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Articles

Roundup: Einstein, Lush, Olive Garden, First Watch

October 31, 2012

Leading off the latest restaurant and retail roundup: A couple of national chains including Olive Garden and Ulta Beauty are expanding in central Indiana and a couple of others including Einstein Bros. Bagels and Goodwill are moving.

CNO Financial earnings fall on recapitalization charge

October 29, 2012

Carmel-based CNO Financial Group on Monday reported a third-quarter loss of $5 million compared to a $179.5 million profit in the third quarter of 2011.

Church caught up in nightmare after life insurance scheme sours

October 25, 2012

The Lindberg Road Church of Christ in Anderson has filed for bankruptcy protection because of a failed plan to finance construction on its properties. The plan involved buying life insurance on elderly members, with the intent to sell the policies later on the secondary market.

Records – Oct. 29, 2012

October 25, 2012

Records listings from the Oct. 29, 2012, issue of IBJ.

Small businesses share space to find efficiencies

October 25, 2012

Popular waxing spa The Naked Monkey is set to open its third location Nov. 1—a “Mini Monkey” inside MDG Salon | Studio’s new space downtown. The independent businesses are sharing space to cut costs.

Construction

October 25, 2012

-Capitol Construction has completed a 14,400-square-foot office build-out for VMS BioMarketing at 10333 N. Meridian St., Carmel.

-Capitol Construction has completed a 7,200-square-foot office build-out for Spotfreight at 445 N. Pennsylvania St.

-Capitol Construction has completed a 2,000-square-foot interior renovation of a Bob Evans restaurant at 7525 E. 96th St.  

-Capitol Construction has completed a 2,000-square-foot interior renovation of a Bob Evans restaurant at 159 S. Marlin Drive, Greenwood.

Leases/leasing contracts

October 25, 2012

-International Paper leased 144,000 square feet of industrial space at 5021 W. 81st St. The landlord, Prologis, was represented by Luke Wessel of Cassidy Turley. The tenant represented itself.

-Kittle’s Home Furnishings leased 33,032 square feet at Southport Plaza, 7565 US 31 South. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Southport Plaza, was represented by Bill French of Cassidy Turley.  

-El Chispas leased 19,260 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The tenant was represented by Larry Harshman of Harshman Property Services LLC. The landlord, The Broadbent Co., was represented by Broadbent’s Jim Mosher.

-Dick’s Last Resort leased 6,240 square feet at Square 74, 111 W Maryland St.  The tenant and landlord, Square 74 Associates LLC, were represented by Steve Delaney of Sitehawk Retail Real Estate.  

-ATG Rehab leased 4,372 square feet of industrial space at 5804 W. 74th St. in Park 100. The tenant was represented by Richard R. King III and Steve Beals of Lee & Associates. The landlord, Park Creek Venture, was represented by Kate Ems of Duke Realty.

-Cooperative Managed Care Services LLC leased 3,691 square feet of office space at 9045 River Road. The tenant was represented by Sam Smith and Kevin Dick of Colliers International. The landlord, Duke Realty Limited Partnership, was represented by Adam Seger of Duke Realty.

-America's Best Contacts & Eyeglasses leased 3,255 square feet of retail space in the Nora Plaza Shopping Center, at the northwest corner of 86th Street and Westfield Boulevard. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Ramco Gershenson Properties Trust, represented itself.

-Travel By Design leased 2,990 square feet of office space at 11559 Cumberland Road, Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Tracey Tabor Williams, DMD, renewed her lease for 2,690 square feet of office space at 303 N. Alabama St. The tenant was represented by Todd Morris of JTM Commercial. The landlord, DH Realty LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley.   
   
-Range Line Chiropractic leased 1,875 square feet of retail space at 614 622 S. Rangeline Road, Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Mohawk Management, represented itself.

-ENS Group leased 1,360 square feet of office space at 11978 Fishers Crossing Drive, Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.   

-Great Care renewed its lease for 1,077 square feet of office space at 6515 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

-Maximum BMX leased 960 square feet of retail space at Green Meadows Shopping Center, 1542 N. State St., Greenfield. The landlord, Green Meadows Shopping Center LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.   

-The Mint Salon leased 820 square feet of retail office space at Lake Plaza, 6801 Lake Plaza Drive, Suite C304. The landlord, Lake Plaza LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

-World Finance Company leased 800 square feet of office space at Lake Plaza, 6801 Lake Plaza Drive, Suite C304. The landlord, Lake Plaza LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

Report tallies local government debt loads

October 25, 2012

A new reporting requirement on local governments gives taxpayers unprecedented access to debt information, but the data is also likely to raise many questions.

Rapid rise of ExactTarget uplifting for young techies

October 25, 2012

In just over a decade, the interactive marketer has rocketed from bootstrapped startup to New York Stock Exchange-listed company with a market value of $1.5 billion.

People in the news – Oct. 29, 2012

October 25, 2012

People listings are free.

Hetrick spins, too

October 25, 2012

Bruce Hetrick’s Oct. 22 column “Spouting off about the all-too-common art of spin” begins by offering the reader his view on how characters in the Broadway play “The Book of Mormon” are adept at spinning falsehoods in the guise of “helping people.” Hetrick provides spinning of his own, personally reviewing the highly irreverent play as hilarious, pant-wetting entertainment.

Bringing New Orleans home to Indianapolis

October 25, 2012

Frank and Katrina Basile’s Lake Clearwater abode is (almost) filled with art from The Big Easy.

Indy-area homebuilding bouncing back

October 25, 2012

New-home construction is on track to rise more than 10 percent this year in the nine-county Indianapolis area.

Indianapolis-area landscape companies directory

October 25, 2012

A directory of landscape companies in the Indianapolis area.

Indianapolis-area landscape architects directory

October 25, 2012

A directory of landscape architects headquartered in the Indianapolis area.

Once-vaunted Crystal Catering gets new owners

October 25, 2012

Jack Bayt is transferring ownership to head chef Matt Schwartz and T.K. Nelson, a director and general manager. Crystal had largely been dismantled by its previous owner.

Profit tumbles 36 percent at ITT as enrollment craters

October 25, 2012

ITT Educational Services Inc. will not close any of its campuses in response to plummeting student enrollment, but it likely will spend more of its own money to give scholarships to students, company officials said Thursday.

Mourdock keeps up fundraising after uproar over remark

October 25, 2012

The U.S. Senate candidate smiled and laughed while working the room at a private reception for Indiana Republicans.

2012 WOMAN OF INFLUENCE: Luci Snyder

October 24, 2012

A long-time member of Carmel city government, Snyder is now chair of the city council’s finance committee and plays a big role in figuring out how to pay for Carmel’s ambitious goals.

2012 WOMAN OF INFLUENCE: Cheri Dick

October 24, 2012

Dick is steward of one of the area’s oldest performing arts organizations and has overseen its transition to a new home in Carmel.

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