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-Wurster Construction has begun interior demolition of a building previously used as a Masonic Lodge at 1522 W. Morris St. The building, built in 1907, will be refitted with 24,000 square feet of medical office space and expanded by 1,600 square feet. The project, designed by HALSTEAD Architects, will become the new home of HealthNet Southwest Health Center and Southwest OB/GYN Annex. The center, expected to open in summer 2010, will be built with sustainable construction products and serve as a demonstration project for the city of Indianapolis’ Office of Sustainability.

-Holladay Construction Group recently completed a 15,000-square-foot office/training/manufacturing facility for Public Agency Training Council at 5235 Decatur Blvd.
 

On a seasonally adjusted basis, the pace of mortgage loan activity fell 22.8 percent for the week ended Dec. 25 and fell another five-tenths of a percent the week ended Jan. 1, according to the Mortgage Bankers Association. Rates for 30-year loans jumped from 4.92 percent to 5.08 percent the week ended Dec. 25 and to 5.18 percent by Jan. 1. Fifteen-year mortgages increased from 4.34 percent to 4.62 percent over the two-week period.

-Gearhead Street Customs leased 15,436 square feet at 5125 Decatur Blvd., Building F, in Ameriplex. The tenant was represented by Ryan C. Kelly of Summit Realty Group. The landlord, Holladay Properties, was represented by Brett Spitzer of NAI Olympia Partners.

-Phoenix Resource Management Inc. leased 9,160 square feet of office flex space in South Park Business Center, 164 South Park Blvd., Greenwood. The tenant was represented by Rick Suja of Summit Realty. The landlord, South Park Group LLC, was represented by Mark Dietel of Royal Companies Inc.

-Recognition Services Inc. leased 5,400 square feet at 8577-8579 Zionsville Road. The tenant was represented by Matt Jackson of Halakar Real Estate. The landlord, Prologis, represented itself.

-SCS Construction Services Inc. leased 3,088 square feet of office flex space in the South Park Business Center, 156 South Park Blvd., Greenwood. The landlord, South Park Group LLC, and tenant were represented by Mark Dietel of Royal Companies Inc.

-The Rezolve Group leased 2,060 square feet of office space at 8465 Keystone at the Crossing. The landlord, 8465 Keystone LLC, was represented by Matt Jackson and Joe Lonnemann of Halakar Real Estate. The tenant represented itself.

-TAG LLC renewed its lease for 1,774 square feet at 8200 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos of Citimark Management Co. Inc. The tenant represented itself.
 
-CBIZ Medical Management Professionals Inc. renewed its lease for 1,726 square feet at 2629 Waterfront Parkway, East Drive. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos of Citimark Management Co. Inc. The tenant represented itself.

-Accessible Home Health Care LLC leased 1,402 square feet at 8465 Keystone at the Crossing. The landlord, 8465 Keystone LLC, was represented by Matt Jackson and Joe Lonnemann of Halakar Real Estate. The tenant was represented by Andrew Follman of Meridian Real Estate.
 
-Thomas Pastore PC signed leased 1,098 square feet at 8604 Allisonville Road.  The landlord, New Boston Castle Creek LP, was represented by Gus Sevastianos of Citimark Management Co. Inc. The tenant represented itself.
 
-Equalizer renewed its lease for 1,555 square feet at 8606 Allisonville Road.  The landlord, New Boston Castle Creek II LP, was represented by Gus Sevastianos of Citimark Management Co. Inc. The tenant represented itself.

-Big CEC LLC bought the Weston Village Apartments, a 60-unit property at 422 Roosevelt Drive, Greenfield, out of receivership. The price wasn’t disclosed. The complex of one- and two-bedroom flats and three-bedroom townhomes was built in 1967, renovated in 2001 and went into receivership in February 2009. The  receiver, Michael J. Williams of Moynahan Williams Inc., and buyer were represented by Colin M. Atkinson of Marcus & Millichap Real Estate Investment Services.
 
-Dr. Jeremy Roscoe bought a 6,150-square-foot office building at 401 Camby Court, Greenwood. The price wasn’t disclosed. The seller, Glenn-Gary Investment Corp., was represented by Mark Dietel of Royal Companies Inc. The buyer was represented by Pam Smith of Realty World Harbert Co.

-Baaron Properties LLC bought 5.2 acres of retail land at the corner of State Road 37 and Harding Street. The price wasn’t disclosed. The seller, Forum Credit Union, was represented by Mark Dietel of Royal Companies Inc. The buyer was represented by Phil Aaron of Location Realty.

-Randy Faulkner and Associates bought one acre of commercial land located at 300 S. Polk Ave., Greenwood.  The price wasn’t disclosed. The buyer and the seller, The Kelly Charitable Trust, were represented by Bruce Richardson of Royal Companies Inc.
 

Indianapolis water customers can weigh in on a planned water rate hike at public hearing Monday night. In September, the Department of Waterworks proposed a 35-percent rate hike to pay for a $110 million upgrade to the city’s drinking water system. If approved, the rate increase would drive up residential water bills by an average of $6 a month. The hearing is set for 6 p.m. in the Broad Ripple High School auditorium.