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Sales/acquisitions
-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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
Wind farm in limbo over tax-credit uncertainty
Unless Congress votes to extend renewable energy tax credits by the end of the year, E-on Climate & Renewables has to have all 125 wind turbines operational in Phase 1 of the Wildcat Wind Farm in northern Madison County and eastern Tipton County.
Father arrested for taking baby on moped
An Indianapolis father was arrested Wednesday night for driving his moped on a busy street while holding his infant daughter. Patrick Monaghan, 23, took his 11-month-old daughter for a ride by his home near East Epler Avenue. A maintenance worker called police after seeing the incident. Monaghan was taken to Marion County Jail on child-neglect charges and the baby was removed from the home by the Department of Child Services.