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Teachers trust fund broker reaches settlement
David Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, has reached a settlement. Karandos agreed to a 75-day suspension from working in the securities industry and may pay up to $50,000 in restitution.
Leadership Through the Arts: Krzysztof Urbanski
March 21
Atherton Union, Butler University
The Indianapolis Symphony Orchestra’s Krzysztof Urbanski is the youngest music director of any North American orchestra. What does he have planned for the ISO and for Indianapolis? Here’s an opportunity to find out in a free forum. Butler Dean Ron Caltabiano leads the chat. Details here.
“Freud’s Last Session”
March 15-April 15
Phoenix Theatre
My last round of quality time spent with the work of playwright Mark St. Germain was listening to a recording of his play “Camping with Henry and Tom,” which concerned a meeting between Henry Ford, Thomas Edison, and Warren Harding. Since then, St. Germain has earned even more acclaim for another fictionalized meeting between historical figures.
This one, “Freud’s Last Session,” focuses on an imagined conversation between Sigmund Freud and C.S. Lewis. A hit elsewhere, it’s getting its local debut at the Phoenix Theatre featuring Purdue University’s Gordon McCall and Scot Greenwell, one of IBJ’s “clutch hitter” actors (see video here). If you have a penchant for smart dialogue, this could be the show for you. Details here.
County commissioner pushes to invalidate I-69 vote
A Monroe County commissioner is pushing to invalidate a Bloomington planning panel's vote that added a contentious section of the Indianapolis-to-Evansville Interstate 69 extension to the group's local highway plan.
Patients accuse doctor of assault
An Indianapolis doctor is accused of sexually assaulting some of his patients. Dr. Segun Rasaki was arrested Monday on sexual battery charges. Two patients told authorities that the doctor touched and fondled them inappropriately in an examining room. Police are asking any other patients with similar experiences to come forward. Rasaki denied the charges. His license to practice will remain active, but his ability to prescribe certain medications has been suspended.
Man shot to death on southeast side
A man was shot to death Tuesday morning in the 1800 block of Dawson Street on the southeast side of Indianapolis. The victim, believed to be in his 30s, was shot about 7:30 after an argument. Witnesses said they saw gold or maroon-colored vehicle carrying three or four men leave the scene.
Rugby coach dies in train crash
A high school rugby coach was killed Tuesday morning when a train collided with his pickup truck on U.S. 136 in Hendricks County. Jeremy Strange, 25, coach of the Brownsburg Rugby Club, died in the 7 a.m. crash. Witnesses said the train pushed the truck about 50 feet before it came to a stop at 800 E. Main St. in Brownsburg. Strange, a 2004 graduate of Brownsburg High School, was in his first year as coach of the rugby club, which has about 70 participants.
Roller derby bout crashes Bankers Life Fieldhouse
With a growing following, locally based Naptown Roller Girls brings its rough and tumble sport out of the Fairgrounds to the center stage in downtown Indianapolis.
State unemployment rate dips to 8.7 percent
Indiana’s unemployment rate fell to 8.7 percent in January as the state added 13,000 private-sector jobs, the largest monthly increase in more than a year.
IPS chief White a finalist for top job at Alabama system
Eugene White, superintendent of Indianapolis Public Schools, is now a finalist to lead a school system in Mobile County in Alabama, and he is interviewing for another superintendent’s post in South Carolina.
Plans call for apartment conversion of 10-story American Building
The Whitsett Group and Ambrose Property Group expect to spend $7 million to $10 million to retrofit the building at 333 N. Pennsylvania St. to accommodate 72 apartments.
Local graphics firm Pratt acquired by Minnesota company
Pratt Corp., a 66-year-old Indianapolis-based retail graphics firm that saw ambitious expansion plans come up short during the recession, has been acquired by Vomela Group of St. Paul, Minn.
USA Track & Field repeals controversial rules
USA Track & Field has repealed restrictions on uniform advertising that angered athletes across the country, but it remains to be seen whether athletes will take advantage of their renewed freedom.
Local mortgage firm lands $25M in private equity
Indianapolis-based Stonegate Mortgage Corp. has received funding from Long Ridge Equity Partners, a private-equity firm, to help it expand in mortgage origination and servicing, the company said Monday.
