Pet specialty retailer plans 135 jobs in Indiana
Pet Supplies Plus said it will add the positions by relocating its warehousing operations from Michigan to Seymour, 60 miles south of Indianapolis.
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Petition urges Daniels to run
A Virginia man has started an online petition asking Indiana Gov. Mitch Daniels to run for U.S. president. Matt McKillip created the website “Run Mitch Run,” which urges others to sign a petition encouraging Daniels to run for president. He calls Daniels “America’s most popular and effective governor.” Daniels ended speculation about a presidential run last May, citing family reasons. He hasn’t ruled out a role as vice president.
Patrick to end 7-year run at 500
Danica Patrick announced Monday that she will not return to the Indianapolis 500 this year after making the move into NASCAR. She hasn’t missed the race since her rookie year in 2005. Patrick will race full-time on the NASCAR circuit this season, but had left the door open for a return to Indianapolis. She instead will race in the Coca-Cola 600 in Charlotte, N.C., on May 27, the same day as the Indy 500. Patrick said she may try to tackle both races in future years.
Motorcyclist dies in south-side crash
A motorcyclist died early Tuesday morning following a crash on the city's near south side. Indianapolis police said the accident happened shortly after 1 a.m. on Raymond Street, just east of Keystone Avenue. Police said 31-year-old Brian Saylor was traveling on his motorcycle at a high rate of speed and rear-ended a car as it was headed east on Raymond. The driver of the car was uninjured.
Marsh to anchor massive new downtown development
A local developer plans to build a Marsh grocery store and hundreds of apartments in an $85 million project that would replace a block and a half of surface parking lots in the northwest quadrant of downtown.
NFL decides to add 5,000 tickets to Super Bowl mix
NFL officials on Monday said they plan to expand Lucas Oil Stadium’s capacity to 68,000 during the Feb. 5 event in Indianapolis. Capacity for Colts games is typically 63,000.
Central Indiana home sales improved slightly in 2011
Closed sales last year inched up 1.2 percent in 13 area counties and jumped 18.3 percent from July through December, bolstered by a 7.2-percent increase during the last month of 2011.
State employers add 12,000 jobs, but jobless rate stays flat
Indiana added 12,000 private-sector jobs in December, but the state’s unemployment rate held steady at 9 percent as a huge wave of Hoosiers entered the labor force.
Naming-rights deal to benefit city’s snow-removal efforts
The agreement calls for longtime salt supplier Cargill Inc. to give Indianapolis 125 tons of salt and five pickup trucks equipped with snow plows and salt spreaders.
Morgan Stanley settles with state over failed ISTA fund
The Indiana secretary of state’s office says the investment bank agreed to pay a $100,000 fine and $110,000 in investigative costs.
Indiana Senate backs bill on right to resist police
The Indiana Senate on Monday approved by a wide margin a proposal that gives residents limited rights to resist police officers trying to enter their homes.
House Dems lose right-to-work referendum vote
Indiana House Democrats walked off the floor Monday after losing an effort to put a right-to-work measure aimed at unions before voters, possibly resuming an off-and-on boycott strategy aimed at derailing the measure for the second straight year.
State Senate backs bill on officeholder limits
People who work for cities, towns or counties would no longer be allowed to hold political offices in those government units under a bill approved by the Indiana Senate.
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.
Indiana House Dems return after right-to-work boycott
Indiana House Democrats have returned to work at the statehouse after a boycott over divisive right-to-work legislation by moving to strike down the measure.
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.