$1.25M from Finish Line helping build kids’ club
Boys & Girls Clubs of Indianapolis broke ground Aug. 27 on a 22,000-square-foot facility on the east side.
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Fair Finance judge throws out $33M Dan Laikin judgment
The ruling is a big setback for bankruptcy Trustee Brian Bash, who has yet to provide any recovery to the more than 5,000 Ohio residents who lost more than $200 million when the Tim Durham-led company collapsed in 2009.
Indiana gets 1-year waiver of federal schools law
The U.S. Department of Education on Thursday granted a one-year extension of Indiana's waiver from the federal No Child Left Behind education law after the state resolved concerns.
Nation’s banks continue robust recovery as lending picks up
The FDIC says 57.5 percent of banks reported an increase in profit in the second quarter from a year earlier. They reduced their expenses, and lending marked its fastest pace since 2007.
Antiques shop liquidation expected to draw big crowd
Red Ribbon Antiques, which opened its doors on Main Street in 1989, will open them one final time Sept. 6 to liquidate the inventory Gloria Holloway established over her 25-year business career.
Colts’ Monday Night Football home opener not yet sold out
Team officials remain confident sellout streak dating back to early 2003 will remain intact.
After WISH drama, CBS reaches deal with Lin for other affiliates
CBS Corp. has agreed to renew affiliation agreements for 12 stations owned by Lin Media after it played hardball with the company and dropped its ties with WISH-TV in Indianapolis.
UPDATE: Tech entrepreneur Braun named DWD commissioner
State Rep. Steve Braun, an entrepreneur who sold a publicly traded technology company a decade ago, will take over leadership of the Indiana Department of Workforce Development in late November, Gov. Mike Pence announced Thursday morning.
Boone County agency taps native as eco-devo leader
Molly Whitehead joined Boone Economic Development Corp. as executive director Aug. 18, a little more than a month after predecessor Bryan Brackemyre left for a job at Ernst & Young.
New $40M Butler dorm will be two buildings with connector
Plans for Butler University’s 654-bed residence hall show two buildings fronting Sunset Avenue by the campus entrance, connected by a multi-level glass atrium.
Meat processing company plans new Indiana plant
The project by Boar's Head Meats includes an initial investment of $80 million to build a 150,000-square-foot building where up to 200 people will work.
Cold cash just keeps washing in from ALS challenge
Approaching $100 million, the viral ice bucket fundraising campaign for the ailment better known as Lou Gehrig's Disease has put the ALS group into the top ranks for medical charity donations.
Work-share program debated by study committee
Business leaders split Wednesday on their support of a proposed work-share program that would let Indiana companies reduce work hours for employees, who could then collect partial unemployment benefits.
ISTA urges Pence to seek accountability delay
Indiana's largest teachers union is urging Gov. Mike Pence to support freezing the state's education accountability system for one year because of revisions to the ISTEP test being driven by the state's new academic standards.
A&E picks for Aug. 28-Sept. 4
A musical festival warms up Broad Ripple Park, a magician takes over TOTS, and more.
Construction
-Capitol Construction has completed a 2,000-square-foot restaurant build-out for Sushi Boss at 803 W. 10th St.
-Capitol Construction has completed a 2,000-square-foot office build-out for Graham Financial at 11555 N. Meridian St., Carmel.
People
Jeffrey K. Lockhart has joined Collier's International's Capital Advisors Group as senior vice president.
Leases/leasing contracts
-The District Tap leased 15,062 square feet at 3720 E. 82nd St. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, White River Investments LP, was represented by John Beuoy of The Broadbent Co.
-Hoosier Cancer Research Network Inc. leased 7,884 square feet of office space at 500 N. Meridian St. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, Ambrose Property Group, was represented by John Vandenbark of CBRE.
-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.
-Wings Etc. leased 4,748 square feet of retail space at Greenfield Station,1925 Melody Lane, Greenfield. The tenant was represented by Dean Almas of Sitehawk Retail Real Estate. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley.
-Auto-Chlor System renewed its lease for 3,600 square feet of industrial space at 5333-5367 W. 86th St. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Little Caesar’s Pizza leased 3,500 square feet of retail space at 3400 S. East St. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, James Crewes, was represented by Hugh Kennerk of Sperry Van Ness/Sycamore Commercial.
-Companion Care Co. leased 2,520 square feet at 51 S. Park Blvd, Greenwood. The tenant was represented by Thomas Cortese III of CREstacom Real Estate Solutions. The landlord, South Park Group LLC, was represented by Brian Dell of Cushman & Wakefield/Summit.
-Shackelford Graphics Inc. renewed its lease for 2,500 square feet at 5640 S. Meridian St. The landlord, South Meridian Park LLC, was represented by Brian Dell of Cushman & Wakefield/Summit. The tenant represented itself.
-Vanguard of Evansville Inc. leased 2,400 square feet of industrial space at 5603 W. Raymond St. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Optical Technologies Inc. renewed its lease for 2,224 square feet at 62 South Park Blvd., Greenwood. The tenant was represented by Pam Smith of Realty World. The landlord, South Park Group LLC, was represented by Brian Dell of Cushman & Wakefield/Summit.
-Lombardo Homes of Indiana LLC leased 2,160 square feet of retail space at Fall Creek Harbour, 10106 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
-A Greek Restaurant leased 2,000 square feet at Avon Crossing, 7900 E. U.S. 36, Avon. The landlord, Cranfill Development Corp., was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-The Autoglass Professionals Inc. leased 1,800 square feet of industrial space at Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Teresa Clements of Lee & Associates.
-Newkirk Realty PC leased 1,121 square feet at 8606 Allisonville Road. The tenant was represented by Brian Dell of Cushman & Wakefield/Summit. The landlord, Castle Creek Office LLC, was represented by Brian Fitzgerald of Citimark Management Co.
Sales/acquisitions
-INTEX Associates LLC bought a five-building, 154,200-square-foot portfolio of industrial/flex buildings at 6011 E. Hanna Ave., 5333 and 5340 Commerce Square Drive and 8320 Brookville Road. The buyer and seller, First Financial Collateral Inc., were represented by Joseph DiSalvo and Matt Deahl of Marcus & Millichap.
-Greg Crawford bought a 15,000-square-foot retail property at 4901 Century Plaza Road. The seller, Bates Realty LLC, was represented by Ray Simons of Cassidy Turley. The buyer represented himself.
-Dresslar Dent & Autobody LLC bought a 5,360-square-foot industrial building at 420 E. Old Plank Road, Bargersville. The buyer was represented by Teresa Clements of Lee & Associates. The seller, Blankenship Limited Liability, was represented by Jim Karozos of Colliers International.
-Robert W. Kleis Jr. Living Trust bought 1.389 acres at 550 Polk St., Greenwood. The buyer and seller, Greenwood Senior Citizen Inc., were represented by Teresa Clements of Lee & Associates.
Ten local innovations chosen to reap awards
New things ranging from apprenticeships to beer dispensers to the Indianapolis Zoo's orangutan exhibit are in line for awards at this year’s Day of Innovation at Hilbert Circle Theatre.