Self-funded plans draw small-firm interest
In the face of new health reform restrictions, expect more small employers to opt for self-funded health benefits, concludes a report this week from Indianapolis-based United Benefit Advisors.
Home » Search
Search Results
14116 results for 'articles'
To refine your search through our archives use our Advanced Search
Drugmakers call off animal-health deal, possible asset sale
Drugmakers Merck & Co. and Sanofi-Aventis SA have abandoned plans to combine their animal-health businesses after wrestling with regulators for a year over potential divestitures.
Indianapolis-based Eli Lilly and Co. was among a list of possible suitors for about $1 billion in assets the two companies considered selling.
Driver crashes into south-side home
A 23-year-old man suffered a fractured neck, a concussion and a cut on his head when he crashed his car into the front of a south-side Indianapolis home early Tuesday morning. Resident Donald Sumpter was sitting on his living room couch about 12:30 a.m. when the car crashed into the home off Thompson Road between Madison and Keystone avenues. He was unharmed, but the driver was taken to Methodist Hospital in critical condition. The cause of the crash is under investigation.
Man dies after hotel shooting
A 28-year-old Indianapolis man died at Wishard Hospital Monday night after being shot in the chest in a hotel on the city’s west side. The shooting took place at America’s Best Value Inn in the 3700 block of North High School Road about 8 p.m. Police found the victim in the hallway on the second floor of the hotel. Police did not immediately know of a motive or suspects.
Man dies in Noblesville crash
A man was killed Tuesday morning in Noblesville when his white 2010 Chevrolet Camaro left the road and crashed head-on into a tree. The single-car crash occurred on East 191st Street between Moontown Road and Old Chicago Road about 12:30 a.m. Police said alcohol and drugs are not suspected in the incident, but high speeds were likely a factor.
Software services firm plans 500 jobs in Evansville
SS&C Technologies said it will create the jobs by investing about $3.9 million to open a service and technology center in the southwestern Indiana city. The company will begin hiring immediately and expects to begin operating in the second quarter of 2011.
Marcadia Biotech principals ponder next course
Marcadia execs French, Hawryluk reflect on massive growth of Carmel firm after sale to Roche.
United Way annual campaign raises $38.2M
United Way of Central Indiana’s 2010 annual campaign fell short of its ambitious $41 million goal, but donations nearly matched the 2009 total.
Minneapolis firm buys Fishers business park
Meritex purchased 306,408-square-foot business park out of foreclosure from Wells Fargo Bank. The previous owner, Kobra Properties, had fallen into bankruptcy.
Parting thoughts on China’s quirks and challenges
Observations on the country’s building boom, drivers, high-speed trains and corporate slogans.
Hunter leaves IUPUI to take coaching job at Georgia State
Coach Ron Hunter has left IUPUI after 17 seasons to take over at Georgia State University, a men’s basketball program that has struggled through most of its existence.
Brightpoint stock sinks on proposed AT&T deal
Brightpoint Inc. stock slumped more than 15 percent Monday after AT&T Inc. announced a $39 billion agreement to buy T-Mobile USA from Deutsche Telekom AG. It continued to slip Tuesday morning.
Daniels signs book deal
The book is scheduled to come out in September and is being billed by Sentinel as a reminder of "America's urgent need for limited but more effective government, fiscal discipline at all levels, increased liberty for individuals, and a restoration of our national greatness.”
Healthy Indiana Plan expansion opposed by some
Indiana wants to use its public health savings account program for low-income adults to cover people who will become newly eligible for Medicaid under the federal health care law beginning in 2014.
Indicted financier Durham ordered released on $1M bond
A federal magistrate in California has ordered a former Indiana businessman accused in a $200 million fraud scheme released on $1 million bond.
Indiana Legislature moves on without boycotting Dems
House Speaker Brian Bosma directed Republican committee chairmen to hold meetings starting this week to discuss Senate bills, even though no official action or votes can be taken until Democrats return and provide the quorum required by the state constitution.
People
David Contis is joining Simon Property Group Inc. as senior executive vice president and president of the company’s mall platform. Contis, the current president of real estate for Chicago-based Equity Group Investments, starts work May 2.
Residential
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 0.7 percent for the week ended March 11, according to the Mortgage Bankers Association. The interest rate for 30-year mortgages decreased to 4.79 percent from 4.93 percent the previous week. The rate for 15-year mortgages fell to 4.03 percent from 4.17 percent.
Leases/leasing contracts
-Wolters Kluwer Health Inc. leased 26,977 square feet of office space at 8425 Woodfield Crossing. The tenant was represented by Mark Friedman of Colliers International. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
-Virtual Marketing Strategies Inc. leased 20,578 square feet of office space at 8425 Woodfield Crossing. The tenant was represented by Matt Langfeldt of Summit Realty Group. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
-Durkin & Villalta Partners Engineering Inc. leased 6,180 square feet of office space at 8440 Woodfield Crossing Blvd. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-Stephenson Morow & Semler leased 5,903 square feet of office space at 3077 E. 98th St. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate. The landlord, BREOF Keystone REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-Mark Pi’s China Gate leased 3,107 square feet at Hamilton Crossing Centre, 12297 N. Meridian St., Carmel. The tenant was represented by Frank Swiss of Swissco Real Estate LLC. The landlord, KRG Hamilton Crossing LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Low T Centre leased 2,275 square feet of space from Sycamore Springs Office Park, 4735 Statesman Drive, Suite B/C. The tenant was represented by Kelli Dugan of Newmark Knight Frank Halakar. The landlord, MSE Realty LLC, was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar.
-Verizon Wireless leased 2,271 square feet in Traders Point, Interstate 465 and West 86th Street. The tenant was represented by Jamison Downs of Dorsand Management Co. The landlord, Kite West 86th Street LLC, was represented by Blake Beaver of Kite Realty Group.
-R. Lynda Designs leased 2,247 square feet in Traders Point, Interstate 465 and West 86th Street. The tenant was represented by Keith Fried of Sitehawk Retail Real Estate Services. The landlord, Kite West 86th Street LLC, was represented by Blake Beaver of Kite Realty Group.
-Larry Webb State Farm Agency leased 1,600 square feet at Kirby Park, 250 West Carmel Drive, Carmel. The tenant was represented by Sharon Thompson of Keller Williams Commercial. The landlord, Kirby Park, was represented by John Kirby of Kirby Real Estate.
-WealthPoint Advisors LLC leased 1,450 square feet at Woodland Center II, 8335 Allison Pointe Trail. The tenant was represented by Debbie Shumate Johnson of Alliance Commercial Real Estate. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Liberty Tax Service leased 1,250 square feet of office space in South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. The tenant and landlord, HRCP Inc., were represented by Cathy Richards of Lee & Associates.
-DAST Consulting LLC leased 1,059 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.
-Retirement Resources Inc. leased 859 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
-Developer Town Properties Inc. bought a 35,000-square-foot industrial building at 5255 Winthrop Ave. The price wasn’t disclosed. The buyer was represented by Jon Altman of Altman Investments Inc. The seller, Ace Real Estate Inc., was represented by Bob Lindgren and Bill Brennan of Lee & Associates.
-Harold Lee Miller bought the former Mueller Automotive building at 642 and 646 Virginia Ave. The price wasn’t disclosed. The buyer was represented by Sandra Jarvis of IndySQUARED. The seller, Lucille Mueller, was represented by Richard King III of Hokanson Cos.