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Elizabeth Murphy, general counsel for the BMV, told lawmakers at a meeting of the Interim Study Committee on Insurance that uncollected fees have averaged anywhere from $11 million to $13 million annually over the past few years.
-Alt Construction has completed the build-out of an OrangeLeaf Frozen Yogurt Shop at 1917 Melody Lane, Greenfield.
-Alt Construction has completed a 5,000-square-foot build-out for Woodhouse Spa at 11501 Geist Pavilion Drive, Fishers.
The average rate for 30-year mortgages rose from 4.57 to 4.74 percent for the week ended Aug. 21, according to Bankrate.com. The rate for 15-year mortgages rose from 3.61 percent to 3.75 percent.
An Indianapolis man attempting to meet a woman he had just met on Facebook said he was robbed and carjacked on the city’s west side early Friday morning. The 24-year-old man said he drove from the far-east side to meet the woman at a home on Corwyn Road. When he arrived, the woman greeted him and told him to move his car to another spot, where he was jumped by two armed men who took his phone, $400 in cash and 2000 Chevrolet Monte Carlo.
Indianapolis police are investigating an attempted abduction after a 20-year-old woman said two people tried to pull her into a van on the north side. The woman said she was walking home Friday just after midnight from a Marsh Supermarket along Ditch Road south of 86th Street. A man and a woman in a dark van began following her and pulled beside her several times. The woman in the van grabbed her from the window, but she was able to run away.
Adam Layne, 27, of Anderson has been acquitted of murder charges in a fatal stabbing he says happened in self-defense during a fight. A Madison County judge announced the jury's verdict Thursday, eight months after Layne was arrested in the December death of 23-year-old Willie Rumph. Layne said he stabbed Rumph to protect himself and his family after Rumph forced his way into their home and demanded drug money owed him by one of Layne's relatives.
-Performance Assessment Network Inc. leased 17,150 square feet of office space at 11590 N. Meridian St., Carmel. The tenant was represented by R.J. Rudolph and Yumi Goodman of Colliers International. The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Investments Inc.
-Tish Flooring leased 10,078 square feet of industrial space at 4625 W. 86th St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, North By Northwest AB Biynah LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.
-Minnick Services Corp. leased 5,600 square feet of industrial space at 2525 N. Shadeland Ave. The tenant was represented by Mark Writt of CBRE. The landlord, 2525 Shadeland LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.
-American Society of Clinical Pathology leased 3,178 square feet at 8900 Keystone Crossing. The tenant was represented by Sean Reynolds of Jones Lang LaSalle. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Midwest Wealth Management Inc. leased 3,056 square feet at 8888 Keystone Crossing. The tenant was represented by Rob Lukemeyer of Baseline Inc. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-It's All Greek To Me Restaurant leased a 2,520-square-foot free-standing building formally occupied by Donato’s Pizza at 3530 Mann Road. The tenant was represented by Paul Rogozinski of Veritas Realty. The landlord, Donatos Pizza Realty LLC, was represented by Jeff Hubley of Midland Atlantic.
-Andreina Vitto DDS leased 2,261 square feet at Olio Pavilion, 11630 Olio Road, Fishers. The tenant was represented by Matt Jackson of Jackson Investment Group LLC. The landlord, Olio Pavilion, was represented by Keith Fried of Sitehawk Retail Real Estate.
-World Finance leased 1,900 square feet of retail space in Honey Creek Plaza, 3835 Moller Road. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Trustco Development Co., was represented by Drew Kelly of Sandor Development Co.
-World Finance leased 1,840 square feet of retail space in Indian Creek Commons, 10625 Pendleton Pike. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Viking Partners Indian Creek LLC, was represented by Jamison Downs and Kyle Hughes of Veritas Realty.
-Starbucks leased 1,803 square feet at 13844 Olivia Way, Fishers. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, Crown Property Management IV LLC, was represented by Paul Gold of Echo Retail.
-Flaherty & Collins Inc. leased 1,800 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.
-Haffley Taylor & Co. leased 1,703 square feet at 8900 Keystone Crossing. The tenant was represented by James Clark of Jones Lang LaSalle. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Jet’s Pizza leased 1,600 square feet in Shadeland Crossing Shopppes, 7538 N. Shadeland Ave. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, Glendale Partners of Shadeland Shoppes LLC, was represented by Paul Rogozinski of Veritas Realty.
-Goodwill Industries of Central Indiana Inc. leased 1,600 square feet in Lantern Crossing Shopping Center, 8960 E. 96th St., Fishers. The tenant was represented by Bill French of Cassidy Turley. The landlord, Glendale Partners of Michigan Road LLC, was represented by Paul Rogozinski and Kyle Hughes of Veritas Realty.
710 N US 31 LLC bought the 19,125-square-foot former Hostess Wonder Bread facility on 1.94 acres at 710 N. US 31, Greenwood. The buyer was represented by Bill French of Cassidy Turley. The seller, New HB Acquisition (TS) LLC, was represented by Creighton Shook and Luke Householder of Coldwell Banker Commercial Realty Services.
Humane Society for Hamilton County’s summer fundraiser is scheduled for Saturday at the Nickel Plate District Amphitheater in Fishers. The “Parade of Paws” dog walk starts at 1:30 p.m., and the “Woofstock” entertainment stage opens at 2.
Children’s Bureau Inc. is taking over operations of a Noblesville not-for-profit in “fiscal distress” after the smaller agency lost a key federal grant.
The Indianapolis Airport Authority claims Travelers Property Casualty Co. of America failed to pay it all the money it is owed following a steel-beam collapse during construction of the midfield terminal.
Young & Laramore will introduce Ingersoll-Rand’s spinoff, while Hirons extends its Indianapolis Zoo account and plans to expand its staff.
Almost half of Indiana's 2012 worker deaths were transportation-related. Twenty deaths happened at construction sites, while there were 10 manufacturing deaths.
At CNN, an opinion columnist blasts the state of museums. But should museums worry so much about entertaining?
The latest high-tech disruption in the financial markets ratchets up the pressure on NASDAQ and other electronic exchanges to take steps to avoid future breakdowns and manage them better if they do occur.
PepsiCo will pay $2 million for a decade of exclusive “pouring rights” at Westfield’s sprawling Grand Park Sports Campus. The drink maker’s iconic brands—including on-field staple Gatorade—will be available at the park’s eight concession stands.
Indiana's Medical Licensing Board is considering delaying for one year a proposed new rule that would require physicians to conduct annual toxicology tests on some patients as part of a larger state effort to crack down on prescription drug abuse.
Todd Wolfe, the 41-year-old founder of Deca Financial Services in Fishers, is at the center of a legal feud with Educational Credit Management Corp., an Oakdale, Minn., not-for-profit that insures $35 billion in federal student loans.
TWeatherford Inc. was launched in 2006 as a reseller for additive manufacturing equipment, often called 3D printers or rapid prototypers. It has done well with the machinery sales and rentals, but has begun providing actual manufacturing services on a larger scale.
Two proposals to add much-needed downtown housing for the homeless have the support of city officials, but one of the projects is drawing stiff resistance from neighbors concerned that it will create a host of safety issues.
