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Celadon reports lower profit, higher revenue

January 25, 2010

Indianapolis trucking firm Celadon Group Inc. saw revenue rise to $127.2 million in its fiscal second quarter, although profit
fell to $1 million.

Housing

January 25, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity increased 9.1 percent for the week ended Jan. 15, according
to the Mortgage Bankers Association. Rates for 30-year loans fell to 5 percent, down from 5.13 percent the previous week.
Fifteen-year mortgages fell to 4.33 percent from 4.45 percent the previous week.

Construction

January 25, 2010

-Shamrock Builders-Commercial has started an interior rebuilding project for Dr. Stephen Lehman, DDS, at 320 Medical Drive,
Carmel. A fire gutted the 4,480-square-foot office Nov. 1. The project is scheduled to be completed by the end of May. 

-Shamrock Builders-Commercial has broken ground on a new office for Laughlin / Northwestern Mutual Life at 9759
Crosspoint Blvd. The 18,000-square-foot building is scheduled to be completed by the middle of July.

-D.B. Klain
Builders LLC has completed a 1,162-square-foot tenant build-out at 2159 Glebe St., Carmel. The space is occupied by Edward
Jones & Co.
 

Sales/acquisitions

January 25, 2010

Sigma Alpha Tau Sorority purchased a 10,790-square-foot building on 1.01 acres at 3334 Founders Road. The price wasn’t
disclosed. Debbie Shumate of Grubb & Ellis Harding Dahm & Co. represented the seller, MEBB Inc., and the buyer.

Leasing/leasing contracts

January 25, 2010

-NuVox Communications of Indiana Inc. leased 7,521 square feet of office space at 701 W. Henry St. Darrin L. Boyd
and David A. Moore of Colliers Turley Martin Tucker represented the tenant. The landlord, Indy Telcom Center
LLC, represented itself.

-Nelson & Frankenberger PC leased 6,504 square feet of office space at 3105 E.
98th St.  The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, Brookfield
Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers
Turley Martin Tucker.

-Methodist Occupational Health Centers leased 8,383 square feet of office space at 11580
Overlook Drive, Fishers. The tenant was represented by Tim Craft of CB Richard Ellis. The landlord, Sandstone
Properties LLC, was represented Darrin L. Boyd and David A. Moore of Colliers Turley Martin
Tucker.

-The Mucky Duck Pub leased 3,535 square feet of retail space at 4425 Southport Crossings Way. Michael
Alboher
of Alboher Development Co. Inc. represented the tenant. The landlord, P&M Property Management LLC, was
represented by Keith Turnbill of the commercial division of Re/Max Select.

-Beacon Hill Staffing
Group LLC leased 2,233 square feet of office space at 8425 Woodfield Crossing. The tenant was represented by Brad
Goldberg
of Visconsi Realty Associates Inc. The landlord, Woodfield II & III LLC, was represented by Darrin
L. Boyd
and David A. Moore of Colliers Turley Martin Tucker.

-D&F Distributors leased
2,500 square feet at 4345 W. 96th St. The tenant was represented by Matt Jackson and Joe Lonnemann
of Halakar Real Estate. The landlord, Park 421 LLC, was represented by Craig Cleveland of Mann Properties.
 
-Laboratory Corp. of America Holdings leased 2,052 square feet of office space at 8937 Southpointe Drive. The
landlord, NNN Southpointe LLC, was represented by Darrin L. Boyd and David A. Moore of Colliers
Turley Martin Tucker. The tenant represented itself.

-Mutual of Omaha leased 4,388 square feet at 9100 Keystone
Crossing. The tenant was represented by Spero Pulos of Grubb & Ellis Harding Dahm & Co.  John
R. Robinson
and Abby L. Cooper of Jones Lang LaSalle represented the landlord, Philadelphia-based
BGP Properties Ltd. 

-J. Camden PC leased 2,030 square feet at 9200 Keystone Crossing. John R.
Robinson
and Abby L. Cooper of Jones Lang LaSalle represented the landlord, Philadelphia-based BGP
Properties Ltd. The tenant represented itself. 

-A-Trains leased 1,234 square feet of retail space in the
Madison on the Mall Shopping Center, 1211 N. Madison Ave., Greenwood. The tenant was represented by Cheryl Planck
of Lawyers Real Estate Group. The landlord, Murnel Property LLC, was represented by Bruce Richardson of Royal
Companies Inc.

