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Leases/leasing contracts
-Carolina Logistics Services Inc. leased 135,682 square feet at 11947 Cumberland Road, Fishers. The tenant was represented by John Hanley and Terry Busch of CB Richard Ellis. The landlord, Sunbeam Development Corp., represented itself.
-Cadillac Ranch leased 15,000 square feet at the former Music Mill, 3720 E 82nd St. The tenant was represented by Michael Cranfill and Larry Davis of Sitehawk Retail Real Estate. The landlord, White River Investments LP, was represented by Joe Kenny of Broadbent Co.
-Kuntzman Trucking Inc leased 12,355 square feet at Sierra Gateway Park Building I, 853 S. Columbia Road, Plainfield. The tenant was represented by John Hanley of CB Richard Ellis. The landlord, Indy 40 Building I LLC, represented itself.
-King Systems Corp. subleased 10,000 square feet at 9200 E. 146th St., Noblesville. The tenant was represented by Andrew B. Morris of Summit Realty Group. The landlord, Pen Products, was represented by Brad King of Colliers International.
-Department of Veteran Affairs leased 9,630 square feet at 8888 Keystone Crossing. The tenant was represented by Thomas Cortese of Acorn Group. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Smart Travel leased 6,046 square feet at 9000 Keystone Crossing. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Stonegate Mortgage Corp. leased 5,772 square feet at South Park III, 1499 Windhorst Way, Greenwood. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.
-Madmol Inc. leased 5,246 square feet at Metrocentre Business Park, 6330 E. 75th St. The tenant was represented by Rick Trimpe of CB Richard Ellis. The landlord, Metro Center Office Park LLC, was represented by Nick Svarczkopf of CB Richard Ellis.
-Connections Inc. leased 4,578 square feet at 7333 E. 21st St. The tenant and landlord, East 21st Street LLC, were represented by Matt Jackson of Ambrose Property Group.
-Happy’s Pizza leased 2,650 square feet at 3820 N. College Ave. The tenant was represented by Craig Ramsay of Sitehawk Retail Real Estate. The landlord, DM Property Management Inc., was represented by John Byrne of Cassidy Turley.
-Tetherball LLC leased 2,049 square feet at Three Meridian Plaza, 10333 N. Meridian St., Carmel. The tenant was represented by Tim Hull of CB Richard Ellis. The landlord, ARI-Meridian Plaza LLC, was represented by Nick Svarczkopf of CB Richard Ellis.
-Richard Herd leased 1,500 square feet in Sycamore Springs Office Park, 4725 Statesman Drive, Suite F. The tenant was represented by Bill Scott of Equis. The landlord, MSE Realty LLC, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.
-Smoke N Save LLC leased 1,431 square feet at Greenbrook Shoppes, 8305 U.S. 31. The landlord, Williams Realty Nine LLC, was represented by Tom English and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.
-Regis leased 1,400 square feet of space in Water Place Park, 8935 N. Meridian St. The tenant was represented by Patrick McCaffery of Cresa Partners. The landlord, Equicor Development Inc., was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.
-Subway Sandwich Shops renewed its lease for 1,250 square feet at Harbourtown Center at Morse Lake, Noblesville. The tenant and landlord, Harbourtown Center LLC, were represented by Bill Ernst of Charter Commercial Realty Group.
-Shelter Mutual Insurance leased 500 square feet of office space at 720 Fry Road, Greenwood. The tenant and landlord, L-Five Properties LLC, were represented by Cathy Richards and Mike Kensill of Lee & Associates.
Company news
Franciscan St. Francis Health’s Indianapolis hospital will be the setting for the BBC World Service radio program "World Have Your Say" on Wednesday. “We were looking for a vibrant hospital community where we could reflect the conversations that are taking place there,” Ros Atkins, host of the show, said in a prepared statement. “Through the staff, patients and their families, we hope to give one snapshot of life in America.” The one-hour show, in which topics are determined by its 45 million listeners and by guests, is broadcast daily locally at 1 p.m. on WFYI-FM 90.1.
The Indiana Spine Group physician practice opened its new Indiana Spine Center today, claiming the facility is the only one in the state to provide all aspects of spine care in one location. The 60,000-square-foot center, in Carmel near 131st and Meridian streets, has 16 exam rooms, imaging equipment, a physical therapy unit and three operating rooms. The Indiana Spine Group includes seven physicians.
Around town self-serve frozen yogurt roundup
The frozen yogurt craze has officially arrived in Indianapolis.
ChaCha broadens business strategy
Mobile-phone-answers service ChaCha Search has dialed up its largest expansion yet—entering the United Kingdom and contracting with New York City’s “311” municipal information service.
Civic debuts to new but eager audience in Carmel
The not-for-profit musical theater company has grown its subscriber base and raised $2.6 million toward a $10 million goal, Executive Director Cheri Dick said.
Leases/leasing contracts
-State Farm Insurance leased 88,408 square feet at 9200 Keystone Crossing. The tenant was represented by Aasif Bade of Ambrose Property Group. The landlord, BPG Properties Ltd., was represented by John Robinson and Abby Cooper of Jones Lang LaSalle.
