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On a seasonally adjusted basis, the pace of mortgage loan activity decreased 0.2 percent for the week ended Oct. 1, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.25 from 4.38 the previous week. The rate for 15-year mortgages fell to 3.73 percent from 3.77 percent.
-Halloween USA leased 28,222 square feet at Greenwood Point, 8000 S. U.S. Highway 31. The landlord, Broadbent Cos., was represented by Broadbent’s Jeff Roberts. The tenant represented itself.
-HCH Enterprises leased 7,850 square feet in Stony Creek Park, 15232 Herriman Blvd., Noblesville. The tenant and landlord, Herriman & Keeler, were represented by Herb Feldmann and Cindy Hoskinson of Lee & Associates.
-Wonderware North leased 5,499 square feet at 8770 Guion Road. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, Fortune Park Associates, was represented by Scott Levinson of Urbahns Cos. Inc.
-Malcolm Prinie leased 4,986 square feet of office space at Castle Creek VI, 5975 N. Castle Creek Parkway. The tenant was represented by Emmett Purcell of USI Real Estate. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.
-Guadalajara Bar and Grille leased 4,900 square feet at Washington Corner, 9900 E. Washington St. The landlord, Broadbent Cos., was represented by Broadbent’s Jeff Roberts. The tenant represented itself.
-Trustworthy Land Title renewed its lease for 3,953 square feet at Castle Creek VI, 5975 N. Castle Creek Parkway. The tenant was represented by Ralph Balber of Halakar Properties. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.
-Yellow Book Sales and Distribution Co. Inc. leased 3,764 square feet at Crosspoint Plaza One, 10475 Crosspoint Blvd., Fishers. The tenant was represented by Patrick Chittenden and Aasif Bade of Ambrose Property Group. The landlord, Lexington Realty Trust, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.
-Teppanyaki Boy leased 2,245 square feet at Avon Creek, 10022 U.S. Highway 36, Avon. The landlord, Sandor Development Co., was represented by Sandor’s Jamison Downs. The tenant represented itself.
-Trust Solutions leased 2,203 square feet at Castle Creek IV, 5875 N. Castle Creek Parkway. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners. The tenant represented itself.
-Future Electronics Corp. leased 1,316 square feet of office space at Castle Creek V, 5750 N. Castle Creek Parkway. The tenant was represented by Nicholas Svarczkopf of CB Richard Ellis. The landlord, Blue Real Estate, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.
-Sign Factory leased 1,300 square feet at Castleton Point, 5305 E. 82nd St. The tenant was represented by Brad King of Colliers International. The landlord, Broadbent Cos., was represented by Broadbent’s John Beuoy.
-Josaline Alterations leased 1,050 square feet at Old Town Shoppes, 1202 W. 86th St. The tenant was represented by Kelli Membreno and Veronica Martinez of Libertad Real Estate. The landlord, Sandor Development Co., was represented by Sandor’s Jamison Downs and John Holloway.
Clarke Engineering bought a 31,000-square-foot building at 9100 Fall View Drive, Fishers. The price wasn’t disclosed. The buyer was represented by Greg Folz and Michael Weishaar of Cassidy Turley. The seller, Wells Fargo Bank, was represented by Nick Svarczkopf and Dan Richardson of CB Richard Ellis.
An appeals court said union workers were eligible for just a couple of months of back pay, rather than for 20 years of back pay.
The Indiana Court of Appeals issued a ruling today that will force a trial court to significantly reduce a $42.4 million award handed down last year to state employees who alleged they were owed back pay. The long-delayed 1993 suit was filed by state employees who were required to work 40 hours a week while […]
Indianapolis First Lady Winnie Ballard and Colts Vice President Kalen Irsay turned downtown’s Central Canal pink early Friday morning to recognize Breast Cancer Awareness Month. The canal has been turned blue, teal and green before, but this is the first time it’s been pink. Lucas Oil Stadium will be bathed in pink Sunday afternoon when the Colts will take on the Kansas City Chiefs.
A driver slammed into a tornado-siren pole this morning on the west side of Indianapolis, knocking it over. She was taken to Methodist with complaints of stomach and back pain. The accident occurred near Cossell Road and West Michigan Street just before 5 a.m. The woman said she was distracted by something on her windshield before swerving and hitting the pole.
Indianapolis police are investigating the suspicious death of a 64-year-old man on the city’s southeast side. The man’s ex-wife and daughter had not heard from him since Tuesday, so they stopped by his home on Walker Avenue to check on him Thursday at about 9 p.m. The man was dead and the house appeared to have been ransacked. Fox59 will have more at 4 p.m.
Some City-County Council members are skeptical of the Capital Improvement Board’s spending plan for 2011 that includes $10 million for the privately operated Indiana Pacers.
Oshkosh, Wis.-based Hoffmaster Group said the plant at 2525 N. Shadeland Ave. will permanently close by Feb. 28. The facility distributes paper plates, napkins and party invitations.
Indianapolis-based ESI Environmental Inc. filed for Chapter 7 liquidation in U.S. Bankruptcy Court. The firm was the area's second-largest environmental contractor based on revenue, according to the most recent IBJ statistics.
The nation’s jobless rate has topped 9.5 percent for 14 straight months, the longest stretch since the 1930s.
The site, www.ihsaatv.org, will broadcast high school state championship games, as well as other high school sports-related content.
A lumberyard and hardware store that survived the Great Depression and two World Wars has fallen victim to modern economic pressures and will close after more than a century.
California-based life sciences firm Beckman Coulter Inc. is planning its third local expansion since 2007, investing $18.2 million in its Indianapolis operation and adding as many as 95 jobs here in the next three years.
Hamilton Superior Court Judge Steven Nation sentenced Marcus Schrenker to 10 years in prison, ignoring Schrenker’s claims that a lighter sentence would give him enough time to make things right.
A state lawmaker is pushing for a law that would allow Indianapolis’ public library system to get a share of local income taxes. But some already are balking at the concept, saying it would divert money from other agencies that need it.
A recent wave of foreclosure auctions suggests banks and other underwater real estate owners finally are poised to let go of a glut of properties.
