Prudential Indiana adds two Coldwell Banker offices
Bringing Carmel and Avon offices under the Prudential brand should help the agency increase its presence in the metropolitan area, particularly on the west side.
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Articles
Performing-arts groups stretch to cover rent at Palladium
Carmel is building a dream home for the performing arts. Now those groups planning to move into it just have to figure out how to pay their share of the mortgage.
Commuter bus might be saved
Routes to Carmel and Fishers that were to be discontinued at the end of the year are on the verge of being rescued.
Retailers scout new Indy-area locations
Several restaurants, including three pizza chains, and an adult-oriented retail store are planning new locations around the city.
Basiles donate to new Wishard Hospital
$300,000 from the local philanthropists is the hospital’s first naming-rights gift.
Roundup: Urban Element, Lovers Lane, Jets Pizza, IHOP, Taco Bell, Music Mill
Urban Element reopens under new ownership and several pizza chains plan new stores.
Lost funding puts brakes on commuter buses
The expiration of a federal grant will halt a popular suburban commuter bus service at year’s end, but central Indiana transit advocates say it may be just a temporary stoppage.
Longtime local Cadillac dealer loses fight to sell car
Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
Leasing/leasing contracts
-Orchard Software leased 40,694 square feet at 701 Congressional Blvd., Carmel. The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.
-DuCharme McMillen and Associates extended and expanded its lease to 17,499 square feet at Lake Point II, 8440 Allison Pointe Blvd. The tenant was represented by Steve Beals of Lee & Associates Commercial Real Estate Services. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Signworks Inc. leased 10,800 square feet of industrial space at 5343-5351 W. 86th St. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Indy Flex Investors, was represented by Bryan Poynter and Kyle Powell of Cassidy Turley.
-Quadel Consulting Corp. leased 9,297 square feet of office space in Market Tower, 10 W. Market St. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-Church of Iron leased 7,650 square feet of industrial space at 5120 E. 64th St. The tenant was represented by Kevin Kempf and Patrick Lindley of Cassidy Turley. The landlord, Orthopros LLC, was represented by Stan Elser of Lee & Associates.
-That’s Good HR Inc. leased 6,403 square feet of office space at 8440 Woodfield Crossing Blvd. The tenant was represented by Graham Summers and Adam Broderick of Jones Lang LaSalle. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Pete And D's Corp. leased a 5,642-square-foot former Denny's restaurant at 4902 S. East St. The tenant was represented by David Simons of Velocity Commercial Real Estate. The landlord, National Retail Properties, represented itself.
-West Racing Team leased 5,063 square feet of industrial space in Crosspoint II, 9900 Westpoint Drive. The tenant was represented by Conrad Jacobs of Halakar Real Estate. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-Hair Club for Men extended and expanded its lease to 4,865 square feet at Woodland I, 8275 Allison Pointe Trail. The tenant was represented by John Crisp of Cassidy Turley. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Dyslexia Institute of Indiana Inc. leased 3,345 square feet of office space at 8395 Keystone Crossing. The tenant was represented by Timothy O’Brien of Colliers International. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-New Balance Shoe Store leased 3,147 square feet of retail space at West Carmel Marketplace, 9893 N. Michigan Road. The tenant, Brad Stout, was represented by Tom Megenhardt. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.
-Decatur Vein Clinic leased 2,000 square feet of retail space at 105 S. Raceway Road. The tenant was represented by Richard King III of Hokanson Cos. The landlord, Ossip Real Estate, was represented by Jacque Haynes of Cassidy Turley.
-Crosspoint Communications leased 1,747 square feet of industrial space at 9855 Crosspoint Blvd. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Enterprise Roofing Contractors of Indiana Inc. renewed its lease of 650 square feet 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.
Zionsville galleries team up, commit to expand hours
The joint marketing effort is, in part, an effort to counter Carmel’s Art & Design District.
ITT Educational, for-profit peers reaped $521M from military
Twenty for-profit colleges—led by Carmel-based ITT Educational Services—reaped $521 million in U.S. taxpayer funds in 2010 by recruiting armed-services members and veterans through misleading marketing, according to a Congressional report released Thursday.
Lender seeking to foreclose on northwest-side hotel
Colfin NW Funding LLC claims in a court filing that it is owed $6.4 million by the borrower that operates the Courtyard By Marriott Hotel Northwest under Indianapolis-based Schahet Hotels Inc.
Clarian Health looks to scoop up White County hospital
The Indianapolis-based hospital system’s board of directors could vote to acquire the 25-bed hospital as early as next week, but might put off a decision till February.
CNO Financial plans $300 million sale of debt
Carmel-based CNO Financial Group Inc., the insurer formerly known as Conseco Inc., plans to sell $300 million of seven-year senior-secured notes, according to a company statement.
Indianapolis Symphony’s deficit nears record
The Indiana Symphony Society on Monday reported a near-record deficit of $2.7 million for the 2010 fiscal year. And symphony CEO Simon Crookall said this won't be the end of the bleeding.
Construction
-Browning Construction has completed a 15,800-square-foot expansion for ACES Power Marketing in Mayflower Park, 4140 W. 99th St., Carmel.
