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Pence readies 1st vetoes as Indiana governor

May 8, 2013

Pence has expressed concern with a measure shifting power from the Indianapolis City-County Council to Mayor Greg Ballard and with a plan for a $100 million loan to the Indianapolis Motor Speedway.

Hamilton County voters approve school referendums

May 8, 2013

A $95 million expansion of Fishers and Hamilton Southeastern high schools, and a $28 million project to expand Noblesville High School were approved by voters Tuesday.

Review finds no conflict in state’s deal with Mainstreet

May 8, 2013

Gov. Mike Pence asked the Indiana Economic Development Corp. in early April to review its decision to grant $345,000 in performance-based economic incentives to Mainstreet Property Group LLC, a company started by a top Republican lawmaker and his son.

Subaru planning major expansion in Indiana

May 8, 2013

Subaru plans to expand its Lafayette factory and add hundreds of workers to build the Impreza small car there, a source briefed on the matter says.

Central Indiana county not blocking wind farm plans

May 7, 2013

Delaware County commissioners decided Monday that they won’t take immediate action on a moratorium to block a proposed wind farm.

Three men die in separate shootings

May 7, 2013

Indianapolis homicide detectives are investigating three separate fatal shootings that took place in a 9-hour period Monday night and Tuesday morning. An unidentified male was found shot to death in the 100 block of South Sheridan Avenue, near East Washington Street and Arlington Avenue, about 2:45 a.m. Tuesday. A 19-year-old carrying marijuana and cash was shot to death about 9:30 p.m. Monday in the 3400 block of Brouse Avenue, near East 38th Street and North Keystone Avenue. About three hours earlier, a father-to-be was gunned down inside the Heart’s Landing Apartment complex near East 42nd Street and North Post Road.

Hamilton County voters face referendums

May 7, 2013

Voters have until 6 p.m. Tuesday to vote in two Hamilton County referendums that will shape the size of school classrooms and future tax bills. In the Hamilton Southeastern Schools district, voters face a $95 million referendum that would expand Hamilton Southeastern and Fishers high schools. In Noblesville, a $28 million referendum would expand the high school and allow freshmen to return to the main campus. It also would allow the county to buy a school building and lease it to Ivy Tech Community College, which would create a campus at the site.

Indiana ranked high for business

May 7, 2013

Indiana was named the fifth best state in the nation for business, according to a ninth annual survey conducted by Chief Executive Magazine. The publication asked more than 500 CEOs to evaluate states based on business tax policies, regulation, work force quality and livability factors. Indiana was the only Midwestern state in the top five. Ohio was closest at No. 22.

Governor taps ex-WellPoint CEO Braly for IEDC board

May 7, 2013

The appointment is the first high-profile post that Braly, 51, has accepted since she was ousted from the top spot at the Indianapolis-based health insurer in August.

Interactive Intelligence shares soar after forecast upgrade

May 7, 2013

The tech firm’s shifting emphasis toward cloud services has boosted sales and profits. Strong results for the first quarter lifted its stock as much as 20 percent Tuesday.

Pence signs sentencing, IEDC-transparency bills

May 7, 2013

Indiana Gov. Mike Pence signed three bills into law Tuesday, one involving government transparency in economic development deals, one related to school safety and another overhauling criminal sentencing.

Indiana farmers still far behind planting corn crop

May 7, 2013

The federal government’s weekly crop report says 8 percent of the Indiana corn crop was planted as of Sunday, well behind the 82 percent planted by the same time last year.

Art imitates life in commercial based on Kosene family

May 7, 2013

Former Indianapolis filmmaker Alex Kosene bases the story in a local advertising shoot for a Swiss watchmaker on his relationship with his developer dad.

Indiana firms lose ground on Fortune 500 list

May 7, 2013

Five of the six Hoosier firms that appear in the 2013 rankings slipped from their positions in last year’s list of the largest U.S. companies.

Browning exec Dye joining The Whitsett Group

May 7, 2013

Dennis Dye will become a partner at Whitsett, a prolific developer of affordable housing. He has served two stints at Browning totaling about 20 years.

Outback, Olive Garden slated for Michigan Road

May 7, 2013

The Carmel City Council on Monday agreed to pave the way—literally—for commercial development planned for the west side of Michigan Road south of 106th Street.

Judge grants class status to lawsuit against BMV

May 7, 2013

As many as 4 million Indiana drivers could become plaintiffs in a lawsuit alleging the Indiana Bureau of Motor Vehicles has overcharged for driver's licenses since 2007.

Residential

May 7, 2013

The average rate for 30-year mortgages fell from 3.57 percent to 3.52 percent for the week ended May 1, according to Bankrate.com. The rate for 15-year mortgages fell from 2.80 percent to 2.75 percent.

Sales/acquisitions

May 7, 2013

Underwood Tile bought a 4,217-square-foot industrial building at 640-650 Murray St. The buyer and seller, Thomas J. Williamson Revocable Trust, were represented by Bob Lindgren and Mike Medlock of Lee & Associates.

Leases/leasing contracts

May 7, 2013

-Heartland Food Products Group leased 309,600 square feet of industrial space at 4925 W. 86th St. The tenant was represented by Fritz Kauffman and Don Treibic of Cassidy Turley. The landlord, Duke Realty, represented itself.

-Central Indiana Education Service Center leased 13,245 square feet of office space at 6026 6036 Lakeside Blvd. The tenant was represented by Yumi Prater of Colliers International. The landlord, GI Partners, was represented by Bryan Poynter and Russell Van Til of Cassidy Turley.

-The Men’s Wearhouse leased 6,553 square feet at Clay Terrace, 146th Street and U.S. 31, Carmel. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Clay Terrace Partners LLC, was represented by Pat O’Hara of Simon Property Group.

-Pet Supplies Plus leased 6,400 square feet at Fishers Crossing, 7230 Fishers Crossing Drive, Fishers. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate and John Liprando of Sullivan Hayes. The landlord, Viking Partners Fishers LLC, was represented by Kyle Hughes and Jamison Downs of Veritas Realty LLC.
 
-Jockamo Irvington LLC renewed its lease for 5,468 square feet of retail space at 5614-5646 E. Washington St. The landlord, Irv LLC, was represented by John Byrne of Cassidy Turley. The tenant represented itself.  

-Indiana Association of 7th Day Adventists Inc. leased 2,773 square feet of office space at 7301 Georgetown Road. The tenant was represented by Nathan Smith of Colliers International. The landlord, GCP Investment LLC in care of Mann Properties Management, was represented by Craig Cleveland of Mann Properties.

-Preventive Care Medical LLC leased 2,750 square feet of office space at 7430 N. Shadeland Ave. The landlord, SNAG LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.

-Stonegate Mortgage Corp. leased an additional 1,776 square feet at 1499 Windhorst Way, Greenwood. The tenant was represented by Nick Svarczkopf and John Vandenbark of CBRE. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.

-Thomas Mascari leased 1,600 square feet of retail space at 3001 Meridian Meadows, Greenwood. The landlord, Bayview Loan Servicing LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.  

-H&R Block leased 1,400 square feet of retail space at 8958 8974 E. 96th St., Fishers. The landlord, C III Asset Management, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.  

-Great Clips leased 1,200 square feet of retail space at 1600 E. Michigan Road, Shelbyville. The landlord, C III Asset Management, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.  

-LCS Avon LLC leased 880 square feet of office space at 6845 E. U.S. Highway 36, Avon. The landlord, Westridge Office Park II LLC Receivership Estate, was represented by Nathan Smith of Colliers International. The tenant represented itself.

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