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Ford sees EV potential in Indianapolis

Ford touts new models of electric and hybrid vehicles in seminar co-sponsored by the Greater Indiana Clean Cities Coalition, which promotes alternative fuels.

Finish Line exec Cohen plans to retire in March

Chief Administrative Officer and Corporate Secretary Gary Cohen, a key figure in a recent acquisition, will step down from his posts on Thursday and will help with the transition until his retirement in 2012.

Star parent plans to add 108 jobs at local media units

Gannett Co. said the jobs will be added in central Indiana as part of an expansion of its media-related groups. Meanwhile, the newspaper’s union continues to negotiate a new contract with the company.

Indiana retailers making push for online sales tax

A new coalition of Indiana retailers is planning a lobbying push aimed at convincing state lawmakers to force online businesses to collect the state's 7-percent sales taxes from customers.

Plans delayed for wind farm near Purdue University

An Indianapolis developer says it is still trying to arrange financing to build wind turbines on farmland owned by Purdue University and nearby privately owned property in West Lafayette.

Feds reject Indiana request for health care exemption

The U.S. Department of Health and Human Services on Monday rejected Indiana's bid for an exemption from federal health care overhaul rules that require insurers selling policies to individuals to essentially dedicate 80 percent of the premiums they collect to medical care.

Builder, developer partner in turnaround firm

Providence Homes was started earlier this year by Mitch Davis, 42, a former vice president of the now-defunct CP Morgan Homes; and Brian Mann, 44, managing partner of Mann Properties.

Residential

The average rate for 30-year mortgages dipped from 4.24 percent to 4.23 percent for the week ended Nov. 22, according to Bankrate.com. The rate for 15-year mortgages was unchanged at 3.47 percent.

Construction

-Boyle Construction Management Inc. has been awarded the design/build contract for a 42,000-square-foot, two-story office building for Celadon Trucking at 9503 E. 33rd St.

-Capitol Construction has completed a 4,000-square-foot expansion for Royal United Mortgage at 7999 Knue Road.

People

Debbie Shumate Johnson has joined Lillibridge Healthcare Services as leasing manager. Rachel Schalk has joined as leasing administrative assistant.

Leases/leasing contracts

-Fillpoint LLC leased 51,200 square feet at Park 100, 5845 W. 82nd St. The tenant was represented by Tom Cooler of CBRE. The landlord, Prologis, represented itself.

-King Systems Storage leased 12,900 square feet in Northparke One in Saxony, 14425 Bergen Blvd., Noblesville. The tenant was represented by Andrew Morris of Summit Realty Group. The landlord, First Industrial Realty Trust Inc., represented itself.
 
-Security Equipment Supply renewed its lease of 4,800 square feet of office space in Park Castlewood, 8455 Castlewood Drive. The tenant and landlord, KHK Investments LLC, were represented by Spero Pulos of Lee & Associates.

-Graphicon renewed its lease of 4,039 square feet of office space in Park Castlewood, 8459 Castlewood Drive. The tenant and landlord, KHK Investments LLC, were represented by Spero Pulos of Lee & Associates.

-Integrity Flight Academy leased 4,000 square feet of industrial flex space at 5301 Commerce Circle. The tenant was represented by Robert J. Lane of Carpenter Commercial Associates. The landlord, Midwest Systems, was represented by Brenda Richards of Carpenter Commercial Associates.

-Periculum Capital Co. leased 3,769 square feet in the James Building, Four Center Green, Carmel. The tenant was represented by Douglas E. Jones, an independent broker. The landlord, Carmel City Center Community Development Corp., was represented by Mike Napariu of REI Real Estate Services LLC.

-DPS leased 3,564 square feet in the James Building, Four Center Green, Carmel. The tenant was represented by Darrell Pike of Pike Real Estate Services. The landlord, Carmel City Center Community Development Corp., was represented by Mike Napariu of REI Real Estate Services LLC.

-Academy Mortgage leased 3,100 square feet at 1624 W. Smith Valley Road, Suite B, Greenwood. The tenant and landlord, Tom Ray Builder Inc., were represented by Brenda Richards and Robert J. Lane of Carpenter Commercial Associates.
 
-Vortek Surgical leased 2,250 square feet of office space in Park Castlewood 8455 Castlewood Drive. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The landlord, KHK Investments LLC, was represented by Spero Pulos of Lee & Associates.
 
-Icon Equity Partners LLC leased 1,719 square feet at 11590 N. Meridian St., Carmel.  The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Real Estate Services LLC. The tenant represented itself.

-7th Sky Hair and Nail Salon leased 1,600 square feet of retail space at Uptown Center, 9520 Uptown Drive. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.

-Ocularis leased 1,600 square feet of retail space in Winthrop Commons, 5345 N. Winthrop Ave. The landlord, Crum Realty, was represented by Ron Mannon and Scott Herider of Lee & Associates. The tenant represented itself.

-Noble Roman’s leased 1,260 square feet of retail space at Zionsville Station, 78 Brendon Way, Zionsville. The owner, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.

-Edward Jones leased 1,200 square feet of retail space in Lebanon Crossing,1377 S. Lebanon St., Lebanon. The tenant was represented by David Ellis of Fenway Group. The landlord, Lebanon 39 LLC, was represented by Robyn Smart of Lee & Associates.

Sales/acquisitions

-Carmel Pointe LLC bought Meijer Shops of Carmel, a 10,608-square-foot retail property at 1430 W. Carmel Drive, for $3.25 million. The buyer and seller, Terre Carmel East LLC, were both represented by Jordan Klink and Kahlil Barnard of Marcus & Millichap Real Estate Investment Services.

-ALDI purchased 2.6 acres of retail land at 2382 E. Main St., Plainfield. The price wasn’t disclosed. The buyer was represented by Jim Abel of Lee & Associates. The seller, Galyan Enterprises LLC, was represented by Tim Norton and Jeff Merritt of Summit Realty Group.

People

Ryan Kitchell will replace Alex Slabosky as the head of Indiana University Health Plans. Slabosky, who is retiring, oversaw the parent company of the M-Plan HMO, of which Indianapolis-based IU Health owned about 87 percent. More recently, Slabosky had pitched IU Health Plans as a health plan other employers could join or as a provider of services that would help employers with their worker health benefits. Kitchell came to IU Health in 2009 after serving as Gov. Mitch Daniels’ director of the Office of Management and Budget. In addition to running IU Health Plans, Kitchell will continue his management of IU Health’s treasury and real estate departments.