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Colts won’t disclose which legislators got game tickets

February 9, 2010

The team sold Super Bowl tickets to 26 state lawmakers, 27 members of the City-County Council, 10 members of Mayor Greg Ballard’s
office, six other state officials, and four Congressmen.

Officials ask Anthem to justify rate hike in California

February 9, 2010

Anthem has declined to say how many of its 800,000 individual policyholders in California are being affected by the hike.
But Health and Human Services Secretary Kathleen Sebelius demanded specifics in a sternly worded letter.

Production resumes at Indiana Toyota plant

February 9, 2010

After a week-long shutdown for the company to repair defective gas pedals, the factory near Princeton was back to “business
as usual” when its lines restarted on Monday.

Shareholders in bankrupt Accuride pursuing loan

February 9, 2010

Accuride shareholders are trying to arrange a $400 million loan to fund the Evansville company’s exit from bankruptcy.

WellPoint CFO says insurance ‘mega-mergers’ unlikely

February 9, 2010

WellPoint Inc. chief financial officer Wayne DeVeydt said President Obama’s Federal Trade Commission is unlikely to approve
mergers among the biggest insurers.

Super bummer

UPDATE: Steak n Shake confirms new corporate HQ

February 8, 2010

The Steak n Shake Co. updated its Web site this week to reflect a new corporate headquarters address in San Antonio, confirming
a story in IBJ‘s Feb. 8 print edition.

Lilly awards pay increases to top executives

February 8, 2010

Eli Lilly and Co. CEO John Lechleiter’s total compensation increased $4.1 million in 2009.

Roundup: People bakery replaces former dog bakery

February 8, 2010

Check out a roundup of restaurant and retail news, including a new bakery in Irvington, a replacement for a Starbucks in Indianapolis
and a new pizza joint in Franklin.

Super Bowl most-watched TV show ever

February 8, 2010

The Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of “M*A*S*H” to become the most-watched program in television history.

Leasing/leasing contracts

February 8, 2010

-NTS Corp. leased 10,825 square feet at 5701 Fortune Circle South. Brian Buschuk and Jake Sturman
of Jones Lang LaSalle represented the landlord, Blue Real Estate. The tenant represented itself.

-Trans-Expedite
leased 8,000 square feet at 2710 Rand Road. The tenant was represented by Mark Stephenson
of Sigma Real Estate. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman
of Jones Lang LaSalle.

-Cartridge World leased 6,000 square feet at 2657 Rand Road. The tenant was represented
by Ted McClure of McClure Commercial Real Estate. The landlord, Blue Real Estate, was represented by Brian
Buschuk
and Jake Sturman of Jones Lang LaSalle.

-Michaels & Associates Inc. leased
4,800 square feet at 5624 W. 73rd St. The tenant was represented by Debbie Shumate of Grubb & Ellis Harding
Dahm & Co. The landlord, Park 100 Investment Group LLC, was represented by Brett Spitzer and Joe
Howell
of NAI Olympia Partners.
 
-Borges Real Estate leased 3,540 square feet at Vista Professional
Center, 420 S. Emerson Ave., Greenwood. The tenant was represented by LaVonne Borges of Borges Real Estate.
The landlord, Adelphia Properties LLC, was represented by Cathy Richards of Grubb & Ellis Harding Dahm
& Co.

-S&E Salon leased 2,000 square feet at Lafayette Shoppes, 38th Street and Georgetown Road. The landlord,
The Broadbent Co., was represented by Broadbent’s Drew Kelly. The tenant represented itself.

-The
Cabin Counseling and Resource Center leased 2,400 square feet at 220/230 S. Elm St., Zionsville.  The tenant was represented
by Tammy Kelly of the commercial division of Re/Max Ability Plus. The landlord, R.E. Bender Family Ltd. Partnership,
represented itself.

-Symetra Financial Corp. leased 2,390 square feet at 3500 Depauw Blvd. The tenant was represented
by George Crawford of Meridian Real Estate. The landlord, CP Pyramid Associates LP, was represented by David
A. Moore
, Darrin L. Boyd and Bennett Williams of Colliers Turley Martin Tucker.

-Dr. Bryan Roy leased 1,717 square feet at Eagle Highland Office Park, 6825 Parkdale Place. The landlord, G&E
Healthcare REIT Medical Portfolio 3, was represented by Debbie Shumate of Grubb & Ellis Harding Dahm
& Co. The tenant represented itself.

-American Nursing Care LP leased 1,677 square feet of office space at
6515 E. 82nd St. The tenant was represented by Nancy Ryan of Vollmer Real Estate. The landlord, Brookfield
Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers
Turley Martin Tucker.

-Eagle Creek Counseling Services leased 1,250 square feet at Eagle Highland Office Park,
3935 Eagle Creek Parkway. The landlord, G&E Healthcare REIT Medical Portfolio 3, was represented by Debbie Shumate
of Grubb & Ellis Harding Dahm & Co. The tenant represented itself.

Sales/acquisitions

February 8, 2010

Parts Carnival LLC purchased 31 acres at the site of the former Chrysler Foundry at 900 and 1100 S. Tibbs Ave. Bob Lindgren of Grubb & Ellis Harding Dahm & Co. represented the buyer. The seller, Indy Assett LLC, was represented by Bill Brennan of Grubb & Ellis Harding Dahm & Co. The price wasn’t disclosed.

Housing

February 8, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity grew 21 percent in the week ended Jan. 29, according to
the Mortgage Bankers Association. Rates for 30-year loans decreased to 5.01 percent from 5.02 percent the previous week. Fifteen-year
mortgages decreased to 4.33 percent from 4.34 percent.

Construction

February 8, 2010

-Alt Construction has completed a 1,000-square-foot optometry office build-out at 755 W. Carmel Drive for Dr. Sam Ramschlag.

-Kort Builders has completed a 1,400-square-foot office at 6845 Bluff Road, Suite 26, for Christie Vision Care.

-Kort Builders has completed a 1,600-square-foot retail space for Solar Nail Salon in Nora Plaza, 1340 E. 86th Street, Suite 54.

-Kort Builders has started construction of a 4,000-square-foot retail space at 13971 Hamilton Town Center Blvd., Noblesville, that will house a Rue 21 retail store. The client is Simon Property Group.
 

People

February 8, 2010

Jenna Barnett has been promoted to partner at Halakar Real Estate.

Fair Finance investors force company into bankruptcy

February 8, 2010

Investors in Tim Durham’s Fair Finance Co. shoved the company into bankruptcy court Monday morning, a move intended
to reduce the risk assets will disappear while securities fraud probes continue.

If Indy’s 2012 Super Bowl killed, 2016 is likely make-up

February 8, 2010

NFL honchos are asking local 2012 Super Bowl Host Committee leaders for patience while they work out a deal with the players
union that will preserve the big game here. If that doesn’t happen, locals may be waiting a while for the game to come back.

Concern for 2012 Super Bowl intensifies

February 8, 2010

Labor meetings in Miami over the weekend did little to dispel speculation that the souring relationship between NFL players
and owners could jeopardize the 2012 Super Bowl at Lucas Oil Stadium.

Indy turns architectural corner

February 8, 2010

A Ball State architect thinks Indianapolis residents will like what they see in the new J.W. Marriott hotel downtown and beat
drums for more interesting buildings.

Wabash River banks to get makeover

February 8, 2010

The banks of the Wabash River will be getting a facelift soon. The Wabash River Enhancement Corp. is looking at ways to preserve
the river. Plans could include trail development and improving water quality. Also on the drawing board: adding bridges for
walking and biking as well as a great lawn along the shoreline south of West Lafayette.

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Susan Orr
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