DINING: Carmel adds Mex to Main Street mix
Review of Agave Bar & Grill. Fourth in a month-long series of new-in-2013 restaurants that we hadn’t previously reviewed.
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Former Shapiro’s in Carmel hits market with $2.1M price
The Carmel Redevelopment Commission has engaged Colliers International to market and sell the former Shapiro’s Delicatessen building in growing Carmel City Center.
Rebranding of bird-food retail chain ups emphasis on core product
Wild Birds Unlimited recently unveiled a new marketing program encompassing everything from revamped store design to new staff training to a rebalancing of the product line. The idea was to place less emphasis on gift items and more on the store’s core product—birdseed.
Wind farm says Duke violated contract
The owner of a northern Indiana wind farm says Duke Energy Indiana Inc.—which had agreed to buy energy the 87-turbine operation produces—breached its contract, “proving disastrous.
Pittsburgh grocer jumping into Indy market
A major supermarket chain is hoping to expand into the Indianapolis market, starting with an anchor position in a mixed-use project under construction in Carmel.
Tourism has big impact in Hamilton County
Visitors spent an estimated $375 million in Hamilton County last year, according to local results released Wednesday in connection with a broader report on the economic impact of tourism in Indiana
MISO takes control of Entergy system, extends grid to Gulf
The Carmel-based power grid operator is expanding its footprint from Manitoba and the U.S. Midwest to the Louisiana coast.
Bill to target abandoned-home epidemic in Indiana
Sen. Jim Merritt, R-Indianapolis, wants to shorten the amount of time vacant homes sit idle.
City Center expansion plans could cost $100M
Developer Pedcor Cos. unveiled conceptual designs for six more buildings at Carmel City Center that could cost as much as $100 million to build over the next four to five years.
Simon plans for spinoff get warm reception from Wall Street
After recently stalling on the stock market, shares of Simon Property Group perked up in trading Friday after the massive local firm announced plans to spin off nearly 100 retail centers into a new firm. Analysts approved of the move.
Indy-based Simon spinoff will include 13 Indiana centers
The locally based retail giant confirmed Friday morning that its new spinoff will be headquartered in Indianapolis. Several of Simon’s properties in the area will be among the new portfolio, including Clay Terrace in Carmel.
Roundup: Blow-dry bar, burger bar, Hot Mama
A new salon concept is blowing into Carmel next week. Dubbed do-tique, the dedicated blow-dry bar will offer shampoos and styling. Plus: A pop-up shop adds to its Twelve Days, and The Pint Room’s plans.
Leases/leasing contracts
-StreetLinks LLC leased 25,171 square feet at 451 E. Market St. The tenant was represented by Yumi Goodman and Sam Smith of Colliers International and Jeff Mulder of Holly Duran Real Estate Partners. The landlord, MS Operations Center Partners LLC, was represented by Mark Vollbrecht of Zeller Realty Group.
-Accelerated Inc. leased 16,824 square feet of industrial space in AmeriPlex at 5777 Decatur Blvd. The tenant was represented by Stan Elser of Lee & Associates. The landlord, McCarran Logistics Partners LP, was represented by Matt Dickerson of Jones Lang LaSalle.
-L.D. Lee Construction LLC leased 6,300 square feet of industrial space at 2205 National Ave. The tenant and landlord, Donald Kosten, were represented by Mike Medlock of Lee & Associates.
-CID Capital II Inc. leased 4,000 square feet of office space at 201 W. 103rd St., Carmel. The tenant was represented by Michael R. Semler of Cassidy Turley. The landlord, Virtu Meridian Associates LLC, was represented by Adam Broderick of Jones Lang LaSalle.
-Lewis & Wilkins LLP leased 3,867 square feet at 410 S. College Ave., Suite 100. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, Von Deylen Family LLC, was represented by Sandra Jarvis of Indy Squared Commercial Properties.
-AM Facility Services Inc. leased 3,632 square feet at 6886 Hillsdale Court. The tenant, AM Facility Services Inc., was represented by Cam Kucic of Summit Realty Group. The landlord, Hillsdale Property Owner LLC, was represented by Brian Buschuk of Jones Lange LaSalle.
-Children’s Bureau Inc. leased 3,546 square feet at 1503 N. Mitthoeffer Road, Suite 100. The tenant was represented by Brooke Sipe of Alliance Commercial Group. The landlord, Mitthoeffer Associates, was represented by Brad King of RE/MAX Commercial.
-ST Logic leased 3,040 square feet at 9449 Priority Point Way, West Drive, Suite 110. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, PP Indianapolis IV Project Corp., was represented by Tim Hull and Rick Trimpe of CRBE.
-Associated Reporting leased 2,435 square feet of office space at 251 E. Ohio St. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, Hertz Investment Group LLC, was represented by Crystal Houston of CBRE.
-Cajun & Creole leased 2,366 square feet at North Willow Mall, 2274 W. 86th St. The tenant was represented by Hamada Ibrahim of RP Lux Co. The landlord, Township 86 Development Co., was represented by Keith Fried of Sitehawk Retail Real Estate.
-T-Mobile leased 2,298 square feet at Speedway Plaza, 6137 Crawfordsville Road. The landlord, Plaza at Speedway LLC, was represented by Scott Gray and Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-Michele’s Boutique renewed its lease for 2,000 square feet of retail space at 540 630 W. Northfield Drive, Brownsburg. The landlord, ATC Realty One LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Cochran Agencies LLC leased 1,903 square feet of office space at 1980 E. 116th St., Carmel. The landlord, Clarkland Properties, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-Tubes Inc. leased 1,018 square feet of office space at 6535 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.-Peace & Harmony Hair Salon leased 810 square feet at Meridian Meadows, 3029 Meridian Meadows, Greenwood. The Landlord, TCP Greenwood LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
Sales/acquisitions
-Equity Wealth Realty bought the 43,825-square-foot 4000 Georgetown Road Shopping Center. The seller, 4000 Georgetown Realty Co. LLP, was represented by Sharon Thompson of KW Commercial and Keller Williams Indy Metro North. The buyer represented itself.
-OB by Design LLC bought one acre of land at 11630 N Michigan Road, Carmel. The buyer and seller, Fifth Third Bank, were represented by Sharon Thompson of KW Commercial and Keller Williams Indy Metro North.
Carmel-born Yowza!! app acquired by Arizona company
Yowza!!, a coupon phone app co-founded by a Carmel software developer, will be acquired by Arizona mobile commerce company Spindle Inc.
Unintentional entrepreneur parlayed consumer-electronics savvy into PR firm
Arland Communications, run by former Thomson Consumer Electronics spokesman Dave Arland, is the only area firm focused entirely on the $200 billion-plus annual consumer electronics market.
Pressure on legislature to address abandoned homes
Banks are pushing for reform to the state’s process for home foreclosures.
Hoosiers don’t want marriage amendment
As the debate over House Joint Resolution 6 continues, I wonder if some of the major proponents of this discriminatory bill, such as Micah Clark, Eric Miller and Curt Smith, realize that they are being outnumbered.