Feds OKs $1.8 million for health exchange helpers
The U.S. Department of Health and Human Services is sending Indiana money to help the state's health care plan navigators sign up more residents through a federally run exchange.
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Veteran Colts beat writer Chappell joining WRTV
Mike Chappell, who spent 30 years as a sportswriter with The Indianapolis Star before resigning Monday, has joined WRTV-TV Channel 6 as a writer and commentator, the station announced Tuesday morning.
Milhaus alters design to win condo project approval
The local developer hopes to start construction by the end of the year on an 84-unit condo development to be built on a one-acre parcel bounding 10th and 11th streets in Chatham Arch.
Court order keeps suspension of vanity plate sales
The Indiana Supreme Court says the Bureau of Motor Vehicles can continue suspending sales of vanity plates until a court case is settled.
Court: IURC erred in approving Duke fee hike
The Indiana Court of Appeals ruled Monday that state utility regulators wrongly approved $61 million in ratepayer fees for the Edwardsport coal gasification plant.
U.S.-Japan group calls for finishing trade pact
Government officials from the United States and Japan called Monday for completion of an international trade agreement that they said would strengthen ties between the two allies and help both countries recover from their own economic struggles.
Harlan Bakeries plans $13M expansion in Avon
The company, one of Hendricks County’s largest employers, said the expansion will help it retain 700 workers at its flagship plant
Indianapolis council OKs public safety tax hike
In a 19-10 bipartisan vote, the Indianapolis City-County Council approved a hike in the public-safety income tax. The 43-percent increase will bring the total local income tax rate to 1.77 percent.
Hardware association investing $4M to move downtown
The Indianapolis-based North American Retail Hardware Association bought a building on North Delaware Street downtown and will move its headquarters there following an extensive renovation.
School of Philanthropy at IUPUI appoints new dean
Indiana University has found a successor to Gene Tempel, who is set to step down as dean of the IU Lilly Family School of Philanthropy at IUPUI. The position will be funded through the newly created Eugene R. Tempel Deanship.
Pence, other governors meet with Japanese trade officials
This year’s goal for the Midwest U.S-Japan Association is to find opportunities for the Midwest’s environmental, health and wellness sectors as the population of Japan and the U.S. states age.
IndyCar race director leaving after three seasons
Beaux Barfield is leaving his role as race director of IndyCar for the same position with the International Motor Sports Association's Tudor United Sports Car Championship Series.
Treasury explores ways to limit profitability of overseas shifts
Treasury Secretary Jacob Lew said Monday the Obama administration will decide "in the very near future" what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries.
U.S. executives feeling tight-fisted about worker raises
A survey of Harvard Business School alumni released Monday reveals a series of trends that are widening income disparities and may be weakening the ability of the U.S. economy to grow in the long term.
Construction
-Reynolds Construction Group Inc. is scheduled to start a 7,200-square-foot interior renovation for Cornerstone Environmental Health and Safety at 880 Lennox Court, Zionsville.
-Mattingly Construction has completed construction of a 1,809-square-foot build-out for PROFYLE Boutique at Ironworks, 2727 E. 86th St., No. 125.
-Mattingly Construction has started construction of a 3,921-square-foot building for Martin Dentistry at 1724 Broad Ripple Ave.
-Mattingly Construction has completed a 1,200-square-foot build-out for Heritage Christian High School commons area at 6401 E. 75th St.
Bed shortage forces shelters to turn victims away
Indiana's domestic violence shelters are serving record numbers of victims, and rising demand has drawn attention to the need for more beds.
Rates
The average rate for 30-year mortgages rose from 4.23 percent to 4.24 percent in the week ended Sept. 4, according to Bankrate.com. The rate for 15-year mortgages fell from 3.38 percent to 3.37 percent.
Leases/leasing contracts
-JLL has been hired by USAA Real Estate Co. as leasing manager for Lake Pointe Center III and Lake Pointe Center IV at 8470 and 8520 Allison Pointe Blvd. JLL's Kevin Gillihan and Eric Pryor will handle leasing at the 170,000-square-foot office complex.
-Emporium LLC leased 40,980 square feet at River Ridge Plaza, 2100 Scatterfield Road, Anderson. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Sandor, was represented by Jeff Roberts of Sandor.
