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Teacher evaluation rule to tax principals’ time

Indiana school principals will begin evaluating all teachers this year under a 2011 law that ties teacher performance to merit pay. But the new responsibilities are sparking worries that administrators will be stretched too thin.

Judge gives Emmis OK to hold shareholder vote

A federal judge on Friday gave Emmis Communications Corp. the green light to proceed with a shareholder vote that could wipe out $34 million in unpaid preferred shareholder dividends.

Ex-concrete plant to be razed for Greenwood nature area

A former concrete plant in Greenwood faces the wrecking ball to make room for a wider road. The city plans to raze the former Prairie Materials concrete plant so it can turn Worthsville Road into a major boulevard that can handle traffic from a planned Interstate 65 exit.

Union: ISO threatening to cancel shows if demands not met

Union representatives for the Indianapolis Symphony Orchestra’s musicians said Friday that management intends to call off the first two weeks of the season if the performers do not accept the current contract proposal by Sept. 7.

Python on loose at Fishers school

A search was underway Friday morning after a 3-foot python escaped its cage at Fishers Junior High School. The snake, named Rocky, was kept in a seventh-grade science classroom and is still believed to be in the room. Officials say the python does not have fangs, is not venomous, is very lethargic and was raised by a family with children. Animal control crews arrived to the school Friday morning to search for the missing snake.

Man shot to death on west side

Indianapolis detectives are investigating a shooting death on the city's west side Thursday night. A 26-year-old man suffering from a gunshot wound died at the scene in the La Esmeralda apartment complex in the 3600 block of Green Ash Court just after 10 p.m. Police are looking for witnesses and tips.

Local home owner shoots intruder

A homeowner says he shot and wounded a man who had broken into his family's home Friday morning near Decatur Central High School on the southwest side of Indianapolis. Wallace Turner said he, his wife and their 5-year-old daughter were sleeping when the intruder kicked open their home’s back door Friday about 1:45 a.m. Turner says he confronted the man and shot him in the leg. The intruder collapsed behind the house and was taken to the hospital in good condition. Police are investigating to see if the man was responsible for several other home break-ins in the neighborhood earlier in the night.

Free A&E Season Preview show

Upcoming event offers a chance to see and hear from some of Central Indiana’s top performing arts groups.

Eli Lilly’s top lawyer to retire at end of year

Indianapolis-based drugmaker Eli Lilly and Co. said Thursday its general counsel, Robert Armitage, will retire at the end of the year and be replaced by deputy general counsel Michael Harrington.

Drug company makes $181M settlement with states

Janssen Pharmaceuticals Inc. and parent company Johnson & Johnson on Thursday announced a $181 million settlement with 36 states, including Indiana, and the District of Columbia over charges of marketing anti-psychotic drugs for non-approved uses.

Residential

The average rate for 30-year mortgages fell from 3.91 percent to 3.80 percent in the week ended Aug. 29, according to Bankrate.com. The rate for 15-year mortgages fell from 3.12 percent to 3.03 percent.

Leases/leasing contracts

-Phillips Feed Services leased 85,625 square feet of industrial space at 5851 W. 80th St. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, Prologis, represented itself.

-Nussli (US) LLC leased 39,736 square feet of industrial space at 6501 Bluff Road. The tenant was represented by Todd Vannatta of Cassidy Turley. The landlord, Bluff Road Properties LLC, represented itself.

-SXC Health Solutions Inc leased 12,474 square feet at 150 W Market St. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, National Education Association Properties Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Semio renewed its lease for 12,200 square feet at Intech 11, 6625 Network Way. The tenant was represented by Zane Brown of CBRE. The landlord, Network Way Properties LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Theoris Group Inc. leased 12,095 square feet at 8888 Keystone Crossing. The tenant was represented by David Moore of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.  

-Electronic Manufacturing Solutions leased 10,250 square feet of industrial space at 1511 Hancel Parkway, Mooresville. The tenant was represented by Steve Schaub of Summit Realty Group. The landlord, D.A. Green LLC, was represented by Patrick Lindley of Cassidy Turley.

-Dale & Eke Professional Corp. leased 5,290 square feet at 9100 Keystone Crossing. The tenant was represented by Nick Svarczkopf of CBRE. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Hendricks County Child Advocacy Center Inc. leased 4,117 square feet of office space at 7519 Beechwood Center Road, Avon. The landlord, Avon Medical Building LLC, was represented by Jason Alsup and Allen Culpepper of RE/MAX Centerstone. The tenant represented itself.

-Midland Atlantic Properties Inc. leased 3,352 square feet at 9000 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.

-American Society of Clinical Pathology leased 3,178 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.

-Art with A Heart leased 2,289 square feet at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, The National Bank of  Indianapolis, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar. The tenant represented itself.

-Wound Healing Care Centers of Indiana leased 2,000 square feet of medical space at 8355 Rockville Road. The tenant and landlord, Cloverleaf Property Group LLC, were represented by Allen Culpepper and Jason Alsup of RE/MAX Centerstone.
 
-Holy Guacamole leased 1,680 square feet at Buck Creek Shoppes, 6800 Bluff Road. The landlord, PK Partners LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-SPA Nails leased 1,600 square feet at Willow Lake West, 2902 W 86th S. The landlord, USRP Willow West LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Foundation Financial Group leased 1,400 square feet at Greenwood Springs Shopping Center, 1279 Emerson Ave., Greenwood. The tenant was represented by Greg Smith of Colliers International. The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate.  

-Flaherty & Collins Inc. leased 1,282 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.

Sales/acquisitions

-Investment Property Advisors bought an 18,004-square-foot industrial building at 335 W. 9th St.  The seller, Canal Partners, was represented by Al Donato III of Acorn Group. The buyer represented itself.
            
-Melzer Family Realty LP bought seven acres of land in Fishers Trade Center, 13661 Britton Park Road, Fishers. The buyer was represented by Bob Lindgren of Lee & Associates. The seller, Mann Properties LLP, was represented by Debbie Mann.

-Corydon Group bought a 16,000-square-foot office building at 125 W. Market St.  The seller, 125 W. Market LLC, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar. The buyer was represented by Jon Owens and Russ VanTil of Cassidy Turley.