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ISTEP firm faces third-degree from lawmakers, big damages

June 21, 2013

Indiana's state superintendent announced Friday she is seeking at least $614,000 in damages from CTB/McGraw-Hill for ISTEP testing troubles as the company's president apologized to state lawmakers.

Local man accused of ‘sextortion’

June 21, 2013

An Indianapolis man is accused by federal prosecutors of tricking teenage girls into sending him explicit photos via Facebook and then using the pictures to coerce the girls, some as young as 13, into having sex with him. U.S. Attorney Joe Hogsett announced the charges against Austin Williams, 23, on Thursday. A 14-count criminal complaint against Williams includes charges of attempted sexual exploitation of a child, receipt of child pornography, coercion and enticement of a minor, and interstate communications and extortion.
 

Collision with semi injures 3

June 21, 2013

Police are investigating an accident Thursday night between a semi truck and a four-door passenger car on the southwest side that injured three men. The car was traveling south on South Harding Street near West Troy Avenue when it collided with the semi, which was northbound. Firefighters cut three male occupants from the car. Medics transported a 17-year-old to Methodist Hospital in stable condition, a second 17-year-old to Wishard Hospital in serious condition, and a 22-year-old to Wishard in critical condition. The semi driver was not injured.
 

Ballard veto hints at plan to increase police on streets

June 21, 2013

Instead of freeing up $6 million in Rebuild Indy funds for new recruits, city officials will soon debut a plan to move 100 officers from desk jobs to patrol, according to the mayor.

Daniels heads to China to enhance partnerships

June 21, 2013

The former governor says he will look for ways to advance existing partnerships and seek to forge new ones during the six-day trip beginning Saturday.

Film fest will screen at Libertine, Tibbs Drive-in, Eiteljorg and more

June 21, 2013

Joseph Gordon-Levitt’s writing/directing debut to close Indianapolis International Film Festival in July.

WellPoint settles Los Angeles lawsuit for $6M

June 20, 2013

The city had alleged that WellPoint’s Anthem Blue Cross of California unit illegally dropped more than 6,000 policyholders from coverage.

Construction

June 20, 2013

-Gibson Commercial Construction has completed a 26,000-square-foot office build-out for Endress + Hauser (USA) Automation Instrumentation Inc. at 2340 Endress Place, Greenwood.

-Kort Builders has completed a 3,120-square-foot build-out for Scrubs at 6810 South Emerson Drive.

-Kort Builders has completed a 3,400-square-foot build-out for Falcon Carpet at 6535 Guion Road.

-Kort Builders has completed a 2,400-square-foot build-out for the Mutual Store at 5025 E. 82nd St., Suite 1400.

-Capitol Construction has completed a 10,600-square-foot office/warehouse build-out for Sims Lohman at 7113 Mayflower Park Drive, Zionsville.

Residential

June 20, 2013

The average rate for 30-year mortgages fell from 4.14 percent to 4.12 percent for the week ended June 19, according to Bankrate.com. The rate for 15-year mortgages slipped from 3.32 percent to 3.3 percent.

Leases/leasing contracts

June 20, 2013

-OHL renewed its lease for 379,332 square feet at 1101 Whitaker Road, Plainfield. The tenant was represented by Andrew Morris, Jeremy Woods and Andrea Hopper of Summit Realty Group and Steve Schwegman of Jones Lang LaSalle. The landlord, Transpacific Development Co., represented itself.

-SKH (Shaughnessy Kniep Hawe) Paper leased 42,500 square feet of industrial space at 2363-2383 Perry Road, Plainfield. The tenant was represented by Sean McHale of Colliers International. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-National Hail and Dent Removal LLC leased 18,375 square feet of industrial space at 551 Earlywood Drive, Franklin. Both the tenant and landlord, Wertz Realty LLC, were represented by Don Treibic of Cassidy Turley.

-Sensory Technologies leased 17,492 square feet of industrial space at 6911-7061 Corporate Circle. The tenant was represented by Jake Sturman of Jones Lang LaSalle. The landlord, GI Partners, was represented by Bryan Poynter and Russell Van Til of Cassidy Turley.

-Cork Medical LLC leased 8,805 square feet of office space at 6406 Castleway Court. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Furniture Expressions leased 8,040 square feet of retail space in College Park Plaza-Ventures, 3443-8421 W 86th St. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.
 
