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Johnson picked to succeed Miles as leader of CICP

December 18, 2012

BioCrossroads CEO David Johnson has been chosen president and CEO of the Central Indiana Corporate Partnership, succeeding Mark Miles, who is leaving the CICP after seven years to become CEO of Hulman & Co.

Convicted financier Durham says he can’t afford a lawyer

December 18, 2012

An Indiana financier and former chief executive of National Lampoon who was convicted of swindling investors out of about $200 million says he can't afford to hire an attorney to handle his appeal.

Skillman to lead southern Indiana development group

December 18, 2012

Lt. Gov. Becky Skillman is heading south after she leaves the Indiana Statehouse to lead an economic development group revolving around the Crane Naval Surface Warfare Center.

Crash clogs up I-65 off-ramp

December 18, 2012

An overnight accident involving two semitrailers closed an interstate exit ramp in Boone County. Police said a semi driving on the southbound I-65 ramp to eastbound I-865 apparently jackknifed about 12:30 a.m. The second truck couldn't slow down in time and crashed into it. Neither driver was seriously injured and the ramp reopened about 6 a.m.

Shooter gets 50-year sentence

December 18, 2012

A man who got into a shootout with Shelbyville police in January has been sentenced to 50 years in prison. Officers shot and seriously wounded 23-year-old Lyman Dawson when they say he fired in their direction as they tried to catch him after he had shot at residents who spotted him trying to break into a car. The Whiteland resident pleaded guilty in August to attempted murder and other charges. Dawson said during Monday's sentencing hearing that he had been using the synthetic drug known as bath salts before the shooting.

Unidentified dead man found in car

December 18, 2012

Indianapolis police investigators are awaiting autopsy results to help them identify the victim of a fatal shooting on the city's southeast side. The victim was found about 7:15 p.m. Monday in the back seat of a car at English Village Apartments near Shortridge Road and English Avenue about 7:15 p.m. The man suffered a gunshot wound to his face.

Crossroads Classic pleases fans, but long-term future uncertain

December 18, 2012

The two-year trial of the Crossroads Classic doubleheader basketball event has drawn capacity crowds to Indianapolis. But there are still scheduling concerns to be worked out if the fledgling event is to become a long-term college basketball tradition.

Lilly OKs $1.5B share buyback, first quarter dividend

December 18, 2012

Indianapolis-based drugmaker Eli Lilly and Co. said Monday that its board authorized a $1.5 billion share-repurchase program, which the company expects to complete next year.

Speculation grows about Butler leaving Atlantic 10

December 18, 2012

Butler University President James Danko has said little to counter reports that Butler is considering leaving the Atlantic 10 Conference for a newly formed league.

Calumet Specialty buys Texas refinery for $115M

December 18, 2012

Indianapolis-based Calumet Specialty Products Partners LP said Monday that it is buying NuStar's San Antonio, Texas, refinery assets for about $115 million.

Carbon Motors plans to build different vehicle in Indiana

December 18, 2012

A company planning to one day build high-tech police cars in a vacant eastern Indiana auto parts factory says it has a second vehicle that it plans to produce in Indiana.

Chrysler plans 400 more jobs, $212M expansion in Kokomo

December 18, 2012

Chrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that could add more than 400 jobs.

Construction

December 17, 2012

-Capitol Construction has completed a 5,000-square-foot retail build-out for Salon Lofts at 8555 River Road.

-Capitol Construction has completed a 6,300-square-foot build-out for Imani Christian Church at 3754 Commercial Drive.

-D.B. Klain Construction LLC has completed a 13,000-square-foot remodel for Dollar General at 3827 N. College Ave.  

-D.B. Klain Construction LLC has completed a 4,200-square-foot office build-out for the Indiana Bureau of Motor Vehicles at 9245 N. Meridian St.

-Gibson Commercial Construction has been awarded the construction contract for a 26,000-square-foot office build-out for Endress + Hauser Automation Instrumentation Inc. at 2340 Endress Place, Greenwood.

People

December 17, 2012

Elaine Sholty has been appointed director of relocation and operations management for F.C. Tucker, and Debbie Morris has been hired as director of relocation and corporate development. They replace Sandy Warstler, Tucker's director of relocation and corporate services, who is retiring Dec. 31.

Residential

December 17, 2012

The average rate for 30-year mortgages climbed from 3.50 percent to 3.52 percent in the week ended Dec. 12, according to Bankrate.com. The rate for 15-year mortgages was unchanged at 2.85 percent.

Leases/leasing contracts

December 17, 2012

–John Hanley and Terry Busch of CBRE have been hired to sublease a 177,891-square-foot manufacturing plant on 9.9 acres at Exit Five Parkway near Interstate 69 and 116th Street. The plant, which is being vacated by Diamond Foods Inc. in January, will be available for sublease in February.

-Channeled Resources Group leased 48,600 square feet of industrial space at 6555 E. 30th St. The tenant was represented by Luke Wessel of Cassidy Turley. The landlord, First Industrial Realty Trust, was represented by Brian Seitz and Brian Buschuk of Jones Lang LaSalle.
 
-Peng Li International Trading Inc. leased 27,657 square feet of industrial space at 1710 Jenkins St. The tenant was represented by J.D. Graves of CBRE. The landlord, Brookside Industrial Center LLC, was represented by Fritz Kauffman and Michael Weishaar of Cassidy Turley.

-Silicis Technologies Inc. leased 12,000 square feet of industrial space at 17110 Westfield Park Road, Westfield. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, James Thomas, was represented by Drew Pattyn of Northern Commercial.