-Janet Julius and Kyle Cutshaw leased 1,080 square feet of retail space at 295 South State Road
135, Greenwood. The tenant was represented by Bruce Richardson of Royal Companies Inc. The landlord, Boomer
Properties 295 LLC, was represented by Mark Dietel of Royal Companies.
 
-American Income
Life leased 1,501 square feet at 8604 Allisonville Road. The tenant was represented by Mike Weaver, Matt
Jackson
and Joe Lonnemann of Halakar Real Estate. The landlord, New Boston Castle Creek Limited
Partnership, was represented by Gus Sevastianos of Citimark Management Co. Inc.

-Lakeshore Chiropractic
leased 1,500 square feet at 9745 Fall Creek Road. The tenant was represented by Matt Jackson and Joe
Lonnemann
of Halakar Real Estate. The landlord, Glendale Partners at Geist Crossing II, represented itself.

-Genesis Benefit Solutions Inc. leased 1,031 square feet at 7007 Graham Road. Ben Loughery, Matt
Jackson
and Joe Lonnemann of Halakar Real Estate represented the tenant. The landlord, GPI Office
Properties II LP, was represented by Adam Broderick of Jones Lang LaSalle.

Why is the room – and that vase – spinning?

January 25, 2010

Indianapolis Art Center adds drinks to pottery class.

Lilly Endowment gives another $6 million to ISU institute

January 25, 2010

Philanthropic giant has gifted $29 million since 2003 to fund research and education in financial services.

Colts give local economy a kick

January 25, 2010

Indianapolis Colts Super Bowl run giving downtown hotels, restaurants and retailers a multi-million-dollar boost.

Purdue tops Indiana colleges in MBA-school rankings

January 25, 2010

Purdue University’s Krannert School of Management MBA program ranked 54th worldwide and ninth among U.S. public institutions. The program at Indiana
University’s Kelley School of Business ranked 57th and 10th, respectively.

Bill would give CO2 pipeline firms right to take private land

January 25, 2010

A consumer group opposing Senate Bill 115 argues the measure is yet another concession to the developer of a coal-to-methane
plant proposed in Rockport.

New Madrid quivers

January 25, 2010

The infamous geologic fault line makes news again.

Employee buys Drexel Interiors from struggling parent firm

January 25, 2010

The east-side Indianapolis kitchen and bathroom remodeling shop is attempting to succeed as a solo operation following longtime
employee Allen Weisenburger’s decision to buy the operation rather than let it close.

Simon Property Group enters dispute over founder’s fortune

January 25, 2010

Simon Property Group Inc. is suing Bren Simon, the widow of company founder Melvin Simon, over her effort to convert part
of her late husband’s ownership stake in the publicly traded mall giant into common shares or cash.

Colts fans want a little pay back

January 25, 2010

Indianapolis Colts have a rare opportunity to bond with their fans by showing them success doesn’t mean they’ll be taken for
granted. Fans want answers about Super Bowl ticket disbursement.

Many left homeless by fire

January 25, 2010

Dozens of people slept in temporary shelters Monday morning after fire ripped through their homes at Arrowwoods Apartments
in Pike Township on Sunday. Two minor injuries were reported at the complex, at 7135 Warrior Trail. The Red Cross is providing
assistance to 33 people who were displaced.

Accused killer in court

January 25, 2010

The man accused of shooting a pregnant bank teller in 2008 is scheduled for a court appearance Monday. Police say Brian Kendrick
shot teller Katherin Shuffield in the lower abdomen during a robbery attempt at an east-side Huntington Bank branch, killing
the twin girls she was carrying. Kendrick faces charges of robbery, attempted murder and feticide.

Vegas oddsmakers pick Colts in Super Bowl

January 25, 2010

Las Vegas oddsmakers list the Colts as 4-point favorites to beat New Orleans in Super Bowl XLIV on Feb. 7 in Miami. The team
grounded the New York Jets on Sunday, 30-17, to clinch a spot in the Super Bowl. This is the team’s second berth in the big
game in four years and fourth in franchise history. FOX59 will have reaction from players and more at 4 p.m.

Report says Indiana home sales, prices on rise

January 25, 2010

Home sales statewide rose 4.1 percent in December compared with the same month in 2008, although Marion and Hamilton counties
reported sizable slides.

Obama aims aid package at middle class

January 25, 2010

The president’s proposals include bigger tax credits for child care and retirement savings; caps for student loan payments;
and boosting aid for families caring for elderly relatives.

You-review-it Monday

January 25, 2010

What did you do this weekend (besides watch the game)?

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