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Articles
DINING: New Carmel eatery joins upper crust of local pizzerias
And the housemade sauce is great for dipping. Third in a month-long series of reviews of restaurants in recently rehabbed spaces
Huge housing, golf development planned for Westfield
The developer who delivered high-end housing to Westfield a decade ago with The Bridgewater Club is working on plans for another upscale golf community near the city’s Grand Park Sports Complex.
Momentum builds for state water plan; some fear conflicts over shortages
Indiana is generally water-rich, but advocates of resource planning say the state runs the risk of supply crises that would hamper economic development.
Sunrise Golf Club property set to hit the market
The sun is setting on Carmel’s Sunrise Golf Club, which is scheduled to close at the end of the month following the death of a property owner.
Homebuilder Estridge plans return after landing $25M
Paul Estridge Jr. says he is returning to the home-building business after securing $25 million from a private-equity firm in North Carolina. The venture’s first project will be Harmony, a 270-acre community in Westfield.
Eight Mattress World locations to rebrand as PureSleep
The Michigan-based owner of the Indiana mattress stores plans to take them upscale with a signature sleep-diagnostic system.
Investors pour $5 million into beer technology firm
Carmel-based SteadyServ Technologies expects to roll out its keg-sensor system early next year and trigger an aggressive hiring phase.
Leasing, leasing contracts
-Merrill Lynch leased an additional 16,899 square feet and renewed its lease for 38,145 square feet at Five Parkwood, 500 E. 96th St. The tenant was represented by Nick Svarczkopf of CBRE. The landlord, Duke Realty, was represented by Duke's Traci Kapsalis.
-Kohl’s Department Stores Inc. leased 9,434 square feet at 1729 S. U.S. 31, Greenwood. The landlord, 1729 S. US 31 LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-Aerotek renewed its lease for 8,040 square feet of office space at Five River Crossing, 8558 N. River Road. The tenant was represented by Jamie Smith and Russell Van Til of Cassidy Turley. The landlord, an affiliate of PK Partners, represented itself.
-Preferred Financial Solutions Inc. leased 6,423 square feet of industrial space at 5665 W. 74th St., Building 117. The tenant was represented by Glenn B. Davis of Colliers International. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Crossroads Brewing Co. leased 5,800 square feet at Country Center, 1140 N. State Road 135, Greenwood. The landlord, TCP Greenwood, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-TurningPoint leased 4,545 square of retail space at Five River Crossing, 8558 N. River Road. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, an affiliate of PK Partners, represented itself.
-Franklin American Mortgage Co. leased 2,539 square feet of office space at Five River Crossing, 8558 N. River Road. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE. The tenant represented itself.-Applied Marketing leased 2,522 square feet at 550 Congressional Blvd. The tenant was represented by Nick Svarczkopf of CBRE Inc. The landlord, 550 REI-Perennial LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Qdoba Mexican Grill renewed its lease for 2,200 square feet at Emerson Commons, 6905 S. Emerson Ave. The landlord, Emerson Commons Way LLC, was represented by Larry Davis of Sitehawk Retail Real Estate. The tenant represented itself.
-Barre 2K LLC, doing business as The Bar Method, leased 2,173 square feet of office space at 10425 Commerce Drive, Carmel. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, West Carmel CP I LLC., was represented by Tom Ott of Coastal Partners LLC.
-Starbucks leased 2,000 square feet of retail space at Nora Shops West, 1250 E. 86th St. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, an affiliate of PK Partners, was represented by Bryan Chandler of Eclipse Real Estate.
-Red Wing Shoes leased 1,673 square feet at Centre East, 10863 E. Washington St. The tenant was represented by Bowman Elder of Vernick & Associates Ltd. The landlord, Centre East LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Jersey Mikes leased 1,400 square feet at Merchants Pointe, 2271 Pointe Parkway, Carmel. The tenant was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate.
-Chocolate for the Spirit leased 1,200 square feet of retail space at 301 E. Carmel Drive, Carmel. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International. The tenant represented itself.
-Kitchen Masters leased 1,154 square feet at Greendale Shopping Center, 789 U.S. 31 North, Greenwood. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Greendale LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Dottie Couture leased 950 square feet of retail space at Five River Crossing, 8558 N. River Road. The tenant was represented by Allison Hawley of Niessink Commercial. The landlord, an affiliate of PK Partners, represented itself.Meridian Mark buildings in Carmel expected to hit market
The two eight-story, granite-clad buildings are highly visible along the North Meridian Street corridor, which has become attractive to investors as the market’s vacancy rate continues to fall.
Carmel woman reported missing
Carmel police are searching for a woman who has been missing for five days. Natalya Kuznetsova, 44, was last seen at The Fresh Market, 2490 E. 146th St., on Oct. 17. The 5-foot-8, 150-pound woman has brown hair and brown eyes. She drives a tan Buick Rendezvous with Indiana license plate 201CBQ.
Pizzeria plagiarism? Napolese suing Crust over close likeness
Cafe Patachou founder Martha Hoover contends the owner of newcomer Crust in Carmel has stolen the look of her Napolese pizzerias and is confusing customers.
Pences settle into 1928 Governor’s Mansion in Butler-Tarkington area
The state’s first couple are adding small personal touches and raising money to continue making improvements.
ITT tops expectations despite falloff in profit, revenue
ITT Educational Services Inc. said new-student enrollment rose 5.2 percent in the third quarter, to 20,307. However, total student enrollment was down 7 percent from a year ago, to 60,997.
Carmel firm’s bird feeders perched in 2,700 Walmarts
Sisters Jan Long and Chris Mowery had little more than an idea in 1995 when they trekked to Kmart’s corporate headquarters to pitch a product they thought had potential: a recyclable bird feeder their father had designed to promote his plastics business. They left with their first big contract.
Five tech firms with varied niches are on promising trajectories
Reaching the publicly traded level might not happen for anyone in the next year or two, but Indianapolis has several companies (including Jeff Ready’s Scale Computing) that have hoisted themselves out of the often-shaky startup phases and are ready to take off.
Merchants’ Square stores coming down to make way for Flix Brewhouse
Carmel’s Merchants’ Square shopping center will be getting a mini makeover thanks to coming attraction Flix Brewhouse.
2013 WOMAN OF INFLUENCE: Tania Castroverde Moskalenko
Arts have always been part of life for Tania Castroverde Moskalenko, president and CEO at the Center for the Performing Arts.
Indy charter school gets gift valued at about $2M
Steve Russell, of Carmel, founder of Indianapolis-based trucking company Celadon Group Inc., and his wife, Livia, gave the gift to Herron High School.