Developer plans $54 million in new apartment projects
A local developer plans to invest more than $54 million to build apartment communities adjacent to the Rivers Edge shopping center in Indianapolis and Metropolis in Plainfield.
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Leases/leasing contracts
-Lapmaster International LLC leased 24,562 square feet of industrial space at 9059 Technology Drive, Fishers. The landlord, Teddy and Julia Bates, were represented by Todd Vannatta and Bart Book of Cassidy Turley. The tenant represented itself.
-Keybank National Association leased 22,548 square feet of office space and 3,627 square feet of retail space at 10 W. Market St.. The tenant was represented by Mike Corr and Denice Michel of Jones Lang LaSalle. The landlord, MT Acquisitions LLC, was represented by Dave Moore, Andrew Martin, Bennett Williams and Darrin Boyd of Cassidy Turley.
-The Tile Shop LLC leased 18,804 square feet at Greenwood Point, 8014-8080 S. U.S. 31. The tenant was represented by Bill Argall of Great Street Realty. The landlord, The Broadbent Co., represented itself.
-Today’s Furniture and Mattress leased 9,418 square feet at Greenwood Point, 8014-8080 S. U.S. 31. The tenant and landlord, The Broadbent Co., represented themselves.
-Family Dollar leased 8,400 square feet at Georgetown Plaza, 4825-4959 W. 38th St. The tenant was represented by Atwater Group. The landlord, The Broadbent Co., represented itself.
-Royal United Financial Services LLC leased 8,369 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.
-Otis Elevator Co. leased 5,425 square feet of flex space at Corporate Center North II, Building 9, 6000-6488 Corporate Way. The tenant was represented by Tim Norton and Alex Cantu of Summit Realty Group. The landlord, Cal East Industrial, was represented by Russell Van Til, Bryan Poynter and Kyle Powell of Cassidy Turley.
-Gigi’s Playhouse and Learning Center leased 4,200 square feet at Washington Shoppes, 10009-10089 E. Washington St. The landlord, The Broadbent Co., was represented by Michael Sloan. The tenant represented itself.
-Advantage Technology Solutions LLC leased 3,600 square feet of industrial space at 8559 Zionsville Road. The tenant was represented by Harvey Levin of Coldwell Banker Commercial Realty Services. The landlord, BRE/US Industrial Properties LLC, was represented by Andrea Hooper of Summit Realty Group.
-Paycor Inc. leased 3,415 square feet of office space at 11611 N. Meridian St., Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Zeller Realty Group, was represented by Tristan Glover of Zeller Realty Group.
-Daisy’s Alterations leased 1,546 square feet at Plainfield Village, 160 Plainfield Drive, Plainfield. The tenant and landlord, The Broadbent Co., represented themselves.
-Geist Market & Deli leased 1,200 square feet of retail space in Fall Creek Harbour Shoppes, 10122 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
Heartland Sweeteners plans $10M upgrade to Indy plant
Heartland Sweeteners LLC plans to spend nearly $10 million to upgrade its Indianapolis plant and potentially boost its work force there by 39 employees in the next five years.
2011 WOMAN OF INFLUENCE: Angela D. Adams
As one of the city’s top immigration attorneys, Angela D. Adams is at the center of the debate on reform.
2011 WOMAN OF INFLUENCE: Christine Altman
This Hamilton County commissioner is a leader in the drive to improve public transportation in central Indiana and promotes regional cooperation among the diverse communities of central Indiana.
Group for disabled has plan to improve services
The Arc of Indiana's executive director says the state has more than 20,000 people with intellectual and developmental disabilities waiting for services.
New apartments in 2012 on track for a 25-year high
A survey of developers suggests up to 3,438 new units could hit the rental market next year, which would be the highest total since 1987, when central Indiana gained about 4,500 units.
Ticket and CD Giveaway: Indianapolis Symphonic Choir and more
Indianapolis Children’s Choir and Indianapolis Chamber Orchestra joined ISC on new recording.
Slower sales curb results at Adesa parent
Carmel-based KAR Auction Services suffered a 16-percent decline in its adjusted profit, missing analyst expectations.
Fast-growing First Watch plans 5 local restaurants
Patachou is getting some new competition. A breakfast-and-lunch chain called First Watch plans to open at least five new locations in the Indianapolis area.
