Residential
The average rate for 30-year mortgages fell from 4.69 percent to 4.64 percent in the week ended Jan. 8, according to Bankrate.com. The rate for 15-year mortgages fell from 3.73 percent to 3.69 percent.
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Leases/leasing contracts
-JD Byrider renewed and expanded its lease to 61,326 square feet at Hamilton Crossing I, 12722-12802 Hamilton Crossing, Carmel. The tenant was represented by Brian Askins of Summit Realty Group. The landlord, Duke Realty Corp., was represented by Duke's Traci Kapsalis.
-First Databank renewed its lease for 27,345 square feet in Four Parkwood, 500 E. 96th St. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, Duke Realty Corp., was represented by Duke's Traci Kapsalis.
-Cohen Garelick & Glazier Professional Corp. leased 12,268 square feet at 8888 Keystone Crossing. The tenant was represented by Tim Hull of CBRE. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Community Health Networks Physical Therapy and Rehabilitation renewed its lease for 9,200 square feet at Hillsdale Business Park, Hillsdale Court and North Shadeland Avenue. The tenant was represented by Rob Lukemeyer of Baseline Commercial Real Estate. The landlord, Hillsdale Property Owner LLC, was represented by Brian Buschuk, Kevin Gillihan and Jack Hogan of Jones Lang LaSalle.
-Messer Construction renewed its lease for 7,608 square feet at 6964 Hillsdale Court in the Hillsdale Business Park. The landlord, Hillsdale Property Owner LLC, was represented by Brian Buschuk, Kevin Gillihan and Jack Hogan of Jones Lang LaSalle. The tenant represented itself.
-Community Health Networks' Northeast Family Physicians renewed its lease for 7,038 square feet at 6910 Hillsdale Court in the Hillsdale Business Park. The tenant was represented by Rob Lukemeyer of Baseline Commercial Real Estate. The landlord, Hillsdale Property Owner LLC, was represented by Brian Buschuk, Kevin Gillihan and Jack Hogan of Jones Lang LaSalle.
-Cornerstone Associates renewed two leases totaling 8,892 square feet at 6967 Hillsdale Court in the Hillsdale Business Park. The landlord, Hillsdale Property Owner LLC, was represented by Brian Buschuk, Kevin Gillihan and Jack Hogan of Jones Lang LaSalle. The tenant represented itself.
-Independent Colleges of Indiana Inc. leased 4,712 square feet of office space at 30 S. Meridian St. The tenant was represented by Timothy Norton of Summit Realty Group. The landlord, Kite Realty Group, was represented by Mike Semler and John Crisp of Cassidy Turley.
-Moisture Management Services Co. LLC leased 4,080 square feet of industrial space at 9855 Crosspoint Blvd. The tenant was represented by Paul Dick and Kevin Dick of Colliers International. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-The Dermatology Center of Indiana leased 3,200 square feet of retail space at 6705 S. State Road 334, Zionsville. The tenant was represented by Jim Mount of Hokanson Companies. The landlord, Duke Realty Corp., was represented by Jacque Haynes and John Byrne of Cassidy Turley.
-Reach For Youth Inc. leased 2,034 square feet at 435 E. Main St., Greenwood. The tenant was represented by Yumi Goodman of Colliers International. The landlord, Randy Faulkner & Associates Inc., was represented by Bruce Richardson of My Agent Real Estate Services.
-Insphere Insurance Solutions leased 1,698 square feet of office space at 3500 DePauw Blvd. The landlord, Sterling American Property, was represented by Dave Moore, Bennett Williams and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-RPM Machinery LLC leased 1,413 square feet of office space at 8910 Purdue Road. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, Zeller Realty Group, represented itself.
Sales/acquisitions
-Lauth Communities/Lauth Group Inc. bought the 208-unit Bluestone Apartments at 50 N. Blue Road, Greenfield. The buyer and seller, Paragus, were represented by Tikijian Associates.
-NKR Enterprises bought a 48,620-square-foot industrial property at 365 S. Post Road. The buyer was represented by Michael Weishaar of Cassidy Turley. The seller, Medallion Metals LLC, was represented by Fritz Kauffman of Cassidy Turley.
