Ex-FBI agent to plead guilty to leaking classified intelligence
Donald Sachtleben, a 55-year-old Carmel resident, admitted being the source for an AP story about an intelligence operation in Yemen that foiled a plot to blow up an airliner.
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Car rear-ends Carmel bus
A car rear-ended a Carmel school bus Monday about 7:40 a.m. near Creekside Middle School, injuring the bus driver. Children had already been dropped off at Creekside before the accident near 126th Street and Shelbourne Road. The bus driver was taken to the hospital with unspecified injuries. The driver and a passenger in the car declined treatment.
Tech firm plans to axe 54 workers in Carmel
Stamford, Conn.-based Frontier Communications Corp. said it has automated a number of systems at its collection center at 11799 N. College Ave. and will no longer need the workers.
Leases/leasing contracts
-Jones Lang LaSalle has been named leasing agent for the 110,600-square-foot Chamber of Commerce Building, 320 N. Meridian St. Kevin Gillihan and James Clark of JLL are the leasing representatives.
-Ollie’s Bargain Outlet leased 30,000 square feet of retail space in River Ridge Plaza, 1634-A Scatterfield Road, Anderson. The tenant was represented by Bobby Traynham of Rhino Realty Group. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor.-Amarr Co. leased 14,400 square feet of industrial space at 7768 Zionsville Road. The tenant was represented by Michael Weishaar of Cassidy Turley and John Ruffin of Meridian Realty Group. The landlord, Zionsville Indy LLC, was represented by Michael Napariu of REI Investments.
-Architectural Supplements LLC leased 11,555 square feet of industrial space at 7301 Georgetown Road. The tenant was represented by Joe Boarini of Quest Commercial Real Estate LLC. The landlord, Source Interlink Companies, was represented by Grant Lindley of Cassidy Turley.
-Comic Book University leased 4,800 square feet at Greenwood Place, 7623 S. Shelby St. The landlord, Broadbent Co., was represented by Josh Broadbent. The tenant represented itself.-Body Mind and Core leased 4,053 square feet at Rangeline Crossing, 116th Street and Rangeline Road, Carmel. The landlord, KRG Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.
-McFarling Foods leased 4,000 square feet of industrial space at 1234-1246 N. Capitol Ave. The landlord, 1234 N. Capitol LLC, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.
-Mattress Firm Inc. leased 3,500 square feet of retail space in the Shoppes at Smith Valley, 791 State Road 135, Greenwood. The tenant was represented by Scott Gray of Sitehawk Retail Real Estate. The landlord, 791 SR 135 LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-Shorty's Pub and Eatery leased 2,800 square feet at Washington Corner, 9976-9978 E. Washington St. The landlord, Broadbent Co., was represented by Josh Broadbent. The tenant represented itself.
-School on Wheels leased 2,369 square feet at Glendale Town Center, 6101 N. Keystone Ave. The landlord, Glendale Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.
-Art’s Skillet leased 2,326 square feet of retail space in Esquire Plaza, 8255 Pendleton Pike. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Koko Fit Club leased 2,042 square feet at Rangeline Crossing, 116th Street and Rangeline Road, Carmel. The tenant was represented by Beth Patterson of Colliers International. The landlord, KRG Centre LLC, was represented by Blake Beaver of Kite Realty Group.
-Springleaf Financial leased 1,906 square feet of retail space in Cherry Tree Plaza, 9725 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
Sales/acquisitions
-Westlake Shoppes IN LLC bought Westlake Shoppes, a 8,250-square-foot retail center at 835 Beachway Drive. The seller, 835 Beachway Drive LLC, was represented by Kevin Broderick and Matt Gray of CBRE. The buyer represented itself.
-North Hill Realty Group bought the 9,068-square-foot former Lotus Garden Restaurant building at 1045 N. Rangeline Road, Carmel. The buyer was represented by Drew Pattyn of Northern Commercial. The landlord, Lotus Investment Co., was represented by Steve Delaney and Craig Ramsay of Sitehawk Retail Real Estate.
