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13995 results for 'articles'

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Carmel City Court joins state courts network

December 15, 2009

Carmel City Court has joined more than 40 other Indiana courts in using the state Supreme Court’s electronic case management
system.

Steak n Shake plans 20-1 reverse stock split

December 15, 2009

The Steak n Shake Co., in an unusual gambit, plans to initiate a reverse stock split that would reduce its number of shares
outstanding from almost 29 million to just 1.4 million and boost its per-share price from roughly $12 to $240.

$60M Lilly Endowment grant to fund IU physician research

December 14, 2009

Indiana University, which has received nearly $600 million from the endowment over the last three decades, will leverage the
new gift to increase its
scientific discoveries and commercialize life science innovations.

IUPUI seeking funds from CIB to renovate Natatorium

December 14, 2009

IUPUI says it needs about $15 million to renovate the aging Natatorium swimming complex and wants the city’s Capital Improvement Board to fund part of the expense.

Conseco offering new shares at $4.73 apiece

December 14, 2009

Carmel-based insurer hopes to raise $234 million through public offering.

Key committee sends tax caps bill to full House

December 14, 2009

Bills aimed at placing caps on property tax bills to the state constitution are now before both chambers of the Indiana General
Assembly.

Indiana panel OKs bill to end welfare privatization

December 14, 2009

The House Ways and Means Committee voted 14-10 Monday in favor of the bill, which now heads to the full House for consideration.

IFJA announces first slate of movie bests

December 14, 2009

“Up in the Air” takes top spot.

Fountain Square murder investigated

December 14, 2009

Indianapolis police are investigating a homicide in the Fountain Square area. A neighbor found 21-year-old Adam Crouchâ??s
body in an alley in the 1800 block of Prospect Street at about 11 a.m. Sunday and called police. Police aren’t saying how
Crouch was killed, but they say it looks like someone moved his body to the location where he was found. Those who knew Crouch
say he had been out drinking on Saturday night at a nearby club and suspect he was killed during a robbery.

School boards face decisions on budget cuts

December 14, 2009

Two area school boards will vote on or discuss proposals Monday night for big budget cuts. The Lawrence Township school board
is expected to vote on the future of Craig Middle School. The board is considering a proposal that would close the school,
send its sixth-graders back to elementary schools and the remaining seventh- and eighth-graders to the two remaining middle
schools. The Franklin Township school board will learn about options for major cuts, including a 30-percent cut in bus routes
and drivers, closing schools or eliminating teaching positions.

Stings nabs 18 crime suspects in Indianapolis

December 14, 2009

Eighteen suspects wanted for possible violent or sex crimes were taken into custody late last week in Indianapolis during
an undercover sting operation conducted the Marion County Sheriff’s Department and U.S. Marshals Service. “Operation Consumer
Talk” took place from Dec. 9-11 at a near-south-side storefront. The offenders received mailers inviting them to complete
a survey and receive a cash prize of $250 in return for their assistance. When the suspects arrived at the store, deputies
apprehended them. Fox59 will have more at 4 p.m.

Construction

December 14, 2009

-TMG Construction Management Inc., Noblesville, has started a 1,500-square-foot tenant build-out for Jackson Hewitt at 55 S. Raceway Road.  It is scheduled to be completed by the end of December.

-TMG Construction Management Inc., Noblesville, recently completed a 1,000-square-foot office remodel project at 5455 W. 86th St. for Polaris Real Estate.

Housing

December 14, 2009

On a seasonally adjusted basis, the pace of mortgage loan activity increased 8.5 percent for the week ending Dec. 4, according to the Mortgage Bankers Association. Rates for 30-year loans increased to 4.88 percent from 4.79 percent the previous week. Fifteen-year mortgages increased to 4.33 percent from 4.27 percent.

People

December 14, 2009

–Sylvie Williams has joined Resource Commercial Real Estate LLC as an adviser on the industrial team. 

–Craig Ramsay has joined Sitehawk Retail Real Estate as a senior leasing associate.

