The former executive of Marsh Supermarkets Inc. said he became so concerned about the company’s deteriorating finances less than a decade ago that he took the desperate step of meeting with bankruptcy lawyers.
-Shoppers World leased 27,000 square feet of retail space in Esquire Plaza, 8311 Pendleton Pike. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Planet Fitness leased 23,000 square feet of retail space in Washington Market, 10435 E. Washington St. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, Washington Market Realty LLC, was represented by Jeff Roberts of Sandor Development.
-Unclaimed Furniture leased 9,504 square feet of retail space in Esquire Plaza, 8101 Pendleton Pike, Unit A1. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Stage 1 Dance Academy leased 7,455 square feet of retail space at Ashley Crossing, 740 Lowes Blvd., Greenwood. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Consigned by Design leased 6,174 square feet of retail space at Indy Pavilions, 7035 E. 96th St., Unit A. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Body N Motion leased 6,000 square feet of industrial space in Fairfield Business Park 9327 Castlegate Drive. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, First Industrial Realty Trust, was represented by Chris Black and John Hanley of CBRE.
-Ports of Indiana renewed its lease for 5,681 square feet at 150 W. Market St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, NEA Properties Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Salon Lofts leased 4,545 square feet of retail space at Ashley Crossing, 740A Lowes Blvd., Greenwood. The tenant was represented by Michael Cranfill and Scott Gray of Sitehawk Retail Real Estate. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor.
-Compendium Software LLC renewed its lease for 4,679 square feet in Circle Tower, 55 Monument Circle. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar Real Estate. The landlord, Ambrose Property Group LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Anytime Fitness leased 4,200 square feet of retail space at Indy Pavilions, 7035 E. 96th St., Unit N. The tenant was represented Jim Runyon of FRE Advisors. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
-Dog Track Resort leased 3,750 square feet of industrial space at 2101 Cunningham Road. The tenant was represented by Greg Smith of Colliers International. The landlord, B&W Services LP, was represented by Jim Karozos and Bob Lindgren of Lee & Associates.
-Friends of The American Legion leased 1,820 square feet of retail space at East 40 Plaza, 8510 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Revol Wireless leased 1,622 square feet of retail space in Esquire Plaza, 8241 Pendleton Pike. The tenant was represented by Courtney Carper of Equity. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor.
-Hot Box Pizza leased 1,586 square feet of retail space in Village Commons III, 3147 W. Smith Valley Road, Greenwood. The tenant was represented by Jason Challand of Echelon Realty Advisors. The landlord, VC3 LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-Noble Roman’s Take-N-Bake Pizza leased 1,500 square feet of retail space in Sutton Park, 586 S. State Road 135, Greenwood. The tenant and landlord, Sutton Park LLC, were represented by Cathy Richards of Lee & Associates.
-Fannie Mae Candies subleased 1,440 square feet of retail space in North by Northeast Shoppes II, 8270 E. 96th St., Fishers. The tenant was represented by Greg Smith of Colliers International. The sublessor, iSOLDit on Ebay, was represented by Spero Pulos of Lee & Associates.
-Indiana State Building & Construction Trades Council leased 1,267 square feet at 150 W. Market St. The landlord, NEA Properties Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The tenant represented itself.
-Crepe Guys leased 1,050 square feet of retail space in Old Town Shoppes, 1232 W. 86th St. The tenant was represented by Itamar Cohen of Indiana Realty Group. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
-Lets Get Started LLC leased 1,000 square feet of retail space at Carmel Shopping Center, 1025 W Main St., Carmel. The tenant was represented by Brad Litz of Realty Partners.The landlord JR Farmer Finance LLC, was represented by Thomas Willey of Willey Commercial Real Estate.
A new redevelopment area will be created on the north side, as the Indianapolis City-County Council voted 23-5 Monday night in favor of the North Midtown tax-increment finance district.
Andrew Held had an impressive law career going—as an Indiana University-Bloomington law student, he clerked for federal Judge Sarah Evans Barker and Indiana Court of Appeals Judge Margret Robb before joining Hackman Hulett & Cracraft LLP and then Bose McKinney & Evans LLP in its Real Estate Group.
Fair Finance bankruptcy trustee Brian Bash, charged with recovering funds for Fair investors, alleges in a court filing that National Lampoon funded convicted Ponzi schemer Tim Durham’s defense. Durham is a former CEO of the film company.
The Indianapolis Zoo Associate Council—a recently formed collection of about 50 “young professionals” who support the Indianapolis Zoo—is hosting the inaugural Zoolala formal affair on Feb. 2.
New soil-productivity factors issued by the Department of Local Government Finance last year would have raised tax collections an average 18.5 percent this year.
Victor Smith will serve as secretary of commerce and Eric Doden will lead the Indiana Economic Development Corp., the incoming governor announced Thursday.
Colleges are experimenting with business models at a time when the ability of students and their families to pay are dropping dramatically, and endowments and scholarship funds remain depressed.
Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting the best of the deal.
A federal judge says former Indiana financier Tim Durham doesn't have to pay to appeal his conviction for swindling investors out of more than $200 million.
Tim Durham, the Indianapolis businessman who used to dream of becoming the world’s richest man, ended 2012 broke and facing a 50-year prison sentence for orchestrating a $250 million Ponzi scheme.
Kudos to Greg Andrews on his [Dec. 10] column about the Fair Finance fraud. There is no excuse for this criminal behavior, and Tim Durham and his buddies got what they had coming to them. But Andrews is spot on in highlighting the complicity of the investors in their demise.
An Indiana financier and former chief executive of National Lampoon who was convicted of swindling investors out of about $200 million says he can't afford to hire an attorney to handle his appeal.
Indianapolis businessman Tim Durham has begun the process of appealing his conviction to the Seventh Circuit Court of Appeals in Chicago. Durham was sentenced to 50 years in prison after a jury found him guilty on 12 felony counts.
The Indiana Toll Road lease may have paid off in the short term, but a new study concludes it'll be a bad deal for taxpayers in the long run. Indiana officials say the report is flawed.
