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Advanced Placement worth the money

The [Sept. 28] article “State Spending More in AP Testing for High-Schoolers, but Failure Rate is Rising” implies supporting the Advanced Placement fees might not be worth the investment. This is not the case, and I urge our legislators to continue supporting this expense.

HENDERSON: Why businesses should make Makers

Over beers and dinners, I hear complaints that innovation is dead in the United States, and that most of the “real” innovation comes from southeast Asia, and the university skunk works of Western and Northern Europe.

RUSTHOVEN: This buck stops with Obama

It’s possible that when this is published, President Obama and House Speaker Boehner will have worked out an end to the government shutdown and debt ceiling crises. I’m betting no. For now, the president doesn’t want to, because he thinks it’s hurting the GOP.

City officials aim to build on momentum for cycling

Indianapolis has become a more bike-friendly city, and city planners are looking to ensure the progress continues. The Metropolitan Development Commission will vote Oct. 16 on a bicycle master plan that lays out a host of educational and policy initiatives to encourage two-wheeled transportation.

Construction

-Capitol Construction has completed an 8,800-square-foot office build-out for Guggenheim Partners at 401 Pennsylvania Parkway.

-Capitol Construction has completed a 6,000-square-foot build-out for RPM Machinery at 8910 Purdue Road.

Residential

The average rate for 30-year mortgages fell from 4.41 percent to 4.39 percent in the week ended Oct. 9, according to Bankrate.com. The rate for 15-year mortgages was steady at 3.47 percent.

Leases/leasing contracts

-Evanced Solutions LLC leased 17,000 square feet of office space at 701 E. New York St. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Rowland & Frist LP, was represented by Russell Van Til of Cassidy Turley.

-Fox and Hound renewed its lease for 8,040 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant and landlord, an affiliate of PK Partners, represented themselves.

-Taverna 1850 leased 5,000 square feet at 1850 Broad Ripple Ave. The tenant and landlord, Alex and Mina Khoury, were presented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services.

-Kids Against Hunger-Greenwood Inc. leased 5,000 square feet at Emerson Industrial Park, 5602 Park Elmwood, Greenwood. The tenant was represented by Michael P. Sloan of The Broadbent Group. The landlord, Dominion Realty Inc., represented itself.

-Woodley Farra Manion Portfolio Management leased 4,196 square feet of office space at Five River Crossing, 8558 N. River Road. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE.

-Regions Bank renewed its lease for 4,100 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant was represented by Nick Arterburn of CBRE. The landlord, an affiliate of PK Partners, represented itself.  
 
-Mid-America Computer Corp. leased 3,000 square feet of office space at 11711 N. College Ave., Carmel. The tenant was represented by Andrew Follman of NAI Meridian. The landlord, 11711 North College LLC, was represented by Kimberly Hartman of Colliers International.

-Fox Studios, doing business as Camden Glass, leased 2,900 square feet of retail space in Winthrop Commons, 5345 N. Winthrop Ave. The landlord, Crum Realty, was represented by Ron Mannon and Scott Herider of Lee & Associates. The tenant represented itself.

-Agave Bar and Grill leased 2,643 square feet at 31 E. Main St., Carmel. The tenant and landlord, Fernando Sagovia, were presented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services.

-AT&T renewed its lease for 2,400 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant and landlord, an affiliate of PK Partners, represented themselves.

-Crust Pizzeria leased 2,400 square feet at 12505 Old Meridian St., Suite 170, Carmel. The tenant was represented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services. The landlord, Buckingham Cos., was represented by Buckingham's Tiffany Oliver.

-The Opus Group leased 2,097 square feet of office space at Three River Crossing, 3610 River Crossing Parkway. The tenant was represented by Mary Beth Kohart of CBRE. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE.  

-Pizza Hut leased 1,800 square feet at Eagle Creek Shops, 5510 Lafayette Road. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Harris FLP, was represented by Beth Patterson of Colliers International.

-Jimmy Johns Gourmet Sandwiches leased 1,780 square feet of retail space at Emerson Shoppes, 4920 S Emerson Ave.  The tenant was represented by Jeff Daniel of The Valenti Group. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International.
 
-Yang’s Foot Spa leased 1,400 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The landlord, an affiliate of PK Partners, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

Sales/acquisitions

-Fisher Realty Holdings LLC bought a 24,000-square-foot building at 10277 Leases Corner Court, Camby. The buyer was represented by Jason Alsup of RE/Max Centerstone. The seller, RC Properties I LLC, was represented by Steve Schaub and Brian Dell of Summit Realty Group.  

-Transpacific Development Co. bought a new, 450,000-square-foot distribution building on 31 acres at 2450 Stanley Road, Plainfield. The buyer was represented by John Huguenard of Jones Lang LaSalle's Chicago office. The seller, Plainfield Project One LLC, an affiliate of VanTrust Real Estate LLC of Kansas City, Mo., was represented by Glenn Davis of Colliers International.

-Kids Go Round bought a 13,440-square-foot retail building at 2481 E. Main St., Plainfield. The buyer was represented by Bud Green of RE/Max Centerstone. The seller, Aldi (Indiana) LP, was represented by Jim Abel of Lee & Associates.

-BAC Local 4 Indiana/Kentucky bought a 21,090-square-foot industrial building at 8455 Moeller Road. The buyer was represented by Ted McClure of McClure Commercial & Industrial Real Estate. The seller, Bank of Indiana NA, was represented by Bill Brennan of Lee & Associates.