Adesa parent turns profit on lower revenue
Carmel-based KAR Auction Services Inc. on Monday said the company turned a profit in the third quarter, although revenue decreased
slightly.
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Leasing/leasing contracts
-Indy Exhaust Products leased 24,000 square feet at 3223 N. Shadeland Ave. Jake Sturman of Jones Lang LaSalle
represented the tenant. The landlord, Prologis Realty Trust, represented itself.-Phoenix Data Corp. leased 10,000
square feet of office space at 9045 E. 59th St. Drew Augustin of NAI Olympia Partners represented the tenant.
The landlord, Morris & Associates/Mordevelopment LLC, was represented by Matt Langfeldt and Rich
Forslund of NAI Olympia Partners.-Indiana Sports Corp. leased 8,548 square feet of office space at Pan
American Plaza, 201 S. Capitol Ave. Rich Forslund and Gus Miller of NAI Olympia Partners
represented the tenant. The landlord, Coastal Partners, represented itself.-Residential Warranty Services
Inc. leased 8,000 square feet at 698 Pro Med Lane, Carmel. Ryan Conrad and Eric Kemp of
Resource Commercial Real Estate represented the tenant and the landlord, Bosa Realty.-Taki leased 5,126 square
feet at Rivers Edge, 4040 E. 82nd St. Scot Courtney and Bart Jackson of Grubb & Ellis
Harding Dahm & Co. represented the tenant. Andrew Hasbrook of Kite Realty represented the landlord, KRG
Rivers Edge LLC.-Jimmy John’s leased 1,400 feet at Glendale Town Center, 6151 N. Keystone Ave. The tenant
was represented by Drew Warner of Eclipse Real Estate. The landlord, Kite Realty Group, was represented by
Andrew Hasbrook and Jeff Wright of Kite.-William K. Marshall DDS Inc. leased
1,839 square feet at 10 W. Market St. The tenant was represented by Mike Semler of Colliers Turley Martin
Tucker. The landlord, MT Acquisitions LLC, was represented by Darrin L. Boyd and Andrew D. Martin
of Colliers Turley Martin Tucker.-Optimal Wellness Chiropractic leased 3,066 square feet of office space at 4545
Northwestern Blvd., Zionsville. Scott Lindenberg of Echelon Realty Advisors represented the tenant. The landlord,
R.L. McHaffey & Sons LLC, was represented by Bryan Augustin of NAI Olympia Partners.-Maxim Healthcare Services Inc. leased 1,216 square feet of office space at Castle Creek III, 8720 N. Castle Creek Parkway.
John Crisp of Colliers Turley Martin Tucker represented the tenant. The landlord, Blue Real Estate, was represented
by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.-Beautopia Medical
Spa Inc. leased 3,314 square feet of medical office space in the Windermere Professional Building, 9623 Windermere Blvd.,
Fishers. Brooke Augustin of NAI Olympia Partners represented the tenant. The landlord, DCMB LLC, was represented
by Tom Cortese of Acorn Group.You-review-it Monday
For me, “Enter Love” at the Cabaret, Walter Knabe at the Evan Lurie Gallery, and more. And for you?
Indiana voters trending against schools in tax votes
Indiana voters seem willing to pay more in property taxes to help school districts cover operating costs. The results of last
week’s referendums, however, continue the trend against supporting plans for bigger, better schools during tough economic
times.Speaker-maker Klipsch making noise in earphone niche
Making money in earphones will require higher sales volumes, but Klipsch CEO Fred Klipsch thinks there are plenty more consumers
left for his company to tap.DINING: Frosting is tops at Holy Cow, Cupcakes!
At this Rangeline Road cupcakery, it’s the sweet stuff that counts.
More on Michael Feinstein’s plate
The artistic head of the Carmel Regional Performing Arts Center has added a Broadway show and a new NYC position to his already busy schedule.
Conseco reports $15.4 million profit in third quarter
The Carmel-based life insurer’s third-quarter results exceeded Wall Street analysts’ predictions.
Suburban counties building outer loop to avoid Indianapolis
Counties wanting to speed traffic among suburbs are building highways to avoid having to travel into Indianapolis. The result,
a 100-mile outer loop beyond Interstate 465, won’t be completed for years, and it won’t be built to consistent standards,
but it might help ease congestion.Rating prestigious ZIP codes
A top-selling real estate agent pegs 46032 in Carmel and 46240 in Indianapolis as tops.
