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BENNER: Love thy enemy? We’ll find out when Peyton returns to Indy

October 10, 2013

It won’t be easy to watch our franchise quarterback under center for the Broncos.

Construction

October 10, 2013

-Capitol Construction has completed an 8,800-square-foot office build-out for Guggenheim Partners at 401 Pennsylvania Parkway.

-Capitol Construction has completed a 6,000-square-foot build-out for RPM Machinery at 8910 Purdue Road.

DINING: More than Irish luck needed for newcomer to troubled spot

October 10, 2013

36 East opens on Washington St. Second in a month-long series of reviews of restaurants in recently rehabbed spaces.

Residential

October 10, 2013

The average rate for 30-year mortgages fell from 4.41 percent to 4.39 percent in the week ended Oct. 9, according to Bankrate.com. The rate for 15-year mortgages was steady at 3.47 percent.

PROXY CORNER: Calumet Specialty Products Partners LP

October 10, 2013

Calumet Specialty Products Partners LP processes crude oil into a variety of customized lubricating oils, solvents and waxes, as well as into gasoline, diesel and jet fuel.

Leases/leasing contracts

October 10, 2013

-Evanced Solutions LLC leased 17,000 square feet of office space at 701 E. New York St. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Rowland & Frist LP, was represented by Russell Van Til of Cassidy Turley.

-Fox and Hound renewed its lease for 8,040 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant and landlord, an affiliate of PK Partners, represented themselves.

-Taverna 1850 leased 5,000 square feet at 1850 Broad Ripple Ave. The tenant and landlord, Alex and Mina Khoury, were presented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services.

-Kids Against Hunger-Greenwood Inc. leased 5,000 square feet at Emerson Industrial Park, 5602 Park Elmwood, Greenwood. The tenant was represented by Michael P. Sloan of The Broadbent Group. The landlord, Dominion Realty Inc., represented itself.

-Woodley Farra Manion Portfolio Management leased 4,196 square feet of office space at Five River Crossing, 8558 N. River Road. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE.

-Regions Bank renewed its lease for 4,100 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant was represented by Nick Arterburn of CBRE. The landlord, an affiliate of PK Partners, represented itself.  
 
-Mid-America Computer Corp. leased 3,000 square feet of office space at 11711 N. College Ave., Carmel. The tenant was represented by Andrew Follman of NAI Meridian. The landlord, 11711 North College LLC, was represented by Kimberly Hartman of Colliers International.

-Fox Studios, doing business as Camden Glass, leased 2,900 square feet of retail space in Winthrop Commons, 5345 N. Winthrop Ave. The landlord, Crum Realty, was represented by Ron Mannon and Scott Herider of Lee & Associates. The tenant represented itself.

-Agave Bar and Grill leased 2,643 square feet at 31 E. Main St., Carmel. The tenant and landlord, Fernando Sagovia, were presented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services.

-AT&T renewed its lease for 2,400 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant and landlord, an affiliate of PK Partners, represented themselves.

-Crust Pizzeria leased 2,400 square feet at 12505 Old Meridian St., Suite 170, Carmel. The tenant was represented by Hamada Ibrahim of R.P. Lux Commercial Real Estate Services. The landlord, Buckingham Cos., was represented by Buckingham's Tiffany Oliver.

-The Opus Group leased 2,097 square feet of office space at Three River Crossing, 3610 River Crossing Parkway. The tenant was represented by Mary Beth Kohart of CBRE. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE.  

-Pizza Hut leased 1,800 square feet at Eagle Creek Shops, 5510 Lafayette Road. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Harris FLP, was represented by Beth Patterson of Colliers International.

-Jimmy Johns Gourmet Sandwiches leased 1,780 square feet of retail space at Emerson Shoppes, 4920 S Emerson Ave.  The tenant was represented by Jeff Daniel of The Valenti Group. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International.
 
-Yang’s Foot Spa leased 1,400 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The landlord, an affiliate of PK Partners, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

Investors brace for lean years from Lilly

October 10, 2013

In a new round of predictions this month, Wall Street analysts indicated they expect Eli Lilly and Co.’s revenue to fall next year and to remain below 2013 levels until 2020.

