Just a few minutes northeast of vibrant Monument Circle lurks the most notorious graveyard of Indianapolis’ industrial heyday—at least 70 of the city’s 500 brownfields. Now planners and developers aspire to revitalize the most contaminated neighborhood in Indianapolis into a success story.
Kite Realty Group Trust has landed Goodwill, Dollar Tree and Mexico City Grill for a renovation of its Fishers Station shopping center at the northeast corner of 116th Street and Allisonville Road in Fishers.
Neurosciences center and administrative building would employ workers with annual salaries ranging from $27,000 for clerical staff to as high as $104,000 for management.
The prolific developer of urban apartments plans to turn the building into an affordable artists’ community.
A prolific developer of urban apartments has acquired another building near downtown and plans to turn it into an affordable
artists' community.
-Maintenance Supply leased 49,977 square feet at Gateway Park Building II, 851 S. Columbia Road, Plainfield. The tenant was represented by Kevin Kempf of Cassidy Turley and Bill Littleton of Colliers International. The owners of the building, HSA Commercial and Coastal Partners LLC, were represented by Terry Busch, Nikhil Gunale and John Hanley of CB Richard Ellis.
-Holdsworth North America Inc. leased 14,373 square feet at 2840 Fortune Circle East, Suites D, E and F in a renewal that included a 4,898-square-foot expansion. The tenant was represented by Ryan Kelly and Steve Schaub of Summit Realty Group. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle.
-Indiana Bank & Trust leased 12,163 square feet of office space at Pan American Plaza, 201 S. Capitol Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Pan Am SCE I LLC, was represented by Bennett M. Williams and Pete Anderson of Cassidy Turley.
-Develop Indy subleased 9,500 square feet in the Chase Tower. The tenant was represented by Jon Owens and Brian Meeks of Cassidy Turley. The sublandlord, J. Walter Thompson USA, was represented by Dan Richardson and John Vandenbark of CB Richard Ellis.
-Tabor Law Firm LLP leased 5,939 square feet at Three River Crossing, 3610 River Crossing Parkway. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, River Crossing Three LLC, was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.
-Bedel Financial Consulting leased 5,720 square feet at One River Crossing. The tenant was represented by Darrell Pike of Pike Real Estate Services. The landlord, Franklin Street Properties, was represented by Dan Richardson and John Vandenbark of CB Richard Ellis.
-The Greater Greenwood Chamber of Commerce leased 2,305 square feet in Greenwood Commerce Center, 65 Airport Parkway, Greenwood. The tenant was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co. The landlord, TDH Investments LLP, was represented by Darrell Pike of Pike Real Estate Services LLC.
-Hoosier Broadcasting Corp. leased 2,250 square feet at 3500 DePauw Blvd. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, CP Pyramid Associates LP, was represented by David A. Moore, Darrin L. Boyd and Bennett Williams of Cassidy Turley.
-The Law Offices of Diamond Z. Hirschauer leased 1,662 square feet at Market Square Center, 151 N. Delaware St. The landlord, Hertz Indianapolis One LLC, was represented by Crystal Houston and Dan Richardson of CB Richard Ellis. The tenant represented itself.
-RCS Holdings LLC leased 1,012 square feet in SePro Tower, 11550 N. Meridian St.. The landlord, SePro Corp., was represented by Bill Ehret and Rebecca Baer of Summit Realty Group. The tenant represented itself.
-The former Donatos Pizza location at 7126 East 116th St., Fishers, assigned its ground lease to The Farmers Bank. Donatos was represented by Jeff Hubley of Midland Atlantic. Farmers Bank was represented by Michael House of Peacock Properties.
-DWC Restoration Co. leased 750 square feet in the Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
The city plans to open police-and-fire hubs in two former IPS schools, retrofit
an Eastgate mall department store into an Emergency Operations Center, and build at least two fire stations.
A $32 million plan to replace a troubled low-income housing project at 16th Street and Park Avenue cleared a final hurdle
Wednesday at
a hearing of the Metropolitan Development Commission. Check out renderings.
New restaurants including The Ripple Inn, The Sinking Ship and Longhorn Steakhouse are planned for the Indianapolis area.
Frankfort-based bank plans to open locations in Fishers and Noblesville as part of its plan to expand its presence in Hamilton
County.
Check out a brand new rendering of the redevelopment of the Penn Arts building.
Vacancy rates in the downtown and Keystone at the Crossing markets climbed in the past six months, according to
Meridian
Real Estate’s latest report, but the market shows signs of stabilizing.
City Flea Market has filed plans to take 15,000
square feet in the former Sport Bowl, a south-side institution for 67 years that closed in May 2008.
A flea market is replacing a former bowling alley. Plus: A new candy shop planned for Noblesville; Monical’s heads to Lawrence;
and Panda Express eyes IUPUI campus.
-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.
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.
Sheryl Crow performs at Southern Indiana’s Horseshoe Casino, June 12. Details here.
Loverboy offers two shows on June 12 at Hoosier Park. Details here.
Here Come the Mummies headlines Party in the Park at Northside Opti-Park, June 12. Details here.
Local musicians and artists are celebrated June 13 at the Independent Music and Art Festival at the Harrison
Center for the Arts. Performers include Lord of the Yum Yum, Mandy Marie and the Cool Hand Lukes, and Denison Witmer. Details
here.
The 55th annual Talbot Street Art Fair takes over the area between 16th and 20th Sts between Delaware and
Pennsylvania Sts. on June 12-13. Details here.
Ingrid Michaelson takes the stage at the Vogue, June 15. Details here.
-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.
I hope [Bill Benner’s May 17 column is] right and that the new management at the Speedway finds ways to bring back
the “luster” of the old 500s. But it just doesn’t appear that way.
Continued fallout from a contentious open-wheel split, coupled with an uncooperative economy, have led to sagging sales for
many Indianapolis 500 vendors like Ben Justice, left. But they say they have reason to be optimistic.
