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Articles
Citizens’ Westfield utility acquisition will help with broader system needs
The $91 million water and sewer deal is expected to improve water distribution between northeast and northwest suburbs.
Vote for change
The recession was not caused by George W. Bush. It was caused by liberal sub-prime mortgage practices at financial institutions, backed by government-sponsored Fannie Mae and Freddie Mac since 1993. The independent Federal Reserve System saved the banks, but in addition to foreclosures, millions of home values are now worth less than the mortgages owed.
New Alzheimer’s unit stresses soothing elements
The 36-room wing at Hoosier Village Retirement Center includes antiques and minimizes confusing shadows among other design elements.
Defender Direct acquires Williams Comfort Air
Home-security and satellite-dish installer Defender Direct Inc. has acquired local heating, cooling and plumbing powerhouse Williams Comfort Air, creating a home-services company with nearly 2,200 employees and $335 million in annual revenue.
Former IU Health exec joining Bose Public Affairs
Sam Odle, who retired from Indiana University Health in July as chief operating officer, is joining the local lobbying firm as a senior policy adviser, representing clients in the health care and life sciences sectors.
Leases/leasing contracts
-Connecticut Electric Inc. leased 33,500 square feet of industrial space at 1819 W 38th St., Anderson. The tenant and landlord, Duo Co., were represented by Thomas Willey of Willey Commercial Real Estate.
-Mini Blessings Childcare Ministry leased 12,000 square feet at Emerson Way Shopping Center, 5410 Emerson Way. The tenant was represented by Joe Lonneman of Ambrose Property Group. The landlord, Emerson Way LLC, was represented by Tracey Holtzman of Midland Atlantic Properties.
-Half Price Books leased 8,800 square feet at Clearwater Village, 4611-4737 E. 82nd St. The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.
-Horizon Bank leased 7,040 square feet of office space at 117 E. Washington Street, Indianapolis. The tenant was represented by John Crisp of Cassidy Turley. The landlord, The Broadbent Co., was represented by Josh Broadbent.
-Prime Lending leased 6,216 square feet of office space at 50 E. 91st St. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-Transition Resources Corp. leased 3,800 square feet of office space at 600 Corporation Drive, Pendleton. The tenant and landlord, Tower Pendleton LLC, were represented by Thomas Willey of Willey Commercial Real Estate.
-Accelerated Health Systems LLC leased 3,545 square feet at Raceway Crossing, 10934-10976 E. U.S. 36, Avon. The tenant was represented by Jonathan Sharp at HSA Commercial Real Estate. The landlord, Broadbent Co., was represented by Brian Broadbent.
-ATI Physical Therapy leased 3,305 square feet of retail space at 433 N. Capitol Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, American United Life Insurance Co., was represented by Jacque Haynes and Don Williams of Cassidy Turley.
-Detour American Grille Express leased 3,200 square feet at Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Rob Warstler at Colliers International. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.
-Bi Qin Shao leased 3,154 square feet at Pyramid Place Shoppes, 3502 W. 86th St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Centre Properties, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Snap MyLife Indianapolis leased 2,917 square feet of office space at 8335 Allison Pointe Trail. The tenant was represented by David Black of Cresa Partners. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Get Real Sports Sales leased 2,695 square feet of office space at 550 Congressional Blvd., Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Trigild, was represented by Rich Forslund of Summit Realty Group.
-Fugi Foot Spa leased 2,400 square feet at Greenwood Place, 7551-7747 S. Shelby St. The tenant was represented by Itamar Cohen of Indiana Realty Group. The landlord, Broadbent Co., was represented by Josh Broadbent.
-MOD Salon leased 2,334 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.
-Boost Mobile leased 1,737 square feet at Georgetown Plaza, 4825-4959 W. 38th St. The landlord, Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.
-Pyone Cho Asia Market leased 1,600 square feet of retail space in Greenbriar Shopping Center, 1321 W. 86th St. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.
-Frame and Save leased 1,400 square feet at Castleton Point, 5305-5499 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.
-Whisper Hearing Center leased 1,368 square feet of office space in Smith Valley Professional Center, 1700 W. Smith Valley Road, Greenwood. The tenant was represented by Stephen Adams and Riley Faulk of Hokanson Cos. The landlord, Smith Valley Investment LLC, was represented by Cathy Richards of Lee & Associates and Keith Turnbill of RE/MAX Select.
-Holy Family Books & Gifts leased 1,280 square feet at Carmel Walk Shopping Center, 1327 S. Rangeline Road, Carmel. The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.
PROXY CORNER: KAR Auction Services Inc.
KAR Auction Services Inc. is the holding company for ADESA Inc., which operates used-vehicle auctions at 68 locations, Insurance Auto Auctions Inc., which operates salvage auctions at 161 locations, and Automotive Finance Corp., which provides floorplan financing at 104 locations.
