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Articles
Law firm moving to Carmel City Center
Indianapolis-based Drewry Simmons Vornehm LLP announced Friday it will move 39 employees from Keystone Crossing to a new Carmel headquarters as part of a growth plan that could include a downtown Indianapolis location.
Leasing/leasing contracts
-King’s Beauty leased 21,539 square feet at the North Eastwood Shopping Center at 38th and Post Road. The tenant was represented by Chuck Devan of Century 21 Rasmussen. The landlord, Nassimi Realty, was represented by Andrew Levian of Nassimi Realty.
-Hammond Kennedy Whitney & Co. Inc. leased 8,336 square feet at 8888 Keystone Crossing. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Aaron Rents leased 4,804 square feet at Noble Creek Shoppes, 451 Noble Creek Drive, Noblesville. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Douglas Realty Group Noblesville LLC, represented itself.
-Teddy’s Burger Joint leased 4,408 square feet of retail space at Southport Shoppes, 2222 W. Southport Road. The tenant was represented by Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co. The landlord, Changes in Latitude LLC, was represented by Bart Jackson of Grubb & Ellis Harding Dahm & Co.
-Country Choice Inc. leased 3,600 square feet in Park Plaza Business Park, 5721 Park Plaza Court. The landlord, First Industrial Realty Trust, was represented by John Hanley and Nikhil Gunale of CB Richard Ellis. The tenant represented itself.
-US Trades LLC leased 2,662 square feet of office space at 10735 Sky Prairie St., Fishers. The landlord, BBQ I LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.
-Allos Venture Management Co. Ltd. leased 2,573 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Kelli Dugan and Todd Maurer of Halakar Real Estate. The landlord, Zeller Management, was represented by Tristan Glover of Zeller Management.
-Symbiont Science Engineering and Construction leased 2,358 square feet at Precedent Office Park. The tenant was represented by Andrew Follman of Meridian Real Estate LLC. The landlord, HDG Mansur, was represented by Tim Hull and Rick Trimpe of CB Richard Ellis.
-Indy Spinal Care and Dr. Shawn Benzinger leased 1,991 square feet at 7207 Shadeland Ave. The tenant was represented by Matthew Tobe of Halakar Real Estate. The landlord, Princell Professional Properties, was represented by Ralph Balber and Ashley Bussell of Halakar.
-Buhok Salon leased 1,946 square feet at Rockville Station, 9269 U.S. 36, Avon. The landlord, Rockville Station LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Firehouse Subs leased 1,892 square feet at Stony Creek Marketplace, 17053 Mercantile Blvd., Noblesville. The tenant was represented by Keith Stark of Situs Realty Corp. The landlord, Inland Southeast Stony Creek LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-ZIL Enterprises LLC leased 1,300 square feet of retail space at Carmel Walk, 1315 S. Rangeline Road, Carmel. The tenant was represented by Nick Smyrnis of Grubb & Ellis Harding Dahm & Co. The landlord, the Fineberg Group LLC, was represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.
-Moroz Market leased 1,300 square feet of retail space at Carmel Walk, 1315 S. Rangeline Road, Carmel. The tenant was represented by Rob Christman and Alyona Tellez of Baldwin Brothers Real Estate Group. The landlord, the Fineberg Group LLC, was represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.
-A Healing Touch leased 1,200 square feet at Prairie Lakes II in Noblesville. The landlord, Prairie Lakes II LLC, was represented by Liz Yoho of Providence Development. The tenant represented itself.
Fishers becomes draw for seniors projects
One skilled-care facility is about to open and another will break ground this month.
Bank suing Estridge Cos. for securities fraud
Bank of Indiana files complaint against the home builder, alleging it failed to repay a $1 million investment due June 30. The complaint further accuses law firm Krieg DeVault LLP of malpractice and breach of fiduciary duty.
Building binge hasn’t crimped hospital profits
Indianapolis-area hospitals spent billions on construction in the past decade and increasingly tried to poach patients from one another’s territories. Yet last year—one of the worst economically in recent history—21 of 26 hospitals still were able to show operating profits.
IPL identifies locations for electric car charging stations
The utility plans an aggressive rollout of charging stations with the imminent arrival of electric cars, such as the Nissan Leaf, due in showrooms this December.
Warsaw bank jumps into Hamilton County fray
Lake City Bank dipped its toe in the Indianapolis market in 2006 with a loan-production office and now has bigger ambitions.
