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Packaging manufacturer plans to expand, add 80 jobs

Indianapolis-based DGP Intelsius LLC, a manufacturer and distributor of temperature-controlled packaging, announced on Tuesday morning that it plans to add 80 jobs by 2014 as part of an $870,000 expansion.

Debt deal would have little impact on economy until 2014

The deal reached by Congress to raise the debt ceiling and cut more than $2 trillion in public spending should have only a minor impact on the economy for the next two years. Almost all the cuts would be made in 2014 or beyond.

Indiana asks court to lift Planned Parenthood order

Indiana asked a federal appeals court Monday to lift a judge's order blocking parts of a new abortion law that cuts some public Planned Parenthood funding, saying the issue should be decided by Medicaid officials and not the courts.

Trial starts in nanny’s suit against Pacers owner

A nanny who worked for Indiana Pacers owner Herb Simon and his wife testified in a wrongful-firing case Monday that the couple knew of her tumultuous life, but decided to keep her on their staff.

Residential

On a seasonally adjusted basis, the pace of mortgage loan applications fell 5 percent for the week ended July 22, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.57 percent from 4.54 percent the previous week. The rate for 15-year mortgages increased to 3.67 percent from 3.66 percent.

Construction

-Kort Builders has completed a 2,800-square-foot office build-out for Civil & Environmental Consultants Inc. at The Maxwell, 530 E. Ohio St.

-Kort Builders has completed a 2,991-square-foot office build-out for Netsurance at 6980 Hillsdale Court.

-Kort Builders has completed a 7,544-square-foot retail space for Cash America at 2428 E. 38th St.

People

–Gabrielle Gonzalez has joined J.C. Hart Co. Inc. as vice president/director of property and asset management.

–Andrea Hopper has joined Summit Realty Group’s industrial advisory team.

Leases/leasing contracts

-Hibachi Grill leased 11,200 square feet at Greenwood Place at U.S. 31 and Shelby Street. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, The Broadbent Co., was represented by Jeff Roberts of Broadbent.

-Living Word Fellowship Inc. leased 10,350 square feet of office space at KeithLynn Business Complex, 8641 E 30th St. The tenant and landlord, KeithLynn Properties, were represented by Tammy Kelly of Re/Max Ability Plus Commercial.

-Hope Source leased 6,993 square feet at 7745 E. 86th St. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, East 88th Street Partnership LLC, was represented by John Demaree and Matt Waggoner of Summit Realty Group.

-WorkOne leased 6,002 square feet of retail space at Plainfield Village, 160 Plainfield Village Drive, Plainfield. The tenant was represented by Shannon Hicks of CB Richard Ellis. The landlord, The Broadbent Co., was represented by Jeff Roberts of Broadbent.

-Sutliff Construction leased 5,200 square feet of industrial space at 1440 Sunday Drive. The tenant and landlord, Schoolcraft LLC, were represented by Mike Medlock and Rick Jones of Lee & Associates.

-M&I Bank renewed its lease for 3,500 square feet at North Willow Mall, 2260 W 86th St.  The landlord, Township 86th Development Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Massage Envy leased 3,200 square feet of retail space at Fishers Corner, 11680 Commercial Drive, Fishers. The tenant was represented by Tracey Holtzman of Midland Atlantic. The landlord, Sena Properties, was represented by Jacque Haynes of Cassidy Turley.

-SalonCentric leased 2,800 square feet of retail space at Washington Corner, 9912-9994 E. Washington St. The tenant was represented by Larry Davis of Sitehawk Retail Real Estate. The landlord, The Broadbent Co., was represented by Jeff Roberts of Broadbent.

-Hearthstone Coffee House leased 2,800 square feet of retail space at Fishers Town Commons, 8211 and 8235 E. 116th St., Fishers. The tenant was represented by Bob Roby of Prudential. The landlord, The Broadbent Co., was represented by Brian Broadbent.

-Brookshire Management, Inc., dba Carefree WorldTravel, leased 2,482 square feet of office space at 8650 Commerce Park Place. The tenant was represented by Chris Carmen and Nick Carmen of Carmen Commercial Real Estate. The landlord, Dhillon Commerce Park LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.

-King Laundry leased 1,842 square feet at Greenwood Shoppes, U.S. 31 and Fry Road, Greenwood. The landlord, The Broadbent Co., was represented by Jeff Roberts of Broadbent. The tenant represented itself.

-J&K Tire leased 1,800 square feet of retail space at 3806 S. Madison Ave. The landlord, Armtrust LLC IV, was represented by Ron Mannon of Lee & Associates.  The tenant represented itself.

-Happy Dragon Asian Carry Out leased 1,635 square feet of retail space at Fishers Corner, 11670 Commercial Drive, Fishers. The landlord, Sena Properties, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Amy’s PJs leased 1,400 square feet of retail space at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, The Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.

-Pounds and Inches Away leased 1,200 square feet of retail space at Castleton Shoppes, 6024-6066 E. 82nd St. The landlord, The Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.  

-Law Office of Mark A. Reder leased 1,021 square feet of office space at 870 Virginia Ave. The landlord, the Leone Family Living Trust, was represented by Sandra Jarvis of IndySQUARED Commercial Real Estate. The tenant represented itself.

Sales/acquisitions

DriveTime Car Sales Co. bought 15 acres and a 66,761-square-foot building at 4090 Lafayette Road. The price wasn’t disclosed. The buyer was represented by Tim Norton and Jeff Merritt of Summit Realty Group. The seller, RCCM LLC, was represented by Harvey Levin of Coldwell Banker Commercial Realty Services.

Attention architects

Have an idea/sketch/layout of what you’d like to see replace the GM stamping plant? We’d like to talk with you for an upcoming Focus section. Please send an e-mail to real estate reporter Cory Schouten, at [email protected].

Child’s death traced to E. coli

Health officials have confirmed that a Hendricks County girl who died last week contracted a deadly E. coli infection. Kalei Welch, 5, died July 28 at Riley Hospital for Children after suffering flu-like symptoms for several days. The Hendricks County Health Department said the girl might have contracted the bacteria at the Hendricks County Fair, possibly at the petting zoo.
 

Bicyclist dies, driver flees scene

Indianapolis police are investigating a fatal hit-and-run crash involving a bicyclist that occurred Sunday just before 3 a.m. The victim, Ronald Coleman, 50, was pronounced dead at the scene along East 46th Street, just east of Emerson Avenue. Police are looking for suspects.
 

State reverses course, gives Planned Parenthood grant

The Indiana Housing Community and Development Authority said in June it would not give Planned Parenthood grant money due to a new state law that blocks funding to the organization because it provides abortions.

Woman gets home detention in hit-and-run

Greenfield resident Sue Ann Vanderbeck was sentenced to four years of home detention Monday morning for her involvement in a hit-and-run accident that killed Greenfield police officer Will Phillips last September. Phillips was riding his bicycle on a training ride on U.S. 40 near New Castle when Vanderbeck, 61, struck him and took off. She turned herself in a week later. Vanderbeck’s sentence could be reduced by two years. Her driver’s license was suspended for six months.
 

Debt deal gaining steam in Washington, D.C.

A crisis-conquering deficit-reduction agreement struck by the White House and congressional leaders after months of partisan rancor picked up momentum Monday.