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Candidates hit the road on last leg of 2014 races

October 14, 2014

This time, three statewide offices, all 100 state House seats and 25 state Senate seats are up for grabs.

Construction

October 14, 2014

-Kort Builders has completed a 1,200-square-foot office build-out for Phanomen Design at 750 N. College Ave.

-Kort Builders has completed a 15,000-square-foot restaurant build-out for The District Tap at 3720 E. 82nd St.

Rates

October 14, 2014

The average rate for 30-year mortgages fell from 4.27 percent to 4.18 percent in the week ended Oct. 9, according to Bankrate.com. The rate for 15-year mortgages fell from 3.44 percent to 3.37 percent.

Leases/leasing contracts

October 14, 2014

-Lincare Inc. leased 14,000 square feet at 5649 Lee Road. The tenant was represented by Matt Jackson of Jackson IG. The landlord, Perpetual Group, was represented by Tom Ferguson of Premier Commercial Real Estate.

-First Merchants Bank leased 6,976 square feet at 33 W. 10th St., Suite 100, Anderson. The tenant and landlord, GBC International, were represented by Matt Jackson of Jackson IG.

-Eagle Creek Dermatology leased 3,445 square feet of office space at 6920 Parkdale Place. The tenant was represented by David Kosene of Kosene & Kosene. The landlord, Healthcare Trust of America Inc. was represented by Julia Schnepper Ehret of Healthcare Management of America Inc.

-Drs. William R. Nunery and H.B. Harold Lee, dba Oculofacial Plastic and Orbital Surgery, leased 3,188 square feet at Methodist Medical Plaza North, 201 N. Pennsylvania Parkway. The landlord, Healthcare Trust of America Inc., was represented by Andrew Nordhoff of Healthcare Management of America Inc. The tenant represented itself.

-SRT Prosthetics and Orthotics leased 2,159 square feet at Southpointe Office Park, 8936 Southpointe Drive. The landlord, Healthcare Trust of America Inc., was represented by Julia Schnepper Ehret of Healthcare Management of America Inc. The tenant represented itself.

-Dental Office Training by Lynn LLC leased 2,100 square feet at 9780 Lantern Road, Fishers. The tenant was represented by Matt Jackson of Jackson IG. The landlord, CM Lantern Place Investors LLC, represented itself.

-IU Credit Union leased 1,600 square feet at Southpointe Office Park, 8936 Southpointe Drive. The landlord, Healthcare Trust of America Inc., was represented by Julia Schnepper Ehret of Healthcare Management of America Inc. The tenant represented itself.

-Indy Spine and Rehab PC leased 1,236 square feet at 755 W. Carmel Drive, Carmel. The tenant was represented by Matt Jackson of Jackson IG. The landlord, VIII FS Carmel LLC, was represented by Bill Ehret and Alex Cantu of Cushman & Wakefield/Summit.

Sales/acquisitions

October 14, 2014

-Millenium Contractors LLC bought a 3,200-square-foot building at 1401 S. Holt Road. The buyer was represented by Cam Kucik of Cushman & Wakefield/Summit. The seller, Air Equipment Rental Corp., was represented by Keith Turnbill of RE/MAX Select Realtors Commercial Division.

-Paragon Southport LLC bought a 13,785-square-foot professional/retail building called Southport at the Crossing at 7007 S. U.S. 31. The buyer was represented by Joseph DiSalvo and Matt Deahl of Marcus & Millichap. The seller, Southport at the Crossing Inc., was represented by Forest Bender, Joseph DiSalvo, and Matt Deahl of Marcus & Millichap.

U.S. high court: Who best judges fair competition?

October 14, 2014

The U.S. Supreme Court is set to hear a case over whether U.S. states can delegate the regulation of professions such as dentistry, plumbing, cosmetology and more to boards of practitioners drawn from those occupations.

RV company plans northern Indiana expansion

October 14, 2014

A company that makes towable recreational vehicles says it will spend nearly $5 million to expand its operations in northern Indiana, creating as many as 125 jobs.

Nude photo scandal boosts local startup’s web traffic

October 14, 2014

Indianapolis-based event-planning website Snappening.com saw traffic surge this weekend, apparently from web browsers looking for nude photos.

City-County Council to vote on $70M bond issue for roads

October 14, 2014

The plan scales back Mayor Greg Ballard’s original proposal for borrowing $150 million to help handle street repair.

State tax collections continue to trail projections

October 14, 2014

State tax collections fell below projections in September for the third straight month but remain ahead of revenue for the same period last year.

Springer picked to head small business operation

October 14, 2014

Indiana's Office of Small Business Entrepreneurship has picked a new director for its efforts to provide contracts to small businesses.

Merchandise seized from Indianapolis flea market

October 14, 2014

Cpl. Brandon Thomas said excise officers had a search warrant for the Liberty Bell Carpet & Flea Market on the city's east side when they seized the items Sunday.

