Outgoing CEO: After ‘near-death experience,’ CNO doing well
CEO Jim Prieur got more than he bargained for when he took over CNO Financial Group (then-Conseco) five years ago, but he said he’s ready to step down now that the insurer is in good shape.
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Articles
Palladium works out kinks in accessible seating
The staff at the Palladium in Carmel will receive more training on how to accommodate people with disabilities after a would-be concertgoer said she was denied a pair of $20 tickets.
BENNER: Fixing dysfunctional NBA will take time, flexibility
Unlike the NFL, which is swimming in money, the NBA is drowning in red ink.
Eli Lilly using big dividend to prevent investor exodus
Lilly executives are emphatic that they have no plans to reduce the company's 49-cents-a-share quarterly cash dividend, which gives the stock a rich annual yield of 5.2 percent.
CAMPBELL: Let’s hear more trees falling in Indianapolis
The campaigns for these new developments were essentially commercials for all these nice and livable communities outside the city.
Sales/acquisitions
-The Fourth Shift bought a 9,000-square-foot industrial building and an additional lot at 2142 and 2145 Ransdell St. The price wasn’t disclosed. The buyer and seller, Wallace Engineering Corp., were represented by Rick Jones of Lee & Associates.
-S & S Manso Enterprises LLC bought a 2,083-square-foot office condominium at 1528 E. Greyhound Pass, Carmel. The price wasn’t disclosed. The buyer was represented by Sharon Thompson of KW Commercial. The seller, CSR Holdings LLC, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.
-Pace-Keystone Associates LLC bought a 72,481-square-foot office building at 9225 Priority Way West Drive. The price wasn’t disclosed. The seller, Second Step Asset Management Co., was represented by Dave Moore, Darrin Boyd and Becky Wells of Cassidy Turley. The buyer represented itself.
People
-The Epps-Elson Team—Cathy Epps, Kevin Elson and Jeff Cloyd—has joined RE/MAX Ability Plus, Carmel.
–Kevin Elson has been named managing broker for RE/MAX Ability Plus, Carmel.
Event merges forces of old, new venture-capital groups
The third annual Innovation Showcase is getting a boost from a partnership between the Venture Club of Indiana and tech social group Verge.
Massage franchise expanding Indiana presence
Scottsdale, Ariz.-based Massage Envy plans to open nine new locations in Indiana in the next year. Five of those should be in the Indianapolis area.
DINING: Same menu, new venue for downtown Bazbeaux
It was foolish, I suppose, to walk into Bazbeaux’s new Mass Ave location expecting anything culinarily different from what was served across the street at its former downtown site.
Developer tries ‘pocket’ neighborhood in Carmel
A veteran local homebuilder is tearing up the suburban residential playbook with a new project in Carmel that offers tightly spaced bungalows clustered around grassy courtyards.
Chefs become teachers as appetite grows for fresh, homemade meals
Locally and nationwide, interest in live cooking classes taught by chefs has grown. Many such classes have abandoned a traditional in-kitchen experience, opting instead for “destination” demonstrations featuring local ingredients.
Jillian’s set to vacate ground floor of downtown building
An unidentified restaurant and bar is set to sign a lease by Sept. 1 to assume the Meridian Street space Jillian’s has agreed to relinquish as part of a lease dispute with its landlord. The entertainment complex will continue to operate on the second and third floors.
Leases/leasing contracts
-Chispas leased 19,260 square feet at Lafayette Shoppes, West 38th Street and Lafayette Road. The tenant was represented by Frank Swiss of The Swiss Group. The landlord, The Broadbent Co., represented itself.
-Affordable Furniture leased 6,895 square feet of retail space at Greenwood Shoppes, U.S. 31 and Fry Road, Greenwood. The tenant was represented by Tracey Holtzman of Midland Atlantic. The landlord, The Broadbent Co., represented itself.
-Webster Veterinary Supply leased 5,400 square feet of industrial space at 2462 S. West St. The tenant was represented by Jim Teskey of Cresa Partners. The landlord, Carter Truck Lines Inc., was represented by Bill Brennan of Lee & Associates.
-Nature’s Pharm leased 4,348 square feet of retail space at Castleton Place, 5836-5896 E. 82nd St. The landlord, The Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.
-Ideal Image leased 3,200 square feet of retail space at Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Chris Wiley and Rob Warstler of Colliers International. The landlord, The Broadbent Co., was represented by John Beuoy of Broadbent.
-Protection One Alarm Monitoring leased 3,032 square feet of office space at 65 Airport Parkway, Suite 120. The tenant was represented by Jim Shook and Jon Hardy of Coldwell Banker Commercial Realty Services. The landlord, TDH Investments, was represented by Darrell Pike of Precedent Realty.
-Amicus Financial leased 2,711 square feet of office space at 8440 Woodfield Crossing Blvd. Cassidy Turley, acting as court-appointed receiver, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-Transformations Pilates Studio leased 2,228 square feet at Clearwater Crossing, 3800-3900 E. 82nd St. The tenant was represented by Brad King of Colliers International. The landlord, The Broadbent Co., was represented by John Beuoy of Broadbent.
-Ambassador Strategies leased 2,207 square feet of office space at 8606 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.
-Star Leasing leased 1,933 square feet at 11590 N. Meridian St., Carmel. The landlord, Fidelity Office Building II, L.P., was represented by Mike Napariu of REI Real Estate Services LLC. The tenant represented itself.
-Technology Interiors leased 1,600 square feet of retail space at Fall Creek Harbour, 10130 Brooks School Road, Fishers. The tenant and landlord, FCH Associates Inc., were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Foxy’s Hair Studio leased 1,546 square feet of retail space at Plainfield Village, 160 Plainfield Village Drive, Plainfield. The landlord, The Broadbent Co., was represented by Jeff Roberts of Broadbent. The tenant represented itself.
-The French Seam leased 1,400 square feet of retail space at Clearwater Shoppes, 3800-3900 E. 82nd St. The tenant was represented by George Crawford of Meridian Real Estate. The landlord, The Broadbent Co., was represented by John Beuoy of Broadbent.
-Kucic & Associates Realty leased 1,225 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant was represented by Jeff Kucic of Kucic & Associates Realty. The landlord, FCH Associates Inc., was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
Construction
-Capitol Construction Services has completed a 3,170-square-foot office build-out for D.A.D.S. at 11350 N. Meridian St., Carmel.
-Capitol Construction Services has completed a 12,128-square-foot office build-out for The Yellow Pages at 9200 Keystone Crossing.
A tasty roundup: El Rodeo, Vino Villa, Hotcakes, Subacos
Read about several new places to eat and shop in this week’s edition of the restaurant and retail roundup.
BONIFIELD: Bad laws now costing taxpayers in court
The focus of this session should have been on improving the economy and creating jobs. Instead, money, time and energy were wasted on red herrings.