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Indiana golf course lands Senior PGA Championship
Officials are expected to announce Tuesday that the 2015 Senior PGA Championship will be played at the Pete Dye Course at the French Lick Springs Resort.
State Fairgrounds to debut new $10M Youth Arena
The 30,000-square-foot Youth Arena will debut as the site of 4-H Horse & Pony classes and events. The fairgrounds' newest building will also host livestock shows, draft horse competitions and other events.
Art gallery planned for Washington Street building
The new owners of a pre-Civil War building at 42 E. Washington St. are renovating the historic four-story structure with plans to open a high-end art gallery in October on the ground level.
Don Marsh to keep $2.2M severance from grocery chain
Judge Sarah Evans Barker issued an order allowing Marsh to keep the severance paid by his former company, which attempted to recover the payments from him. The order ends a four-year court battle between the two parties.
Indiana chamber staying neutral in gay marriage fight
A leading Indiana business organization says it doesn't expect to get involved in what could be a contentious fight next year over whether to add a same-sex marriage ban to the state constitution.
Italian auto supplier adding nearly 100 Indy jobs
Reflex & Allen Group will add a tube-extrusion line.at a facility it opened near the former Indianapolis International Airport in March 2012.
Construction
-Compass Construction has completed a 2,000-square-foot build-out for Miles Design at 55 Monument Circle.
-Charles C. Brandt Construction recently completed rough and finish carpentry work for the build-out of Granite City Brewery at Circle Centre mall.
Residential
The average rate for 30-year mortgages fell from 4.56 percent to 4.54 percent for the week ended July 24, according to Bankrate.com. The rate for 15-year mortgages fell from 3.65 percent to 3.61 percent.
Leases/leasing contracts
-Hustler Turf leased 38,688 square feeet at Franklin Road Distribution Center, 221 S. Franklin Road. The tenant was represented by JD Graves of CBRE. The landlord, DCT Industrial Trust Inc., was represented by Jeremy Woods and Andrea Hopper of Summit Realty Group.
-Ernst & Young renewed its lease for 35,661 square feet in Chase Tower. The tenant was represented by Denice Michel and Michael Corr of Jones Lang LaSalle. The landlord, CW Monument Circle Inc., was represented by Adam Broderick and John Robinson of Jones Lang LaSalle.
-The Room Place leased 14,998 square feet at Greyhound Plaza, 14610-14790 N. U.S. 31, Westfield. The tenant was represented by Bill Mass of Mass Realty. The landlord, The Broadbent Co., was represented by Joe Kenney of Broadbent.
-Northwestern Mutual leased 6,464 square feet of office space at 965 Emerson Parkway, Greenwood. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Allen Commercial Group, represented itself.
-Hoover Custom Homes leased 6,000 square feet of industrial space at 7723 Loma Court, Fishers. The tenant was represented by Cameron Kucic of Summit Realty Group. The landlord, Provost Contracting Co., was represented by Bryan Poynter of Cassidy Turley.
-180 Skills LLC leased 4,003 square feet of office space at 6640 Intech Boulevard. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, Lauth Property Group, was represented by Jack Hogan of Jones Lang LaSalle.
-River Valley Resources Inc. leased 3,300 square feet at 1375 W. 16th St. The landlord, Pine Street Properties LLC., was represented by Cam Kucic, Jason Speckman, and Rich Forslund of Summit Realty Group. The tenant represented itself.
-First Watch Restaurant leased 3,036 square feet at Willow Lake West, 2902 W. 86th St. The tenant was represented by Allison Hawley and Don Williams of Cassidy Turley. The landlord, USRP Willow West LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Mastec North America leased 2,347 square feet of industrial space at 9855 Crosspoint Blvd. The tenant was represented by Andrew Follman of NAI Meridian Real Estate Services. The landlord, Clarion Partners, was represented by Bryan Poynter and Fritz Kauffman of Cassidy Turley.
-IRC Music Inc. leased 1,400 square feet of office space at 8120 8160 W. Castleway Court. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-Bay Restaurants LLC , doing business as Yats, leased 1,404 square feet of space at Hamilton Town Center, Noblesville. The tenant was represented by Gary Perel of Newmark Knight Frank Halakar. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.
-Mary Kay leased 1,000 square feet at Washington Shoppes, 10021 E. Washington St. The landlord, The Broadbent Co., was represented by Josh Broadbent. The tenant represented itself.
Sales/acquisitions
-Ting LLC bought the 32-unit apartment building at 3603 Washington Blvd. known as The Regal. The buyer was represented by independent broker Joey Guard. The seller, Axia Urban, was represented by Amy Burmeister and Adam Egret of Summit Realty Group.
-CES Investments LLC bought a 10,650-square-foot industrial property at 2260 Profit Drive. The buyer was represented by Michael Wernke and Maria Stein of Marcus & Millichap. The seller, Cole Incorp., was represented by Patrick Lindley and Grant Lindley of Cassidy Turley.
Brizzi hit with another legal malpractice suit
Defrocked Secretary of State Charlie White has sued Carl Brizzi, the former Marion County prosecutor who represented White during a criminal case that led to his removal from office.
Local firms team up to buy North Meridian office building
REI Real Estate Services LLC and Perennial Investments say that together they'll invest about $1 million in hopes of getting the office building at 550 Congressional Blvd. fully leased.
Report: Bennett changed GOP donor’s school grade
Former Indiana school Superintendent Tony Bennett and his staff scrambled last fall to ensure influential donor Christel DeHaan’s charter school received an “A,” despite poor test scores in algebra that initially earned it a “C.”
ISTEP disruptions had no impact on scores, review finds
The report released Monday by the Indiana Department of Education shows nearly 143,000 students in grades three through eight had at least one part of their test interrupted when server glitches kicked them offline.
City Securities paying $580,000 to settle SEC probe
The SEC said the Indianapolis investment firm and a southern Indiana school district made false statements to bond investors. The agency also said the head of City's municipal bond division, Randy Ruhl, provided improper gifts to bond issuers.
Zotec Partners plans $200 million acquisition
Acquisition of Atlanta-based medical billing firm would zoom annual revenue at Carmel-based Zotec from $85 million to $215 million. The combined companies would employ 1,750 people.
Reworking Obamacare’s numbers: Half of Hoosiers to gain, half to lose
Digging into the filings by health insurers, I concluded that half of Hoosiers buying individual coverage next year on exchanges will pay less than before Obamacare. The other half will pay more.
Citizens’ CEO grilled on pay in rate-increase hearing
State utility regulators kicked off a week-long hearing Monday on a proposed water rate increase for Indianapolis residents by putting the CEO of Citizens Energy Group on the hot seat.
People
Wishard Health Services named Parveen Chand its chief operating officer. Chand most recently served as COO at Creighton University Medical Center in Omaha, Neb. Chand will help Wishard, which is changing its name to Eskenazi Health, to open its new Sidney & Lois Eskenazi Hospital in December. Chand holds a bachelor’s degree in biology from St. Louis University and a master's degree in health administration from the Washington University School of Medicine.