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Armed men rob credit union

March 26, 2013

Two armed men robbed the Indiana Members Credit Union at 95 S. Mitthoeffer Road in Indianapolis at about noon Monday. The suspects escaped in a blue pickup that was found about an hour later in a nearby apartment complex. Police are investigating.

Carmel-Clay narrows superintendent search

March 26, 2013

Officials in the Carmel-Clay Schools district have whittled the list of superintendent candidates to three. The candidates, announced at a board meeting Monday, are Eric Ban, former principal at Crown Point High School; Bruce Hibbard, superintendent of New Albany-Floyd County Schools in southern Indiana; and Mary Ann Dewan, who has held high-ranking positions in the Wayne Township district. Public forums are set for this week, and the school board hopes to make a decision in the next month.

Chipotle headed downtown to Washington and Meridian

March 26, 2013

Local retail brokers say Chipotle will occupy the first-floor space of a three-story retail and office building slated to fill the vacant lot at 6 E. Washington St.

Whole Foods shelves store slated for Fishers

March 26, 2013

High-end grocery chain Whole Foods Market Inc. wants to triple the number of stores it operates, but the company has bagged plans for a location on 116th Street in Fishers.

Indiana Supreme Court upholds school voucher program

March 26, 2013

In a 5-0 vote, the justices rejected claims that the law primarily benefited religious institutions that run private schools. The decision paves the way for a possible expansion of the program.

Celadon says new driver-training facility to create 500 jobs

March 26, 2013

The Indianapolis-based trucking firm first announced plans for the driver-education center in January, but has since expanded the project and employment projections while seeking state incentives.

Local REITs charge ahead of pack in bull market

March 26, 2013

Indiana real estate investment trusts are hitting new highs while outpacing the bull market and their peers in the usually hardy and suddenly hot sector.

Printing firm to bring 360 jobs to Jeffersonville

March 26, 2013

Ohio-based Standard Printing says it will invest nearly $10 million to lease and renovate a 335,000-square-foot facility.

ISO season: Cole Porter, Sandi Patty, Mario Venzago

March 26, 2013

The most surprising thing on the Indianapolis Symphony Orchestra’s lineup isn’t the mix of classics and pops or the name of a guest violinist or pianist. Rather, it’s the return of former Music Director Mario Venzago.

Hinchcliffe victory good for GoDaddy, IndyCar and fans

March 26, 2013

Hip, young racer James Hinchcliffe is off to a good start this year. With a good finish at Indy this May, he will become more than Danica Patrick's replacement driving the GoDaddy car. The series must promote his success to maximize the benefit.

Calumet goes back to market with public offering

March 26, 2013

The Indianapolis-based petroleum refiner plans to use proceeds from the 5.3 million unit stock offering for working capital, acquisitions and possibly the redemption or repurchase of debt.

Indiana Supreme Court asked to review Rockport gas deal

March 26, 2013

A Court of Appeals ruling upheld the 30-year contract between developers of the $2.6 billion synthetic gas plant and the Indiana Finance Authority. The agency would buy gas at a pre-negotiated rate and resell it to customers at a fixed rate.

Lilly, Boehringer submit diabetes drug to FDA

March 26, 2013

Eli Lilly and Co. said Monday that it has submitted a new type 2 diabetes treatment it is developing with German drugmaker Boehringer Ingelheim to the Food and Drug Administration.

Indy Motor Speedway to charge for infield parking spots

March 26, 2013

Passes for parking inside the third turn for the Indianapolis 500 and Brickyard 400 NASCAR race went on sale Monday. Front-row parking spaces cost $75 while additional general parking spaces will sell for $25.

Indiana lawmakers advance tighter cold meds limits

March 26, 2013

Consumers would face tighter limits on the quantities they could buy of cold and allergy pills often used to make methamphetamine under a proposal approved by Indiana lawmakers.

Construction

March 26, 2013

-Gibson Commercial Construction has completed a 15,000-square-foot office for Endress + Hauser Flowtec AG at 2330 Endress Place, Greenwood.

-Mezzetta Inc. has been awarded the general conditions contract by Citizens Energy Group for the master facilities plan at Citizens' Langsdale site, 2150 Dr. Martin Luther King Blvd. The work is to begin in April of this year and be completed in May 2014.

-Capitol Construction has completed a 4,900-square-foot retail build-out for Salon Lofts at 2316 E 116th St., Carmel.
 

