Residential
The average rate for 30-year mortgages rose to 4.72 percent from 4.62 percent in the week ended Sept. 4, according to Bankrate.com. The rate for 15-year mortgages rose to 3.74 percent from 3.66 percent.
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NFP of NOTE: Beacon of Hope Center for Women Inc.
Beacon of Hope Center for Women empowers victims of domestic violence by providing them safety, education and support in a Christ-centered environment.
Leases/leasing contracts
-American Specialty Health leased 72,693 square feet in Hamilton Crossing III, 12800 North Meridian St., Carmel. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Sircon Corp. leased 12,135 square feet at 7835 Woodland Drive. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Drees Homes leased 8,329 square feet at 900 E 96th St. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Traci Kapsalis.
-Due Doyle Fanning Ewing & Metzger LLP leased 6,526 square feet at Circle Tower, 55 Monument Circle. The tenant was represented by George Dury of Dury Investment Group. The landlord, Ambrose Property Group LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Auto Tire Car Care Inc. leased 5,000 square feet of retail space at 3115 Meridian Parke Drive, Greenwood. The landlord, C-III, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Index Notion Co. Inc. leased 4,800 square feet of retail space at 5855 5905 S. Madison Ave. The landlord, C-III, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Index Notion Co. Inc. leased 4,600 square feet of retail space at 1600 E. Michigan Road, Shelbyville. The landlord, C-III, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-ATC Realty One LLC leased 4,000 square feet of retail space at 540 630 W. Northfield Drive, Brownsburg. The landlord, REDUS Properties Inc., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Vision Works leased 3,000 square feet of retail space at 10777 E. Washington St. The tenant was represented by Patrick Boyle of Midland Atlantic Properties. The landlord, Indiana Properties Group LLC, was represented by Jacque Haynes of Cassidy Turley.
-GolfTec leased 1,979 square feet of retail space at 9893 N. Michigan Road, Carmel. The landlord, CASTO, was represented by Jacque Haynes and John Byrne of Cassidy Turley. The tenant represented itself.
-Goodwill Industries of Central Indiana leased 1,600 square feet of retail space at 8922 E. 96th St., Fishers. The tenant was represented by Bill French of Cassidy Turley. The landlord, Glendale Partners, was represented by Paul Rogozinski of Veritas Realty LLC.
-Indy Smoke Time leased 1,405 square feet of retail space at 2234 Broad Ripple Ave. The landlord, Dawnbury Inc., was represented by John Byrne of Cassidy Turley. The tenant represented itself.
LOU’S VIEWS: Larger scope for Children’s Museum’s Playscape
When an outstanding temporary exhibition opens, that’s cause for excitement. When a permanent exhibition gets an outstanding upgrade, that’s cause for celebration.
Sales/acquisitions
-Justus Cos. bought 65 acres at State Road 32 and Little Chicago Road, Noblesville. Both the buyer and seller, Equicor Development, Inc., were represented by Bill Flanary of Cassidy Turley.
-C&D of Indiana Management LLC bought a 19,225-square-foot retail property at 710 N. U.S. 31, Greenwood. The buyer was represented by Bill French of Cassidy Turley. The seller, Hostess Foods LLC, was represented by Creighton Shook of Coldwell Banker.
-Woodcreek Crossing Development Ltd. bought 39 acres at Dan Jones Road & County Road 200 North, Avon. The seller, Ash Realty Holdings LLC, was represented by Bill Flanary and Bo Leffel of Cassidy Turley. The buyer represented itself.
Combatants draw partisan distinctions in debate over sheriff’s budget
The Marion County sheriff can’t control the Indianapolis Metropolitan Police Department, but Mayor Greg Ballard can’t tell the sheriff how to operate jails or secure the City-County Building, and, much to his frustration, he’s been unable to control the sheriff’s spending.
DINING: City Barbecue smoked meats upgrade IUPUI dining options
Second in a month-long series of just-out-of-downtown dining reviews.
HETRICK: If you want to save Syrians, produce a viral video
Alas, there’s no viral video personalizing the problem. The call to act is coming from the top down.
ALTOM: Cost dictates whether cloud is right for your business
Sometimes it’s more efficient to have on-premises software to serve your company’s needs.
New Indy Chamber chief Huber broadens group’s agenda
Michael Huber is about to step out from behind the curtain. As CEO of the Indy Chamber, he’ll be the face of the metro area’s largest business membership organization, rather than the brains behind top city initiatives.
Kennedy not missed
Regarding Sheila Suess Kennedy [Aug. 26] leaving the Republican Party, Roy Clark once sang a line that fit her: “Thank God and Greyhound she’s gone.”
Beltzhoover didn’t solicit teen investor
I was shocked to see my name associated with what was portrayed as the solicitation of a minor in relation to securities trading [Sept. 2].
New school to anchor Central State project
The first new non-residential building at the former Central State Hospital campus, at the corner of West Washington Street and Tibbs Avenue, will be a charter school. Christel House Academy West broke ground last month on about nine acres donated by the city.
EVERETT, HALSTEAD: Nurses need more training—quickly
Indiana’s health care work force is ill-equipped to meet the daunting challenges and requirements of health care reform without strategic work force development efforts.
KENNEDY: Revenue enhancement, anyone?
Public finance these days reminds me of those fellows we used to encounter at the county fairs—the ones who twisted balloons into fantastic shapes, making horses or dogs from oblong balloons they blew up. Push the balloon here and watch a shape emerge there, and wonder if it would pop.
Skarbeck: Views abound on how to structure portfolios
There are many approaches and differing opinions on the best way to manage your portfolio. The conclusion comes down to which style or philosophy leaves you feeling the most comfortable while you fully understand the cost, risks and potential performance of that strategy.
Whitsett changes name; Milhaus launches division
The Whitsett Group LLC has changed its name to TWG Development LLC, and Milhaus has created a division to manage properties it develops.
Wealth coach disciplined
The Indiana Securities Division has summarily revoked the investment adviser registrations of William R. Muench and his Greenwood-based Aperio Wealth Management. The division alleges that Muench did not answer the door when division personnel arrived at his office last July for a routine compliance investigation. It also alleges Muench filed inaccurate information concerning his address. […]
Menard fires back in court fight with Hilberts
Menard has countersued Tomisue Hilbert for “abuse of process,” saying she filed her lawsuit only after companies controlled by Menard removed the Hilberts as managers of a private equity firm and sued to recover millions of dollars in fees paid to the Hilberts.