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.
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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.
Transportation, warehousing catch tailwind
Indiana’s transportation and warehousing industry employs more people now than before the recession, and observers think its growth will continue to outpace the nation’s.
Leases/leasing contracts
-Katz Sapper & Miller renewed its lease for 75,064 square feet in Eight Parkwood, 800 E. 96th St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Duke Realty, was represented by Duke's Traci Kapsalis.
Firebelly Technologies, doing business as Element Three, leased 16,521 square feet of office space at 3500 Depauw Blvd. The tenant was represented by Darrell Pike of Pike Real Estate Services LLC. The landlord, Sterling American Property Inc., was represented by Dave Moore, Bennett Williams and Darrin Boyd of Cassidy Turley.
-Quadel Consulting leased 9,297 square feet of office space at 10 W. Market St. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, HDG Mansur, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.
-Axia Technology Partners LLC leased 6,446 square feet of office space at 151 N. Delaware St. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Hertz Investment Group, was represented by Rick Trimpe of CBRE.
-Petersen Engineering Inc. leased 6,150 square feet of office space at 8902 Vincennes Circle in Fortune Park. The tenant was represented by Steve Beals and Richard R. King III of Lee & Associates. The landlord, Fortune Park 14 Partners LLC, was represented by Tom Frank of Summit Realty Group.
-Homestead Financial leased 4,955 square feet of office space at 8500 Keystone Crossing. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, Ash Brokerage Corp., was represented by Nick Svarczkopf of CBRE.
-Sen. Joe Donnelly leased 3,995 square feet of office space at 10 W. Market St. The tenant was represented by Gordon Hendry of CBRE. The landlord, HDG Mansur, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.
-Deeper Life Bible Church leased 3,200 square feet of retail space in Lafayette Place, 3635 Commercial Drive. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Future Keys Inc. leased 2,094 square feet of office space at 3905 Vincennes Road. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Halakar Property Management acting as court-appointed receiver, was represented by Matt Kiger of Newmark Knight Frank Halakar.
-World Finance Co. leased 1,900 square feet of retail space in Honey Creek Plaza, 3835-37 Moller Road. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.
-$1.99 Cleaners leased 1,841 square feet of retail space in Norgate Plaza, 7235 N. Keystone Ave. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Hat Kings leased 1,600 square feet in Lafayette Place, 3740 Commercial Drive. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Ministerios Torre Fuerte leased 1,600 square feet in Lafayette Place, 3643 Commercial Drive. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
-Kumon Math and Reading Center leased 1,400 square feet of retail space in Old Town Shoppes, 1260 W. 86th St. The tenant was represented by Creighton Shook of Coldwell Banker Commercial. The landlord, Sandor Development, was represented by Drew Kelly of Sandor.