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–Matt Broderick has joined the office division of Lee & Associates in Indianapolis as a senior advisor.
–Teresa Clements has joined the office division of Lee & Associates in Indianapolis as an advisor.
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Leases/leasing contracts
-RoomPlace leased 34,000 square feet at 8401 N. Michigan Road. The landlord, Gama Properties LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant was represented by Fred Feinblum of Julius M. Feinblum Real Estate Inc.
-Jane Pauley Community Health Center Inc. leased 7,763 square feet of office space at 5317 E. 16th St. The tenant was represented by Dan Laser of Re/Max Centerstone. The landlord, Con Med Ten, was represented by Bob Lindgren of Lee & Associates.
-American Mattress renewed its lease for 6,400 square feet of office space at 7565 US 31 South. The landlord, Nationwide Insurance, was represented by Bill French of Cassidy Turley. The tenant represented itself.
-Stonegate Mortgage Corp. leased 3,750 square feet of retail space in Raceway Commons, 55 S. Raceway Road. The tenant was represented by Nicholas Svarckopf of CBRE. The landlord, Raceway Commons Baceline LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-BSN Sports Inc. leased 3,673 square feet of industrial space at 6828 Hillsdale Court. The tenant was represented by Patrick Lindley and Grant Lindley of Cassidy Turley. The landlord, Hillsdale Property Co. LLC, was represented by Kevin Gillihan of Jones Lang LaSalle.
-5i Solutions Inc. leased 3,316 square feet of office space in Carson Square, 3205 E. Thompson Road. The tenant and landlord, Bluebird Ventures LLC, were represented by Cathy Richards of Lee & Associates.
-Simply Skin leased 3,093 square feet of office space at 9769-9879 E. 116th St., Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-Sun Spot Tanning leased 2,400 square feet at Brownsburg Square Shopping Center, 959 N. Green St., Brownsburg. The tenant and landlord, Brownsburg Management Group LTD, were represented by Jeff Hubley of Midland Atlantic Properties.
-H&R Block leased 2,400 square feet in Brownsburg Square Shopping Center, 967 N. Green St. Brownsburg. The tenant and landlord, Brownsburg Management Group LTD, were represented by Jeff Hubley of Midland Atlantic Properties.
-Fit Now Enterprises LLC leased 2,250 square feet in Fishers Trade Flex Center at 14060 Britton Park, Fishers. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Mann Properties, was represented by Debbie Mann.
-Orange Leaf Frozen Yogurt leased 1,807 square feet at 11722 Allisonville Road, Fishers. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Freeland Realty LLC, represented itself.
-Chrome Fitness leased 1,800 square feet at 116th Street Centre, 890 E 116th St., Carmel. The tenant was represented by Jess Lawhead of Sperry Van Ness. The landlord, TCP Guilford LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Avon Health Associates LLC leased 1,600 square feet at 9245 N. Meridian St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Echo Associates, was represented by Ashley Bussell of Newmark Knight Frank Halakar.
-Caplinger’s Fresh Catch fish market leased 1,600 square feet at Shadeland Place Shopping Center, 7460 N. Shadeland Ave. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, MAP Shadeland LLC, was represented by Jeff Hubley of Midland Atlantic Properties.
Sales/acquisitions
-Term Security Corp. bought the Arrowwoods and Inverness apartment communities, totaling 373 units, at 7135 Warrior Trail and 5890 Sebring Drive. The seller, Blue Valley Apartments, was represented by Tikijian Associates. The buyer represented itself.
-Chin United Apostolic Church bought two buildings totaling 19,000 square feet on 5.6 acres at 420 Lifegate Way, Beech Grove. The buyer was represented by Phil Hawkins of Indiana Real Estate Group LLC. The seller, Lifegate Ministries, was represented by Bud Green and Julia Berberich of Re/Max Centerstone Commercial Division.
-Phamily Real Estate Group LLC bought an 18,096-square-foot building at 695 Pro Med Lane, Carmel. The buyer and seller, TLR-VI LLC, were represented by Sharon Thompson of KW Commercial Indiana/Keller Williams Indianapolis Metro North.
-Horizon CPA Property Group LLC bought a 10,121-square-foot office building at 9745 Randall Drive. The buyer was represented by Pete Anderson of BI Realty Services. The seller, VCA Animal Hospitals, was represented by Paul Dick and Kevin Dick of Colliers International.