Hospital market shares shift

October 14, 2014

Community Health Network claimed 23.1 percent of the central Indiana market inpatient market last year, up from 21.5 percent the year before, while Indiana University Health saw its share of the inpatient market decline from 28.8 percent in 2012 to 27.8 percent last year.

Gambling debate hinges on ‘expansion’ definition

October 14, 2014

House Public Policy Chairman Tom Dermody, R-LaPorte, opened a gambling hearing last week with a word of caution for his colleagues: Before they launch into the 2015 session in January, they need to decide what they consider an expansion to be.

Indiana cuts some public audits over shortages

October 14, 2014

The State Board of Accounts no longer is auditing the financial records of Indiana libraries, conservancy districts, some public school accounts, and small towns and townships, its leader says.

Local financial adviser sentenced to 10 years

October 14, 2014

Kevin James, charged in April with securities fraud, mail fraud and money laundering, also was ordered to pay more than $1.3 million in restitution by Judge Sarah Evans Barker.

PROXY CORNER: Kite Realty Group Trust

October 14, 2014

Indianapolis-based Kite Realty Group Trust engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States. It also provides real estate management and advisory services to third parties.

Company news

October 14, 2014

The Indiana University School of Medicine will receive nearly $8.5 million from the estate of the late Dr. Suzanne Buckner Knoebel, a cardiologist and longtime professor at the medical school. She died in July at the age of 87. The money will flow into two funds, one of which supports cardiovascular researchers and the other that will pay for cardiology professors to receive training in new techniques and other educational programs. Knoebel was an IU medical school professor from the early 1960s to the early 1990s. In 1982, she became the first female president of the American College of Cardiology.

The Indiana University Melvin and Bren Simon Cancer Center will receive $7.8 million over the next five years from the National Cancer Institute to support its research. The grant follows up on a previous grant in 2008 from NCI, which is one of the National Institutes of Health. NCI has designated the IU Simon Cancer Center as one of 68 cancer centers across the country that focus on the rapid translation of research discoveries to directly benefit people with cancer. Purdue University also operates an NCI-designated cancer center, although only the IU center provides care to Indiana cancer patients. The IU Simon Cancer Center includes nearly 200 researchers, who attract $61 million per year in grants.

The Indiana Family of Social Services Administration awarded Purdue Healthcare Advisors at Purdue University a $2.3 million grant to keeping helping independent, rural and urban health care providers to use electronic medical records in ways the federal government defines as “meaningful.” Purdue Healthcare Advisors started its work in February 2010 after Purdue received a $14 million federal grant authorized by the 2009 stimulus bill. Providers eligible for Purdue’s help practice in small or independent groups, or in federally qualified health clinics, community health clinics or rural health clinics.

Gov. Mike Pence named Dr. Jerome Adams to be commissioner of the Indiana State Department of Health, replacing Dr. William VanNess, who announced his resignation in August. Adams is a professor of clinical anesthesia at the Indiana University School of Medicine and a staff anesthesiologist at Eskenazi Health. He plans to continue working at Eskenazi even as he serves his role as health commissioner. Previously, he was an anesthesiologist at Ball Memorial Hospital in Muncie and a physician rapid responder at Indianapolis Orthopaedic Hospital.

USDA ups expected record corn, soybean harvest

October 14, 2014

The Department of Agriculture says 22 states will set corn record yields this year. Corn farmers are expected to harvest a national average of 174.2 bushels per acre, a significant increase over the record of 169.

People

October 14, 2014

Dr. Jennifer Carnahan, a geriatrician, has joined the Eskenazi Health Center for Senior Health. She earned her bachelor’s degree in anthropology and religious studies from New College of Florida and her medical degree from the University of Virginia.

Dr. Ihab I. El Hajj, a geriatrician, has joined Eskenazi Health. He received his master’s degree in public health from the American University of Beirut in Lebanon. He received his medical degree from the University of Sfax School of Medicine in Sfax, Tunisia.

Dr. Anna Willard, an internist, has joined Acute Rehab Medicine Specialists to care for patients in skilled nursing facilities. She worked as medical officer in Iraq as part of her 20-year career in the U.S. Army. She has also worked as a hospitalist at Hancock Regional Hospital and St. John’s Health System.

Dr. Jaclyn Smith, an internist, has joined Acute Rehab Medicine Specialists to care for patients in skilled nursing facilities. She earned a bachelor’s degree in biology and chemistry from Manchester College. She graduated from the Indiana University School of Medicine. In addition to her work with ARMS, she provides services at Riverview Health’s transitional care unit and is the medical director for Paradigm Living Concepts, a local palliative care and hospice company.

Dr. Dion Chavis has joined Acute Rehab Medicine Specialists as a wound-care consultant. He earned his medical degree from the University of Missouri-Columbia.
 

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