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    Mark Busalacchi

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Articles

Final Four finally gives Butler reason to party

March 28, 2010

About eight hours after Butler beat second-seeded Kansas State 63-56 to reach the first Final Four in school history, the
Bulldogs returned home to a large crowd and loud cheers.

Final Four corporate hospitality spending on the rise

March 26, 2010

Corporate hospitality at sports events has been stagnant in recent years, but organizers expect a big bounce for this year’s
NCAA Final Four in Indianapolis.

Former Thomson plant back in bankruptcy

March 25, 2010

A Bloomington investor bought the sprawling complex out of receivership in 2008, and had hoped
to spend more than $20 million to renovate it.

BASILE: Three lessons from a harrowing trip to Paraguay

March 25, 2010

Our trip to Uruguay and Paraguay did not get off to a good start. And it went downhill from there.

Urban expert lauds Indianapolis for progress

March 24, 2010

Native Hoosier Aaron Renn, who writes the popular Urbanophile blog, said Indianapolis stacks up well against its Midwestern
counterparts and can compete for jobs with national hot spots such as Portland, Ore.

ITT ‘buying accreditation’ strategy makes critics uneasy

March 22, 2010

ITT Educational Services and other for-profit educators are buying not-for-profit colleges to gain access to their regional
accreditation. The tactic could fuel rapid growth but makes critics uncomfortable.

Trucking firms shift gears to weather long downturn

March 18, 2010

Logistics companies have found the last few years an unparalleled challenge. If it wasn’t higher fuel prices, it was softening
business in key sectors, such as the automotive industry. Fewer goods to move created overcapacity and softened rates.

People in the news – March 22, 2010

March 18, 2010

People listings are free.

FedEx closely watching key legislation

March 12, 2010

Congress may determine long-term fate of FedEx’s Indianapolis cargo hub, where about 4,500 work.

Sales/acquisitions

March 8, 2010

-DKLD LLC bought a 13,000-square-foot industrial building at 1605 Prospect St. The buyer was represented by Bill Brennan and Steve Beals of Grubb & Ellis Harding Dahm & Co. The sellers, CDS Inc. and Alpha LP, were represented by Ted McClure of McClure Commercial & Industrial Realty. The price wasn’t disclosed.

-Blue Lake Development Inc. bought 65.66 acres at 3023 W. Morris St. The buyer was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The seller, Capstone Advisory, was represented by Sean McHale and Dean Anos of Equis Realty Group. The price wasn't disclosed.

–Chip Barnes, Matt Dickerson and Brett Spitzer of NAI Olympia Partners have been hired by Holladay Properties to market its World Connect campus, which is within the Ameriplex development just south of Interstate 70 and Indianapolis International Airport. World Connect comprises eight sites being marketed to house logistics facilities.

Scale Computing lands $9M from Silicon Valley venture firm

March 8, 2010

Data-storage upstart Scale Computing on Monday announced a $9 million investment from Silicon Valley venture firm Benchmark
Capital. The infusion will help kick-start a global sales expansion focused on Japan and Europe, said Scale CEO Jeff
Ready.

Logistics firm s2f investing $10.8M in Plainfield facility

March 8, 2010

Startup logistics firm s2f worldwide LLC will invest $10.8 million to set up its headquarters and distribution center in Plainfield,
creating 250 jobs by 2013, state economic development officials said early Monday.

Medline opens Plainfield distribution center

March 5, 2010

Illinois-based medical supplies maker Medline Industries Inc. has opened a distribution center in Plainfield, hiring 50 workers.

PANEL: Progress is being made on environmental issues in state

March 3, 2010

New Watch Video iconExperts
say Indianapolis is moving forward on recycling, that environmental research is discovering promising technologies, and that
manufacturers are finding new things to make. Local cognoscenti from the green community testify to these developments in
five included videos.

EDITORIAL: White Lodging delivers a winner for Indianapolis tourism

February 25, 2010

Hindsight is always 20/20, but in the case of the Marriott Place hotel complex, foresight was just as clear.

NCAA plans to battle counterfeiters during the men’s Final Four

February 24, 2010

A National Collegiate Athletic Association posse will be supplemented by local police officers in search of unlicensed T-shirts
and other memorabilia.

Brightpoint receives foreign trade zone status

February 23, 2010

Granting of foreign trade zone status should help the Indianapolis-based mobile device distributor be more competitive in
the global wireless market, company executive says.

Indianapolis officials used Super Bowl to prep for 2012

February 20, 2010

Nearly four dozen host committee members and Indianapolis officials attended the game. The entourage will apply what they
learned to the 2012 event.

MARCUS: Most Hoosiers don’t want mass transit

February 18, 2010

Mass transit plans are doomed to be ignored because no local government, and certainly
not the Indiana General Assembly, is interested in transportation.

Indianapolis to demonstate plug-in electric vehicles

February 18, 2010

Green watch
                            video iconCity will be among first to conduct demonstration of several plug-in electric vehicles prior to their market
launch next year.

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