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Fountain Square business to close after 60 years

A Fountain Square family business will shut its doors for good after the murder of its owner. In operation for 60 years, Pedigo Jewelers is closing in the wake of last month’s robbery and murder of 55-year-old owner David Pedigo, who inherited the business from his father. The suspect, Michael Inman, is facing murder charges.

Fountain Square business to close after 60 years

A Fountain Square family business will shut its doors for good after the murder of its owner. In operation for 60 years, Pedigo
Jewelers is closing in the wake of last month’s robbery and murder of 55-year-old owner David Pedigo, who inherited
the business from his father. The suspect, Michael Inman, is facing murder charges.

Luggage found in retention pond

US Airways is struggling to explain how a checked bag ended up in a retention pond 24 miles southeast of the Indianapolis
International Airport. Passenger David Dever said he waited in baggage claim Sunday night until he could wait no more. He
took a taxi home, because his car keys were in the missing luggage. The next day, his bag was found in a retention pond at
the Sundance Apartments off Southport Road. Dever said a couple of children's gifts from his trip to New York City were
missing, as well as a pair of running shoes. Airport police and US Airways are investigating.

Missing boy found in own home

Searchers found a missing Indianapolis 8-year-old Tuesday morning hiding in a crawl space inside his home. Jaelen Parker was
last seen at 6 p.m. Monday walking away from his home in the 100 block of West Kansas Street after an argument with his mother.
Police and firefighters spent hours last night and again this morning canvassing the neighborhood, even interviewing registered
sexual offenders who live in the area. Fox59 will have more 4 p.m.

Obama plans tougher rules on for-profit colleges

The administration is gearing up to produce tougher regulations that may reduce the amount of federal financial aid flowing
to for-profit colleges such as locally-based ITT Educational.

GOP fighting out congressional bids across Indiana

In the 5th District, they’ll decide whether to pick Rep. Dan Burton for what would make 30 years in Congress. In the neighboring
4th District, the likely replacement for retiring Rep. Steve Buyer will be determined.

37 contested Indiana House races prelude to November

Voters will nominate candidates in more than 30 Indiana House primary races Tuesday, completing matchups for November’s general
election that will determine control of the narrowly divided chamber.

Construction

-Kort Builders has finished a 4,000-square-foot retail space for Ossip Optometry at 6375 S. Emerson Ave.

-Kort Builders has finished a 5,000-square-foot retail space for Reis Nichols at 789 U.S. 31 North, Greenwood.

Housing

On a seasonally adjusted basis, the pace of mortgage loan activity fell 2.9 percent for the week ended April 23, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.08 percent from 5.04 percent the previous week.  The rate for 15-year mortgages increased to 4.38 percent from 4.34 percent.

Leasing/leasing contracts

-K&G Menswear leased 39,963 square feet at Castleton Crossing, 5410 E 82nd St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley.

-Advanced Control Technologies Inc. subleased 11,820 square feet at Hillsdale TechneCenter, Building 3, 6805 Hillsdale Court. The subtenant was represented by Aasif Bade of Ambrose Property Group. The sublandlord, Reliable Water Services LLC, was represented by Don Ballard and Stan Elser of Grubb & Ellis Harding Dahm & Co.

-is.group leased 7,677 square feet at Parkwood One, 250 E. 96th St. The tenant was represented by Jon Jessup and Jeff Merritt of Summit Realty Group. The landlord, Duke Realty, represented itself.

-Shoe Trend leased 6,000 square feet at Keystone Plaza, 2335 E. 53rd St. The landlord, Keystone Plaza Associates, was represented by Larry Davis and Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.

-Center for Diagnostic Imaging/CDI Radiology leased 4,283 square feet of medical office space at Gables of Avon, 9819 E. US 36, Avon. The tenant was represented by Tim Norton of Summit Realty Group. The landlord, Gables of Avon LLC, represented itself.

-Who North America Inc. leased 4,000 square feet at 2040 S. Lynhurst Drive.  The tenant was represented by Ryan Kelly of Summit Realty Group. The landlord, ProLogis, was represented by Chris Black of CB Richard Ellis.
 
-Kforce leased 3,743 square feet at Pan Am Plaza, 201 S. Capitol Ave., Suite 1200. The tenant was represented by Katie Gray and Bill Ehret of Summit Realty Group.  The landlord, Coastal Partners, represented itself.
 
-First American Title Insurance leased 2,376 square feet of office space at 20 Executive Drive, Carmel. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Century 21, represented itself.

-American Family Dental Group-Bloomington LLC leased 2,296 square feet at 10435 Commerce Drive, Carmel. The tenant was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.  The landlord, West Carmel I LLC, was represented by Matt Moore of Resource Commercial Real Estate Services.

-20/20 Eye Physicians leased 2,095 square feet of medical office space at the Clarian Health Center at 4880 Century Plaza. The tenant was represented by Tim Norton of Summit Realty Group. The landlord, Clarian Health Partners Inc., was represented by Tim Craft of CB Richard Ellis.

Correction

The landlord was misidentified in three Keystone Crossing leases reported last week. The landlord, represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle, is BPG Properties Ltd.