People

March 26, 2013

-CBRE has promoted J.D. Graves to vice president.

–Wes Podell has joined PK Partners as vice president of leasing and development.

Residential

March 26, 2013

The average rate for 30-year mortgages fell to 3.78 from 3.85 percent for the week ended March 20, according to Bankrate.com. The rate for 15-year mortgages fell to 2.97 percent from 3.03 percent.

Leases/leasing contracts

March 26, 2013

-Keihin North America Inc. leased 32,250 square feet of office space in Flagship Business Park, 2701 Enterprise Drive, Anderson. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Flagship Enterprise Center Inc., represented itself.

-The Salvation Army leased 19,150 square feet of retail space in Greenbriar Shopping Center, 1357 W. 86th St. The tenant was represented by Pat Boyle of Midland Atlantic.  The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson and Scot Courtney of Lee & Associates.

-Walls Mattress leased 4,000 square feet at Washington Shoppes, 10021 E. Washington St. The tenant was represented by Dean Almas of Sitehawk Retail Real Estate. The landlord, The Broadbent Co., was represented by Broadbent's Josh Broadbent.

-Wine & Canvas leased 3,250 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent's John Beuoy. The tenant represented itself.

-Wells Fargo Home Mortgage renewed its lease for 3,200 square feet of retail space in River Ridge Crossing, 4705 E. 96th St. The tenant was represented by Stan Elser and Bart Jackson of Lee & Associates. The landlord, River Ridge Crossing West LP, was represented by John Beuoy of The Broadbent Co.

-Aquent LLC leased 2,745 square feet at Meridian Mark I, 11611 N. Meridian St. Carmel. The tenant was represented by Molly Miller of Newmark Knight Frank Halakar. The landlord, Zeller Real Estate Group, was represented by Zeller's Tristan Glover.

-Humana Insurance Co. leased 2,540 square feet at 8888 Keystone Crossing. The tenant was represented by Brian Askins, formerly of DTZ, a UGL company. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.

-GoPath Global LLC leased 1,419 square feet at 8888 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.

-Vietnamese Coffee Shop leased 1,400 square feet at Castleton Plaza, 6388 E. 82nd St. The landlord, The Broadbent Co., was represented by Broadbent's Josh Broadbent. The tenant represented itself.

-Taste of Philly leased 1,300 square feet at Fishers Town Center, 8355 E 116th St., Fishers. The landlord, The Broadbent Co., was represented by Broadbent's Brian Broadbent. The tenant represented itself.

-Age Successfully leased 1,300 square feet at Fishers Town Center, 8355 E 116th St., Fishers. The tenant was represented by Kevin Gillihan of Jones Lang LaSalle. The landlord, The Broadbent Co., was represented by Broadbent's Brian Broadbent.

-Air Tan leased 1,200 square feet at Fishers Town Center, 8355 E 116th St., Fishers. The landlord, The Broadbent Co., was represented by Broadbent's Brian Broadbent. The tenant represented itself.

-Ingrid’s Beauty Salon leased 1,200 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The landlord, The Broadbent Co., was represented by Broadbent's Jim Mosher. The tenant represented itself.

-Cuts and Style leased 1,200 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The landlord, The Broadbent Co., was represented by Broadbent's Jim Mosher. The tenant represented itself.

-Holland & Holland leased 1,255 square feet at 8888 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.
 
-Greenwood Vision Development Center LLC leased 1,150 square feet of office space in Library Park, 1701 Library Park Blvd., Greenwood. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Ennis Co. Inc., was represented by Cathy Richards of Lee & Associates.

-Irish Ink leased 1,000 square feet of retail space in Village Park, 8920 S. Meridian St.  The tenant was represented by Cindy Hoskinson of Lee & Associates. The landlord, LaGrotte Realty, was represented by Mark Deitel of Keller Williams Commercial.

Sales/acquisitions

March 26, 2013

-Midwest Academy Inc. bought a 19,012-square-foot building at 1420 Chase Court, Carmel. The buyer was represented by Mike Napariu of REI Real Estate Services. The seller, DJSI LLC, represented itself.

-Westfield Andover One LLC bought 20.56 acres at 186th Street and Shady Nook Road, Westfield. The buyer was represented by Bill Flanary of Cassidy Turley. The seller, First Farmers Bank & Trust, represented itself.

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