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Construction
-Gibson Commercial Construction has been awarded the contract to build a 4,000-square-foot DiBella’s Old Fashioned Submarines restaurant in The Avenue, 910 W. 10th St.
-Capitol Construction has completed a 2,500-square-foot addition and 5,000-square-foot office build-out for Scofield Editorial at 6345 Carrollton Ave.
-Capitol Construction has completed a 4,200-square-foot retail build-out for United Package Liquors at 2230 Stafford Road, Plainfield.
Leases/leasing contracts
-Echo Engineering & Production leased 29,200 square feet of industrial space at 5406-5456 W. 78th St. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Kensington Realty Advisors, was represented by Jay Archer of Duke Realty Corp.
-Brickhouse, a Zumba/workout facility, leased 15,000 square feet at 4407 Lafayette Road. The tenant was represented by Jacque Haynes of Cassidy Turley. The owners, Woodrow J. and Betty Lane, were represented by Wayne O’Hara of Sitehawk Retail Real Estate.
-Domestic Linen Supply Co. Inc. leased 8,156 square feet of industrial space at 8802 Bash St. The tenant was represented by J.D. Graves of CB Richard Ellis. The landlord, Westminster Northeast LLC, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley.
-Indiana Oral and Maxillofacial Surgery Associates leased 6,002 square feet of office space at 8140 Knue Road. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-Northeast Oral and Maxillofacial Surgery renewed its lease for 5,100 square feet at 9860 Westpoint Drive. The tenant was represented by Mike Napariu of REI Real Estate Services LLC. The landlord, Crosspoint Partners LLC, represented itself.
-Greater Indianapolis Literacy League leased 2,620 square feet at 911 Massachusetts Ave. The tenant was represented by Cam Kucic and Jeff Merritt of Summit Realty Group. The landlord, Fennmass LLC, was represented by Katie Sobotowski of Summit Realty Group.
-Accelerated Health Systems leased 2,500 square feet at Brandywine Plaza, 1563 N. State St., Greenfield. The tenant was represented by Jonathan Sharp of HSA Commercial Real Estate. The landlord, SR 9 Development LP, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate.
-Indy ProCare Physical Therapy leased 2,000 square feet of medical office space at Greenbrooke II, 747 E County Line Road, Suite A, Greenwood. The tenant was represented by Milton McGinty of The Facilities Group. The landlord, GWA Wheatcraft LLC, was represented by John Cunningham of Allen Commercial Group, an affiliate of GWA Wheatcraft.
-Hot Mama, a women’s fashion boutique, leased 1,882 square feet at the Fashion Mall, 8702 Keystone Crossing. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, SDG Fashion Mall Limited Partnership, was represented by John Steen of Simon Property Group.
-Guardsmark renewed its lease for 1,750 square feet of office space in Auburn Woods Park, 9640 Commerce Drive No. 421, Carmel. The landlord was represented by Sandor Development. The tenant represented itself.
-Deeper Life Bible Church leased 1,200 square feet of retail space at 6999 North Michigan Road, Unit B. The landlord was represented by Drew Kelly of Sandor Development. The tenant represented itself.
-Lavish Nail Design leased 662 square feet of retail space at Esquire Plaza, 8213 Pendleton Pike. The landlord was represented by Jeff Roberts of Sandor Development. The tenant represented itself.
Sales/acquisitions
-Firestone bought 1.04 acres at 260 S. State Road 135, Greenwood. The price wasn’t disclosed. The buyer was represented by Carol Lockhart of Baum Realty. The seller, Enterprise Investments LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-Astbury Water Technology bought a 20,000-square-foot industrial building in Park Fletcher at 5940 W. Raymond St. The price wasn’t disclosed. The buyer was represented by Keith Dedrick of Corporate Commercial Group. The seller, Uptown Realty Investors LLC, was represented by Brad Williams and John Demaree of Summit Realty Group.
