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Pence asks Daniels to deny state-run exchange
Republican gubernatorial candidate Mike Pence is asking Gov. Mitch Daniels to reject a state-run health insurance exchange called for by the federal health care law.
Humane Society clinic to open with even bigger goal in mind
The Humane Society of Indianapolis is ready to open its new Animal Welfare Center in Haughville, featuring a low-cost vaccination clinic. The group wants to raise $750,000 to add a low-cost spay-and-neuter clinic to the center.
Battery research center being built in Indiana
Construction work has started on the $14 million Battery Innovation Center at the technology park near Crane Naval Surface Warfare Center in southwestern Indiana.
Motorcyclist dies in crash with SUV
A motorcyclist was killed after an apparent collision with a sport-utility vehicle Monday night on the northeast side of Indianapolis. Police said the motorcycle rear-ended the SUV about 8:15 p.m. while both vehicles were traveling east on East 34th Street near North Gale Street. The cyclist was taken to Wishard Hospital, where he died. Police say it did not appear that alcohol or excessive speed was factors in the crash, but the cyclist was not wearing a helmet.
Firefighter hurt in possible arson
An Indianapolis firefighter was taken to the hospital Tuesday morning after battling a house fire on the north side. The blaze broke out about 2:30 a.m. in a vacant house near West 28th Street and Indianapolis Avenue. It took almost 45 minutes to contain the fire, which caused an estimated $70,000 in damages. The injured firefighter suffered chest pain and dizziness. Arson investigators are examining the scene.
Burglars nab computers in Broad Ripple
Burglars stole thousands of dollars worth of computers from Broad Ripple businesses over the weekend, making off with records containing personal information. The thefts took place sometime Sunday night in an office building in the 6100 block of North College Avenue. A co-owner of ITEX Indiana said the thieves broke through the back door of the building, walked into her office and stole her computer and camera. Examination Management Services Inc. also was burglarized.
Review: Three from the Fringe
Thoughts on “Schoolhouse Wrong, To,” “Don’t Cross the Streams,” and more.
Package of 16 apartment complexes back on the market
The local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable buyer four years ago. The family is expecting better results this time because it’s willing to break up the portfolio and sell the buildings individually.
Six from Indiana make top 500 on Inc.‘s fastest-growing list
A half-dozen Indiana companies were ranked in the top 500 in Inc.'s annual list of the the nation's fastest-growing private companies, but only two are from Indianapolis.
IU-Bloomington enrolls record first-year class
Indiana University said a record 7,600 first-year students are enrolled for the fall semester on its main campus in Bloomington.
Panel mulls making IPFW an independent university
State Sen. Dennis Kruse says Purdue's leaders concentrate on the West Lafayette campus and treat IPFW as an afterthought. He said the independent school might be called Fort Wayne University.
Construction
-Gibson Commercial Construction has been awarded the contract to build a 3,400-square-foot DiBella’s Old Fashioned Submarines restaurant at The Shoppes at River’s Edge, 4335 E. 82nd St.
-Capitol Construction has completed a 19,400-square-foot office build-out for Orbit Medical at 6365 Castleplace Drive.
-Capitol Construction has completed a 4,000-square-foot office build-out for Briljent at 6435 Castleway West Drive.
Residential
The average rate for 30-year mortgages rose from 3.81 percent to 3.86 percent in the week ended Aug. 15, according to Bankrate.com. The rate for 15-year mortgages rose from 3 percent to 3.05 percent.
Leases/leasing contracts
-Burlington Coat Factory leased 70,000 square feet at a former WalMart store at 2575 E. Main St., Plainfield. The tenant was represented by Brad Gershman of Gershman Brown Crowley. The landlord, Tabani Group, was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate.
-ExactTarget leased an additional 22,064 square feet in the Century Building, 36 S. Pennsylvania St. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar Real Estate. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Respiratory Partners renewed its lease and expanded to 7,200 square feet of office/warehouse space in Directors Row, 2461-E Directors Row. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services LLC. The tenant represented itself.
