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Buffett joins opening ceremony for Geico center

July 22, 2013

Billionaire investor Warren Buffett took part in the ribbon-cutting ceremony at the center in Carmel. Geico announced plans for the service center in March, saying it could have up to 1,200 workers in the next few years.

You-review-it Monday: Summer Celebration, ‘ZirkusGrimm,’ and more

July 21, 2013

Did you hear the music of the Rolling Stones via the Indianapolis Symphony Orchestra? Hear tales of “Love, Loss and What I Wore” at the Phoenix? Catch a concert or an art show?

IPO for giant retail REIT may be biggest since Simon

July 21, 2013

The initial public offering of Brixmor Property Group, the second-largest U.S. shopping center landlord, may be the biggest for a retail real estate investment trust since Simon Property Group Inc.’s IPO 20 years ago.

Construction

July 19, 2013

-Mattingly Construction has been awarded the 3,000-square-foot build-out of the Café at the Christian Theological Seminary, 1050 W. 42nd St.

-Mattingly Construction has been awarded the 3,700-square-foot office build-out for Indesign Engineering at 8225 E. 56th St.

People

July 19, 2013

Kimberly Hill has joined CARMEN Commercial Real Estate as executive vice president focusing on business development and client services. Angie Jakad has joined CARMEN's corporate service team.

Residential

July 19, 2013

The average rate for 30-year mortgages fell from 4.66 percent to 4.56 percent for the week ended July 17, according to Bankrate.com. The rate for 15-year mortgages fell from 3.75 percent to 3.65 percent.

Leases/leasing contracts

July 19, 2013

-Solutions 2 Go LLC leased 190,872 square feet of industrial space at 7900 Rockville Road. The tenant was represented by Tom Cooler of CBRE. The landlord, Equity Industrial A Rockville LLC, was represented by Luke Wessel and Todd Vannatta of Cassidy Turley.

-Emser Tile leased 20,026 square feet of industrial space at 8700 Roberts Drive, Fishers. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Meritex, was represented by Brian Buschuk of Jones Lang LaSalle.

-Mont Granite leased 18,670 square feet of industrial space at 5945 W. 84th St. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Meritex, was represented by Brian Buschuk and Brian Seitz of Jones Lang LaSalle.

-Guardian Pharmacy leased 12,828 square feet of industrial space at 6520-6546 Corporate Drive. The tenant was represented by Bill Ehret of Summit Realty Group. The landlord, GI Partners, was represented by Bryan Poynter and Russ Van Til of Cassidy Turley.

-The Consultant's Consortium Inc. renewed its lease for 9,074 square feet of office space at 1099 N. Meridian St. The tenant was represented by Brooke Sipe of Alliance Commercial Group. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Junk Dawgs leased 8,740 square feet of industrial space at 4333 W. 71st St. The tenant  was represented by Leslie Bonaker of CRESA Partners. The landlord, Home Acres Building Supply Co. Inc., was represented by Bill Brennan of Lee & Associates.

-Ruoff Mortgage Company Inc. leased 7,475 square feet of office space at 9100 Keystone Crossing. The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Equus Capital Partners Ltd., was represented by Abby Cooper Zito and John Robinson of Jones Lang LaSalle.

-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, was represented by Greg Allen of Allen Commercial Group.

-Indiana State Department of Workforce Development leased 5,000 square feet of industrial space at 2525 N. Shadeland Ave. The tenant was represented by Denice Michel of Jones Lang LaSalle. The landlord, Orton Development Inc., was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.

-Invoke Wellness Center LLC leased 3,163 square feet of retail space in Greenbriar Shopping Center,1315 W. 86th St. The tenant was represented by Bill Ehret and Nancy Gibbs of Summit Realty Group. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates.

-Terra Limited leased 2,385 square feet of office space at 11711 N. College Ave., Carmel. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, 11711 North College LLC, was represented by Kimberly Hartman of Colliers International.