-The Marion County Community Correction Board leased 14,960 square feet at 140 E. Washington St. The tenant was represented by Rick Lux of R.P. Lux Co. The landlord, Sayles Enterprises LLC, was represented by Dan Richardson and Nick Svarczkopf of CB Richard Ellis.
-Allegient leased 11,500 square feet at Meridian Tower, 201 W. 103rd St. The tenant was represented by Mike Napariu of REI Investments CPA. The landlord, BPG Properties Ltd., was represented by Adam Broderick and John Robinson of Jones Lang LaSalle.
-Grand Slam Realty leased 7,468 square feet at Fidelity Plaza-Sepro Tower, 11550 N. Meridian St., Carmel. The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, Sepro Development Co. II LLC, was represented by Alex Cantu of Summit Realty Group.
-NIAAA leased 4,565 square feet at 9100 Keystone Crossing. The tenant was represented by Andrew Martin of Cassidy Turley. The landlord, BPG Properties Ltd., was represented by John Robinson and Abby Cooper of Jones Lang LaSalle.
-ProScan Imaging of Indianapolis LLC extended its lease for 4,130 square feet at Prestwick Pointe II, 5250 E. US Highway 36, Avon. The landlord, Weston Group LLC, was represented by Stephen Daum of Summit Realty Group. The tenant represented itself.
-Sabre Communications Corp. leased 3,275 square feet at 800 E. 96th St. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, Duke Realty Corp., was represented by Adam Seger of Duke.
-Laundry Bright Inc. leased 3,168 square feet at Hanna Shoppes, 3915 Madison Ave. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, RCS Holdings LLC, was represented by Jeff Merritt of Summit Realty Group.-McKinley Jones & Associates leased 2,066 square feet at 4701 N. Keystone Ave. The landlord, Visiting Nurse Service Inc., was represented by Bill Ehret and Alex Cantu of Summit Realty Group. The tenant represented itself.
-Tactic Marketing Inc. leased 1,550 square feet of office space at 1 N. Meridian St. The tenant was represented by Bennett Williams and Andrew Martin of Cassidy Turley. The landlord, King Cole Investors LLC, was represented by Brent Benge of Paradigm Real Estate Investments.-BBB Therapy LLC extended its lease for 1,547 square feet at 70 E. 91st St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-M&V Computer Repair leased 1,200 square feet at 3350 N. High School Road. The tenant was represented by Kelli Membreno of Libertad Real Estate. The landlord, Pentak LLC, was represented by Keith Kleinmaier of Retail Realty.
-Insomnia Cookies of Indiana LLC leased 855 square feet at 809 Broad Ripple Ave. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, 801 Realty LLC, was represented by Todd Camesasca of Kosene & Kosene Inc.
People
Pete Powers has been named president of Domain Renovations, a Carmel-based construction firm.
Conservative legislator Delph won’t challenge Lugar
State Sen. Mike Delph said Wednesday he would stay in the Indiana Legislature and focus on raising his family.
PROXY CORNER: KAR Auction Services Inc.
Carmel-based KAR Auction Services Inc. is the holding company for ADESA Inc., which operates used-vehicle auctions at 70 locations, Insurance Auto Auctions Inc., which operates salvage auctions at 159 locations, and Automotive Finance Corp., which provides floor-plan financing at 89 locations.
DINING: Chicken chain wings in from Fort Wayne
Third in a series of “game on” restaurants. This week: Wings Etc.
First Financial singled out as growing company in troubled industry
The bank that took over operations of failed Irwin Union Bank of Columbus two years ago recently announced the purchase of all 22 Flagstar Bank branches in Indiana.
Greenwood mayoral rivals run from big-spender label
Greenwood’s three mayoral candidates are distancing themselves from current Mayor Charles Henderson, who lost in the May primary in large part because of his unpopular proposals for adding amenities to the southern suburb designed to attract new businesses.
Carmel-based company buys medical-billing firm
Zotec Partners, a fast-growing physician-billing management company based in Carmel, has acquired a family-owned medical-billing firm with 100 employees based in Florida.
Carmel council members OK benefits
Carmel City Council members on Monday night voted to give themselves health and life insurance benefits. The proposal passed 5-2. The plan will cost taxpayers about $20,000 per council member. Council members John Acceturo and Joe Griffiths voted against the measure.
Airport Authority picks local firms to develop 60-acre solar farm
The Indianapolis Airport Authority announced Tuesday that it has selected a joint venture of three locally based firms to develop a 60-acre solar farm on airport property.
TAFT: More leverage needed from Water Co. sale
If these funds are completely spent on infrastructure repairs or even enhancing service programs by capitalizing a new endowment, we will miss an opportunity to attract a far greater investment in transforming our core city.
Assumptions hurt Libman, others
When any president or CEO leaves, a review and audit are routinely done to reassure the organization that all was handled correctly and that there was no illegal behavior, so they can move forward with a new leader.
Tech firm interests youth in Web development
Bitwise Solutions offers program to teach middle-school and high school students how to develop websites.