Ashley Furniture HomeStore closing Carmel outpost
The Ashley Furniture store in Carmel will close later this month after the owner and landlord failed to come to terms on a
lease renewal.
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The Ashley Furniture store in Carmel will close later this month after the owner and landlord failed to come to terms on a
lease renewal.
Despite mounting financial losses and a trend in the NBA for teams to seek new financial investors, Indiana Pacers President
Jim Morris said the team is not headed down that path. CIB will discuss helping team Jan. 19.
It was the first decline following nine straight months of gains and the lowest reading since June.
The advance was double what had been expected and provided further evidence that manufacturers are beginning to pull out of
their steep slump.
An Indiana community is mourning the loss of one of the first U.S. soldiers to die in Afghanistan this year. Specialist
Brian Bowman died Sunday after being hit by a roadside bomb. Bowman, who enlisted in the U.S. Army in 2006, is a Waveland
native and a 2004 graduate of Southmont High School. His funeral will be at Woodland Heights Church in Crawfordsville, where
he and his wife were married.
Freshman State Rep. Dennie Oxley, D-Taswell, won’t be at the Indiana Statehouse when the General Assembly reconvenes Tuesday.
Oxley has been under medical care since suffering cardiac arrest in mid-November. His family said they’ve asked House Speaker
Pat Bauer to excuse him from attending sessions in Indianapolis this week.
Police are investigating a fatal shooting that occurred Tuesday morning in Indianapolis during an apparent home robbery.
Just after 7 a.m., four suspects allegedly tried to rob a home near 21st Street and Drexel Avenue. Police say gunfire was
exchanged and a female robbery suspect was fatally shot by the homeowner following a struggle. The homeowner, who was shot
in the face, was taken to Wishard Hospital in stable condition. Fox59 will have more at 4 p.m.
The town of Zionsville is considering buying the 2.4-acre site of a former Citgo gasoline station that it considers a gateway to the Zionsville village retail area.
Where should the Indianapolis Symphony Orchestra stand in classical music’s great divide?
-Shamrock Builders-Commercial recently finished a 4,000-square-foot office for Glanders Orthodontics at 8451 S. Emerson Ave.
-Shamrock Builders-Commercial recently finished a 2,500-square-foot office build-out for Stevenson Dental at 6905 E. 96th St.
KLC Realty LLC bought the Colby Shoppes, a multi-tenant retail center at 954 N. State Road 135, Greenwood. The 17,739-square-foot property sold for $1.3 million. The buyer was represented by Brian T. Southworth and Nathan D. Whalen of the Indianapolis office of Marcus & Millichap Real Estate Investment Services. Southworth and Whalen also represented the seller, First Merchants Bank.
-Capin & Crouse leased 10,000 square feet in the Emerson Office Parke Building One, Greenwood. Greg Allen and John Cunningham of Allen Commercial Group represented the landlord. The tenant represented itself.
-Little Mexico restaurant leased 4,587 square feet in the Emerson Pointe Retail Shopping Center, Greenwood. Greg Allen and John Cunningham of Allen Commercial Group represented the landlord. The tenant represented itself.
-Health Management Systems Inc. leased 1,290 square feet of office space at Landmark Center, 10th and Meridian streets. Matt Waggoner of Summit Realty Group represented the tenant. The landlord, Landmark Ventures LLC, was represented by John Vandenbark of CB Richard Ellis.
-Sports Clips leased 1,240 square feet of retail space at Brookshire Village Shoppes at 126th Street and Gray Road, Carmel. Jeff Hubley of Midland Atlantic represented the tenant. The landlord, O’Malia Investment Co. LLC, was represented by Barrett & Stokely Inc.
-Show-Me’s leased 7,329 square feet of the former Damon’s Grill at 4530 Southport Crossing Drive. The landlord, Daniel and Judy Pedersen Living Trust, was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant was represented by Tim Murray and Greg Smith of Resource Commercial Real Estate.
-El Mariachi Mexican Restaurant leased 2,160 square feet at a former Pizza Hut at 11420 E Washington St. The landlord, La Raza Pizza Inc., was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant was represented by Eric Hillenbrand of Sitehawk Retail Real Estate.
-The Loving Care Agency Inc. renewed its lease for 3,191 square lease at 2647 Waterfront Parkway East Drive. The tenant was represented by Brooke Augustin of NAI Olympia Partners. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos of Citimark Management Co. Inc.
-Bennett Mauk & Higgs Insurance renewed its lease for 1,028 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.
The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.
Indianapolis-based HP Products Corp. announced Tuesday morning that it has completed its acquisition of Great Lakes Supply and Chemical in Michigan City.
Indianapolis Business Journal and The Wall Street Journal have joined the legal fight to unseal search
warrant documents related to the federal investigation of businessman Tim Durham.
Even Americans who are lucky enough to have work in this economy are becoming more unhappy with their jobs, according to a
new survey that found only 45 percent of Americans are satisfied with their work.
A bill by Democratic Rep. Ed DeLaney of Indianapolis would transfer all township functions to county government.
The Purdue University-based State Utility Forecasting Group predicts that Indiana’s electricity rates could rise by 2013 due
to more stringent environmental guidelines.