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On a seasonally adjusted basis, the pace of mortgage loan activity decreased 1.9 percent for the week ended March 12, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.91 percent from 5.01 the previous week. The rate for 15-year mortgages dropped to 4.24 percent from 4.32 percent.
-Community Hospitals of Indiana Inc. leased 42,187 square feet of office space at 2045 Rama Drive, Indianapolis. The tenant was represented by Rob Lukemeyer of Baseline Commercial. The landlord, Rama Drive Realty LLC, was represented by Rich Forslund and Matt Langfeldt of NAI Olympia Partners.
-Mindful Movement leased 5,700 square feet at Greenbriar Shopping Center at the corner of 86th Street and Ditch Road. The tenant was represented by Keith Fried of Sitehawk Retail Real Estate. The landlord, Greenbriar Shopping Center, was represented by Fred Frisch.
-Great Harvest Bread Co. leased 2,366 square feet at the Providence Shoppes, 12505 Old Meridian St., Suite 100, Carmel. Susannah Gershman of Thompson Thrift and Natasha Evans of Buckingham Cos. represented the landlord, Buckingham Cos. The tenant represented itself.
-Right Management has leased 3,957 square feet at 8900 Keystone Crossing. The tenant was represented by Matt Fetter of USI Real Estate Brokerage Services Inc. The landlord, Philadelphia-based BGP Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Dimond Financial Advisors and Premier Wealth Advisors leased 1,554 square feet of office space at 8888 Keystone Crossing. The tenant was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The landlord, Philadelphia-based BGP Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Little Caesars leased 3,170 square feet at Post Park, 8857 Boehning Lane. The tenant was represented by Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, Cabot Properties LLC, was represented by Kyle Powell of Cassidy Turley.
-Subway leased 2,000 square feet at Shoppes at Southport Square, 3900 E. Southport Road. The tenant was represented by Rick Jones of Grubb & Ellis Harding Dahm & Co. The landlord, Southport Square Shoppes LLC, was represented by Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co.
-First Place Bank leased 2,850 square feet of office space at 3105 E. 98th St. The landlord, BREOF Keystone REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-Formspring LLC leased 2,577 square feet of office space at 6525 E. 82nd St. Todd Morris of JTM Commercial represented the tenant. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
Since the company was founded in 2006, it has racked up customers from 110 countries, providing them numerous Web forms to
capture customer/client information.
The IU Foundation recently cut 18 of 201 staff members but nonetheless is looking at adding reinforcements in fund raising.
Rama Drive Realty LLC bought a 42,187-square-foot office building at 2045 Rama Drive. The price wasn’t disclosed. The
buyer was represented by Rich Forslund and Matt Langfeldt of NAI Olympia Partners.
The seller, Fifth Third Bank, was represented by Jim Shook and Jon Hardy of Coldwell Banker
Commercial.
The U.S. Basketball Writers Association is recognizing Hunter’s efforts on behalf of millions of children around the world
who are in need of shoes.
The site, created by TrendyMinds, is aimed at out-of-town job candidates, who might be unaware of the city’s cultural
and entertainment offerings.
A Bloomington investor bought the sprawling complex out of receivership in 2008, and had hoped
to spend more than $20 million to renovate it.
Our trip to Uruguay and Paraguay did not get off to a good start. And it went downhill from there.
I have known NCAA executive Tom Jernstedt for something like 30 years and am routinely reminded that the most difficult thing to get him
to talk about is … Tom Jernstedt.
The “cloud” is a relatively recent word to describe the Internet, but it has a rather specific connotation. It
refers to the Internet’s ability to take individual objects and break them into pieces so they can be stored and retrieved
without your knowing exactly where they’ve been.
Duke Realty is fighting a request to award an additional $9.7 million in attorneys' fees, calling the amount excessive.
The Assistance League of Indianapolis is an all-volunteer organization whose members identify, develop, implement, manage,
and raise funds for ongoing philanthropic programs to serve specific needs of children and adults in the greater Indianapolis
area.
I feel it’s necessary to question the fair and balanced
reporting on the part of Cory Schouten in his article, “Brizzi’s lease deals benefited friend, donor,” published
March 15.
The message to neighborhoods couldn’t be clearer: It’s absolutely essential to attract and retain middle-class
homeowners with the resources to invest in—and maintain—their own homes, as well as support surrounding businesses.
The dimmer wits in the Indiana General Assembly want to compensate colleges and universities according to their graduation
rates. This is another example of shallow reasoning by our elected representatives reflecting erroneous thought that has permeated
our society.
Vonnegut Memorial Library Inc. will move into 1,100 square feet at 340 N. Senate Ave. The Arts Council of Indianapolis will
occupy 5,400 square feet at 922 N. Pennsylvania St.
An Indianapolis mother is expected to return home from the hospital Thursday after her 11-year-old son likely saved her life
during a violent domestic dispute Tuesday night. The boy’s mother and her boyfriend, Shean Gilkey, began arguing over
money, and Gilkey proceeded to hit her and slam her against a group of bikes. Her son, fifth-grader Austin Mundy, called 911
to alert police and then joined the fray, trying to pry the man’s hands from his mother’s throat. Minutes later,
police arrived at the eastside apartment and arrested Gilkey.
