Cox signing off at WRTV after 36 years covering city
At 65, bespectacled Statehouse reporter Norman Cox has covered seven Indiana governors and a slew of the biggest events in recent Indianapolis history.
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Feds decline to press charges against former prosecutor Brizzi
Federal prosecutors have declined to press criminal charges against former Marion County Prosecutor Carl Brizzi after a three-year investigation failed to yield sufficient direct evidence he accepted bribes while in office.
Builders of Obama’s health website saw red flags
The government spent at least $394 million in contracts to build the federal health care exchange and data hub. The painfully slow and often unresponsive website has frustrated Americans trying to enroll for insurance plans.
Colts fans showed true colors Sunday night
With Peyton Manning coming to town not even Indianapolis Colts players knew what to expect from the crowd at Lucas Oil Stadium. But the packed house surprised some and stood behind the home team, not its former star.
Work starting on French Lick Resort expansion
A ceremony was held Monday to mark the start of a $15.5 million expansion of the events center at the French Lick Resort in southern Indiana.
U.S. employers add only 148K jobs; rate falls to 7.2 percent
The unemployment rate fell to nearly a five-year low in September, the Labor Department said Tuesday. Still, the percentage of Americans working or looking for work remained at a 35-year low.
Lawmakers ask pension board to keep annuity plan in-house
A legislative commission recommended Monday that pension officials scrap a proposal to privatize one part of the state retirement benefit system.
Ivy Tech trustee resigns over raunchy emails
V. Bruce Walkup resigned Monday night, saying he didn’t want his “actions to overshadow the tremendous work of the faculty, staff and students at Ivy Tech.”
Meridian Mark buildings in Carmel expected to hit market
The two eight-story, granite-clad buildings are highly visible along the North Meridian Street corridor, which has become attractive to investors as the market’s vacancy rate continues to fall.
Construction
-Mattingly Construction has begun construction of a 4,200-square-foot office build-out for Flotronix in the Promise Road Business Park at 12574 Promise Creek Lane, Fishers.
-Kort Builders has completed a 2,500-square-foot build-out for SMS Office at 8739 Castle Park Drive.
-Capitol Construction has completed a 9,000-square-foot office expansion for Kronos at 101 W. Washington St.
Residential
The average rate for 30-year mortgages rose from 4.39 percent to 4.42 percent in the week ended Oct. 16, according to Bankrate.com. The rate for 15-year mortgages rose from 3.47 percent to 3.49 percent.
Leasing, leasing contracts
-Merrill Lynch leased an additional 16,899 square feet and renewed its lease for 38,145 square feet at Five Parkwood, 500 E. 96th St. The tenant was represented by Nick Svarczkopf of CBRE. The landlord, Duke Realty, was represented by Duke's Traci Kapsalis.
-Kohl’s Department Stores Inc. leased 9,434 square feet at 1729 S. U.S. 31, Greenwood. The landlord, 1729 S. US 31 LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-Aerotek renewed its lease for 8,040 square feet of office space at Five River Crossing, 8558 N. River Road. The tenant was represented by Jamie Smith and Russell Van Til of Cassidy Turley. The landlord, an affiliate of PK Partners, represented itself.
-Preferred Financial Solutions Inc. leased 6,423 square feet of industrial space at 5665 W. 74th St., Building 117. The tenant was represented by Glenn B. Davis of Colliers International. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Crossroads Brewing Co. leased 5,800 square feet at Country Center, 1140 N. State Road 135, Greenwood. The landlord, TCP Greenwood, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-TurningPoint leased 4,545 square of retail space at Five River Crossing, 8558 N. River Road. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, an affiliate of PK Partners, represented itself.
-Franklin American Mortgage Co. leased 2,539 square feet of office space at Five River Crossing, 8558 N. River Road. The landlord, an affiliate of PK Partners, was represented by John Vandenbark of CBRE. The tenant represented itself.
-Applied Marketing leased 2,522 square feet at 550 Congressional Blvd. The tenant was represented by Nick Svarczkopf of CBRE Inc. The landlord, 550 REI-Perennial LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Qdoba Mexican Grill renewed its lease for 2,200 square feet at Emerson Commons, 6905 S. Emerson Ave. The landlord, Emerson Commons Way LLC, was represented by Larry Davis of Sitehawk Retail Real Estate. The tenant represented itself.
-Barre 2K LLC, doing business as The Bar Method, leased 2,173 square feet of office space at 10425 Commerce Drive, Carmel. The tenant was represented by Kevin Dick and Paul Dick of Colliers International. The landlord, West Carmel CP I LLC., was represented by Tom Ott of Coastal Partners LLC.
