WISH-TV fills vacant anchor slot with Hoosier native
Lori Wilson, an Indiana University graduate, was most recently an anchor in Philadelphia—a city she may have a hard time forgetting, according to various media reports.
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Scam artist receives 34 years for home-sale scheme
Shela Amos, 57, led victims in Indianapolis to believe they were legitimately purchasing vacant homes that Amos did not actually own.
Lilly stops development on cancer drug after failed study
The drug, enzastaurin, was in the most advanced stage of testing and had been expected to generate $260 million in annual sales by 2018.
Indy Parks, county assessor poised for budget cuts
Two ordinances that would reduce the Indianapolis budget by $1.6 million will be introduced to the City-County Council on Monday. The largest cuts will come from the Marion County Assessor’s office, the parks department and mayor’s office.
Developer planning $60M project near Ball State
Investment Property Advisors of Valparaiso hopes to build a four-story building wrapping around a six-story parking garage that will have 228 apartments and storefronts on the street level.
Review: ‘4000 Miles’ at the Phoenix Theatre
Amy Herzog’s play does what seems to be a simple thing but is actually a rarity in contemporary theater: It lets its characters be.
Duke Realty puts 17 Midwest office buildings on block
The developer is selling the buildings in Cincinnati, Cleveland and St. Louis to increase its emphasis on industrial properties. A research firm values them at $149 a square foot, or a total of about $350 million.
IU’s Kelley School of Business getting new dean
Idalene Kesner will be the first woman to lead the school, and one of only a small handful of female business school deans in the United States.
DINING: New yogurteria eschews parlour trappings for lounge atmosphere
Second in a month-long series of Indianapolis Cultural Trail restaurant reviews.
Construction
-Gibson Commercial Construction has completed a 1,200-square-foot build-out for Supercuts at 112 N. State Road 267, Avon.
-Capitol Construction has completed a 10,600-square-foot office/warehouse build-out for Sims Lohman at 7113 Mayflower Park Drive, Zionsville.
Residential
The average rate for 30-year mortgages rose from 3.52 percent to 3.6 percent for the week ended May 8, according to Bankrate.com. The rate for 15-year mortgages rose from 2.75 percent to 2.82 percent.
LOU’S VIEWS: Civic’s ‘Into the Woods’ explores what’s after ‘happily ever after’
Plus thoughts on NoExit Performance’s world premiere of David Hoppe’s ‘Our Experiences During the First Days of Alligators’ in Garfield Park
Leases/leasing contracts
Xerox Commercial Solutions LLC renewed its lease for 45,166 square feet at 2710 Enterprise Drive, Anderson. The tenant was represented by Denice Michel and Kevin Gillihan of Jones Lang LaSalle. The landlord, First Realty LLC, was represented by Paul Nicholson of First Realty.
Dial America leased 24,010 square feet at 4030 Vincennes Road. The tenant was represented by Denice Michel and Kevin Gillihan of Jones Lang LaSalle. The landlord, CP Vincennes LLC, was represented by Matt Waggoner of Summit Realty Group.
GAI Consultants Inc. leased 7,620 square feet of office space at 6420 Castleton West Drive. The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
Gentiva Health Services leased an additional 5,203 square feet at 8606 Allisonville Road. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, Castle Creek Office LLC, was represented by Brian Fitzgerald of Citimark.
rue21 Inc. leased 4,712 square feet of retail space at 1950 2000 E. Greyhound Pass, Carmel. The tenant was represented by Bill French of Cassidy Turley. The landlord, Simon Property Group Inc., represented itself.
Allegient LLC leased 3,904 square feet at 201 W. 103rd Street, Carmel. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, Virtu Meridian Associates, was represented by Adam Broderick of Jones Lang LaSalle.
Uniontape Inc. leased 3,079 square feet of industrial space in Stony Creek Business Park, 15260 Herriman Blvd., Noblesville. The tenant and landlord, Herriman & Keeler, were represented by Herb Feldmann of Lee & Associates.
Just Wingin' It leased 2,920 square feet of retail space at 1675 W. Smith Valley Road, Greenwood. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Bill French of Cassidy Turley. The tenant represented itself.
Global Smiles LLP leased 2,620 square feet of retail space in McFarland Marketplace, 8028 S. Emerson Ave. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, MLMT 2005-LCI Greensburg Crossing LLC, was represented by Cathy Richards, Cindy Hoskinson and Herb Feldmann of Lee & Associates.
Solar America Solutions LLC leased 2,500 square feet at 9239 Castlegate Drive. The tenant was represented by Andrew Clifford of 7D Commercial Real Estate. The landlord, Castlegate II Partners LLC., was represented by Tom Frank of Summit Realty Group.
Lunar Construction leased 1,690 square feet of industrial space in Stony Creek Business Park, 15266 Herriman Blvd., Noblesville. The tenant and landlord, Herriman & Keeler, were represented by Herb Feldmann of Lee & Associates.
Jen Daisy Boutique leased 1,400 square feet at Greenwood Springs Shopping Center, 1279 Emerson Ave., Greenwood. The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
KAJ LLC leased 1,200 square feet of retail space in Greenbriar Shopping Center, 1321 W. 86th St. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.
Truck insurer’s new jobs to boast gold-plated pay
The 133 full-time jobs the truck and auto insurer plans to add over the next five years will pay around $60 an hour, or nearly $125,000 a year.
Sales/acquisitions
-Indiana Continuing Legal Education Forum bought a 38,000-square-foot office building at 230 E. Ohio St. The seller, the Indiana Bar Foundation, was represented by Denice Michel, Jimmy Clark and Adam Broderick of Jones Lang LaSalle. The buyer represented itself.
-4930 Lafayette LLC bought a 29,380-square-foot retail building at 4930 Lafayette Road. The buyer was represented by Clint Fultz of Prime Site Brokers. The seller, Eagle Creek Shoppes Property Trust Ltd., was represented by Brian Knapp and Janice Paine of Colliers International.
-Popeyes Louisiana Kitchen bought 0.669 of an acre at County Line Road and Emerson Avenue. The buyer was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real. The seller, Fenneman & Brown Properties LLC, was represented by Craig Ramsay of Sitehawk Retail Real Estate.
-WF Industrial Properties VI LLC bought 1.69 acres in Brookville Crossing, 1520 Brookville Crossing Way. The buyer was represented by Patrick Lindley of Cassidy Turley. The seller, Brookville Crossing LLC, was represented by Shawn Deitch of Kaiser Land Co.
nFrame data center to get new identity
The change to the Expedient moniker is not expected to affect the center's 40 employees and 300 customers.
PROXY CORNER: MainSource Financial Group
Greensburg-based MainSource Financial Group is the holding company for MainSource Bank, which has 78 offices in Indiana, Illinois, Kentucky and Ohio.
ExactTarget loss widens as revenue grows
ExactTarget continues to spend down its sales gains so that it can grow its business.