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.
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–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.
-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.
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.
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].
Ambrose Property Group broke ground last month on a 13,000-square-foot building at Intech Park that will house about 75 Social Security Administration employees.
The long-vacant Keystone Towers apartment complex will be imploded Aug. 28 at 8 a.m., the Department of Metropolitan Development announced Monday afternoon.
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.
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.
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.
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.
The massive space in Circle Centre mall vacated by high-end retailer Nordstrom could be used to host corporate events surrounding the big game.
A crisis-conquering deficit-reduction agreement struck by the White House and congressional leaders after months of partisan rancor picked up momentum Monday.
Warsaw-based Biomet Inc., which makes orthopedic implants, rolled out a restructuring plan in its knees and hips division that will trim 21 positions in the United States and another 60 to 80 in Europe, according to the Times-Union newspaper in Kosciusko County. Separately, Biomet said it will lay off an unspecified number of employees at its manufacturing plants in England and Wales. “The company believes these changes are necessary for it to meet the challenges it faces in the market today,” Biomet officials said in a statement given to the Times-Union. Orthopedic implant makers have been challenged in recent years because a settlement with the Department of Justice curtailed some of their marketing practices and because the economic downturn caused many patients to delay elective surgeries. Biomet, which is owned by a consortium of private equity firms, had 7,400 global employees as of March, with 1,700 of those in Indiana.
Indianapolis-based Eli Lilly and Co. won an appeals court ruling in its effort to block generic versions of attention-deficit treatment Strattera, according to Bloomberg News. On July 29, the U.S. Court of Appeals for the Federal Circuit in Washington, D.C., overturned a lower court judge’s decision that Lilly’s patent on the medicine was invalid. The Federal Circuit remanded the case to the lower court for further proceedings. The patent expires in 2017. Strattera generated sales of $577 million last year for Lilly. The company had won an order that prevented drugmakers including Mylan Inc. and Teva Pharmaceutical Industries Ltd. from entering the market with a generic version until this appeal was decided.
St. Vincent Health will match Indiana University Health in Fishers, turning its free-standing emergency room and outpatient center into a 40-bed inpatient hospital. The two facilities are a stone’s throw away from each other at the intersection of Olio Road and Interstate 69. The expansion will add 110,000 square feet to St. Vincent’s existing facility, which opened in 2008. It will include 30 medical/surgical beds and 10 medical observation beds, as well as 10 labor-delivery-recovery-postpartum rooms. The larger facility will create 200 jobs. Construction is set to begin in September and should be completed by December 2012.
An Indianapolis angel investment firm focused on life science startups has now expanded to Warsaw. StepStone Business Partners LLC also has chapters in Indianapolis and Anderson. Warsaw is home to three major orthopedic implant makers—Biomet, Zimmer Holdings Inc. and DePuy Orthopaedic Inc.—as well as more than 20 other suppliers, parts manufacturers and services firms that support the orthopedics industry. StepStone will be looking to fund new entrants to the industry cluster, companies that have gotten off the ground but that are not big enough to attract institutional investment. “These companies are very early-stage. They have minimum management teams. They basically have what they need and what they can afford,” said Oscar Moralez, managing partner and co-founder of StepStone. The group, which includes about 20 investors, has already invested in OrthoPediatrics Corp., a Warsaw-based firm that makes implants for children. Moralez envisions building a statewide angel network. He’s looking at adding two or three more chapters by mid-2012.
Indianapolis-based HealthNet has opened a satellite community health center on East 38th Street, in partnership with the Community Alliance of the Far Eastside and with a $200,000 gift from The Glick Fund. The new health center is expected to serve more than 2,000 patients a year, many living below the federal poverty level. The 1,300-square-foot health center has six exam rooms, a laboratory and office space. The center initially will offer only pediatric and OB/GYN services, but HealthNet plans to expand in a few months to add adult primary care and behavioral health care. The new health center is HealthNet’s ninth facility in Indianapolis.
Future of Brickyard 400 is another weighty issue for Hulman & Co. board of directors to ponder.
Victoria Champion, a registered nurse and professor at the Indiana University School of Nursing, has been named associate director of population science research at the IU Melvin and Bren Simon Cancer Center. Champion has conducted research on behavioral oncology that has helped with earlier discovery of cancer.
Dr. Adam M. Paarlberg has joined Beech Grove Family Medicine of St. Francis Medical Group. He most recently worked in the emergency department at Rushville Memorial Hospital and completed residency training at Franciscan St. Francis Health. Paarlberg holds a bachelor’s in religion from Wabash College and earned his medical degree at the IU School of Medicine.
Dr. Tobi Reidy, a colon and rectal surgeon, has established a practice with Kendrick Colon and Rectal Center, which is owned by Franciscan St. Francis Health. She earned her medical training at Nova Southeastern University-College of Osteopathic Medicine.
Dr. Jessica Saberman, a family and pediatric physician, recently joined Indiana University Health Physicians in Fishers. She had been part of the St. Vincent Physician Network in Fishers since 2002.
Dr. Brett Neff, a family physician, will join IU Health Physicians Northside Adult & Pediatric Care, in Carmel, on Aug. 25. Neff also used to be part of the St. Vincent Physician Network in Fishers.
Dr. Jessica Swenberg and Dr. Jama Gail Edwards, both family physicians, are joining IU Health Physicians in Zionsville. Swenberg previously practiced at the Village Doctors in Zionsville. Edwards has been an independent family physician in Zionsville since 2001.
Dr. Laura Calili recently joined IU Health Physicians as a new pediatrician in Greenwood.
The commercial real estate brokerage Meridian Real Estate is picking up the NAI Global affiliation previously held by Olympia Partners, which folded in January after a 20-year run.
Deloitte found that 20 percent of consumers have cut back on health care spending and 75 percent say the economic slowdown has had some impact on their willingness to spend on health care.
With recession-weary Americans going to the doctor less, health insurer WellPoint Inc. should be enjoying higher profits. But it isn’t working out that way.
Indiana’s Mitch Daniels has gone from considering a run for president to finishing out his second and last term as governor.