Meridian corridor office complex sells for close to $43 million
The buyer, Equus Capital Partners, has made a habit of purchasing large-scale, Class A office properties on the north side of the city.
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The buyer, Equus Capital Partners, has made a habit of purchasing large-scale, Class A office properties on the north side of the city.
A proposal to phase out Indiana's property tax on business equipment and machinery has many local government leaders concerned about another big revenue hit.
Tornadoes and thunderstorms that swept across the U.S. Midwest last month will probably cost more than $1 billion in economic losses, led by damage in Illinois and Indiana, according to insurance broker Aon Plc.
The owner of hundreds of retail properties landed on the Barron’s list of top stock picks for 2014, with the financial publication citing an improved outlook and an analyst upgrade.
The head of IU's board of trustees says faculty need to accept that college standards are changing and adapt to stay ahead of the shift.
Eskenazi admitted its first patients and the hospital it's replacing, Wishard Memorial, discharged its last Saturday as part of the transition between the two hospitals.
The new climate is a seismic change for many who got into nursing because for generations it had been a recession-proof career.
Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy.
A key state legislator doesn't expect the General Assembly will be taking any action on changing Indiana's casino laws during its upcoming session.
-Capitol Construction has completed a 6,600-square-foot office build-out for Bluegreen at 3500 DePauw Blvd.
-TMG Construction Management Inc. has started build-out of a 3,189-square-foot Chipotle Mexican Grill at 6 E. Washington St.
The average rate for 30-year mortgages rose from 4.44 percent to 4.55 percent in the week ended Dec. 4, according to Bankrate.com. The rate for 15-year mortgages rose from 3.47 percent to 3.62 percent.
-General Nutrition Centers leased 342,840 square feet in AllPoints at Anson 7A, 4055 S. County Road 500 East, Whitestown. The tenant was represented by Jim Medbery of Binswanger. The landlord, a partnership of Duke Realty and Browning Investments, was represented by Mark Hosfeld and Jay Archer of Duke and Mark Susemichel and John Cohoat of Browning.
-Poly Tainer Inc. leased 66,282 square feet of industrial space at 999 Gerdt Court, Greenwood. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Greenwood Gerdt Enterprises LLC, was represented by Jon Jessup of Summit Realty Group.
-Office Furniture Warehouse Inc. leased 16,000 square feet of industrial space at 5925-6021 W. 71st St. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, GI Partners, was represented by Bryan Poynter and Russ Van Til of Cassidy Turley.
-Metal Man LLC leased 5,756 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley.
-Clothes Mentor leased 4,800 square feet of retail space at 11670-11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Vision Works leased 3,946 square feet of retail space at 9893 N. Michigan Road, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.
-Massage Envy leased 3,283 square feet at 6280 College Ave. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, 6280 LLC, was represented by Bart Jackson and Scot Courtney of Lee & Associates.
-Americrawl Inc. leased 2,700 square feet at 5855 Kopetsky Drive. The landlord, Gateway South LLC No. 1, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-Vitamin Shoppe leased 2,666 square feet at Stony Creek Marketplace, 17143 Mercantile Blvd., Noblesville. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, RPAI, was represented by Larry Davis, Tom English and John Baker of Sitehawk Retail Real Estate.
-H&R Block leased 2,400 square feet at Brownsburg Square Shopping Center, 967 N. Green St., Brownsburg. The landlord, Brownsburg Management Group, was represented by Jeff Hubley of Midland Atlantic Properties. The tenant represented itself.
-Walmart signed a four-month lease for 2,100 square feet at Prairie Lakes Shopping Center, 14350 Mundy Drive, Noblesville. The landlord, Prairie Lakes Development LLC, was represented by Tracey Holtzman of Midland Atlantic Properties. The tenant represented itself.
-Graeter’s Ice Cream leased 2,100 square feet at 5560 N. Illinois St. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, 56th Street Investments LLC, represented itself.
-Just Install LLC leased 2,069 square feet at 4444 Decatur Blvd. The landlord, CP Ventures LP, was represented by Brian Dell and Ryan Kelly of Summit Realty Group. The tenant represented itself.
-Certified Lawn Care leased 1,500 square feet of industrial space at 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.
-Planetary Brewing Co. leased an additional 1,500 square feet of industrial space at 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.
-The Wright Cut, doing business as Great Clips, leased 1,260 square feet at Tasha’s Plaza, 9155 E. 56th St. The landlord, R. Danesh LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.
-Plopper & Partners LLP leased 1,222 square feet of office space at 301 E. Carmel Drive, Carmel. The tenant was represented by Lawrance Morrissey of Corporate Commercial Group. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International.
-St. Louis -based SMFG LLC bought a 48-unit garden-style apartment complex at 221 E. Main St., Carmel. The seller, Sundance Investment Properties, was represented by Amy Burmeister and Adam Ehret of Summit Realty Group. The buyer represented itself.
-Culver’s bought 1.2 acres at Olio Road and State Road 238, Fishers. The buyer was represented by Allison Hawley of Cassidy Turley. The seller, Olio 238 Partners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
State police are warning Indiana residents about a phone scam reported in central Indiana in which grandparents are swindled out of money by con artists who tell them about a fake emergency. Police say victims have lost hundreds to thousands of dollars in the scam. The swindlers call would be victims and tell them their grandsons are in trouble or injured, and need cash wired immediately.
A 14-year-old boy told police he was assaulted by two intruders who broke into his east-side home Wednesday. The boy, who was home sick from school, tried to hide from the intruders as they broke through the home’s back door, but he was spotted. One of the intruders, who were described as young as 17, pointed a gun at him while the other struck him in the face. They left with a Playstation 3, a stack of video games and a cell phone.
Police arrested two suspects at 2 a.m. Friday in connection with the shooting death of a 32-year-old Lizton man. James Vester was killed Wednesday about 4 p.m. at Wyckford Commons, near West 10th Street and North Girls School Road. Tryon Kincade, 19, and Tyshaune Kincade, 18, both of Indianapolis, face charges of murder and robbery. Vester, an Iraq veteran and father of a 1-year-old son, reportedly went to the apartments to buy an iPad he found on Craigslist.
I’ll refrain from Underwood bashing. Instead, here’s some good that can come from NBC’s live production.
City officials have estimated the storms caused $22 million in commercial property loss, a figure that doesn't take into account lost wages and productivity.
Holiday spirit, solid acting, and a great Christmas song, populate this year’s installment of “A Very Phoenix Xmas.”
Indiana has held AAA ratings – the highest available – with Standard and Poor’s, Moody’s, and Fitch Ratings since April of 2010.