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Articles

Records – Oct. 8, 2012

October 4, 2012

Records listings from the Oct. 8, 2012, issue of IBJ.

Leases/leasing contracts

October 1, 2012

-Connecticut Electric Inc. leased 33,500 square feet of industrial space at 1819 W 38th St., Anderson. The tenant and landlord, Duo Co., were represented by Thomas Willey of Willey Commercial Real Estate.

-Mini Blessings Childcare Ministry leased 12,000 square feet at Emerson Way Shopping Center, 5410 Emerson Way. The tenant was represented by Joe Lonneman of Ambrose Property Group. The landlord, Emerson Way LLC, was represented by Tracey Holtzman of Midland Atlantic Properties.

-Half Price Books leased 8,800 square feet at Clearwater Village, 4611-4737 E. 82nd St.  The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.

-Horizon Bank leased 7,040 square feet of office space at 117 E. Washington Street, Indianapolis. The tenant was represented by John Crisp of Cassidy Turley. The landlord, The Broadbent Co., was represented by Josh Broadbent.

-Prime Lending leased 6,216 square feet of office space at 50 E. 91st St. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.

-Transition Resources Corp. leased 3,800 square feet of office space at 600 Corporation Drive, Pendleton. The tenant and landlord, Tower Pendleton LLC, were represented by Thomas Willey of Willey Commercial  Real Estate.

-Accelerated Health Systems LLC leased 3,545 square feet at Raceway Crossing, 10934-10976 E. U.S. 36, Avon.  The tenant was represented by Jonathan Sharp at HSA Commercial Real Estate.  The landlord, Broadbent Co., was represented by Brian Broadbent.

-ATI Physical Therapy leased 3,305 square feet of retail space at 433 N. Capitol Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, American United Life Insurance Co., was represented by Jacque Haynes and Don Williams of Cassidy Turley.

-Detour American Grille Express leased 3,200 square feet at Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Rob Warstler at Colliers International. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.

-Bi Qin Shao leased 3,154 square feet at Pyramid Place Shoppes, 3502  W. 86th St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Centre Properties, was represented by Dean Almas of Sitehawk Retail Real Estate.

-Snap MyLife Indianapolis leased 2,917 square feet of office space at 8335 Allison Pointe Trail. The tenant was represented by David Black of Cresa Partners. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.

-Get Real Sports Sales leased 2,695 square feet of office space at 550 Congressional Blvd., Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Trigild, was represented by Rich Forslund of Summit Realty Group.

-Fugi Foot Spa leased 2,400 square feet at Greenwood Place, 7551-7747 S. Shelby St. The tenant was represented by Itamar Cohen of Indiana Realty Group.  The landlord, Broadbent Co., was represented by Josh Broadbent.

-MOD Salon leased 2,334 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.

-Boost Mobile leased 1,737 square feet at Georgetown Plaza, 4825-4959 W. 38th St. The landlord, Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.

-Pyone Cho Asia Market leased 1,600 square feet of retail space in Greenbriar Shopping Center, 1321 W. 86th St. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.

-Frame and Save leased 1,400 square feet at Castleton Point, 5305-5499 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.

-Whisper Hearing Center leased 1,368 square feet of office space in Smith Valley Professional Center, 1700 W. Smith Valley Road, Greenwood.  The tenant was represented by Stephen Adams and Riley Faulk of Hokanson Cos. The landlord, Smith Valley Investment LLC, was represented by Cathy Richards of Lee & Associates and Keith Turnbill of RE/MAX Select.

-Holy Family Books & Gifts leased 1,280 square feet at Carmel Walk Shopping Center, 1327 S. Rangeline Road, Carmel. The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.

Some hospitals, doctors might be cut from health plans

September 28, 2012

With health insurance premiums continuing to outstrip inflation, some health insurers and hospital systems are considering bringing back an old strategy: limiting patient access to a “narrow” network of doctors and hospitals.

BOHANON: Rating the candidates for governor

September 25, 2012

The outgoing Daniels administration takes great pride in its fiscal probity and not without justification—the state’s budget is in surplus, its credit rating is better than the U.S. governments’, and business taxes have been reduced.

Paving signals progress as I-69 creeps north

September 25, 2012

Paving on both northbound and southbound lanes of Interstate 69 from Evansville to the U.S. 231 interchange in southern Greene County is nearly completed.

Meeting Facilities – Indianapolis Area

September 18, 2012

A directory of meeting facilities in the Indianapolis area.

Indianapolis-area attractions

September 18, 2012

A directory of Indianapolis-area tourist attractions.

Audio-video services

September 18, 2012

A directory of audio-video services in the Indianapolis area.

Indianapolis area hotels and motels

September 18, 2012

A directory of hotels and motels in the Indianapolis area.

