equipment for its Indianapolis production facility.
IU Health suffers small decline in 2013 profit
Indiana University Health’s business deteriorated last year in nearly every area. But price hikes and a surge in outpatient visits to Indianapolis-area facilities mostly offset those problems.
People
Dr. Shahid Athar, an endocrinologist, has joined St. Vincent Medical Group in Carmel. Athar received his medical degree from Dow Medical College in Karachi, Pakistan.
WellPoint Inc. named Thomas Miller chief information officer effective May 1. Miller previously served as CIO for Coca Cola Refreshments, which he joined in 1982. Miller holds a bachelor's degree in business management from Northwood University in Michigan and an MBA from the Goizueta Business School at Emory University.
Big tenant nearly completes tower’s sudden comeback
On the heels of signing Angie’s List Inc. in downtown’s Landmark Center, new owner Ambrose Property Group has inked a lease for the Christian Church-Disciples of Christ, helping to boost occupancy above 90 percent.
Indiana’s jobless rate experiences another big drop
The state added 5,400 private-sector jobs February while the number of officially unemployed Hoosiers fell to fewer than 200,000 for the first time since August 2008, the state said.
Where do hospital profits go?
When patients at Indianapolis-area hospitals pay their bills, they're not just funding their own health care. They're contributing to the care of Hoosiers in the rest of the state, too, especially care provided by hospital-employed physicians.
Mass transit bill creates fuzzy path forward
Local governments finally have the authority to build a mass-transit system, but they also have work to do and questions to answer before they can ask voters to pay for new rapid-transit lines and expanded bus service.
CNO Financial casts out former Conseco demons
It was an exorcism of CNO’s legacy Conseco business recently that’s really put the proverbial color back in the faces of management and investors.
Angie’s List to take big chunk of Landmark Center
The move into nearly 100,000 square feet of office space is intended to consolidate Angie’s off-campus workers downtown. It’s a boon to struggling Landmark Center, which has been hemorrhaging tenants.
Entrepreneur’s events aim to appeal to new, growing families
After launching (and selling) four businesses in eight years, serial entrepreneur Jenn Kampmeier is at it again. She’s debuting a mini trade show for new and expectant parents in Carmel next month.
Colts owner Irsay’s court hearing delayed
The Hamilton County Prosecutor's Office issued a statement Tuesday saying the hearing was postponed "unless or until" formal charges are filed against him.
Software firm TinderBox lands $3M VC investment
Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.
Expensive homes selling quickly in Indianapolis area
Pricier houses are vanishing from the market faster than less-expensive homes due to a temporary bottleneck caused by rising demand and a slow recovery by builders.
State nixes Common Core, but new model may be similar
Indiana on Monday became the first state to formally withdraw from Common Core education standards. A proposed new program is already being criticized as too close to Common Core.
Leases/leasing contracts
-OHL renewed its lease for 414,424 square feet at 1100 Whitaker Road, Plainfield. The tenant was represented by Andrew Morris of Summit Realty Group and Steve Schwegman of JLL. The landlord, Transpacific Development Co., represented itself.
-All Spark Wholesale leased 23,538 square feet of warehouse space in Washington Market, 10437 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Thurston Springer Miller Herd & Titak Inc. leased 10,717 square feet at 9000 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL. The tenant represented itself.
-Eskenazi Health renewed its lease for 5,300 square feet of space in Eagledale Plaza, 2802 N. Lafayette Road. The landlord, Sandor Development, was represented by Lloyd Otani of Sandor. The tenant represented itself.
-Visionworks leased 3,946 square feet at West Carmel Marketplace, 9893 Michigan Road, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Casto, was represented by Jacque Haynes and John Byrne of Cassidy Turley.-Goodwill Industries of Central Indiana leased 3,800 square feet of retail space at 2361 Broad Ripple Ave. The tenant was represented by Bill French of Cassidy Turley. The landlords, Ko Yun Sam and Chung Hee, were represented by Jacque Haynes and Bennett Williams of Cassidy Turley.
-Visionworks leased 3,640 square feet at Village Park Plaza, 2009 E. Greyhound Pass, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Pat O’hara.
-Visionworks leased 3,500 square feet at Fishers Corner Shoppes II, 11761 Commercial Drive, Fishers. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, HI Fishers Corner LLC, was represented by George Dury of Dury Investments.-Visionworks leased 3,027 square feet at 10777 E. Washington St. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Indiana Properties Group, was represented by Jacque Haynes of Cassidy Turley.
-Visionworks leased 3,000 square feet at Greenwood Park Mall. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.
-Visionworks leased 3,000 square feet at Castleton Square Mall. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.
-Visionworks leased 2,870 square feet at Avon Commons, 10445 E U.S. 36, Avon. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Aviana Company 3 LLC, was represented by Joseph Khouri of Carnegie Management & Development.
-Hanzo Logistics Inc. leased 2,285 square feet of freezer/cooler space at 4001 W. Minnesota St. The tenant was represented by Cam Kucic and Matt McGrady of Summit Realty Group. The landlord, Tippmann Properties Inc., was represented by Tippmann's Larry Hughes.
-RadioShack Corp. leased 1,800 square feet of retail space at 791 S. State Road 135, Greenwood. The tenant was represented by Bill French of Cassidy Turley. The landlord, Schoolcraft Commercial Real Estate, was represented by Bart Jackson of Lee & Associates.
-Spark Holdings Group Inc. leased 1,217 square feet of retail space at 9893 N. Michigan Road, Carmel. The tenant was represented by Joe Faulkner of Sycamore Group Associates. The landlord, CASTO, was represented by Jacque Haynes of Cassidy Turley.
Kentucky teams drive surge in demand for Indy’s NCAA regional
Demand for tickets and local hotel rooms spiked once it became clear that Kentucky and Louisville would meet in the Sweet Sixteen at Lucas Oil Stadium this weekend.
Caucus secrecy cloaks important legislative moves
A private caucus fight over nursing home construction during the final days of the 2014 session ultimately spurred House Speaker Brian Bosma, R-Indianapolis, to call for an investigation into whether one of his own caucus members violated state ethics rules.