Slow economy bruises profits of Indiana’s largest public companies
One-time events influenced bottom lines of some of the few companies that made more money in 2009.
One-time events influenced bottom lines of some of the few companies that made more money in 2009.
Few escaped the Great Recession unscathed, and unusual circumstances helped some appear as though they did.
-Choices Inc. renewed its lease for 22,593 square feet in Willowbrook IV, 4701 N. Keystone Ave. The tenant was represented by Taggart Birge of Cornerstone Companies Inc. The landlord, Visiting Nurse Services Inc., was represented by Bill Ehret and Katie Gray of Summit Realty Group.
-Buffalo Wild Wings leased 6,400 square feet at Green Street Square, 1551 N. Green St., Brownsburg. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Cranfill Development, was reprhttps://admin.ibj.com/admin/article/workflow/claim?articleId=20571#esented by Michael Cranfill.
-Classic Fashions leased 4,200 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Jamison Downs of Sandor. The tenant represented itself.
-Western Governors University leased 3,841 square feet of office space at Market Tower, 10 W. Market St. The tenant was represented by Darrin Boyd of Cassidy Turley. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Andrew D. Martin of Cassidy Turley.
-Sweet & Savory Inc. leased 3,100 square feet at 4335 106th St., Suite 700, Carmel. The tenant was represented by Ronald H. Bell of Colliers International. The landlord, Lawndale Plaza LLC, was represented by Paul Rogozinski of Veritas Realty.
-Customized Energy Solutions leased 2,555 square feet at 912 Rangeline Road, Carmel. The tenant was represented by Matt Jackson and Joe Lonnemann of Halakar Real Estate. The landlord, B&D Carmel Properties LLC, was represented by Paul Dick of Colliers International.
-Bachia Electronics leased 2,000 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.
-China Garden leased 1,219 square feet at Southport Pavilion, 5325 E. Southport Road. The landlord, Southport Pavilion LLC, was represented by Donna Hovey and Shannon Hicks of CB Richard Ellis. The tenant represented itself.
-National Semiconductor Corp. leased 1,841 square feet at Three Meridian Plaza, 10333 N. Meridian St., Carmel. The tenant was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, ARI Commercial Properties, represented itself.
-NASCO Industries Inc. leased 1,500 square feet at Library Park, 1701 Library Blvd., Greenwood. The tenant was represented by Keith Turnbill of Re/Max Select. The landlord, Ennis Co., was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
-Delta Environmental Consultants Inc. leased 1,495 square feet of office space at 6435 Castleway West Drive. The tenant was represented by Dustin McFarland of Mohr Partners. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-Hull & Associates leased 1,982 square feet of office space at 6435 Castleway West Drive. The tenant was represented by Dustin McFarland of Mohr Partners. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
The Indiana Municipal Power Agency will use funds through the American Recovery and Reinvestment Act to retrofit streetlights
in 20 communities that it serves.
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford.
Newsweek's list of top high schools, released Monday, ranks more than 1,600 schools, including 28 in Indiana.
The attorney for one of the Carmel High School assault victims could ask for a federal investigation into the case. Robert
Turner believes the grand jury was "unfairly influenced" when it charged four former basketball players with misdemeanors.
He believes students from a lower social status would have been charged with felonies. He plans to subpoena the grand jury
evidence as part of a multi-million dollar lawsuit filed by the victim's family.
-Third-party logistics provider OHL leased 507,544 square feet at 281 Airtech Parkway, Plainfield. The tenant was represented by Andrew Morris, Jeremy Woods, Matt McGrady and Jon Shuel of Summit Realty Group and Randy Wolcott of Brentwood, Tenn.-based ProVenture. The landlord, ProLogis, represented itself.
-NETech Corp. leased 14,846 square feet at Carmel Tech Center, Building III, Carmel. The tenant was represented by Zane Brown of CB Richard Ellis. The landlord, Atapco Carmel Inc., was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.
-American Surety Co. leased 10,737 square feet in Parkwood One, 250 E. 96th St. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, Duke Realty, represented itself.
-Cassidy Turley leased 4,480 square feet at Market Tower, 10 W. Market St. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Andrew D. Martin of Cassidy Turley. The tenant represented itself.
-Shebella’s Pizza & Deli leased 3,280 square feet at Indy Pavilions, 7035 E. 96th St. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.
-Fishers Urgent Care leased 2,800 square feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.
-Brain Balance leased 2,020 square feet of retail space in Park Meridian, 9510 N. Meridian St. The tenant was represented by Del DeMao of Cassidy Turley and Andrew Clifford of Clifford Realty. The landlord, Landmark Properties Inc., was represented by Russell VanTil of Cassidy Turley.
-Urthtones Salon & Spa leased 1,848 sqare feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.
-Tuchman Cleaners renewed its 1,908-square-foot lease at Northbrook Shopping Center, 1475 West 86th St. The landlord, 86th & Ditch Road Realty Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Subway leased 1,720 square feet at Precedent Retail Center, 3855 E. 96th St. The tenant and landlord, The Retail Center at Precedent Park LP, were represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Edward Jones leased 1,477 square feet at 8440 Woodfield Crossing. The tenant was represented by Darrin L. Boyd of Cassidy Turley. The landlord, Woodfield II & III LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Kiss Kiss Bang Bang leased 1,300 square feet at Fishers Town Center, 116th Street and Fishers Point Boulevard, Fishers. The landlord, The Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.
Thompson Thrift, based in Terre Haute and Carmel, has started construction on Washington Square Commons, a 9,000-square-foot
retail strip at 10110 E. Washington St., at a major entrance to Washington Square Mall.
Walter Knabe, this year’s official artist of the Indianapolis 500, will set up shop this summer in the Indiana Design Center,
part of the Carmel’s Arts and Design District.
Carmel’s virtual Disney World of new, high-density attractions—from the mixed-use City Center to the Carmel Arts and Design
District—were built with walking and biking access in mind. A recently completed study shows the potential to link numerous
other city destinations by multiple forms of transportation.
Second in our month-long series of reviews of “elemental” eateries.
High school vocal competition soared in second year. Winner landed New York gig.
Leo Brown LLC’s 20-acre, $36 million senior-living community is expected to create 132 jobs with an average salary of $37,000
when it is completed in 2011.
Concluding a year-long evaluation and public bidding process, mayor chooses Oracle’s PeopleSoft to replace local government’s
1970s-era financial IT system and New York-based Zanett Inc. to lead the implementation.
Miller Consulting Group will move its headquarters from Indianapolis to Noblesville and add the jobs by the end of 2013,
the company said Wednesday morning.
News from the Center for the Performing Arts…and some of its soon-to-be resident companies.
Longtime local IT entrepreneur Jay Love accepts job as CEO of software-maker Social Solutions, a loss for the Indianapolis
high-tech and not-for-profit communities.
New filing requirement promises real numbers, but compliance is weak.