STORY: Health care rationing has already arrived
There will be health care rationing. The only question is who will do the rationing—the government, health care providers, or you and me. The odds are good there will be some rationing from all those sources
DINING: Now it’s Matt’s time
First in a month-long series of possessive restaurant reviews. This week: Matt The Miller’s Tavern
Big names competing for Butler project
Butler University is finalizing plans for a mixed-use parking garage project near Clowes Hall that would include neighborhood retail and housing and might cost as much as $45 million.
Kennedys sell interests in running store chain
Bob and Melina Kennedy have sold their assets in BlueMile, a chain of running and fitness stores they founded 12 years ago as The Running Co. Co-founders Ashley and Andrea Johnson are now sole owners.
Tutwiler auto dealership closes after 48 years
Tutwiler Automotive had long been known as Tutwiler Cadillac before changing its name two years ago when its General Motors franchise agreement expired. The dealership closed Saturday.
Leases/leasing contracts
-American Signature Inc. leased 51,441 square feet of retail space at 5410-5540 E. 82nd St. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley. The tenant represented itself.
-Geist Montessori Academy leased 15,000 square feet at 6633 W. 900 N., McCordsville. The tenant was represented by Shane Tilton of Your Home Company Realty. The landlord, Geist Partners LLC, was represented by Jeff Merritt of Summit Realty Group.
-DuBois Chemical Inc. leased 9,600 square feet of industrial space at 8201-8243 Zionsville Road. The tenant was represented by Glenn Davis of Colliers International. The landlord, ProLogis, was represented by Brian Seitz of Jones Lang LaSalle.
-City Barbeque leased 5,000 square feet at Westside Center, 617 W. 11th St. The tenant was represented Steve Delaney of Sitehawk Retail Real Estate. The landlord, Westside Development Corp., was represented by John Schick of Schick Properties.
-Mattress Firm Inc. leased of 4,682 square feet of retail space at 9893 N. Michigan Road, Carmel. The landlord, CASTO, was represented by Jacque Haynes and John Byrne of Cassidy Turley. The tenant represented itself.
-Verizon Wireless leased 3,500 square feet at 10651 E. U.S. 36, Avon. The tenant was represented by Patrick Boyle and Tracey Holtzman of Midland Atlantic. The landlord, Broadview Properties Partnership, was represented by John Byrne of Cassidy Turley.
-Select Staffing leased 2,400 square feet at Main Street Crossing, 148 N. Perry Road, Plainfield. The tenant was represented by Liam Murphy of Hayes Commercial Group. The landlord, Tabani Main Street Crossing LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Manpower Inc. leased 1,854 square feet of retail space at 7216 N. Keystone Ave. The tenant was represented by Patti Lorensen of Mohr Partners. The landlord, International Furniture Imports Inc., was represented by John Byrne and Bo Leffel of Cassidy Turley.
-Green Apple Active leased 1,600 square feet of retail space at 4335 W. 106th St., Carmel. The tenant was represented by Jacque Haynes of Cassidy Turley. The landlord, Lawndale Plaza LLC, was represented by Paul Rogozinski of Veritas Realty LLC.
-Skinquake Precision Tattooing Inc. leased 1,500 square feet of retail space at 3115 Meridian Parke Drive, Greenwood. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Canine Cloud Nine leased 1,395 square feet of retail space at 110 W. Main St., Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Keystone Construction Corp., represented itself.-Sport Clips leased 1,293 square feet at Hamilton Crossing Centre, U.S. 31 and West Carmel Drive, Carmel. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Kite Realty Group, was represented by Andrew Hasbrook of Kite.
-Edible Arrangements leased 1,263 square feet of retail space at 1950 2000 E. Greyhound Pass, Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Simon Property Group Inc., represented itself.-Meat Masters leased 1,200 square feet of retail space at 1901 1943 Melody Lane, Greenfield. The landlord, Lor Corp., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Boost Mobile leased 1,200 square feet of retail space in Plaza of the Americas, 2001 W. Washington St. The tenant was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates. The landlord, Tharp Investments, represented itself.
-Natural Nails leased 1,200 square feet of retail space at 8958 8974 E. 96th St., Fishers. The landlord, Cassidy Turley, acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-MaidPro of Carmel leased 1,170 square feet at Hunters’ Run Shopping Center, 172 E. Carmel Drive, Carmel. The tenant was represented by Ryan Zickler of Zickler Associates. The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties.
Noble Roman’s takes on take-and-bake format
Noble Roman’s Inc. has baked up an idea to expand its franchising opportunities nationwide and dramatically increase revenue. The Indianapolis-based pizza company is rolling out plans for a stand-alone, take-and-bake concept designed to rival Papa Murphy’s.
Ivy Tech battles enrollment dip by promoting its lower tuition
This summer, Ivy Tech Community College rolled out a nearly $1 million marketing campaign that stressed the school’s affordability versus other higher education options. The message appears to have hit home. What looked like an impending 15-percent reduction in fall enrollment ended up at just under 5 percent.
Governed by profligates
Plato said, “The penalty good men pay for inattention to public affairs is to be ruled by evil men.” In Carmel, [Sept. 17 Styring column] we have chosen commerce over the constitution, the rule of man over the rule of law.