-Select Physical Therapy Holdings Inc. renewed its lease for 2,119 square feet of office space at 9011 N. Meridian St. The landlord, Cassidy Turley as court-appointed receiver, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Elser Financial leased 1,363 square feet of office space at 8365 Keystone Crossing. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.

-Advanced Surgery of Indiana LLC leased 1,200 square feet of office space at 6470 N. Shadeland Ave. The tenant and landlord, Larry H. Fujinaka II LLC, were represented by Bob Lindgren of Lee & Associates.

-Edward Jones renewed its lease for 1,000 square feet of office space in Murphy’s Landing Professional Building, 6925 S. Harding St. The tenant was represented by Marge Browning of Cassidy Turley. The landlord, The Copeland Family 1995 Living Trust, was represented by Cathy Richards of Lee & Associates.

Sales/acquisitions

July 19, 2013

DJSI LLC bought a 9,994-square-foot office/warehouse property at 17322 Westfield Park Road, Westfield. The buyer was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The seller, Aerial Holdings LLC, was represented by Jason Challand of Echelon Realty Advisors LLC.

Indy airport to offer applications for expedited security screening

July 19, 2013

Indianapolis International Airport will be among the first two airports in the nation to participate in the TSA’s push to expand eligibility for quicker security lines.

Purdue trustees OK performance bonus for Daniels

July 19, 2013

Purdue University President Mitch Daniels is set to receive a $58,000 bonus for his first six months in office after a vote of trustees on Friday.

Summer Celebration exhibits open at convention center

July 19, 2013

Indiana Black Expo’s signature event means different things to different attendees. While Spike Lee and Billy Dee Williams were being honored, I was checking out the art.

Police search for missing Fishers teen

July 19, 2013

The Fishers Police Department is searching for a young woman who was last seen early Thursday morning. Investigators say they are concerned about the safety and well-being of Peyton Riekhof, 18, who abruptly left a friend’s Geist-area home just before 3 a.m. Video footage captured Riekhof purchasing gas at a station at 96th Street and Olio Road about an hour earlier.
 

Teen arrested after ambulance theft

July 19, 2013

Indianapolis police arrested a 16-year-old male early Friday after he allegedly stole an ambulance parked near St. Francis Hospital South. The teen, who is from Evansville, took the ambulance about 3 a.m. to avoid going to a mental health facility at St. Francis. He was pulled over near New York Street and Chester Avenue about an hour later.
 

Man shot in leg downtown

July 19, 2013

A man was shot in the leg after being shot downtown at the corner of Alabama and St. Joseph streets about 3 a.m. Friday. Indianapolis police say Shaun Moore, 38, was shot after he tried to rob another man. Moore was hospitalized in good condition.
 

Friday fun: County 4-H fairs

July 19, 2013

An ice cream churn-off, model tractor pull, rabbit costume contest and the Llama Limbo. This weekend’s schedule of events can mean only one thing: It’s 4-H fair season in Hamilton and Boone counties.

Obamacare role questioned in shift to part-time workforce

July 19, 2013

Part-time employment has been outpacing full-time job growth since 2008. Economists cite still-tough economic conditions as the root cause, with some saying President Barack Obama’s 2010 health-care law exacerbates the trend.

Car parts maker expands in Hancock County

July 19, 2013

A 250,000-square-foot distribution center that sat empty since the recession has finally nailed down a tenant—a Canadian firm relocating operations from nearby Knightstown.

Trucking firms brace for impact of new driver-rest rules

July 19, 2013

New U.S. safety regulations requiring truckers to work shorter shifts may cut productivity, worsen a driver shortage and boost freight costs for the $8.4 trillion in goods hauled each year by American big rigs.

Film fest’s ‘Medora’ looks at state’s worst hoops team

July 19, 2013

What’s it like to be on a team with no wins in an Indiana town with few prospects? The gutsy documentary “Medora” will be screened Friday in the Harrison Center gym.

Daniels’ attack on text part of conservative push

July 19, 2013

Former Gov. Mitch Daniels’ directive was part of a broader conservative push to move all of the training of school teachers out of the nation’s teaching colleges.

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