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Broadbent sells part of Fashion Mall Commons

The 86,634-square-foot building that houses a Kohl’s department store fetched $15.3 million, or about $177 per square foot, according to a CoStar Group report.

Giants-Patriots Super Bowl ticket sells for $11,883

The average price for Super Bowl tickets sold on NFL Ticket Exchange so far is $4,183, slightly more than last year’s championship game between the Green Bay Packers and Pittsburgh Steelers, when sales averaged $4,140.

Construction

-Kort Builders has completed a 964-square-foot retail space for Trichology Salon at 1440 Clay Terrace Blvd., Carmel.

-Kort Builders has started a 5,040-square-foot build-out for Tin Roof restaurant at 36 S. Pennsylvania St.  

-Kort Builders has started a 2,300-square-foot build-out for Ossip Optometry at 54 Monument Circle.

-Kort Builders has started a 3,812-square-foot build-out for Massage Envy, 8555 River Road.

People

–Mary Beth Kohart has joined CBRE as first vice president, brokerage services, in the office services group.

–Bryan Nikirk has joined Wurster Construction Co. Inc. as director of business development.

Residential

The average rate for 30-year mortgages was unchanged at 4.18 percent for the week ended Jan. 18, according to Bankrate.com. The rate for 15-year mortgages rose from 3.38 percent to 3.39 percent.

Leases/leasing contracts

-Sterling Electric Inc. leased 70,400 square feet of industrial space at 7973 Allison Ave. The tenant was represented by Sean McHale of Colliers International. The landlord, Prologis, was represented by Elizabeth Kavchak of ProLogis.

-Phoenix Material Management extended and expanded its lease and will now occupy 70,400 square feet of industrial space at Plainfield Industrial Park, 923 Whitaker Road, Plainfield. The tenant was represented by Rick Suja of Colliers International. The landlord, KPIV 923 Whitaker Road LP, was represented by Luke Wessel of Cassidy Turley.

-Forward Air Inc. leased 38,250 square feet of industrial space at 2363 Perry Road, Plainfield. The tenant was represented by Michael Bauer of Fischer & Co. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-GVS Filter Technology renewed its lease of 17,600 square feet of industrial space at 5303-5373 W. 79th St. The tenant was represented by Michael Weishaar of Cassidy Turley.The landlord, Duke Realty Corp., was represented by Duke’s Kate Willen Ems.

-Rocket Epicurean Ventures LLC leased 9,325 square feet of industrial space off at 602 N. Park Ave. The landlord, Tway Properties LLC, was represented by D. Bryan Weese of Bingham McHale LLP. The tenant represented itself.

-Williamson Auto Body leased 7,301 square feet of retail space in Esquire Plaza, 8347 Pendleton Pike. The landlord, Sandor Development, was represented by Sandor’s Jeff Roberts. The tenant represented itself.

-Bycan-Sellen Associates leased an additional 6,400 square feet of industrial space at 7998 Centerpoint Drive. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.  

-Schmidt Mortgage leased 3,415 square feet in Hamilton Crossing III, 12800 N. Meridian St., Carmel. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, Duke Realty, was represented by Duke’s Adam Seger.

-PolicyStat leased 3,026 square feet in Hamilton Crossing III, 12800 N. Meridian St., Carmel. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate. The landlord, Duke Realty, was represented by Duke’s Adam Seger.

-Indy X Fitness leased 2,570 square feet of retail space in The Pointe, 1259 N. State Road 135, Greenwood. The tenant was represented by Cathy Richards of Lee & Associates. The landlord, Sun Greenwood LLC, was represented by Cathy Richards and Jim Karozos of Lee & Associates.

-3D Recreation leased 2,444 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates

-Paradise Tanning leased 2,170 square feet of retail space in Ashley Crossing, 733C Lowes Blvd., Greenwood. The landlord, Sandor Development, was represented by Sandor’s Jeff Roberts. The tenant represented itself.

-Diva Nails leased 1,530 square feet of retail space in Honey Creek Plaza, 5346 W. 38th St. The landlord, Sandor Development, was represented by Sandor’s Drew Kelly. The tenant represented itself.

-The Gabriel Project leased an additional 684 square feet at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Dan Baldini of Polaris. The tenant represented itself.

Sales/acquisitions

-Cranfill Development bought the 11,127-square-foot Merchants’ Pointe retail building at 2271 Pointe Parkway, Carmel. The building had been listed for $1.1 million. The sale price wasn’t disclosed. The buyer was represented by Michael Cranfill of Sitehawk Retail Real Estate. The seller, Indiana Bank & Trust, was represented by Jackie Haynes of Cassidy Turley.

-William Sollenberger bought a 12,400-square-foot industrial property at 468 Gradle Drive, Carmel. The price wasn’t disclosed. The buyer was represented by Drew Patton of Northern Commercial. The seller, McCoy Investments, was represented by Don Treibic of Cassidy Turley.

