Mayor Greg Ballard is proposing to pay about half of the $20 million needed to upgrade the Natatorium at IUPUI. The city's Capital Improvement Board is also considering setting aside tax revenue for operation expenses.
Carmel has gained a publicly traded company large enough to knock retail legend J.C. Penney off the Standard & Poor’s 500 Index.
-Blackstone Apartment Partners bought a 12-unit apartment building at 611 N. Meridian St., Greenwood. The buyer was represented by Scott Herider of Lee & Associates. The seller, Reverie Estates, represented itself.
-Camden & Meridew PC bought a 7,706-square-foot office condominium at 10412 Allisonville Road, Fishers. The seller, KLC Realty LLC, was represented by Greg Smith and Paul Dick of Colliers International. The buyer represented itself.
-Faeza Alloyers USA bought 11 acres at 1200 Enterprise Drive, Shelbyville. The seller, Airpark Development LLC, was represented by Brian Dell and John Demaree of Summit Realty Group. The buyer represented itself.
Westfield’s massive Grand Park Sports Campus doesn’t open until March, but city leaders already are focused on making sure the 1 million-plus visitors they expect next year want to come back.
Allegion PLC, an international firm that made its debut as a public company on Monday, plans to hire another 150 people within six months between its Carmel corporate hub and Indianapolis manufacturing facility.
-St. Louis -based SMFG LLC bought a 48-unit garden-style apartment complex at 221 E. Main St., Carmel. The seller, Sundance Investment Properties, was represented by Amy Burmeister and Adam Ehret of Summit Realty Group. The buyer represented itself.
-Culver’s bought 1.2 acres at Olio Road and State Road 238, Fishers. The buyer was represented by Allison Hawley of Cassidy Turley. The seller, Olio 238 Partners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
The west-side industrial park, one of the city’s largest, is experiencing robust construction activity that includes more than just distribution centers.
Allegion PLC’s plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
-K&N Investments bought 2.4 acres at the corner of U.S. 31 and Greenwood Trace Drive and 1.42 acres at the corner of U.S. 31 and Genesis Drive, Whiteland. The buyer was represented by Lorne Kelker of Vital Equity Realty. The seller, Fifth Third Bank, was represented by Sharon Thompson of KW Commercial and Keller Williams Indy Metro North.
-JT Thomas Enterprises LLC bought a 3,770-square-foot office building at 16050 Allisonville Road, Noblesville. The seller, VCA Real Property Acquisition Corp., was represented by Paul Dick and Kevin Dick of Colliers International. The buyer represented itself.
The city will make its case at the May 19-21 owners’ meeting in Atlanta, alongside fellow finalists New Orleans and Minneapolis.
Veteran seafood operators Nick and Andrew Caplinger opened a shop in December at East 75th Street and Shadeland Avenue that boasts a wide variety of fresh fish.
The game Feb. 2 and the week-long run-up to it will be fresh in the minds of the 32 NFL owners when they gather for their annual meeting in Atlanta in May to hear 2018 Super Bowl bid presentations from Indianapolis, Minneapolis and New Orleans.
-Ninety Nine 90 LLC bought 1.06 acres in Brookville Crossing, 7855 Brookville Road. The buyer was represented by Wayne O'Hara of Sitehawk Retail Real Estate. The seller, Brookville Crossing LLC, was represented by Shawn Deitch of Kaiser Land Co.
-Westridge Investments LLC bought a 38,448-square-foot, two-building office park at 6781-6845 E. U.S. 36, Avon. The buyer was represented by Tom Osborne and Kim Hartman of Colliers International. The seller, Resource Property Management LLC, as receiver, was represented by Brian F. Knapp and Janice Paine of Colliers International.
-Sunbeam Development Corp. bought a 3,500-square-foot retail building at 9598 Allisonville Road. The sellers, Russell C. Beckwith and Vivian L. Beckwith, were represented by Paul Dick and Kevin Dick of Colliers International. The buyer represented itself.