Leases/leasing contracts

September 17, 2012

-Phoenix Material Management Inc. leased a 234,000-square-foot industrial building at 800 Commerce Parkway, Greenwood. The tenant was represented by Rick Suja of Colliers International. The landlord, Greenwood Industrial LLC, was represented by Hobey Stuart of Cabot Properties.   

-Appirio Inc. leased 12,517 square feet of office space at Pan Am Plaza, 201 S Capitol Ave The tenant was represented by Alex Cantu of Summit Realty Group. The landlord, Coastal Partners LLC, was represented by Bennett Williams of Cassidy Turley.

-Robert Half Inc. leased 7,377 square feet of office space at 135 N. Pennsylvania St. The tenant was represented by Chet Rao and Eric Steiner of UGL Equis. The landlord, True North Management Group LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley.

-Royal United Financial Services LLC leased 7,282 square feet of office space at 7999 Knue Road. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Celebrate Life Inc. leased 5,400 square feet of retail space at 730 Fry Road, Greenwood. The tenant and landlord, Fayman Trust, were represented by Mike Kensill of Lee & Associates.

-Bagger Dave’s Legendary Burger Tavern leased 4,875 square feet for a restaurant at Fortune Park Shoppes, 8840 N. Michigan Road. The tenant represented by Robyn Smart of Lee & Associates. The landlord, Urbahns Property Group, was represented by Scott Levinson of Urbahns.

-Altered Physique Fitness leased 3,168 square feet for a personal training fitness center at Fortune Park Shoppes, 8840 N. Michigan Road. The tenant was represented by Dan Baldini of Polaris Real Estate. The landlord, Urbahns Property Group, was represented by Scott Levinson of Urbahns.

-American Bank leased 2,944 square feet of office space at 8335 Allison Pointe Trail. The landlord, TIC Properties Management LLC, AMO, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.

-Timothy A. Goedde MD PC leased 2,390 square feet of office space at 7430 Shadeland Ave. The landlord, SNAG LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.

-iSVR Associates leased 2,047 square feet for an Indian restaurant and catering operation at Fortune Park Shoppes, 8840 N. Michigan Road. The tenant was represented by Sathya Kattragadda of Century 21 Scheetz. The landlord, Urbahns Property Group, was represented by Scott Levinson of Urbahns.

-eLove Matchmaking 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.

-Magic Nails renewed its lease for 1,900 square feet of retail space in George Thomas Plaza, 1004 N. Shadeland Ave. The tenant and landlord, Ladywood Apartments LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

-Scott Spine Therapy leased 1,299 square feet of office space at 5750 E. 91st St. The tenant was represented by Andrew Martin of Cassidy Turley. The landlord, J.C. Partners LLC, was represented by Jack Clark of J.C. Partners LLC.

-Buckley & Associates LLC leased 1,214 square feet of office space in Brown Office Park, 9003 E. 17th St. The tenant and landlord, Arnold Brown MD PC, were represented by Cathy Richards and Mike Kensill of Lee & Associates.

-Fantastic Sams renewed its lease for 1,200 square feet of retail space in George Thomas Plaza, 1004 N. Shadeland Ave. The tenant and landlord, Ladywood Apartments LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

-Cournoyer Counseling leased 1,099 square feet of office space at 70 E. 91st St. The tenant was represented by James Clark of Jones Lang LaSalle. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.

-Loving & Caring Home Inc. leased 780 square feet of office space at 6525 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

Investor still pushing for Simon to buy rival despite opposition

September 14, 2012

Brookfield Asset Management Inc. is keeping a tight grip on its stake in General Growth Properties Inc. in a bet the second-largest U.S. mall owner is better off as an independent company that will jump in value.

COHEN: Good reason to keep gold in diversified portfolios

September 12, 2012

Metal is hedge against printing money, weakening currencies.

Simon exec: There’s ‘no interest’ in buying General Growth

September 12, 2012

A Simon Property Group Inc. executive said that the largest U.S. mall owner isn’t trying to acquire competitor General Growth Properties Inc., which announced Monday that it won’t put itself up for sale.

Leases/leasing contracts

September 10, 2012

-Recycle Force leased 51,500 square feet at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, The National Bank of Indianapolis, was represented by Ashley Bussell, Ralph Balber and Conrad Jacobs of Newmark Knight Frank Halakar. The tenant represented itself.

-ERGO Office Furniture leased 40,794 square feet of industrial space at 2525 N. Shadeland Ave. The tenant was represented by Steven Schaub of Summit Realty Group. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.

-LaForce Inc. leased 12,403 square feet of industrial space at 7750 Zionsville Road. The tenant was represented by John Hanley of CBRE. The landlord, C III Asset Management LLC, was represented by Michael Weishaar of Cassidy Turley.
 
