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14312 results for 'articles'

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Sales/acquisitions

January 12, 2010

-Big CEC LLC bought the Weston Village Apartments, a 60-unit property at 422 Roosevelt Drive, Greenfield, out of receivership. The price wasn’t disclosed. The complex of one- and two-bedroom flats and three-bedroom townhomes was built in 1967, renovated in 2001 and went into receivership in February 2009. The  receiver, Michael J. Williams of Moynahan Williams Inc., and buyer were represented by Colin M. Atkinson of Marcus & Millichap Real Estate Investment Services.
 
-Dr. Jeremy Roscoe bought a 6,150-square-foot office building at 401 Camby Court, Greenwood. The price wasn’t disclosed. The seller, Glenn-Gary Investment Corp., was represented by Mark Dietel of Royal Companies Inc. The buyer was represented by Pam Smith of Realty World Harbert Co.

-Baaron Properties LLC bought 5.2 acres of retail land at the corner of State Road 37 and Harding Street. The price wasn’t disclosed. The seller, Forum Credit Union, was represented by Mark Dietel of Royal Companies Inc. The buyer was represented by Phil Aaron of Location Realty.

-Randy Faulkner and Associates bought one acre of commercial land located at 300 S. Polk Ave., Greenwood.  The price wasn’t disclosed. The buyer and the seller, The Kelly Charitable Trust, were represented by Bruce Richardson of Royal Companies Inc.
 

Riley Towers expansion in works

January 11, 2010

The owner of the Riley Towers apartment complex is preparing to develop a 54-unit extension of the landmark
downtown property.

Indiana House OKs tax caps; measure moves to Senate

January 11, 2010

The Indiana House approved legislation aimed at putting caps on property tax bills into the state constitution and also a bill that would tighten lobbying and ethics rules.

Indy Racing League loses key cog in Tony Cotman

January 11, 2010

At a critical time for series, Indy Racing League VP of Competition Tony Cotman is leaving his full-time post with the open-wheel
circuit to start his own track design firm.

Tillmann out as Roche Diagnostics CEO

January 11, 2010

The management change comes as the Indianapolis company’s diabetes market share has been sliding. Roche says successor will
be named “shortly.”

Lucas Oil owner backs foes of southern Indiana power plant

January 11, 2010

Forrest Lucas has hired lawyers to help the Concerned Citizens of Crawford County in their opposition to a proposed wood-burning
power plant near Milltown in southern Indiana.

How much more valuable could Peyton Manning be?!

January 11, 2010

A second Super Bowl ring or no, there’s no Mount Rushmore of NFL quarterbacks. There’s Peyton Manning on one level. Then there’s
everybody else.

Realty franchise gives Sotheby’s a presence in Indianapolis

January 11, 2010

Four veteran real estate agents are operating as part of Sotheby’s international network. The north-side office opened Friday
and already has 117 residential listings in the metropolitan area.

City water rates could be going up

January 11, 2010

Indianapolis water customers can weigh in on a planned water rate hike at public hearing Monday night. In September, the Department of Waterworks proposed a 35-percent rate hike to pay for a $110 million upgrade to the city’s drinking water system. If approved, the rate increase would drive up residential water bills by an average of $6 a month. The hearing is set for 6 p.m. in the Broad Ripple High School auditorium.

Man tied up, beaten in home invasion

January 11, 2010

Police say an east-side man who was tied up and beaten early Monday did not know his attackers. Officers were called to a home in the 2000 block of Adams Street just after 2 a.m. A male resident told investigators that his male attackers entered the home with guns drawn, physically assaulted him, tied him up and then stole his television and computer. This is the second home invasion in the area reported in the past week.

Woman rescued from burning Zionsville home

January 11, 2010

Three Zionsville police officers went into a burning home Monday morning to rescue a woman trapped inside. The unidentified
woman has been taken to St. Vincent Hospital to be treated for injuries. An officer also was sent to the hospital suffering
from smoke inhalation. Investigators haven’t determined how the fire on Stonewick Circle started shortly before 8 a.m. FOX59
will have more at 4 p.m.

Immigration redux at the Statehouse

January 11, 2010

Are Republicans shooting themselves in the foot with another bill targeting illegals?

Hillenbrand acquiring conveyor manufacturer

January 11, 2010

The Batesville holding company said it will purchase K-Tron International Inc. in New Jersey for about $435 million, including
$45 million in K-Tron debt and cash on hand. The deal is expected to close by the end of March.

Cummins gets $54M to improve fuel efficiency

January 11, 2010

Columbus engine
maker Cummins Inc. will receive nearly $54M in federal funding as part of a program designed to significantly
increase fuel efficiency in heavy trucks and passenger vehicles, U.S. Energy Secretary Steven Chu announced Monday.

Bill would check citizenship of Indiana government workers

January 11, 2010

Sen. Mike Delph of Carmel says his proposal would require state agencies to check the citizenship of new employees and residents
applying for unemployment benefits using an online verification system.

House vote expected on property tax caps

January 11, 2010

The Indiana House is expected to vote Monday on legislation aimed at amending limits on property tax bills into the state
constitution.

You-review-it Monday

January 11, 2010

A busy weekend included a Dance Kaleidoscope revival, a Bob Dylan tribute, and confessional theater.

Casino exec: Bridge closure costs jobs, state taxes

January 11, 2010

Officials say closing a key Lake County bridge serving casinos, a steel mill and other businesses is costing the state tax
revenues amid other financial losses.

New IDEM official lacks environmental background

January 10, 2010

An Iraqi war veteran is drawing scrutiny from environmental advocates who question whether his work experience is appropriate
to his new job as a top state environmental adviser.

Lawmakers consider changes to alcohol laws

January 9, 2010

The General Assembly plans to consider changes to Indiana’s alcohol laws this session, including proposals that would allow
microbreweries to sell takeout beer on Sundays and permit alcohol sales during voting hours on Election Day.

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