IU hits license jackpot; Purdue royalties surge
Indiana University had a license or two to print money from the commercialization of its technology over the last year—and did it ever. While Purdue University didn’t collect as much in royalties from commercialization, it pulled down record levels of research grants.
ChaCha may drop T-Mobile over planned fee
Wireless carrier plans to begin charging a new one-quarter of 1 cent fee on text messages. In response, ChaCha CEO Scott Jones says his company will drop the wireless carrier from its answer service.
Leases/leasing contracts
-Jones Lang LaSalle has been named leasing agent for Lake Pointe Center 5, a 150,000-square-foot office building in Allison Pointe office park. Adam Broderick of Jones Lang LaSalle has been named leasing agent for the two-year-old building, which has 90,000 square feet available. The building is owned by Edgeworth Laskey Properties LLC.
-Premium Supply Inc. leased 45,100 square feet in the North by Northeast Business Park, 9901 Kincaid Drive, Fishers. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Prologis, was represented by Chip Barnes and Matt Dickerson of NAI Olympia Partners.
-University Pediatric Associates Inc. leased 27,245 square feet at 11590 N. Meridian St., Carmel. The tenant was represented by Zane Brown of CB Richard Ellis. The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Investments.
-Southside Family Physicians leased 8,245 square feet in Emerson Office Parke Building 2, 965 Emerson Parkway, Greenwood. The tenant was represented by Travis Tucker of Duke Realty. The landlord, Emerson Office Parke Building Two LLC, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.
-County Line Pediatrics leased 8,000 square feet in Greenbrooke Medical Pavilion Building 2, 747 E. County Line Road, Greenwood. The tenant was represented by Travis Tucker of Duke Realty. The landlord, GWA Wheatcraft LLC, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.
-Stewart-Richardson & Associates leased 5,414 square feet in the Regions Bank Tower, One Indiana Square. The landlord, One Indiana Square Associates, was represented by Ralph Balber and Kelli Dugan of Halakar Real Estate. The tenant represented itself.
-Re/Max Select leased 3,000 square feet in Library Parke, 489 S. State Road 135, Greenwood. The tenant was represented by Keith Turnbill of Re/Max Select. The landlord, Greg Allen Property Management, was represented by Greg W. Allen and John Cunningham of Allen Commercial Group.
-Miebach Consulting Inc. leased 2,982 square feet in Market Square Center, 151 N. Delaware St. The tenant was represented by Matthew Tobe of Halakar Real Estate. The landlord, Hertz Indianapolis One LLC, was represented by Crystal Houston and Dan Richardson of CB Richard Ellis.
-Crown Liquors leased 2,760 square feet at Westside Center, 645 W 11th St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Westside Development Corp., was represented by John Schick of The Broadbent Co.
-Qdoba leased 2,275 square feet at Greenfield Corner Shops, 2037 N. State St., Greenfield. The tenant was represented by Larry Davis of Sitehawk Retail Real Estate. The landlord, MAP Greenfield LLC, was represented by Jeff Hubley of Midland Atlantic.
-Jimmy Johns leased 1,625 square feet at Speedway Shoppes, 5949 Crawfordsville Road. The tenant was represented by Drew Warner of Eclipse Real Estate. The landlord, Westside Development Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate.
-LBL's Salon leased 1,600 square feet at Plainfield Commons II, 2683 E. Main St., Plainfield. The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Plainfield Commons II LLC, was represented by Liz Yoho of Providence Development.
-Chun Lin leased 1,300 square feet of retail space at 9546 Allisonville Road. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
Schlage acquires Fusion door-hardware division
Schlage’s purchase of the Georgia-based company’s division gives it immediate access to the decorative door hardware and lock market, the company said.
Owner of Stutz studio opening gallery in Carmel
The opening is a homecoming of sorts for Kathleen O’Neil Stevens, who formerly operated a studio-gallery for her own work on East Carmel Drive.
Plastic surgery firm hit with surveillance litigation
Former employees say Meridian Plastic Surgery Center violated their rights when it secretly recorded them in various states of undress.
MORRIS: Don’t fear diversity; embrace it
We cannot allow this failure of our government to tear apart the benefits of diversity that helped make this country great.
Retail roundup: Kahn’s plans new downtown store & more
We lead off today’s flush retail roundup with a new location for Kahn’s Fine Wines & Spirits. Also on tap: New local brewery chooses Fort Ben, three new restaurants, a new bakery and more.