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Urban League taps new leader to replace Slash
Tony Mason was chosen to succeed Joseph Slash as the group's president and CEO effective Oct. 13. Mason will become only the third CEO in the organization’s 49-year existence.
Gay marriage decision reignites GOP debate
The Supreme Court's gay marriage decision has stirred up a divisive issue inside the GOP that many Republican leaders hoped to avoid ahead of the 2016 presidential contest.
Duke Energy: Payments mistakenly reported late
Duke Energy is notifying customers in Indiana, Kentucky and Ohio that it's taking steps to correct some of their monthly payments that were mistakenly being reported as late.
Indiana county clerks told to allow gay marriages
The Indiana attorney general's office told county clerks across the state Tuesday that they must issue marriage licenses to same-sex couples.
Energy Department predicts lower heating bills this winter
Milder temperatures should cut heating bills this winter, as few expect a return of the deep freeze that chilled much of the nation last year.
Forecasters expect 4.1-percent rise in holiday spending
Americans are expected to spend at the highest rate in three years during the upcoming holiday shopping season, according to the nation's largest retail industry trade group.
Wal-Mart cuts health benefits for most part-timers
Starting Jan. 1, Wal-Mart will no longer offer health insurance to employees who work less than an average of 30 hours a week. The move, which would affect 30,000 employees, follows similar decisions by Target, Home Depot and others.
Carmel council: No quick decision on City Center funding
Carmel City Council will take its time considering Pedcor Cos.’ request for public funding for a parking garage and other infrastructure needed to finish the City Center development downtown.
Police recommend charges against Elwood mayor
A prosecutor says state police investigators have recommended that criminal charges be filed against a central Indiana mayor over the spending of campaign money for personal expenses.
Update: Billboard company’s suit against city can proceed
A Marion Superior Court judge has sided with Geft Outdoor LLC, denying the city’s motion to dismiss the company’s suit over the removal of one of its billboards in the Geist area.
Construction
-Lauth has completed a 30,000-square-foot retail build-out for Fresh Thyme Market at 2342 W. 86th St.
-Capitol Construction has completed a 24,000-square-foot office build-out for Fuzion Analytics at 550 Congressional Blvd., Carmel.
-Charles C. Brandt Construction has completed a 600-square-foot restroom remodel for DSG at 655 Perry Road, Plainfield.
Rates
The average rate for 30-year mortgages fell from 4.30 percent to 4.27 percent in the week ended Oct. 2, according to Bankrate.com. The rate for 15-year mortgages fell from 3.46 percent to 3.44 percent.
Leases/leasing contracts
-Cintas Corp. leased 79,776 square feet of industrial space at 1165 S. Girls School Road. The tenant was represented by Mark Writt of CBRE. The landlord, Morris West Limited Partnership, was represented by Patrick Lindley and Grant Lindley of Cassidy Turley.
-1-800-Pack-Rat leased 33,180 square feet of industrial space at 7535 Company Drive. The tenant was represented by Glenn Davis of Colliers International. The landlord, Panattoni Development Co., was represented by Luke Wessel and Grant Lindley of Cassidy Turley.
-DSG Indiana LLC leased 19,948 square feet of industrial space at 909 Whitaker Road, Plainfield. The tenant was represented by Luke Wessel of Cassidy Turley. The landlord, Industrial Income Trust, was represented by Brian Seitz of JLL.
-Tru-Flex LLC leased 14,250 square feet of industrial space at 3811 Perry Blvd., Whitestown. The tenant was represented by Grant Lindley of Cassidy Turley. The landlord, WF Industrial Properties LLC, was represented by Patrick Lindley of Cassidy Turley.
-Delta Sigma Phi leased 8,568 square feet of office space at 2960 N. Meridian St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Brougher Plaza LLC, was represented by Jon Owens of Cassidy Turley.
-Select Physical Therapy renewed its lease for 3,194 square feet of retail space in George Thomas Plaza, 1048 N. Shadeland Ave. The landlord, Ladywood Apartments LLC, was represented by Cindy Hoskinson of Lee & Associates. The tenant represented itself.
Sales/acquisitions
-Blue Devil Properties bought an 8,713-square-foot industrial property at 140 S. College Ave. The buyer was represented by Walter Freihofer of Freihofer Commercial Real Estate. The seller, Janet Dible, was represented by Ray Simons of Cassidy Turley.
-Wedgefield Group LLC bought a 10,160-square-foot office property at 7301 N. Shadeland Ave. The buyer was represented by Chris Hake of Thompson Thrift. The seller, Indiana Association of Realtors, was represented by Jon Owens and Russ Van Til of Cassidy Turley.
-Taco Bell of America bought 0.6 of an acre at 1017 W. Main St., Greenfield. The buyer was represented by John Byrne of Radar Commercial Real Estate. The seller, Terry Day, was self represented.
Business, philanthropic leaders urge preschool expansion
Indiana lawmakers should act quickly to expand a preschool pilot program – one that’s not even yet underway – when they meet for their budget-writing session next year, business and not-for-profit leaders said Monday.
Pence asks HHS for alternative Medicaid approval
The governor met with Health and Human Services Secretary Sylvia Burwell on Monday in Washington, D.C., but said no deal has been reached yet.
$20M project on tap for Mapleton-Fall Creek area
The planned $20 million senior housing and retail project could help breathe new life into a blighted neighborhood that’s sorely in need of investment.
BidPal names chief executive to replace Webber
BidPal Inc. has hired an executive with a diverse background in event production, digital media and technology to succeed longtime CEO and tech industry leader Scott Webber.