-Atlanta-based Radco Cos. bought the 454-unit Lakewood Lodge Apartments at 65th Street and Keystone Avenue. The buyer, which has renamed the complex Ashford at Keystone, and seller, an affiliate of New York-based Lehman Brothers Holdings, were represented by Tikijian Associates.
State loses jobs; unemployment rate declines to 8.1 percent
The state saw sizable job increases in manufacturing, health services and educational sectors, but that was offset by decreases in trade, transportation, utilities and construction.
Attorney emerges as key player in international adoptions
Michele Jackson’s quest to stem child exploitation led her into arranging international adoptions.
RCA brand lives on, sans Nipper and Chipper
In a plot right out of Jurassic Park, Thomson Consumer Electronics’ old brands such as RCA and Proscan have been revived from old DNA. They’ve been licensed to companies around the world including Indianapolis-based company that operates as RCA Commercial Electronics.
Work set to begin on Carmel segment of new U.S. 31
A $141 million contract includes interchange improvements at Interstate 465 and new roundabout interchanges at 106th, 116th, 131st and 136th streets.
Shapiro’s site in Carmel draws two bids
Two would-be buyers submitted wildly divergent offers for the former Shapiro’s Delicatessen in Carmel City Center. Bidders also were asked to disclose how they intend to use the property.
Former Thomson site may be ripe for development
The vacant 49-acre Sherman Park business complex might finally be redeveloped now that the owner has exited bankruptcy and demolition has started on its main building.
Indianapolis apartment construction soars skyward
The downtown rental market is booming, but is a slowdown coming?
Arby’s robbed at knifepoint
Two Arby’s employees said they were robbed by a man brandishing a butcher knife, about 10:45 p.m. Tuesday in Carmel. One employee told officers she was outside the fast-food restaurant in the 1200 block of Rangeline Road when a man with a bandana over his face grabbed her and forced her back inside. He took money from a safe and sped off in a stolen 2010 Honda Civic that was recovered nearby.
West Clay commercial building set for sheriff’s sale
The 24,400-square-foot building was owned by CFS Inc., a Carmel company accused by the Indiana Secretary of State’s securities division of misappropriating the funds of elderly clients who bought ownership interests in rental properties.
Leases/leasing contracts
-Herman & Kittle leased 21,954 square feet Four Parkwood Crossing, 500 E. 96th St. The lease was a renewal with a 7,718-square-foot expansion The tenant was represented by Jon Jessup and Matt Waggoner of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Nexus Academy Blended Learning Schools leased 10,008 square feet at Glendale Town Center, 6101 N. Keystone Ave. The tenant was represented by Lynelle Noll and Nick Arterburn of CBRE. The landlord, Glendale Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-A&P Ventures LLC renewed its lease for 6,000 square feet of industrial space at 9319 9341 Castlegate Drive. The tenant was represented by Bryan Poynter of Cassidy Turley. The landlord, First Industrial Realty Trust, represented itself.
-J.Allan Hall & Associates Inc. leased 5,250 square feet at Circle Tower, 55 Monument Circle. The landlord, Ambrose Property Group LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The tenant represented itself.
-Woodhouse Day Spa leased 4,955 square feet at Geist Pavilion, 11501 Geist Pavilion Drive, Suite 118, Fishers. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, 116th & Olio LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Revolution X leased 4,267 square feet of flex space at 12800 Ford Drive. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, Mahi Development Co., was represented by Brad Williams of Summit Realty.
-Westbridge Investments leased 3,580 square feet of retail space at Rangeline Road and City Center Drive, Carmel. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Carmel City Center LLC, was represented by Melissa Averitt of Pedcor Companies.
-National Permit Services Inc. leased 3,300 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley.
-Qdoba Mexican Grill leased 3,138 square feet at Traders Point II, 5650 E. 86th St. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Kite West 86th Street II LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Cycle Gear Inc. leased 3,100 square feet at Castleton Shoppes, 6024 E. 82nd St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Castleton Shoppes LLP, represented itself.
