Owner of Kahn’s Fine Wines puts real estate up for sale
The owner of Kahn's Fine Wines & Spirits is trying to sell two buildings where it operates, one downtown and another along 86th Street at Township Line Road.
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The owner of Kahn's Fine Wines & Spirits is trying to sell two buildings where it operates, one downtown and another along 86th Street at Township Line Road.
A Cicero-based developer has won city approval to build a $15.7 million senior health care center at 16th Street and Arlington Avenue on Indianapolis’ east side. The city’s Metropolitan Development Commission gave its blessing Sept. 19 after accepting an offer from Mainstreet Property Group LLC to purchase the property for $912,500. The city bought the nine-acre parcel from the federal government for $1 in September 2004. It had been used by Raytheon Technical Services Co. LLC. Nearly half of the project’s cost could be financed by $7.4 million in city-issued bonds. Mainstreet’s plans for the center call for 70 skilled-nursing and 30 assisted-living beds. The facility is expected to create up to 150 jobs, Mainstreet officials said. The project would be Mainstreet’s first newly constructed facility in Marion County. In 2006, it purchased out of bankruptcy the Highland Health and Living Center in Indianapolis at 2926 N. Capitol Ave. The company owns or co-owns 13 senior health care centers in Indiana, Illinois and Ohio, and has six more under development. It plans to break ground on up to 12 centers by the end of the year, including a $13.3 million facility in Westfield.
A European Union committee has endorsed the use of Eli Lilly and Co.'s erectile dysfunction drug Cialis to treat symptoms tied to an enlarged prostate, according to the Associated Press. The EU’s Committee for Medicinal Products for Human Use recommended approval of Cialis for benign prostatic hyperplasia. The condition often comes with such symptoms as the need to urinate urgently and frequently. The European Commission usually decides on the committee's opinion within a month or two, Lilly said Friday. The Commission is not required to adopt the committee recommendation, but it usually does. The U.S. Food and Drug Administration approved Cialis last fall for the treatment of symptoms of an enlarged prostate. Regulators also have approved the use in Canada, Mexico and Brazil, among other countries. Cialis brought in $1.88 billion last year. Its patents will last until 2017.
Indiana’s adult obesity rate is predicted to climb from 25 percent now to 56 percent by 2030, according to new projections released by the Trust for America’s Health and the Robert Wood Johnson Foundation. That shocking increase would move Indiana from the 38th-most-obese state now to the 26th-most-obese state. Mississippi is predicted to lead the nation in obesity in 2030, as it does now. And even Colorado, which has the least obese population—with only 21 percent obese—is predicted to have 45 percent of its adults obese in 2030. The report, titled "F as in Fat,” was released on Sept. 18. “This study shows us two futures for America’s health,” said Dr. Risa Lavizzo-Mourey CEO of the New Jersey-based Robert Wood Johnson Foundation. "At every level of government, we must pursue policies that preserve health, prevent disease and reduce health care costs. Nothing less is acceptable.”
Dr. Kristina Whitesell, a pediatrician, has established a practice with Franciscan Physician Network Heartland Crossing Pediatrics in Camby. Whitesell earned her medical degree at Washington University School of Medicine in St. Louis and also earned a bachelor’s degree in biochemistry from Gustavus Adolphus College in Minnesota.
Indianapolis law firm Hall, Render, Killian, Heath & Lyman has hired attorney Janelle McIntyre as part of its Indianapolis litigation group. McIntyre completed her undergraduate studies at Indiana University and earned her law degree at IU McKinney School of Law.
After nearly 30 years as an attorney at Indianapolis law firm Riley, Bennett & Egloff, Mary Reeder has accepted a position as in-house general counsel at Reid Hospital & Health Care Services in Richmond.
Victor Vinci has joined Bloomington-based Cook Pharmica as chief scientific officer. Prior to joining Cook, Vinci worked many years at Eli Lilly and Co. in Indianapolis. He also spent six years at Merck & Co. Inc. He holds a master’s degree and a doctorate in microbiology from The Ohio State University. He also holds a bachelor’s degree in chemistry and microbiology from Bowling Green State University.
You know things are bad in the fiercely competitive pharma industry when drugmakers start turning to each other for help. But that’s exactly what happened last week when 10 major drug companies—including Eli Lilly and Co.—joined forces to cut costs out of clinical trials.
-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.
-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.
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.
-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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
The Parke County historic site's land, buildings and antiques will be auctioned publicly on Oct. 20 during the county's Covered Bridge Festival.
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.