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Bill advances to loosen Indiana superintendent rules

January 29, 2013

Local school superintendents would no longer have to hold an Indiana superintendent's or teacher's license under a bill endorsed by an Indiana House committee.

Judge clears two horsemen from defamation suit

January 29, 2013

A federal judge has released two Indiana horsemen from the ongoing defamation and conspiracy case brought by Ed Martin Jr., a former car dealer and thoroughbred breeder.

Indians should holler loudest about ticket tax increase

January 29, 2013

Is Indianapolis' minor league baseball team getting a raw deal from the city? A look at their lease deal compared to the Indiana Pacers and Indianapolis Colts might make you think so.

Division of Carmel firm plans 300 jobs in Fort Wayne

January 29, 2013

Accelerated Tanks and Trailers, a division of a Carmel-based company, plans to open a Fort Wayne manufacturing plant that could bring about 300 new jobs to northeast Indiana by 2016.

City-County Council approves north-side TIF district

January 29, 2013

A new redevelopment area will be created on the north side, as the Indianapolis City-County Council voted 23-5 Monday night in favor of the North Midtown tax-increment finance district.

Life sciences consultancy plans to expand, add 38 jobs

January 29, 2013

Indianapolis-based Pearl Pathways, founded by two former Eli Lilly employees, plans to move into new space in March and add the jobs by 2016.

Bales defense: Elkhart deal was a ‘scheme to help’

January 29, 2013

Facing a looming deadline to find suitable office space for the state Department of Child Services, Indianapolis real estate broker John M. Bales and partner Bill Spencer in 2008 dipped into their own pockets to help close a difficult lease deal, their defense attorneys contend.

Lilly’s profit drops 4 percent, but beats analysts’ estimates

January 29, 2013

Price increases and sales gains helped Eli Lilly and Co. offset declining revenue from its former blockbuster Zyprexa in the fourth quarter, allowing the company to beat analysts' expectations and raise its 2013 profit forecast.

Uninsured children expected to grow Medicaid rolls

January 29, 2013

The analyst hired by the state to estimate the impact of the federal health care law told Indiana lawmakers Tuesday that an unintended consequence could unearth tens of thousands of children who qualify for Medicaid but are not enrolled.

Council OKs tax hikes on tickets, car rentals

January 29, 2013

The Indianapolis City-County Council on Monday night approved tax hikes to admissions to downtown events and on rental cars.

Colts GM Grigson named NFL executive of year

January 29, 2013

Indianapolis Colts General Manager Ryan Grigson has been named Sporting News' NFL Executive of the Year, the publication announced Monday.

Residential

January 28, 2013

The average rate for 30-year mortgages rose from 3.60 percent to 3.66 percent in the week ended Jan. 23, according to Bankrate.com. The rate for 15-year mortgages rose from 2.89 percent to 2.94 percent.

Construction

January 28, 2013

-TMG Construction Management Inc. has begun construction on Bakersfield Mass Ave, a 3,800-square-foot restaurant at 334 Massachusetts Ave. -Capitol Construction has completed a 4,800-square-foot office build-out for the March of Dimes at 6330 E. 75th St.

People

January 28, 2013

Rich Forslund and Matt Langfeldt have been named partners at Summit Realty Group.

2013 Forty Under 40: Corey L. Wilson

January 28, 2013

Corey Wilson ensures that minority- and women-owned companies have a fair shot at doing business with Indianapolis International Airport.

2013 Forty Under 40: Sahara L. Williams

January 28, 2013

Since Sahara Williams started her own engineering firm five years ago, she’s delivered on a number of high-profile projects.

2013 Forty Under 40: Bryan R. Wade

January 28, 2013

The next time you’re shopping and the cashier asks you if you would like to receive e-mail notices of sales and specials, think of Bryan Wade.

2013 Forty Under 40: Travis Tucker

January 28, 2013

With the surname Tucker, Travis Tucker seemed destined to work in real estate.

