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Shoppers evacuated from Plainfield Wal-Mart
The Wal-Mart store in Plainfield was evacuated shortly after 8 a.m. Tuesday after a contractor accidentally cut into a refrigerant line in the dairy cooler. Emergency crews from Plainfield, Avon and Danville responded to the call. About 100 customers and employees were inside the store at the time. Authorities said no one was injured. Hazardous materials crews shut off the line and tested the air inside the store to make sure it was safe before allowing employees to return about 9:30 a.m. The store is expected to reopen this morning.
Brownsburg teacher fired for threatening student
Despite a show of support from students and parents, Brownsburg High School orchestra teacher Christian Starnes was fired Monday for verbally threatening a problem student. Starnes admitted the transgression and said he accepted the consequences of his actions. The Brownsburg School Board terminated his teaching contract at the recommendation of Superintendent Jim Snapp. Students and parents who attended the meeting were not permitted to address the board.
Video could have answers in disappearance
Ten days after an Indiana University student vanished, Bloomington police said Monday they plan to release enhanced security camera video in the hope the public can help identify the vehicle or vehicles that drove through the area around the time the woman disappeared. Lauren Spierer, 20, was last seen walking home alone from a friend's apartment about 4:30 a.m. June 3. Police Capt. Joe Qualters said one—and possibly two—vehicles are visible in video sequences police obtained from cameras near where the Greenburgh, N.Y., native vanished. Police want to talk to the drivers, and if it turns out the footage actually shows one vehicle circling through the area, that would be particularly interesting, he said.
Economic indicators signal lower prices ahead
Consumers are spending cautiously in the face of still-high gasoline and grocery-store prices, slowing economic growth. But some relief could be on the way.
CIRTA launches campaign to support mass transit
The goal is to show state lawmakers the support that exists for local funding options that might improve mass transit. Organizers plan to deliver the signatures when the next legislative session convenes in January.
WRTV up for sale
Station owner McGraw-Hill plans to sell its nine television stations, including the Indianapolis ABC affiliate. The impact on local operations is unclear.
ICVA expects to fall short of 2011 room-night goal
The convention association set out to book 725,000 hotel room nights this year for future meetings but so far is trending below the goal. An aggressive drive last year exhausted many of its prospects, new ICVA CEO Leonard Hoops said.
Airport Borders store on bankrupt chain’s hit list
Indianapolis International Airport officials could know by next week whether the Borders bookstore inside the terminal will survive a third round of store closures tied to the chain’s Chapter 11 bankruptcy proceedings.
Carmel senior-living project to create 340 jobs
Carmel Mayor Jim Brainard on Tuesday unveiled details of a multimillion-dollar project expected to create more than 200 construction jobs and 140 permanent positions over the next two years.
Report paints brighter picture for retail
The real estate investment firm Marcus & Millichap says vacancy rates and tenant concessions in Indianapolis are falling while rents and sale prices are poised to rise.
Construction
-Capitol Construction Services Inc. has completed a 7,139-square-foot building for Dr. Jody Friedman, DDS, at 4011 Westfield Road, Westfield, and built out a 4,139-square-foot space for Friedman Family Dentistry within the building.
-Capitol Construction Services Inc. has completed a 25,201-square-foot build-out for Southern Wine and Spirits at 8500 Keystone Crossing.
Residential
On a seasonally adjusted basis, the pace of mortgage loan activity decreased four-tenths of a percent for the week ended June 3, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.54 percent from 4.58 percent the previous week. The rate for 15-year mortgages dropped to 3.67 percent from 3.78 percent.
Leasing/leasing contracts
-Creative Converting leased 18,041 square feet of office space at 6602 E 75th St. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Capozzoli Advisory for Pensions Inc., was represented by Andrew Martin of Cassidy Turley.
-Electronic Evolutions Inc. leased 13,000 square feet of office space at 535 W. Carmel Drive, Carmel. The tenant was represented by Stephen Adams of Hokanson Inc. The landlord, Greg Dawson & Associates, was represented by Matt Waggoner and Tom Hadley of Summit Realty Group.
-Pepperidge Farm leased 9,000 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Don Ballard and Steve Beals of Lee & Associates. The landlord, Forester Properties, was represented by Kyle Powell of Cassidy Turley.
-USA Fireworks leased 5,880 square feet of retail space at Sherman Commons, 3709 E. Washington St. The tenant and landlord, Indy Management Group, were represented by Herb Feldmann and Cindy Hoskinson of Lee & Associates.
-The Stacked Pickle leased 5,100 square feet at Fishers Station, 11621 N. Fishers Station Drive, Fishers. The tenant was represented by Brian Epstein of Urban Space. The landlord, Fishers Station Development Co., was represented by Blake Beaver of Kite Realty Group.
-CBDM Inc., doing business as The Local Eatery & Pub, leased 4,845 square feet at Bridgewater Marketplace, 146th and Gray Road, Westfield. The tenant was represented by Nicholas Wright of Newbridge Commercial Real Estate Inc. The landlord, KRG Bridgewater LLC, represented itself.