-Carpet Decorators Inc. leased 9,600 square feet of industrial space at 5711 5741 W. Minnesota St. The tenant was represented by Bryan Poynter of Cassidy Turley. The landlord, Duke Realty Corp., was represented by Duke's Mark Hosfeld.

-Colliers International leased 7,614 square feet of office space at 9339 Priority Way West Drive. The tenant was represented by Sam Smith of Colliers International. The landlord, Pace Properties, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.

-Interactions Corp. leased 5,878 square feet of office space at 3035 N. Shadeland Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, First Highland, was represented by Bennett Williams of Cassidy Turley.

-Accurate Laser renewed its lease for 5,400 square feet of industrial space at Andrade Industrial, 10658 Andrade Drive, Zionsville. The landlord, Andrade Industrial LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

-Advanced Construction leased 3,200 square feet of industrial space at Brookville Park 52, 8464 Brookville Road. The landlord, Brookville P52 LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.

-Powder Metal leased an additional 3,050 square feet of industrial space at Brookville Park 52, 8458 Brookville Road. The landlord, Brookville P52 LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.  
 
-Accelerated Health Systems Inc. leased 2,800 square feet at Greenwood Springs Shopping Center, 1273 Emerson Ave., Greenwood. The tenant was represented by Jonathan Sharp of Sharp Commercial Corp. The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate.

-Keith McClain leased 2,800 square feet of industrial space at Brookville Park 52, 8426 Brookville Road. The landlord, Brookville P52 LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.  

-CompareNetworks Inc. leased a 2,498-square-foot office space at Delaware Crossing I, 10150 Lantern Road, Fishers. The landlord, Genesis Development Group LLC, was represented by Paul Dick and Kevin Dick of Colliers International.  The tenant represented itself.

-Upland Brewing Co. leased 2,400 square feet at 116th Street Centre, 820 E 116th St., Carmel. The tenant was represented by Dave Harstad of Summit Realty Group. The landlord, TCP Guilford LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
 
-Heartland Dental Care leased 2,400 square feet of retail space at 5855 5905 S. Madison Ave. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Isushi Cafe leased 2,317 square feet at 116th Street Centre, 820 E. 116th St., Carmel. The landlord, TCP Guilford LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-McNamara Florist leased 2,262 square feet of retail space in Fall Creek Harbour, 10106 Brooks School Road, Fishers. The tenant was represented by Bill French of Cassidy Turley. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson of Lee & Associates.

-R&J Management Group Inc. dba Orange Leaf Yogurt leased 2,120 square feet of retail space in Greenfield Station Shopping Center, 1917 Melody Lane, Greenfield. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Rangeline Chiropractic leased 1,875 square feet of retail space at 614 622 S. Rangeline Road, Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Mohawk Management Inc., represented itself.

-Neat O Inc. leased 1,874 square feet of retail space at 724 Broad Ripple Ave. The tenant was represented by Brooke Sipe of Alliance Commercial Real Estate. The landlord, Ossip Real Estate LLC, was represented by Jacque Haynes and Bennett Williams of Cassidy Turley.

-Precious Point Inc. leased 1,222 square feet of office space at 301 E. Carmel Drive, Carmel. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, Carmel 301 LLC, was represented by Kevin Dick of Colliers International.

Sales/acquisitions

December 17, 2012

-JP Indy I LLC bought a 159-pad mobile home park at 4000 Foltz Road. The buyer and seller, Empire TFI Indy Holdings LLC, were represented by Bob Lindgren and Ron Mannon of Lee & Associates.

-H&R Property Services LLC bought a 23,400-square-foot industrial building at 11230 N. State Road 67, Mooresville. The buyer and seller, JAL Revocable Trust, were represented by Mike Kensill of Lee & Associates.

-Galileo Properties LLC bought an 18,524-square-foot building on 1.72 acres at 1555 S Franklin Road. The seller, Brown & McCoy LLC, was represented by Cam Kucic of Summit Realty Group. The buyer represented itself.

-Sparton Warehouse & Distribution bought a 123,713-square-foot building at 3333 Mesilla Court. The buyer was represented by Kevin Kirkpatrick of Prudential Indiana and Dallas Paul of The Danberry Co. The seller, MAE Holding Co., was represented by Cam Kucic and Mike Lubbers of Summit Realty Group.                

-Hoosier Bear Realty LLC bought a 7,200-square-foot building at 2553 Emerson Access. The buyer was represented by Cam Kucic of Summit Realty Group. The seller, Lawn Care Services Inc., was represented by Matt McGrady of Summit Realty Group.

-Bagger Dave’s Burger Tavern bought a 1.27-acre outlot at Gable Crossing, 9646 E. U.S. 36, Avon. The buyer was represented by Robyn Smart of Lee & Associates.  The seller, HV Real Estate Corp., was represented by Christian Conville of Echo Retail.

Developer close to starting project at 116th, Springmill

December 17, 2012

Gershman Brown Crowley Inc. is in the process of getting design approval from the city of Carmel for a 9,600-square-foot retail building and a 13,200-square-foot CVS pharmacy.

Indiana Film Journalists pick top films of 2012

December 17, 2012

Dark horse “Safety Not Guaranteed” nabs Best Film. Jon Vickers, founding director of IU Cinema, honored.

Auditors: Tech issues, worker rush led to state tax errors

December 17, 2012

Auditors investigating Indiana's Department of Revenue are saying outdated technology and a work culture that sacrificed accuracy for speed led to $526 million in tax errors from the state.

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