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Butler’s Brad Stevens’ success haunts IU

Should IU have hired Butler basketball coach Brad Stevens two years ago? That's debatable, but the non-hiring of the young
coaching gem is a sign of a bigger problem that has plagued the Hoosiers for more than a decade.

Amusement center has permit again

The state has issued an entertainment and amusement park permit to the managers of Xscape at Lafayette Square Mall. Several
rides were closed last week after a 5-year-old boy was critically injured while falling off a ride. His family filed a lawsuit
after learning the ride was overdue for inspection.

Local couple beaten in home

A 74-year-old man was sent to the hospital following a home invasion on the far east side of Indianapolis. Three men broke
into Terry and Madge Reardon’s home Sunday night. Terry was injured while fighting the men. He was sent to the hospital
with several large wounds to his head. Police were able to recover finger prints from the scene on Montery Road.

Butler hosting celebration despite loss

Butler University is holding a celebration rally Tuesday afternoon to cheer on the Bulldogs even though the team fell one
basket short of winning the NCAA men’s basketball national championship. The 3 p.m. rally will take place at Hinkle
Fieldhouse on campus. A parade after the rally has been called off. A Butler spokesperson said the team is still down after
losing to Duke, 61-59, Monday night at Lucas Oil Stadium. Fox59 will show the rally live on www.Fox59.com at 3 p.m.

Butler loses title game, but wins massive publicity

Butler received so many visits to its main Web site, school officials had to beef up the computer system. School President
Bobby Fong is commissioning a study to gauge the value of the publicity earned through the Bulldogs' run to the Final
Four.

Hundreds show interest in jobs at police car maker

Company executives told those at Monday’s information sessions that many jobs will require an associate’s degree in engineering
and computer literacy to operate assembly-line machines.

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.