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Articles
TechPoint picks young entrepreneur as new leader
Leaders for TechPoint, the statewide technology business initiative, have tapped a new president who they think is a veritable poster child for successful entrepreneurship.
Maurer on target
A note to heartily second your thoughts [Maurer column, Nov. 12] regarding Republican Party politics.
Yats founders prepare to franchise chain across Midwest
Yats founders Joe and Regina Vuskovich decided earlier this year to grow their restaurant through franchising. Broad Ripple resident John Sutton and his sister Brittany Franken jumped at the opportunity.
Carmel project dogged by conflict questions
An executive ousted from the firm developing The Barrington in Carmel alleges that the $142 million retirement-community project was driven by conflicts of interest.
Transit, runoff bills on environmental group’s legislative wish list
But with a legislature that could be unreceptive to environmental policy, HEC is also guarding against an unwinding of existing laws.
Wheaton Van Lines expanding HQ, adding jobs
Wheaton Van Lines Inc. plans an expansion to its northeast-side Indianapolis headquarters, a move resulting from its April acquisition of Hillside, Ill.-based Bekins Van Lines.
Leases/leasing contracts
-Medline Industries leased 180,000 square feet of industrial space at 650 S. Perry Road, Plainfield. The tenant was represented by Brian Zurawski of Summit Realty Group. The landlord, Westminster Funds, was represented by Luke Wessel of Cassidy Turley.
-Bishop Steering Technology leased 41,810 square feet of industrial space at 8804 Bash St. The tenant was represented by Steve Beals of Lee & Associates. The landlord, Westminster Northeast, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley.
-Indiana University Health Occupational Services leased 9,300 square feet of industrial space at 5603 W. Raymond St. The tenant was represented by Jeff Harris of NAI Meridian Real Estate Services. The landlord, Forester Properties Inc., was represented by Bryan Poynter of Cassidy Turley.
-Project Lead the Way Inc. leased an additional 5,640 square feet at The Precedent—Building 75, 3939 Priority Way, South Drive. The tenant was represented by Tom Frank of Summit realty Group. The landlord, PP Indianapolis VII Project Corp., was represented by Rick Trimpe and Tim Hull of CBRE.
-March of Dimes Foundation leased 5,261 square feet at Metrocentre Business Park, 75th Street and Binford Blvd. The tenant was represented by Mary Beth Kohart of CBRE. The landlord, Metro Center Office Park LLC, was represented by Nick Svarczkopf and J.D. Graves of CBRE.
-TITLE Boxing Club leased 5,498 square feet at Glendale Town Center, 6101 N. Keystone Ave. The tenant was represented by Chris Ray of Catalyst Commercial Group. The landlord, Glendale Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-El Agave leased 3,280 square feet of retail space at Indy Pavilions, 7035 E. 96th St., Unit P. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-World Finance leased 2,027 square feet of retail space at College Park, 3325 W. 86th St. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Koko Fit Club leased 1,781 square feet at Geist Pavilion, 11501 Geist Pavilion Drive, Fishers. The tenant was represented by Beth Patterson of Colliers International. The landlord, 116th & Olio LLC, was represented by Blake Beaver of Kite Realty Group.
-Elite Styles leased 1,640 square feet of retail space at Indy Pavilions, 7035 E. 96th St., Unit Q. The tenant was represented by Jon Hardy of Coldwell Banker Commercial. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
-Menchie’s Frozen Yogurt leased 1,615 square feet of retail space in Stony Creek Marketplace, 17015 Mercantile Blvd., Noblesville. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, Inland Southeast Stony Creek LLC, was represented by Larry Davis of Sitehawk Retail Real Estate.
-World Finance leased 1,440 square feet of retail space at Norgate Plaza, 7235 N. Keystone Ave., Unit L. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Family Empowerment Support Services leased 1,400 square feet of retail space at Washington Market, 10423 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Precision Point Inc. leased 1,222 square feet of office space at Carmel Office Court, 301 E. Carmel Drive, Carmel. The tenant was represented by Tom Hadley of Summit Realty. The landlord, Carmel-301 LLC, was represented by Paul Dick and Kevin Dick of Colliers International.
-Forest Park Injury & Recovery Center Inc. leased 1,150 square feet of office space in Library Park, 1701 Library Blvd., Greenwood. The tenant was represented by Brenda Richards of Carpenter Realtors. The landlord, Ennis Co. Inc., was represented by Cathy Richards of Lee & Associates.
Construction
-Capitol Construction has completed an 850-square-foot fitness center in the Sheraton Indianapolis at City Centre, 31 W. Ohio St.
