I am grateful and humbled for the opportunity to serve as the sixth publisher in IBJ’s
history, succeeding Chris Katterjohn, who was publisher the past 20 years.
-Furniture Biz leased 15,700 square feet at Cherry Tree Plaza, 9701 E. Washington St. The tenant and landlord, Winkal Holdings, were represented by John Schick of The Broadbent Co.
-Tuesday Morning leased 15,108 square feet at Merchants Square, 2160 East 116th Street, Carmel. The tenant was represented by Wayne O’Hara of Sitehawk Retail Real Estate. The landlord, Merchants 450 LLC, was represented by Jacque Haynes and Del Demao of Cassidy Turley.
-Goodin Abernathy & Miller LLP leased 7,965 square feet at 8900 Keystone Crossing. The tenant was represented by John Corey of Levi Investment Realty Inc. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Progressive Casualty Insurance Co. leased 6,480 square feet at 4642 Northwestern Drive, Zionsville. The landlord, SMB LLC, was represented by Brett Spitzer and Jason Speckman of NAI Olympia Partners. The tenant represented itself.
-Intecare Inc renewed and expanded its 3,959-square-foot lease at 8604 Allisonville Road. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Nelnet Inc. subleased 3,800 square feet at 10500 Kincaid Drive, Fishers. The tenant was represented by Brooke Augustin and Bryan Augustin of NAI Olympia Partners. The lessor, Samex Capital Partners LLC and Samex Capital Advisors LLC, represented themselves.
-Philo Urban Metals Technology Corp. leased 3,600 square feet at 5709 W. 85th St. in Park 100. The tenant was represented by Raymond Modglin of The Modglin Group. The landlord, ProLogis, was represented by Brett Spitzer and Jason Speckman of NAI Olympia Partners.
-Long’s Mattress World leased 3,000 square feet at Castleton Point, 82nd Street and Allisonville Road. The tenant was represented by Chris Carmen of Centre Properties. The landlord, The Broadbent Co., was represented by Broadbent’s John Beuoy.
-Global Partners Ltd. leased 2,475 square feet at 8200 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Intec & Company Inc. renewed its 1,874-square-foot lease at 2611 Waterfront Parkway, East Drive. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Rapid Logistics leased 1,232 square feet at 2611 Waterfront Parkway, East Drive. The tenant was represented by Tom Frank of Summit Realty Group. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
A 16-acre wood nestled against the White River and surrounded by the Keystone at the Crossing shopping center will become
a public nature preserve.
Several Indiana companies are in a position, or soon will be, to launch an initial public offering. But don’t expect a wave
of new Indiana public companies. In the recession, with both revenue and profits down, companies may choose to wait until
they have better numbers to report.
Carmel-based CarCheckup LLC has created a cell-phone-size device that plugs into a car’s “OBD II” diagnostic port to track
a plethora of data, such as speed ranges, graphs of RPM, and numbers on how hard the car accelerated and braked. The company
is marketing the device to parents of teen drivers, among others.
The firm was a pioneer in the energy savings niche more than a decade before green became cool or was perceived to be a viable
market.
Work is to start next year on upgrading the highway through Carmel and Westfield to interstate standards in phases through
2017.
Goldman Jewelry, J.P. Parker Flowers and Shapiro’s Deli plan a Tuesday evening farmer’s market on the south side of downtown
Indianapolis beginning June 1.
-Indiana Department of Environmental Management leased 53,055 square feet at Western Select, Building 41, 2525 N. Shadeland Ave. The tenant was represented by R.J. Rudolph and Tim O’Brien of Colliers International. The landlord, Western Select Properties, was represented by Rich Forslund and Matt Langfeldt of NAI Olympia Partners.
-Tressa Orman/Roberto Molina leased 12,602 square feet at 4280 Sellers St., Lawrence. The tenants, who will operate an accounting firm and a granite-https://admin.ibj.com/admin/article/workflow/claim?articleId=20140#and-marble fabrication business at the address, were represented by Jeff Baumgartner of Coldwell Banker Commercial Realty Services. Baumgartner also represented the landlord, Investment Strategies of Indianapolis LLC.
-Kiddie Academy Domestic Franchise leased 10,000 square feet at Geist Landing, 11703 Olio Road, Fishers. The landlord, Geist Landing of Fishers LLC, and tenant were represented by Jon Hardy and Jim Shook of Coldwell Banker Commercial Realty Services.
-RNT Family LP renewed and expanded its 3,300-square-foot lease at 8606 Allisonville Road. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Physicians Mutual Insurance leased 3,126 square feet at 8606 Allisonville Road. The tenant was represented by Lynn Lannquist of NAI Olympia Partners. The landlord, Castle Creek LLC., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Security Benefit Corp. leased 2,665 square feet of office space at M&I Plaza, 135 N. Pennsylvania St. The tenant was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The landlord, North Penn Associates, was represented by Jon Owens and Russell Van Til of Cassidy Turley.
-Standard Mutual Insurance leased 2,508 square feet at 8604 Allisonville Road. The tenant was represented by Steve Beals of Grubb & Ellis Harding Dahm & Co. The landlord, Castle Creek Office LLC., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-SentryTrust Title Co. Inc. leased 2,406 square feet of office space at 6535 E. 82nd St. The tenant was represented by Darrin L. Boyd of Cassidy Turley. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore of Cassidy Turley.
