Marian to delay med school opening until fall 2013
The Indianapolis university originally hoped to open state’s second medical school in fall 2012, but that time line proved too aggressive.
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Leases/leasing contracts
-Superior Truck Service leased 28,000 square feet of industrial space at 5701 Elmwood Ave. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The owner of the building, Mike Hoffman, represented himself.
-Thrifty Threads renewed its lease for 14,000 square feet at Northbrook Shopping Center, 1501 W. 86th St. The landlord, Township 86th & Ditch Road Realty Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Flapjacks Restaurant leased 4,350 square feet at Chapel Hill Shopping Center, 7435 W.10th St. The landlord, Glendale Partners at Chapel Hill, was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Re/Max Metro leased 2,800 square feet at 971 N. Delaware St. The tenant was represented by Keith Turnbill of Re/Max Select. The landlord, Jora Enterprises Inc., was represented by Matthew Broderick of Acorn Group Inc.
-Sweet Repeat Consignment leased 2,500 square feet at West Carmel Shoppes, 4335 W. 106th St., Carmel. The landlord, Lawndale Plaza LLC, was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Bluegreen Vacations Unlimited Inc. leased 2,330 square feet of office space at 3500 DePauw Blvd. The landlord, CP Pyramids Associates LP, was represented by Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley. The tenant represented itself.
-Best Providers Inc. leased 2,000 square feet of office space at 8727 Commerce Park Place. The landlord, Dhillon Commerce Park LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.-Fish to Go leased 2,000 square feet of retail space in 30th & Kessler Center at 2958-2960 Kessler Blvd. The tenant and landlord, DEWERCS One LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Dr. Moazamm Habib leased 1,928 square feet at 9240 N. Meridian St. The tenant was represented by Robert Marr of Veritas Realty. The landlord, 9240 N. Meridian LLC, was represented by Matthew Broderick and Mary Anne Tobin of Acorn Group Inc.
-Wuertz Law Office LLC leased 1,572 square feet of office space at 10 W. Market St. The tenant was represented by Pete Anderson of Cassidy Turley. The landlord, MT Acquisitions LLC, was represented by Dave Moore, Darrin Boyd and Andy Martin of Cassidy Turley.
-The American Council of Engineering Companies of Indiana Inc. leased 1,269 square feet at 55 Monument Circle. The tenant was represented by John A. Crisp of Cassidy Turley. The landlord, Winthrop Management, was represented by Bennett M. Williams and Pete Anderson of Cassidy Turley.-Lionheart Tax & Accounting LLC leased 335 square feet of retail space in Fall Creek Harbour Shoppes, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
Scientists question claims in biotech letter
The widespread Internet posting of a letter by a retired Purdue University researcher who says he has linked genetically modified corn and soybeans to crop diseases and to abortions and infertility in livestock has raised concern among scientists that the public will believe his unsupported claim is true.
Health Foundation ‘far above average’
As a grantee of The Health Foundation of Greater Indianapolis, I read [reporter Kathleen McLaughlin’s March 21] article with great interest.
SKARBECK: Fed’s monetary policies drag down bond returns
Inflation is a sinister sort of tax that confiscates wealth. Bonds will lose value in an inflationary environment as interest rates rise.
IBJ movie night: ‘Win Win’
Win tickets to an April 7 screening of the terrific (yes, I’ve seen it) new film.
Fair Finance trustee renews call for return of political donations
The trustee in the Fair Finance bankruptcy has renewed a call for recipients of political contributions from accused Ponzi schemer Tim Durham to return the tainted cash after a federal grand jury indicted Durham on 12 felony counts.
As Japan shutdowns drag on, auto crisis worsens
In the weeks ahead, car buyers will have difficulty finding the model they want in certain colors, thousands of auto plant workers will likely be told to stay home, and companies such as Toyota, Honda and others will lose billions of dollars in revenue.
LOU’S VIEWS: The closing of Borders … read it and weep
The coffee smell dissipates. The signs drop from 25%-50% off to 40%-60% off. Shelves of books migrate from soon-to-be-closed-off sections to empty shelf space elsewhere, causing category labels to lose their meaning. Customers linger, wondering if a novel unworthy of their $24 might be worthy of $12. This is how it ends for Indianapolis’ only downtown full-service bookshop.
People
Community Heart and Vascular added Dr. Jo Mahenthiran as its 12th physician. Mahenthiran specializes in non-invasive cardiology and cardiac imaging. Most recently, he was an associate professor of clinical medicine and the director of cardiac imaging at the Krannert Institute of Cardiology at Indiana University. The practice is part of Indianapolis-based Community Health Network.
Robert Wade has joined Indianapolis-based Krieg DeVault LLP’s health care practice as a partner in the law firm’s Mishawaka office. His practice concentrates on hospitals, ambulatory surgical centers, physician groups, physicians and other medical providers. Wade is the creator of Captain Integrity, www.captainintegrity.com, a compliance program resource used by many hospitals, health systems and other providers.
Dr. Paul E. Driscoll has been selected as medical director for St. Francis Medical Group after serving in that position on an interim basis for several months. A family physician, Driscoll will continue to oversee clinical operations of the 140-member physician group, which is owned by Franciscan St. Francis Health. Driscoll is a graduate of the University of Maryland School of Medicine.
Harold Berfiend has been named chief operating officer of Indiana University Health Ball Memorial Hospital. Berfiend is a former controller for IU Health, when it was called Clarian Health. He came to Ball Memorial as chief financial officer after Clarian acquired the Muncie hospital in 2008.
Indianapolis-based SonarMed Inc. has named William DeMars its vice president of sales and marketing. DeMars will orchestrate the 2011 U.S. market launch of SonarMed’s Airwave system, which monitors breathing tubes for patients requiring ventilators. DeMars was previously the vice president of business development for Minnesota-based Ashmak, a medical consultancy.