–Michael Cranfill has been promoted to senior leasing associate with Sitehawk Retail Real Estate.
 

Leasing/leasing contracts

December 14, 2009

-PricewaterhouseCoopers leased 21,945 square feet of office space at National City Center in downtown Indianapolis. The tenant was represented by John Vandenbark and Zane Brown of CB Richard Ellis. The landlord, REIT Management & Research, was represented by Rick Trimpe of CB Richard Ellis.

-PrimeCo Development, doing business as Cadillac Ranch All American Bar and Grill, leased 20,000 square feet on the ground floor of Union Station. Michael Cranfill and Larry Davis of Sitehawk Retail Real Estate represented the tenant. The landlord, the city of Indianapolis, was represented by Mary Hauser of Browning Investments.

-Ent & Imler leased 13,052 square feet at Five River Crossing, 8555 River Road. The tenant was represented by Jack Esselman of J.F. Esselman Inc. The landlord, PK Partners, was represented by Dan Richardson of CB Richard Ellis.

-Stacked Pickle leased 4,313 square feet at Providence Shoppes, 12545 Old Meridian St., Suite 150, Carmel. The tenant, a restaurant and bar, was represented by Brian Epstein of Urban Space. The landlord, Thompson Thrift, was represented by Susannah Gershman of Thompson Thrift and Natasha Evans of Buckingham Companies.

-The law firm Plunkett Cooney leased 4,000 square feet of office space at 300 N. Meridian St. The tenant was represented by Bill Ehret and Katie Gray of Summit Realty Group. The landlord, REI Real Estate Services, represented itself.

-Fox’s Pizza Den leased 1,600 square feet at Marketplace at Anson, 6579 E. State Road 334, Zionsville. Scot Courtney, Bart Jackson and Cindy Hoskinson of Grubb & Ellis Harding Dahm & Co. represented the landlord, Duke Realty. The tenant represented itself.

-ReMax at the Crossing leased 1,800 square feet of office space at Sycamore Springs, 4735 Statesman Drive. The landlord, MSE Realty LLC, was represented by Ralph Balber and Ashley Bussell of Halakar Real Estate. The tenant represented itself.

-Indy Spine & Rehab leased 1,236 square feet at Carmel Drive Executive Office Park, 755 W. Carmel Drive, Carmel. Mark Holtzlander of Grubb & Ellis Harding Dahm & Co. represented the tenant. The landlord, TIC Properties Management LLC, was represented by Matt Jackson of Halakar Properties.

-Deering Cleaners leased 1,300 square feet at Chapel Hill Shoppes, 7301 W. 10th St. Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co. represented the landlord, GSR LLC. The tenant represented itself.
 

Sales/acquisitions

December 14, 2009

Southpark Real Estate LLC bought a 9,600-square-foot industrial building at 16525 Southpark Drive. The buyer was represented
by Jon Shuel of Resource Commercial Real Estate. The seller, Irwin Union Collateral Inc., was represented
by J.D. Graves and Patrick Lindley of Colliers Turley Martin Tucker. The sale price wasn’t
disclosed.

Still hoping to sell securities, Fair Finance seeks extension

December 14, 2009

Tim Durham’s Fair Finance Co. says it needs another 30 days to provide Ohio regulators with a mountain of documents
they requested relating to insider loans and other issues.

‘Taxing’ not-for-profit property

December 14, 2009

Some Indiana mayors, desperate for revenue, think it’s time for "payments-in-lieu-of-taxes."

Former Visteon plant lined up for Carbon Motors

December 14, 2009

Atlanta-based Carbon Motors is a step closer to producing its high-tech police cars in Connersville after a bankruptcy
judge authorized auto-parts maker Visteon Corp. to sell a closed plant to the city for $500.

Indianapolis Colts, the team L.A. didn’t want

December 14, 2009

In some strange way, Indianapolis may have Raiders owner Al Davis to thank for having the winningest team this decade.
Some people still ask why L.A. didn’t lasso the Colts when it had the chance.

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