Indiana University officials may need to unveil a plan to upgrade and operate the IUPUI Natatorium by Dec. 10 if Indianapolis is going to have a shot to host an Olympic trial in 2016.
Edgeworth Laskey Properties LLC, which has developed three buildings within Allison Pointe Park, bought the 10.5-acre parcel along Interstate 465 from a suburban Chicago company.
San Francisco-based Genstar Capital is exploring selling the 2,600-employee company in the wake of failing early this year to renegotiate the company’s massive debt load.
Allison Transmission Holdings Inc. on Monday reported a jump in profit in the third quarter despite sliding revenue.
-Edward’s Transmissions leased 30,368 square feet at 2A Gasoline Alley. The landlord, J&J Properties Inc., was represented by Brian Seitz and Kevin Gillihan of Jones Lang LaSalle. The tenant represented itself.
-Shrewsberry & Associates renewed its lease for 7,358 square feet of office space at 7321 Shadeland Station. The tenant was represented by Kimberly Estes Hartman, RJ Rudolph and Tom Osborne of Colliers International. The landlord, LA/Shadeland Station Inc., was represented by Crystal Houston of CBRE.
-Fast Track LLC leased 6,836 square foot of office space at 6330 E. 75th St. The tenant was represented by Glenn B. Davis of Colliers International. The landlord, Metro Centre Office Park LLC, was represented by Crystal Houston of CBRE.
-REI LLC leased 5,500 square feet at 6007 S, Harding St. The tenant and landlord, TW Inc., were represented by Keith Turnbill of RE/MAX Select Realtors Commercial Division.
-Logicalis Inc. leased 5,036 square feet of office space at 9225 Priority Way, West Drive. The tenant was represented by Ben Herman of Mohr Partners. The landlord, Pace Properties, was represented by Kimberly Estes Hartman of Colliers International.
-Stacked Pickle leased 4,280 square feet of retail space in Meridian Oaks, 172 Melody Ave., Greenwood. The tenant was represented by Brian Epstein of Urban Space. The landlord, RCS Holdings LLC, was represented by Bart Jackson of Lee & Associates.
-Companion Care Co. leased 3,128 square feet at 8604 Allisonville Road. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, Citimark Management Co., was represented by Citimark's Brian Fitzgerald.
-Insurance Institute of Indiana leased 3,101 square feet at 115 W Washington St. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, Hub Properties GA LLC, was represented by Rick Trimpe of CBRE.
-Mission: Pre-Born leased 2,567 square feet of office space at 4333 W. 71st St. The landlord, Home Acres Building Supply Co. Inc., was represented by Bill Brennan of Lee & Associates. The tenant represented itself.
-MDC Design LLC doing business as Snazzi Boutique leased 1,790 square feet of retail space at Boardwalk Shoppes, 720 Adams St., Carmel. The tenant was represented by Stacia Yeager of Encore Sotheby’s International Realty. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International.
-Indiana Optometry leased 1,489 square feet in Market Tower, 10 W. Market St. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, MT Acquisitions LLC, was represented by Bennett Williams of Cassidy Turley.
-Farmers Insurance renewed its lease for 960 square feet at Country Center, 1100 N. State Road 135, Greenwood. The Landlord, TCP Greenwood, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
Indianapolis lacks a five-star hotel, a fact some hospitality experts think could hurt the city’s chances of landing the 2018 Super Bowl. But there’s no consensus on whether the city should go more upscale.
Fishers police are seeking a man who tried to rob a homeowner just before 7 a.m. in a neighborhood west of Allisonville Road between 96th and 106th streets. The suspect, who wore a black hoodie, approached the victim at his mailbox, said he had a gun, and demanded cash. He fled the scene when he discovered the resident had no money. Police closed several roads in the area during the search, and put two schools and a retirement home on lockdown.
-Merrill Lynch leased an additional 16,899 square feet and renewed its lease for 38,145 square feet at Five Parkwood, 500 E. 96th St. The tenant was represented by Nick Svarczkopf of CBRE. The landlord, Duke Realty, was represented by Duke's Traci Kapsalis.
-Kohl’s Department Stores Inc. leased 9,434 square feet at 1729 S. U.S. 31, Greenwood. The landlord, 1729 S. US 31 LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-Aerotek renewed its lease for 8,040 square feet of office space at Five River Crossing, 8558 N. River Road. The tenant was represented by Jamie Smith and Russell Van Til of Cassidy Turley. The landlord, an affiliate of PK Partners, represented itself.
-Preferred Financial Solutions Inc. leased 6,423 square feet of industrial space at 5665 W. 74th St., Building 117. The tenant was represented by Glenn B. Davis of Colliers International. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Crossroads Brewing Co. leased 5,800 square feet at Country Center, 1140 N. State Road 135, Greenwood. The landlord, TCP Greenwood, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-TurningPoint leased 4,545 square of retail space at Five River Crossing, 8558 N. River Road. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, an affiliate of PK Partners, represented itself.
-Franklin American Mortgage Co. leased 2,539 square feet of office space at Five River Crossing, 8558 N. River Road. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE. The tenant represented itself.
-Applied Marketing leased 2,522 square feet at 550 Congressional Blvd. The tenant was represented by Nick Svarczkopf of CBRE Inc. The landlord, 550 REI-Perennial LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Qdoba Mexican Grill renewed its lease for 2,200 square feet at Emerson Commons, 6905 S. Emerson Ave. The landlord, Emerson Commons Way LLC, was represented by Larry Davis of Sitehawk Retail Real Estate. The tenant represented itself.