Foundation defends risky, stock-heavy strategy
The Health Foundation of Greater Indianapolis is an aggressive supporter of charities that serve people with HIV and AIDS, but that aggression—in the form of a risky investment strategy and big payouts—almost led to its demise.
Home builder Estridge promises to finish homes, fight on
Paul Estridge Jr. says he’s in talks with three investors who are interested in keeping his company in business.
Smoking laws are slippery slope
I finally have reached my breaking point and felt compelled to write a letter in response to last week’s editorial.
LOU’S VIEWS: Indy Opera’s ‘Carmen’ shows upside of downsizing
When word went out that one of the three Indianapolis Opera presentations this season would be a production of “Carmen,” sans chorus, sans full orchestra, sans biggie-size sets, and sans Clowes Hall stage, it was perfectly understandable that some patrons may have lowered their expectations.
Estridge: We need cash to survive
Paul Estridge Jr. says potential investors have inquired about helping his homebuilding company. Without millions in capital and a line of credit, the business could close within a week.
Indianapolis couple offers seniors a senior housing alternative
Unusual home on south side has a dozen bedrooms for folks who need to give up their own homes.
Estridge again seeking investors to avoid closing
The Carmel-based homebuilder said Tuesday that it will shut down if outside investors or a line of credit aren’t obtained soon. The company previously received a cash infusion last June from a group of subcontractors.
Leases/leasing contracts
-Farmers Insurance leased 26,840 square feet of office space at Lake Pointe Center 5 at Allison Pointe, 82nd Street and Allisonville Road. The tenant was represented by Brian Askins of UGL Equis. The landlord, Edgeworth Laskey Properties LLC, was represented by Adam Broderick of Jones Lang LaSalle.
-Planet Fitness leased 17,456 square feet of retail space at Plainfield Crossing, U.S. 40 and Shady Lane, Plainfield. The tenant was represented by Scot Courtney and Bart Jackson of Lee & Associates. The landlord, Schottenstein Property Group, was represented by Drew Warner of Eclipse Real Estate.
-USA Funds leased 14,970 square feet of office space at One Concourse at Crosspoint, 9998 Crosspoint Blvd. The tenant was represented by Sam Smith of Colliers International. The landlord, Edgeworth Laskey Properties LLC, represented itself.-MetLife Bank leased 14,042 square feet of office space at One Concourse at Crosspoint, 9998 Crosspoint Blvd. The tenant was represented by Dan O’Neil of Jones Lang LaSalle. The landlord, Edgeworth Laskey Properties LLC, represented itself.
-Jason’s Deli leased 4,900 square feet at Hamilton Crossing Centre, 12405 N. Meridian St., Carmel. The tenant was represented by Phil Drake and Robert Matias with Equity Inc. The landlord, KRG Hamilton Crossing LLC, was represented by Blake Beaver of Kite Realty Group.
-Threlkeld & Associates leased 4,500 square feet at 50 S. Meridian St. The tenant was represented by Yumi Prater and Tim O’Brien of Colliers International. The landlord, 50 South Meridian Associates LLC, was represented by Bill Montrie of Corporate Park Development Inc.-Associated Brokerage Companies Inc. leased 3,541 square feet at Intrametco Centre, 14297 Bergen Blvd., Suite 150, Noblesville. The tenant was represented by Scott Lindenberg of Echelon Realty Advisors. The landlord, The Intrametco Building LLC, was represented by Paul Dick and Kevin Dick of Colliers International.
-Leslie’s Swimming Pool Supplies leased 3,486 square feet of retail space in Westlake Shoppes, 835 Beachway Drive. The tenant was represented by Bill French of Cassidy Turley. The landlord, StanCorp Mortgage Investors LLC, was represented by Jim Karozos and Ron Mannon of Lee & Associates.
-Metamorphoo Inc. leased 1,534 square feet at Lake Plaza Office Park, 6801 Lake Plaza Drive. The landlord, Lake Plaza LLC, was represented by Debbie Shumate Johnson of Alliance Commercial Real Estate. The tenant represented itself.
-Hairspray extended by three years its lease for 1,407 square feet at Fashion Mall Commons, 8487 Union Chapel Road. The landlord, The Broadbent Co., was represented by Broadbent’s John Beuoy. The tenant represented itself.
-Rose Nails extended by five years its lease for 1,400 square feet of space at Washington Corner, 9900 E. Washington St. The landlord, The Broadbent Co., was represented by Broadbent’s Jeff Roberts. The tenant represented itself.-Liberty Tax Service extended by three years its lease for 1,400 square feet at Washington Shoppes, 10009-10089 E. Washington St. The landlord, The Broadbent Co., was represented by Broadbent’s Jeff Roberts. The tenant represented itself.
-Reena’s Threading Eyebrows leased 1,200 square feet of space at Castleton Shoppes, 6024-6066 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent’s John Beuoy. The tenant represented itself.
-Sigman Cleaners leased 900 square feet at North Willow Commons, 1410-1518 W. 86th St. The landlord, The Broadbent Co., was represented by Broadbent’s Ray Bunes. The tenant represented itself.
-Lizabeth Fitzgerald and Marlene Sharpe leased 840 square feet at Lake Plaza Office Park, 6801 Lake Plaza Drive. The landlord, Lake Plaza LLC, was represented by Debbie Shumate Johnson of Alliance Commercial Real Estate. The tenant represented itself.
KRUGMAN: Education won’t fix wage disparity by itself
Both high-wage and low-wage employment have grown rapidly, but medium-wage jobs—the kinds of jobs we count on to support a strong middle class—have lagged behind.