-Starbucks leased 2,000 square feet of retail space at Nora Shops West, 1250 E. 86th St. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, an affiliate of PK Partners, was represented by Bryan Chandler of Eclipse Real Estate.
-Red Wing Shoes leased 1,673 square feet at Centre East, 10863 E. Washington St. The tenant was represented by Bowman Elder of Vernick & Associates Ltd. The landlord, Centre East LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Jersey Mikes leased 1,400 square feet at Merchants Pointe, 2271 Pointe Parkway, Carmel. The tenant was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate.
-Chocolate for the Spirit leased 1,200 square feet of retail space at 301 E. Carmel Drive, Carmel. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International. The tenant represented itself.
-Kitchen Masters leased 1,154 square feet at Greendale Shopping Center, 789 U.S. 31 North, Greenwood. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Greendale LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Dottie Couture leased 950 square feet of retail space at Five River Crossing, 8558 N. River Road. The tenant was represented by Allison Hawley of Niessink Commercial. The landlord, an affiliate of PK Partners, represented itself.
Sales & acquisitions
-Chef Suzanne LLC bought a 1,203-square-foot office building at 12550 Promise Creek Lane, Fishers. The buyer was represented by Roger Kessler of Logan Limited. The seller, First Financial Collateral Inc., was represented by Paul Dick and Kevin Dick of Colliers International.
-Nash Finch bought a 168,350-square-foot industrial building at 3963 Vernal Pike, Bloomington. The seller, Hallmark, was represented by Dustin Looper of Colliers International. The buyer represented itself.
-3IB LLC bought a 77,876-square-foot industrial property at 6902 Hawthorn Park Drive. The buyer was represented by Larry Mitchell of R.P. Lux Co. The seller, Hawthorn Real Estate LLC, was represented by Fritz Kauffman of Cassidy Turley.
Frost warning issued for area
The National Weather Service has issued a freeze watch for roughly the northern third of Indiana for Tuesday morning. The state’s central third will be under a frost warning. The weather service says a cold front moving across the state Monday could push low temperatures in parts of northern Indiana to 29 degrees early Tuesday. That could kill sensitive outdoor plants.
Man dies in hit-and-run
Indianapolis police are looking for the driver who hit and killed a pedestrian about 3:15 a.m. Monday at Meridian and 22nd streets. A witness said a silver or black car drove from the scene. The victim was described as a male in his 50s.
Wayne might be done for season
ESPN is reporting that Indianapolis Colts receiver Reggie Wayne won’t be back this season after the knee injury he suffered in Sunday night’s 39-33 home victory over the Denver Broncos. Wayne was injured with 7:15 left in the game. The 34-year-old receiver was scheduled to undergo an MRI on Monday. Wayne has played in 189 straight NFL games.
Is lack of competition hiking Indiana exchange premiums?
Only four health insurers are offering policies in the Obamacare exchange in Indiana, whereas 17 have withdrawn from the market since 2010.
Colts’ victory over Broncos reaps ratings bonanza in Indianapolis
At one point, about 80 percent of the households in Indy watching TV Sunday night were tuned to Peyton Manning’s spoiled homecoming.
VC headwinds continue for life sciences firms
Indiana life sciences companies trying to raise venture capital continue to do so with a national wind in their faces, according to the third-quarter venture capital data.
People
Dr. Jihan Huggins, a family physician, has joined Community Physician Network, a part of the Community Health Network hospital system, in Indianapolis. She earned her medical degree at Indiana University School of Medicine.
Dr. Valerie Moss, an OB/GYN, has joined Community Physician Network in Anderson. She holds a medical degree from the University of Louisville.
Dr. Richard Ofstein, a vascular surgeon, has joined Community Physician Network in Indianapolis. He earned his medical degree at the University of South Dakota School of Medicine.
Dr. Ashlie Stallion, a pediatrician, has joined Community Physician Network in Indianapolis. She completed her medical degree at the Indiana University School of Medicine and her pediatric residency at Riley Hospital for Children.
Gretchen Gutman has joined Bloomington-based Cook Group as vice president of public policy. She most recently served as associate vice president for governmental relations at Ball State University. She spent eight years as chief advisor to the Senate Finance Committee of the General Assembly and was a partner at the law firm Taft Stettinius & Hollister LLP in Indianapolis, where she worked with Cook on state-government policy. Gutman holds a bachelor’s in history and a master’s in public affairs from Indiana University-Bloomington. She earned her law degree from the IU School of Law in Indianapolis.