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U.S. steelmakers accuse South Korea of dumping

March 25, 2014

U.S. Steel and Steel Dynamics Inc., which have thousands of employees in Indiana, are among steel companies who say they have been unfairly harmed as imports of the products are sold more cheaply than domestic producers can make them.

Noble Roman’s awarded $1.5M in battle with franchisees

March 25, 2014

The Indianapolis-based pizza chain is still waiting to collect after being locked in a years-long legal dispute over franchise agreements and royalties.

GE Aviation poised to announce major Indiana plant

March 25, 2014

Gov. Mike Pence and GE Aviation CEO David Joyce will be on hand Wednesday morning for the announcement at the Purdue University Airport.

Expensive homes selling quickly in Indianapolis area

March 25, 2014

Pricier houses are vanishing from the market faster than less-expensive homes due to a temporary bottleneck caused by rising demand and a slow recovery by builders.

Columbus looks to sell factory of failed solar-panel maker

March 25, 2014

Columbus officials will start accepting bids next month for the vacant Nusun Inc. facility in a city industrial park.

Several education-related bills signed into state law

March 25, 2014

In addition to approving legislation to end Common Core standards in Indiana, Gov. Mike Pence on Monday signed four other education-related bills into law.

Governor signs tax-cut, economic development bills

March 25, 2014

Indiana Gov. Mike Pence on Tuesday morning signed into law a package of state business tax cuts approved by lawmakers earlier this month as well as several other business-related bills.

City puts land north of downtown back up for bid

March 25, 2014

The Department of Metropolitan Development issues a request for proposals due by April 16 to develop a parcel near 16th and Dr. Martin Luther King Jr. streets. An attempt last year by Opus Development Corp. to build a project there anchored by a Meijer store failed.

Apartment owner jumps into office biz with south-side rehab

March 25, 2014

Ardizzone Enterprises Inc. in Beech Grove is preparing to open a two-building, 63-suite office complex on U.S. 31 south of Interstate 465. The company has invested $4.2 million in the project.

State nixes Common Core, but new model may be similar

March 25, 2014

Indiana on Monday became the first state to formally withdraw from Common Core education standards. A proposed new program is already being criticized as too close to Common Core.

Construction

March 25, 2014

-TJK Property Services has completed a 2,100-square-foot interior remodel of a medical office at 2160 W. 86th St.

-TJK Property Services has completed a 2,800-square-foot interior remodel of Anytime Fitness at 1168 N. Main St., Franklin.

Residential

March 25, 2014

The average rate for 30-year mortgages fell from 4.50 percent to 4.46 percent in the week ended March 20, according to Bankrate.com. The rate for 15-year mortgages fell from 3.51 percent to 3.48 percent.

Leases/leasing contracts

March 25, 2014

-OHL renewed its lease for 414,424 square feet at 1100 Whitaker Road, Plainfield. The tenant was represented by Andrew Morris of Summit Realty Group and Steve Schwegman of JLL. The landlord, Transpacific Development Co., represented itself.

-All Spark Wholesale leased 23,538 square feet of warehouse space in Washington Market, 10437 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Thurston Springer Miller Herd & Titak Inc. leased 10,717 square feet at 9000 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL. The tenant represented itself.

-Eskenazi Health renewed its lease for 5,300 square feet of space in Eagledale Plaza, 2802 N. Lafayette Road. The landlord, Sandor Development, was represented by Lloyd Otani of Sandor. The tenant represented itself.
 
-Visionworks leased 3,946 square feet at West Carmel Marketplace, 9893 Michigan Road, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Casto, was represented by Jacque Haynes and John Byrne of Cassidy Turley.

-Goodwill Industries of Central Indiana leased 3,800 square feet of retail space at 2361 Broad Ripple Ave. The tenant was represented by Bill French of Cassidy Turley. The landlords, Ko Yun Sam and Chung Hee, were represented by Jacque Haynes and Bennett Williams of Cassidy Turley.

