Loss of CBS affiliation slices $110M from Indy station’s value
How much value did the CBS network affiliation bring to WISH-TV Channel 8? About $110 million, if you believe the parent company’s calculation.
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Longtime NCAA executive Isch set to retire
Chief operating officer Jim Isch announced he would retire early next year, a move that is prompting NCAA President Mark Emmert to reorganize his top staff.
NBA unveils new rules to make baselines safer
Clearing the congestion behind the playing area was planned even before Indiana Pacer Paul George broke his right leg when he crashed into the stanchion last month during a USA Basketball exhibition game.
Social media campaign publicizes lifeline law
Students at 13 Indiana college campuses will receive social media messages about the state law that allows minors who have been drinking to report a medical emergency or a crime without getting in trouble.
U.S. durable goods orders show record surge
Business orders for long-lasting manufactured goods shot up by the largest amount on record in July. But most of the strength came from demand for commercial aircraft. Outside of transportation, orders dipped.
Colts make first-of-its-kind commitment to fund high school coaches’ training
Thanks to $40,000 donated by the Indianapolis Colts, USA Football’s Heads Up Football safety program will be offered to all Indiana high school football coaches in 2015.
UPDATE: Security gates on tap for governor’s mansion
Preservation officials for the Meridian corridor have given unanimous approval for wrought-iron gates and brick columns at the entrances to the mansion at 46th and Meridian streets.
Fishers redevelopment draws homegrown Pure Eatery
The owners of Fountain Square’s Pure Eatery are planning to open a second location in downtown Fishers early next year. Plus: Gumbo A Go Go, Wolfies and pizza news.
New solar farm in Richmond begins generating power
Indiana Municipal Power Agency said the 8-acre solar farm on the grounds of Richmond Power and Light contains about 4,000 solar panels. They will generate enough electricity to power about 200 homes.
Indiana, Wisconsin join rush for same-sex marriage review
Amid the rush for U.S. Supreme Court review of gay-marriage bans, Indiana and Wisconsin are set to ask a federal appeals court on Tuesday to declare their laws barring such unions constitutional.
Kokomo council backs ban on smoking in bars
The Kokomo City Council voted 5-4 Monday night to give initial approval to a ban on smoking in bars and social clubs.
People
Jennifer Spritzer has joined the Carmel office of Keller Williams Commercial specializing in retail and investment properties.
School is open: Time to appreciate arts teachers
Little did I know that my music teacher was an accomplished composer and arranger. Little did I know I’d continue to be influenced by her decades after graduating.
Two HDG Mansur creditors seek liquidation of the firm
The firms claim in court filings that HDG Mansur has no hope of reorganizing under Chapter 11 and is stalling to avoid paying a $5.8 million judgment.
WISH, WNDY owner appoints new general manager
The owner of WISH-TV Channel 8 has named a well-traveled industry veteran to lead the Indianapolis station through what could be the biggest transition in its history.
CIRTA unveils commuter-bus schedule for Fishers, Carmel
Hamilton County commuters who ride the Indy Express Bus to and from downtown Indianapolis will have fewer departure options starting Sept. 2. A new schedule was released Monday afternoon.
Public-transit group hires latest executive director
Andrew Gast-Bray will become the fourth person to lead the Central Indiana Regional Transportation Authority since last August when he becomes executive director Sept. 1.
Patients, providers respond after Anthem promotes lower-cost MRI facilities
Anthem patients in five U.S. cities, including Indianapolis, spent $220 less per MRI scan after Anthem told them of lower-cost facilities. In response, hospital-owned MRI facilities cut their prices.
Leases/leasing contracts
-Aim Solutions leased 25,600 square feet at 7941-7997 Allison Ave. The tenant was represented by Brian Dell of Cushman & Wakefield/Summit. The landlord, ProLogis, was represented by Jason Speckman of Cushman & Wakefield/Summit.
-Artisanz Fabrication & Machine Co. leased an additional 13,200 square feet of industrial space at 2198 Reeves Road, Plainfield. The landlord, Damon and Patricia Jones, was represented by Patrick Lindley and Grant Lindley of Cassidy Turley. The tenant represented itself.
-Exact Target leased 5,957 square feet of retail space at 433 N. Capitol Ave. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, OneAmerica Financial Partners, was represented by Jacque Haynes and Don Williams of Cassidy Turley.
-Dottie Couture Shipping leased 5,311 square feet at 1729 S. U.S. 31, Greenwood. The tenant was represented by Kyle Powell of NAI Meridian. The landlord, 1729 South US 31 LLC, was represented by Brian Dell of Cushman & Wakefield/Summit.
-Sipes Asphalt Solutions leased 4,800 square feet of industrial space at 1316 N. Capitol Ave. The landlord, LLR Realty LLC, was represented by Brian Dell of Cushman & Wakefield/Summit. The tenant represented itself.
-Three Chefs Corp. dba Dickey's BBQ leased 2,358 square feet of retail space at Fortune Plaza, 9655 E. U.S. 36, Avon. The tenant was represented by Bill Marsh of Colliers International. The landlord, Fortune Plaza Enterprise B LLC, was represented by Greg Smith of Colliers International.
-Creative Touch Interiors Inc. leased 2,347 square feet of industrial space at 9855 Crosspoint Blvd. The tenant was represented by Mark Writt of CBRE. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-Dr. Bryant Ponchot leased 1,686 square feet of retail space at 8802 S. Madison Ave. The landlord, Conrad Morris & Associates LLC, was represented by Greg Smith and Nate Smith of Colliers International. The tenant represented itself.
-Hammel Insurance Agency leased 1,600 square feet of retail space at 12656 E. 116th St., Fishers. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The landlord, Brooks School Plaza LLC, was represented by Greg Smith of Colliers International.
-Jimmy John’s leased 1,535 square feet of retail space at 9893 N. Michigan Road, Carmel. The landlord, CASTO, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Staff America Inc. leased 1,446 square feet of office space at 8465 Keystone Crossing. The tenant was represented by Kimberly Estes Hartman and Tom Osborne of Colliers International. The landlord, 8465 Associates LLC, was represented by Bill Montrie of Corporate Park Development Inc.
-Sweeties GT LLC leased 1,320 square feet of retail space at 2101 E. 62nd St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, McKee Realty Corp., was represented by Bill French of Cassidy Turley.
-Hair Passion leased 756 square feet of retail space at 8802 S. Madison Ave. The landlord, Conrad Morris & Associates LLC, was represented by Greg Smith and Nate Smith of Colliers International. The tenant represented itself.
Sales/acquisitions
-Andover North Developer LLC bought 52 acres at 18600 Shadynook Road. The seller, Westfield Lutheran Mission LLC, was represented by Michael P. Sloan of The Broadbent Co. The buyer represented itself.
-Daredevil Brewing Co. bought 1.6 acres at 1147 N. Main St., Speedway. The buyer was represented by John Byrne of Radar Commercial Real Estate. The seller, the Town of Speedway Department of Redevelopment, was represented by Michael Weishaar and Bill Flanary of Cassidy Turley.
-An affiliate of Barrat Asset Management bought the 60-unit Park Place at Fox Hill apartments at 1349 Saddlebrook Court. The buyer and seller, Fox Hill Apartments LLC, were represented by Michael H. Wernke of Colliers International.