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WellPoint, White House sling reform studies

November 3, 2009

Health insurer says premiums would fall for local employers with unhealthy workers, but costs would rise for firms with
average or healthy workers.

City Market board sought 3-year closure for redevelopment

November 3, 2009

Board president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until
2013 for major renovation.

Fishers fights for Sallie Mae employees

November 3, 2009

The Fishers town council last night approved a resolution urging the U.S. Senate to help about 2,000 Sallie Mae employees
who could lose their jobs if President Obamaâ??s plan to eliminate private student-loan lenders is approved. The nationâ??s
biggest private lender has offices in Fishers and Muncie. It employs about 2,300 Hoosiers.

2012 may not be Indy’s only Super Bowl

November 3, 2009

Though NFL executives have concerns about the 2012 Super Bowl in Indianapolis, Allison Melangton, CEO of the local organizing
committee, thinks perfect execution of the game and all that surrounds it will take the Circle City to a new level.

New mother dies from H1N1 flu

November 3, 2009

Jamie Loveless, 27, a Mooresville native, died last week from the H1N1 flu virus while on vacation with her husband and 9-month-old
son. She was admitted to the St. Petersburg General Hospital with serious respiratory issues and pneumonia, and died a few
days later. Her funeral is tomorrow in Mooresville.

Police search for cabbie carjacking suspects

November 3, 2009

Police are looking for three people they say carjacked a cab driver early this morning on the west side of Indianapolis. Investigators
say the cab driver picked up a woman sometime around 4:30 a.m. After reaching her destination, two men approached the cab,
beat up the driver, then took off in his car with the woman still inside. Police say the woman may have been involved in the
crime. Fox59 will have more at 4 p.m.

Buffet’s Berkshire buying railroad for $34B

November 3, 2009

Warren Buffet’s Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at
$34 billion.

Saturn’s loss, Byrider’s gain

November 3, 2009

J.D. Byrider, the Indianapolis chain of used-car lots, is courting Saturn dealers to come into the fold as Byrider franchisees.

Factory orders rose 0.9 percent in September

November 3, 2009

Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.

Brake manufacturer closure costs 118 jobs

November 3, 2009

Carlisle Industrial Brake and Friction has notified the state that it will close a manufacturing plant in Logansport, resulting in the loss of 118 jobs.

Greensburg manufacturer sold, jobs moving to Oklahoma

November 3, 2009

The Autoquip Corp. has completed its acquisition of American Lifts in Greensburg and will be moving nearly 50 jobs to company headquarters in Guthrie, Okla.

Wishard receives $6 million gift from Fairbanks

November 3, 2009

The Wishard Foundation said it has received a $6 million grant from the Richard M. Fairbanks Foundation that will be used to help fund construction of a new Wishard Hospital, if Marion County voters approve the project.

CICF lost more than its foundation peers in ’08

November 3, 2009

The $491 million Central Indiana Community Foundation has switched investment advisers after the market crash of 2008, a year
in which it saw greater losses than many of its peers.

Construction

November 3, 2009

-TMG Construction Management Inc., Noblesville, will begin construction next week of a new town hall for the town of Trafalgar.
The project, which includes a 1,000-square-foot expansion and 3,400-square-foot renovation of existing space, is scheduled
to be complete by the end of January.

-TMG Construction Management Inc. has completed a 1,500-square-foot renovation
for Indy Laser Hair Removal at 55 S. Raceway Road.

Leasing/leasing contracts

November 3, 2009

-Equicor Real Estate Development and Investment hired Jones Lange LaSalle as leasing agent for Waterplace Park, a 113,000-square-foot, four-building complex at 8925 N. Meridian St., and for the 74,000-square-foot Fidelity Keystone Office Tower and Fidelity Keystone Office Park. John Robinson and Adam Broderick of Jones Lange LaSalle are brokers for the properties.

-Software Engineering Professionals leased 28,000 square feet in the James Building, which is under construction in Carmel City Center. The tenant was represented by Jenna Barnett of Halakar Real Estate. The owner of the building, REI Real Estate, was represented by John Robinson and Adam Broderick of Jones Lange LaSalle.

-Schiele Enterprises Inc. leased 21,000 square feet of industrial space at 2402 Shadeland Ave. The tenant was represented by Kevin B. Kempf of Colliers Turley Martin Tucker. The landlord, Shadeland Business Park LLC, represented itself.

-CornerStone Flooring leased 12,800 square feet of industrial space at 8068 Woodland Drive in Park 100. The tenant was represented by Kevin B. Kempf of Colliers Turley Martin Tucker. The landlord, Duke Realty, represented itself.

-Decatur Vein Clinic leased 2,250 square feet at 33 E. County Line Road, Greenwood. The tenant was represented by David Black of Grubb & Ellis Harding Dahm & Co. The landlord, County Line Commons LLC, was represented by Rebecca Baer of Summit Realty Group.

-Dr. Matthew Wittrig, DDS, leased 2,363 square feet at 33 E. County Line Road, Greenwood. The tenant was represented by Jim Marron of UGL Equis. The landlord, County Line Commons LLC, was represented by Rebecca Baer of Summit Realty Group.

-Triumvirate Enterprises leased 2,460 square feet at 5777 Park Plaza Court in Park Plaza Business Park. The tenant was represented by Kurt Meyer of Baseline Commercial. The owner, First Industrial Realty Trust, was represented by Mary Sullivan of First Industrial and Nikhil Gunale of CB Richard Ellis.

-Peter Municipal Consultants PC leased 1,250 square feet at South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. Cathy Richards of Grubb & Ellis Harding Dahm & Co. represented the landlord, HRCP Inc. John Vance of Keller Williams represented the tenant.

-Sweeties GT leased 2,523 square feet at Broad Ripple Station, 1081 Broad Ripple Ave. Ron Mannon of Grubb & Ellis Harding Dahm & Co. represented the tenant. The landlord, LOR Corp., was represented by Suzanne Gammon of LOR.

-LJ Stone Co. leased 806 square feet at Lake Plaza 6801 Lake Plaza Drive. Debbie Shumate of Grubb & Ellis Harding Dahm & Co. represented the landlord, Lake Plaza LLC and LeBarron Investments. The tenant was represented by Brian Dell of Summit Realty Group.

 

Sales/acquisitions

November 3, 2009

Bill Pritt, the owner of local restaurants Forty-Five Degrees and the Blu Martini, purchased the 8,000-square-foot ground
floor commercial space at 757 Massachusetts Ave. for $890,000 from Fifth Third Bank, which had foreclosed on the property.
Forty-Five Degrees is one of the tenants in the space, located at the corner of Massachusetts and College avenues.

Properties in play along Market Street

November 3, 2009

Four properties for sale along a two-block stretch of East Market Street downtown are likely to offer the first signs of what’s
in store for an area real estate brokers think will get a boost from the recent removal of the Market Street interstate ramp.

FDA questions role of payments in Zimmer study

November 3, 2009

Federal health officials say an implant from Indiana-based Zimmer Holdings Inc. appears to be effective in treating spinal
problems, but questions remain about whether company payments to doctors influenced the device’s trial data.

Educators criticize proposed licensing changes

November 3, 2009

A proposed revamping of Indiana’s teacher licensing standards that would reduce the amount of required courses on how to teach
drew sharp criticism from educators Monday, with one teacher at the last of three public hearings on the plan calling it a
“slap in the face.”

2012 Super Bowl Countdown

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