-Capitol Construction has completed a 2,525-square-foot lobby renovation at 3600 Woodview Trace.
-Capitol Construction has completed a 2,500-square-foot remodel of Lincoln Square Restaurant, 8150 Oaklandon Road.
-Capitol Construction has completed a 1,000-square-foot boardroom expansion at CNO Financial, 11825 N. Pennsylvania St., Carmel.
Carmel council approves refinancing package
Carmel’s City Council on Monday night voted 7-0 to approve a proposal to refinance $195 million in debt incurred by the Carmel Redevelopment Commission.
John Wooden sculpture awkwardly earns national attention
Is he coaching or supervising an early stop on the leg lamp assembly line?
2012 CFO OF THE YEAR: Bill Brunner
Bill Brunner, CFO at J.D. Byrider, is the top honoree in the private companies (revenue over $100 million) category.
EDITORIAL: Transit question is ‘how,’ not ‘if’
Mass transit advocates held a rally here to kick off Indy Connect Now, their latest attempt to convince state legislators that voters in Marion and Hamilton counties should be allowed to decide whether to fund creation of a $1.3 billion bus and light rail system in central Indiana.
Small stores vie for slice of holiday-shopping pie
National retailers are licking their chops over the $586 billion consumers are expected to spend during the holiday season, and small-business owners also are bellying up to the buffet.
Insurance customer lawsuits dog CNO
CNO Financial Group appears to have wrapped its arms around the cost of settling a trio of consumer lawsuits involving life insurance rate hikes, but it’s not out of the woods yet.
Design stars land contract for transit hub
Architect Daniel Libeskind is part of an international team chosen to design a proposed IndyGo transit hub.
Construction
-JBM Contractors has completed a 1,817-square-foot office build-out for Manpower Inc. at 7216 N. Keystone Ave.
-JBM Contractors has completed a 2,836-square-foot office build-out for Artemis Medical Group at 14555 Hazel Dell Parkway, Carmel.
-Kort Builders has completed a 2,160-square-foot restaurant build-out for Punch Burger at 137 E. Ohio St.
Leasing/leasing contracts
-Viet Hoa International Supermarket leased 25,200 square feet at Castleton Plaza, 6336 E. 82nd St. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Castleton Plaza LP, was represented by Josh Broadbent of The Broadbent Co.
-Shoe Carnival Inc. leased 25,000 square feet of retail space at 7565 US 31 South. The tenant was represented by Bob Byrne of Edge Commercial Real Estate LLC. The landlord, Nationwide, was represented by Bill French of Cassidy Turley.
-CPI Communications Products Inc. leased 13,072 square feet of office space at 7301 E. 90th St., Indianapolis. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Westminster Funds, was represented by Bryan Miller and Todd Vannatta of Cassidy Turley.
-Teddy’s Burger Joint leased 6,692 square feet of retail space in Merchants' Square, 1235 Keystone Way, Carmel. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, Merchants 450 LLC, was represented by Gilli Zofan of Ramco-Gershenson Properties Trust.
-Blume & Blume leased 6,400 square feet of industrial space at 4350 W. 10th St. The landlord, Speedway Industrial Park, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.
-Federal Insurance Co. leased 5,658 square feet of office space at One American Square at Illinois and Ohio streets. The tenant was represented by Nick Arterburn of CBRE. The landlord, American United Life Insurance Co., was represented by Jon Owens and Russ Van Til of Cassidy Turley.
-Papa Joes Jr. leased 4,000 square feet at Avon Station, 8100 E US 36, Avon. The tenant was represented by Janice Paine of Colliers International. The landlord, Avon Station Inc., was represented by Michael Cranfill of Sitehawk Retail Real Estate.
-Bruce D. Brattain leased 3,043 square feet of office space at 151 N. Delaware St. The tenant was represented by Bill Moore of Cassidy Turley. The landlord, Hertz Investment Group, was represented by Crystal Houston of CBRE.
-Jack’s Donuts leased 1,611 square feet at The Bonn Building, 13578 E. 131st St., Fishers. The landlord, Bonn Building Partners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.-Pizza Hut leased 1,124 square feet at Mohawk Landing, 729 S. Rangeline Road, Carmel. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Mohawk Investments LLC, represented itself.
-Pizza Hut leased 1,200 square feet at Arlington Square, 5914 E. 10th St. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Carnegie Cos. Inc., was represented by Thomas A Cortese III of Acorn Group Inc.
-Pizza Hut leased 1,200 square feet at New Palestine Plaza, 1396 S 600 West, New Palestine. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, New Palestine Plaza Inc., represented itself.