-Reagan Crossing LLC bought 12 acres of land at Ronald Reagan Parkway and Plainfield Road, Plainfield. The buyer was represented by Bud Green and Julia Berberich of Re/Max Centerstone. The seller, Six Points Road Developers LLC, was represented by Jason Speckman and Andrew Morris of Summit Realty.
-Eden Court Capital bought approximately 4.5 acres of land at 2600 E. Main St., Plainfield. The buyer was represented by Tom English and Ryan Conrad of English Commercial Real Estate. The sellers, Trent Electric and SBR Properties LLC, were represented by Bud Green and Julia Berberich of Re/Max Centerstone.
Panther sues IndyCar, Rahal Letterman over sponsor deal
Indianapolis-based Panther Racing Inc.’s lawsuit against Rahal Letterman Lanigan Racing, IndyCar and others says it lost a $17.2 million sponsorship because of bid-rigging and other improprieties.
Hospital layoffs hardly dented employment growth
Even though the state’s three largest hospital systems–IU Health, St. Vincent Health and Franciscan Alliance–eliminated a combined 2,700 jobs, it created just a blip in the long-term run-up in hospital employment.
Bus-ad amendment aims to help schools boost revenue
The Indiana Senate unanimously OK’d a bill last week that could help school districts keep their buses on the road, adding an amendment that would let Zionsville Community Schools and others test the idea of selling ads on buses.
Cummins recalling 25,013 engines over possible fire risk
The engines can be found in a variety of commercial vehicles including school and transit buses as well as fire trucks.
You-review-it Monday: Oscars, Shakespeare and more
Did you make it to the end of the Academy Awards? Inspired to see any movie you missed?
Police, FBI investigate Elwood mayor’s campaign spending
The treasurer of Elwood Mayor Ron Arnold’s campaign committee said he’s been questioned by state and federal officers about Arnold’s expenditures for out-of-state travel and personal bills.
Craft brewery on tap for Speedway’s Main Street
Daredevil Brewing Co. in Shelbyville plans to construct a 10,000-square-foot production facility and tap room on a lot that it purchased on Main Street in Speedway.
Legislation would allow ads on public school buses
The bill, approved by the Indiana Senate 49-0, would allow advertising on school buses in two Indianapolis neighborhoods and a school district just north of the city.
Campaign money offer exposed in Indiana gay marriage fight
A former state Republican Party chairman’s pledge to provide campaign cash to protect House members who were considering voting against a constitutional gay marriage ban offers a rare look at the private power game that plays out at the Statehouse.
Indiana mall’s ‘hoodie’ signs offend some patrons
The signs at the entrances of the Mounds Mall in Anderson state that, "For the safety & well-being of everyone, please lower your hoodie.”
Indiana one of many states aiming to limit tanning
Lawmakers' efforts to crack down on the use of Indiana tanning beds this year are part of a national push to limit young people's exposure to risks that include skin cancer.
Council hopes historic value nixes IU land swap
Bloomington leaders would like a proposed new historic designation to persuade Indiana University to think twice about a land-swap plan that could include razing six houses to make way for a new fraternity building.
Kentucky’s largest health system makes major jobs cut
Hospital company KentuckyOne Health, which employs more than 14,000 people in Kentucky and southern Indiana, says it has laid off about 500 people.
A strong February wipes out market’s January loss
The Standard & Poor's 500 index rose 4.3 percent in February, the biggest gain since October 2013, helped by strong corporate earnings and a Federal Reserve that seems to have Wall Street's back at every turn.
Steak n Shake owner acquires Maxim magazine
Terms of the deal with Biglari Holdings Inc. were not released. The company, headed by CEO Sardar Biglari, says Maxim will continue under its current management team and stay based in New York.
NCAA, ex-college players ordered to hold settlement talks
The National Collegiate Athletic Association and ex-college athletes have been ordered to hold settlement talks in an $800 million lawsuit claiming the Indianapolis-based NCAA illegally blocks student players from profiting from the use of their images.
Government report: Too few pilots or too little pay?
The nation's regional airlines are having trouble hiring enough pilots, the government says, suggesting one reason may be that they simply don’t pay enough. The average starting salary for co-pilots at regional airlines is $22,400 a year.