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Articles
Passengers likely would shoulder chunk of transit system costs
Federal transit data suggests passenger fares would generate about one-fourth of the money needed to operate a suburban rail and expanded bus system proposed for the region.
More games lost as NBA players file antitrust lawsuit
The Indiana Pacers have already lost eight preseason games and eight regular-season games, with half of those events scheduled for Conseco Fieldhouse. Extending the stoppage through Dec. 15 will cost the Pacers another 15 games, including six at home.
Leases/leasing contracts
-Interactive Intelligence expanded its leased space by 65,000 square feet in Woodland Corporate Park I, 7602 Woodland Drive, and Woodland Corporate Park VI, 7635 Interactive Way. The tenant was represented by Jeff Harris of NAI Meridian. The landlord, Duke Realty, was represented by Duke’s Traci Kapsalis.
-Mattress Firm leased 32,800 square feet at North by Northeast Distribution Center, 9901 Kincaid Drive, Fishers. The tenant was represented by Scott Gray of Sitehawk Retail Real Estate. The landlord, Prologis-North Carolina Limited Partnership, was represented by Chip Barnes and Matt Dickerson of Jones Lang LaSalle.
-County Line Emporium leased 26,600 square feet at Summerfield Crossing, 11 Declaration Drive, Greenwood. The tenant was represented by Tracey Holtzman of Midland Atlantic. The landlord, Donald Cowden Revocable Trust, represented itself.
-Pulte Homes of Indiana LLC leased 12,719 square feet at 11590 N. Meridian St., Carmel. The tenant was represented by Nick Arterburn of CB Richard Ellis. The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Real Estate Services LLC.
-International Business Machines Corp. leased 12,175 square feet at 8888 Keystone Crossing. The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Blueberry Hill Pancake House leased a 5,910-square-foot building at 460 Town Center Road, Mooresville. The landlord, Lim Revocable Trust, was represented by Tracey Holtzman of Midland Atlantic. The tenant represented itself.
-Archway Technologies LLC leased 9,908 square feet at 9100 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.
-Lloyd Meister leased 7,578 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.
-Texas Corral leased 7,000 square feet at 2103 Intelliplex Drive, Shelbyville. Both the tenant and landlord, Spirit Master Funding IV LLC, were represented by Michael Cranfill and Steve Delaney of Sitehawk Retail Real Estate.
-Lincoln National Life Insurance Co. leased 5,159 square feet at 8900 Keystone Crossing. The tenant was represented by Kim Hartman of Colliers International. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Strategic Marketing Affiliates Inc. leased 3,403 square feet at 8900 Keystone Crossing. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Dr. Leanne Shiro of Shiro Chiropractic leased 1,983 square feet of retail space at Fairview Corners, 520 N. State Road 135, Suite R, Greenwood. The landlord, Fairview Corners LLC, was represented by Brady Clements of Skyline Property Group LLC. The tenant represented itself.-Hillhouse and Mulligan leased 1,600 square feet of industrial flex space in Brookville P-52, 8402 Brookville Road. The landlord, Brookville P-52 LLC, was represented by Brady Clements of Skyline Property Group LLC. The tenant represented itself.
-Little Caesar’s leased 1,600 square feet of retail space in Heartland Village Shoppes, 8411 Windfall Lane, Camby. The landlord, Heartland Village Shoppes LLC, was represented by Brady Clements of Skyline Property Group LLC. The tenant represented itself.
-Maribel Rivera leased 1,504 square feet of retail space in Michigan Road Plaza, 7841 Michigan Road. The landlord, Michigan Road Plaza LLC, was represented by Brady Clements of Skyline Property Group LLC. The tenant was represented by Kelli Membreno of Libertad Real Estate LLC.
-Sports Clips leased 1,300 square feet at 11725 Fox Road. The tenant was represented by Jeff Hubley of Midland Atlantic. The landlord, Fox Road LLC, represented itself.
-Gresk & Singleton leased 888 square feet at Greenfield Corner Shoppes, 176 E. New Road, Greenfield. The landlord, Midland Atlantic, was represented by Midland Atlantic’s Jeff Hubley. The tenant represented itself.
Players reject NBA’s offer, begin to disband union
National Basketball Association players rejected the league's latest offer Monday and have begun the process to disband the union. The decision likely jeopardizes the season.
Daniels eyes right-to-work legislation in final session
Indiana Gov. Mitch Daniels has long flirted with right-to-work legislation, but is letting the General Assembly take the lead.
My Toy Garden wades into specialty retail business
A teacher for 17 years, Carmel resident Janet Pillsbury opened her store in September to give shoppers more options.
Mayoral roundup: Republicans dominate elections
A Republican Party tally gives the GOP a 61-54 majority over Democrats among the state's mayor's offices — a shift from a 68-48 Democratic lead.
