Carmel-based power provider receives $5M federal grant
The Indiana Municipal Power Agency will use funds through the American Recovery and Reinvestment Act to retrofit streetlights
in 20 communities that it serves.
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New federal rules target for-profit college recruiting
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford.Herron High School ranked among nation’s best
Newsweek's list of top high schools, released Monday, ranks more than 1,600 schools, including 28 in Indiana.
Attorney may ask for federal investigation
The attorney for one of the Carmel High School assault victims could ask for a federal investigation into the case. Robert
Turner believes the grand jury was "unfairly influenced" when it charged four former basketball players with misdemeanors.
He believes students from a lower social status would have been charged with felonies. He plans to subpoena the grand jury
evidence as part of a multi-million dollar lawsuit filed by the victim's family.Leasing/leasing contracts
-Third-party logistics provider OHL leased 507,544 square feet at 281 Airtech Parkway, Plainfield. The tenant was represented by Andrew Morris, Jeremy Woods, Matt McGrady and Jon Shuel of Summit Realty Group and Randy Wolcott of Brentwood, Tenn.-based ProVenture. The landlord, ProLogis, represented itself.
-NETech Corp. leased 14,846 square feet at Carmel Tech Center, Building III, Carmel. The tenant was represented by Zane Brown of CB Richard Ellis. The landlord, Atapco Carmel Inc., was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.
-American Surety Co. leased 10,737 square feet in Parkwood One, 250 E. 96th St. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, Duke Realty, represented itself.
-Cassidy Turley leased 4,480 square feet at Market Tower, 10 W. Market St. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Andrew D. Martin of Cassidy Turley. The tenant represented itself.
-Shebella’s Pizza & Deli leased 3,280 square feet at Indy Pavilions, 7035 E. 96th St. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.
-Fishers Urgent Care leased 2,800 square feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.
-Brain Balance leased 2,020 square feet of retail space in Park Meridian, 9510 N. Meridian St. The tenant was represented by Del DeMao of Cassidy Turley and Andrew Clifford of Clifford Realty. The landlord, Landmark Properties Inc., was represented by Russell VanTil of Cassidy Turley.
-Urthtones Salon & Spa leased 1,848 sqare feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.
-Tuchman Cleaners renewed its 1,908-square-foot lease at Northbrook Shopping Center, 1475 West 86th St. The landlord, 86th & Ditch Road Realty Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Subway leased 1,720 square feet at Precedent Retail Center, 3855 E. 96th St. The tenant and landlord, The Retail Center at Precedent Park LP, were represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Edward Jones leased 1,477 square feet at 8440 Woodfield Crossing. The tenant was represented by Darrin L. Boyd of Cassidy Turley. The landlord, Woodfield II & III LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Kiss Kiss Bang Bang leased 1,300 square feet at Fishers Town Center, 116th Street and Fishers Point Boulevard, Fishers. The landlord, The Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.
Washington Square area getting first new retail strip in three years
Thompson Thrift, based in Terre Haute and Carmel, has started construction on Washington Square Commons, a 9,000-square-foot
retail strip at 10110 E. Washington St., at a major entrance to Washington Square Mall.Local artist Knabe lands in Indiana Design Center
Walter Knabe, this year’s official artist of the Indianapolis 500, will set up shop this summer in the Indiana Design Center,
part of the Carmel’s Arts and Design District.Is going multimodal next for Carmel?
Carmel’s virtual Disney World of new, high-density attractions—from the mixed-use City Center to the Carmel Arts and Design
District—were built with walking and biking access in mind. A recently completed study shows the potential to link numerous
other city destinations by multiple forms of transportation.DINING: Spice is nice at Main St. Carmel Cajun
Second in our month-long series of reviews of “elemental” eateries.
LOU’S VIEWS: Feinstein more than fine at Great American Songbook Competition
High school vocal competition soared in second year. Winner landed New York gig.
Avon gives senior-living facility tax abatement
Leo Brown LLC’s 20-acre, $36 million senior-living community is expected to create 132 jobs with an average salary of $37,000
when it is completed in 2011.Ballard bets big on $16 million software project
Concluding a year-long evaluation and public bidding process, mayor chooses Oracle’s PeopleSoft to replace local government’s
1970s-era financial IT system and New York-based Zanett Inc. to lead the implementation.IT consulting firm plans to create 230 jobs
Miller Consulting Group will move its headquarters from Indianapolis to Noblesville and add the jobs by the end of 2013,
the company said Wednesday morning.Notes: Palladium lineup and more
News from the Center for the Performing Arts…and some of its soon-to-be resident companies.
eTapestry co-founder headed for Baltimore
Longtime local IT entrepreneur Jay Love accepts job as CEO of software-maker Social Solutions, a loss for the Indianapolis
high-tech and not-for-profit communities.IRS rules might solve not-for-profit mystery
New filing requirement promises real numbers, but compliance is weak.
MORRIS: An introduction and invitation from the publisher
I am grateful and humbled for the opportunity to serve as the sixth publisher in IBJ’s
history, succeeding Chris Katterjohn, who was publisher the past 20 years.Leasing/leasing contracts
-Furniture Biz leased 15,700 square feet at Cherry Tree Plaza, 9701 E. Washington St. The tenant and landlord, Winkal Holdings, were represented by John Schick of The Broadbent Co.
-Tuesday Morning leased 15,108 square feet at Merchants Square, 2160 East 116th Street, Carmel. The tenant was represented by Wayne O’Hara of Sitehawk Retail Real Estate. The landlord, Merchants 450 LLC, was represented by Jacque Haynes and Del Demao of Cassidy Turley.
-Goodin Abernathy & Miller LLP leased 7,965 square feet at 8900 Keystone Crossing. The tenant was represented by John Corey of Levi Investment Realty Inc. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Progressive Casualty Insurance Co. leased 6,480 square feet at 4642 Northwestern Drive, Zionsville. The landlord, SMB LLC, was represented by Brett Spitzer and Jason Speckman of NAI Olympia Partners. The tenant represented itself.
-Intecare Inc renewed and expanded its 3,959-square-foot lease at 8604 Allisonville Road. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Nelnet Inc. subleased 3,800 square feet at 10500 Kincaid Drive, Fishers. The tenant was represented by Brooke Augustin and Bryan Augustin of NAI Olympia Partners. The lessor, Samex Capital Partners LLC and Samex Capital Advisors LLC, represented themselves.
-Philo Urban Metals Technology Corp. leased 3,600 square feet at 5709 W. 85th St. in Park 100. The tenant was represented by Raymond Modglin of The Modglin Group. The landlord, ProLogis, was represented by Brett Spitzer and Jason Speckman of NAI Olympia Partners.
-Long’s Mattress World leased 3,000 square feet at Castleton Point, 82nd Street and Allisonville Road. The tenant was represented by Chris Carmen of Centre Properties. The landlord, The Broadbent Co., was represented by Broadbent’s John Beuoy.
-Global Partners Ltd. leased 2,475 square feet at 8200 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Intec & Company Inc. renewed its 1,874-square-foot lease at 2611 Waterfront Parkway, East Drive. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Rapid Logistics leased 1,232 square feet at 2611 Waterfront Parkway, East Drive. The tenant was represented by Tom Frank of Summit Realty Group. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.Anti-development property owner gives homestead to local land trust
A 16-acre wood nestled against the White River and surrounded by the Keystone at the Crossing shopping center will become
a public nature preserve.