-USA Fireworks leased 4,200 square feet of retail space at Prairie Lakes, 14350 Mundy Drive, Noblesville. The tenant and landlord, Prairie Lakes Development LLC, were represented by Herb Feldmann and Cindy Hoskinson of Lee & Associates.
-J. Rasso’s Italian restaurant leased 3,741 square feet at Hamilton Crossing Centre, 12201 N. Meridian St., Carmel. The tenant was represented by Steve Tatum of Steve Tatum Commercial Real Estate. The landlord, KRG Hamilton Crossing LLC, was represented by Blake Beaver of Kite Realty Group.
-Viva Dental leased 3,010 square feet at Washington Market, 10409 E. Washington St. The tenant was represented by Kelli Membreno of Libertad Real Estate. The landlord, Sandor Development, was represented by John Holloway of Sandor.
-Foot Euphoria leased 2,912 square feet of retail space at Fortune Plaza, 9655 U.S. Hwy 36, Avon. The tenant was represented by Rick Jones of Lee & Associates. The landlord, Fortune Enterprise B LLC, was represented by Greg Smith of Colliers International.
-Body One Physical Therapy leased 2,483 square feet of retail space at Cherry Street Plaza, 310 E. Main St., Westfield. The tenant was represented by Tim O’Brien and Yumi Prater of Colliers International. The landlord, Cherry Street Plaza LLC, was represented by Ron Mannon of Lee & Associates.
-Maurel Bridal Boutique leased 2,280 square feet at West Washington & Belmont Market, 2111 W. Washington St. The tenant was represented by Kelli Membreno of Libertad Real Estate. The landlord, Sandor Development, was represented by John Holloway of Sandor.
-Revol Wireless leased 1,600 square feet at Honey Creek Plaza, 5408 W. 38th St. The landlord, Sandor Development, was represented by John Holloway of Sandor. The tenant represented itself.
-1-Call Contractor Services leased 1,500 square feet of industrial space at Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-Crooked Creek Community Development Corp. leased 1,200 square feet at Smarts Plaza, 7003 N Michigan Road. The landlord, Sandor Development, was represented by John Holloway of Sandor. The tenant represented itself.
-Asia Bistro leased 1,200 square feet at Fishers Station, 7400 E. Fishers Station Drive, Fishers. The tenant was represented by Karen Yan of Best Realty. The landlord, Fishers Station Development Co., was represented by Blake Beaver of Kite Realty Group.
Sales/acquisitions
-Zink Properties LLC bought a 9,994-square-foot truck terminal and a 4,260-square-foot repair facility at 3340 Shelby St. The price wasn’t disclosed. The buyer was represented by Ron Foster of Echelon Realty Advisors. The seller, Djuric Terminals LLC, was represented by J.D. Graves of CB Richard Ellis.
-Tube Processing Corp. bought a 16,700-square-foot industrial building at 3802 Shelby St. The price wasn’t disclosed. The buyer was represented by Luke Wessel of Cassidy Turley. The seller, Bordon D. Crews Revocable Trust, was represented by Stan Elser of Lee & Associates.
State agency rejects Planned Parenthood tax credit
Planned Parenthood of Indiana is fighting the Indiana's Housing and Community Development Authority over the loss of a fundraising tax credit because of a new law that strips the not-for-profit of state funding.
Driver shot on I-65 in Indianapolis
Indiana State Police are investigating a Sunday morning shooting on Interstate 65 just north of downtown. About 1:40 a.m., troopers responded to a report of a single-car crash on southbound I-65 near 21st Street. A witness told police he heard gunshots just before the crash and saw someone jump out of the car and run away. The driver, 29-year-old Christopher Summers, turned up a short time later at a restaurant in the 2500 block of Martin Luther King Drive with a gunshot wound to his left hip. He was treated at Wishard Hospital and released. Summers told investigators a black Monte Carlo with dark tinted windows pulled beside his car and someone fired shots from the open passenger window. He then lost control of his vehicle and crashed into the barrier wall.
Hogsett calls for plan to fight gun violence
U.S. Attorney Joe Hogsett plans to meet with Marion County law enforcement leaders this week to develop a plan to combat gun violence. Over the last week, four people have been shot and killed in Indianapolis, including a 61-year-old man shot by a stranger while coming home from work. Among Hogsett’s ideas: pursuing federal charges in gun crimes, which he says keep offenders behind bars longer.
Spierer search begins second week
Volunteers are continuing their search for missing Indiana University student Lauren Spierer, who was last seen walking home from a friend’s Bloomington apartment early June 3. Search groups are working two shifts, beginning at 11 a.m. and 5:30 p.m. Police, meanwhile, said an “America’s Most Wanted” television show segment about 20-year-old Spierer’s disappearance generated at least 30 to 40 tips, but so far none of them have led to major breakthroughs in the case.
Q&A
Vi Shukla is a scientific leader at Indianapolis-based Dow AgroSciences LLC, focused on its Exzact Precision Technology tools for genetic engineering of plants and crops. Dow Agro used the technology in its own crop seed products, and has also been licensing for use in tomatos and trees.