Democrats win mayoral elections in Fort Wayne, Muncie
Democrat Tom Henry has won a second term as mayor of Fort Wayne after a bitter campaign. Meanwhile, Muncie elected its first Democratic mayor in 20 years and Anderson elected a Republican.
Bands of America
Through Nov. 12
Lucas Oil Stadium
Seventy-six trombones are nothing compared to the marching musical firepower coming to Lucas Oil Stadium this weekend. Preliminaries Thursday and Friday sort out who will be competing in the finals on Saturday. Home-state favorites in the competition include Monrovia High School, Lake Central High School, Shortridge Magnet High School, Arsenal Technical High School, Western High School, Ben Davis High School, Center Grove High School, Carmel High School, Lawrence Central High School, Danville Community High School, East Central High School, Norwell High School, and Avon High School. Details here.
Construction
-Capitol Construction Services has completed a 3,900-square-foot restaurant build-out for Late Harvest Kitchen at 8605 River Crossing Blvd.
-Capitol Construction Services has completed a 7,040 square-foot office build-out for Semler Financial at 11711 N. Meridian St., Carmel.
Leases/leasing contracts
-CNG Source Inc. leased 24,060 square feet of industrial space at 1350 Brookville Way. The tenant was represented by Michael Weishaar of Cassidy Turley. The landlord, First Industrial Realty Trust, was represented by Brian Buschuk and Brian Seitz of Jones Lang LaSalle.
-Virtual Marketing Strategies Inc. leased 22,578 square feet of office space at 8425 Woodfield Crossing. The tenant was represented by Matt Langfeldt of Summit Realty Group. The landlord, Cassidy Turley, acting as court-appointed receiver, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-Cascade Asset Management LLC leased 15,672 square feet of industrial space at 5121-5151 Decatur Blvd. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Holladay Properties, was represented by Matt Dickerson of Jones Lang LaSalle.
-St. Joseph Institute for the Deaf leased 10,540 square feet of retail space at 9192 Waldemar Road. The tenant was represented by Tom Osborne of Colliers International. The landlord, Landco-Waldemar, represented itself.
-Tech Electronics Inc. leased 8,000 square feet of industrial space at 2350-2360 Executive Drive. The tenant was represented by Kyle Powell of Cassidy Turley. The landlord, RJ Moore Family Partnership, was represented by Jake Sturman of Jones Lang LaSalle.-ASC Group leased 3,540 square feet of office space at 9376 Castlegate. The tenant was represented by Paul Dick and Kevin Dick of Colliers International. The landlord, Castlegate Associates LLP, was represented by Tyler Mensch of Cassidy Turley.
-LincLogix Inc. leased 2,638 square feet of office space at 7439 Woodland Drive. The tenant was represented by Pete Anderson of Cassidy Turley. The landlord, Tau Kappa Epsilon Fraternity, was represented by George Crawford of NAI Meridian Real Estate Services.-Weight Watchers leased 1,600 square feet of retail space in Centre East, 10537 E. Washington St. The tenant was represented by Robyn Smart of Lee & Associates. The landlord, Centre East LLC, was represented by Jake Teter of Centre Properties.
-Riverwood Financial Group LLC leased 1,529 square feet of office space at Carmel Office Court, 301 E. Carmel Drive #F100, Carmel. The landlord, Carmel-301 LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.
-Indiana District of Kiwanis International leased 1,396 square feet of office space at 8060 Knue Road. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-Edward D. Jones & Co. LLP leased 1,157 square feet of office space at 4181 E. 96th St. The tenant was represented by Dave Ellis of Fenway Commercial Real Estate. The landlord, WAFS LLC, was represented by Brad King and Kevin Dick of Colliers International.
-Muscle Relief & Relaxation expanded its office lease to 1,125 square feet at Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.-Solo Diagnostics leased 700 square feet of office space in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
New booze permits unleash gold rush
The Indiana Alcohol & Tobacco Commission plans to sell up to 101 new three-way restaurant permits for Marion County at an auction Nov. 18. The offering follows a recalculation—using fresh U.S. Census numbers—of how many permits should be distributed in the city.
Centier Bank opens Indianapolis-area loan production office
The Merrillville-based bank is testing the waters before launching a retail-banking presence.
Indianapolis’ tech sector getting some Silicon Valley cred
TechPoint’s 13th annual technology summit might be more notable not for who is on the formal agenda but for who is in the audience.
KENNEDY: A cautionary tale about politics and policy
The Litebox story makes a bigger point … about the entire policy of cities “buying” jobs by offering financial incentives to companies that promise to move and/or expand.
Fast-growing First Watch plans 5 local restaurants
Patachou is getting some new competition. A breakfast-and-lunch chain called First Watch plans to open at least five new locations in the Indianapolis area.