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Leases/leasing contracts

September 24, 2012

-American Signature Inc. leased 51,441 square feet of retail space at 5410-5540 E. 82nd St. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley. The tenant represented itself.

-Geist Montessori Academy leased 15,000 square feet at 6633 W. 900 N., McCordsville. The tenant was represented by Shane Tilton of Your Home Company Realty. The landlord, Geist Partners LLC, was represented by Jeff Merritt of Summit Realty Group.

-DuBois Chemical Inc. leased 9,600 square feet of industrial space at 8201-8243 Zionsville Road. The tenant was represented by Glenn Davis of Colliers International. The landlord, ProLogis, was represented by Brian Seitz of Jones Lang LaSalle. 

-City Barbeque leased 5,000 square feet at Westside Center, 617 W. 11th St. The tenant was represented Steve Delaney of Sitehawk Retail Real Estate. The landlord, Westside Development Corp., was represented by John Schick of Schick Properties.

-Mattress Firm Inc. leased of 4,682 square feet of retail space at 9893 N. Michigan Road, Carmel. The landlord, CASTO, was represented by Jacque Haynes and John Byrne of Cassidy Turley. The tenant represented itself.

-Verizon Wireless leased 3,500 square feet at 10651 E. U.S. 36, Avon. The tenant was represented by Patrick Boyle and Tracey Holtzman of Midland Atlantic.  The landlord, Broadview Properties Partnership, was represented by John Byrne of Cassidy Turley.

-Select Staffing leased 2,400 square feet at Main Street Crossing, 148 N. Perry Road, Plainfield. The tenant was represented by Liam Murphy of Hayes Commercial Group. The landlord, Tabani Main Street Crossing LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.

-Manpower Inc. leased 1,854 square feet of retail space at 7216 N. Keystone Ave. The tenant was represented by Patti Lorensen of Mohr Partners. The landlord, International Furniture Imports Inc., was represented by John Byrne and Bo Leffel of Cassidy Turley.

-Green Apple Active leased 1,600 square feet of retail space at 4335 W. 106th St., Carmel. The tenant was represented by Jacque Haynes of Cassidy Turley. The landlord, Lawndale Plaza LLC, was represented by Paul Rogozinski of Veritas Realty LLC.

-Skinquake Precision Tattooing Inc. leased 1,500 square feet of retail space at 3115 Meridian Parke Drive, Greenwood. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.  
 
-Canine Cloud Nine leased 1,395 square feet of retail space at 110 W. Main St., Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Keystone Construction Corp., represented itself.

-Sport Clips leased 1,293 square feet at Hamilton Crossing Centre, U.S. 31 and West Carmel Drive, Carmel. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Kite Realty Group, was represented by Andrew Hasbrook of Kite.
 
-Edible Arrangements leased 1,263 square feet of retail space at 1950 2000 E. Greyhound Pass, Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Simon Property Group Inc., represented itself.

-Meat Masters leased 1,200 square feet of retail space at 1901 1943 Melody Lane, Greenfield. The landlord, Lor Corp., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Boost Mobile leased 1,200 square feet of retail space in Plaza of the Americas, 2001 W. Washington St. The tenant was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.  The landlord, Tharp Investments, represented itself.

-Natural Nails leased 1,200 square feet of retail space at 8958 8974 E. 96th St., Fishers. The landlord, Cassidy Turley, acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-MaidPro of Carmel leased 1,170 square feet at Hunters’ Run Shopping Center, 172 E. Carmel Drive, Carmel. The tenant was represented by Ryan Zickler of Zickler Associates.  The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties.

Construction

September 24, 2012

-Charles C. Brandt Construction Co. has completed the demolition and rebuilding of 12,000 square feet of office space for Arcadis on the sixth floor of 132 E. Washington St.

-Capitol Construction has completed a 2,400-square-foot office build-out for LaSalle Street Securities at 8555 River Road.

-Capitol Construction has completed a 4,000-square-foot office build-out for Gibson Insurance at 8910 Purdue Road.

Residential

September 24, 2012

The average rate for 30-year mortgages fell to 3.70 percent from 3.81 percent in the week ended Sept. 19, according to Bankrate.com. The rate for 15-year mortgages fell to 2.95 percent from 3.04 percent.

Sales/acquisitions

September 24, 2012

-The Mooresville Redevelopment Commission bought Southbridge Crossing, a 54,544-square-foot, movie-theater-anchored retail complex at State Road 67 and Indiana Street, Mooresville. The seller, Brown Bark I LP, was represented by Jeff Hubley of Midland Atlantic Properties. The buyer represented itself.

