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House advances central Indiana transit measure

February 26, 2013

The Indiana House has signed off on a measure that would let local residents vote for higher taxes to pay for a $1.3 billion expansion of the public transportation system.

Indiana House approves $30 billion GOP budget plan

February 26, 2013

The Indiana House has approved a $30 billion budget that includes an additional $700 million for roads and schools than was originally sought by the governor.

Paul Ezekiel ”Zeke” Turner: The role of the CEO

Paul Ezekiel ”Zeke” Turner: Going with the IPO

Leading Questions: Paul Ezekiel ”Zeke” Turner

Ironworks project gets key city approval

February 25, 2013

The city's Metropolitan Development Commission approved a Wisconsin developer's plan for a $30 million apartment and retail project to be built on the site of the former Woodfield Centre retail strip.

Ambrose snags large industrial deal

February 25, 2013

Ambrose Property Group will break ground next month on its first industrial project, a 545,010-square-foot national distribution center for Gordmans Inc.

LEADING QUESTIONS: Mainstreet CEO masters efficiency

February 25, 2013

LQ_Turner_WatchVideo MainstreetWhat are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail on your smart phone? What's it like to take a company public? The real estate exec has answers.

Indiana House backs drug tests of welfare recipients

February 25, 2013

Some welfare recipients would face drug testing under a proposal that's been approved by the Indiana House.

Milliman: HIP could save $156M a year

February 25, 2013

The actuarial firm hired by the state estimates savings of about $156 million per year if Indiana uses its Healthy Indiana Plan to expand Medicaid coverage.

IU, Marian set to launch wave of docs

February 25, 2013

Between the new Marian college of medicine and an enrollment expansion at the Indiana University School of Medicine, the state will have 88 percent more med students by next fall.

ITT Educational shares sink after SEC seeks loan documents

February 25, 2013

Shares of ITT Educational Services Inc., one of the country's largest for-profit colleges, tumbled nearly 17 percent Monday after it disclosed that U.S. regulators subpoenaed documents related to private loan programs for its students.

Construction

February 25, 2013

-Capitol Construction has completed a 6,000-square-foot office build-out for Mycomputercareer.com at 8909 Purdue Road.

-Capitol Construction has completed a 4,000-square-foot office build-out for Staples at 8909 Purdue Road.

-Capitol Construction has completed a 9,100-square-foot office remodel for Wild Birds Unlimited at 11711 N. College Ave., Carmel.

Residential

February 25, 2013

The average rate for 30-year mortgages rose from 3.79 percent to 3.80 percent in the week ended Feb. 20, according to Bankrate.com. The rate for 15-year mortgages was steady at 3.02 percent.

Leases/leasing contracts

February 25, 2013

-Click Ship Commerce leased 25,850 square feet at Hillsdale Business Park, 7700 N. Shadeland Ave. The tenant was represented by Brian Buschuk of Jones Lang LaSalle. The landlord, Hillsdale Property Co. LLC, was represented by Jack Hogan and Kevin Gillihan of Jones Lang LaSalle.

-DialAmerica Marketing Inc. leased 24,012 square feet at 4030 Vincennes Road. The tenant was represented by Kevin Gillihan and Denice Michel of Jones Lang LaSalle. The landlord, Coastal Partners LLC, was represented by Tom Hadley and Matt Waggoner of Summit Realty Group.

-KBD Inc., dba Kitchens by Design, extended its lease and expanded to a total of 7,146 square feet of retail space in Nora Corners, 1530 E. 86th St. The tenant was represented by Brett Burch of Valenti Real Estate Services Inc.  The landlord, DLC Management Corp., represented itself.

-Mackenzie River Pizza leased 5,500 square feet at The Corner, 11600 Westfield Blvd., Carmel. The tenant was represented by Andrew Clifford of 7D Commercial Real Estate.  The landlord, Corner Associates LP., was represented by Blake Beaver of Kite Realty Group.  

-AECOM leased 4,947 square feet at 4030 Vincennes Road. The tenant was represented by Tim Craft of CBRE. The landlord, Coastal Partners LLC, was represented by Tom Hadley and Matt Waggoner of Summit Realty Group.

-Garrison Law Firm LLC leased 4,268 square feet at Castle Creek III, 8720 Castle Creek Parkway. The tenant was represented by Paul Dick of Colliers International. The landlord, Castle Creek Parkway LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Pittsley Investment Group leased 4,029 square feet of office space at 9100 Keystone Crossing. The tenant was represented by Jonathan Hardy and James Shook of Coldwell Banker Commercial Realty Services. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.

-Laboratory Corp. of America leased 2,966 square feet at Shadeland Medical Building, 7914 N. Shadeland Ave. The landlord, Medical Shadeland Office LLC, was represented by Scott Levinson of Urbahns Property Group. The tenant represented itself.

-Accelerated Health Systems LLC leased 2,875 square feet at Cumberland Pointe Marketplace, 15887 N. Cumberland Road, Noblesville. The tenant was represented by Jonathan Sharp of Sharp Commercial Corp. The landlord, Cumberland Pointe Retail Commons LLC, was represented by Scott Levinson of Urbahns Property Group

-Little Caesar’s leased 2,400 square feet at Irvington Plaza, 6200 E. Washington St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, Irvington Plaza Associates, was represented by Patrick Boyle of Midland Atlantic.

