Cummins, government settle alleged air violations
Diesel engine maker Cummins Inc. has agreed to pay a $2.1 million penalty and recall 405 heavy-duty engines for alleged Clean
Air Act violations.
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Diesel engine maker Cummins Inc. has agreed to pay a $2.1 million penalty and recall 405 heavy-duty engines for alleged Clean
Air Act violations.
The troubled home builder’s $14.5 million in liabilities are twice as much as its assets, receiver tells Marion County judge,
who takes the recommendation under advisement.
Insurers WellPoint Inc. and others would get a delay in taxes on premiums and high-cost medical benefits, along with additional
funding for expanding Medicaid, under a White House proposal
Obama, seeking to break an impasse over health-care legislation, proposes a plan that includes the first Medicare tax on unearned
income such as capital gains and higher fees on drugmakers.
After years of denying interest in a presidential bid, Indiana governor tells Washington Post political writer he
may consider bid for Republican nomination on platform of fiscal responsibility.
President Obama’s latest push for a health care overhaul could drive health plans around the country into insolvency, according
to an insurance trade group.
-Quinlan Marketing Inc. leased 11,477 square feet of office space at 550 Congressional Blvd., Carmel. The tenant was represented by Pete Anderson of Colliers Turley Martin Tucker. The landlord, 550 Congressional Blvd. LLC, was represented by David A. Moore, Darrin L. Boyd and Mary Beth Kohart, also of Colliers Turley Martin Tucker.
-Empire Beauty leased 10,000 square feet at Speedway Super Center, 6020 Crawfordsville Road. The tenant was represented by Cindy Hoskinson, Herb Feldmann and Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, Centro Properties Group, represented itself in the transaction.
-McGuire Sponsel subleased 4,200 square feet of office space at Capital Center, 201 N. Illinois St. The tenant was represented by Michael R. Semler of Colliers Turley Martin Tucker. The lessor, Huntington Bank, was represented by Jon R. Owens and Russell VanTil, also of Colliers Turley Martin Tucker.
-Kilroy’s subleased the 8,533-square-foot former Smokey Bones Restaurant at 201 S. Meridian St. Steve Delaney of Sitehawk Retail Real Estate represented both the tenant, Paul Murzyn, and the lessor, Darden Restaurants, in the transaction.
-Sun Tan City leased 2,747 square feet at Scatterfield Pavilion, 4739 Scatterfield Road, Anderson. The tenant was represented by Ed Bonnacker of The Swiss Group. The landlord, Scatterfield Pavilion LLC, was represented by Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co.
-Asset Management Specialists leased 3,000 square feet at the Seastrom Building, 2351 Kentucky Ave. The tenant was represented by Evert Hauser of Grubb & Ellis Harding Dahm & Co. The landlord, Seastrom & Co., represented itself in the transaction.
-Cherokee Tire leased 2,400 square feet at 5316 W. Minnesota St. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle. The tenant represented itself in the transaction.
-Seccion Amarilla USA LLC leased 2,300 square feet at Lake Plaza, 6801 Lake Plaza Drive. The tenant was represented by Miami-based CresaPartners. The landlord, Lake Plaza LLC and LeBarron Investments, was represented by Debbie Shumate of Grubb & Ellis Harding Dahm & Co.
-Kays CPA Group PC leased 2,047 square feet of office space at 3021 E. 98th St. The tenant was represented by Bryan Miller of Colliers Turley Martin Tucker. The landlord, Brookfield Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd, also of Colliers Turley Martin Tucker.
-eImagine Technology Group leased 1,924 square feet of office space at 6081 E. 82nd St. The tenant was represented by Jenna Barnett of Halakar Real Estate. The landlord, Brookfield Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers Turley Martin Tucker.
-Little Caesars leased 1,467 square feet at 809 S. Harrison St., Shelbyville. The tenant was represented by Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, Family Video Movie Club Inc., represented itself in the transaction.
-Ronald Blue & Co. LLC leased 1,714 square feet at the Indiana American Office Building, 555 E. County Line Road, Greenwood. The tenant was represented by Mark Dietel of Royal Companies Inc. The landlord, County Line Holdings LLC, was represented by Ed Troha of CB Richard Ellis.
RPD Catalyst, a private equity investor based in Los Angeles, purchased Harbour Town Apartments and Condominiums, a 120-unit apartment community and newly completed 45-unit condominium building on Morse Reservoir, near Noblesville. The property includes a building pad that can accommodate another 45-unit condominium building. The exact sales price wasn’t disclosed but was less than $5 million. T. Scott Pollom Sr. of Colliers Turley Martin Tucker represented the buyer in the cash transaction. The seller was Fifth Third Bank.
John S. Sebree has joined Holliday Fenoglio Fowler LP as a managing director in the investment sales group
in the company’s Indianapolis office. Sebree will focus on multi-housing investment sales in Indiana and the Midwest.
On a seasonally adjusted basis, the pace of mortgage loan activity dropped 2.1 percent for the week ended Feb. 12, according
to the Mortgage Bankers Association. Rates for 30-year loans were unchanged at 4.94 percent, and rates for 15-year mortgages
were unchanged at 4.33 percent.
Mayor’s report shows smaller cash reserves for many schools, but one charter operator blames late government payments.
A 63-year-old Indianapolis man is behind bars, accused of killing his girlfriend and another woman. Elwini Hart surrendered
to police Saturday night. Police found the bodies of Linda Nickle, 61, and Elizabeth Newcomer, 24, shot to death in Hart’s
residence in the 6800 block of Westdrum Drive on the west side. Nickle’s son told police that his mother and Hart had
argued about Hart moving out of the home. Hart was moving out so that Nickle’s son and fiancé, Newcomer, could
move in. Police say they found marijuana and a gun in Hart’s car.
Alcohol is being blamed in an accident that killed one person on the west side of Indianapolis early Sunday. William Jackson
was charged with causing death while intoxicated and driving on a suspended license. Detectives say the 26-year-old was driving
a Cadillac that struck a Tahoe head-on in the 800 block of North Lynhurst Drive, killing a 25-year-old passenger in the Tahoe.
Four other passengers were injured but are expected to survive. Both Jackson and the driver of the Tahoe fled the scene. Police
suspect both drivers were intoxicated.
The Indianapolis Metropolitan Police Department is expected to name Paul Ciesielski as the city’s new chief of police,
sources say. Ciesielski, commander of the Northwest District, was the department’s public information officer.
Spears has been chief for nearly five years. Fox59 will have more at 4 p.m.
Indianapolis Indians turn traditionally slow night into big money-maker by cutting profit margin at concession stand.
Some observers think Bayh will run for governor again to springboard to the presidency. But to stand out to national, and
possibly even Hoosier, voters, he might be forced outside his cautious comfort zone.
January home sales in the nine-county Indianapolis area fell 16.5 percent from the same month last year, according to a report
from Re/Max of Indiana. But the housing news wasn’t all bad. The average price of a home in the area jumped 12.1 percent.
White River Capital’s profit rose in the fourth quarter, due largely to a strong performance by its main subsidiary, Coastal Credit LLC.
Rolls-Royce Corp.’s Indianapolis manufacturing facility has been awarded a multimillion-dollar contract by the U.S. Army to
develop a digital engine control for one of its helicopters.