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PROXY CORNER: KAR Auction Services Inc.
KAR Auction Services Inc., 13085 Hamilton Crossing Blvd., Carmel 46032, is the holding company for ADESA Inc., which operates used-vehicle auctions at 67 locations; Insurance Auto Auctions Inc., which operates salvage auctions at 163 locations; and Automotive Finance Corp., which provides floorplan financing at 104 locations.
State spending more on AP testing for high-schoolers, but failure rate is rising
The state plans to nearly triple its spending on Advanced Placement tests in high schools this academic year—despite the fact most students are failing them.
Kim: Twitter using JOBS Act to alter IPO playbook
The Sept. 12 tweet read, “We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale.” Twitter thus made a very public announcement that it had made a private filing with the Securities and Exchange Commission. In 140 characters or fewer, Twitter instantly […]
Hicks: We’ll spend more and more on health care
Like most Americans, I am confused by the ACA. I don’t have a spare couple of months to read it in its entirety, but am certain there are things about it I will like and some I will detest. On balance, though, it is increasingly clear that it will require Herculean fixes.
Rusthoven pegged Obama
I enjoyed Peter Rusthoven’s [Sept. 16] column “A president out of his league,” as it nicely characterized both the missteps and blatant lies coming from the Obama administration’s Keystone Cops handling of the crisis in Syria.
Radio thrives on local
As someone who has worked at or with radio stations in Indianapolis as well as mid-sized and smaller markets across the state, I agree with most of the points regarding the strong local strategy in use today by the successful broadcasters in those markets [Sept. 2].
BENNER: Regrettably, not all iconic sports venues can be saved
Venues mean something. More than bricks and steel and concrete, if done right, they ooze character and provide a sense of special place.
BASILE: Odds are Branson visitors will be treated like family
Hokey? Sure. But other cities could learn something about customer service from how this Missouri country mecca.
DINING: Price buffers pleasure of The Alexander’s buffet
Market Table now open to the public for breakfast, lunch and brunch. Last in a month-long series of just-out-of-downtown dining reviews.
LOU’S VIEWS: Indiana Repertory Theatre finds what’s crucial in ‘The Crucible’
Plus season openering reviews for “Vanya and Sonia and Masha and Spike” at the Phoenix and NoExit’s “Big Bad Wolf.”
Construction
-S&B Construction Group has completed a 70,000-square-foot facility for Self Storage @ Anson at 6978 Central Blvd., Whitestown.
-S&B Construction Group has completed a 7,400-square-foot retail center at 13844 Olivia Way, Fishers.
-Kort Builders has completed a 4,000-square-foot build-out for First Financial Bank at 5004 W. 71st St.
ADAMSON: Close the obsolete Harding Street plant
In recent years, our city’s civic and business leaders have put much effort into attracting and retaining young professionals, those young singles who prefer city life, dining out and environmental causes.
People
–Mark Sergi has joined CBRE Group Inc.'s Indianapolis office as a vice president focusing on occupier services for mid-cap clients.
–Bob Moreland, Bill Spencer and Brett Rose have joined Capitol Construction as project managers.
RUSTHOVEN: FitzGibbon was friend and hero departed too soon
Our state and city lost an extraordinary citizen last week, when my friend and partner Dan FitzGibbon passed at age 71.
Residential
The average rate for 30-year mortgages fell from 4.66 percent to 4.47 percent in the week ended Sept. 25, according to Bankrate.com. The rate for 15-year mortgages fell from 3.70 percent to 3.53 percent.
MAURER: Ivy Tech serves more than a tasty meal
I make my own breakfast. At mid-day, lunch is usually fresh fish simply grilled. Janie sets the dinner plans, and I go where I’m told. Now I’m writing a restaurant review?
Sales/acquisitions
-Manasek Acquisition Company II LLC bought a 201,308-square-foot industrial plant at 11700 N. State Road 37, Elwood. The buyer was represented by Richard R. King III and Steve Beals of Lee & Associates. The seller, The city of Elwood, represented itself.
-TJ Investment Group LLC bought a 5,118-square-foot office-warehouse building at 10078 Lantern Road, Fishers. The buyer was represented by Mark Writt of CBRE. The seller, Applied Technology Inc., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-Town of Brownsburg bought and leased back a 53,921-square-foot office and school property at 326 N. Green St., Brownsburg. The seller/tenant, the Archdiocese of Indianapolis (St. Malachy Parish), was represented by Kelly Williams and Ray Simons of Cassidy Turley. The buyer represented itself.
-Empower Results bought a 2,200-square-foot building 1052 Woodlawn Ave. The buyer was represented by Bud Green of ReMax Centerstone. The seller, Southeast Community Services Inc., was represented by Catherine Esselman of Penn Real Estate Inc.
-Five Points Enterprises LLC bought a 3,840-square-foot building at 540 Virginia Ave. The buyer and seller, the Estate of Donald R. Jones, were represented by Catherine Esselman of Penn Real Estate Inc.
EDITORIAL: Amtrak talks need to succeed
Better late than never. Less than a week before federal funding was set to end for the Hoosier State Amtrak route, which offers the only passenger train service four days a week from here to Chicago, state officials have finally begun discussing with Amtrak how to replace the annual $3 million subsidy.
‘Dynamic duo’ boosts Hamilton County tourism
In eight years with the Hamilton County Convention and Visitors Bureau, Executive Director Brenda Myers has morphed her organization into a developer, grant giver and landlord. The strategy appears to be working.