Third-quarter commercial real estate statistics for Indianapolis
Here is a statistical snapshot of Indianapolis' multi-tenant vacancy rates and the local market.
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SUV rams construction business
A driver suffered minor injuries after crashing an SUV into a business on the near-north side Wednesday morning. The SUV plowed into the front of the American Construction Co. building at 55 E. 22nd St. about 10:50 a.m. Another vehicle involved in the incident crashed into a pole at 22nd and Pennsylvania streets. The driver wasn’t injured.
Six escape house fire
Six people were able to escape without injury Tuesday before a fire destroyed their east-side home. The fire broke out just after 6 p.m. in the basement of the two-story house in the 400 block of Trowbridge Street, near Southeastern and South Keystone avenues. The fire caused an estimated $80,000 in damages.
Suspects caught in fatal shooting
Indianapolis police captured two suspects and are seeking a third after the fatal shooting of a 19-year-old woman Tuesday night. Tyana Ferrell, 19, of Noblesville was killed about 10:15 at the Falcon Creek Apartment complex, near West 43rd Street and Moller Road. Shaquille Searcy, 19, was shot in the leg during the incident. Police pursued a vehicle containing three suspects for seven miles before it crashed into a fence. Two of the three suspects were apprehended after they fled the vehicle on foot.
Former Colt Saturday seeks ‘jock tax’ refund from Cleveland
Jeff Saturday has filed suit against the city of Cleveland, fighting a so-called “jock tax” that he contends unfairly dinged him during his playing days as an Indianapolis Colt.
Indiana AFL-CIO ousts leader from right-to-work fight
The Indiana State AFL-CIO has elected a new president, replacing the labor union's leader who directed its unsuccessful campaign to block passage of the state's right-to-work law.
Midwestern law firms less likely to call one city home
Several firms with a big presence in Indianapolis are among the Midwestern practices now deciding not to specify a home office. Local autonomy and decentralized management are major trends, which can help with recruiting.
Ritz, school board members meeting with mediator
Superintendent of Public Instruction Glenda Ritz and Gov. Mike Pence agreed last week to bring in the national group after disagreements escalated.
Lilly invests in NY life sciences venture capital initiative
Indianapolis-based Eli Lilly and Co. has joined two other companies to contribute $40 million to an early-stage life sciences venture capital initiative in New York City.
Cyber Monday still growing despite earlier online sales
Shoppers bought online at the heaviest rate ever Monday, according to research firm comScore Inc. The strong performance was in contrast to Black Friday weekend spending, which fell an estimated 2.9 percent.
No city subsidy needed for Indians’ profitability
Despite an ever-changing sports landscape, the Indianapolis Indians have been in the black every single year dating back to 1975. This year, the Tribe saw near record attendance and scored another seven-figure profit.
Republic Airways completes sale of Frontier unit to Indigo
Republic said selling Frontier for $36 million plus assumed debt will let it refocus on running feeder airlines for major carriers such as Delta and United.
Lawson lauds $14M union insurance plan settlement
The agreement would end a four-year legal battle with Indiana's largest teachers union. But the Indiana State Teachers Association accused a Republican official of playing politics as she heads into an election year.
Mayors speak out against amendment on gay marriage
The mayors of Indianapolis, Fort Wayne, Evansville, South Bend and Hammond were among those expressing opposition.
U.S. opening first quick-screening enrollment site at Indy airport
Indianapolis International Airport will have the first enrollment site for an expedited screening program that allows airline passengers to leave on their shoes, light outerwear and belts, and keep laptop computers in cases at security checkpoints.
Lilly called likely suitor for Novartis veterinary unit
Novartis AG’s animal-health business is drawing interest from drugmakers including Indianapolis-based Eli Lilly and Co. and Merck & Co. as the Swiss pharmaceutical giant prepares to sell the unit, people with knowledge of the matter said.
Key Indiana panel OKs proposed Illiana Expressway
The transportation policy committee of the Northwestern Indiana Regional Planning Commission voted 18-8 with one abstention Tuesday to add the proposed $1.3 billion, 47-mile toll road to its master plan.
IBJ Movie Night: The Coen Bros.’ ‘Inside Llewyn Davis’
Win passes to see the quirky comedy/drama (with music) from the makers of “Fargo” and “No Country for Old Men.”
Judge dismisses one Spierer suit
A federal judge Monday dismissed the case against one defendant named in a lawsuit filed by the parents of missing Indiana University student Lauren Spierer. Her parents filed the suit against Michael Beth, Jason Rosenbaum and Corey Rossman. The case against Beth was been dismissed, while Judge Tonya Walton Pratt will consider dismissal motions for Rosenbaum and Rossman by the end of the year. Spierer’s parents claim the men didn’t do enough to make sure their daughter got home safely after a night of drinking in June 2011, after which she disappeared.
Mother charged in toddler’s death
An Indianapolis mother was responsible for the death of her 2-year-old daughter, police said Tuesday. Brittney Massey, 23, was charged with murder, battery resulting in death and neglect of a dependent resulting in death. Massey was taken into custody Nov. 29, two days after her daughter died at Riley Hospital for Children.