-Senex Services leased 8,601 square feet of office space in College Park, 3333 Founders Road. The tenant was represented by Brian Askins of UGL Services-Equis Corp. The landlord, Crestline Investments LLC, was represented by Matthew Broderick of Acorn Group.

-IN Motion Orthopaedics Inc. leased 6,996 square feet of industrial space at 8904 Bash St. The tenant was represented by Jake Sturman of Jones Lang LaSalle. The landlord, Westminster Funds, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley.

-Meridian Services Corp. leased 6,711 square feet of office space at 2506 Willowbrook Parkway. The tenant was represented by Monte Brown of CB Lunsford. The landlord, Oakleaf Properties LLP, was represented by Matthew Broderick and Charlie Waggoner of Acorn Group.

-GreenLight Collectibles leased 5,515 square feet at 5755-5857 W. 74th St. The tenant was represented by Matt Waggoner and Brad Williams of Summit Realty Group. The landlord, Duke Realty Corp., was represented by Duke’s Kate Ems.

-Benchmark Family Services leased 4,577 square feet of office space at 2506 Willowbrook Parkway. The tenant was represented by Anton Graves of DTM Real Estate Services LLC. The landlord, Oakleaf Properties LLP, was represented by Charlie Waggoner and Matthew Broderick of Acorn Group.

-Simeri’s Italian Restaurant leased 2,600 square feet at Geist Shoppes, 10410 Olio Road, Fishers. The tenant was represented by Craig Ramsay of Sitehawk Retail Real Estate. The landlord, Ameriana Bank, was represented by Dean Almas of Sitehawk Retail Real Estate.
 
-AT&T renewed its lease for 2,500 square feet at Southport Commons, 4850 E. Southport Road. The tenant was represented by Kevin K. Kancherla of Excess Space Retail Services. The landlord, Southport Commons, was represented by John Baker and Larry Davis of Sitehawk Retail Real Estate.  

-Panda Express leased 2,200 square feet at Charles Street North, 4682 S. Scatterfield Road, Anderson. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Charles Street Associates LLC, was represented by Scott Gray of Sitehawk Retail Real Estate.  
 
-Josue Villalta MD leased 1,809 square feet of office space in Methodist Medical Plaza I, 6920 Parkdale Place. The tenant was represented by Steve Beals and Richard R. King III of Lee & Associates. The landlord, HTA-Medical Portfolio 3 LLC, was represented by Andrew Nordhoff of Healthcare Trust of America.

-Jack’s Pizza renewed its lease for 1,200 square feet of retail space in Sherman Commons, 3709 E. Washington St. The tenant and landlord, Indy Management Group, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

-Fabulous Hair & Nail Salon leased 900 square feet of retail space at 2912 W. 16th St. The tenant and landlord, Indy Management Group, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

IU, Purdue, others see big dip in MBA applications

September 10, 2012

Applications to the MBA programs at Indiana University and Purdue University fell sharply this year, part of a nationwide trend among many of the nation's largest and most prominent business schools.

Two more clinical trials go against Lilly

September 4, 2012

In the midst of Eli Lilly and Co.’s surprisingly positive news about its experimental Alzheimer’s drug, the company suffered two other setbacks with former stars of its pipeline.

A&E SEASON PREVIEW: Critically selected highlights

August 28, 2012

A highly selective, very subjective guide to the most promising arts and entertainment events on the way in the 2012-13 season.

Leasing/leasing contracts

August 27, 2012

-Roses, a discount department store, leased 64,460 square feet of retail space at River Ridge Plaza, 1804 S. Scatterfield Road, Anderson. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Pack Rat Storage leased 40,000 square feet at 6450 Gateway Drive. The tenant and landlord, S.F. Industrial Properties, were represented by Tom Cooler and Mark Writt of CBRE.

-Certifit Inc. leased 30,186 square feet at Gateway Park Building II, 851 S. Columbia Road, Plainfield. The tenant was represented by Brian Seitz of Jones Lang LaSalle. The landlord, Indy 40 Building 2 LLC, was represented by John Hanley and Terry Busch of CBRE.

-HFH Collision LLC leased 25,000 square feet at Northeast Commerce Park, 9031 Technology Lane, Fishers. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, The Ruzbasan Revocable Living Trust., was represented by Mark Writt and Tom Cooler of CBRE.

-The Dress Barn renewed its lease for 8,000 square feet of retail space at Southport Commons, 4850 E. Southport Road. The landlord, DAB Investments-Southport Commons, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.

-King’s Beauty renewed its lease for 6,091 square feet of retail space at Norgate Plaza, 7235 N. Keystone Ave., Unit C. The landlord was represented by Sandor Development. The tenant represented itself.

-Salon Lofts leased 4,999 square feet at Five River Crossing, 8555 N River Road. The tenant was represented by Scott Gray and Michael Cranfill of Sitehawk Retail Real Estate. The landlord, River Crossing Five LLC, was represented by Barbara Zike of PK Partners.