KENNEDY: A cautionary tale about politics and policy
The Litebox story makes a bigger point … about the entire policy of cities “buying” jobs by offering financial incentives to companies that promise to move and/or expand.
Carmel free clinic drawing jobless professionals
Trinity Free Clinic in Carmel began in 2000 to serve a growing Hispanic immigrant population. Since the latest recession, so many people—including unemployed professionals—have found their way to the clinic that the portion of white patients has grown from one-third in 2008 to 47 percent last year.
Indianapolis’ tech sector getting some Silicon Valley cred
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
Centier Bank opens Indianapolis-area loan production office
The Merrillville-based bank is testing the waters before launching a retail-banking presence.
Carmel resident takes entrepreneurship plunge with Amy’s PJs
Amy Graham left her job as marketing director of a plastic surgery practice early this year to pursue her dream of running a high-end pajama boutique.
New booze permits unleash gold rush
The Indiana Alcohol & Tobacco Commission plans to sell up to 101 new three-way restaurant permits for Marion County at an auction Nov. 18. The offering follows a recalculation—using fresh U.S. Census numbers—of how many permits should be distributed in the city.
Leases/leasing contracts
-CNG Source Inc. leased 24,060 square feet of industrial space at 1350 Brookville Way. The tenant was represented by Michael Weishaar of Cassidy Turley. The landlord, First Industrial Realty Trust, was represented by Brian Buschuk and Brian Seitz of Jones Lang LaSalle.
-Virtual Marketing Strategies Inc. leased 22,578 square feet of office space at 8425 Woodfield Crossing. The tenant was represented by Matt Langfeldt of Summit Realty Group. The landlord, Cassidy Turley, acting as court-appointed receiver, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-Cascade Asset Management LLC leased 15,672 square feet of industrial space at 5121-5151 Decatur Blvd. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Holladay Properties, was represented by Matt Dickerson of Jones Lang LaSalle.
-St. Joseph Institute for the Deaf leased 10,540 square feet of retail space at 9192 Waldemar Road. The tenant was represented by Tom Osborne of Colliers International. The landlord, Landco-Waldemar, represented itself.
-Tech Electronics Inc. leased 8,000 square feet of industrial space at 2350-2360 Executive Drive. The tenant was represented by Kyle Powell of Cassidy Turley. The landlord, RJ Moore Family Partnership, was represented by Jake Sturman of Jones Lang LaSalle.-ASC Group leased 3,540 square feet of office space at 9376 Castlegate. The tenant was represented by Paul Dick and Kevin Dick of Colliers International. The landlord, Castlegate Associates LLP, was represented by Tyler Mensch of Cassidy Turley.
-LincLogix Inc. leased 2,638 square feet of office space at 7439 Woodland Drive. The tenant was represented by Pete Anderson of Cassidy Turley. The landlord, Tau Kappa Epsilon Fraternity, was represented by George Crawford of NAI Meridian Real Estate Services.-Weight Watchers leased 1,600 square feet of retail space in Centre East, 10537 E. Washington St. The tenant was represented by Robyn Smart of Lee & Associates. The landlord, Centre East LLC, was represented by Jake Teter of Centre Properties.
-Riverwood Financial Group LLC leased 1,529 square feet of office space at Carmel Office Court, 301 E. Carmel Drive #F100, Carmel. The landlord, Carmel-301 LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.
-Indiana District of Kiwanis International leased 1,396 square feet of office space at 8060 Knue Road. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-Edward D. Jones & Co. LLP leased 1,157 square feet of office space at 4181 E. 96th St. The tenant was represented by Dave Ellis of Fenway Commercial Real Estate. The landlord, WAFS LLC, was represented by Brad King and Kevin Dick of Colliers International.
-Muscle Relief & Relaxation expanded its office lease to 1,125 square feet at Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.-Solo Diagnostics leased 700 square feet of office space in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
Construction
-Capitol Construction Services has completed a 3,900-square-foot restaurant build-out for Late Harvest Kitchen at 8605 River Crossing Blvd.
-Capitol Construction Services has completed a 7,040 square-foot office build-out for Semler Financial at 11711 N. Meridian St., Carmel.