Eastgate owner plots unusual office-space strategy
The owner of the former Eastgate shopping center has begun marketing a third phase of its mall overhaul: About 225,000 square feet of emergency backup office space.
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The owner of the former Eastgate shopping center has begun marketing a third phase of its mall overhaul: About 225,000 square feet of emergency backup office space.
Brownsburg officials are promising to help with year-round marketing, security and traffic control during race events, and are considering extending Ronald Reagan Parkway to make access to the track easier. And sources say the IndyCar Series might be coming to the track.
Stock prices of the dozen largest public companies in the Indianapolis area all tumbled Monday morning as a Standard & Poor’s downgrade of U.S. debt spooked investors worldwide.
Rolls-Royce Group, one of the largest employers in Indianapolis, is studying sites in the United States and Germany for new engine test sites.
Indiana Attorney General Greg Zoeller said more than 1,300 Hoosiers are eligible for restitution from United Financial Systems Corp. in the wake of a court ruling against the Indianapolis-based company. The company also faces at least two class-action lawsuits.
The adult smoking rate in Indiana dropped to 21.2 percent last year, a major reduction from the 27 percent rate logged five years ago. Karla Sneegas, assistant commissioner of the State Health Department’s Tobacco Prevention and Cessation Commission, discussed the progress, as well as her agency’s efforts to help employers help their workers quit smoking.
For me, the weekend included seeing David Hyde Pierce, playing lots of games, and seeing the apes rise.
Hartford-based Aetna Inc. and Philadelphia-based Cigna Corp., the nation’s third- and fifth-largest health insurers respectively, have announced their departure from Indiana’s individual health insurance market.
Jay Love, who co-founded and sold software maker eTapestry for $24.8 million in 2007, will return to Indianapolis to lead the growing search engine optimization firm.
The Warsaw-based company has sued seven law firms this year and sent warning letters to at least three more, saying their ads and Internet postings distorted the safety record of its $1.8 billion-a-year knee business.
The federal deal targets "discretionary funding," which is where a good chunk of the roughly $9 billion the state collects from the federal government each year falls.
Former Indiana University President John W. Ryan, who oversaw the creation of two regional IU campuses during his 16-year tenure and had a hand in the university's development spanning 50 years, died early Saturday at age 81, school officials said.
The new 500-seat theater completes Carmel’s Center for the Performing Arts.
Indiana University officials say they're looking for ways to fund foreign language instruction after federal officials cut their funding by $1.7 million.
A Los Angeles judge on Friday tentatively ruled against Indiana Pacers owner Herb Simon and his wife in the beginning phase of a wrongful dismissal trial involving the nanny that they fired.
Market swings continued all day after a better-than-expected employment report. By the market's close, the Dow was up 60 points, or 0.54 percent, to 11,444.
City and county officials across Indiana are starting to wrestle with how they'll deal with the state's plan to recoup roughly $610 million it overpaid local governments for income taxes it expected to collect.
DB Klain Construction has completed a 6,095-square-foot office build-out for the Indiana State Bar Association at One Indiana Square.
-OC Repair & Fabrication renewed its lease for 15,462 square feet of industrial space at 2112 Early Lane. The landlord, Franklin Group LLC, was represented by Bill Brennan and Mike Medlock of Lee & Associates. The tenant represented itself.
-Dentex Systems Inc. leased 8,251 square feet of industrial space at 5360 W. 84th St. The tenant was represented by Bob Dominguez of Colliers International. The landlord, Roberts Co. Inc., represented itself.
-Camp Dresser McKee leased 6,200 square feet of office space at 429 N. Pennsylvania St. The tenant was represented by Paul Hartley of NAI Avant. The landlord, LDSI Investments of Indiana LLC, was represented by Matt Urbanski of Stenz Realty Group.
-Bath & Body Works renewed its lease for 5,000 square feet at Southport Commons, 4850 E Southport Road. The landlord, Southport Commons LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate. The tenant represented itself.
-The National Interscholastic Athletic Administrators Association leased 4,565 square feet of office space at 9100 Keystone Crossing. The tenant was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The landlord, Keystone Investors LLC, was represented by Abby Cooper and John Robinson of Jones Lang LaSalle.
-Odle McGuire and Shook leased 3,640 square feet of office space at 429 N. Pennsylvania St. The landlord, LDSI Investments of Indiana LLC, was represented by Matt Urbanski of Stenz Realty Group. The tenant represented itself.
-Orange Leaf Self-Serve Frozen Yogurt leased 2,500 square feet of retail space in Harlan Center, 7565 E. US Highway 36, Avon. The tenant was represented by Donna Hovey of CB Richard Ellis. The landlord, Harlan Development Co., was represented by Cheryl Moore of Harlan Enterprises.
-Blue Fin Seafood Corp. renewed its lease for 2,171 square feet of industrial/flex space in Elmwood Tech, 5575 Elmwood Ave. The landlord, Skyline Property Group, was represented by Brady Clements of Skyline. The tenant represented itself.
-CH2M Hill leased 1,875 square feet of office space at 429 N. Pennsylvania St. The tenant was represented by Ed Troha of Welbourne Realty. The landlord, LDSI Investments of Indiana LLC, was represented by Matt Urbanski of Stenz Realty Group.
-LuLu’s Electric Café Inc. leased 1,606 square feet at North Willow Mall, 2292 W. 86th St. The tenant was represented by Jack Hogan of Hogan Commercial Real Estate LLC. The landlord, Township 86th Development Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Midwest Energy Partners LLC leased 1,400 square feet of office space at 201 S. Capitol Ave. The landlord, Coastal Partners LLC, was represented by Bennett Williams and Pete Anderson of Cassidy Turley. The tenant represented itself.
-Navigant Consulting leased an additional 1,357 square feet at One Parkwood, 250 E. 96th St. The tenant was represented by Dan Fisk and Brian Askins of UGL Equis. The landlord, Duke Realty, was represented by Adam Seger of Duke.
-CG Bear Harbor LLC leased 1,200 square feet of retail space at Harbour Shoppes, 131 S. Harbour Drive, Noblesville. The tenant was represented by Andrew Clifford of Clifford Realty. The landlord, MidAmerican Terminal Service Inc., was represented by Harvey Levin of Coldwell Banker Commercial Realty Services.
On a seasonally adjusted basis, the pace of mortgage loan applications grew 7.1 percent for the week ended July 29, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.45 percent from 4.57 percent the previous week. The rate for 15-year mortgages fell to 3.52 percent from 3.67 percent.