Indiana tax collections for February down $86 million
Tax collections for February fell $86 million below a revised December forecast. Revenue is down $166 million in the first
three months since that forecast.
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Murder suspect coming back to Indiana
A triple-murder suspect is on his way back from Texas to face charges in central Indiana. Barney Chamorro, 19, waived extradition
Monday at a hearing in Texas. He’s suspected of stabbing his twin brother, his father and his father's girlfriend
to death last Thursday night in Whitestown. Texas Rangers caught up with Chamorro after he used a credit card in Odessa, Texas.
They found him sleeping in a stolen truck at a highway rest stop.
No foul play found in baby’s death
Toxicology reports show a 4-month old baby found dead at a Bloomington day care center in January apparently died from natural
causes. A worker checking on Judah Welk found he was not breathing and called 911. Judah probably died from sudden infant
death syndrome, according to the Monroe County chief deputy prosecutor. Wanda Ewing, the owner of the center and her two adult
sons were arrested after the incident for unrelated crimes. No charges in connection with Judah’s death will be filed
against Ewing.
Girl, 11, reports attempted abduction
Indianapolis police are searching for two men accused of trying to abduct an 11-year-old girl Tuesday morning. The girl said
she was waiting for the school bus near the Oaktree Apartments on Post Road near Pinehurst Drive just before 7 a.m. when a
dark van with two men inside approached her. The men yelled for her to get into the van, but she refused and used her cell
phone to call 911. She described the driver as a black man with twisties in his hair, and the passenger as a Hispanic man
with a gold tooth. Fox59 will have more at 4 p.m.
Simon daughter questions using father’s estate to pay donations
Pledges to St. Vincent, Indianapolis Museum of Art should be paid by trusts, foundations affiliated with Bren Simon, court
papers allege.
Colts’ Bill Polian finds himself in middle of NFL overtime debate
While top prospects were on display at yesterday's NFL Combine in Indianapolis, members of the league's competition
committee were hotly debating a rule that could change the game next year.
ExactTarget acquires Twitter support company
ExactTarget will use San Francisco-based CoTweet, which helps companies manage multiple Twitter accounts, for social-media
product development.
Local racing-simulator firm declares bankruptcy
Indianapolis-based Interactive Motorsports and Entertainment Corp., which went public in 2002, has filed for Chapter 11 reorganization.
Tag readers come to real estate
Soon, you’ll be able to point your smart phone at a code in an advertisement or yard sign, and take a virtual tour of
a house.
Dann Pecar nabbed by Ohio law firm in merger
Cleveland-based Benesch Friedlander Coplan & Aronoff LLP gains Indianapolis presence by absorbing 99-year-old local law firm
with 29 lawyers.
Group pitches motorsports park for southwest side
A local man wants to build a motorsports park complete with a Motocross track, one-fifth-mile dirt track and ATV trails on
36 acres near Interstate 465 and Mann Road on the southwest side.
Ford supplier Lear to add 200-plus jobs in Hammond
Michigan-based auto components maker Lear Operations Corp. plans to invest more than $2.2 million to expand and upgrade its
manufacturing facility in Hammond, adding more than 285 jobs this year.
General Growth sets timeline for reorganization, plans IPO
General Growth, the bankrupt takeover target of Simon Property Group, aims to confirm a reorganization plan by Oct. 5. In addition, it said it will launch an initial public offering on Friday.
Consumer group sues Anthem over policy changes
A consumer watchdog group filed a lawsuit Monday against WellPoint’s California subsidiary on behalf of policyholders, claiming
they were pushed to take coverage with fewer benefits and higher deductibles.
Bill approving Sunday microbrew sales heads to governor
The Indiana Senate has given final legislative approval to a bill allowing Indiana’s microbreweries to sell beer for carryout
on Sundays.
Indiana Senate strips jobs provisions from bill
Republican leaders in the Indiana Senate stripped several tax credits and other measures to create jobs from an unrelated
agricultural bill Monday.
Ex-higher ed chief Jones unveils college completion group
With funding of $12 million over four years, Stan Jones wants to influence states to focus on getting college students to
graduate.
Mass Ave project works toward April approval
Trail Side on Mass Ave would include 69 one-bedroom apartments and about 23,000 square feet of ground-level retail space.
Leasing/leasing contracts
-Eastgate Studios LLC leased 18,000 square feet at 24 S. Shelby St. The tenant and the landlord, Pleasant View Partnership PC, were represented by Matt Jackson and Joe Lonnemann of Halakar Real Estate.
-Aaron Rents leased 6,700 square feet at The Parkwood Shoppes, 1616 N. Lebanon St., Lebanon. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Pavilion Inc., was represented by Steven Hoffman.
-UtilX Corp. leased 4,000 square feet at 496 S. Polk St., Building No. 2, Greenwood. The tenant was represented by Cam Kucic of Summit Realty Group. The landlord, Robert W. Kleis Jr. Living Trust, was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
-Pediatric Nursing Specialists leased 3,069 square feet of office space at 3500 DePauw Blvd. The landlord, CP Pyramids Associates LP, was represented by David A. Moore, Darrin L. Boyd and Bennett Williams of Cassidy Turley. The tenant represented itself.
-American Electronics leased 2,780 square feet at 496 S. Polk St., Building No. 1, Greenwood. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the tenant and the landlord, Robert W. Kleis Jr. Living Trust.
-Edward D. Jones & Co. leased 1,172 square feet at the Mount Comfort Business Center in the Mount Comfort Commercial Park, 4177 N. Awning Court. The tenant was represented by Jeff Schappe of Colliers Corporate Solutions. The landlord/owner, Precedent Commercial Development, was represented by Larry Siegler of Precedent.
-A.C.T. Services Inc. leased 1,200 square feet at Eagle Highland Office Park, 3955 Eagle Creek Parkway. The landlord, Grubb & Ellis Healthcare REIT Medical Portfolio 3, was represented by Debbie Shumate of Grubb & Ellis Harding Dahm & Co. The tenant represented itself.
-USM/Transfield Services Group Inc. renewed its lease for 1,805 square feet at Greenwood Oaks Business Centre. 500 S. Polk St., Greenwood. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the landlord, Greenwood Oaks Investments LLC, and the tenant.
-Fast Tans renewed its lease for 1,600 square feet at George Thomas Plaza, 1028 N. Shadeland Ave. Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co. represented the tenant and the landlord, Ladywood Apartments LLC.
-Hometown Exteriors Inc. leased 1,500 square feet at Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the landlord, Greenwood Oaks Investments LLC, and the tenant.
Housing
On a seasonally adjusted basis, the pace of mortgage loan activity dropped 8.5 percent for the week ended Feb. 19, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.03 percent from 4.94 percent the previous week. The rate for 15-year mortgages increased to 4.35 percent from 4.33 percent.