-Visionworks leased 3,640 square feet at Village Park Plaza, 2009 E. Greyhound Pass, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Pat O’hara.
 
-Visionworks leased 3,500 square feet at Fishers Corner Shoppes II, 11761 Commercial Drive, Fishers. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, HI Fishers Corner LLC, was represented by George Dury of Dury Investments.

-Visionworks leased 3,027 square feet at 10777 E. Washington St. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Indiana Properties Group, was represented by Jacque Haynes of Cassidy Turley.

-Visionworks leased 3,000 square feet at Greenwood Park Mall. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.

-Visionworks leased 3,000 square feet at Castleton Square Mall. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.

-Visionworks leased 2,870 square feet at Avon Commons, 10445 E U.S. 36, Avon. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Aviana Company 3 LLC, was represented by Joseph Khouri of Carnegie Management & Development.

-Hanzo Logistics Inc. leased 2,285 square feet of freezer/cooler space at 4001 W. Minnesota St. The tenant was represented by Cam Kucic and Matt McGrady of Summit Realty Group. The landlord, Tippmann Properties Inc., was represented by Tippmann's Larry Hughes.

-RadioShack Corp. leased 1,800 square feet of retail space at 791 S. State Road 135, Greenwood. The tenant was represented by Bill French of Cassidy Turley. The landlord, Schoolcraft Commercial Real Estate, was represented by Bart Jackson of Lee & Associates.

-Spark Holdings Group Inc. leased 1,217 square feet of retail space at 9893 N. Michigan Road, Carmel. The tenant was represented by Joe Faulkner of Sycamore Group Associates. The landlord, CASTO, was represented by Jacque Haynes of Cassidy Turley.

Sales/acquisitions

March 25, 2014

-Abraham Gershonwicz bought a 3,115-square-foot former KFC restaurant at 7102 N. Keystone Ave. The buyer was represented by Catherine Esselman of Penn Real Estate. The seller, KFC US Properties, was represented by Dean Almas of Sitehawk Retail Real Estate and Wally Egelanian of DJM Real Estate Services.

-Metonic bought the 244-unit Annaberry Park Apartments at 1808 Century Way. The seller, EMK Properties, was represented by Tikijian Associates. The buyer, which has renamed the complex Oakbrook Park, represented itself.
 
-JAWCO bought the 108-unit Arbor Manor Apartments at 206 Churchill Drive, Mooresville. The seller, Neff Properties, was represented by Tikijian Associates. The buyer represented itself.

Purdue loses appeal to shield discrimination report

March 24, 2014

An appellate panel had harsh words for Purdue University’s conduct in shielding a report investigating a former chancellor’s complaint of gender discrimination and harassment against former university president France Cordova.

IRT season to include ‘Red,’ ‘Good People’ and Shakespeare

March 24, 2014

“A Christmas Carol” and “The Giver” set to return, along with a Sherlock Holmes adaptation.

Medic! Early signal shows hospital profits plunged in 2013

March 24, 2014

Franciscan Alliance, always the first to report its year-end financial results, put out numbers that show a real decline in profit from operations of 58 percent.

Southwest adding nonstop from Indy to Washington

March 24, 2014

Southwest Airlines Co. is adding more flights to Ronald Reagan Washington National Airport this year, including non-stop service to and from Indianapolis that begins Nov. 2, the airline said Monday.

Southwest adds Indianapolis route

March 24, 2014

Indianapolis air travelers will have a new option for flights to Washington, D.C., with Southwest Airlines' expansion of service from Ronald Reagan Washington National Airport. The airline announced Monday that it will more than double flights from Reagan National by year's end. Among the expansions is a new route to Indianapolis, which will start in […]

WellPoint shares top $100 on bullish 5-year forecast

March 24, 2014

The health insurer predicted growth in government-funded health insurance programs would push revenue above $100 billion by 2018. That prompted investors to push WellPoint stock above $100 per share—an all-time high for the company.

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