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Articles

HENDERSON: Indianapolis getting squeezed by suburbs

February 11, 2010

Indianapolis’ successful suburbs are rapidly surrounding the city. More important, tax and cultural shifts
are starting to drain Marion County.

Also this week:

February 10, 2010

Cirque du Soleil presents “Alegria,” Feb. 11-14 at Conseco Fieldhouse. Details here.  
 
Indiana Repertory Theatre
presents Joan Didion’s “The Year of Magical Thinking,” Feb. 16-March 9. Details here.
 
Gregory Hancock Dance Theatre presents
“Under the Big Top,” Feb. 12-28 at the  Academy of Gregory Hancock Dance Theatre in Carmel.
Reservations required. Details here.
 
Butler Ballet presents its “Midwinter Dance
Festival,”
Feb. 12-13 at Clowes Hall. Details here.
 
Theatre on the Square presents a double
bill of hits from past Indy Fringe festivals, "Mr. Charles Currently of Palm Beach" and "A..holes
and Aureoles,"
Feb. 12-27. Details here.
 

Not guilty plea entered for ex-IU player Leary

February 10, 2010

A judge has entered a preliminary not guilty plea for a former Indiana University basketball player charged in connection
with an ex-business partner’s multimillion-dollar fraud scheme.

Roundup: People bakery replaces former dog bakery

February 8, 2010

Check out a roundup of restaurant and retail news, including a new bakery in Irvington, a replacement for a Starbucks in Indianapolis
and a new pizza joint in Franklin.

Construction

February 8, 2010

-Alt Construction has completed a 1,000-square-foot optometry office build-out at 755 W. Carmel Drive for Dr. Sam Ramschlag.

-Kort Builders has completed a 1,400-square-foot office at 6845 Bluff Road, Suite 26, for Christie Vision Care.

-Kort Builders has completed a 1,600-square-foot retail space for Solar Nail Salon in Nora Plaza, 1340 E. 86th Street, Suite 54.

-Kort Builders has started construction of a 4,000-square-foot retail space at 13971 Hamilton Town Center Blvd., Noblesville, that will house a Rue 21 retail store. The client is Simon Property Group.
 

Demand for smart-phone applications spawns opportunities

February 4, 2010

Smart-phone fever is heating up the climate for innovation in the local tech community, as firms new and old try to cash
in on the demand for applications that can be used on the iPhone, BlackBerry and other gadgets from the likes of Palm and
Google.

Records

February 4, 2010

Public records listing from the Feb. 8, 2010, edition of IBJ.

Brees’ ties to Purdue cause division among state’s fans

February 3, 2010

Most of Indiana is expected to wear Colts blue on Super Bowl Sunday, but loyalties are split near the Purdue campus in West
Lafayette.

People

February 2, 2010

Richard Shepperd is retiring as president and CEO of Bioanalytical Systems Inc., a
West Lafayette-based provider of clinical research services and equipment. Sheppard already surrendered his position as president,
and the company’s board named Anthony Chilton, the company’s chief operating officer, interim
president. The board said it would conduct a national search for a new CEO. Shepperd, 69, became CEO in September 2006 and
had agreed to stay no later than December 2009. During his tenure, Bioanalytical’s stock lost 85 percent
of its value.

Dr. Michael Langley has joined Carmel-based Anson Group as a regulatory consultant.
Langley retired from Eli Lilly and Co., having served in many roles, including director of regulatory affairs and clinical
research.

Dr. Shanna Bowman and Dr. Stacey Smith have joined County Line Pediatrics,
a new practice on South Emerson Avenue that’s part of St. Francis Medical Group. Both Bowman and Smith earned
their medical degrees at the Indiana University School of Medicine.

The Indiana Health Industry Forum made Kristin
Jones
its president and CEO after she had performed those jobs on an interim basis since 2008. Also, the health and
life sciences group named former Roche Diagnostics executive Joerg Schreiber chairman.

Cincinnati investors buy apartment complex anchored by mansion

February 1, 2010

Sundance Real Estate Holdings and other investors closed on the 37-unit Mansion Row apartments at 2550
Cold Spring Road on Dec. 30.

Leasing/leasing contracts

February 1, 2010

-EJP Inc., a flea market, leased 29,000 square feet at 3900 S. East St. Liz Yoho of Providence Development represented the landlord, Expo Bowl Inc. The tenant represented itself.

-R. Falcone Automotive Inc. leased 19,632 square feet at 1906 W. 16th St. Mark Writt and Greg Witkowski of CB Richard Ellis represented the owner/landlord, 16th Street Properties LLC. The tenant represented itself.

-Hill-Rom Co. Inc. leased 9,000 square feet at 8531 Zionsville Road in Building 2 of the Park 100 Industrial Center. Tom Cooler and Mark Writt of CB Richard Ellis represented the tenant. The owner, ProLogis, was represented by Brett Spitzer of NAI Olympia Partners.