-Dots renewed its lease for 3,150 square feet and expanded into an additional 500 square feet of retail space at Cherry Tree Plaza, 9721 E. Washington St. The landlord was represented by Sandor Development. The tenant represented itself.

-Vera Bellezza Spa & Salon renewed its lease for 2,800 square feet of retail space at Lafayette Place, 3720 Commercial Drive. The landlord was represented by Sandor Development. The tenant represented itself.

-Yoya Frozen Yogurt leased 1,600 square feet at Pyramid Place Shops, 3520 W. 86th St.  The landlord, Pyramid Place Shops LLC, was represented by Dean Almas of Sitehawk Retail Real Estate. The tenant represented itself.

-China Happy Feet leased 1,600 square feet of retail space at North by Northeast, 7864 E. 96th St., Fishers. The landlord, NNE Associates LLC, was represented by Robyn Smart of Lee & Associates. The tenant represented itself.  

-Dr. Tavel renewed its lease for 1,580 square feet of retail space at Esquire Plaza, 8139 Pendleton Pike. The landlord was represented by Sandor Development. The tenant represented itself.

-WB Pizza leased 1,482 square feet at North Willow Mall, 2290 W. 86th St. The landlord, Township 86 Development, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Rieth-Riley Construction renewed its lease for 1,200 square feet of retail space at Lafayette Place, 3743 Commercial Drive. The landlord was represented by Sandor Development. The tenant represented itself.

-Baobab African Market renewed its lease for 1,200 square feet and expanded into an additional 1,230 square feet of retail space at 7031 N. Michigan Road. The landlord was represented by Sandor Development. The tenant represented itself.

-Nail & Spa leased 1,010 square feet at 116th Street Centre, 890 E 116th St., Carmel. The landlord, LaSalle 115 Holdings, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

HETRICK: America should encourage votes, not suppress them

August 23, 2012

In a place where voter participation pales in comparison to other nations, state after U.S. state seems hell-bent on voter suppression.

Leases/leasing contracts

August 20, 2012

-Burlington Coat Factory leased 70,000 square feet at a former WalMart store at 2575 E. Main St., Plainfield. The tenant was represented by Brad Gershman of Gershman Brown Crowley. The landlord, Tabani Group, was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate.

-ExactTarget leased an additional 22,064 square feet in the Century Building, 36 S. Pennsylvania St. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar Real Estate. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Respiratory Partners renewed its lease and expanded to 7,200 square feet of office/warehouse space in Directors Row, 2461-E Directors Row. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services LLC. The tenant represented itself.

-Imani Community Church leased 6,309 square feet of retail space at Lafayette Place, 3754 Commercial Drive. The tenant was represented by Jacqueline Haynes of Cassidy Turley. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.

-AWS Holdings renewed its lease and expanded to 6,055 square feet of office space in Directors Row, 2431-A Directors Row. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services LLC. The tenant represented itself.
 
-ARGI Financial Group leased 3,719 square feet at Castle Creek V, 5750 Castle Creek Parkway. The tenant was represented by Rob Bussell of The Bussell Group. The landlord, ORIX USA Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Unified Investigations and Sciences Inc. leased 3,300 square feet of industrial space at 7738 Moller Road. The tenant was represented by Glenn Davis of Colliers International.  The landlord, Duke Realty LLC, was represented by Jay Archer of Duke Realty.

-Prime Way Institute LLC leased 2,117 square feet of office space in the Meridian Professional Building, 3266 N. Meridian St. The landlord, PBB III LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.

-Rocket Fizz leased 2,036 square feet at 55 Monument Circle. The tenant was represented by Aaron Boyle of Midland Atlantic.  The landlord, Winthrop Management LP, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group and Ryan Hurst of Urban Space Commercial Properties.

-BroadBand Interactive Inc. leased 1,895 square feet of warehouse space at Roosevelt Business Park, 2512 Roosevelt Ave. The landlord, Gilliatte Family Realty LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.

-Polizzi Real Estate leased 1,590 square feet of office space at Auburn Woods Plaza, 9640 Commerce Drive, No. 413, Carmel. The tenant was represented by John Levinsohn of Levi Realty Investments. The landlord, Sandor Development, was represented by George Crawford of NAI Meridian.

-Mucci’s Jewelry leased 1,406 square feet of retail space at Cherry Tree Plaza, 9725 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-VIP Beauty Salon leased 1,110 square feet of retail space at 7011 N. Michigan Road. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.

-Prism Medical Products leased 1,050 square feet of office space in Directors Row, 2415-J Directors Row. The tenant was represented by Chris Black of CBRE. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services LLC.

-C&C Midwest Firearms leased 991 square feet of retail space in Clermont Shoppes, 9235 Crawfordsville Road. The landlord, Clermont Shoppes LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.

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