Minor Indiana school reforms find last-minute success
Indiana lawmakers signed off on minor school changes at the close of the 2012 session while reining in broader efforts sought by state schools Superintendent Tony Bennett.
Construction
-S&B Construction Group has started a 2,684-square-foot restaurant build-out for Noodles & Company at 8634 E. 96th St., Fishers.
-Capitol Construction has completed a 40,000-square-foot office build-out for Vision Solutions at 8470 Allison Pointe Blvd.
-Capitol Construction has completed a 22,000-square-foot office build-out for Liberty Mutual at 11611 N. Meridian St., Carmel.
Residential
The average rate for 30-year mortgages rose from 4.10 percent to 4.14 percent for the week ended March 7, according to Bankrate.com. The rate for 15-year mortgages fell from 3.35 percent to 3.34 percent.
Leases/leasing contracts
-Ogletree Deakins Nash Smoak & Stewart PC renewed and expanded its lease to 36,113 square feet at 111 Monument Circle. The tenant was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The landlord, Beacon, was represented by John Robinson and Adam Broderick of Jones Lang LaSalle.
-The state of Indiana leased 15,315 square feet at 2620 Kessler Blvd. The tenant was represented by Kara Riggle of Colliers International. The landlord, Healthcare Trust of America Inc., was represented by James Mount of Hokanson Cos. Inc.
-Wells Fargo Insurance Services USA Inc. leased 11,297 square feet at 300 N. Meridian St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, University Park Associates LLC, was represented by Mike Napariu of REI Real Estate Services LLC.
-Family Dollar leased 9,600 square feet at Windsor Village, 6030 E 21st St. The landlord, Windsor Village, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Community Hospitals of Indiana Inc. leased 6,159 square feet at 8921 Southpointe Drive. The tenant was represented by Rob Lukemeyer of Baseline Inc. The landlord, Healthcare Trust of America Inc., represented itself.
-ThoughtBurst Inc. leased 3,263 square feet of office space at 111 Congressional Blvd., Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Lauth Property Group, was represented by Darrin Boyd and David Moore of Cassidy Turley.
-First Call Temporary Services Inc. extended its lease of 2,962 square feet of office space at 7202 E. 87th St. The tenant was represented by Catherine Esselman of Penn Real Estate Inc. The landlord, Westminster Funds, was represented by Bryan Miller and Todd Vannatta of Cassidy Turley.
-Radio Shack renewed its lease of 2,244 square feet at Keystone Plaza, 2315 E 53rd St. The landlord, Keystone Plaza Associates, was represented by Larry Davis and Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.
-Cain Brothers & Co. LLC renewed its lease of 2,106 square feet of office space at 3500 Depauw Blvd. The landlord, Sterling American Property Inc, was represented by David Moore, Darrin Boyd and Bennett Williams of Cassidy Turley. The tenant represented itself.
-Jolly Rancher LLC leased 1,733 square feet of office space at 47 S. Meridian St. The tenant was represented by Jon Owens and Russell Van Til of Cassidy Turley. The landlord, Bruce A. Bodner Co. Inc., was represented by Alex Cantu of Summit Realty Group.
-United Way of Central Indiana leased 1,486 square feet of office space at 650 E. Carmel Drive, Carmel. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, GS Properties Inc., was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar.
-Grant Communication dba Sprint leased 1,200 square feet at Green Street Square, 1521 N Green St., Brownsburg. The landlord, Cranfill Enterprises LLC, was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-All Walks of Life Barber & Beauty Shop leased 840 square feet of retail space in Esquire Plaza, 8211 Pendleton Pike. The landlord, Sandor Development, was represented Sandor’s Jeff Roberts. The tenant represented itself.
Sales/acquisitions
-Drilling World bought a 59,423-square-foot industrial building at 860 Elston Drive, Shelbyville. The price wasn’t disclosed. The buyer was represented by Dustin Looper of Colliers International. The seller, Stanley-Bostitch Inc., was represented by Tom Cooler of CB Richard Ellis.
-Jack in the Box bought a 0.84-acre parcel of retail land at 8456 N. Michigan Road. The price wasn’t disclosed. The buyer and seller, GDI Holdings LLC, were represented by Bart Jackson and Scot Courtney of Lee & Associates.