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On a seasonally adjusted basis, the pace of mortgage loan activity increased 11.3 percent for the week ended May 21, according
to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 4.80 percent from 4.83 percent the previous week.
The rate for 15-year mortgages increased to 4.25 percent from 4.19 percent.

–Vicki Reed has joined The Dan Baldini Team at Polaris Real Estate as a saleswoman.

–Kimberly Daniel-Pierce and Jerry Schrier have joined RE/MAX Centerstone as agents.

–Krista Brueggemann, William Shearer II and Andrew Smith have joined RE/MAX Select in Greenwood as agents.

-Furniture Biz leased 15,700 square feet at Cherry Tree Plaza, 9701 E. Washington St. The tenant and landlord, Winkal Holdings, were represented by John Schick of The Broadbent Co.

-Tuesday Morning leased 15,108 square feet at Merchants Square, 2160 East 116th Street, Carmel.  The tenant was represented by Wayne O’Hara of Sitehawk Retail Real Estate. The landlord, Merchants 450 LLC, was represented by Jacque Haynes and Del Demao of Cassidy Turley.

-Goodin Abernathy & Miller LLP leased 7,965 square feet at 8900 Keystone Crossing. The tenant was represented by John Corey of Levi Investment Realty Inc. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Progressive Casualty Insurance Co. leased 6,480 square feet at 4642 Northwestern Drive, Zionsville. The landlord, SMB LLC, was represented by Brett Spitzer and Jason Speckman of NAI Olympia Partners.  The tenant represented itself.

-Intecare Inc renewed and expanded its 3,959-square-foot lease at 8604 Allisonville Road. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.

-Nelnet Inc. subleased 3,800 square feet at 10500 Kincaid Drive, Fishers. The tenant was represented by Brooke Augustin and Bryan Augustin of NAI Olympia Partners. The lessor, Samex Capital Partners LLC and Samex Capital Advisors LLC, represented themselves.

-Philo Urban Metals Technology Corp. leased 3,600 square feet at 5709 W. 85th St. in Park 100. The tenant was represented by Raymond Modglin of The Modglin Group. The landlord, ProLogis, was represented by Brett Spitzer and Jason Speckman of NAI Olympia Partners.

-Long’s Mattress World leased 3,000 square feet at Castleton Point, 82nd Street and Allisonville Road. The tenant was represented by Chris Carmen of Centre Properties. The landlord, The Broadbent Co., was represented by Broadbent’s John Beuoy.

-Global Partners Ltd. leased 2,475 square feet 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.

-Intec & Company Inc. renewed its 1,874-square-foot lease at 2611 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.
 
-Rapid Logistics leased 1,232 square feet at 2611 Waterfront Parkway, East Drive. The tenant was represented by Tom Frank of Summit Realty Group. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.

B and N Wilson Holdings LLC bought a 13,350-square-foot industrial building at 2240 Distributors Drive. The price wasn’t disclosed. The buyer was represented by J.D. Graves of Cassidy Turley. The seller, IndiLABEL LLC, represented itself.

All lanes of westbound Interstate 465 are back open on the south side of Indianapolis after an early-morning traffic accident.
Police say a dump-truck driver hit a semi, causing that semi to crash into another semi shortly after 2 a.m. Friday. Nobody
was seriously injured, but lanes were closed for hours while hazardous materials were cleaned up.

Indiana State Police say they will have extra troopers on the state's highways during the long holiday weekend. The agency
says troopers will be specifically looking for drivers who speed, follow too closely, make unsafe lane changes and drive aggressively.
They'll participate in two operations designed to reduce accidents and crack down on drivers operating under the influence
of alcohol or drugs.

An anonymous tip may have saved the life of a 65-year-old woman who was discovered locked inside a small room in Anderson.
According to police, someone contacted the Madison County Prosecutor’s office, saying a woman with dementia was locked
in a room without food or access to a restroom. The caller also said her captors were cashing the woman’s Social Security
checks and stealing her prescriptions. Police found Anna Turner in deplorable conditions. The officer who found her said she
weighed just 85 pounds and had cuts all over her body. Officers arrested three people in the home: Luigi Amalfitano, 45, his
son Louis Amalfitano, 20, and Louis’ 21-year-old girlfriend, Stephanie Cole. Child Protective Services also took custody
of three children in the home. Fox59 will have more at 4 p.m.

Simon Malls spokesman Les Morris said 110 out of 130 Castleton Mall stores were open late this morning, after a water-main break near the Borders bookstore. Morris said remediation had been ongoing since 4 a.m. "It looks pretty good in term sof some of teh affected stores re-opening," he said. "The damage is minimal." By […]

General Electric Co. has mounted an all-out effort to get its supporters in Congress to defy Defense Secretary Robert Gates when the House of Representatives votes on the $567 billion defense bill for fiscal 2011. GE wants Congress to keep funding its backup engine for the F-35 Joint Strike Fighter. Gates says a second engine […]