-KLC Realty LLC bought a 7,000-square-foot retail building at 9310 N. Michigan Road. The buyer was represented by Greg Smith of Colliers International. The seller, GABC Holdings Inc., was represented by Nate Smith of Colliers International.
People
Dr. Safi Shahda has joined Eskenazi Health in the medical oncology outpatient clinic. He received his medical degree from Damascus University, Damascus, Syria.
Dr. Kristin Hoffmann has joined Eskenazi Health in the dermatology clinic. She earned a bachelor’s degree in neuroscience from Wellesley College and a medical degree from the Yale University School of Medicine.
Dr. Rachel Carr, an OBGYN physician, has joined Community Physician Network in Indianapolis. She earned her medical degree at the Indiana University School of Medicine.
Dr. Ryan Grimm, a pediatrician, has joined Community Physician Network in Greenwood. He completed his medical degree at the IU School of Medicine.
Key ExactTarget exec steps down
Tim Kopp, who was responsible for ExactTarget’s global marketing efforts during some of its most explosive growth, says he plans to take it easy and dabble in startups and not-for-profits.
Looks like both sides are wrong about Medicaid
New research shows that expanding Medicaid won’t save money, in spite of the claims of Obamacare supporters, but it will provide modest help to patients’ health and pocketbooks, in spite of conservative critics’ contention to the contrary.
Notre Dame mulling new apparel deal
As its current deal with Adidas expires, the university is poised to sign an apparel deal with Under Armour valued at $8 million to $10 million annually.
Man charged with trying to send Iran fighter-jet documents
Mozaffar Khazaee, a native of Iran who became a naturalized U.S. citizen in 1991 and recently moved to Indianapolis, was arrested before he was able to board a connecting flight to Frankfurt.
Lilly reacquires migraine medicine after encouraging results
Positive results from a Phase 2 trial in patients convinced Lilly to reacquire an experimental migraine medicine. Lilly recorded a charge of $57 million to reflect the purchase price and the costs of further development.
Indiana gold dealers operate under new rules
Indiana "cash for gold" dealers now must register with the secretary of state and local police as part of a new state law designed to help authorities track stolen jewelry.
You-review-it Monday: Emerging from the snow
Did you get to see “Tribes” at the Phoenix? DK doing Gershwin? What A&E did you find when you emerged from your snow fort?
Indiana considers amendment that could shield industrial farms
The bill’s sponsors say it’s a way to keep non-farmers, including national animal rights groups, from meddling in the state’s rural interests.
Records: Solicitors keep bulk of money raised
Solicitors working for not-for-profit groups representing public safety agencies are raking in profits while the charities they represent receive only a pittance of what’s raised, state records show.
Southern Indiana school district lowers graduation standard
A southern Indiana school system has reduced the number of credits required for a high school diploma for students this year, saying its higher standard put it at a disadvantage with neighboring districts.
Senate rolls out central Indiana mass-transit bill
dvocates for expanded mass transit in central Indiana will focus on a Senate bill that gives counties a way to generate more tax dollars to pay for better buses and more routes.
3,400 people being added to Healthy Indiana Plan
Family and Social Services Administration Secretary Debra Minott announced Friday the state had culled through an extensive waiting list and accepted the new applicants for coverage.
Zionsville still must finalize deal for Hat World’s HQ
The deal to move the retailer’s corporate center from Marion to Boone counties dates back to May, when town officials closed on a $3 million land deal that they hoped would attract new development.
Berry Plastics to spend $31M on expansion, hire 336 workers
The Evansville-based manufacturing giant intends to consolidate some operations from out of state into existing Indiana facilities.
Two of three Pyramids buildings to open following main break
Water issues have caused numerous problems for businesses around the city in the wake of this week's winter storm.
Hurco sees drop in sales, profit in latest quarter
Sales dropped 4 percent in Europe, the company’s biggest market, to $32.3 million. North America sales fell 6 percent, to $16.7 million.