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Leases/leasing contracts

December 20, 2010

-The Marion County Election Board leased 40,750 square feet of retail space at 3737 E. Washington St.  The tenant was represented by Wendy Michaels of Venture Real Estate Services. The landlord, Icahn Enterprise Holdings LP, was represented by Bob Lindgren and Rick Jones of Lee & Associates.

-All Tune and Lube Center leased 5,400 square feet at 7920 W. 10th St.  The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Jim Crews, was represented by John Fox of Prime Site Brokers.

-Kindred Nursing Centers renewed its lease for 4,740 square feet of space at Woodland I, 8275 Allison Pointe Trail. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.

-LaSalle Street Securities extended and expanded its lease to 2,953 square feet at Woodland I, 8275 Allison Pointe Trail. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.

-Liberty Tax leased 2,500 square feet at 5329 N. Keystone Ave. The landlord, Brooks Investment Co., was represented by Jeff Hubley of Midland Atlantic. The tenant  represented itself.

-Katie’s Professional Dog Grooming leased 2,400 square feet at 234 E. Main St., Plainfield. The landlord, BAO Enterprise, was represented by Jodi Milto of Midland Atlantic. The tenant represented itself.

-All Tune and Lube Center leased 2,000 square feet at 6340 Rockville Road. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Shiloh Holdings LLC, represented itself.

-Titan Restaurant Group LLC, doing business as Donato’s Pizzeria, leased 2,000 square feet at Page Pointe, 435 Virginia Ave. The tenant was represented by Jeff Hubley of Midland Atlantic. The landlord, Page Pointe Development LLC, was represented by Rob Odendahl of Page Development.

-PHI Air Medical Inc. leased 1,936 square feet of office space at 3500 Depauw Blvd. The tenant was represented by Tim Craft of CB Richard Ellis. The landlord, CP Pyramids Associates LP, was represented by David A. Moore, Darrin L. Boyd, and Bennett M. Williams of Cassidy Turley.

-D&M Continuous Solutions LLC leased 1,800 square feet of office space in 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.
    
-P&R Construction leased 1,800 square feet of industrial space in 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.

-Li’s Garden leased 1,400 square feet at Wildcat Shops, 5650 S. Franklin Road. The tenant was represented by Karen Yan of Best Value Realty LLC. The landlord, MAP Franklin Road LLC, was represented by Jeff Hubley of Midland Atlantic.

Sales/acquisitions

December 20, 2010

-W.W. Reynolds Cos. Inc., a Colorado-based real estate developer, has purchased the never-occupied, 781,500-square-foot Getrag transmission manufacturing facility in Tipton. The purchase price was $25 million. The buyer will lease the facility to Colorado-based Abound Solar Inc., which will manufacture solar panels at the plant. The seller, Franklin Advisors LLC, was represented by Patrick B. Lindley of Cassidy Turley. The buyer represented itself.

-New York-based White Eagle Group bought the 220-unit Pebble Point Apartments near Interstate 465 and Crawfordsville Road. The price wasn’t disclosed. The buyer and seller, Denver-based Apartment Investment & Management Co., were represented by Tikijian Associates.

-Duncan Supply Co. Inc. bought a 60,000-square-foot industrial building on 5.61 acres in the Airwest Business Park at 2191 Airwest Blvd. The price wasn’t disclosed. The buyer was represented by Kevin Kempf of Cassidy Turley. The seller, PB Real Estate LLC, was represented by Patrick Lindley of Cassidy Turley.

OWENSBY: Problems, sure. Broken? Not these everyday heroes

December 20, 2010

How should the Indianapolis Metropolitan Police Department be fixed? But it’s not broken.

MAHERN: Indy hotels should give workers a raise

December 20, 2010

The city should not approve another hotel development until it is clear the hotel operator will not pursue the same low-wage path of those who came before it.

LADWIG: Public-sector unions burden taxpayers

December 20, 2010

Our ruin absent heroic stances at the Statehouse and the Governor’s Office, is not only politically likely but mathematically certain.