Sales/acquisitions

October 10, 2013

-Fisher Realty Holdings LLC bought a 24,000-square-foot building at 10277 Leases Corner Court, Camby. The buyer was represented by Jason Alsup of RE/Max Centerstone. The seller, RC Properties I LLC, was represented by Steve Schaub and Brian Dell of Summit Realty Group.  

-Transpacific Development Co. bought a new, 450,000-square-foot distribution building on 31 acres at 2450 Stanley Road, Plainfield. The buyer was represented by John Huguenard of Jones Lang LaSalle's Chicago office. The seller, Plainfield Project One LLC, an affiliate of VanTrust Real Estate LLC of Kansas City, Mo., was represented by Glenn Davis of Colliers International.

-Kids Go Round bought a 13,440-square-foot retail building at 2481 E. Main St., Plainfield. The buyer was represented by Bud Green of RE/Max Centerstone. The seller, Aldi (Indiana) LP, was represented by Jim Abel of Lee & Associates.

-BAC Local 4 Indiana/Kentucky bought a 21,090-square-foot industrial building at 8455 Moeller Road. The buyer was represented by Ted McClure of McClure Commercial & Industrial Real Estate. The seller, Bank of Indiana NA, was represented by Bill Brennan of Lee & Associates.

LOU’S VIEWS: Beef & Boards’ ‘Les Miz’ is ready for its close up

October 10, 2013

Experiencing the blockbuster from 12 feet from the stage, I appreciated it even more. And, no, I didn’t steal any bread from the buffet.

After stock zooms up, Internet bank aims higher

October 10, 2013

Shares of First Internet Bancorp have more than doubled since December, when founder and CEO David Becker boosted the visibility of the stock by announcing it was shifting from the over-the-counter market to NASDAQ.

Private equity investor CID seeking $150 million

October 10, 2013

CID Capital hopes to raise $150 million for its latest private equity fund in a market that has been tough on similar funds.

Buckingham Cos. nabs downtown Zionsville site

October 10, 2013

The prolific developer behind Indianapolis’ $155 million CityWay project is working on a plan to transform a key parcel in the heart of downtown Zionsville.

Could airport gambling idea take off?

October 10, 2013

Two gambling-industry lawyers see untapped potential in Indianapolis International Airport, which they argue is the ideal place to roll out wireless gambling technology and rake in revenue to support more nonstop flights, like the one United Airlines will launch in January to San Francisco.

Pacers land IEDC as court sponsor

October 10, 2013

The Indiana Pacers have brokered a deal with an unusual sponsor—the Indiana Economic Development Corp.—to become the first of 30 National Basketball Association teams to sell courtside ads emblazoned on the hardwood.

Kim: Rising confidence should lift stocks and economy

October 10, 2013

The primary impact of confidence on the economy is simple. If people think the economic future will be good, they’ll spend and invest. Thus, things will be good.

Ratings surge after Buchman arrives at WTHR

October 10, 2013

The debut of popular meteorologist Angela Buchman at WTHR-TV Channel 13 last month coincides with its newscast ratings' soaring like a cumulonimbus cloud on a hot afternoon.

Hicks: Welcome this debate, even if it ain’t pretty

October 10, 2013

Voters’ expressing only anger and frustration over D.C. politics simply won’t do. It is intellectually lazy, cowardly and un-American to wish that everyone should settle their argument like this is a school playground.

People in the news – Oct. 14, 2013

October 10, 2013

People listings are free.

Daniels admits judgment error in think tank speech

October 10, 2013

Purdue University President Mitch Daniels admitted Thursday he made an error in judgment by delivering a paid speech at a fundraiser for a conservative Minnesota think tank after promising to avoid partisan politics while at the helm of the university.

Shutdown talks heat up, but no resolution yet

October 10, 2013

President Barack Obama and congressional Republicans groped inconclusively Thursday for a compromise to end the 10-day-old partial government shutdown.

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