IndyCar Series unveils four commercial deals
Agreements with Firestone, Discover, Lids and Fuzzy’s Ultra Premium Vodka are indicators the open-wheel race series is gaining speed, sports marketers said.
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Articles
Super Bowl puts city on short list for auto dealers convention
After winning national praise as the host of Super Bowl XLVI, Indianapolis has a shot at four major conventions planned for next year and beyond.
Ex-workers balk at SynCare bankruptcy
Disease management company’s demise in August pushed its CEO Stephanie DeKemper into personal bankruptcy in late December and the company itself will file its own bankruptcy case as early as this week.
First Merchants shuns management from failed SCB Bank
Muncie-based First Merchants Bank, which on Friday acquired significant loans and deposits held by SCB Bank in Shelbyville, declined to bring the failed bank’s CEO into the new ownership.
WellPoint fires exec after Medicare woes
WellPoint Inc. finally canned the head of its consumer business after a string of disappointing results, and the move hasn’t further spooked the company’s jittery investors. Although that’s not saying much.
Leasing/leasing contracts
-Phoenix of Texas LLC leased 66,000 square feet of industrial space at Sugarland Business Park, 12630 West Airport Blvd. The tenant was represented by Rick Suja of Colliers International. The landlord, Cobalt Industrial REIT, was represented by Cobalt’s Gray Bouchillon.
-Respiratory Partners Inc. renewed its lease and expanded to 7,200 square feet at 2461 Directors Row in Park Fletcher Business Center. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services. The tenant represented itself.
-Language Training Center renewed its lease for 5,932 square feet at 5750 Castle Creek Parkway. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, Friedman Real Estate Group Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-McAlister’s Deli leased 5,454 square feet at Cool Creek Commons, 2550 E. 146th St., Carmel. The tenant was represented by Bill Talbott of The Talbott Group. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Best Buy Co. Inc. renewed its lease for 4,700 square feet of office space at Intech 11, 6625 Network Way. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Network Way Properties LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.-Watermark leased 4,410 square feet at 5875 Castle Creek Parkway. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate. The landlord, Friedman Real Estate Group Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Radiology Associates of Indianapolis leased 3,402 square feet at Indiana American 2, 533 E. County Line Road. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, Legan Property Management Inc., was represented by Tim Norton and Jeff Merritt of Summit Realty Group.
-Designer Floors of Indiana leased 3,200 square feet at Avon Station, 8100 E. US 36, Avon. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-Physiotherapy Associates Inc. renewed its lease for 3,054 square feet at Indiana American 4, 549 E. County Line Road. The landlord, Legan Property Management Inc. was represented by Tim Norton and Jeff Merritt of Summit Realty Group. The tenant represented itself.
-Starmaker Studio for Performing Arts leased 2,100 square feet of retail space at Decatur Depot, 5021 S. Kentucky Ave. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
-American General leased 2,081 square feet of office space at 8604 Allisonville Road. The tenant was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The landlord, Citimark Management Co. Inc. was represented by Citimark’s Brian Fitzgerald.
-Evita Salon & Spa leased 1,956 square feet at Hamilton Crossing Centre, 12201 N. Meridian St. The landlord, KRG Hamilton Crossing LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.
-Phoenix Personnel leased 1,600 square feet of retail space at Eagle Creek Shoppes, 4930 Lafayette Road. The tenant was represented by Joe Tarpey of Colliers International. The landlord, Eagle Creek Shoppes Property Trust, was represented by Greg Smith of Colliers International.
-Marco’s Pizza leased 1,400 square feet at Green Street Square, 1521 N Green St., Brownsburg. The tenant was represented by Andrew Clifford of Clifford Realty. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate.
-Sports Clips leased 1,293 square feet at Hamilton Crossing Centre, 12201 N. Meridian St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, KRG Hamilton Crossing LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Shani’s Beauty & Eyebrow Arch leased 1,200 square feet of retail space at Eagle Creek Shoppes, 4930 Lafayette Road. The landlord, Eagle Creek Shoppes Property Trust, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
Feds take over SCB Bank in Shelbyville
Muncie-based First Merchants Bank will assume the deposits and some of the loans of SCB, the third Hoosier bank to fail since the banking crisis began three years ago.
Marketer applies engineering skills to lead creative firm
Kathy Cabello left a lucrative IT career to start Cabello Associates Inc., a marketing consultancy celebrating its 10th anniversary this year.
Extra money key to Mind Trust plan to transform IPS
The Mind Trust plan for transforming Indianapolis Public Schools calls for turning the district into a network of charter-like schools and giving them 15 percent to 25 percent more dollars to spend than Indianapolis charter schools currently enjoy.
HETRICK: Biggest Super Bowl perk was a dose of civic pride
As one commentator said, Indianapolis “crushed it.”
BioCrossroads has stoked state’s life sciences industry, but challenges remain
In the 10 years BioCrossroads has been promoting life sciences in Indiana, the effort has netted more than 330 new companies, an infusion of more than $330 million in venture capital, a tripling of exports, and a growing number of mentions in national reports on life sciences.
LOU’S VIEWS: Downtown isn’t just for Super Bowl week
Dear Suburban Folks Who Rarely Come Downtown But Did for Super Bowl Activities …
Disappointing quarter puts WellPoint brass on hot seat
Analysts say the company has struggled to generate the consistent earnings that rivals have, in part because of mispricing of its Medicare Advantage senior coverage.
Telecommunications companies push bill to defend turf from state network
The new law would prevent the I-Light data network from straying beyond its stated mission of serving the state’s colleges and universities.
LEADING QUESTIONS: Debriefing with Super Bowl chief
Host Committee CEO Allison Melangton opens up about the last three years. Why is she called "The Binder Whisperer"? How did she react to pushback against "super scarves"? When did she need to get tough with the NFL?Also this week
IU Opera presents a new production of “Albert Herring” in the Buskirk-Chumley Theatre, Feb. 9-11. Details here.
Broadway star Sutton Foster co-directs Ball State Theatre's production of "The Drowsy Chaperone" Feb. 9-18. Details here.
Tenor Steven Stolen has his Cabaret at the Columbia Club debut with an “Isn’t It Romantic?” Valentine’s Day program Feb. 14. Details here.
Another “Nunsense” spin-off, “Sister Robert Anne’s Cabaret Class,” takes the stage at Theatre on the Square Feb. 10-March 10. Details here.
American Spiritual Ensemble celebrates a uniquely American art form Feb. 9 at the Warren Performing Arts Center. Details here.
Oboist Leanna Booze joins the Indianapolis Chamber Orchestra for a Feb. 11 concert of Strauss, Bach and Mozart. Details here.
Brenda Williams performs a free concert at the Artsgarden, Feb. 14. Detail here.
The University of Indianapolis Department of Music stages “A Little Night Music” Feb. 10-11. Details here.
What’s New: Snappening.com
This week, meet Crystal Grave, who left a corporate marketing career to start event-planning resource Snappening.com.
Trustee seeks $1B from Fair Finance’s lenders
Fair Finance Co.’s bankruptcy trustee finally has found some deep pockets to go after in his quest to recover money for the small-time Ohio investors who lost more than $200 million when the Tim Durham-led company failed two years ago.
Police cite 218 during Super week
Excise police announced Monday that they issued 218 citations in downtown Indianapolis during Super Bowl week. Police said they had relatively few problems with those attending events at the Super Bowl Village, Lucas Oil Stadium and the Indiana Convention Center, considering an estimated 1.1 million people visited the area during the week. Plainclothes officers focused their attention on underage drinking. More than half of the citations, 135, involved illegal possession or consumption of alcohol.