DINING: Same menu, new venue for downtown Bazbeaux
It was foolish, I suppose, to walk into Bazbeaux’s new Mass Ave location expecting anything culinarily different from what was served across the street at its former downtown site.
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Articles
Massage franchise expanding Indiana presence
Scottsdale, Ariz.-based Massage Envy plans to open nine new locations in Indiana in the next year. Five of those should be in the Indianapolis area.
Event merges forces of old, new venture-capital groups
The third annual Innovation Showcase is getting a boost from a partnership between the Venture Club of Indiana and tech social group Verge.
People
-The Epps-Elson Team—Cathy Epps, Kevin Elson and Jeff Cloyd—has joined RE/MAX Ability Plus, Carmel.
–Kevin Elson has been named managing broker for RE/MAX Ability Plus, Carmel.
Sales/acquisitions
-The Fourth Shift bought a 9,000-square-foot industrial building and an additional lot at 2142 and 2145 Ransdell St. The price wasn’t disclosed. The buyer and seller, Wallace Engineering Corp., were represented by Rick Jones of Lee & Associates.
-S & S Manso Enterprises LLC bought a 2,083-square-foot office condominium at 1528 E. Greyhound Pass, Carmel. The price wasn’t disclosed. The buyer was represented by Sharon Thompson of KW Commercial. The seller, CSR Holdings LLC, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.
-Pace-Keystone Associates LLC bought a 72,481-square-foot office building at 9225 Priority Way West Drive. The price wasn’t disclosed. The seller, Second Step Asset Management Co., was represented by Dave Moore, Darrin Boyd and Becky Wells of Cassidy Turley. The buyer represented itself.
CAMPBELL: Let’s hear more trees falling in Indianapolis
The campaigns for these new developments were essentially commercials for all these nice and livable communities outside the city.
Eli Lilly using big dividend to prevent investor exodus
Lilly executives are emphatic that they have no plans to reduce the company's 49-cents-a-share quarterly cash dividend, which gives the stock a rich annual yield of 5.2 percent.
BENNER: Fixing dysfunctional NBA will take time, flexibility
Unlike the NFL, which is swimming in money, the NBA is drowning in red ink.
Palladium works out kinks in accessible seating
The staff at the Palladium in Carmel will receive more training on how to accommodate people with disabilities after a would-be concertgoer said she was denied a pair of $20 tickets.
Outgoing CEO: After ‘near-death experience,’ CNO doing well
CEO Jim Prieur got more than he bargained for when he took over CNO Financial Group (then-Conseco) five years ago, but he said he’s ready to step down now that the insurer is in good shape.
CNO says CEO Prieur to retire, to be replaced by CFO
Jim Prieur will retire as CEO of CNO Financial Group Inc. on Sept. 30 and will replaced by the company’s chief financial officer, Ed Bonach, the company announced Wednesday.
Also this week
Jennie DeVoe is in the spotlight for “Devoted to Wildlife,” a benefit concert for the Indiana Wildlife Federation, July 9 at Carmel’s West Park. Details here.
After a first act of rock ’n’ roll favorites from the Indianapolis Symphony Orchestra, Christopher Cross and his band join in at this July 8-9 concert at Conner Prairie Amphitheatre. Details here.
Sade joins John Legend July 8 at Conseco Fieldhouse. Details here.
Josh Groban brings his “Straight to You” tour to Conseco Fieldhouse, July 12. Details here.
Emmylou Harris performs at the Palladium, July 13. Details here.
Singer Darrian Ford from the Broadway casts of “Smokey Joe’s Café” and The Who’s “Tommy” opens “The Cooke Book,” a musical tribute to Sam Cooke July 8-9 at the Cabaret at the Columbia Club. Details here.
Carrier to invest $36.5M in local plant, create 276 jobs
Carrier Corp. has spent $32 million to upgrade equipment in Indianapolis and plans to invest another $36.5 million to start a second production line, creating 276 jobs at the plant. The company is seeking a tax abatement to help offset the costs.
Developer launches $19M apartment project in Carmel
Locally based J.C. Hart Co. has broken ground on a $19 million apartment community at the northeast corner of 116th Street and College Avenue in the Carmel Performing Arts District.
Construction
-Capitol Construction Services has completed a 1,876-square-foot build-out for Dr. Ralph Waldo at 11350 N. Meridian St., Carmel.
-Kort Builders has started construction of an interior addition for the Indiana Youth Institute at 603 E. Washington St., Suite 800.
Leases/Leasing contracts
-OHL, a third-party logistics provider, leased 405,492 square feet at 281 Airtech Parkway, Plainfield. The tenant was represented by Steve Schwegman, Jake Sturman and Brian Seitz of Jones Lang LaSalle and Randy Wolcott, Doug McDowell and Jess Andrews of ProVenture. Jones Lang LaSalle also represented the landlord/owner, Prologis.
-Monkey Joe’s leased 17,522 square feet at Southport Commons, 4650 Southport Road. The tenant was represented by Tom and Connie Niessink of Niessink Commercial. The landlord, Southport Commons, was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate.
-Premier HealthTel, a subsidiary of SeKayi Holdings, leased 8,472 square feet of office space at 4030 Vincennes Road. The tenant and landlord, Coastal Partners, were represented by Tom Hadley and Matt Waggoner of Summit Realty Group.
-Legacy Ventures Inc. leased 5,400 square feet of industrial flex space at 5705 W. 85th St. The tenant was represented by Rob Christman of Bridge Real Estate Advisors Inc. The landlord, BRE/US Industrial Properties LLC, was represented by Jason Speckman of Summit Realty Group.
-SynCare LLC, a subsidiary of SeKayi Holdings, leased 4,947 square feet of office space at 4030 Vincennes Road. The tenant and landlord, Coastal Partners, were represented by Tom Hadley and Matt Waggoner of Summit Realty Group.
-Harland Financial leased 4,821 square feet of office space at 12800 N. Meridian St., Carmel. The tenant was represented by Matt Waggoner and Jon Jessup of Summit Realty Group. The landlord, Duke Realty Corp., represented itself.
-Alfred Angelo Bridal leased 3,817 square feet at Castleton Square Mall, 6020 E 82nd St. The tenant was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate and TedGarrity of CresaPartners. The landlord, Simon Property Group, was represented by Jamie Christman of Simon.
-Bright Now! Dental leased 3,410 square feet at Avon Commons, 10439 U.S. Highway 36, Avon. The tenant was represented by Daniel Clark of Goodman Real Estate Services Group LLC. The landlord, Avon Commons Shopping Center, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-American Academy of Osteopathy leased 3,378 square feet of office space at 3500 DePauw Blvd. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Sterling American Properties, was represented by Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley.
-SalonCentric leased 2,800 square feet at Washington Corner, 9966 E. Washington St. The tenant was represented by Larry Davis of Sitehawk Retail Real Estate and Jim Foran of Atlantic Real Estate Services. The landlord, Washington Corner LP, was represented by Jeff Roberts of The Broadbent Co.
-Bicycle Exchange leased 1,400 square feet of retail space in Winthrop Commons, 5345 N. Winthrop Ave. The landlord, North Winthrop Commons, was represented by Ron Mannon and Scott Herider of Lee & Associates. The tenant represented itself.Contractor wins $14.5M judgment against State Farm
A Hamilton County jury sided with Joseph Radcliff in his lengthy legal battle with the insurer following a 2006 hailstorm that caused severe damage in central Indiana. State Farm accused Radcliff of fraud.