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Articles
MARCUS: Let’s help keep legislators in check
All last week, I felt good that Todd Rokita, Indiana’s secretary of state, is pushing
for less partisan redistricting of political offices after the 2010 census.Ex-Lampoon exec Dan Laikin admits to stock fraud
Carmel businessman Dan Laikin pleaded guilty this afternoon to participating in a fraudulent scheme to pump up the stock price
of National Lampoon Inc., the Los Angeles-based entertainment company he led.IndyGo ends commuter bus route from Greenwood
Due to low ridership, the IndyGo Commuter Express route from Greenwood to downtown Indianapolis will end Dec. 1.
Irwin Financial files for bankruptcy liquidation
Columbus-based Irwin Financial Corp. has filed for Chapter 7 bankruptcy, setting the stage for the liquidation of the remaining
assets of the troubled banking company.Unfinished federal bailout sealed Irwin’s failure
Up to the end, Columbus-based Irwin Financial Corp. anticipated a government bailout that never materialized.
Unfinished federal bailout sealed Irwin’s failure
Up to the end, Columbus-based Irwin Financial Corp. anticipated a government bailout that never materialized.
092109_REW_Leasing2
-America’s Floor Source leased 9,800 square feet of warehouse space at 2402 N. Shadeland Ave. The landlord, Shadeland South Business Park LLC, was represented by Mark Stephenson of Sigma Group. The tenant was represented by Matt McGrady of Summit Realty Group and Chris Miller of Continental Real Estate in Columbus, Ohio.
-Schiele Enterprises leased 21,000 square feet of warehouse space at 2402 N. Shadeland Ave. The landlord, Shadeland South Business Park LLC, was represented by Mark Stephenson of Sigma Group. The tenant was represented by Kevin Kempf of Colliers Turley Martin Tucker.
– HG Metals leased 25,950 square feet of industrial space in Brookside Industrial Park, 1720 Wales Ave. J.D. Graves of Colliers Turley Martin Tucker represented the tenant. The landlord, Brookside Industrial Park LLC, was represented by Tyler Mensch, also of Colliers.
-Rescare Inc., doing business as Community Alternatives Adept/Voca Central, leased 16,111 square feet of office space at 8041 Knue Road. The tenant was represented by Brian Askins of UGL Equis. The landlord, Brookfield Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers Turley Martin Tucker.
-The Bonar Group leased 4,880 square feet of office space at 6410-20 Castleway West Drive. The tenant was represented by Brian Askins of UGL Equis. The landlord, Brookfield Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers Turley Martin Tucker.
-McLeod USA Telecommunications Services Inc. leased 19,221 square feet of industrial space at 7998 Centerpoint Drive. The tenant was represented by Partners National Real Estate in Dallas. Fritz Kauffman and Bryan Poynter of Colliers Turley Martin Tucker represented the landlord, ING Clarion.
-Family Tree Counseling Associates leased 2,087 square feet of office space at 706 Pro Med Lane, Carmel. The tenant was represented by Ryan Conrad of Resource Commercial Real Estate. The landlord, Mascaro Holdings LLC, was represented by David A. Moore, Bennett M. Williams and Darrin L. Boyd of Colliers Turley Martin Tucker.
Sales/acquisitions/listings
-Mainstreet Property Group purchased 17 acres of land east of State Road 37 and Cumberland Road in Noblesville for $2.2 million. Abbe Hohmann of Colliers Turley Martin Tucker represented the seller, Brookview Properties II. The buyer was represented by Bill Flanary, also of Colliers. -Westfield Outdoor bought an 18,262-square-foot office building at 8675 Purdue Road for $1.27 million. Jon Owens and Brian Meeks of Colliers Turley Martin Tucker represented the seller, Capstone Realty Company LLC. The buyer was represented by Mike Clark of the F.C. Tucker Co.
Leasing/leasing contracts
-Grace Assembly of God leased 5,000 square feet at South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the landlord, HRCP Inc. The tenant was represented by Bruce Richardson of Royal Companies Inc.-Hong Kong House leased 2,432 square feet at Marketplace at Anson, 6579 E. State Road 334, Zionsville. Scot Courtney, Bart Jackson and Cindy Hoskinson of Grubb & Ellis Harding Dahm & Co. represented the landlord, Duke Realty Corp. The tenant represented itself.
-Subway leased 2,213 square feet at Hamilton Crossing, 12261 N. Meridian St., Carmel. Rick Jones of Grubb & Ellis Harding Dahm & Co. represented the tenant. Andrew Hasbrook of Kite Realty Group represented the landlord, Kite Realty Group Trust.
Australian owner abandons efforts to sell Chase Tower
Macquarie Office Trust of Sydney has quietly pulled the 48-story Chase Tower off the market, along with a property in Boston and a property in Denver that failed to draw juicy enough offers.
Simon built mall empire from scratch, changed way America shops
Melvin Simon, who died at 82 on Sept. 16, grasped early on that creation of the nation’s interstate system would pave the way for
large, enclosed shopping centers.People in the news
People listings are free, but photos that are used in the print edition will not appear online.
Greenwood merger would create one of state’s largest cities
The new city would count more than 80,000 residents. In terms of population, it would zoom past Fishers and Carmel to rank
sixth or seventh in the state.New retail strip to replace Altum’s Garden Center
Kroger has signed on to anchor a new shopping center along Michigan Road north of 106th Street on the site of Altum’s Garden
Center.‘Dewatering’ system creates space, keeps new Marriott’s basement dry
A sprawling network of drainage pipes is designed to keep the underground parking garage of the new JW Marriott hotel dry.
Local health care industry tries to capitalize on migraine headaches
Migraines cost American employers $20 billion a year in decreased worker productivity. Such
a frequent and uncured disease stands as a huge business opportunity for the health care industry, including locally based pharmaceutical giant Eli Lilly and Co.UPDATE: Simon remembered for vision, courage
A Friday funeral is planned for a man who made a fortune building shopping malls across the U.S. and later became a prolific
philanthropist in his adopted hometown of Indianapolis. Melvin Simon, 82, succumbed this morning after a battle with pancreatic
cancer.‘Community icon’ Melvin Simon dies
Melvin Simon, a tailor’s son who earned billions building shopping malls across the U.S. and later became a prolific
philanthropist in his adopted hometown of Indianapolis, has died. He was 82.