-The Architecture Studio Inc. leased 1,883 square feet at Castle Creek V, 5750 Castle Creek Parkway. The tenant was represented by Dave Black Of Cresa Partners. The landlord, Castle Creek Parkway LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-WGP Enterprises Inc., dba Jimmy Stix Pizzeria, leased 1,810 square feet of retail space at Boardwalk Shoppes, 720 Adams St., Carmel.  The tenant was represented by Stacie Yeager of Encore Sotheby’s. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International.

-Elements Therapeutic Massage leased 1,610 square feet at Clearwater Shoppes, 3965 E. 82nd St.  The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.

-Kumon Learning Center leased 1,600 square feet at Hunter’s Run, 162-180 E. Carmel Drive, Carmel.  The landlord, The Fineberg Group, was represented by Patrick Boyle of Midland Atlantic Properties and Brian Fineberg of Fineberg Property Services. The tenant represented itself.

-Pandemonium leased 1,234 square feet at Madison on the Mall, 1211 N. Madison Ave., Greenwood. The tenant was represented by Brenda Richards of Carpenter Realtors. The landlord, Murnel Property LLC, was represented by Tracey Holtzman of Midland Atlantic Properties.

-Lakeshore Marketing leased 1,070 square feet at Allison Run III, 5511 E. 82nd St. The tenant was represented by Molly Miller of Newmark Knight Frank Halakar. The landlord, Urbahns Cos. Inc., was represented by Scott Levinson of Urbahns Property Group.

-Apex Infinite Solutions LLP leased 669 square feet at 120 E. Market St., Suite 607. The tenant and landlord, Felling Investment LLC, represented themselves in the transaction.

Sales/acquisitions

February 25, 2013

-SPG Contract Services LLC bought an 81,000-square-foot office building at 6319-6447 S. East St. The buyer was represented by Brady Clements of Skyline Property Group. The seller, Situs, was represented by Rebecca Wells of Cassidy Turley.

-Sims-Lohman bought a 52,064-square-foot building at 7113 S. Mayflower Park Drive. The buyer was represented by Chris Black of CBRE. The seller, Flex-Pac Inc., was represented by Steven Schaub of Summit Realty Group.

-Woldai Anday and Kinfe Tsige bought a 5,500-square-foot building at 2821 W. Washington St. The buyer was represented by Larry Gregerson of Century 21 Sheetz. The seller, Genco2821 LLC, was represented by Sandra Jarvis of IndySQUARED Commercial Real Estate.

Traffic reopens after bridge repaired

February 25, 2013

Road crews worked throughout the weekend repairing the Virginia Avenue bridge over Interstate 65 in Indianapolis so the highway could open in time for Monday morning traffic. The entrance to the south split of I-70 and I-65 was closed Friday afternoon when a semi-trailer carrying a cherry-picker struck the bridge.

INDOT to discuss I-69 work

February 25, 2013

The Indiana Department of Transportation plans a 6 p.m. public meeting Monday at the Fishers Train Station to outline this year’s Interstate 69 construction schedule. The meeting will cover ongoing work around Exit 205 (116th Street) and the State Road 37 interchange. After a delay in completing the northbound side of the interchange, the contractor plans to complete the work as soon as March 15. The same contractor will then move on to the southbound lanes. A separate contractor will add new lanes to I-69 between 116th Street and I-465.
 

Police seek assault suspect

February 25, 2013

Noblesville police are looking for a suspect who forced his way into a woman’s apartment just before 2 a.m. Sunday morning and assaulted her. The woman, who lives in Prairie Lakes Apartments, said a man was armed with a handgun and wore a ski mask and black clothes. The woman said the man forced her onto the floor but he fled after she fought back. She suffered minor injuries.
 

People

February 25, 2013

Paul Halverson has been appointed founding dean of the new Indiana University Richard M. Fairbanks School of Public Health at IUPUI. Halverson, 54, has served as director and state health officer for the Arkansas Department of Health since 2005. Prior to his work in Arkansas, Halverson held several positions at the Centers for Disease Control and Prevention. Halverson earned a bachelor’s degree in communication and a master’s degree in health services administration from Arizona State University. He also earned a doctorate in public health from the University of North Carolina.

Jay Brehm has been appointed senior vice president of strategic planning and business development for Franciscan Alliance, a Mishawaka-based hospital system. Brehm currently is the chief financial officer at Franciscan St. Francis Health, which operates Franciscan’s three Indianapolis-area hospitals. Brehm holds a bachelor’s degree in accounting and an MBA from Ball State University.

Dr. Thomas Wisler has joined Franciscan Physician Network McFarland Gynecologic Specialists on the south side. Wisler received a bachelor’s degree from the University of Florida and a medical degree from Creighton University School of Medicine.

Titus Schleyer has been named to lead the Center for Biomedical Informatics at Indianapolis-based Regenstrief Institute. Schleyer is an associate professor of dental public health at the University of Pittsburgh and founding director of the Center for Dental Informatics in the School of Dental Medicine. Schleyer earned doctorates in dental medicine and molecular biology at the University of Frankfurt am Main in Germany. He subsequently received a second dental degree and an MBA in health administration from Temple University in Philadelphia.

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