-D.B. Klain Construction LLC has completed a 4,350-square-foot tenant build-out for Zeta Beta Tau at 10 Fortune Park, 3905 Vincennes Road, Suite 100.
-D.B. Klain Construction LLC has completed a 1,540-square foot tenant build-out for Dr. Federspill Dental at 9201 N. Meridian St.
-D.B. Klain Construction LLC has completed a 5,148-square-foot tenant build-out for IIGA at Lakeside, 8777 Purdue Road, Suite 360.
Leasing/leasing contracts
-Ascension Health Ministry Service Center. also known as Ascension Health, leased 92,000 square feet at Eleven Fortune Park. The tenant was represented by Bill Ehret and Katie Sobotowski of Summit Realty Group. The landlord, Eleven Fortune Park Limited Partnership, was represented by Ron Foster of Echelon Realty Advisors and by IBUS Asset Management, the limited partnership’s Washington, D.C.-based asset manager.
-Halakar Real Estate has been hired by Equicor Cos. to be the exclusive leasing agent for Waterplace Park, a 113,000-square-foot property at 8925-9011 N. Meridian St., and Fidelity Keystone Office Tower, a 37,000-square-foot building at 650 E. Carmel Drive, Carmel. Halakar’s Ashley Bussell, Ralph Balber and Todd Maurer will be in charge of leasing for the properties.
-Bycan-Sellen leased 12,806 square feet of industrial space at 7998 Centerpoint Drive. The landlord, ING Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Sallie Mae Inc. leased 10,400 square feet of industrial space at 9900 Westpoint Drive, Nos. 118 and 120. The landlord, ING Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-EMP Technology Group LLC leased 8,120 square feet of industrial space at 15309 Stony Creek Way, Noblesville. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Gulf Shores LLC, was represented by Chris Black of CB Richard Ellis.
-A&F Engineering Co. LLC leased 7,560 square feet of office space at 8365 Keystone Crossing. The tenant was represented by Tim O’Connor of Prudential Indiana Realty Group. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-PrimeLending leased 6,216 square feet of office space at 9100 Meridian Square, 50 E. 91st St. The tenant was represented by Richard Trimpe of CB Richard Ellis. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-Stifel Nicolaus & Co. leased 5,740 square feet at 8888 Keystone Crossing. The tenant was represented by Jay Stewart of Grubb & Ellis. The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Fall Creek Montessori Academy leased 5,400 square feet at 8888 Fitness Lane, Fishers. The tenant was represented by David Kiernan HR Realty Group LLC. The landlord, Midwest Properties, was represented by Keith Dedrick of Corporate Commercial Group.
-Educate Beyond All Barriers Inc. leased 5,200 square feet of industrial space at 2101 S. State Ave. The landlords, Norman and Dianne Meurer, were represented by Kelly Williams of Cassidy Turley. The tenant represented itself.
-10/01 leased 4,500 square feet of restaurant space at 1001 Broad Ripple Ave. The tenant was represented Michael Cranfill of Sitehawk Retail Real Estate. The landlord, 1001 Properties Inc., was represented by Gary Perel of UrbanSpace.
-Woodland Montessori Inc. leased 4,334 square feet of office space at 10305 N. Allisonville Road. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, JMH Properties LLC, was represented by Scott H. Lindenberg and Jason Challand of Echelon Realty Advisors.
-MS Consultants leased 3,627 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-American Society of Clinical Pathology leased 3,179 square feet at 8900 Keystone Crossing. The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.
-Rimkus Consulting Group Inc. leased 3,021 square feet of office space at One College Park. The tenant was represented by Scott H. Lindenberg of Echelon Realty Advisors. The landlord, Zeller Management Co., represented itself.
-Patton & Associates leased 2,666 square feet at 9000 Keystone Crossing. The tenant was represented by Rob Chrisman of Bridge Real Estate Advisors Inc. The landlord, BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Subway has entered a build-to-lease deal with Holladay Properties Inc., which will build a 2,100-square-foot free-standing restaurant on nine-tenths of an acre at 8240 Belfast Drive at the entrance to AmeriPlex Business Park. The landlord, Holladay, was represented by Ryan Zickler of Zickler Associates. The tenant represented itself.
-SC Hoskins and Co. leased 2,045 square feet at Franklin Professional Center, State Road144 and Westview Drive, Franklin. Both the tenant and landlord, Landmark Properties Inc., represented themselves.
-Pilates Indy Inc. leased 1,400 square feet at Greenwood Springs, 8028 S Emerson Ave. The landlord, Regency Realty Group Inc., was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.-Employment Plus Inc. leased 1,250 square feet of retail space in South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. The tenant and the landlord, HRCP Inc., were represented by Cathy Richards of Lee & Associates.
-Definitive Auto Sales LLC leased 1,250 square feet of retail space in South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. The tenant and the landlord, HRCP Inc., were represented by Cathy Richards of Lee & Associates.
-Hello Indiana LLC leased 800 square feet of retail space at 3119 W. 30th St. The tenant and the landlord, DEWERCS One LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Service Master @ Your Service LLC leased 662 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.
-Lewis Legal Services leased 663 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.
Children’s choir founder taps protege
Indianapolis Children’s Choir founder Henry Leck has named Josh Pedde as the first assistant artistic director in the 25-year history of the not-for-profit organization.