A former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice, according to one legal expert.
Two new restaurants are in the works for a prime stretch of 82nd Street between Fashion Mall at Keystone and Castleton Square Mall: MacKenzie River Pizza Company and a new location for downtown favorite Harry & Izzy’s.
The Dolly Parton-scored adaptation of the 1980 movie hit visits Clowes Hall.
The company last month broke ground on an 8,000-square-foot medical building near 86th Street and Allisonville Road. The project is the first of three buildings it plans to develop as part of Gardens at Castle Creek.
Host committee chairman Mark Miles said he believes the city would get another Super Bowl even if an NFL labor stoppage canceled the game.
Students now can use scholarships to pay Western Governors University tuition.
In the next 10 to 20 years, it will be impossible to tout our region as a world-class center of innovation and entrepreneurship without meaningfully addressing transit.
-Kort Builders has started construction of a 2,000-square-foot office for Decatur Vein Clinic at 105 South Raceway Road, Suite 135.
-Kort Builders has completed a 2,000-square-foot retail space for Younique Botique at 9254 U.S. 36, Avon.
-Kort Builders has completed a 3,000-square-foot restaurant space for Ale Emporium at 8617 Allisonville Road.
-Harris and Ford leased 45,000 square feet of industrial space at 6635 E. 30th St. The tenant was represented by Jake Sturman of Jones Lang LaSalle. The landlord, Indianapolis NI Industrial No. One LLC Inc., was represented by Luke Wessel and Kevin Kempf of Cassidy Turley.
-Wells Fargo leased 14,115 square feet at 300 N. Meridian St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, University Park Associates LLC., was represented by Mike Napariu of REI Real Estate Services.
-Aurora Bank FSB leased 10,777 square feet of office space at 5920 Castleway West Drive. The tenant was represented by Dan O’Neil of Jones Lang LaSalle. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-E-GINEERING LLC leased 8,900 square feet in Lake Pointe Center 5, 8415 Allison Pointe Blvd. The tenant was represented by Jenna Barnett of Halakar Real Estate. The landlord, Edgeworth Laskey Properties LLC, represented itself.
-Black & Co. Inc. leased 8,000 square feet at 1936 S. Lynhurst Ave. The tenant was represented by Dustin Looper of Colliers International. The landlord, ProLogis, was represented by Chris Black of CB Richard Ellis.
-Liberty Mutual Insurance Co. leased 6,322 square feet of office space at 550 Congressional Blvd. The tenant was represented by Mark Stables of Grubb & Ellis. The landlord, 550 Congressional Boulevard LLC, was represented by David A. Moore, Darrin L. Boyd and Mary Beth Kohart of Cassidy Turley.
-Compendium leased 4,561 square feet of office space at Circle Tower, 55 Monument Circle. The tenant was represented by Mary Beth Kohart of Cassidy Turley. The landlord, Winthrop Management, L.P., was represented by Bennett Williams and Pete Anderson of Cassidy Turley.
-Alt Construction LLC leased 1,800 square feet of office space at 8847 Commerce Park Place. The tenant was represented by Kyle Powell of Cassidy Turley. The landlord, Dhillon Commerce Park LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-All-Pro Electric leased 1,500 square feet of industrial space in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-ATA Coatings leased 1,500 square feet at 23rd Street Industrial, 2251 N. Dequincy St., Suite D. The landlord, Garfield LLC, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.
-Boost Mobile leased 1,200 square feet at Linwood Square, 4317 E. 10th St. The landlord, Kimco Co. of Indiana, was represented by Larry Davis, Tom English and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.
The ongoing rehab of Interstate 465 will continue to be the biggest highway project in the metro area in 2011, but the rebuilding of an 11-mile segment on the west side could be all but finished by the end of the year—just when other significant highway projects will get under way in the metro area.
The recovering, yet-still-weak economy puts charity retailer Goodwill in a sweet position. Consumer spending is up, so more old stuff makes its way to thrift stores. At the same time, high unemployment means the bargain hunters are still out in force.
An armed man matching the description of a serial robber has hit a Fishers gas station yet again. Fishers Police were called to the Circle K at 96th Street and Allisonville Road around 4:30 a.m. Thursday on a report of an armed robbery. The clerk told police a masked man dressed head to toe in black showed a gun and demanded money. The robber got away with an unknown amount of cash and fled on foot. He was last seen running toward the Cedar Cove Apartments. Officers from four other departments helped set up a perimeter in the area, but only found the suspect's mask.
-The Marion County Election Board leased 40,750 square feet of retail space at 3737 E. Washington St. The tenant was represented by Wendy Michaels of Venture Real Estate Services. The landlord, Icahn Enterprise Holdings LP, was represented by Bob Lindgren and Rick Jones of Lee & Associates.
-All Tune and Lube Center leased 5,400 square feet at 7920 W. 10th St. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Jim Crews, was represented by John Fox of Prime Site Brokers.
-Kindred Nursing Centers renewed its lease for 4,740 square feet of space at Woodland I, 8275 Allison Pointe Trail. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.
-LaSalle Street Securities extended and expanded its lease to 2,953 square feet at Woodland I, 8275 Allison Pointe Trail. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.
