Puzzling over why Evan Bayh waited until the last minute to retire
Bayh might have been sly as a fox by waiting to the last minute to announce he’s leaving the Senate.
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Ivy Tech, IPIC snare $10M in job-training grants
Programs will bolster job opportunities for some 1,700 Indiana workers in sectors including health care and advanced manufacturing.
Toyota starting tours of Indiana plant
State official for the carmaker says the embattled company, in the midst of massive recalls, is eager show off the Princeton
factory
and help visitors understand the complexity of auto manufacturing.
ANALYSIS: Insurance rate hikes at heart of health-care debate
Individual insurance rate hikes like those recently planned for WellPoint Inc.’s California customers might be unlikely to
spread to those covered through their employers. But such hikes will affect a huge number of Americans — the 46 million
with no insurance at all.
You-review-it Monday
Did you catch Cirque at Conseco? A&A at TOTS? Or just marvel at the Olympic opening ceremonies?
Compromise on lobbying, ethics legislation likely
The Indiana House and state Senate each passed bills to tighten ethics and lobbying rules, and the Senate Rules Committee
will take up the House bill on Monday.
WellPoint to delay insurance rate hike in California
The planned rate increase, which state officials estimated would affect about 700,000 customers, averaged 25 percent and would have been as high as 39 percent for some.
Gambling to remain an issue in General Assembly
Issue likely to land in House, Senate conference committee.
Housing
On a seasonally adjusted basis, the pace of mortgage loan activity dropped 1.2 percent for the week ended Feb. 5, according to the Mortgage Bankers Association. Rates for 30-year loans decreased to 4.94 percent from 5.01 percent the previous week. Fifteen-year mortgage rates were steady at 4.33 percent.
People
David “Chano” Ciechanowicz has joined Resource Property Management as senior property manager.
Construction
Meyer Najem Construction recently completed a 5,000-square-foot renovation and 800-square-foot addition for new dental and family practice offices for the Madison County Community Health Center, 1508 Main St., Elwood.
Leasing/leasing contracts
-Wild Sales Inc. leased 49,500 square feet of warehouse space at 17401 Tiller Court, Westfield. The tenant was represented by Paul Rogozinski of Veritas Realty LLC. The landlord, J Investments, was represented by Bart Book of Colliers Turley Martin Tucker.
-Backhaul Direct LLC leased 16,213 square feet of office space at Allen Plaza, 1 Virginia Ave. The tenant was represented by Andrew D. Martin and Bennett M. Williams of Colliers Turley Martin Tucker. The landlord, Jefferson Plaza LLC, was represented by Greg Allen and John Cunningham of Allen Commercial Group.
-Mutual of Omaha Insurance leased 4,388 square feet at 9100 Keystone Crossing. The tenant was represented by Spero Pulos and Mark Holtzlander of Grubb & Ellis Harding Dahm & Co. John Robinson of Jones Lang LaSalle represented the landlord, Keystone Investors LLC.
-Fireplace Builders of Indiana leased 3,736 square feet at South Greenwood Shoppes, 6001 N. US 31, Whiteland. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the landlord, HRCP, and the tenant.
-Smith & Son leased 3,840 square feet at 5524 Fortune Circle South. The tenant was represented by Kelly Williams of Colliers Turley Martin Tucker. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle.
-WB McCloud renewed its lease for 3,000 square feet at 2645 Rand Road. The tenant was represented by Dustin Looper and Yumi Prater of Resource Commercial Real Estate. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle.
-PharmaSource leased 1,500 square feet at Library Park, 1701 Library Boulevard, Greenwood. The tenant was represented by John Stone of Stone Realty LLC. The landlord, Ennis Co., was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
-Eyebrows Threading by Afraa leased 1,366 square feet at Greenwood Shoppes, U.S. 31 and Frye Road. The landlord, The Broadbent Co., was represented by Drew Kelly. The tenant represented itself.
-Chateau Thomas Winery leased 2,000 square feet at Fishers Town Commons, 116th Street and Fishers Pointe Boulevard. The landlord, The Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.
-Dr. David Bax leased 1,205 square feet at South Point Professional Center, 5144 E. Stop 11 Road. The tenant was represented by Mark Holtzlander of Grubb & Ellis Harding Dahm & Co. The landlord, Southpoint Group LLC, represented itself.
Could WellPoint woes breathe life into health reform?
The firestorm created this week by Indianapolis-based health insurer WellPoint’s spike in premiums could resurrect some parts
of
the languishing health reform bills.
New IRL boss could lead to front-office shake-up
Though they both want growth, it’s not clear that Indy Racing League’s new boss can coexist with current commercial division
president.
IBJ Media president leaving after 30 years
Chris Katterjohn told IBJ employees Friday morning that he would leave at the end of February. Katterjohn has spent 30 years with the firm, including the past 20 years as publisher of the company’s flagship Indianapolis Business Journal.
Local investment firm sold
Indianapolis-based Redwood Investment Advisers Ltd. has been purchased by a firm in Portland, Ore. Redwood, whose clients
include physicians and physician groups, has $350 million in assets under management.
Patrick’s stock-car foray wins sponsor big-dollar exposure
Danica Patrick’s initial thrust into stock-car racing earned her sponsor $230,000 in media exposure, according to a research
firm. Her next race on Feb. 13
should generate much more.
Local officials interested in hosting NBA All-Star Game
With Lucas Oil Stadium and other new city amenities to show off, local sports and tourism officials are considering making
a bid for the NBA’s midseason blowout weekend.
Clumsy robber fumbles cash at Shack
Metro police are looking for a man accused of robbing a local Radio Shack store on Thursday. Surveillance video shows that
it was anything but the perfect crime. The thief pulled a gun inside the store on East Washington Street, and when the clerk
handed him cash, he dropped it all over the floor. The suspect scrambled and tried to exit the store, but instead fumbled
again, dropping the money outside. Witnesses say the thief took off in a silver Nissan Altima with front-end damage.