MUTZ: Reclaim education from the unions

December 20, 2010

No doubt about it. My vote for collective bargaining rights for teachers as a state senator in 1973 was a big mistake. Not my only miscue in public life, but a whopper.

Indiana’s graduation rate improves to 84 percent

December 20, 2010

The state Department of Education says in a report issued Monday that 64 percent of Indiana's public high schools improved their graduation rates from 2009 to 2010.

12 arts days of Xmas: Day 6 – “Wicked” lottery

December 20, 2010

Stand in line for your friend—and you both can see the show for $50.

Power Breakfast Series – Going Green

December 20, 2010

February 11, 2011

Going Green

Skillman won’t run for governor’s seat in 2012

December 20, 2010

Lt. Gov. Becky Skillman issued a statement Monday morning announcing that “minor” health issues will keep her from running for Indiana governor in 2012.

Group opposes city plan to pay water manager Veolia $29M

December 20, 2010

The city should refuse to pay the contract-termination fee given alleged defaults by Veolia, the consumer group says. Veolia is out after city sells the water company to Citizens Energy Group.

Guilty plea expected from ex-Carmel player

December 20, 2010

One of four former Carmel High School basketball players accused of assaulting a teammate is scheduled to be in court Monday to accept a plea deal. During the hearing, Robert Kitzinger is expected to plead guilty to misdemeanor charges of battery and criminal recklessness. Kitzinger is accused of assaulting a teammate in a locker room at Carmel High School. He also could face charges in Hendricks County for a separate hazing incident that took place on a team bus.

Passengers flee I-70 bus fire

December 20, 2010

A Greyhound bus caught fire while traveling on Interstate 70 near Greenfield early Monday, closing the highway for almost two hours. The blaze began about 3:30 a.m. on westbound I-70 just east of Mount Comfort Road. The driver told the Indiana State Police the transmission caught fire and the fire quickly spread. No injuries were reported after passengers evacuated the burning bus. Another bus was called from the Indianapolis Greyhound station to pick up the stranded passengers.

Prudential Indiana adds two Coldwell Banker offices

December 20, 2010

Bringing Carmel and Avon offices under the Prudential brand should help the agency increase its presence in the metropolitan area, particularly on the west side.

Girl struck, killed along Bluff Road

December 20, 2010

Indianapolis police say a 12-year-old girl died after being struck by a drunk driver on the city’s south side Sunday evening. Tierra Pierson and another girl were walking in the right of way along Bluff Road shortly before 6 p.m. when an SUV swerved off the road and hit them. Both girls were transported to Methodist Hospital, where Pierson’s friend was treated for minor injuries. Investigators say the driver, 30-year-old Trenton Gaff, had blood-alcohol content twice the legal limit of 0.08 percent. Gaff was arrested and faces felony charges of driving under the influence causing death. IMPD Officer Ryan Asher suffered minor injuries when his squad car was struck by an 83-year-old driver during the accident investigation.

Insurer for Durham firm to settle suits for $5.5M

December 20, 2010

The agreement allows embattled financier Tim Durham to remain on the board of CLST Holdings, but mandates he step down as chairman and not vote on any matter unless doing so would make the board unanimous.

Duke Realty planning $967M in property deals

December 20, 2010

The Indianapolis-based real estate investment trust said it will sell 3.1 million square feet of suburban office space for $516.7 million and buy 4.9 million square feet of mostly industrial space for $450 million.

Ricker rebranding 17 Indianapolis convenience stores

December 20, 2010

Anderson-based Ricker Oil Co. is changing the name on the ampm shops, which it acquired in 2008 from a division of oil giant BP, to match the remainder of its 50 Indiana stores.

You-review-it Monday

December 20, 2010

What did you see on the A&E front this weekend?

Wayne County couple gives millions to area charities

December 20, 2010

Marlowe and Patricia Kluter of Richmond designated 13 churches, schools and charities to share more than $6 million from their estate.

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