HEALY: Envision Broad Ripple promotes change
Apparently, it’s no longer possible to undertake a project in Broad Ripple Village without its being labeled “controversial.”
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–Bill Marsh has joined Colliers International as vice president of retail services.
–Pete Quinn, a founder of Summit Realty Group, has rejoined the firm after eight years with its affiliate, Cushman & Wakefield. Quinn will focus on logistics and corporate facilities services.
–Jeremy Stephenson has joined Milhaus as partner and executive vice president.
Skarbeck: Controversy dogs some public-pension programs
Heated talks are taking place in public-pension boardrooms across the country over issues like risk levels of investments and fees paid to fund managers.
Hicks: News media often misread rotten job numbers
At first blush, 200,000 new jobs noted in the latest jobs report would be welcomed news, as it is almost half the number of jobs we need each month to return labor markets to normalcy by the end of the decade. Alas, the Department of Labor publishes much more detailed data, and in that lurk dark shadows of a still-stagnant economy.
Benner will be missed
Dang! I just read the [Nov. 11] IBJ, as I have done every Monday since forever (always reading Benner’s column first).
Residential
The average rate for 30-year mortgages rose from 4.35 percent to 4.48 percent for the week ended Nov. 13, according to Bankrate.com. The rate for 15-year mortgages rose to 3.49 percent from 3.42 percent the previous week.
KENNEDY: Coats’ religion is no defense
Americans have been using religion to argue for and against laws since the country was founded. Proponents and opponents of slavery both pointed to Bible verses justifying their positions. Opponents of equal rights for women claimed suffrage violated God’s law.
Leases/leasing contracts
-Transpacific Development Co. has hired Michael Weishaar and Luke Wessel of Cassidy Turley to lease a new, 450,000-square-foot warehouse/distribution property at 2450 Stanley Road, Plainfield.
-Fresh Thyme Farmers Market leased 30,000 square feet of retail space at Greenwood Shopping Center, 8750 U.S. 31. The tenant was represented by Jamison Downs and Kyle Hughes of Veritas Realty. The landlord, Greenwood Anchor Redevelopment LLC, was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate.
-Fishers Soccer Club Inc. leased 19,200 square feet of industrial space at 9900 Westpoint Drive. The tenant was represented by Kyle Powell of Ambrose Property Group. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-CVS leased 9,180 square feet of retail space at 135 N. Pennsylvania St. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, True North Management Group, was represented by Jon Owens and Russ Van Til of Cassidy Turley.
-Medxcell leased 6,979 square feet of office space at 7102 7196 Lakeview Parkway. The tenant was represented by Michael Semler of Cassidy Turley. The landlord, Duke Realty Corp., was represented by Duke's Traci Kapsalis.
-Stacked Pickle leased 3,515 square feet in River's Edge, 4705 E. 96th St. The tenant was represented by Brian Epstein of UrbanSpace. The landlord, Broadbent Cos., was represented by Broadbent's John Beuoy.
-Cycle Gear leased 3,100 square feet at Castleton Shoppes, 6024-6066 E. 82nd St. The tenant was represented by Mark Perlstein or Sitehawk Retail Real Estate. The landlord, Broadbent Cos., was represented by Broadbent's Jim Mosher.
-The Sandpiper Restaurant & Pub renewed its lease for 3,100 square feet at Harbourtown Center on Morse Reservoir, Noblesville. The landlord, Harbourtown Center LLC, was represented by J.W. Ernst of Charter Commercial Realty Group LLC. The tenant represented itself.
-Reforming Indy Pilates Studio leased 2,500 square feet of retail space at Fall Creek Harbour, 11250 Brooks School Road, Fishers. The tenant was represented by Brent Benge of Paradigm Real Estate Investments. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson of Lee & Associates.
-Do-Tique leased 1,854 square feet of retail space in Sophia Square, 110 W. Main St., Carmel. The tenant was represented by Jason Challand of Echelon Realty. The landlord, Carmel Lofts LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-Exercise Specialties leased 1,452 square feet of retail space in Sophia Square located, 110 W. Main St., Carmel. The tenant was represented by Gary Perel of Newmark Knight Frank Halakar. The landlord, Carmel Lofts LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-Pietro’s Pizza leased 1,200 square feet of retail space in Nora Shoppes, 1113 E. 86th St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, LOR Corp., was represented by LOR's Suzanne Storer.
-Alexander The Vape leased 992 square feet at Castleton Plaza, 8238-8284 Center Run Drive. The landlord, Broadbent Cos., was represented by Broadbent's Josh Broadbent. The tenant represented itself.
-Bolden Dry Cleaners renewed its lease for 950 square feet at Harbourtown Center on Morse Reservoir, Noblesville. The landlord, Harbourtown Center LLC, was represented by J.W. Ernst of Charter Commercial Realty Group LLC. The tenant represented itself.
Sales/acquisitions
-Mainstreet Property Group LLC bought seven acres of land at 5400 Georgetown Road. The buyer was represented by Jon Owens and Bo Leffel of Cassidy Turley. The seller, 56th & Georgetown Land Trust Co., was represented by Steve Daum of Summit Realty Group.
-Genius LLC bought a 35,357-square-foot retail building at 8150 Oaklandon Road. The seller, C-III, was represented by Jacque Haynes of Cassidy Turley. The buyer represented itself.
-RH of Indiana LP bought 29.04 acres of land at 7614 S. Arlington Ave. The seller, KCS Properties LLC, was represented by Bill Flanary of Cassidy Turley. The buyer represented itself.
-TransCorr LLC bought three acres of land at 4851 W. 96th St. The buyer was represented by Mike Cook of CBRE. The seller, Zenobia Liles, was represented by Steve Schaub of Summit Realty Group.
MORRIS: Ritz should be last elected schools chief
Partisan fighting shouldn’t be allowed to get in the way of doing what’s right for Hoosier students.
EDITORIAL: Pence should explain stance
Mike Pence officially began running for governor in May 2011 and has occupied the office since January, yet Hoosiers still don’t know why he doesn’t want tax subsidies to help people buy private insurance. It’s time he made the reason clear.
Charities, what do you need most?
Indianapolis Business Journal’s annual Holiday Wish List will debut in the Dec. 2 issue and will appear weekly though Dec. 23.
ALTOM: Airplane device change is small—just like seats
The loosening of restrictions on electronic devices on planes is of little consequence.
SCHOETTLE: Despite doubters, Colts’ Irsay thriving as HR manager
Good hires help franchise steer clear of the kind of drama rocking the Miami Dolphins.
DINING: Name change leads to discovery of healthy Asian eatery
Pho 54 is the new name on the sign of this Vietnamese/Chinese restaurant. Third in a series of full-flavored dining reviews.
LOU’S VIEWS: Eiteljorg show is a go
Thoughts on the Eiteljorg’s biennial contemporary art show. Plus reviews of ATI’s ‘Odd Couple’ and John Lithgow’s solo show.
NFP of NOTE: Down Syndrome Indiana Inc.
Down Syndrome Indiana is dedicated to enhancing the lives of individuals with Down syndrome by serving as a conduit of information, support and advocacy for them and their families.
Ex-Indiana schools chief faces ethics complaint
Indiana's top ethics official has filed a complaint against former schools Superintendent Tony Bennett for using state resources for political reasons.