-Imani Community Church leased 6,309 square feet of retail space at Lafayette Place, 3754 Commercial Drive. The tenant was represented by Jacqueline Haynes of Cassidy Turley. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
-AWS Holdings renewed its lease and expanded to 6,055 square feet of office space in Directors Row, 2431-A Directors Row. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services LLC. The tenant represented itself.
-ARGI Financial Group leased 3,719 square feet at Castle Creek V, 5750 Castle Creek Parkway. The tenant was represented by Rob Bussell of The Bussell Group. The landlord, ORIX USA Capital Markets, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Unified Investigations and Sciences Inc. leased 3,300 square feet of industrial space at 7738 Moller Road. The tenant was represented by Glenn Davis of Colliers International. The landlord, Duke Realty LLC, was represented by Jay Archer of Duke Realty.
-Prime Way Institute LLC leased 2,117 square feet of office space in the Meridian Professional Building, 3266 N. Meridian St. The landlord, PBB III LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.
-Rocket Fizz leased 2,036 square feet at 55 Monument Circle. The tenant was represented by Aaron Boyle of Midland Atlantic. The landlord, Winthrop Management LP, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group and Ryan Hurst of Urban Space Commercial Properties.
-BroadBand Interactive Inc. leased 1,895 square feet of warehouse space at Roosevelt Business Park, 2512 Roosevelt Ave. The landlord, Gilliatte Family Realty LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.
-Polizzi Real Estate leased 1,590 square feet of office space at Auburn Woods Plaza, 9640 Commerce Drive, No. 413, Carmel. The tenant was represented by John Levinsohn of Levi Realty Investments. The landlord, Sandor Development, was represented by George Crawford of NAI Meridian.
-Mucci’s Jewelry leased 1,406 square feet of retail space at Cherry Tree Plaza, 9725 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-VIP Beauty Salon leased 1,110 square feet of retail space at 7011 N. Michigan Road. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Prism Medical Products leased 1,050 square feet of office space in Directors Row, 2415-J Directors Row. The tenant was represented by Chris Black of CBRE. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services LLC.
-C&C Midwest Firearms leased 991 square feet of retail space in Clermont Shoppes, 9235 Crawfordsville Road. The landlord, Clermont Shoppes LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.
Sales/acquisitions
-Meadow Drive Apartments LLC bought the 12-unit Meadow Drive Apartments at 268 Meadow Drive, Greenwood. The seller, Sweet Air Investments Inc., was represented by Scott Pollom of Cassidy Turley. The buyer represented itself.
-Ritter Manor Apts LLC bought the 42-unit Ritter Manor Apartments at 2302 Ritter Ave. The seller, Bayview Loan Servicing LLC, was represented by Scott Pollom of Cassidy Turley. The buyer represented itself.
-Willow Brook Apartments LLC bought the 51-unit Willow Brook Apartments at 2111 E. 52nd St. The buyer was represented by Scott Pollom of Cassidy Turley. The sellers, John T. and Rose A. McEvoy, were represented by Duke Hardy of Tikijian Associates.
-Indiana Hemophilia & Thrombosis Center Inc. bought 1.9 acres of land at 8326 Naab Road. The buyer was represented by David Mennel of Jones Lang LaSalle. The seller, Panattoni Development, was represented by Brooke Augustin of Alliance Commercial Group.
Correction
Brendanwood Financial leased 3,485 square feet of office space at Auburn Woods Park, 9650 Commerce Drive, No. 523, Carmel. The tenant was represented by Jeff Hubley of Midland Atlantic. The landlord, Sandor Development, was represented by George Crawford of NAI Meridian. The broker roles were reversed in the July 31 Real Estate Weekly.
Historic Market Street building gets new owner
The Corydon Group bought 125 W. Market St. Aug. 2 and will occupy the 4,200-square-foot top floor of the three-story building after renovations are finished in early November.