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Pence wants moratorium on new business regulations

Mike Pence said that if elected governor, he’ll issue an executive order against new regulations and ask his budget office to review existing rules to ensure they use the least-costly approach and aren’t burdensome to job-creation efforts.

Covance plans $150M expansion, 465 jobs in Greenfield

The New Jersey-based pharmaceutical research company is seeking state and local incentives as part of the expansion, which would include a new laboratory, set to be finished in 2016. Covance already employs 565 workers at the site.

Apartment fire displaces 15 residents

A total of 15 people were displaced when eight units of an Indianapolis apartment complex were damaged by fire just before 7 p.m. Monday. Eight other units may have been spared thanks to a firewall at Emerson Village Apartments on the city’s south side. A resident thinks the fire may have started on his deck.

Man killed in hit-and-run on I-70

An Indianapolis man was struck and killed by a hit-and-run driver on eastbound Interstate 70 in downtown Indianapolis just after 6 p.m. Monday. Investigators believe Andy Richmond, 29, ran out of gas and was refueling his truck when he was sideswiped by another vehicle. The other vehicle did not stop. Police are seeking witnesses.

Fire chases 25 from apartments

More than two dozen people were safely evacuated from a near-north-side Indianapolis apartment building Tuesday morning as fire damaged one of the units. The fire occurred at the Magnolia Apartments in the 3300 block of North Meridian Street just after 6 a.m. About 25 residents were evacuated as firefighters worked to contain a blaze that started in an apartment’s bedroom. Firefighters said 25 units were affected by the blaze, with one damaged by fire and the remainder units sustaining smoke damage.

LEADING QUESTIONS: Big Car director helps drive growth

LQ_Walker_WatchVideoThe Big Car arts collective is shifting into a higher gear, with a budget this year of $250,000, a new westside events hub, and a paid staff that no longer fits into a sedan. Executive Director Jim Walker provides a front-seat view.

Anderson’s former GM plants getting second look

Anderson officials said they are excited that companies have been showing interest in some of the industrial or commercial properties left by General Motors that need or are undergoing environmental cleanups.

Bank of Montreal targets Midwest, Indy for growth

Bank of Montreal’s 2011 acquisition of Marshall & Ilsley Corp. is finally helping it make in-roads in the U.S. Midwest. It has identified five U.S. markets, including Indianapolis, where it aims to add new branches or make acquisitions.

Google unveils biz photo service in Indianapolis

The interactive virtual tour gives customers a glimpse of the layout and decor of a business without setting foot inside the location. For St. Elmo Steak House, where the service was introduced locally, it was an easy sell.

Bird reportedly leaving as Pacers executive

Despite a recent endorsement from his bosses, Larry Bird is set to step down as Indiana Pacers president of basketball operations, a newspaper is reporting.

Haynes plans $23.5M expansion, 40 more jobs in Kokomo

Kokomo-based Haynes International Inc. plans a $23.5 million project to increase production at a central Indiana factory where it makes specialty metal plates and sheets for the aerospace and other industries.

People

Michael Thompson has joined the site development practice of engineering firm EMH&T as a project manager.

Construction

-Thompson Thrift Construction has completed construction of an 8,630-square-foot Cheddar’s Casual Café at 9512 Rockville Road, Avon.

-Capitol Construction has completed a 3,900-square-foot office build-out for Nationwide Insurance at 11555 N. Meridian St., Carmel.

-Capitol Construction has completed a 30,000-square-foot build-out for Child Advocacy Center at 4134 N. Keystone Ave.

Residential

The average rate for 30-year mortgages fell from 3.91 percent to 3.89 percent for the week ended June 20, according to Bankrate.com. The rate for 15-year mortgages fell to 3.16 percent from 3.17 percent.

Leases/leasing contracts

-The Restaurant Store leased 25,317 square feet of retail space at Lafayette Place, 3708 Commercial Drive. The landlord was represented by Drew Kelly of Sandor Development. The tenant represented itself.

-Liberty Mutual leased 23,507 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Mark Stables of Grubb and Ellis. The landlord, Zeller Realty Group, was represented by Zeller’s Mark Vollbrecht and Tristan Glover.

-Flowers Baking Co. of Morristown LLC leased 11,218 square feet of industrial space at 3131 N. Franklin Road. The tenant was represented by Todd Vannatta and Bart Book of Cassidy Turley. The landlord, International Metals Processing LLC, represented itself.

-Security Equipment Supply leased 8,144 square feet of industrial space at 7998 Centerpoint Drive. The tenant was represented by Todd Vannatta of Cassidy Turley. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-Crossroads Lighting LLC leased 6,000 square feet of industrial space at 2525 N. Shadeland Ave. The landlord, Cassidy Turley, acting as court-appointed receiver, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley. The tenant represented itself.
 
-United Package Liquors leased 4,200 square feet of retail space in Stafford Crossing Shopping Center, 2230 Stafford Road, Suite 121, Plainfield. The tenant was represented by Adam Hill of United Package Liquors. The landlord, LOR Corp., represented itself.

-IU Health leased 3,200 square feet of office space in Stafford Crossing Shopping Center, 2230 Stafford Road, Plainfield. The tenant was represented by Rebecca A. Harpe of Harpe & Co. LLC. The landlord, LOR Corp., was represented by Brett Burch of Valenti Real Estate Services.  

-Metrology Support Systems LLC leased 1,747 square feet of industrial space at 9855 Crosspoint Blvd. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.  

-Dr. Joseph Hadley DDS leased 1,600 square feet of office space in Geist Crossing North Shopping Center, 9850 E. 79th St. The tenant was represented by Bill Scott of UGL Equis. The landlord, LOR Corp., represented itself.   

-Mr. Dan’s restaurant leased 1,500 square feet of retail space in Washington @ Post Shoppes, 8975 E Washington St., Suite 102. The landlord, LOR Corp., was represented by Brett Burch of Valenti Real Estate Services. The tenant represented itself.

-Cesar’s Group Fitness Studio leased 1,500 square feet of retail space in 96th Street Station Shopping Center, 9546 Allisonville Road, Suite 117. The tenant was represented by Tracey Holtzman of Midland Atlantic. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley.

-Chiropractor David Bax renewed his lease for 1,389 square feet of office space in Eagle Highland Office Park, 3945 Eagle Creek Parkway. The tenant was represented by Steve Beals and Richard King III of Lee & Associates. The landlord, Healthcare Trust of America Inc., was represented by Jim Mount of Hokanson Cos. Inc.