-Barre 2K LLC, doing business as The Bar Method, leased 2,173 square feet of office space at 10425 Commerce Drive, Carmel. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, West Carmel CP I LLC., was represented by Tom Ott of Coastal Partners LLC.
-Starbucks leased 2,000 square feet of retail space at Nora Shops West, 1250 E. 86th St. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, an affiliate of PK Partners, was represented by Bryan Chandler of Eclipse Real Estate.
-Red Wing Shoes leased 1,673 square feet at Centre East, 10863 E. Washington St. The tenant was represented by Bowman Elder of Vernick & Associates Ltd. The landlord, Centre East LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Jersey Mikes leased 1,400 square feet at Merchants Pointe, 2271 Pointe Parkway, Carmel. The tenant was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate.
-Chocolate for the Spirit leased 1,200 square feet of retail space at 301 E. Carmel Drive, Carmel. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International. The tenant represented itself.
-Kitchen Masters leased 1,154 square feet at Greendale Shopping Center, 789 U.S. 31 North, Greenwood. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Greendale LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Dottie Couture leased 950 square feet of retail space at Five River Crossing, 8558 N. River Road. The tenant was represented by Allison Hawley of Niessink Commercial. The landlord, an affiliate of PK Partners, represented itself.
Indiana University officials are seeking $17 million to $20 million to upgrade the Natatorium on the IUPUI campus and are considering turning day-to-day operations of the aquatics venue over to a third party.
Indianapolis has become a more bike-friendly city, and city planners are looking to ensure the progress continues. The Metropolitan Development Commission will vote Oct. 16 on a bicycle master plan that lays out a host of educational and policy initiatives to encourage two-wheeled transportation.
-Evanced Solutions LLC leased 17,000 square feet of office space at 701 E. New York St. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Rowland & Frist LP, was represented by Russell Van Til of Cassidy Turley.
-Fox and Hound renewed its lease for 8,040 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant and landlord, an affiliate of PK Partners, represented themselves.
-Taverna 1850 leased 5,000 square feet at 1850 Broad Ripple Ave. The tenant and landlord, Alex and Mina Khoury, were presented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services.
-Kids Against Hunger-Greenwood Inc. leased 5,000 square feet at Emerson Industrial Park, 5602 Park Elmwood, Greenwood. The tenant was represented by Michael P. Sloan of The Broadbent Group. The landlord, Dominion Realty Inc., represented itself.
-Woodley Farra Manion Portfolio Management leased 4,196 square feet of office space at Five River Crossing, 8558 N. River Road. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE.
-Regions Bank renewed its lease for 4,100 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant was represented by Nick Arterburn of CBRE. The landlord, an affiliate of PK Partners, represented itself.
-Mid-America Computer Corp. leased 3,000 square feet of office space at 11711 N. College Ave., Carmel. The tenant was represented by Andrew Follman of NAI Meridian. The landlord, 11711 North College LLC, was represented by Kimberly Hartman of Colliers International.
-Fox Studios, doing business as Camden Glass, leased 2,900 square feet of retail space in Winthrop Commons, 5345 N. Winthrop Ave. The landlord, Crum Realty, was represented by Ron Mannon and Scott Herider of Lee & Associates. The tenant represented itself.
-Agave Bar and Grill leased 2,643 square feet at 31 E. Main St., Carmel. The tenant and landlord, Fernando Sagovia, were presented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services.
-AT&T renewed its lease for 2,400 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant and landlord, an affiliate of PK Partners, represented themselves.
-Crust Pizzeria leased 2,400 square feet at 12505 Old Meridian St., Suite 170, Carmel. The tenant was represented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services. The landlord, Buckingham Cos., was represented by Buckingham's Tiffany Oliver.
-The Opus Group leased 2,097 square feet of office space at Three River Crossing, 3610 River Crossing Parkway. The tenant was represented by Mary Beth Kohart of CBRE. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE.
-Pizza Hut leased 1,800 square feet at Eagle Creek Shops, 5510 Lafayette Road. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Harris FLP, was represented by Beth Patterson of Colliers International.
-Jimmy Johns Gourmet Sandwiches leased 1,780 square feet of retail space at Emerson Shoppes, 4920 S Emerson Ave. The tenant was represented by Jeff Daniel of The Valenti Group. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International.
-Yang’s Foot Spa leased 1,400 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The landlord, an affiliate of PK Partners, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
Indy joins Minneapolis and New Orleans as the three NFL cities invited to bid on the big game. The 2012 Super Bowl had a $176 million direct economic impact on the city, a study said.
Hamilton County town pursuing young athletes who arrive with families in tow.
Strong writing, an interesting situation, and infuriating characters lead me uncertain how I feel about “Exiles,” the new novel by Butler University’s Allison Lynn.
For me, the weekend included ‘Touchy Subjects’ at the Indianapolis Art Center and an escape into Allison Lynn’s novel ‘The Exiles.’ What about you?
Don’t make me turn right to go left, card me unnecessarily or make me buy warm beer.
Indianapolis officials hope to include plans for a new downtown luxury hotel in their bid for the 2018 Super Bowl, but they’re not sure all the pieces for a deal—potentially on Pan Am Plaza—can be put together before a bid presentation for 32 NFL owners in May.
The company may violate loan covenants in the next three to six months, and its ability to refinance a $280 million loan that matures in July 2014 is “highly questionable,” Moody’s says.
It’s hard to imagine topping Indy’s hosting of the 2012 Super Bowl, but it can be done.
