Trustee: Durham used Fair funds for gambling, donations
The bankruptcy trustee said Durham spent $2.8 million on gambling and resorts, $3.3 million on interior decorating and $14
million on real estate.
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Seven cab companies denied licenses
The city of Indianapolis’ Department of Code Enforcement rejected the applications largely because the companies didn’t have
a dispatch facility or didn’t have employees to staff a facility.
Church official faces ‘baiting’ charges
Investigators are considering pressing charges against James Harrington, an official with Mount Vernon Community Baptist Church,
for allegedly baiting a white officer to see how he would respond to two African-American men fighting. Police Sgt. Matthew
Grimes was hurt in the incident, which took place July 24 at the Municipal Gardens public recreation facility on the near-north
side of Indianapolis. He injured his back while trying to break up the staged fight.
Boat driver faces charges in fatal crash
Monroe County prosecutors said they are filing three felony counts against a 19-year-old Bloomington man who was driving the
ski boat in the June 28 crash that killed two people on Lake Monroe. The accident killed occupants of another boat, 51-year-old
Susan Collier and her 8-year-old grandson, Gage Pruitt. Investigators say both drivers were likely at fault in causing the
accident, but Winston Wood is in trouble for leaving the scene of the accident.
Two dead, six wounded in shooting
A masked man armed with an assault-style rifle fired dozens of shots on a birthday party at a house on West 32nd Street early
Tuesday, killing two people and wounding six before fleeing, police said. About 30 people were attending the birthday barbecue
when the shooting happened shortly after midnight, police said. Killed were Barbara Johnson, 37, and Charles Mays, 54. The
wounded were taken to the hospital in stable condition. Fox59 will have more at 4 p.m.
Emmis shares skid ahead of buyout vote
Opposition by preferred shareholders has Emmis shares trading at more than 30 percent below the buyout price of $2.40 per
share.
Former commerce chief lands at local company
Nate Feltman, former state secretary of commerce, has left his partnership position at Baker & Daniels LLP to become president
of Home Health Depot LLP, a
growing home-medical-equipment supplier.
IndyCar drivers want to set up their own advisory committee
Open-wheel racers seek unified voice on things like safety, track set-up, scheduling, rules and other hot topics. But would
that lead to more collaboration or conflict?
Consumer spending, personal incomes stagnant
Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster
consumer demand. Incomes were also flat, the weakest showing in nine months.
Wellness-based development would be first of kind here
Satori Pointe is being marketed as a campus where medical offices, fitness-oriented retailers and residents would co-exist.
Rob Reiner and co. in town for ‘Flipped’ premiere
Anthony Edwards and John Mahoney among stars who attended.
Dow Agro boosts sales, profit in second quarter
Indianapolis-based Dow AgroSciences improved sales and profit in its second quarter thanks to higher volumes and lower costs,
the company said Tuesday morning.
WellPoint, peers focus on health reform rules, campaign
WellPoint Inc., UnitedHealth Group Inc. and three other health insurers, criticized by Democrats during the health care reform
debate, are seeking to influence how the new law will be implemented, and possibly change it, by campaigning for supportive
congressional candidates.
IU gets $9.2 million grant for 2 global networks
Indiana University has won a $9.2 million federal grant to lead two high-speed global networks intended to boost scientific
collaborations between U.S., European and Asian researchers.
Indianapolis making contingency plan for Super Bowl
NFL officials and the Indianapolis Super Bowl Host Committee have a contingency plan if a work stoppage postpones the 2012
Super Bowl.
Leasing/leasing contracts
-Indiana Math and Science Academy North leased 37,000 square feet at 7435 N. Keystone Ave. The tenant and landlord, ELEF Inc., were represented by Antone Najem of Pittman Real Estate Services LLC.
-Tuesday Morning renewed its lease for 15,034 square feet at Crooked Creek Center, 7840 Michigan Road. The tenant was represented by Wayne O’Hara of Sitehawk Retail Real Estate. The landlord, Crooked Creek Center, was represented by Lee White of CB Richard Ellis.
-Northwestern Mutual Life Insurance Co. leased 9,836 square feet of office space at Four Parkwood Crossing, 500 E. 96th St. The tenant was represented by Tom Osborne and Matt Moore of Colliers International. The landlord, Duke Realty, represented itself.
-Citon Insurance leased 5,756 square feet of office space at 450 E. 96th St. The tenant was represented by Dustin Looper and Yumi Prater of Colliers International. The landlord, Duke Realty, represented itself.
-Apria Healthcare leased 5,400 square feet of flex space at 8446 Moller Road. The tenant was represented by Dustin Looper of Colliers International. The landlord, Duke Realty, represented itself.
-Duratech and Fast Track Technologies leased 4,000 square feet at 598 W. Carmel Drive, Carmel. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The landlord, John Kirby, represented himself.
-Pizza King renewed its lease for 3,350 square feet at Harbourtown Shoppe’s at Morse Lake, Noblesville. The landlord, Harbourtown Center LLC, was represented by Bill Ernst of Charter Commercial Realty Group. The tenant represented itself.
-Church Mutual Insurance. renewed its lease for 2,177 square feet at 2647 Waterfront Parkway East Drive. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Olympus Media renewed its lease for 1,758 square feet at 8604 Allisonville Road. The tenant was represented by Mike Corr of Jones Lang LaSalle. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Sport Clips leased 1,600 square feet at Plainfield Commons II, Plainfield. The tenant was represented by Jeff Hubley at Midland Atlantic. The landlord, Plainfield Commons II LLC, was represented by Liz Yoho of Providence Development.
-The Gabriel Project Inc. leased 466 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.
Housing
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 4.4 percent for the week ended July 23, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.69 percent from 4.59 percent the previous week. The rate for 15-year mortgages increased to 4.12 percent from 4.05 percent.