-Leaders Moving leased 5,200 square feet of industrial space at 9900 Westpoint Drive. The tenant was represented by Dustin Looper of Colliers International. The landlord, Andrew Lowe, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.

-Finders Keepers leased 3,482 square feet of retail space in East 40 Plaza, 8506 E Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-BSN Sports renewed its lease fo 3,200 square feet of industrial space at 7215 E. 21st St. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, Justus Companies, represented itself.  

-D&F Assoc. Ltd., doing business as Miracle Method of Indianapolis West, leased 2,400 square feet of industrial space at 2445 Directors Row. The tenant was represented by Bryan Poynter of Cassidy Turley. The landlord, American National Insurance Co., was represented by Donald Wahle of Harshman Property Services LLC.

-World Finance leased 1,481 square feet at Western Plaza, 195 Sheridan Road, Carmel. The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Thompson Thrift, was represented by Ryan Menard of Thompson Thrift.

-Allstate Insurance leased 1,400 square feet of retail space in Old Town Shoppes, 1264 W. 86th St. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.

-Wings & Seafood leased 1,237 square feet of retail space in Esquire Plaza, 8237 Pendleton Pike. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

Sales/acquisitions

June 20, 2013

-Big Red Liquors bought a 33,000-square-foot building on three acres at 5429 S. East St. The seller, United Leasing Inc., was represented by Michael P. Sloan of The Broadbent Group. The buyer represented itself.

-Herman-Hall LLC bought Lakewood Shoppes, a 12,000-square-foot retail center at 5900 E. 71st St. The seller, Lakewood Shops LLC, was represented by Kevin Broderick and Matt Gray of CBRE. The buyer represented itself.

-Onkar Singh bought a 1,300-square-foot restaurant at 4175 N. Post Road. The buyer was represented by Manjit Singh of Star Alliance Brokerage. The seller, Kyongchang Kum, was represented by Tracey Holtzman of Midland Atlantic Properties.

Glass magic coming to end for venerable Fox Studios

June 20, 2013

Fox Studios Inc., the venerable stained glass company whose work is on display at countless churches throughout the state and even the Indiana Statehouse, is closing.

Salin saves cash with video tellers

June 20, 2013

In what might be the strangest twist in banking technology in years, Indianapolis-based Salin Bank is the first financial institution in the state to install sophisticated, interactive video tellers.

BidPal, on a roll, doubles space

June 20, 2013

The world of philanthropy, where shoestring budgets dominate, is nonetheless proving lucrative for BidPal Inc., a 108-employee company led by tech veteran Scott Webber. The company saw revenue rocket from $1.8 million in 2010 to $10.2 million last year, making it the city’s second-fastest-growing private company, according to IBJ’s annual list.

Business heavyweights raising cash for cops through foundation

June 20, 2013

A new foundation supporting the Indianapolis Department of Public Safety starts work in July, and its board is stacked with business and political leaders eager to help Director Troy Riggs advance the city’s cash-strapped operation.

Tiny Lebanon firm prevails in multimillion-dollar patent case

June 20, 2013

In the past 18 months, Larry Durkos—who invented a machine that attaches metal bed box springs and coils to wood frames—has scored two stunning victories over Leggett & Platt Inc., a Missouri-based box-spring conglomerate.

Live, call-in radio show focuses on Hoosier history

June 20, 2013

“Hoosier History Live!” is believed to be the nation’s only live, call-in show about a state’s history. The 5-year-old show has only an estimated 1,000 listeners, but they tend to be those who are passionate about all things Hoosier heritage.

Proxy Corner: Vera Bradley Inc.

June 20, 2013

Vera Bradley Inc., 2208 Production Road, Fort Wayne, Ind., 46808, sells handbags, accessories, paper-and-gift items and travel items through 65 retail stores, 11 outlet stores, 3,400 specialty stores and through verabradley.com.

BENNER: Highs and lows, from Stanley Cup to College World Series

June 20, 2013

We have plenty to celebrate, most of which happens on the field of play. The bad stuff happens on the fringes.

HETRICK: Mundane matters of middle-class homebuyers

June 20, 2013

The twisting, turning, maddening tale of our broken oven doesn’t quite measure up in the grand scheme of things.

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