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Housing
On a seasonally adjusted basis, the pace of mortgage loan activity increased 1.3 percent for the week ended March 26, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.04 percent from 5.01 the previous week. The rate for 15-year mortgages increased to 4.34 percent from 4.33 percent.
Sales/acquisitions
Bauer Ventures LLC purchased a 6,400-square-foot office building at 2555 Fairview Place, Greenwood. The price wasn’t disclosed. The buyer was represented by Casey Raker of Re/Max Select. The seller, JMS Investments Inc., was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
Leasing/leasing contracts
-H&E Equipment Services Inc. leased 23,000 square feet on 3.95 acres at 6435 E. 30th St. The tenant was represented by Stan Elser and Evert Hauser of Grubb & Ellis Harding Dahm & Co. The landlord, E-3 Properties LLC, was represented by Bryan Poynter of Cassidy Turley.
-The Kitchen Physician LLC leased 10,340 square feet at 1730 E. 156th St., Carmel. Greg Witkowski and Chris Black of CB Richard Ellis represented the landlord, the Sepro Corp. The tenant represented itself.
-RBC Capital Markets Corp. leased 7,956 square feet at 8888 Keystone Crossing. The tenant was represented by John Vandenbark and Dan Richardson of CB Richard Ellis. The landlord, Keystone Investors LLC, was represented by John Robinson and Abby Cooper of Jones Lang LaSalle.
-Community Hospitals of Indiana Inc., dba Pendleton Medical Group, leased 4,200 square feet at Huntzinger Shoppes, 1251 Huntzinger Blvd., Suite 100, Pendleton. The tenant was represented by Kurt Meyer of Baseline Commercial Real Estate. The landlord, Huntzinger Shoppes LLC, was represented by Jeff Hubley of Midland Atlantic.
-Bensussen Deutsch & Associates leased 4,271 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.
-Milex Complete Auto Care leased 3,744 square feet at Kmart #3260 at 860 U.S. 31 South, Greenwood. Rick Jones of Grubb & Ellis Harding Dahm & Co. represented the tenant and the landlord, Sears Holding Corp.
-Shiel Sexton leased 2,000 square feet at 2112 Early Lane, Franklin. Mike Medlock and Bill Brennan of Grubb & Ellis Harding Dahm & Co. represented the tenant and the landlord, Franklin Group, LLC.
-Kimu Restaurant LLC leased 1,400 square feet at 1280 U.S. 31 North, Greenwood. The landlord, Jones Family Investments LLC, was represented by Kyle Hughes of Veritas Realty LLC. The tenant represented itself.
-Shelter Mutual Insurance renewed its lease for 1,250 square feet of office space at Prestwick Junction, 5530 E. U.S. Highway 36, Avon. The tenant was represented by John Sebree of Hokanson Companies. The landlord, the Weston Group, was represented by Stephen Daum of NAI Olympia Partners.
IBJ – Testing
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Indiana revenue up for first time in more than a year
March marked the first time in 17 months that monthly revenue collections exceeded the same period in the prior year. But year-to-date collections remain $867 million below a budget forecast last May.
State tax revenue up for first time in over a year
Tax collections in March totaled $908 million, or $7 million more than for the same month last year.
Local ballet is dead; long live local ballet
A former board member of the defunct Indiana Ballet Co. is trying to start a new organization to continue the presence of
professional ballet in Indianapolis.
Ticket giveaway: ‘A Chorus Line’ national tour
Avoid the lines for seats at the musical theater classic.
Also this week
Carrie Underwood, April 9 at Conseco Fieldhouse. Details here.
Jon McLaughlin, April 9 at Bluebird Nightclub in Bloomington. Details here.
Comedians of Chelsea Lately, April 9 at the Murat Egyptian Room. Details here.
Academy of St. Martins in the Field, April 10 at Clowes Hall. Details here.
Randy Travis and Collin Raye, April 11 at the Murat Theatre. Details here.
Straight No Chaser, April 12 at IU Auditorium, Bloomington. Details here.
IU Opera presents “West Side Story,” April 9-17 at the IU Musical Arts Center, Bloomington. Details here.
“Yankee Tavern”
April 8 to May 1
Phoenix Theatre
The other shoe drops in the Indiana Repertory Theatre/Phoenix Theatre double bill of Steven Dietz plays. Just as the IRT’s
hugely entertaining “Becky’s New Car” ends its journey this weekend, the Phoenix’s “Yankee Tavern”
opens.
This one is a thriller involving conspiracy theories minor (was Disney involved in the fall of Communism?) and major (the
play is set in a lower Manhattan bar near the Twin Towers). Details here.
“Body Unbound: Contemporary Couture from the IMA’s Collection.”
April 10 to Jan. 30
Indianapolis Museum of Art
In a new exhibition organized by the IMA (and seen only here), works by designers including Thierry Mugler, Jean-Paul Gaultier
and Gianni Versace are seen as art rather than adornment. Details here.
Melora Hardin
April 9-10
Cabaret at the Columbia Club
She’s Jan on “The Office” and Trudy Monk on “Monk,” but Melora Hardin has also sung Fatine
in “Les Miserables” at the Hollywood Bowl and played Roxie Hart in “Chicago” on Broadway. Give a listen
to her here. Or, better yet, see her live at the
Columbia Club.
Hardin will also be offering a masters class, in which participants can sing for her—and receive constructive comments.
For details on both events, click here.
“Schoolhouse Rock Live!”
April 12-17
Indianapolis Civic Theatre
No matter where you stood on the health care debate that raged in Washington last month, if you were of a certain age, you
heard in your head the voice of Jack Sheldon at some point in the procedural discussion. Sheldon, in case the name doesn’t
ring a bell, was the singer/musician who provided the vocals for the “Just a Bill” segment of “Schoolhouse
Rock.”
Those 1970s shorts, which used to be featured on Saturday morning TV, taught many of us not just about how laws are made,
but also what conjunctions and interjections are and why three is a magic number.
These songs form the basis of this musical, which Indianapolis Civic Theatre is using to launch its new young audiences program.
Note that that’s “young audiences,” which doesn’t mean kid casts: The actors and technical crew are
some of the same grown-up talent you’d find on Civic’s main stage. Details here.
Red Key’s rules will live on after owner’s death
Russel Settle, 92, was renowned for telling customers at the landmark Red Key Tavern to mind their manners in the northside
pub featured in a Dan Wakefield novel.
Tickets still remain for Butler-Duke game
National ticket search engine says about 4,500 remained Monday morning for the NCAA championship game at Lucas Oil Stadium.
Colts’ Irsay takes on unusual role as car salesman
Indianapolis Colts owner Jim Irsay makes an unusual pitch for one of the team's biggest sponsors, Toyota.
Brightpoint cuts CEO’s pay by almost 35 percent
Robert J. Laikin earned $2.2 million in 2009, nearly 35 percent less than in 2008. Several other members of his management
team also took
substantial pay cuts.
