Who’s Who in Construction, Design and Engineering – 2011
This month, we recognize the power players who built this city, from the new airport to Lucas Oil Stadium to the Palladium.
This month, we recognize the power players who built this city, from the new airport to Lucas Oil Stadium to the Palladium.
-The Indiana Department of Revenue renewed its lease for 50,200 square feet of industrial space at 5252 Decatur Blvd. The landlord, ProLogis, was represented by Luke Wessel of Cassidy Turley. The tenant represented itself.
-Davis Wholesale Supply Co. renewed its lease for 25,600 square feet of industrial space at 5845 W. 82nd St. in Park 100. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, ProLogis, was represented by Andrea Hopper of ProLogis.
-D’Amore, a division of Thomas Caterers of Distinction, subleased 15,231 square feet on the 48th floor of Chase Tower, 1 E. Ohio St. The tenant was represented by Debbie Shumate of Alliance Commercial Real Estate. The landlord, JP Morgan Chase, was represented by Nick Arterburn of CB Richard Ellis.
-Sigma-Tau Pharmasource Inc. leased 13,750 square feet at 6815 Guion Road. The tenant and landlord, TCA 6815, were represented by J.D. Graves of CB Richard Ellis.
-The Indiana Private Industry Council leased 12,335 square feet at Parkstone III, 9002 Purdue Road. The tenant was represented by Tim O’Brien and David Ponader of Colliers International. The landlord, Parkstone Office Center LLC, was represented by Nick Svarczkopf and Dan Richardson of CB Richard Ellis.
-Product Development Corp. subleased 12,000 square feet at 5201 Park Emerson Drive, Suite N. The subtenant and sublandord, Wheel Pros LLC, were represented by J.D. Graves of CB Richard Ellis.
-EMP Technology LLC leased 8,120 square feet at 15309 Stony Creek Way, Noblesville. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Gulf Shores LLC, was represented by Chris Black of CB Richard Ellis.
-ZHU LAN sushi and prime rib buffet leased a freestanding 7,062-square-foot building at Merchants Point, 2293 E. 116th St., Carmel. The tenant was represented by Jun Liu of Carpenter Real Estate. The landlord, Darden Restaurants, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
-Happy Hour Foot Spa leased 1,665 square feet at Willow Lake Shopping Center, 2658 Lake Circle Drive. The landlord, USRP Willow East LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Jet’s Pizza leased 1,651 square feet at Willow Lake Shopping Center, 2658 Lake Circle Drive. The tenant was represented by Kurt Meyer of Baseline Commercial Real Estate. The landlord, USRP Willow East LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Rice Cooker leased 1,640 square feet at Willow Lake Shopping Center, 2658 Lake Circle Drive. The landlord, USRP Willow East LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
A massive fire on the west side of Indianapolis early Wednesday morning caused heavy damage to a Carpenter Realty office building. The cause of the blaze, which broke out in the 600 block of High School Road about 2 a.m., is still being determined. One firefighter suffered a minor injury and was taken to Methodist Hospital. About 40 people work at the location.
Pending sales are shooting up this month, and list prices are edging up over the long haul, a broker notes.
IBJ has compiled its All-Star Agents lists annually since 1997. Agents are ranked by their sales volume over a two-year
period.
Locally, the long-running FLIP program, or Fund for Landmark Indianapolis Properties, has seen a marked downturn in the
resale of historic buildings.
-UMOJA Christian Congregation leased 22,341 square feet at Lafayette Place, 3651 Commercial Drive. The landlord, Sandor Development, was represented by Sandor’s Jamison Downs. The tenant was represented by Dorether Wallace of Dorether Wallace Realty.
-King’s Beauty leased 8,820 square feet at Esquire Plaza, 8205 Pendleton Pike. The landlord, Sandor Development, was represented by Sandor’s Jamison Downs. The tenant was represented by Christian Rhee of Carpenter Realty.
-Buffalo Wild Wings extended its 6,400-square foot lease at 2683 E. Main St., Suite 117, Plainfield, for an additional 10 years. The landlord, Plainfield Commons II LLC, was represented by Providence Development. The tenant represented itself.
-Anytime Fitness leased 4,922 square feet at Avalon Crossing, 71st Street and Binford Boulevard. The tenant was represented by Matt Crawford of Scott Veerkamp Real Estate. The landlord, Landmark Properties Inc., represented itself.
-Meridian North DentalCare LLC leased 3,502 square feet at 61 E. 96th St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Landmark Properties Inc., represented itself.
-Chile Verde leased 3,520 square feet at Esquire Plaza, 8205 Pendleton Pike. The tenant was represented by Ray Lepe of Carpenter Realtors. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor.
-Big Apple Bagels leased 2,100 square feet at Green Street Square, 1551 N Green St., Brownsburg. The tenant was represented by Jodi Milto of NAI Olympia Partners. The landlord, Cranfill Enterprises LLC, was represented by Michael Cranfill of Sitehawk Retail Real Estate.
-Allergy Associates of Indiana leased 2,100 square feet at Regency Centre, 8202 Clearvista Parkway. The landlord, Regency Centre Investments LLC, was represented by Joe Lonnemann and Matt Jackson of Halakar Real Estate. The tenant represented itself.
-Donatos Pizza leased 2,000 square feet at 2205 Conner St., Noblesville. The tenant and landlord, SEG Realty LLC, were represented by Jeff Hubley of Midland Atlantic.
-Ciao Bella Salon leased 1,547 square feet at 141st Street and State Road 37, Fishers. The landlord, The Broadbent Co., was represented by Drew Kelly of Broadbent. The tenant represented itself.
-Cell Phone Joint leased 1,600 square feet at Lafayette Shoppes, West 38th Street and Georgetown Road. The landlord, The Broadbent Co., was represented by Drew Kelly of Broadbent. The tenant represented itself.
-Bombay Bites leased 1,600 square feet at Castleton Village, 6621-6697 E. 82nd St. The landlord, The Broadbent Co., was represented by Drew Kelly of Broadbent. The tenant represented itself.
Specialized bar codes will be on Carpenter materials ranging from print advertisements to yard signs.
Soon, you’ll be able to point your smart phone at a code in an advertisement or yard sign, and take a virtual tour of
a house.
A major downturn in commercial real estate was inevitable, but the depths have surprised even seasoned industry veterans.
Short sales and foreclosures in this 2,200-unit development began cropping up several years ago and continue today.
After more than four years on the market, the Carmel estate built for Conseco Inc. founder Stephen Hilbert is listed at
$9.9 million—less than half of the original asking price and a third of the $30
million it was estimated to be worth in 2001.
Four properties for sale along a two-block stretch of East Market Street downtown are likely to offer the first signs of what’s
in store for an area real estate brokers think will get a boost from the recent removal of the Market Street interstate ramp.
Indianapolis businessman Tim Durham has treated Ohio-based Fair Finance Co. almost like a personal bank since buying it seven
years ago, and now he, his partners and related firms owe it more than $168 million, records show.
Startup real estate firm specializes in marketing, digital floor plans and site plans.