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EDITORIAL: Nordstrom loss not death knell for downtown

The news that Nordstrom Inc. will close its Circle Centre mall store July 31 is proof that the suburbs still rule where retail is concerned, but it shouldn’t signal a repeat of the gradual decline downtown suffered when merchants began leaving the city’s core in the 1950s.

Legal issues follow local race team into 500 weekend

Indianapolis-based Panther Racing, which has two drivers in this weekend’s Indy 500, has been sued by a former employee, its former landlord and even one of its former drivers, mostly over allegations of not paying its bills.

Swipe-fee reforms will ensure prosperity

Merchants in the Hoosier state have experienced an inordinately swift and severe rise in swipe fees, a charge that card-issuing banks levy against retailers every time a customer uses a debit card to make a purchase.

Families First helps beat addiction

In response to the prescription drug article [in the May 16 Focus section], with the increase in prescription-drug abuse throughout the state, there are two important things to understand:

Do these folks file tax returns?

Morton Marcus [in his May 23 column] may have omitted some things in analyzing the statement about “half the people” not paying taxes.

IPS is improving

There’s been much talk recently about the possibility of mayoral control of Indianapolis Public Schools. Missing in this debate are the voices of the students and families who actually live within and are served by the school district.

Tornado causes injuries, damage in Bedford

At least a dozen people suffered minor injuries when a tornado touched down Wednesday night near Bedford, about 75 miles south of Indianapolis. The tornado and related storm left major damage in Lawrence County, including at least five demolished houses, downed power lines and uprooted trees.

Possible tornado injures 6 in trailer park

Six people, including two children, were injured Wednesday when a possible tornado tore through mobile home park near Bloomington. Two of the victims, a 13-year-old and 7-year-old, had to be cut from a mobile home at Van Buren mobile home park. None of the victims suffered life-threatening injuries. Bloomington authorities received more than 230 calls in the first hour of Wednesday night’s storm, with most calls related to downed trees and power lines.

Zionsville officer badly hurt in crash

A Zionsville police officer was critically injured after crashing into a barn at about 10 p.m. Wednesday in the 6500 block of South State Road 267. Tom Henthorn, 28, was traveling west on County Road 650 South through the intersection of SR 267 before hitting the barn. First responders found Henthorn pinned in the vehicle and unresponsive. It took an hour to extricate him before he was taken to Methodist Hospital. The cause of the crash is under investigation.

Construction

-Kort Builders has completed an 1,800-square-foot retail space for The Sewing Center at 105 S. Raceway Road.

-Kort Builders has completed a 2,800-square-foot restaurant space for Boondogglers at 65 Boone Village, Zionsville.

-Kort Builders has completed a 2,400-square-foot retail space for Sharkey’s Cuts for Kids at 12525 Old Meridian St., Carmel.

People

Colliers International has hired Sherry Caldwell as transaction manager and Katrina Lewis as marketing assistant.

Leases/leasing contracts

-ITT Educational Services Inc. leased 18,386 square feet of office space at 2525 N. Shadeland Ave. The tenant was represented by Sam Smith of Colliers International. The landlord, Western Select Properties LP, was represented by Rich Forslund and Matt Langfeldt of Summit Realty Group.

-Cummins Inc. leased 12,634 square feet of office space in Capital Center, 251 N. Illinois St. The tenant was represented by Yumi Prater and Sam Smith of Colliers International. The landlord, VV USA City LP, was represented by Dan Richardson of CB Richard Ellis.

-Live Nation Worldwide Inc. leased 7,941 square feet at 9100 Keystone Crossing.  The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Sobongo.com leased 6,254 square feet of office space at 7320 E. 86th St.  The tenant was represented by Yumi Prater of Colliers International. The landlord, East 86th Street Partners LLC, was represented by Drew Augustin of Alliance Commercial Real Estate.

-Casa Grande Mexican Restaurant leased the 6,000-square-foot former Max & Erma’s restaurant at The Pavilion at Castleton, 5899 E. 86th St. The tenant was represented by Dave Kaverman of Anthony Wayne Business Exchange. The landlord, Stough Associates LP, was represented by Mark Perlstein of Sitehawk Retail Real Estate.

-La Fuente Mexican Restaurant leased 4,923 square feet at Exit Five Shopping Center, 9771 E 116th St., Fishers. The landlord, Sunbeam Development Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate. The tenant represented itself.

-Presley’s Enterprises LLC leased 4,721 square feet at Precedent Retail Center, 3855 E 96th St. The tenant was represented by Art Small of Realty Executives.  The landlord, The Retail Center At Precedent Park LP, was represented by Mark Perlstein of Sitehawk Retail Real Estate.

-Burns & Wilcox Ltd. leased 4,506 square feet at 8888 Keystone Crossing. The tenant was represented by Dave Black of CresaPartners. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
     
-American Society of Clinical Pathology leased 3,178 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.

-U.S. Rep. Dan Burton leased 1,789 square feet at 8900 Keystone Crossing.  The tenant was represented by John Crisp of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
    
-State Farm Insurance-Tom Grimsly leased 1,420 square feet in Clover Creek Commons, 17160 Dragon Fly, Noblesville. The tenant was represented by Liz Yoho of Providence Partners. The landlord, The National Bank of Indianapolis, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.

-SunQuest Systems Inc. leased 849 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.

Sales/acquisitions

-Wood 96th RE LLC bought two office buildings totaling 34,000 square feet at 3510 and 3520 E. 96th St. The price wasn’t disclosed. The buyer was represented by Ross Reller of Colliers International. The seller, Buckingham Cos., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Electro Reps Inc. bought a 3,500-square-foot office building at 220 N. Rangeline Road, Carmel. The price wasn’t disclosed. The buyer was represented by Brian Fitzgerald of Citimark Management Company Inc. and Matt Carlstedt of Citimark Realty Partners. The seller, JBS Holding LLC, was represented by Peter Pizarro of F.C. Tucker Co.

Court issues restraining order against Lilly

Amylin Pharmaceuticals Inc. says a federal court has issued an injunction preventing drug development partner Eli Lilly and Co. from using the same sales force to sell an Amylin-developed diabetes treatment and a competitor's.