-Accelerated Health Systems, LLC leased 2,400 square feet of retail space in Scatterfield Shoppes, 4299 S. Scatterfield Road, Anderson. The tenant was represented by Jonathan Sharp of Sharp Commercial. The landlord, McCardwell Inc., was represented by Scot Courtney and Bart Jackson of Lee & Associates.-Red Sake leased 2,250 square feet of retail space in Fall Creek Harbour, 11228 Fall Creek Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
-Jimmy Johns Gourmet Sandwiches leased 1,780 square feet of retail space in Emerson Shoppes, 4914 S. Emerson Ave. The tenant was represented by Jeff Daniel of Valenti Real Estate Services Inc. The landlord, KLC Realty LLC, was represent by Greg Smith of Colliers International.-Marco’s Pizza leased 1,600 square feet of retail space in Stop 11 Crossing, 7930 S. Emerson Ave. The tenant was represented by Andrew Clifford of 7D Commercial Real Estate. The landlord, LOR Corp., was represented by Brett Burch and Jeff Daniel of Valenti Real Estate Services Inc.
-TCBY leased 1,504 square feet at Rangeline Crossing, 116th Street and Rangeline Road, Carmel. The tenant was represented by Bill French of Cassidy Turley. The landlord, KRG Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Next Level Nutrition leased 1,000 square feet at Cool Creek Commons, 2456 E. 146th St., Carmel. The tenant was represented by Marilyn Farley of ReMax Select Inc. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group.
Former Thomson site may finally be ripe for redevelopment
The vacant Sherman Park business complex on the east side has been taken from a private developer in a bankruptcy reorganization, and several parcels of the 49-acre property are listed in the county's annual tax sale.
People
Community Health Network hired Wayne Pack as its chief human resources officer, replacing Jill Parris, who is retiring at the end of the year. Pack previously was senior vice president for human resources in the Americas division of Indianapolis-based Brightpoint North America, and before that was vice president of worldwide human resources at Carmel-based Thomson. Pack holds a bachelor’s degree from Tennessee Technological University.
Dr. David Williams has been named president of the west region of Community Health Network. Williams has held numerous leadership positions at Community Westview Hospital, including chief physician executive and chief of staff. He holds a bachelor’s degree from Ohio University in Athens and a doctor of osteopathy degree from Kansas City University of Medicine and Biosciences.
Sarah Knisely-King, a registered nurse, has been named chief operating officer and chief nursing executive for Community Health Network’s south region. She was most recently director of emergency services at Community Hospital South. Knisely-King holds a bachelor’s degree in nursing from Purdue University and a master’s degree in nursing administration from Lewis University.
Hendricks Regional Health Medical Group has hired Dr. Julia Ruckman, an OB/GYN, as part of its Westside Physicians for Women practice in Avon. Ruckman holds a bachelor’s degree from Indiana University and a medical degree from the Indiana University School of Medicine.
Dr. Frances Russell has joined Wishard-Eskenazi Health in emergency medicine. She received her undergraduate degree from Iona College and medical degree from the University of Wisconsin.
Dr. Constantine Albany has joined Wishard-Eskenazi Health in its special medicine oncology clinic. He received his medical degree from Techreen University in Syria.
Dr. Zachary Kahler has joined Wishard-Eskenazi Health in emergency medicine. He received his undergraduate degree from Carnegie Mellon University and medical degree from the University of Arizona.IBJ Real Estate Power Breakfast transcript
Indianapolis Business Journal gathered leaders in the state's commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 13. The following is an unedited transcript of the discussion.
Carmel man faces drug, sex charges
Jonathon E. Horton, 46, was arrested at his Carmel home Wednesday on prostitution and methamphetamine-related charges. Police said Horton performed a sex act on an undercover officer at the home in the 500 block of 1st Avenue Northeast before he was arrested. After the arrest for prostitution, authorities found meth and drug paraphernalia. They also turned over several electronic media storage devices to the Hamilton County Metro Child Exploitation Task Force for investigation.