Telecom supplier Telamon hopes to ‘ignite’ racing industry
Carmel-based Telamon Corp. rose to become one of the largest minority-owned businesses in the area largely by serving telecommunications giants. Now it is veering off its traditional course to supply racing teams with an ethanol-based fuel made from Indiana corn.
CICF lost more than its foundation peers in ’08
The $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year
in which it saw greater losses than many of its peers.Leasing/leasing contracts
-Equicor Real Estate Development and Investment hired Jones Lange LaSalle as leasing agent for Waterplace Park, a 113,000-square-foot, four-building complex at 8925 N. Meridian St., and for the 74,000-square-foot Fidelity Keystone Office Tower and Fidelity Keystone Office Park. John Robinson and Adam Broderick of Jones Lange LaSalle are brokers for the properties.
-Software Engineering Professionals leased 28,000 square feet in the James Building, which is under construction in Carmel City Center. The tenant was represented by Jenna Barnett of Halakar Real Estate. The owner of the building, REI Real Estate, was represented by John Robinson and Adam Broderick of Jones Lange LaSalle.
-Schiele Enterprises Inc. leased 21,000 square feet of industrial space at 2402 Shadeland Ave. The tenant was represented by Kevin B. Kempf of Colliers Turley Martin Tucker. The landlord, Shadeland Business Park LLC, represented itself.
-CornerStone Flooring leased 12,800 square feet of industrial space at 8068 Woodland Drive in Park 100. The tenant was represented by Kevin B. Kempf of Colliers Turley Martin Tucker. The landlord, Duke Realty, represented itself.
-Decatur Vein Clinic leased 2,250 square feet at 33 E. County Line Road, Greenwood. The tenant was represented by David Black of Grubb & Ellis Harding Dahm & Co. The landlord, County Line Commons LLC, was represented by Rebecca Baer of Summit Realty Group.
-Dr. Matthew Wittrig, DDS, leased 2,363 square feet at 33 E. County Line Road, Greenwood. The tenant was represented by Jim Marron of UGL Equis. The landlord, County Line Commons LLC, was represented by Rebecca Baer of Summit Realty Group.
-Triumvirate Enterprises leased 2,460 square feet at 5777 Park Plaza Court in Park Plaza Business Park. The tenant was represented by Kurt Meyer of Baseline Commercial. The owner, First Industrial Realty Trust, was represented by Mary Sullivan of First Industrial and Nikhil Gunale of CB Richard Ellis.
-Peter Municipal Consultants PC leased 1,250 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. John Vance of Keller Williams represented the tenant.
-Sweeties GT leased 2,523 square feet at Broad Ripple Station, 1081 Broad Ripple Ave. Ron Mannon of Grubb & Ellis Harding Dahm & Co. represented the tenant. The landlord, LOR Corp., was represented by Suzanne Gammon of LOR.
-LJ Stone Co. leased 806 square feet at Lake Plaza 6801 Lake Plaza Drive. Debbie Shumate of Grubb & Ellis Harding Dahm & Co. represented the landlord, Lake Plaza LLC and LeBarron Investments. The tenant was represented by Brian Dell of Summit Realty Group.
Vengeance may be root of attack of lawmaker
Associates of a central Indiana legislator beaten over the weekend say a 1980s legal dispute might have triggered the attack.
Democratic Rep. Ed DeLaney of Indianapolis was taken to a hospital for treatment of facial fractures and a broken rib after
the attack Saturday in Carmel. Police officers arrested 38-year-old Augustus J. Mendenhall on attempted murder charges. Marion
County Democratic Chairman Ed Treacy says it appears Mendenhall was seeking revenge against DeLaney, an attorney who had worked
on litigation involving an adult bookstore owned by Mendenhallâ??s father.Rep. DeLaney recovering after surprise attack
DeLaney, a Democrat from Indianapolis, was treated at Methodist Hospital for two broken bones in his face, as well as cuts
and bruises, following the Saturday morning attack.Study recommends upgrades for public transportation in counties surrounding Indianapolis
IndyGo, for all its faults, is the Cadillac of transit systems in the Indianapolis region. Service breaks at county lines
and the absence of passenger shelters are among the deficiencies facing transit systems in surrounding counties.Pace of life sciences venture capital deals in Indiana picks up
After no Indiana health and life sciences firms announced venture capital deals in the second quarter, five did so in the
third, and two more have already this month.HENDERSON: Airport terminal, one long year later
As an all-too-frequent flier, I’ve had a chance to get the full-love experience of the new airport terminal numerous
times in its first year. The summary is that it’s both tolerable, and I have no choice.