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On a seasonally adjusted basis, the pace of mortgage loan activity fell 10.7 percent for the week ended Dec. 18, according
to the Mortgage Bankers Association. Rates for 30-year loans were steady for the week at 4.92 percent. Fifteen-year mortgages
increased to 4.34 percent from 4.33 percent the previous week.

Indy Management Group Inc. bought the two-building Sherman Commons retail strip center at 3709 E. Washington St. for $1.05 million. The buyer, which is a tenant in the 22-year-old center, was represented by Herb Feldmann and Cindy Hoskinson of Grubb & Ellis Harding Dahm & Co. The seller, Sherman Commons Associates LLC, was represented by Brian T. Southworth and Nathan D. Whalen of the local office of Marcus & Millichap Real Estate Investment Services. The center is 80 percent occupied.

Bluestone Property Management, based in Amherst, N.H., is an investor in the recent purchase of Lake Castleton Apartments
by a New York-based hedge fund. Last week’s Real Estate Weekly cited the wrong Bluestone, a company based in Houston.

— Belkin International Inc. renewed its lease for 798,096 square feet at Airtech 1, 558 W. Airtech Parkway, Plainfield. Andrew Morris, Jeremy Woods and Matt McGrady of Summit Realty Group represented the tenant. The distribution center landlord, ProLogis, represented itself in the transaction.

— Defender Direct Inc. leased 23,166 square feet at 3939 Priority Way South Drive, in The Precedent Office Park. Scott H. Lindenberg and Ronald D. Foster of Echelon Realty Advisors represented the tenant. The landlord, PP Indianapolis V Project Corp., was represented by Rick Trimpe of CB Richard Ellis.

— American Physical Medicine and Rehabilitation PC leased 3,292 square feet of office space at 6612 E. 75th St. Matt Jackson of Halakar Real Estate represented the tenant. The landlord, 6612 East 75th Street Corp., was represented by Andrew Martin of Colliers Turley Martin Tucker.

— Indiana Children’s Wish Fund Inc. leased 2,287 square feet of office space at 6435 Castleway West Drive. Jeff Castell of Colliers Turley Martin Tucker represented the tenant. The landlord, Brookfield Real Estate Opportunity Group, was represented by David A. Moore and Darrin L. Boyd, also of Colliers.

— Dr. Rusty Neal DDS leased 2,348 square feet of retail space at 9893 N. Michigan Road in the West Carmel Marketplace Shoppes. James Marron of UGL Equis represented the tenant. The landlord, CASTO, was represented by Jacque Haynes and John Byrne of Colliers Turley Martin Tucker.

— HRC Medical of Indiana LLC leased 1,887 square feet of office space at 10173 Allisonville Road. Darrin L. Boyd and David A. Moore of Colliers Turley Martin Tucker represented the tenant. The landlords, James T. and Dorothy E. Ward, were represented by Kurt Meyer of Baseline Inc.

— Cortese Dermatology leased 1,996 square feet of office space at 8921 Southpointe Drive. Tom Cortese of Acorn Group represented the tenant. The landlord, NNN Southpointe LLC, was represented by Darrin L. Boyd and David A. Moore of Colliers Turley Martin Tucker.

— Leitz Out Concepts Inc. leased 1,759 square feet of office space at 3500 DePauw Boulevard. Justin Smith of Steinco represented the tenant. The landlord, CP Pyramids Associates LP, was represented by David A. Moore and Darrin L. Boyd of Colliers Turley Martin Tucker.

Andrew Parrish, 35, was shot in the head just after noon Sunday at a home on the southwest side of Indianapolis. Parrish
reportedly went to the house on South Warman Avenue to get something, but a fight broke out with suspected gunman Larry Aault,
who lives in the home. Parrish was taken to Wishard Hospital in critical condition and Aault was taken into custody.
 

The Indianapolis Auto Show at the Indiana Convention Center this year features 39 makes and models, but that’s fewer
than in past years. While the smaller show might be a reflection of tough times for the auto industry, dealers say they’re
encouraged that the economy appears to be bouncing back. The event continues until Jan. 1.
 

A man is in critical condition after he lost control of his pickup truck on an icy road Sunday morning south of Whitestown
in Boone County. Roger Dumkie’s pickup flipped over into a creek. Two police officers and a fire chief jumped into the
freezing water, broke out a window and pulled Dumkie out. Witnesses say Dumkie, 56, wasn’t speeding, but was driving
too fast considering the conditions. Fox59 will have more at 4 p.m.