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Corpse found in Broad Ripple canal

April 3, 2012

The body of a 34-year-old man was found floating in the Broad Ripple canal Monday. Gregory Jarrett, 34, was discovered about 10 feet from the bank in about 3 feet of water just before noon by a man riding his bike. A man who knew the deceased said Jarrett was homeless and had a drinking problem. He said Jarrett likely passed out and rolled into the canal. Police are awaiting an autopsy, but investigators don’t expect foul play.

Hamilton ranked state’s healthiest county

April 3, 2012

The third-annual County Health Rankings found Hamilton County to be No. 1 in overall health among the 92 counties in Indiana. However, Marion County ranked 82nd. The rankings, released nationally Tuesday by the University of Wisconsin Population Health Institute and the Robert Wood Johnson Foundation, ranked Boone County second in overall health and Hendricks County fifth. The study found Marion County has the highest teen birth rate and the highest percentage of children living in poverty. Madison County has the highest unemployment rate and the state’s highest smoking rate.

Compensation dips slightly for WellPoint brass

April 3, 2012

Angela Braly, CEO of the Indianapolis-based health insurance company, received total compensation of nearly $13.3 million, down 1.5 percent from the $13.5 million she made the previous year.

Whirlpool agrees to pay state $800,000 for job losses

April 3, 2012

Appliance maker Whirlpool Corp. has agreed to pay Indiana $800,000 after failing to maintain employment levels called for in an economic development incentives agreement.

Want to hit the road with IBJ Arts?

April 3, 2012

Plans in the works for bus trips to Cincy, Chicago, etc.

IBM: Indiana canceled deal because of budget woes

April 3, 2012

The real reason Indiana canceled its nearly $1.4 billion contract with IBM for a troubled welfare automation system was state budget problems, a lawyer for the computer giant argued Tuesday. But the state said IBM was more concerned about profit than getting assistance to needy people.

Anti-bullying group hopes to hire 600 telemarketers

April 3, 2012

Indianapolis-based Bully Prevention Alliance said the contractors will receive commissions for soliciting donations by telephone for the fledgling not-for-profit that aims to prevent bullying in schools.

Zoo extends hours as warm weather brings big crowds

April 3, 2012

Zoo officials say the zoo will be open an extra hour, until 5 p.m., through this week to accommodate the visitors coming out during the early spring warmth as many area school districts are on spring break.

EPA moves closer to approval of 15-percent ethanol gas

April 3, 2012

The federal government announced Monday it has taken a step toward wide distribution of fuel containing 85 percent gasoline and 15 percent ethanol by allowing manufacturers to register as suppliers.

Health care real estate owner takes over management of 29 buildings

April 2, 2012

Healthcare Trust of America now handles property management and leasing for 29 buildings formerly managed by Hokanson Cos.

Another veteran justice leaving Indiana Supreme Court

April 2, 2012

Justice Frank Sullivan Jr. announced Monday that he will be leaving the court after 19 years to join the faculty at Indiana University's law school in Indianapolis. Sullivan says he will remain on the court until near the start of the law school's fall semester.

FirstPerson buys FlashPoint HR unit

April 2, 2012

Indianapolis-based benefits brokerage FirstPerson acquired the small-employer human resource division of Indianapolis-based consulting firm FlashPoint last week in a bid to provide a wider array of services to small businesses.

Reggie Miller elected into basketball hall of fame

April 2, 2012

Former Indiana Pacers great Reggie Miller has been elected into the Naismith Memorial Basketball Hall of Fame in Springfield, Mass., the hall announced Monday.

Construction

April 2, 2012

-Capitol Construction has completed a 16,200-square-foot retail build-out for Destination XL at 8480 Castleton Corner Drive.

-Holladay Construction Group won the design/build contract for a 98,000-square-foot office for the Indiana Department of Revenue, Bureau of Motor Vehicles and Indiana State Police at 7811 Milhouse Road.

-Holladay Construction Group was hired to build a 2,300-square-foot addition to the Public Agency Training Council building at 5235 Decatur Blvd.

People

April 2, 2012

Maynard Soukup and Jeremy Stone have joined Capitol Construction Services as project managers.

Residential

April 2, 2012

The average rate for 30-year mortgages fell to 4.23 percent from 4.29 percent in the week ended March 28, according to Bankrate.com. The rate for 15-year mortgages fell to 3.44 percent from 3.48 percent.

