Junkyard cleans up mess after IDEM finds violations
The state says a Hancock County salvage yard had made headway in fixing environmental violations found during a March inspection. The owner still faces an unrelated lawsuit from county officials.
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Finish Line sees profit slip on Macy’s costs
In addition to announcing quarterly results, the retailer said longtime president and chief operating officer Steve Schneider will move into the position of executive vice president of strategic initiatives.
Mel Simon estate quietly showering charities with millions
The estate earmarked at least $1 million for nine recipients, from Butler University and the Indiana University Foundation to The Children’s Museum of Indianapolis, the United Way of Central Indiana, and the James Whitcomb Riley Memorial Association.
‘World War Z’: A conversation
Who better to see the big-budget horror epic with than the author of “Night of the Living Trekkies”? Listen in on our post-screening chat.
Out-of-the-way club caters to members’ need for speed
Successful professionals that double as weekend race warriors and gear heads are drawn to a racetrack and club on the edge of the middle of nowhere by their love of cars and need for speed.
COTA: Cutting through clutter of online product reviews
Two consumer websites address product reviews in a helpful, fanatical way.
Doctors caught in cost-cutting crossfire
Physicians employed by Indianapolis-area hospitals are likely to see their pay cut in the next few years unless the hospitals find new ways to be significantly more efficient.
Issuers of bonds burned by rate hike
Government entities across Indiana have spent the past two years refinancing every possible bond to take advantage of historically low rates, but the savings might not be so easy to come by if rates continue to rise.
LOU’S VIEWS: I’m no fan of the movie “Avatar”…but the exhibit is another matter
Most of the Children’s Museum’s core under-10 audience may not be interested in the movie props, but the interactives are outstanding.
Construction
-TJK Property Services has completed a 2,370-square-foot retail build-out for CherryBerry Self Serve Yogurt Bar at Heartland Landing Shopping Center, 10302 Prosperity Circle, Camby.
-Mattingly Construction has started construction of a 4,000-square-foot dental office for Moore Dentistry at 13580 116th St., Fishers. Completion is scheduled for October.
-Mattingly Construction has completed a 600-square-foot build-out for Forever Heather Women’s clothing retail store at the Indianapolis International Airport.
-Mattingly construction has been awarded a 1,000-square-foot build-out for HealthNet–South East medical offices at 901 Shelby St.
Residential
The average rate for 30-year mortgages rose from 4.12 percent to 4.61 percent for the week ended June 26, according to Bankrate.com. The rate for 15-year mortgages rose from 3.3 percent to 3.73 percent.
David and Marilyn Shank are survivors in PR industry
Over the last quarter century, the husband-wife duo has outlived a number of bigger and slicker competitors, even as the Great Recession decimated some bigger PR and advertising shops.
Boomers selling firms
The last three to four months particularly have been robust and hopefully will continue.
Leases/leasing contracts
-CNH America LLC leased 153,600 square feet in Lebanon Business Park, Building 1, 201 N. Enterprise Road, Lebanon. The tenant was represented by
Jeremy Woods of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Jay Archer.
-Studio Movie Grill leased 56,957 square feet of retail space in College Park Theater, 3535 W. 86th St. The tenant and landlord, Sandor Development, represented themselves.
-Household Furniture Inc. renewed its lease for 15,367 square feet of retail space in Eagledale Plaza, 2802 N. Lafayette Road. The tenant and landlord, Sandor Development, represented themselves.
-Matrix Technologies Inc. leased 12,997 square feet of office space at 6625 Network Way. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Network Way Properties LLC, was represented by Kevin Gillihan and Jack Hogan of Jones Lang LaSalle.
-Aaron’s Rents renewed its lease for 12,000 square feet of retail space in Eagledale Plaza, 2802 N Lafayette Road. The tenant and landlord, Sandor Development, represented themselves.
-DBMS Inc. leased 5,065 square feet at Castle Creek VI, 5975 Castle Creek Parkway. The tenant was represented by Darrell Pike of Pike Real Estate Services. The landlord, ORIX Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-DOTS renewed its lease for 4,500 square feet of retail space in Norgate Shopping Center, 7235-H N. Keystone Ave. The tenant and landlord, Sandor Development, represented themselves.
-Summit Occupational Medicine leased 3,000 square feet of medical space at 3750 N. Meridian St., Suite 300. The tenant was represented by Brooke Sipe and Drew Augustin of Alliance Commercial Group. The landlord, Medical Properties Inc., represented itself.
-Caring for Women’s Health LLC leased 2,775 square feet of office space at 107 N. State Road 135, Greenwood. The tenant was represented by Cathy Richards of Lee & Associates. The landlord, NSR 135 LLC, represented itself.
-Electronic Merchant Systems leased 2,397 square feet at Castle Creek III, 8720 Castle Creek Parkway. The tenant was represented by Katie Sobotowski of Summit Realty Group. The landlord, ORIX Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-CenterFirst leased 2,203 square feet at Castle Creek IV, 5875 Castle Creek Parkway. The tenant was represented by Leslie Bonacker of CresaPartners. The landlord, ORIX Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Web Connectivity leased 1,839 square feet of office space in Auburn Woods Park, 9660 Commerce Drive, Carmel. The landlord, Sandor Development, was represented by Lawrence Morrissey of Corporate Commercial Group. The tenant represented itself.
-Miracle Ear leased 966 square feet of retail space in Ashley’s Crossing Shops, 733 Loews Blvd., Greenwood. The landlord was represented by Jeff Roberts of Sandor Development. The tenant represented itself.
Sales/acquisitions
Kirkendall Investment LLC bought City View Shoppes, a 20,630-square-foot retail center at 1047 Jefferson St., Franklin. The buyer was represented by Nick Kirkendall of Ohio Properties. The seller, City View Shoppes LLC, was represented by Jim Karozos and Bob Lindgren of Lee & Associates.
Libman plan in action—at another place
Sky Blue Window features fresh content daily, and has included stories from WFYI, a former Indianapolis Star editor, award-winning freelance writers and college journalists.