Convenience stores remount challenge to cold-beer laws
Convenience stores in Indiana are appealing a decision from a federal judge in June that continued to prohibit them from selling cold beer.
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Yellen says economy still needs Fed support
Federal Reserve Chair Janet Yellen said Tuesday that the economic recovery is not yet complete and for that reason the Fed intends to keep providing significant support to boost growth and improve labor market conditions.
Ex-HHGregg manager’s lawsuit grows into class-action
The lawsuit now includes 62 current and former HHGregg employees who claim they were denied incentive bonuses totaling about $5 million.
Lilly reaches multiyear agreement to sponsor IMS race
The race, which takes place the day before the annual NASCAR Brickyard 400 race at IMS, will be called the Lilly Diabetes 250.
South Bend council rejects smoking ban for bars
By a 5-4 vote, South Bend failed to join major Indiana cities such as Indianapolis and Fort Wayne that go further than state law to prohibit smoking inside taverns.
Purdue reports big boost in research funding
Purdue University says its researchers obtained $389 million in outside funding in the past year, almost a 22-percent increase from the previous year and just short of a record.
Josh Kaufman among Indy Jazz Fest headliners
The multi-venue fest also will feature funk/soul saxophonist Maceo Parker and SNL trombonist Steve Turre.
Court to hear gay marriage arguments in August
A federal appeals court in Chicago will hear arguments in challenges of gay marriage bans in Wisconsin and Indiana's on Aug. 13.
Maplehurst plans expansion into Lebanon, 219 jobs
Maplehurst, which is based in Brownsburg, said it will renovate and equip a 180,000-square-foot facility in Lebanon that will house the warehouse, distribution and manufacturing operations for its cake and cupcake products.
Rates
The average rate for 30-year mortgages rose from 4.28 percent to 4.31 percent in the week ended July 10, according to Bankrate.com. The rate for 15-year mortgages rose from 3.4 percent to 3.41 percent.
Construction
-Capitol Construction has completed a 60,000-square-foot office expansion for Next Gear Capital at 11799 N. College Ave., Carmel.
-Capitol Construction has completed a 9,000-square-foot retail and office building for LOR Corp. at 1002 Broad Ripple Ave.
-Capitol Construction has completed a 1,600-square-foot health clinic for Midwest ISO at 720 City Center Drive, Carmel.
Leases/leasing contracts
-CloudBlue, an Ingram Micro company, leased 111,296 square feet at 5345 Decatur Blvd. The tenant was represented by Andrea Hopper and Pete Quinn of Cushman & Wakefield/Summit. The landlord, Westcore Properties, was represented by Michael Weishaar of Cassidy Turley.
-Acuren Inspection Inc. renewed its lease for 30,240 square feet of industrial space at 7515 Company Drive. The tenant was represented by J.D. Graves of CBRE. The landlord, Panattoni Development Co., was represented by Luke Wessel and Grant Lindley of Cassidy Turley.
-Fatheadz subleased 24,042 square feet of industrial space at 510-514 W. Merrill St. The subtenant was represented by Paul Kite of Strongbox Commercial. The sublandlord, The Millcraft Paper Co., was represented by Patrick Lindley and Grant Lindley of Cassidy Turley.
-General Parts Inc. leased 8,800 square feet of industrial space at 7752-7796 Moller Road. The tenant was represented by Matt Jackson of Jackson Investment Group. The landlord, CrossLake Partners, was represented by Todd Vannatta and Fritz Kauffman of Cassidy Turley.
-Inka’s Restaurant leased 3,200 square feet of restaurant space in Honey Creek Plaza, 5356 W. 38th St. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Verizon Wireless renewed its lease for 2,750 square feet of space in Cherry Tree Plaza, 9875 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Real Estate Investment Securities Association Inc. leased 2,599 square feet of office space at 10401 N. Meridian St. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Meridian Plaza LLC, was represented by Nick Trimpe of Zeller Realty Group.
