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A south-side Indianapolis man was able to break out of his bathroom after getting locked inside by robbers early Tuesday
morning. Two men broke into his home near West Thompson Road and South Missouri Street just after 1 a.m. They roughed up the
homeowner and robbed him at gunpoint and knifepoint before barricading him inside his own bathroom.
A 70-year-old man used his cane to fend off an intruder on the east side of Indianapolis early Tuesday morning. Charles Jenkins
said he was asleep in bed when he heard a loud crash in his front room just before 3 a.m. in the 2700 block of North Gale
Street. He looked into the living room to see a man climbing in through the window. Jenkins grabbed his cane and hit the intruder
in the head. The stunned suspect ran to a truck behind the house and fled the scene. Fox59 will have more at 4 p.m.
Drugmakers testing experimental Alzheimer’s medicines—including Eli Lilly and Co.—got good news last week
when the National Institute on Aging and the Alzheimer’s Association proposed new guidelines to make earlier diagnoses
of the disease.
The scramble by local hospitals to form their physicians and facilities into “clinically integrated” networks
that can do business with employers and health insurers has another huge motivating factor: Beginning January 2012, they can
also do business with Medicare, the massive federal program for seniors.
Locally, the number of building permits filed in the nine-county Indianapolis area fell by 20 percent in June while home construction
plunged nationally to the lowest level since October.
Sale of city's water and sewer utilities faces showdown on Monday with full council vote.
June figure hits 10.1 percent, up a tick from April and May, marking the third straight month Indiana’s unemployment rate
has been in double digits.
A judge is scheduled to hear final arguments Thursday over whether Bren
Simon should remain as trustee for her late husband's roughly $2 billion estate. A video deposition has provided a glimpse
into ugly family conflicts.
Together, Fuel Systems of Angola and Steffy Wood Products plan to create more than 170 jobs within the next three years by
investing more than $4.8 million to expand operations in Angola.
Common shareholders are challenging the proposed acquisition of the company by closely held JS Acquisition LLC, formed by
Emmis Chairman and CEO Jeffrey H. Smulyan in an effort to take it private.
Fuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities
in northeast Indiana, creating 178 jobs by 2013.
Net income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said
Monday in a statement.
Red-tail Conservancy director Barry Banks says the group hopes to raise the full $150,000 as soon as possible to buy the 47-acre
Camp Munsee.
The lingering recession is cutting into the money Indiana’s not-for-profit groups generate from bingo, pull-tabs and other
gambling ventures, straining their budgets.
On a seasonally adjusted basis, the pace of mortgage loan activity fell 2.9 percent for the week ended July 9, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.69 percent from 4.68 percent the previous week. The rate for 15-year mortgages increased to 4.12 percent from 4.11 percent.
TMG Construction Management Inc. has been hired to build out a 1,200-square-foot space for Excercise Inc. at 1430 N. Green
St., Brownsburg.
–Kristina Ehret has joined RE/MAX Legends Group in Indianapolis as an agent.
–Matthew Gunning and Mike Wheeler have joined RE/MAX Excel in Avon as agents.
-Turf Solutions leased 11,700 square feet at 10080 E. 121st St., Suite 130, Fishers. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The building owner, Fishers Ridge LLC, was represented by Darrin Boyd of Cassidy Turley.
-Spectrum Health Systems leased 6,042 square feet at 8200 Haverstick Road. The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Leland’s Fireplace & Patio leased 5,600 square feet at The Pavilion at Castleton, 5999 E. 86th St. The landlord, Stough Associates LP, was represented by Mark Perlstein of Sitehawk Retail Real Estate. The tenant represented itself.
-Fairway Independent Mortgage renewed a 4,530-square-foot lease at 8200 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-The Vitamin Shoppes leased 3,600 square feet at Washington Square Commons, 10110 E Washington St. The tenant and landlord, Thompson Thrift Development Inc., were represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Aspen Dental leased 3,400 square feet at Washington Square Commons, 10110 E. Washington St. The tenant and landlord, Thompson Thrift Development Inc., were represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Crandall’s Fish, Chicken & Shrimp leased 3,125 square feet at 8855 Pendleton Pike. Ron Mannon and Scott Herider of Grubb & Ellis Harding Dahm & Co. represented the landlord, North Winthrop Commons Inc. The tenant represented itself in the transaction.
-Chicago Title Insurance Company renewed a 3,096-square-foot lease at Smith Valley Professional Center, 1642 W. Smith Valley Road, Greenwood. The tenant was represented by Orion Realty Group of California in cooperation with Russell VanTil and Jon Owens of Cassidy Turley. The landlord, LSTR LLC, was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
-JDR Solutions renewed a 2,641-square-foot lease at 8250 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Maribeth Smith & Associates Inc. leased 1,997 square feet at 32 E. Washington St. The landlord, Indiana Symphony Society Inc., was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-K.B. Parrish & Co. LLP leased 1,440 square feet of office space at 6515 E. 82nd St. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-Polaris Commercial Investments purchased a 25,000-square-foot office building at 5455 W. 86th St. The price wasn’t disclosed. The buyer was represented by Scott H. Lindenberg of Echelon Realty Advisors. The seller, Riversource REO 1 LLC, was represented by Jim Logan of Colliers International.
-Hana BK LLC paid $960,000 for a 2,675-square-foot, freestanding building at 2122 E. 10th St. that houses a Burger King Restaurant. The buyer was represented by Kevin McCrann and Thomas McConnell of the New Jersey office of Marcus & Millichap Real Estate Investment Services. The seller, TI Investments LLC, was represented by Brian T. Southworth and Nathan D. Whalen of Marcus & Millichap’s Indianapolis office.