Prominent downtown buildings offered for sale
Greater availability of debt financing has spurred renewed interest in real estate deal-making. Chase Tower and Rolls-Royce's downtown complex are for sale, while Capital Center is under contract.
BASI promises ‘never again’ after big losses
Bioanalytical Systems Inc.’s new CFO won praise this month for laying out an aggressive cost-cutting plan—but not before the rest of the company’s leaders got a tongue lashing for their past performance.
Center makes urgent call for blood
The Indiana Blood Center has put out an urgent request for blood donations. Supplies are so low that an especially tragic traffic accident could strain capabilities of caregivers, said spokeswoman Shannon Jordan. Type O and negative blood types are in particularly short supply. Donations can be scheduled through 4 p.m. Friday, and from 8 a.m. to 2 p.m. Saturday, at donorpoint.org. Or donors can call 916-5150.
Indianapolis council to consider domestic-partner benefits
City-County Councilor Angela Mansfield filed the proposal covering city employees that would make same-sex and heterosexual couples who live together eligible for health insurance benefits.
IndyCar settles lawsuit over Izod sponsorship
A Florida-based sports marketing firm had claimed in a lawsuit that it was owed million of dollars in commissions for landing the clothing brand as the league’s title sponsor.
Murderer of Greenwood couple gets 120 years
Justin Carter was sentenced to 120 years in prison Thursday for the murder of a Greenwood couple. The Indianapolis man was 28 in July when he fatally shot Steven Konchinsky, 57, and Julia Konchinsky, 54, in their home. Police said he went to the couple's home in search of drugs and money.
Teacher faces child-porn charges
A Broad Ripple High School math teacher was arrested at the school Thursday for allegedly possessing child pornography. Robert Fowler, 43, was preliminarily charged with nine counts of child exploitation, class D felonies. Police say the illegal photos were found on a computer at Fowler’s home in Noblesville. They found no evidence of child pornography on his school computer. Indianapolis Public Schools said Fowler has been suspended with pay pending the investigation.
Man shot to death on east side
Ronnie Clark, 46, died early Friday morning after a shooting on the east side of Indianapolis. Clark was found in the 200 block of North Gray Street by police who answered a call about gunshots just after midnight. Clark was taken to Wishard Hospital but died a short time later. Several people were taken to police headquarters for questioning, but no arrests were immediately made.
Former Lawrence mayor dies
Paul Ricketts, who served as mayor of Lawrence from 2008 to 2011, died Thursday at age 58. Ricketts, a former Lawrence Township assessor, had suffered heart problems in recent years. Indianapolis Mayor Greg Ballard called the fellow Republican “a friend of mine whom I admired for dedicating his life to public service and always doing the right thing to improve quality of life for everyone.”
Typical CEO at public firm made $9.6M last year, study finds
Study that pegs Simon Property’s CEO as highest-paid finds executive compensation is soaring along with profit at public companies.
Speedway traditions sacrificed, and IndyCar better for it
Three years ago when the board overseeing the Indianapolis Motor Speedway fired one of its own as CEO, it looked like IndyCar racing was headed for an ugly crash. Today, the future looks much brighter.
Calumet plans to add 48 jobs at Indianapolis headquarters
The oil refiner, which currently has 75 full-time Indiana employees, has begun hiring management, accounting, sales, human resources and information technology workers.
Pending GED changes likely to challenge some adults
By 2014, passing the Indiana General Education Development exam is likely to be more difficult for many adults, but those who do pass it will be more employment-ready.
Wabash College president ready to step down
Patrick White, president of the private, all-male liberal arts college in Crawfordsville for the past six years, says he’ll leave his post a year from now.
Mentors give entrepreneurs a business boost
Good mentors can make a world of difference to up-and-coming entrepreneurs. Countless business owners find themselves in need of a gut check from time to time and, these days, mentors are an essential part of their toolkit.
Lawsuit takes on debt-modification firm
A lawsuit filed in Georgia against an Indianapolis firm that helps consumers settle debt is just one in a parade of complaints targeting the industry.