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    Kurt Beier

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Articles

More on Michael Feinstein’s plate

November 5, 2009

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.

DINING: Frosting is tops at Holy Cow, Cupcakes!

November 5, 2009

At this Rangeline Road cupcakery, it’s the sweet stuff that counts.

Records

November 5, 2009

Public records listing from the Nov. 9, 2009, edition of IBJ.

Speaker-maker Klipsch making noise in earphone niche

November 5, 2009

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.

Indiana voters trending against schools in tax votes

November 7, 2009

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.

You-review-it Monday

November 9, 2009

For me, “Enter Love” at the Cabaret, Walter Knabe at the Evan Lurie Gallery, and more. And for you?

Leasing/leasing contracts

November 10, 2009

-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.

Adesa parent turns profit on lower revenue

November 10, 2009

Carmel-based KAR Auction Services Inc. on Monday said the company turned a profit in the third quarter, although revenue decreased
slightly.

Company news

November 10, 2009

A panel of medical advisers recommended against wider use of Zimmer Holdings Inc.’s spine stabilization
device, according to Reuters. In a 5-1 vote, the U.S. Food and Drug Administration’s advisory panel said the data for Zimmer’s
Dynesys Spinal System were unclear and left them with questions about the device’s durability and propensity to break.
Warsaw-based Zimmer already markets the device, which is a series of screws and flexible spacers that help align and support
the spine, for patients who have received fusion surgery. The company is seeking
FDA approval to market Dynesys for stand-alone use. FDA officials will weigh the
panel’s recommendation before making their final approval decision.

New Jersey-based Enzon
Pharmaceuticals Inc.
has agreed to sell its specialty pharmaceutical business, along with its
Indianapolis manufacturing facility, to Italy-based Sigma-tau Group. As of January 2008, Enzon’s
facility in Indianapolis employed about 150 workers. It made four medicines, which treated certain kinds of leukemia, meningitis,
fungal infections and the immunodeficiency malady known as “bubble boy disease.” Sigma-tau
paid $300 million for the business, as well as royalties and other payments contingent upon future sales
and development achievements.

Arcadia Resources Inc. sold nearly 16 million
shares of stock in a registered direct offering that raised $11.1 million. Arcadia Chief Financial Officer
Matt Mittendorf said the Indianapolis-based company would use the cash to fund the rollout of its DailyMed pharmacy service
to customers of Indianapolis-based health insurer WellPoint Inc. in Virginia and soon
in California. The company needed more cash, as its reserves had dwindled to $517,000 at the end of the
second quarter, down from $2.4 million a year earlier.

California-based Beckman Coulter
Inc.
, which makes biomedical testing instrument systems, said it is relocating its precision
plastics injection molding operation to Park 100. The move will add about 100 jobs to the 400 people the company already employs
in Indianapolis. The jobs will pay $22.30 an hour, on average. In 2007, Beckman Coulter closed its 220-employee centrifuge
development and manufacturing facility in Palo Alto, Calif., and moved operations to the Indianapolis area.

For
the 14th straight year, St. Vincent Indianapolis Hospital won a Consumer Choice award from the National Research
Corp. The award identifies hospitals that health care consumers have chosen as having the highest quality and image in more
than 300 U.S. markets. No other Indianapolis hospitals won the award this year.

As pharmaceutical
giants re-evaluate their pipelines and seek to sell off products that no longer fit their strategies, it gives opportunities
for pharmaceutical startups. Such divestiture of pharmaceutical products will be discussed Tuesday at the Life Sciences Lunch
at the Barnes & Thornburg LLP law firm in downtown Indianapolis. The lunch will include three speakers:
Reed Tarwater, director of pharmaceutical consulting services at  Carmel-based Anson Group LLC; Ron
Ellis, CEO of Endocyte Inc. in West Lafayette; and Eli Lilly and Co.‘s Pete Robins. The
lunch costs $10 per person and begins at 11:30 a.m.

Former President George H.W. Bush will come to Indianapolis
Nov. 19 to speak at a $250-per-person fund raiser for Alzheimer’s research. Proceeds from the event will benefit the Indiana
Alzheimer Disease Center at the Indiana University School of Medicine and the Indiana Chapter of the
Alzheimer’s Association
. Money will also go to the Deane F. Johnson Center Foundation at the University of
California at Los Angeles, a clinical trial center that supports the research of such companies as Indianapolis-based
Eli Lilly and Co. Bush’s speech, which will occur at the Indiana Roof Ballroom, is sponsored
locally by Fishers-based Ambassador Healthcare and the Central Indiana Community
Foundation
. Ticket information can be found here.
 

City program benefits veteran-owned businesses

November 11, 2009

The city’s Veteran Business Enterprise program aims to increase the representation of veteran-owned businesses on city projects—an
effort that has generated $217,000 in contracts for such firms so far.

Duke Realty land auction nets $1M; pricier properties go unsold

November 11, 2009

Locally based Duke Realty Corp. netted more than $1 million during a Tuesday auction of surplus development parcels in Indianapolis,
Fishers, Plainfield and Lebanon.

MILLER: Travelers still want experiences despite proliferating technology

November 11, 2009

Consumers are using technology to look for the greatest value, not necessarily the lowest price.

ICVA: Ad campaign helps draw more visitors to region

November 12, 2009

A summer advertising campaign launched by the Indianapolis Convention & Visitors Association helped produce more visitors
and dollars for central Indiana, even though the organization spent less this year marketing the region.

LOU’S VIEWS: Lurie-ing arts audiences to downtown Carmel

November 12, 2009

This week, thoughts on exhibitions at Evan Lurie Gallery in Carmel and a new revue at the Cabaret at the Connoisseur Room.

DINING: Warm, inviting Italian dining with a Tyler that binds

November 12, 2009

I’ve driven by countless strip-mall eateries without giving them a second glance, but there always has been something
about Carmel’s Mangia! that has drawn my attention. Maybe it’s the exclamation
point.

Records

November 12, 2009

Public records listing from the Nov. 16, 2009, edition of IBJ.

Carmel electric marketer planning expansion

November 16, 2009

Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.

AuthorHouse parent hooks up with publisher Harlequin

November 17, 2009

Bloomington-based Author Solutions Inc. announced Tuesday that it has entered into a self-publishing partnership with Toronto-based
Harlequin Enterprises Limited, a prolific publisher of romance novels.

Locals expect few bright spots in 2010

November 17, 2009

Senior real estate executives remain pessimistic about the prospects for the Indiana market in 2010, although they see signs
of improvement in the investment and residential sectors. That’s according to a survey of leaders of the local real
estate community that the Urban Land Institute plans to unveil Thursday.

Civic Theatre confirms plans to relocate to Carmel

November 18, 2009

Indianapolis Civic Theatre will move from the campus of Marian University to the Regional Performing Arts Center under construction
in Carmel. The theater and Carmel Redevelopment Commission released a joint statement Tuesday announcing a long-term deal
that calls for the Civic to pay $10 million to be the center’s primary occupant.

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