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Leases/leasing contracts
-Piper Warehouse Inc. leased 196,838 square feet at 2222 Hillside Ave. The tenant was represented by Bryan Augustin and Drew Augustin of Alliance Commercial Group. The landlord, Hillside Investors LLC, was represented by Matt Kiger of Newmark Knight Frank Halakar.
-PRN Pharmaceutical Services renewed its lease for 39,795 square feet of office and light manufacturing space at 8351 Rockville Road. The tenant was represented by John Robinson of Jones Lang LaSalle. The landlord, NOVA 220 LLC, was represented by Jon Owens of Cassidy Turley.
-Caliber Funding LLC leased 10,158 square feet of office space at 10022 Lantern Road, Fishers. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, Indiana Records Management, was represented by Dave Moore, Darrin Boyd and John Crisp of Cassidy Turley.
-Safety Management Group leased 6,560 square feet at 8335 Keystone Crossing. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The tenant, Safety Management Group, was represented by Matt McGrady and Matthew Waggoner of Summit Realty Group.
-Integrity Staffing Solution Inc. leased 5,504 square feet of industrial space at 6000 6488 Corporate Way. The tenant was represented by Kevin Dick of Colliers International. The landlord, GI Partners, was represented by Bryan Poynter and Russell Van Til of Cassidy Turley.
-Pint Room leased 5,162 square feet of retail space at Sophia Square, 110 W. Main St., Carmel. The tenant was represented by Robyn Smart of Echo Retail. The landlord, Carmel Lofts LLC, was represented by Bart Jackson and Scot Courtney of Lee & Associates.
-The Hydaker-Wheatlake Company leased 4,200 square feet and 2.75 acres at 1333 Terminal Road. The tenant and landlord, Carlotta Newman, were represented by Brian Dell of Summit Realty Group.
-Living With Intention Inc. leased a 4,045-square-foot office building at 11979 Fishers Crossing Drive, Fishers. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Riverview Hospital, was represented by Tyson Chastain of Cornerstone Cos.
-Hoffmaster Group Inc. leased 3,134 square feet of office space at 6602 E. 75th St. The tenant was represented by Matthew Waggoner of Summit Realty Group. The landlord, Entry Point Capital LLC, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.
-First Watch leased 3,036 square feet of retail space at 2902 W. 86th St. The tenant was represented by Don Williams of Cassidy Turley. The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate.
-MedEx Inc. leased 2,750 square feet at 5644 S. Meridian St. The landlord, South Meridian Park LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-Takenaka Corp. (U.S.A.) renewed its leased for 2,670 square feet at 56 South Park Blvd., Greenwood. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-Conveyor LLC renewed its lease for 2,400 square feet at 1729 S. US 31, Greenwood. The landlord, First Financial Collateral Inc., was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-P. Brown & Co LLC leased 2,184 square feet of office space at 301 E. Carmel Drive, Carmel. The tenant was represented by Creighton Shook of Coldwell Banker Commercial Realty Services. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International.
-World Finance leased 1,750 square feet of retail space in Parkview Plaza, 1616 N. Lebanon St, Lebanon. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Larry Nash, represented himself.
-Eagle Finance Co. leased 1,705 square feet at Yates Center, 1960 E. Stop 13 Road. The landlord, Yates Real Estate LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-GNC renewed its lease for 1,614 square feet of retail space at 540 630 W. Northfield Drive, Brownsburg. The landlord, ATC Realty One LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Any Lab Test Now leased 1,200 square feet of retail space at 7818 E. 96th St., Fishers. The tenant was represented by Greg Smith of Colliers International. The landlord, NNE Associates LLC, was represented by Robyn Smart of Echo Retail.
-Buckingham Cos. leased 2.4 acres of land at 410 420 S. Main St., Zionsville. The landlord, EBO LLC, was represented by Bo Leffel of Cassidy Turley. The tenant represented itself.
RACE: Region should plan for 500,000 new neighbors
Expected population growth will work for us if we prepare and against us if we don’t.
Sales/acquisitions
-Blackstone Apartment Partners bought a 12-unit apartment building at 611 N. Meridian St., Greenwood. The buyer was represented by Scott Herider of Lee & Associates. The seller, Reverie Estates, represented itself.