-Ascension Health Ministry Service Center LLC bought a 143,422-square-foot office building at 4040 Vincennes Circle. The seller, Eleven Fortune Park LP, was represented by Rebecca Wells and Jon Owens of Cassidy Turley and Ron Foster of Echelon Realty Advisors. The buyer represented itself.
 
-GFS Marketplace Realty Five LLC bought a 16,169-square-foot retail center on 1.48 acres at 3620 Bethany Road. The buyer and seller, NMR LLC, were represented by David Simons of Velocity Commercial Real Estate.

New justice to join court in November

September 24, 2012

Indiana’s first female Supreme Court justice since 1999 says she expects to formally join the state’s highest court in early November. Loretta Rush, of Lafayette, was named to the court Sept. 14 by Gov. Mitch Daniels to fill a vacancy left when Justice Frank E. Sullivan Jr. retired in July to teach law. Rush, 54, plans to remain in Lafayette and commute daily to Indianapolis.
 

Man fatally shot on west side

September 24, 2012

A man was shot to death near West 16th Street and North Tibbs Avenue on Sunday night in Indianapolis. Officers called to the scene in the 1900 block of North Exeter Avenue at about 7:30 p.m. found the victim in the driveway of a home, suffering from a gunshot wound to the chest. The homeowner was taken into custody for questioning.
 

Bill for Medicaid expansion? $516M a year

September 24, 2012

If Indiana expands its Medicaid program as called for under President Obama’s health reform law, it likely will hike state spending on the program an extra 13.5 percent—or $516 million annually—by 2020, according to the latest projections from Seattle-based actuarial firm Milliman Inc.

Locally based Synovia merging to create new company

September 24, 2012

Synovia and Everyday Solutions Inc. in Massachusetts are combining to form Synovia Solutions, which will be based in Indianapolis. Both companies provide GPS-driven products to help manage school transportation services.

Lilly competitor Novo investing $100M in China

September 24, 2012

Novo Nordisk A/S, the world’s largest insulin maker, plans to spend $100 million on research in China. The move follows a similar one by Indianapolis-based Eli Lilly, which opened a 150-person research center in Shanghai in May.

Local attorney facing fraud charges dropping lawyers

September 24, 2012

Richard Kammen and Dorie Maryan, who are representing William F. Conour, will ask a federal judge Thursday to be removed from the case, at the request of Conour, citing a strained relationship.

Indians attendance increases for fourth straight year

September 24, 2012

A strong regular season and a playoff run pushed attendance at Indianapolis Indians home games to its best mark in four years and fourth best at Victory Field since 2000.

State decides not to open Kokomo bypass early

September 24, 2012

State highway officials had considered opening a four-mile stretch of a U.S. 31 bypass around Kokomo this fall, but now they say motorists won't be able to drive on the road until next year.

Citizens agrees to buy Westfield utilities for $91M

September 24, 2012

The proposed sale to Citizens Energy Group would include Westfield’s water and wastewater utilities. Citizens bought water utilities from the city of Indianapolis last year for $1.9 billion.

Jay stepping down as CEO of TechPoint

September 24, 2012

Jim Jay, president and CEO of statewide technology advocacy group TechPoint for the past six years, is leaving to take a job in the private sector.

Billie Creek up for auction after sealed bids fail

September 24, 2012

The Parke County historic site's land, buildings and antiques will be auctioned publicly on Oct. 20 during the county's Covered Bridge Festival.

ISO calls off more performances over labor battle

September 24, 2012

The Indianapolis Symphony Orchestra announced Sunday night that it has called off shows scheduled for Thursday, Friday and Saturday due to its ongoing labor dispute with ISO musicians.

Daniels tackles skeptics, prepares for Purdue job

September 22, 2012

Indiana Gov. Mitch Daniels is meeting skeptics head-on as he educates himself about the challenges he'll face as the next president of Purdue University.

Lawsuit tests Indiana’s ‘take your gun to work’ law

September 22, 2012

New provisions of Indiana gun laws that allow people to keep guns in their cars at work and prohibit employers from asking about gun possession will get their first test in a lawsuit filed by an Indianapolis man.

Lilly’s Cialis gets European endorsement for new use

September 21, 2012

A European committee has endorsed the use of Eli Lilly and Co.'s erectile dysfunction drug Cialis to treat symptoms tied to an enlarged prostate.

Indy hotel to pay $355,000 to settle race lawsuit

September 21, 2012

The operators of an Indianapolis hotel have agreed to pay $355,000 to settle allegations they underpaid and fired African-American housekeepers because of their race.

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