Leases/leasing contracts

April 2, 2012

-Jacobson Warehouse Co. renewed its lease and expanded into 333,566 square feet of industrial space at 600 S. Perry Road, Plainfield. The tenant was represented by Joe Lauinger of Mohr Partners. The landlord, Westminster Plainfield LLC, was represented by Luke Wessel of Cassidy Turley.
 
-Rolls-Royce Corp. leased 81,500 square feet at 5345 Decatur Blvd., formerly known as the National Building, in Ameriplex Industrial Park. The tenant was represented by Michael D. Cook, David R. Byard and Chris Alexander of UGL Services. The landlord, Sacramento-based North Market Center LP, was represented by Michael Weishaar of Cassidy Turley.  

-Paintman Auto Body LLC leased 8,680 square feet of industrial space at 4000 W. 10th St. The tenant was represented by Rob Christman of Colliers International.  The landlord, Speedway Industrial Park LP, was represented by Bill Byram of Cassidy Turley.  

-Shoe Show renewed its lease for 4,975 square feet of retail space in Esquire Plaza, 8101-E Pendleton Pike. The landlord was represented by Sandor Development. The tenant represented itself.

-Tienda Morelos renewed its lease for 4,000 square feet of retail space in Honey Creek Plaza, 5324 W. 38th St. The landlord was represented by Sandor Development. The tenant represented itself.

-Dots renewed its lease for 3,600 square feet of retail space in College Park Plaza, 3475 W. 86th St. The landlord was represented by Sandor Development. The tenant represented itself.

-Youniforms leased 3,500 square feet at Madison on the Mall, 1211 N. Madison Ave., Suite J, Greenwood. The landlord, Murnel Property LLC, was represented by Tracey Holtzman of Midland Atlantic Properties. The tenant represented itself.

-Bi Quin Shao restaurant leased 3,145 square feet at Pyramid Shops, 3502 W. 86th St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Centre Properties, was represented by Dean Almas of Sitehawk Retail Real Estate.

-Mi Casita Mexican Restaurant leased the freestanding 2,268-square-foot building at 5410 W. 34th St. The tenant was represented by Kelli Membreno of Libertad Real Estate. The landlord, Conrad Properties LLC, was represented by Tracey Holtzman of Midland Atlantic Properties.

-Great Clips renewed its lease for 2,000 square feet of retail space in Norgate Plaza, 7225-A N. Keystone Ave. The landlord was represented by Sandor Development. The tenant represented itself.
 
-Innovative Financial Partners LLC leased 1,900 square feet at 6350 Shadeland Ave. The tenant was represented by Darrel Pike of Pike Real Estate Services. The landlord, Shadeland Forest Realty Co. LLC, was represented by Joe Lonnemann of Ambrose Property Group.

-Koko Fit Club leased 1,800 square feet at Prairie Lakes Shopping Center, 14350 Mundy Drive, Noblesville. The landlord, Prairie Lake Development LLC, was represented by Tracey Holtzman of Midland Atlantic Properties. The tenant represented itself.

-Moorehead Communications renewed its lease for 1,600 square feet at Emerson Commons Shoppes II, 6815 S. Emerson Ave. The landlord, Emerson Commons II, was represented by John Baker of Sitehawk Retail Real Estate. The tenant represented itself.

-Health Mart Pharmacy leased 1,440 square feet at Hunter’s Quest, 102 E. Carmel Drive, Carmel. The tenant was represented by Jodi Milto of Midland Atlantic Properties. The landlord, The Fineberg Group, was represented by Patrick Boyle of Midland Atlantic Properties.

Supreme skepticism boosts WellPoint stock

April 2, 2012

Wall Street's favorable reaction came not only because harsh questioning by the U.S. Supreme Court’s conservative justices put in doubt the health reform law’s mandate that all Americans buy health insurance, but also because the justices raised the possibility that they would strike down requirements that insurers accept all customers, regardless of health.

Sales/acquisitions

April 2, 2012

An investor syndicate led by Barrett & Stokely Inc. bought Brockton, a 284-unit apartment complex at 56th and Rural streets. The property was listed for $13.5 million. The sale price wasn’t disclosed. The buyer and seller, Thomas S. Osborne, were represented by Tikijian Associates.

IndyCar emerges from disaster, but Indy awaits

April 2, 2012

After Dan Wheldon's death last season, few predicted the IndyCar Series would steer its new chassis and engine package into 2012 smoothly. But so far, the series has opened to mostly rave reviews. The series now faces its biggest test, and opportunity, at Indy.

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