-Liberty Tax leased 2,500 square feet at 5329 N. Keystone Ave. The landlord, Brooks Investment Co., was represented by Jeff Hubley of Midland Atlantic. The tenant represented itself.
-Katie’s Professional Dog Grooming leased 2,400 square feet at 234 E. Main St., Plainfield. The landlord, BAO Enterprise, was represented by Jodi Milto of Midland Atlantic. The tenant represented itself.
-All Tune and Lube Center leased 2,000 square feet at 6340 Rockville Road. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Shiloh Holdings LLC, represented itself.
-Titan Restaurant Group LLC, doing business as Donato’s Pizzeria, leased 2,000 square feet at Page Pointe, 435 Virginia Ave. The tenant was represented by Jeff Hubley of Midland Atlantic. The landlord, Page Pointe Development LLC, was represented by Rob Odendahl of Page Development.
-PHI Air Medical Inc. leased 1,936 square feet of office space at 3500 Depauw Blvd. The tenant was represented by Tim Craft of CB Richard Ellis. The landlord, CP Pyramids Associates LP, was represented by David A. Moore, Darrin L. Boyd, and Bennett M. Williams of Cassidy Turley.
-D&M Continuous Solutions LLC leased 1,800 square feet of office space in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-P&R Construction leased 1,800 square feet of industrial space in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-Li’s Garden leased 1,400 square feet at Wildcat Shops, 5650 S. Franklin Road. The tenant was represented by Karen Yan of Best Value Realty LLC. The landlord, MAP Franklin Road LLC, was represented by Jeff Hubley of Midland Atlantic.
The service, funded for the last three years by a federal grant that expires on Dec. 31, 2010, was set to end on that date unless new arrangements could be made.
Rolls-Royce Corp. landed more than $100 million in new business this week, winning two contracts to provide support for aircraft engines it makes in Indianapolis for the U.S. Army and Navy.
Fishers-based Stonegate Mortgage Corp. plans to spend about $3 million to expand operations, creating up to 300 jobs by 2015.
Stonegate Mortgage Corp. plans to move next spring from its current location near 106th Street and Allisonville Road to a 29,000-square-foot office near 106th Street and State Road 37.
SNA Commercial Properties LLC bought a 14,904-square-foot church building at 11965 Allisonville Road. The price wasn’t disclosed. The buyer was represented by Darrin L. Boyd of Cassidy Turley. The seller, Lutheran Church Extension Fund, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Orchard Software leased 40,694 square feet at 701 Congressional Blvd., Carmel. The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.
-DuCharme McMillen and Associates extended and expanded its lease to 17,499 square feet at Lake Point II, 8440 Allison Pointe Blvd. The tenant was represented by Steve Beals of Lee & Associates Commercial Real Estate Services. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Signworks Inc. leased 10,800 square feet of industrial space at 5343-5351 W. 86th St. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Indy Flex Investors, was represented by Bryan Poynter and Kyle Powell of Cassidy Turley.
-Quadel Consulting Corp. leased 9,297 square feet of office space in Market Tower, 10 W. Market St. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-Church of Iron leased 7,650 square feet of industrial space at 5120 E. 64th St. The tenant was represented by Kevin Kempf and Patrick Lindley of Cassidy Turley. The landlord, Orthopros LLC, was represented by Stan Elser of Lee & Associates.
-That’s Good HR Inc. leased 6,403 square feet of office space at 8440 Woodfield Crossing Blvd. The tenant was represented by Graham Summers and Adam Broderick of Jones Lang LaSalle. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Pete And D's Corp. leased a 5,642-square-foot former Denny's restaurant at 4902 S. East St. The tenant was represented by David Simons of Velocity Commercial Real Estate. The landlord, National Retail Properties, represented itself.
-West Racing Team leased 5,063 square feet of industrial space in Crosspoint II, 9900 Westpoint Drive. The tenant was represented by Conrad Jacobs of Halakar Real Estate. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-Hair Club for Men extended and expanded its lease to 4,865 square feet at Woodland I, 8275 Allison Pointe Trail. The tenant was represented by John Crisp of Cassidy Turley. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Dyslexia Institute of Indiana Inc. leased 3,345 square feet of office space at 8395 Keystone Crossing. The tenant was represented by Timothy O’Brien of Colliers International. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-New Balance Shoe Store leased 3,147 square feet of retail space at West Carmel Marketplace, 9893 N. Michigan Road. The tenant, Brad Stout, was represented by Tom Megenhardt. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.
-Decatur Vein Clinic leased 2,000 square feet of retail space at 105 S. Raceway Road. The tenant was represented by Richard King III of Hokanson Cos. The landlord, Ossip Real Estate, was represented by Jacque Haynes of Cassidy Turley.
-Crosspoint Communications leased 1,747 square feet of industrial space at 9855 Crosspoint Blvd. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Enterprise Roofing Contractors of Indiana Inc. renewed its lease of 650 square feet in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
Stephen Lowe, a former Allison Transmission managing director based in Shanghai, claims the company booted him from a top post in China because he raised concerns about bribery.
