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Butler coach Stevens sings at Cubs Game
Butler University Basketball Coach Brad Stevens, on special invitation from Chicago Cubs Manager Lou Piniella, was guest of
honor for Monday’s Cubs game against the Florida Marlins at Wrigley Field. He threw a perfect strike on the ceremonial
first pitch and then led the crowd in the singing of "Take Me Out To The Ballgame." The video is available here.
Wet roads lead to motorcycle death
Slick roads might be to blame for a deadly motorcycle crash early Tuesday morning in Indianapolis. The driver lost control
of the bike at the intersection of English Avenue and Brookville Road. The motorcycle hit the median, sending the driver flying
into a concrete post. The driver, who wasn’t wearing a helmet, died at the scene.
Video game fight preceded triple murder
Police say they responded to a fight about a stolen PlayStation game on Monday before being called back later that night to
the same apartment where three people were found murdered. When officers got to an apartment in the 5700 block of Brendon
Way West Drive in Indianapolis, they discovered three people inside a first-floor apartment had been shot. All three victims,
two men and one woman in their early 20s, were pronounced dead at the scene. Police haven’t released names of the victims.
Fox59 will have more at 4 p.m.
Pot a possible factor in fatal accident
Police say the driver of a car that struck and killed an 8-year-old boy in Fayette County Monday afternoon was under the influence
of marijuana. Nicholas Wood was riding his bike on West County Road 50 North in Glenwood when he was killed. Josh Simkins,
28, is charged with the boy’s death, but has been released from jail. He told police he was unable to avoid hitting
Wood.
Shareholders overwhelmingly OK Conseco name change
Carmel-based life and health insurer is now CNO Financial Group Inc. to reflect what company officers call a “transformation”
of the once-troubled firm.
CIB agrees to help Black Expo, but not with grant
Capital Improvement Board votes not to restore IBE’s annual $150,000 grant, but agrees to provide the organization
with in-kind services equaling the amount.
Shoe Carnival bumps up forecast after sales increase
Shoe Carnival Inc.'s first-quarter sales grew more than 13 percent, to $189.5 million.
Review: ‘Spotlight 2010’
Brisk pace and spirited, professional acts create another evening to remember.
Resource lands Colliers affiliation
Resource Commercial Real Estate, which will remain locally owned and operated, will be known as Colliers International effective
immediately, the company said.
Chrysler plans to spend $300M retooling Kokomo plants
Investment in transmission and casting plants, however, hinges on city’s ability to offer tax abatement.
Report: WellPoint, Aetna may need relief from cost mandate
The U.S. health overhaul’s mandate that insurers spend 80 percent of premiums on medical care may
need to be loosened
to keep companies from quitting the market for people who buy coverage on their own, state regulators said.
State’s largest pension programs get new leader
Steve Russo was chosen Monday as executive director of both the Indiana Public Employees' Retirement Fund and the Indiana
State Teachers' Retirement Fund.
Tax credits help boost April home sales in central Indiana
Home-sale agreements surged 33.8 percent in the Indianapolis area in April as buyers rushed to beat the deadline for federal
tax incentives.
Construction
-D.B. Klain Builders LLC has completed an 8,644-square-foot tenant build-out for Home Health Depot at 9245 N. Meridian St.
-D.B. Klain Builders LLC has completed a 1,200-square-foot tenant build-out for Edward Jones Financial at Cumberland Point Market Place, 15880 Cumberland Road, Noblesville.
Housing
On a seasonally adjusted basis, the pace of mortgage loan activity increased 4 percent for the week ended April 30, according to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 5.02 percent from 5.08 percent the previous week. The rate for 15-year mortgages decreased to 4.34 percent from 4.38 percent.
Leasing/leasing contracts
-Case New Holland renewed its lease on an 842,000-square-foot distribution center at 400 S. Enterprise Drive and a 250,000-square-foot assembly facility at 420 S. Enterprise Drive in the Lebanon Business Park. The tenant was represented by Rick Suja of Summit Realty Group and Chris Porter of Cushman & Wakefield. The landlord, Duke Realty, represented itself.
-Bishop Steering Technology Inc. renewed its 28,000-square-foot lease at 8802 Bash St. in the Northeast Business Center. The tenant was represented by Steve Beals of Grubb & Ellis Harding Dahm & Co. The landlord, Westminster Northeast LLC, was represented by Todd Vannatta of Cassidy Turley.
-Little Miracles Inc. leased 5,330 square feet at 5615 W. 22nd St. Don Ballard of Grubb & Ellis Harding Dahm & Co. represented the landlord, Community Bank of Raymore, and the tenant.
-Indiana Family Health Council Inc. leased 4,000 square feet at Jackson Square, 233 McCrea St. The tenant was represented by George Crawford of Meridian Real Estate. The landlord, One Jackson Square Associates, was represented by Ralph Balber and Ashley Bussell of Halakar Real Estate.
-Karia LLC, doing business as Hot Cakes Emporium, leased 3,805 square feet at Greenbriar Shopping Center, 8555 Ditch Road. Nick Smyrnis of Grubb & Ellis Harding Dahm & Co. represented the landlord, Prime Property Investors, and the tenant.
-Sling Shot SEO leased 3,157 square feet at 8900 Keystone Crossing. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-EPSI Masking Co. leased 2,700 square feet at 8102-2176 Zionsville Road in Park 100. The tenant was represented by Ryan Kelly of Summit Realty Group. The landlord, ProLogis, was represented by Brett Spitzer of NAI Olympia Partners.
-Reliable Water Services LLC leased 2,600 square feet at Hague Business Center, 7747 E. 89th St. The tenant was represented by Don Ballard and Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, HBC Co. LLC/Levi Investment Realty, represented itself in the transaction.
-Gigi’s Cupcakes leased 1,401 square feet at Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate. The landlord, Fashion Mall Commons I LP, was represented by John Bueoy of The Broadbent Co.
Sales/acquisitions
Diamond Investment Group I LLC purchased Two West Condominiums from Fifth Third Bank. The price wasn’t disclosed. The property consists of 36 residential condominiums on three floors. Jim Shook, Jon Hardy and Andrew Schrage of Coldwell Banker Commercial Realty Services represented both the buyer and the seller.
Apartment sellers testing market again
Several apartment properties are back on the market as owners try to appeal to private investors looking for deals before higher interest rates and inflation dampen their enthusiasm.