-Circle City Pizza renewed its lease for 2,269 square feet of retail space in Esquire Plaza, 8245 Pendleton Pike. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Samerian Foundation and Expo Center leased 2,035 square feet of office space in Auburn Woods Park, 9650 Commerce Drive. The landlord, Sandor Development, was represented by Nick Roth of Sandor. The tenant represented itself.
-Hull & Associates leased 1,523 square feet of office space at 8445 Keystone Crossing. The tenant was represented by Bennett Williams and Andrew Martin of Cassidy Turley. The landlord, Northside Realty Partnership LLP, was represented by Kevin Dick and Paul Dick of Colliers International.
-Pro Nail renewed its lease for 1,500 square feet of retail space in Cherry Tree Plaza, 9717 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-UZOOX leased 1,454 square feet of retail space in Indy Pavilions, 7035 E. 96th St. The tenant was represented by William Wilson of Paragon Realty. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
-Fred Loya Insurance leased 1,254 square feet of space in College Park, 3269 W. 86th St. The tenant was represented by Sharon Thompson of KW Commercial. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
-Tropical Foods N More Inc. leased 1,200 square feet of retail space at Crooked Creek Shoppes, 7940 N Michigan Road. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International. The tenant represented itself.
-Troutman's Barber & Beauty Salon leased 1,037 square feet of retail space at Lafayette Center, 4233 Lafayette Road. The tenant was represented by Lisa Ruscetti of Evolution Development Group LLC. The landlord, Lafayette Center LLC, was represented by Greg Smith and Bill Marsh of Colliers International.
Sales/acquisitions
-Perk Hamilton LLC bought 1.81 acres at 141st Street and Olio Road, Noblesville. The buyer was represented by Bill French of Cassidy Turley. The seller, Interstate Co., was represented by Keith Fried of Sitehawk Retail Real Estate.
-Pulte Homes bought 32.84 acres at county roads 650 East and 500 South, Whitestown. The buyer was represented by Bo Leffel of Cassidy Turley. The sellers, Harrison and Jack Eiteljorg, represented themselves.
Herff Jones to close division with 110 local workers
Indianapolis-based Herff Jones said the move would result in the permanent closure of a facility at 4719 W. 62nd St., where 110 production, support and administrative employees work.
Seventy-lot subdivision slated for Fort Harrison property
The proposed Residences of Lawrence at Fort Ben subdivision would be the first single-family project on the former army base since it closed in 1995.
Councilors to IPL: Eliminate coal in county by 2020
Two City-County Council members want Indianapolis Power & Light Co. to stop burning coal in Marion County by 2020 and shift more attention to renewable energy.
UPDATE: Indiana surplus tops $2B after spending cuts
The cash reserves for Indiana's state government grew to more than $2 billion after spending cuts by most state agencies and a reduction in state funding for higher education.
Regenstrief taps Deloitte to pick up more health care industry clients
With federal health research funding in decline, Indianapolis-based Regenstrief Institute Inc. wants to make up the difference by serving pharmaceutical companies, medical device makers, health insurers and hospital systems.
Indy patients love their doctors
Indianapolis ranked fifth highest among the nation’s largest cities for the most positive reviews of physicians. On a five-point Patient Happiness Index, the average review by patients scored Indianapolis physicians at a 4.05. San Francisco physicians topped the list.
People
Indianapolis-based Healthx, which provides IT services to health insurers and employers, named Kathy Kinder chief financial officer. She was CFO for software firm Consona Corp., formerly called Made2Manage and now called Aptean. Kinder holds a bachelor’s degree in business with a concentration in accounting from Indiana University.
Dr. Wendy Schulte, a pediatrician, has joined St. Vincent Medical Group in Zionsville. Schulte earned a bachelor’s degree from the University of Wyoming, Laramie, and a medical degree from Indiana University School of Medicine in Indianapolis.