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-Kort Builders has started construction of a 2,700-square-foot retail space for Cash America at 5103 E. 16th St.
-Kort Builders has started construction of a 3,000-square-foot retail space for Soma Intimates at 14300 Clay Terrace Blvd., Carmel.
-Kort Builders has completed a 2,000-square-foot medical space for Decatur Vein Clinic at 105 S. Raceway Road.
Bradley Bullock has joined City Real Estate Advisors as senior vice president of acquisitions.
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 2 percent for the week ended April 1, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.93 percent from 4.92 percent the previous week. The rate for 15-year mortgages decreased to 4.14 percent from 4.16 percent.
-Stanley Convergent Security Solutions Inc. leased 27,058 square feet of office space at One Concourse at Crosspoint, 9998 Crosspoint Blvd. The tenant was represented by Nick Arterburn of CB Richard Ellis. The landlord, Edgeworth Laskey Properties LLC, represented itself.
-Indy Tube Fabrications LLC leased 8,080 square feet at 1102 Roosevelt Ave. The tenant was represented by Tim Garner of CB Richard Ellis. The landlord, 1102 Roosevelt LLC, was represented by Tony Hupp of Summit Realty Group.
-Rent-A-Center leased 4,800 square feet at Bel-Aire Shopping Center, 2325 E. State Road 44, Shelbyville. The landlord, Mer-Car Corp., was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Century Personnel Inc. leased 4,407 square feet at Two Penn Mark, 11555 N. Meridian St., Carmel. The tenant was represented by Yumi Prater and Jim Logan of Colliers International. The landlord, Westminster, was represented by Tristan Glover of Zeller Realty Group.
-Advance Physical Therapy leased 3,718 square feet at Herriman Corner, 14460 Herriman Blvd., Noblesville. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Nestani LLC, was represented by Donna Hovey of CB Richard Ellis.
-Simply Chic leased 3,600 square feet at North by Northeast Shopping Center, 7820 E. 96th St., Fishers. The landlord, NNE Associates LLC, was represented by Robyn Smart of CB Richard Ellis. The tenant represented itself.
-Indy Salon leased 1,600 square feet at Eagle Highlands Shopping Center, 6920 Eagle Highlands Way. The landlord, Valtesi I LLC., was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Dental Oasis leased 1,567 square feet at McCordsville Commons, 5767 W. Broadway, McCordsville. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, McCordsville Commons LLC, was represented by Paul Rogozinski of Veritas Realty.
-Midwest Jewelry & Coins leased 1,440 square feet at North by Northeast Shoppes, 8240 E. 96th St., Fishers. The landlord, Glendale Partners of North by Northeast II LLC, was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself.
-Daisies & Denim leased 1,400 square feet at Fishers Crossing Shoppes, 11844 Allisonville Road, Fishers. The landlord, Glendale Partners at Fishers Crossing Inc., was represented by Paul Rogozinski of Veritas Realty. The tenant represented itself in this transaction.
-Phyllis’ Soul Food leased 1,400 square feet at Shadeland Corner, 4558 N. Shadeland Ave. The landlord, Shadeland Center LLC, was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.
-Gold Gals leased 1,200 square feet of retail space in Speedway Supercenter, 5804 Crawfordsville Road. The tenant was represented by Scot Courtney and Bart Jackson of Lee & Associates. The landlord, Centro Bradley SPE 5 LLC, was represented by Heather Blacketer of Centro Properties.
-Get In Shape For Women leased 1,000 square feet in Town Center at Geist, 11720 Olio Road, Suite 800, Fishers. The tenant was represented by Keith Kleinmaier of Retail Realty. The landlord, Flynn & Zinkan Holdings II LLC, represented itself.
-Gold Gals leased 945 square feet of retail space in George Thomas Plaza, 1028 N. Shadeland Ave. The tenant was represented by Scot Courtney and Bart Jackson of Lee & Associates. The landlord, Ladywood Apartments LLC, was represented by Cindy Hoskinson of Lee & Associates.
-Orangutan Software leased 800 square feet at 126 E. Main St., Carmel. The landlord, MB Shopping Centers Inc., was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.
-Fastenal Co. bought an 18,800-square-foot industrial building at 930 W. 16th St. The price wasn’t disclosed. The buyer was represented by Kyle Powell and Don Triebec of Cassidy Turley. The seller, O’Brien Keystone Realty, was represented by Brad King and Tim O’Brien of Colliers International.
-Idiz Inc. bought a 1,728-square-foot office building at 6531 Ferguson St. The price wasn’t disclosed. The buyer was represented by Joe Shoemaker of MacDuff Realty Group. The sellers, Christine and Edward Hazel, were represented by Matthew Broderick of Acorn Group Inc.
McGowan Insurance Group plans to build a $2.75 million, 19,000-square-foot building at 355 Indiana Avenue.
Fraud suspect Tim Durham was released from a halfway house on Monday, after a more thorough accounting of his finances was presented to a federal magistrate. Durham had been at the Indianapolis facility since Wednesday.
Indianapolis-based class ring and yearbook maker Herff Jones will sell its photography division to Lifetouch Inc., the company announced Monday.
A violent head-on collision in Madison County sent three people to area hospitals, including Barbara Sauri, 52, of Alexandria, who died from her injuries. The accident occurred about 7:30 p.m. Sunday on State Road 28 near Elwood. Police say a car driven by a 19-year-old male crossed the center line and slammed into a minivan. A dog was also killed in the crash.
Shoppers feeling pinched at the pump say their budgets are also taking a hit inside the grocery store. According to farming advocate Indiana Farm Bureau Inc., grocery prices are up about 4 percent from the last quarter of 2010. The bureau selects shoppers around the state to buy the same 16 items every quarter and report the prices. This quarter, 13 of the 16 items on the list increased in price. Deli sliced ham, shredded cheese, orange juice and ground beef topped the list of items that have gotten more costly.
Two people lost their lives Monday morning in separate traffic accidents on Interstate 70 in Indianapolis. Indiana State Police shut down all eastbound lanes of the interstate about 3:15 a.m. after a car crashed into the median wall near the Keystone/Rural exit, killing a 34-year-old local woman. All lanes were reopened by 5 a.m. Another person was killed and at least four people injured about 9 a.m. on the west side of the city in a seven-car accident in the westbound lanes of I-70 near I-465.
Horrifying crime takes the life of talented member of Indy arts community.
The Senate Election Committee on Monday released proposed new district maps for Indiana's nine congressional and 50 state Senate districts.
Officials from Indiana Medicaid and a hospital trade group are trying to craft a deal that would create a tax on hospitals that would help attract more federal funds for hospitals—thereby offsetting looming cuts in state payments.
A House committee is expected to consider Daniels' proposal for teacher merit pay on Monday, and a Senate committee could vote on the Republican governor's controversial plan for private school vouchers on Wednesday.
Retailer bankruptcies likely will weigh on earnings of retail landlords, especially those that own shopping centers and mid-quality malls, an analyst said. But upscale mall owners like Simon Property Group should feel a smaller impact.
Chicago-based Pasquinelli Homebuilding is seeking bankruptcy liquidation for all its business entities, including Portrait Homes Indiana, which built hundreds of homes in the Indianapolis area.
The Indianapolis-based health care company’s stock, which trades on the NYSE Amex Equities exchange, has closed at an average price of less than 20 cents over a consecutive 30-day trading period, triggering the warning.
Utility says increase reflects executive’s broader responsibilities.