-USA Medical Inc. leased 6,888 square feet at Plaza at Castleton, 8470 Castle Corner Drive. Scot Courtney, Cindy Hoskinson and Bart Jackson of Grubb & Ellis Harding Dahm & Co. represented the landlord, Castleton Shopping Center LLC. The tenant was represented by Bart Jackson of Grubb & Ellis Harding Dahm & Co.

-Katzman & Katzman PC leased 5,853 square feet of office space at 3500 DePauw Blvd. Scott Levinson of Urbahn Cos. represented the tenant. The landlord, CP Pyramids Associates LP, was represented by David A. Moore, Darrin L. Boyd and Bennett Williams of Colliers Turley Martin Tucker.

-Friaco’s Mexican Restaurant leased 3,200 square feet at Fishers Corner Shoppes, 11680 Commercial Drive, Suite 1000, Fishers. Nick Wright of Midland Atlantic represented the tenant. The landlord, SENA Realty FC LLC was represented by Williams Realty Group.

-Serenity Counseling Services leased 2,070 square feet at Vista Professional Center, 432 S. Emerson Ave., Greenwood. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the tenant and the landlord, Adelphia Properties LLC.

-Downtown Comics Inc. leased 1,040 square feet at Chapel Hill Shoppes, 7301 W. 10th St. Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co. represented the landlord, GSR LLC. The tenant represented itself.

-Landrum’s Cleaning LLC leased 2,553 square feet at 8770 Commerce Park Place. The landlord, Dhillon Commerce Park LLC, was represented by Darrin L. Boyd and David A. Moore of Colliers Turley Martin Tucker. The tenant represented itself.

-Talagy leased 3,801 square feet of office space at 3500 DePauw Blvd. Darrell Pike of Precedent Real Estate Services represented the tenant. The landlord, CP Pyramids Associates LP, was represented by David A. Moore, Darrin L. Boyd and Bennett Williams of Colliers Turley Martin Tucker.

-Verizon Access Transmission Services leased 3,427 square feet of office space at 550 Congressional Blvd., Carmel. Michael Swanson of Jones Lang LaSalle-Southwest represented the tenant. The landlord, 550 Congressional Blvd. LLC, was represented by David A. Moore, Darrin L. Boyd and Mary Beth Kohart of Colliers Turley Martin Tucker.
 
-Paws Ability leased 2,800 square feet at Plainfield Village on U.S. 40. The landlord, The Broadbent Co., was represented by Jeff Roberts. The tenant represented itself.

-Millennium Sounds leased 2,800 square feet at Clearwater Shoppes, 82nd Street and Dean Road. The landlord, The Broadbent Co., was represented by John Beuoy. The tenant represented itself.

-The Game Preserve Inc. leased 1,600 square feet in Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Robyn Smart of CB Richard Ellis. The owner/landlord, Fashion Mall Commons I LP, was represented by John Beuoy of The Broadbent Co.

Analyst: Recalled Toyotas likely won’t face long-term resale hit

January 29, 2010

Recalled Toyotas have been yanked from used-vehicle auction blocks, but resale values should be protected if Toyota handles
the
recall with “transparency,” according to a local analyst.

St. Vincent to buy Care Group, city’s largest cardiology practice

January 28, 2010

St. Vincent Health is near an agreement to take over The Care Group LLC, the city’s largest independent physician practice
and largest cardiology group in the nation.

Apartment developer investing $100M in Hamilton projects

January 28, 2010

Carmel-based developer J.C. Hart Co. is making a $100 million bet that luxury apartment communities will continue to thrive
in Hamilton
County, particularly along 146th Street.

People in the news – Feb. 1, 2010

January 28, 2010

People listings are free.

Federal rule tied to electronic medical records panned

January 28, 2010

The government has erected a high fence around a pot of $27 billion available to doctors and hospitals that successfully
computerize their patient records by next year, sparking complaints.

Indiana Senate panel approves school-start-date bill

January 27, 2010

The committee endorsed legislation that would prevent the state’s public schools from starting classes before Labor Day.

Construction

January 25, 2010

-Shamrock Builders-Commercial has started an interior rebuilding project for Dr. Stephen Lehman, DDS, at 320 Medical Drive,
Carmel. A fire gutted the 4,480-square-foot office Nov. 1. The project is scheduled to be completed by the end of May. 

-Shamrock Builders-Commercial has broken ground on a new office for Laughlin / Northwestern Mutual Life at 9759
Crosspoint Blvd. The 18,000-square-foot building is scheduled to be completed by the middle of July.

-D.B. Klain
Builders LLC has completed a 1,162-square-foot tenant build-out at 2159 Glebe St., Carmel. The space is occupied by Edward
Jones & Co.
 

Indianapolis hospitals extending reach statewide

January 21, 2010

St. Vincent Health’s agreement to lease the county hospital in Salem for five years is the latest in a string of deals
by Indianapolis hospital systems seeking a statewide presence.

People in the news – Jan. 25, 2010

January 21, 2010

People listings are free.

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