Correction
The landlord was misidentified in an item last week about the tenant build-out for Fischer Homes at 6602 E. 75th St. The landlord is 6606 E 75th Street Corp.
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Leasing/leasing contracts
-Heartland Dental Care Inc. leased 1,750 square feet at Prestwick Pointe, Building 100, 5250 E. U.S. Highway 36, Avon. Richard King of Hokanson Cos. represented the tenant. The landlord, Weston Group, was represented by Brooke Augustin and Stephen Daum of NAI Olympia Partners.
-Aurora Bank leased 33,383 square feet of office space at 5920 Castleway West Drive. Dan O’Neil and John Robinson of Jones Lang LaSalle represented the tenant. The landlord, Brookfield Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers Turley Martin Tucker.
-National Government Services Inc. leased 149,255 square feet of office space at various locations throughout Castleton Park. Jim Teskey and Allen Trowbridge of Cresa Partners represented the tenant. The landlord, Brookfield Opportunity Group, was represented by David A. Moore and Darrin L. Boyd of Colliers Turley Martin Tucker.
-Malibu Wellness leased 31,170 square feet of industrial space at 6050 E. Hanna Ave. Kevin B. Kempf of Colliers Turley Martin Tucker represented the tenant. The landlords, VB Colerain LLC and Hanna Street Partners LLC, were represented by Tony Hupp of Summit Realty Group.
-St. Vincent Health leased 1,650 square feet of retail space at the Executive Corners retail center at 475 E. Northfield Drive, Brownsburg. Bruce Gordon of Bremner-Duke Realty represented the tenant. The landlord, Executive Corners LLC, was represented by Jacque Haynes of Colliers Turley Martin Tucker.
-Kaplan University leased 8,320 square feet at 9000 Keystone Crossing. Jim Teskey of Cresa Partners represented the tenant. The landlord, Philadelphia-based BGP Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Coldwell Banker Commercial Realty leased 2,972 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based BGP Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.
-SBC Health Midwest, Inc. leased 31,348 square feet at 4030 Vincennes Road. Nick Arterburn of CB Richard Ellis represented the landlord/owner, CP Vincennes LLC. The tenant was represented by Zane Brown of CB Richard Ellis.
-GSA-IRS Indianapolis leased 50,160 square feet at 4030 Vincennes Road. Nick Arterburn of CB Richard Ellis represented the landlord/owner, CP Vincennes LLC. The tenant was represented by Tim Craft, Mark McDermott and Tim Hull of CB Richard Ellis.
-Cathy’s Concepts leased 40,000 square feet at 6900 E. 30th St. Mark Writt and Tom Cooler of CB Richard Ellis represented the tenant and the landlord, 6900 Complex LLC.
Symphony reports record shortfall of $2.8 million
Indianapolis Symphony Orchestra CEO Simon Crookall said he’s expecting a smaller but still significant gap of $1.3 million
in the 2010 budget year.
Property tax-cap issue could dominate next Indiana Legislature
Lawmakers meet Tuesday for Organizational Day and will begin debating measures Jan. 5 when the Legislature officially convenes
for a short session.
Failed jewelry retailer to sell millions in inventory
An old-line Indianapolis jewelry business has shut down, setting the stage for the sale of millions of dollars in remaining
inventory through auctions planned in Indianapolis, Chicago, Miami and Naples, Fla.
Lucas Oil Stadium aglow during Sunday night game
The nation’s eyes were turned to Indianapolis during last night’s Colts-Patriots game. But all that positive exposure almost
went up in smoke as turf was set on fire during first quarter.
Toddler found walking street alone
Police believe they’ve found the family of a missing toddler that was found wandering alone Saturday on the near-northwest
side of Indianapolis. The little girl was found near 21st Street and Harding Avenue carrying an ash tray.
Police on Monday morning said the girlâ??s relatives contacted them after seeing her picture on the evening news. The girl
is in the custody of child protective services.
Man dies after west-side shooting
Police are interviewing three people they think were involved in a deadly shooting Sunday night on the near-west side of Indianapolis.
The shooting happened on North Alton Avenue near 18th Street about 10 p.m. The victim died a few minutes after being taken
to the hospital. Officers detained two men and a woman, but aren’t releasing anymore details. â??Apparently the witness heard
the shot and saw what they thought was trash being dumped out of a green Jeep-type vehicle, but it was actually the body of
a man,â?? Indianapolis Metropolitan Police Sgt. Paul Thompson said. Fox59 will have more at 4 p.m.
Daniels and entrepreneurship
Does Gov. Mitch Daniels’ economic development strategy emphasize job attraction at the expense of entrepreneurship?
Biz interests expect tax issues to vex Legislature
Increases in property and payroll taxes are among the key issues again confronting the business community when the General
Assembly convenes in January.
October retail sales rise slightly, beat predictions
Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending
remains under pressure.
GM reports $1.2B loss, says it shows progress
General Motors Co. said Monday it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better
than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business.
NatCity name to remain at local branches until early 2010
Pittsburgh-based PNC Financial Services Group Inc. has converted 240 former National City Bank branches to their new identity,
but the 77 Indianapolis-area locations will keep the old brand for a bit longer.
Mayor’s European mission focusing on motorsports industry
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
Arcadia sees bigger quarterly loss on lower revenue
Health care company Arcadia Resources Inc. saw growth in pharmacy business, offset by slower medical staffing sales.
CTI reports quarterly loss on lower revenue
Indianapolis-based CTI Group Holdings Inc. lost $337,549 in the third quarter on significantly declining revenue.
Carmel electric marketer planning expansion
Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.
Environment funds feel pinch of state budget cuts
Indiana is dipping into a wide range of state funds, including several devoted to improving or protecting the environment
and natural resources, to offset a steep drop in state revenues.
Late tax bills force counties to borrow millions
Nearly every Indiana county has failed to send property tax bills on time this year, forcing many local governments and schools
to borrow millions and providing further proof that Indiana’s tax system is still a work in progress more than a decade after
a court ordered a massive overhaul.