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Woman fatally shot in possible robbery

January 5, 2010

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.

 

Key Zionsville property gets town’s attention

January 5, 2010

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.

Red/blue state music

January 5, 2010

Where should the Indianapolis Symphony Orchestra stand in classical music’s great divide?

Again, on government reform

January 5, 2010

Assessing the odds for government reform in the General Assembly.

Housing

January 5, 2010

Because of the holiday, there is no mortgage interest rate survey this week.

Construction

January 5, 2010

-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.

Sales/acquisitions

January 5, 2010

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.

Leasing/leasing contracts

January 5, 2010

-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. 
 

UPDATE: Electric car maker picks Indiana factory site

January 5, 2010

The subsidiary of Norwegian-based Think Global projects its new factory in Elkhart could have 415 full-time jobs by 2013.

Local distributor of janitorial supplies makes acquisition

January 5, 2010

Indianapolis-based HP Products Corp. announced Tuesday morning that it has completed its acquisition of Great Lakes Supply and Chemical in Michigan City.

IBJ, Wall Street Journal seek unsealing of Durham records

January 5, 2010

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.

Americans’ job satisfaction falls to record low

January 5, 2010

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.

Bill would scrap township government

January 5, 2010

A bill by Democratic Rep. Ed DeLaney of Indianapolis would transfer all township functions to county government.

Report: Indiana electricity rates may rise 12 percent

January 5, 2010

The Purdue University-based State Utility Forecasting Group predicts that Indiana’s electricity rates could rise by 2013 due
to more stringent environmental guidelines.

Brightpoint quarterly estimate below expectations

January 5, 2010

Cell phone distributor predicts fourth-quarter results below analyst estimates, sending shares down in aftermarket activity.

Indiana lawmakers set to get back to work

January 5, 2010

Property-tax caps, unemployment insurance, ethics top list of issues awaiting General Assembly.

IDEM fills long-vacant chief-of-staff post, denies agency shakeup

January 4, 2010

IDEM’s head, faulted over his role in a pollution case while at Bethlehem Steel, gets a chief of staff. Officials deny agency shakeup on way.

Teen in court for deaths of friends

January 4, 2010

A teenager accused of killing three friends in a drunken-driving crash goes on trial Monday. Police say 19-year old John Wilson
slammed his car into a tree along Moller Road in Indianapolis in December 2008, killing three passengers. He was driving between
58 mph and 68 mph in a 35-mph zone, according to investigators. Wilson faces multiple charges, including operating a vehicle
while intoxicated, causing death.

Bill would allow some Sunday beer sales

January 4, 2010

An Indiana Senate bill would make it legal for state micro-breweries to sell carry-out beer on Sundays. Sunday sales of wine
already are permitted at the stateâ??s wineries. The bill would not affect beer sales at grocery and liquor stores.

Heater suspected of starting hotel fire

January 4, 2010

A heater may be to blame for a fire at a hotel on the east side of Indianapolis that began either late Sunday night or early
Monday morning, according to investigators. The fire broke out in a second-story room at the Budget Inn East near 21st Street
and Shadeland Avenue. Damage was contained to that room, according to crews, and no injuries were reported. Fox59 will have
more at 4 p.m.

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