-Islamic School of Plainfield bought a 7,500-square-foot former day care facility at 2183 Stanley Road, Plainfield. The seller, Stanley Road Investors LLC, was represented by Brett Burch of Valenti Real Estate Services Inc. The buyer represented itself.
-Watermark Residential bought a 19-acre site on the south side of Whitestown Parkway just east of County Road 700 East in Whitestown. The seller, Diversified Property Group LLC, was represented by Brett Burch of Valenti Real Estate Services Inc. The buyer represented itself.
-Southern Wine & Spirits of America renewed its lease for 211,500 square feet of industrial space at 800 Commerce Parkway Drive, Greenwood. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, Liberty Property Trust, was represented by Jake Sturman of Jones Lang LaSalle.
-Golf Galaxy leased 35,056 square feet at Castleton Square Pavilion, 5625 E. 86th St. The tenant was represented by Paul Gold of ECHO Real Estate Services. The landlord, Castleton Anchor Redevelopment II LLC, was represented by Thomas English and Larry Davis of Sitehawk Retail Real Estate.
-Ingredion Inc. leased 13,864 square feet at 5521 W. 74th St. The tenant was represented by Matt Jackson of Jackson IG. The landlord, Duke Limited Partnership, was represented by Kate Willen of Duke Realty Corp.
-Winner Woodworking Inc. leased 6,300 square feet of industrial space at 2205 National Ave. The tenant and landlord, Donald Kosten, were represented by Mike Medlock of Lee & Associates.
-Mattress Firm leased 4,500 square feet at U.S. 40 Shops at Perry Road and U.S. 40, Plainfield. The tenant was represented by Scott Gray of Sitehawk Retail Real Estate. The landlord, ECC Main Street Property LLC, was represented by Larry Davis and Thomas English of Sitehawk Retail Real Estate.
-MS Consultants Inc. leased 3,627 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Svarczkopf of CBRE. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Provident Funding Associates LP leased 3,050 square feet at 8900 Keystone Crossing. The tenant was represented by Kevin Gillihan of Jones Lang LaSalle. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Symetra Life Insurance leased 2,830 square feet at 9100 Keystone Crossing. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate Group. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Blaze Pizza leased 2,400 square feet at Meijer Outlot Shops II, 12697 N. Pennsylvania St., Carmel. The tenant was represented by Allison Hawley of Niessink Commercial. The landlord, ECC Carmel Meijer Shops II LLC, was represented by Larry Davis, Tom English and John Baker of Sitehawk Retail Real Estate.
-National Electrical Contractors Associates leased 2,247 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.
-Chipotle Mexican Grill leased 2,240 square feet at Meijer Outlot Shops II, 12697 N. Pennsylvania St., Carmel. The tenant was represented by Bryan Chandler of Eclipse Real Estate. The landlord, ECC Carmel Meijer Shops II LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-Diagnotes Inc. leased 2,025 square feet at 8900 Keystone Crossing. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate Inc. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Combined Insurance Co. of America leased 1,854 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.
-TKH Holdings LLC leased 1,750 square feet at Harbourtown Shoppes, located at North Harbour, Noblesville, for a Friends & Company restaurant. The landlord, Harbourtown Center LLC, was represented by J.W. Ernst of Charter Commercial Realty Group. The tenant represented itself.
For-profit colleges, bruised by years of investigations and rule-making, may face additional financial pressure from a new wave of state probes by attorneys general and the U.S. Consumer Financial Protection Bureau.
A year-long Keystone Avenue bridge project slated to start next month has prompted the owner of the venerable north-side steakhouse to relocate about a mile north and take over another restaurant space.
The owner of the popular Noah Grant’s Grill House & Oyster Bar in Zionsville is targeting an April opening for a second restaurant flanking the town’s brick Main Street. Plus: the latest retail roundup.
-Kort Builders has completed a 2,500-square-foot restaurant addition to the Ale Emporium at 8617 Allisonville Road.
-Kort Builders has completed a 13,000-square-foot build-out for Goody’s at 1818 State Road 44, Shelbyville.