-The Paul Fangman Foundation leased 2,109 square feet in Northeast Office Center, 5660 Caito Drive. The tenant was represented by Conrad Jacobs of Halakar Real Estate. The landlord, Patriots Place LLC, was represented by James Mount of Hokanson Cos.
-Barnes Equipment Corp./B&H Industrial LLC leased 1,802 square feet of office space at 8770 Commerce Park Place. The landlord, Dhillon Commerce Park LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.
-Certified Car Care Inc. leased 1,802 square feet of office space at 8770 Commerce Park Place. The landlord, Dhillon Commerce Park LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.
-American General Financial Services Inc. leased 1,618 square feet at Stony Creek Marketplace, Noblesville. The tenant was represented by Eric Hillenbrand of Sitehawk Retail Real Estate. The landlord, Inland Western, was represented by Larry Davis and Tom English of Sitehawk.
-Engineered Air leased 1,200 square feet at Carmel Office Court, 301 E. Carmel Drive, Carmel. The tenant was represented by Marty Obst of Venture Realty. The landlord, RN Carmel Court Acquisitions, was represented by Kevin Dick of Colliers International.
-Tangent Resource leased 1,000 square feet at Carmel Office Court, 301 E. Carmel Drive, Carmel. The landlord, RN Carmel Court Acquisitions, was represented by Kevin Dick of Colliers International. The tenant represented itself.
-PFM Automotive bought an 18,844-square-foot building at 1441 S. Guilford Ave., Carmel. The price wasn’t disclosed. The buyer was represented by Kevin Dick and Paul Dick of Colliers International. The seller, Duke Energy Indiana Inc., was represented by Steve Daum and Matt Langfeldt of NAI Olympia Partners.
-CKJ Property LLC bought a 2,297-square-foot office building at 6838 S. East St. The price wasn’t disclosed. The buyer was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co. The seller, Bauer Ventures LLC, was represented by Casey Raker of Re/Max Select.
The Fort Harrison Reuse Authority has approved the sale of a 6.6-acre site to Carmel-based J.C. Hart Co. for development of a 217-unit apartment community.
Restaurants and retailers are making moves in Indianapolis, Avon, Carmel and Shelbyville.
The recession is dragging on, unemployment remains above 9 percent, and Lilly is chopping its way through 5,500 layoffs.
Business bummers abound. But it’s not all bad news.
If the events at Carmel High School had occurred outside the realm of sports, would the scrutiny have been this intense,
and this sensationalized?
One hurdle is that too few people understand what constitutes hazing.
Faced with a $3.2 million budget shortfall, IndyGo proposes the elimination of the Airport Express route, the Route 87 Eastside
Circulator and the IndyGo Commuter Express to Carmel and Fishers.
Four Carmel High School basketball players charged in an assault investigation were released about 4:30 a.m. Tuesday after
posting bond. After an extensive investigation lasting several months, prosecutors decided to file charges against the four
seniors, who are accused of assaulting underclassmen. The misdemeanor charges were filed Monday against 19-year-old John Scott
Lazkowski, 18-year-old Oscar Falodun, 18-year-old Brandon Hoge and 19-year-old Robert Kitzinger. Meanwhile, during a meeting
Monday night, the Carmel Clay School Board announced three basketball coaches have resigned. Head Coach Mark Galloway resigned,
as well. Fox59 will have more at 4 p.m.
Opening week lineup to be announced June 6 for new Carmel concert hall.
-LH Express LLC leased 41,600 square feet of industrial space at 5252 Decatur Blvd. in the Ameriplex Business Park. The tenant, which is moving from a 15,000-square-foot location in Ameriplex, was represented by W. M. Weishaar of Cassidy Turley. The landlord, Prologis, was represented by Cassidy Turley’s Luke Wessel.
-Star Pipe Products extended its 30,000-square-foot lease at 6119 Guion Road. The tenant was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, Grand Prix Properties, represented itself.
-Suburban Health Organization renewed its 14,210-square-foot lease at 2780 Waterfront Parkway, East Drive. The tenant was represented by Jay Gehl of Hokanson Companies Inc. The landlord, New Boston Jacaranda L.P., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Picasso Lawn & Landscape LLC leased 6,000 square feet in the Near Northeast Business Center, 4330 Hull St. Tony Hupp of Summit Realty Group represented the landlord, Hull & Sellers LLC, and the tenant.
-Royal United Financial Services LLC leased 5,025 square feet of office space at 7999 Knue Road. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-Quadrant Financial Inc. leased 4,537 square feet of office space at 6515 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-The Ohlson Group Inc. leased 3,058 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, Zeller Management Corp., represented itself.
-Elwood Staffing leased 1,600 square feet at Applewood Centre on Scatterfield Road, Anderson. The landlord, Scatterfield Road Associates, was represented by Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.
-Spice Indian Grill Inc. leased 1,200 square feet at Northpark Shopping Center, 5436 W. 86th St. The landlord, F&R Realty, was represented by Liz Yoho of Providence Development. The tenant represented itself.
-Little Caesars Pizza leased 1,400 square feet at 3850 N. Post Road. The tenant was represented by Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, 3850 North Post Road LLC, was represented by Ryan Hurst of NAI Olympia Partners.
-Standard Mutual Insurance Co. leased 2,508 square feet at Castle Creek I, 8604 Allisonvile Road, Suite 130. The tenant was represented by Steve Beals of Grubb & Ellis Harding Dahm & Co. The landlord, New Boston Castle Creek LP, was represented by Brian Fitzgerald of Citimark Management Co. Inc.