-Camden & Meridew PC bought a 7,706-square-foot office condominium at 10412 Allisonville Road, Fishers. The seller, KLC Realty LLC, was represented by Greg Smith and Paul Dick of Colliers International. The buyer represented itself.
-Faeza Alloyers USA bought 11 acres at 1200 Enterprise Drive, Shelbyville. The seller, Airpark Development LLC, was represented by Brian Dell and John Demaree of Summit Realty Group. The buyer represented itself.
Meridian Plaza’s new owner plans updates
Zeller Realty Group plans to invest $4 million to update a trio of high-profile but underused office buildings along Carmel’s North Meridian Street corridor after acquiring the properties in late November. “The previous owner just ran out of money,” said Mark Vollbrecht, a senior vice president who manages Indianapolis operations for the Chicago-based real estate […]
Spinoff of Allegion nets Carmel a publicly traded giant
Carmel has gained a publicly traded company large enough to knock retail legend J.C. Penney off the Standard & Poor’s 500 Index.
Fountain Square project would need city subsidy
Three proposals to develop a city-owned parking lot come with the caveat that they’ll likely need city assistance ranging from “very little” to “a lot.”
Mayor pushing plan to use city funds to upgrade Natatorium
Mayor Greg Ballard is proposing to pay about half of the $20 million needed to upgrade the Natatorium at IUPUI. The city's Capital Improvement Board is also considering setting aside tax revenue for operation expenses.
Survey: Indiana drivers unprepared
The Indiana Department of Homeland Security says a survey it conducted of Indiana residents showed about 75 percent did not have preparedness kits in their vehicles. The department said drivers should have extra clothing, including boots, hats and gloves, at least two blankets or a sleeping bag, and a flashlight and batteries. It also recommends jumper cables, emergency flares, a shovel, bottled water and non-perishable foods, as well as first-aid kit.
Camp commander promoted
Col. Ivan Denton, the commander of the Indiana National Guard's Camp Atterbury, is being promoted to a national position in Washington, D.C. He will become brigadier general and joint director of personnel for the National Guard Bureau starting Jan. 1. Denton has been commander of the Indiana Guard's training base near Edinburgh for the past two years. Col. Richard Shatto of Columbus will replace Denton.
Noblesville grocery robbed
Noblesville police took two men into custody for questioning Tuesday evening after an armed robbery at Rancho Alegre Mexican Grocery in the 700 block of South 10th Street. Police didn't arrest the men for the robbery, but charged one of them with a parole violation. An undisclosed amount of money was taken in the robbery.
St. Elmo to host major shrimp-cocktail eating competition
St. Elmo Steak House will welcome the world’s top competitive eaters, including Joey Chestnut, to the contest, which will be part of the Georgia Street festivities prior to the Big Ten football championship game at Lucas Oil Stadium.
Private toll road investors shift financial risk to taxpayers
Companies that build private toll roads are pressing states, including Indiana, to assume more financial risk of traffic not meeting expectations, a change that benefits the operators while threatening to increase taxpayer costs.
Carmel complex’s new owner plans major upgrade
Zeller Realty Group has acquired the 300,000-square-foot Meridian Plaza right on Carmel’s front door step, and is gearing up for a $4 million revamp.
Places I’d Never Been: Indy Hostel concert with Grimm, Marcy and Styka
Imagine you have incredibly talented musician friends. Now imagine them in your living room.
Democrats now run biggest cities, except Indianapolis
When Democrat Bill de Blasio takes office in New York City on Jan. 1, Indianapolis will become the most populous U.S. city run by a Republican mayor.
Pacers owner says ‘We have a lot of work to do’
While Herb Simon is pleased with the team's hot start, he emphasized that more must be done to improve attendance at Bankers Life Fieldhouse.
Holiday sales could ride on lower gasoline prices
Many retail analysts have forecast a ho-hum sales gain of about 2 percent this year; others predict an increase of up to 3.9 percent. But steadily cheaper gas could send holiday sales shooting above 5.4 percent, analysts say.
Noblesville to join Fishers in ranks of second-class cities
Noblesville Common Council members voted 5-2 Tuesday to elevate the city to second-class status effective Jan. 1, 2016, after the next municipal election.
U.S. home permits rise at 5-year high on apartments
U.S. developers received approval in October to build apartments at the fastest pace in five years, a trend that could boost economic growth in the final three months of the year.