Hentschel ramrodding KeyBank development in Indianapolis
Exec adds branches, deposits, after completing a stint at a human-resources firm.
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Construction
-Shamrock Builders-Commercial has finished an 18,000-square-foot building for Laughlin’s Northwestern Mutual Life at 9759 Crosspoint Drive.
-Kort Builders has finished a 3,000-square-foot restaurant space for Dunkin Donuts at 5620 Michigan Road.
-Kort Builders has finished a 2,600-square-foot office space for Chyten Learning Center at 2454 E. 116th St., Carmel.
Central Indiana real estate auction activity heats up
A recent wave of foreclosure auctions suggests banks and other underwater real estate owners finally are poised to let go of a glut of properties.
Funding about to expire for IndyGo’s north-suburban routes
The luxury coach routes from downtown to Fishers and Carmel were launched three years ago and have been popular among suburban commuters.
Newsweek notes safety record of Carmel’s roundabouts
Carmel leads the nation in revamping intersections and has seen an 80-percent drop in injury accidents as a result, the magazine noted.
BMV commissioner resigns following arrest
State Bureau of Motor Vehicles Commissioner Andrew J. Miller resigned Thursday, the day after he was arrested for allegedly exposing himself in a public restroom in downtown Indianapolis.
Indiana BMV chief arrested on indecency charge
Andrew J. Miller, 40, of Carmel, was arrested on a charge of public indecency about 1:30 p.m. at Claypool Court, a retail and hotel center near the Circle Centre mall, authorities said.
Local MBA programs score with women
Female enrollment in Indianapolis master’s programs surpasses the national average. Telamon Vice President Sunny Lu said her MBA has helped her grow business.
Lucas Oil owners to buy former Hilbert estate
Lucas Oil Products Inc. owners Forrest and Charlotte Lucas confirmed they were buying the property for $3 million at a news conference Wednesday afternoon. It will be used for “business activities and community functions.”
Estridge scales back Symphony development in Westfield
The Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based home builder’s 436-acre Centennial development, also in Westfield.
Walnut Street building sold for retail use
The two-story industrial building along the Indianapolis Cultural Trail will be converted into a furniture store.
Ex-IU hoops player Leary avoids prison time in fraud
Former Indiana University basketball player Todd Leary was sentenced Monday to two years of work release or home detention followed by two years on probation. He still faces theft and burglary charges in Hamilton County in a separate case.
Circle City Classic organizers look to boost 27-year-old event
A management shift and a renewed marketing effort that includes new attractions and increased advertising in key markets has Circle City Classic organizers optimistic about the annual event’s future.
Two Indianapolis accounting firms among best-managed
BGBC Partners LLP and Katz Sapper & Miller LLP were recognized in the latest annual ranking compiled by Inside Public Accounting.
Downtown tax district reaps unexpected windfall
The city has accumulated a $12 million surplus of funds from the downtown TIF district, raising questions from critics who wonder how the windfall came about.
“Eurydice”
Oct. 6-10
Butler University TheatrePlaywright (and MacArthur Fellowship recipient) Sarah Ruhl seems to be everywhere this fall. In fact, if you really wanted to, you could see three of her plays in a single weekend here in central Indiana in community, college and professional productions. Two, “In the Next Room (or the Vibrator Play)” and “Eurydice” open this week. Details here and here. (The third, "Dead Man’s Cell Phone," opens later in the month. Details on that one here.)
Leases/leasing contracts
-Direct Tech Sales LLC leased 24,348 square feet at Building 136 in Park 100, 5350 Lakeview Parkway. The tenant was represented by Chip Barnes of NAI Olympia Partners. The landlord, Pinchal & Co., was represented by Duke Realty.
-Exact Target leased 22,064 square feet in The Century Building, 36 S. Pennsylvania St. The tenant was represented by Jenna Barnett of Halakar Real Estate. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.
-St. Vincent Hospital and Health Care Center Inc. leased 7,645 square feet at Naab Road Medical Pavillion, 8414 Naab Road. The landlord, Heather Glen Investors MT LLC, was represented by Brooke Augustin of NAI Olympia Parners. The tenant represented itself.
-An Cheng Inc., dba Ocean Asian Restaurant & Buffett, leased 7,220 square feet at College Park Plaza, 3495 W. 86th St. The landlord, Sandor, was represented by Jamison Downs and John Holloway. The tenant represented itself.
-Safis Solutions leased 3,814 square feet at the Marott Center, 342 Massachusetts Ave. The landlord, Rubin & Levin, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners. The tenant represented itself.
-W.G. Grinders leased 2,729 square feet at Providence Shoppes II, 12505 Old Meridian St., Carmel. The tenant was represented by Keith Fried of Sitehawk Retail Real Estate. The landlord, Buckingham Cos., was represented by Susannah Gershman of Thompson Thrift and Natasha Evans of Buckingham.
-Tax Management Associates Inc. leased 1,681 square feet of office space at 6081 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-The United States Army leased 1,618 square feet at Stony Creek Marketplace, 17033 Mercantile Blvd. The landlord, Inland Southeast Stony Creek LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate. The tenant represented itself.
-Lincare Inc. leased 1,200 square feet of office space at 8847 Commerce Park Place. The landlord, Dhillon Commerce Park LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.
-Hair Cut Connection leased 1,000 square feet of retail space at 9506 N. Keystone Ave. The tenant was represented by Richard Jones of Lee & Associates. The landlord, MA Keystone LLC, represented itself.