-CDI renewed its lease for 12,106 square feet at 11900 N. Meridian St. The tenant was represented by Tim Norton of Cushman & Wakefield/Summit. The landlord, Cornerstone Companies Inc., represented itself.
-Circle City Martial Arts & Fitness leased 6,591 square feet at 6107 Airport Blvd., Building 106, Mount Comfort. The tenant was represented by Joe Lonnemann of NAI Meridian Real Estate LLC. The landlord, The Peterson Property Group LLC, was represented by Matt Langfeldt, Rich Forslund and Jason Speckman of Cushman & Wakefield/Summit.
-AFC Enterprises d/b/a Popeyes Louisiana Kitchen leased a 5,480-square-foot building at 6161 E. 82nd St. The tenant was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The landlord, Huffer Holdings LLC and SunTrust Bank, was represented by Jeff Hubley and Patrick Boyle of Midland Atlantic Properties.
-McGilvery’s Tap House leased 4,260 square feet at Greenbrook Shoppes, 8249 U.S. 31 South. The tenant was represented by John Schick of Schick Properties. The landlord, Williams Realty Nine LLC, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate.
-American Mattress leased 3,313 square feet at Fishers Marketplace, 131st Street and State Road 37, Fishers. The tenant was represented by David Lucas of Julius M. Feinblum Real Estate Inc. The landlord, Thompson Thrift Development, was represented by Ryan Menard of Thompson Thrift.
-TKO Taekwondo leased 2,560 square feet at Greenbriar Shopping Center, 1315 W. 86th St. The landlord, Prime Property Investors Fund VIII, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-The Urban Chalkboard leased 2,529 square feet at The Carmel Marketplace, 452 E. Carmel Drive, Carmel. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Buckingham Fountains LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.
-9 Dragons Distribution leased 2,400 square feet at Centre East Shopping Center, 10537 E. Washington St. The landlord, Centre East LLC, was represented by Dean Almas of Sitehawk Retail Real Estate. The tenant represented itself.
-State Farm leased 1,600 square feet at 6335 Intech Commons Drive. The landlord, Inland American Management LLC, was represented by Jeff Hubley of Midland Atlantic Properties. The tenant represented itself.
-Menchies Frozen Yogurt leased 1,600 square feet at 2683 E. Main St., Suite 108, Plainfield. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Plainfield Commons II LLC, was represented by Liz Yoho of Providence Development LLC.
-Total Home Design Center leased 1,600 square feet at Meridian Meadows, 3003 Meridian Meadows Road, Greenwood. The landlord, TCP Meridian Meadows LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Dottie Couture leased 1,340 square feet at The Depot at Nickelplate, 8594 E. 116th St., Fishers. The tenant was represented by Allison Hawley of Niessink Commercial Real Estate. The landlord, Fishers Owners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
Purdue introduces competency degree program
The College of Technology program allows students to progress at their own rate as they demonstrate mastery of specific skills, rather than performance measured only at fixed calendar intervals of classroom time.
Sales/acquisitions
-Popeyes Louisiana Kitchen bought a 0.85-acre outlot at 4920 W. 38th St. The buyer was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The seller, GE Capital, was represented by Allison Hawley of Niessink Commercial Real Estate
-AFC Enterprises dba Popeyes Louisiana Kitchen bought the former Big Red Towing at 3821 N. Keystone Ave. The buyer was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The seller, Joe Long, represented himself.
-MSM Real Estate Holdings LLC dba Methodist Sports Medicine bought the 38,000-square-foot 1401 Office Park at 1401, 1405 and 1411 W. County Line Road, Greenwood. The buyer was represented by Itamar Cohen of Prudential Commercial Group. The seller, First Financial Bank, was represented by Steve Beals and Richard King III of Lee & Associates.
-Hockett Real Estate LP bought 32 acres at 6551 and 6591 S. Indianapolis Road, Whitestown. The seller, C and W Inc., was represented by Tom Osborne and Ross Reller of Colliers International. The buyer represented itself.
-San Antonio-based USAA Real Estate Co. bought Lake Pointe Center III and Lake Pointe Center IV office buildings at 8470 and 8520 Allison Pointe Blvd. The seller of the 170,000-square-foot complex, Sun Life Assurance Co. of Canada, was represented by Rebecca Wells, Jim Postweiler and John Robinson of JLL. The buyer represented itself.