Indiana State Fair announces Free Stage concerts
The Indiana State Fair says its Free Stage during this summer's fair will include performances by several rising country performers and some well-known Grammy-nominated Canadian rockers.
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Children’s Museum names IU scientist to new role
An Indiana University scientist who's helping investigate the possible wreckage of the famed Santa Maria has been named the Children's Museum of Indianapolis' new underwater archaeologist-in-residence.
Indy’s Super Bowl bid posse ready to roll out secret speaker
The bidding for the Super Bowl has become so hyper competitive, cities have become super secretive about their bids. Indianapolis officials on Monday are promising to unveil one of their secret weapons in the city's bid to win the 2018 game.
Aging suburbs facing long road back
Poverty is encroaching on the outer townships of Marion County, adding to their handicap in the competition with doughnut counties, where houses are newer, and sidewalks, sewer connections and bike paths come standard.
BMO Harris shaking up rules of game for car loans
BMO Harris Bank’s dealer compensation change—to a flat-fee based on a vehicle’s purchase price—brings to light how consumers have for years unknowingly footed a payment to dealers through higher interest rates on their car loans.
Angie’s List namesake extends company brand with nationwide how-to segments
Chief Marketing Officer Angie Hicks-Bowman spends an hour and a half each month recording consumer-advice segments hat are downloaded by more than 100 television stations around the country and incorporated into their own consumer news segments.
Lilly’s latest sales strategy: the soft sell
Eli Lilly and Co. thinks it has a secret weapon to return to growth. No, it’s not a new blockbuster drug—although Lilly will most likely have several new products hit the market this year and next. Rather, it’s an unorthodox, softer approach put into play by its U.S. sales force.
Strapped schools are wheeling and dealing with municipalities
State-mandated tax caps are putting additional pressure on public budgets—and spurring local governments to take unusual steps to help their cash-strapped schools.
1960s-era city zoning code gets overhaul
City planners hope a proposed overhaul of the Indianapolis zoning code that’s just a few weeks from its public unveiling will make the city greener and more bike- and pedestrian-friendly while easing the path to high-density, mixed-use development.
Skarbeck: Understand accounting–or pay the consequences
Throughout history, good accounting practices have promoted trust in government and capitalist systems, while inadequate accounting has led to financial chaos and even revolutions.
Hicks: Hoosiers voting to pay for better public services
I have long argued that Hoosier taxpayers are willing to spend more in places where they can see results. The results of the recent election suggest I am right about that.
Construction
-Mattingly Construction has completed a 1,000-square-foot build-out La Mulita Mexican Cantina at 5212 N. College Ave.
-Mattingly Construction has completed a 1,900-square-foot office expansion for Hazel Dell Veterinary Hospital at 13190 Hazel Dell Parkway, Carmel.
Residential
The average rate for 30-year mortgages fell from 4.37 percent to 4.33 percent in the week ended May 15, according to Bankrate.com. The rate for 15-year mortgages fell from 3.45 percent to 3.42 percent.
Leases/leasing contracts
-Pallet Depot LLC leased 102,272 square feet in Hunter Creek II, 9222-9228 E. 33rd St. The tenant was represented by Matt Kiger of Newmark Knight Frank Halakar. The landlord, Duke Realty, was represented by Duke's Jay Archer.
-Octapharma Plasma Inc. leased 19,440 square feet of retail space at 8727 E. Washington St. The tenant was represented by David Stafancic of DTZ Americas Inc. The landlord, AAA Holdings Group LLC, was represented by Scot Courtney of Lee & Associates.
-The ADT Corp. leased 12,262 square feet of office space at 11918 Exit Five Parkway, Fishers. The tenant was represented by Tim Craft of CBRE. The landlord, Sunbeam Development Corp., was represented by Paul Dick and Kevin Dick of Colliers International.
-Cardinal Health 414 Inc. renewed and expanded its lease to 10,707 square feet in Georgetown Road Building 3, 7920 Georgetown Road. The tenant was represented by Nick Svarczkopf of CBRE. The landlord, Duke Realty, was represented by Duke's Jay Archer.
-DBC Imaging Inc., doing business as Speed Pro Imaging, leased 3,990 square feet at Park 100 Building 122, 5501-5599 W. 74th St. The tenant was represented by Jeff Shuman of Shuman Realty. The landlord, Duke Realty, was represented by Duke's Jay Archer.
-Miracle Dining, LLC leased 2,832 square feet of retail space at Providence at Old Meridian, 300 Providence Blvd. The tenant was represented by Kurt Meyer of Baseline. The landlord, Buckingham Cos., was represented by Gary Perel of Newmark Knight Frank Halakar and Tiffany Oliver of Buckingham Companies.
-Urban Chalkboard leased 2,529 square feet of retail space at Carmel Marketplace, East Carmel Drive and Keystone Avenue, Carmel. The tenant was represented by Tracey Holtzman of Midland Atlantic. The landlord, Buckingham Companies, was represented by Gary Perel of Newmark Knight Frank Halakar and Tiffany Oliver of Buckingham Companies.
-Jack’s Donuts leased 2,123 square feet of retail space at Carmel Marketplace, East Carmel Drive and Keystone Avenue, Carmel. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Buckingham Companies, was represented by Gary Perel of Newmark Knight Frank Halakar and Tiffany Oliver of Buckingham Companies.
-Globalnet Insurance leased 800 square feet of retail space in Fall Creek Harbour, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
Marathon talks yield good deal for hospitals in Pence’s HIP expansion
Fees on hospitals will generate the lion’s share of the funds for Gov. Mike Pence’s Healthy Indiana Plan expansion. But the benefits hospitals will receive will outweigh those costs.
Sales/acquisitions
-St. Richard's School bought a 7,797-square-foot office property at 3231 N. Meridian St. The buyer was represented by Jon Owens of Cassidy Turley. The seller, Meridian Associates LLP, was represented by Rich Forslund and Amy Burmeister of Cushman & Wakefield/Summit.
-Voiture Nationale/La Societe des Quarante Hommes at Huit Chevaux bought a 5,168-square-foot office property at 250 E. 38th St. Both the buyer and seller, Indiana Opera Society Inc., were represented by Jon Owens of Cassidy Turley.
LOU’S VIEWS: Glick glass exhibition at IMA shimmers with variety
When Dale Chihuly’s work is among the least interesting pieces on display, you know you’ve got a strong glass art show. Such is the case with Indianapolis Museum of Art’s “Masters of Contemporary Glass: Highlights from the Marilyn and Eugene Glick Collection.”
LOPRESTI: Saddest day in May
The fiery crash that killed Dave MacDonald and Eddie Sachs left its mark on Foyt, Rutherford and racing.
MORRIS: Financial success is a bad thing?
Income inequality isn’t a non-issue, but the rhetoric surrounding it discourages meaningful discourse.