-AO Realty LLC bought a 43,253-square-foot-industrial property at 1205 W. South St., Lebanon. The price wasn’t disclosed. The seller, Solideal USA, was represented by Kelly Williams and Ray Simons of Cassidy Turley. The buyer represented itself.  

-Team Six Properties LLC bought a 48,000-square-foot industrial property at 1800 Commerce Parkway, Franklin. Both the buyer and seller, Klaisler Manufacturing Corp., were represented by Don Treibic and Fritz Kauffman of Cassidy Turley.

Poll: Anthem so-so in customer satisfaction

Anthem Blue Cross and Blue Shield ranked No. 12 in a new national customer satisfaction survey, but the poor showing doesn’t appear to threaten the Indianapolis-based company’s business success.<

Local plant churns out NFL shirts

Hundreds of employees at the Reebok-Adidas plant in Indianapolis worked late Sunday night and early Monday morning, making thousands of shirts featuring the American Football Conference and National Football Conference champions who will meet in the Super Bowl. About 3,000 to 5,000 shirts, representing the New England Patriots and the New York Giants, were printed each hour. The shirts will be shipped to various retailers.

Mother, son rescued from creek

A mother and her 4-year-old son escaped from their vehicle after it crashed into an east-side Indianapolis creek Monday morning. Police said the woman lost control of her car and drove down a grassy area and into a creek at East 30th Street and Massachusetts Avenue. The woman was able to roll down the driver’s-side window and climb to the roof of the car with her son, where she was rescued by emergency officials.

People

Indiana University Health promoted Doug Puckett to CEO of Indiana University Health Morgan Hospital in Martinsville. The 106-bed hospital became part of IU Health last year through a merger. Since 2004, Puckett has served as chief operating officer and chief financial officer for IU Health West Hospital in Avon. Larry Bailey, CEO of IU Health Paoli Hospital, has been serving as interim CEO for IU Health Morgan Hospital. Puckett holds a bachelor’s in finance from IUPUI and an MBA from Butler University.

CNO Financial Group Inc. named Frederick J. Crawford its chief financial officer, beginning today. Crawford succeeds Ed Bonach, who became the life and health insurer’s CEO in September. Crawford joins CNO from Lincoln Financial Group, where he was head of corporate development and investments and, before that, CFO. Crawford holds a bachelor’s from Indiana State University and an MBA from the University of Iowa.

Company news

Subah Packer, a physiology professor at the Indiana University School of Medicine, filed a scathing gender discrimination lawsuit in federal court in Indianapolis this month, accusing the school of paying her less than what male counterparts with less experience earn, even after she attained tenure at the academic medical center. Packer, 57, wants IU to compensate her for loss of past and future income, and pay her attorney's fees. She has worked for IU since 1986 and has been a tenured associate professor of clinical and integrative physiology since 2001. Since then, Packer alleges, her department has hired five less-experienced professors, all male, and paid four of them substantially more than Packer. Her complaint lists her salary as $74,600, compared with starting salaries of roughly $92,000 for three of the newer hires, as well as $82,000 and $72,000 for the other two. Packer also alleges that her salary is below the median of the Physiology Department, which includes 19 full-time professors, even though her teaching load was greater and she had less lab space for conducting research. Mary Hardin, a spokeswoman for the IU medical school, said the school would not comment on the lawsuit. Packer could not be reached for comment.

The city of Indianapolis rescinded a tax abatement last week given in 2007 to Polymer Technology Systems Inc., a small locally based maker of handheld blood monitors. PTS, founded in 1992 by a former Roche Diagnostics Corp. employee, said it would make a $3 million investment at its operation on Zionsville Road and create 110 jobs by 2010, but fell short of its goal. The company has made $2.1 million in investments and currently has only about 70 employees, less than the 80 it had when it received the abatement four years ago, according to the city. PTS chose to terminate the deal rather than renegotiate with the city. PTS makes CardioChek, a handheld meter that measures levels of cholesterol, glucose, triglycerides and other key health indicators from a drop of blood.

Researchers at Indiana State University discovered a new compound that could help boost patients' immune systems without causing unwanted side effects. Biology professor Swapan Ghosh and a team of chemistry professors and graduate students have now patented their chemically modified version of phytol, which is a component of the chlorophyll found in vegetables. Terre Haute-based Indiana State will market the compound to drug companies, which might want to pair it with a drug or vaccine in order to boost effectiveness in patients. Many drugs and vaccines rely on adjuvants like the one Ghosh’s team discovered, but they often have side effects. One of the most widely used adjuvants, alum, has recently come under attack as a possible cause for brain disorders.

Professor sues IU medical school for gender discrimination

A physiology professor at the Indiana University School of Medicine filed a scathing gender-discrimination lawsuit this month, accusing the school of paying her significantly less than male counterparts with less experience.

Deceased HHGregg chairman oversaw explosive growth

Jerry Throgmartin helped transform HHGregg from a local electronics retailer into a national player with more than $2 billion in revenue. He died over the weekend while visiting his ranch in Colorado.