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14231 results for 'articles'

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‘Transparent’ government often elusive for right and left

September 15, 2014

The promise of "transparent" government is almost universally popular among politicians. But the talking point of transparency often remains just that: a talking point.

Commercial Real Estate Power Breakfast transcript

September 15, 2014

Indianapolis Business Journal gathered leaders in the state's commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 13.
Among the topics the panel discussed were the factors driving downtown growth, which types of office space are in demand, the types of projects being built, and how the industrial sector has sustained its strength.

Indy housing market stumbles to glum milestone

September 15, 2014

Home-sale agreements in August declined 9.6 percent, marking the 12th consecutive month of declining deals for houses in the nine-county Indianapolis area.

Couple revamps old roadside motel into apartments

September 15, 2014

The Kaiden, a 13-unit hotel just off the National Road between Indianapolis and Greenfield, has been reborn as an apartment building called The Village.

Construction

September 15, 2014

-Capitol Construction has completed a 2,500-square-foot office build-out for Fully Armored at 755 W. Carmel Drive, Suite 150, Carmel.

-Capitol Construction has completed a 1,500-square-foot office build-out for Grand Financial at 1155 N. Meridian St., Carmel.

-Capitol Construction has completed a 4,000-square-foot office build-out for KE Labs at 3500 Depauw Blvd., Suite 1080.

-Kort Builders has completed a 7,800-square-foot build-out for Case Remodeling at 99 E. Carmel Drive, Carmel.

-Kort Builders has completed a 2,200-square-foot build-out for H2H Salon at Hamilton Town Center, 13185 Harrell Parkway, Suite 200, Noblesville.

People

September 15, 2014

Ross Goyer has joined Cornerstone Companies Inc. as vice president of development and property management.

Rates

September 15, 2014

The average rate for 30-year mortgages rose from 4.24 percent to 4.27 percent in the week ended Sept. 11, according to Bankrate.com. The rate for 15-year mortgages rose from 3.37 percent to 3.42 percent.

Leases/leasing contracts

September 15, 2014

-ACS Human Services LLC leased 40,204 square feet of office space at 4450 Victory Lane. The tenant was represented by Yumi Goodman of Colliers International. The landlord, Midway Corp., was represented by Russ Van Til and Jeff Henry of Cassidy Turley.

-Southern Wine & Spirits of America Inc. leased 25,201 square feet at 8888 Keystone Crossing.  The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL.      
 
-The Indiana Annual Conference of the United Methodist Church Inc. leased 12,117 square feet at Meridian Corporate Plaza Two, 301 Pennsylvania Parkway, Carmel. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL.      

-Crown Castle USA Inc. leased 9,363 square feet of office space at 9045 River Road. The tenant was represented by Kimberly Estes Hartman and Tom Osborne of Colliers International. The landlord, Duke Realty Limited Partnership, was represented by Adam Seger of Duke Realty.

-Sitehawk Retail Real Estate leased 6,173 square feet of office space at 8500 Keystone Crossing. The landlord, PWA Keystone Crossing LP, was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The tenant represented itself.

-Comprehensive Retirement Solutions LLC leased 4,865 square feet of office space at One Penn Mark, 11595 N. Meridian St., Carmel. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, TNHYIF Reiv Sierra LLC, was represented by Rick Trimpe and John Vandenbark of CBRE.
 
-rue21 renewed its lease for 4,685 square feet of retail space at 540-630 W. Northfield Drive, Brownsburg. The landlord, ATC Realty One LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.

-Covideo leased 3,838 square feet on the third floor of 6235 N. Guilford Ave. The tenant was represented by Kelly Williams of Re/Max Ability Plus. The landlord, Monon Housing Partners, was represented by Jason S. Challand of Echelon Realty Advisors.

-Advanced Solutions Inc. leased 3,798 square feet at 8900 Keystone Crossing. The tenant was represented by Spud Dick of Cassidy Turley. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL.        

-St. Louis Group LLC leased 3,730 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL. The tenant represented itself.

Sales/acquisitions

September 15, 2014

-Taco Bell of America bought Lot 3 in Plainfield Park, 5030 Cambridge Way, Plainfield. The buyer was represented by John Byrne of Radar Commercial Real Estate. The seller, 267 Partners LLC, was represented by Jeff Hubley of Midland Atlantic Properties.

-Zevacor Molecular bought a 71,000-square-foot building at 14395 Bergen Blvd., Noblesville. The buyer was represented by Drew Augustin, Bryan Augustin and Brooke Sipe of Alliance Commercial Group. The seller, Westcore Delta LLC, was represented by Michael Weishaar and Luke Wessel of Cassidy Turley.

-Pharmakon Pharmaceuticals Inc. bought seven acres at Saxony Corp. Campus (Parcel Y), Noblesville. The buyer was represented by Brian Askins and Matt Waggoner of Cushman & Wakefield/Summit. The seller, Interstate Holdings LLC, was represented by Sean McKinnies of Republic Development.

-Oracle One LLC bought an 11,700-square-foot building at 5450 Rock Hampton Court. The seller, Tolson & Associates LLC, was represented by Steve Schaub of Cushman & Wakefield /Summit. The buyer represented itself.

Liquidation not needed, developer HDG Mansur tells court

September 15, 2014

Two affiliates of troubled Indianapolis-based developer HDG Mansur oppose requests to appoint a Chapter 11 trustee or convert the case to a liquidation in Chapter 7, saying significant progress has been made toward a plan and global settlement of claims.

Sign company plans $6M expansion, 133 new jobs in Fishers

September 15, 2014

The Fishers Town Council is set to consider an economic development deal for growing sign company AI Innovations after a high-potential lighting firm’s project fizzled.

Year wait expected for start of Wigwam work

September 15, 2014

The developer taking over Anderson's Wigwam gymnasium is expecting to start work at the complex in about a year. The group plans to convert part of the complex into 55 multifamily housing units while maintaining the gym.

Ventriloquism! Red Solo cup! Butt tape! A Miss America Pageant recap.

September 15, 2014

Missed the fun from Atlantic City? Here are some highlights.

S&P report: Stagnant incomes threaten Indiana revenues

September 15, 2014

Sales tax is Indiana’s largest source of revenue. But it is tied to consumer spending, and Americans have become increasingly reluctant to spend as median incomes have remained virtually stagnant over the past 30 years.

DCS struggles to keep accurate caseload tally

September 14, 2014

Indiana has hired more case workers to keep track of its most vulnerable residents. But complaints about overwork continue to surface as the state battles questions about the accuracy of data on caseloads.

Bloomington inventor’s game explores origins of life

September 14, 2014

Mark White's newest invention is a 3D board game called "Mutation," a clicking, clacking puzzle ball. It's best described as tic-tac-toe on the surface of a sphere.

Remy to spend $32M to settle patent lawsuit

September 12, 2014

Pendleton-based Remy International Inc. has agreed to pay $32 million to settle a patent lawsuit with an Italian manufacturer that was filed in 2008, the company announced late Thursday.

Sports Corp., Speedway make way for new leadership

September 12, 2014

The change of guard at Indiana Sports Corp. will take place in late October, giving Ryan Vaughn time to finish out negotiations for the city’s 2015 budget, currently under review by the City-County Council.

IU to provide business classes tailored to NFL players

September 12, 2014

The National Football League Players Association this month launched a first-of-its-kind partnership with the Indiana University Kelley School of Business.

Lilly execs make pitch for local preschool education

September 12, 2014

Eli Lilly and Co. executives on Friday repeated their plea to local businesses to support early childhood education, highlighting the work force development and crime-reduction benefits associated with the effort.

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