“I get that all the time,” said Tucker, who is not related to the family that founded the locally headquartered F.C. Tucker Co. real estate brokerage, but instead is a vice president at Duke Realty Corp., where he handles health care projects in the Midwest.

Leases/leasing contracts

January 28, 2013

-Harshman Property Services LLC has been hired to lease and manage The Barrister Building at 155 E. Market St. and The Stock Yards Bank Building at 136 E. Market St. The buildings encompass 115,000 square feet of office space. Harshman's leasing representatives are Larry Harshman and Dawn McClanahan.

-Surgical Care Affiliates leased a 14,916-square-foot office building at Meridian Mark II, 11711 N. Meridian St., Carmel. The tenant was represented by Sam Smith of Colliers International. The landlord, Zeller Realty Group, was represented by Mark Vollbrecht of Zeller Realty Group.

-CD Enterprises leased 10,732 square feet of office space at 10 W. Market St. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, HDG Mansur, was represented by Andrew Martin, Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley.
 
-Indiana Department of Administration leased 9,518 square feet of office space at 30 S. Meridian St. The tenant was represented by Michael Corr and Jake Sturman of Jones Lang LaSalle. The landlord, Kite Realty Group, was represented by John Crisp and Mike Semler of Cassidy Turley.

-The Phoenix Group Inc. renewed its lease for 9,106 square feet of office space at 164 South Park Blvd., Greenwood. The tenant was represented by Rick Suja of Colliers International. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.

-Orbital Customs Inc. leased 4,960 square feet at 9750 E. 150th St., Noblesville. The tenant was represented by Cam Kucic of Summit Realty Group. The landlord, Noblesville Business Partners LLC, was represented by Chip Barnes of Jones Lang Lasalle.  

-Mutual of Omaha Insurance Co. leased 4,388 square feet of office space at 9100 Keystone Crossing. The tenant was represented by R.J. Rudolph, Tom Osborne, and Kim Hartman of Colliers International. The landlord, Keystone Investors LLC, was represented by Abby Cooper and John Robinson of Jones Lang LaSalle.

-The Steritech Group Inc. renewed its lease for 3,980 square feet at 122 South Park Blvd., Greenwood. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

-Scientific Image Center Management Inc. leased 3,497 square feet of office space at 12265 Hancock St., Carmel. The tenant was represented by Timothy Craft of CBRE. The landlord, Carriger Properties LLC, was represented by Bryan Miller of Cassidy Turley.

-DCT Industrial Supply Co. leased 2,700 square feet at 5855 Kopetsky Drive. The landlord, Gateway South Industrial Park, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.

-PEARings Frozen Yogurt & Beyond leased 2,177 square feet of retail space at 6 W. Washington St. The landlord, Two North Meridian Co., was represented by Nicholas Wright of Newbridge Commercial Real Estate. The tenant represented itself.

-Lumberman's Underwriting Alliance leased 2,125 square feet of office space at 10333 N. Meridian St. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-DAST Consulting leased 1,713 square feet of office space at 5455 W. 86th St.  The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.

-Penn Station East Coast Subs leased 1,600 square feet at 2558 E. State Road 44, Shelbyville. The tenant was represented by Nicholas Wright of Newbridge Commercial Real Estate. The landlord, SHIV Development LLC, represented itself.

-Body by GymRoots leased 1,523 square feet of office space at 11946 11980 Fishers Crossing Drive, Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
 
-Star Nails leased 1,400 square feet of retail space in Stafford Crossing, 2230 Stafford Road, Plainfield.  The landlord, LOR Corp., was represented by Brett Burch and Jeff Daniel of Valenti Real Estate Services Inc. The tenant represented itself.  
        
-Defender Direct leased 1,059 square feet at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.

-The Gabriel Project extended its 684-square-foot lease at 5455 W 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.

2013 Forty Under 40: Chasity Q. Thompson

January 28, 2013

As a lawyer working in higher education to help other lawyers, Chasity Thompson believes she has the best of both worlds.

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