Safety chief says more security likely at events
Indianapolis will increase security at upcoming events such as the 500 Festival Mini-Marathon and Komen Race for the Cure, but spectators likely won’t notice the changes, Troy Riggs said.
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Stock market rebounds from worst day of the year
Good news on housing and earnings Tuesday morning helped stocks recover from a dismal Monday, when stocks suffered their biggest one-day decline since November.
Woman’s remains discovered in Brown County
A southern Indiana coroner said skeletal remains found at a remote site in Brown County are those of a woman who had been dead two years or more. Mushroom hunters found the remains last Thursday in a rugged, wooded area that's a long hike from a rural road. The woman's age has not been determined, and identification might take a week or more.
Man found shot at apartments
A man found suffering from a gunshot wound at a west-side Indianapolis apartment complex was taken to Wishard Hospital in serious condition early Tuesday morning. Michael Lauray, 23, was discovered about 1 a.m. in the 5800 block of Magdalene Drive, at Westlake Apartments, but detectives aren’t sure if he was shot at the site. Police said they have no witnesses or suspects.
Ballard: New $6M complex will help attract world sports
Mayor Greg Ballard revealed in India Tuesday that Indianapolis hopes to host the inaugural United States Cricketing Championship next year. The venue would be a little-discussed park on the east side undergoing a $6 million transformation.
School employee fired after charges
A Pike Township schools employee was fired Monday after being arrested Sunday on preliminary charges of child molesting. John White, 27, an instructional assistant at Lincoln Middle School, is accused of sexually abusing a 13-year-old boy in White’s home. White told detectives the teen had slept overnight at his home about 10 times, but he denied any sexual contact. Two male teenage foster children staying with White were removed by the Department of Child Services.
UPDATE: Lawmakers with ties to $2.8B plant dilute measures
Two Indiana lawmakers have spent the legislative session watering down opposition to a proposed $2.8 billion coal-gasification plant that would likely benefit their employers.
Pence sees hope for tax cut in better budget forecast
Expectations that Indiana will collect $290 million more in taxes have Gov. Mike Pence's team optimistic they can win a $500 million cut in the state's personal income tax this session.
Colts confident they can sell new luxury suites
Colts officials say local demand remains high for suites, even as other NFL teams struggle, and that season-ticket renewals are at 95 percent. The city will foot the $2 million bill for two new suites at Lucas Oil Stadium.
Four ex-IRS call center workers convicted of fraud
The four individuals received more than $30,000 in jobless benefits while working at an IRS call center in Indianapolis.
House OKs high-fence hunting bill, but fate murky
Supporters of the bill say it is needed to resolve an eight-year-old lawsuit over attempts by the Indiana Department of Natural Resources to shut down the existing deer preserves.
Construction
Capitol Construction has completed a 2,800-square-foot retail build-out for Yo Yo Yogurt at 6685 E. State Road 334, Zionsville.
Residential
The average rate for 30-year mortgages fell from 3.73 percent to 3.64 percent for the week ended April 10, according to Bankrate.com. The rate for 15-year mortgages fell from 2.95 percent to 2.89 percent.
Leases/leasing contracts
-TF Publishing leased 115,000 square feet at 4200 Industrial Blvd. The tenant was represented by Mark Writt of CBRE. The landlord, Roll International Corp-Paramount Farms, was represented by Steven Schaub and Matt McGrady of Summit Realty Group.
-Health Care Excel Inc. leased 16,044 square feet at 2601 Metropolis Parkway, Plainfield. The tenant was represented by Yumi Prater of Colliers International. The landlord, Edgewood Capital Advisors LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-CDC Distributors leased 6,906 square feet of industrial space at 4625 W. 86th St. The tenant was represented by Joe Lonnemann of Ambrose Property Group. The landlord, Biynah Industrial Partners LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.
-Presto Business Technologies LLC leased 6,800 square feet of industrial space at 8435 Georgetown Road. The landlord, Biynah Industrial Partners LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley. The tenant represented itself.
-Midwest Structural Products Inc. leased 5,250 square feet at 146 South Park Blvd., Greenwood. The tenant was represented by Keith Turnbill of RE/MAX Select Realtors. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.
-Cynthia Bangda Inc. leased 3,600 square feet of industrial space at 5303-5331 W. 86th St. The landlord, Forester Properties Inc., was represented by Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Indianapolis Ballet dba Indianapolis School of Ballet leased 2,450 square feet of office space at 500 N. Capitol Ave. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Cadillac Building Inc., was represented by Scott Lindenberg of Reliant Partners LLC.
-Optical Technologies Inc. renewed its lease for 2,224 square feet at 62 South Park Blvd., Greenwood. The tenant, Optical Technologies Inc., was represented by Pam Smith of Realty World. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.
-Unique Insurance Co. leased 1,759 square feet of office space at 3500 DePauw Blvd. The tenant was represented by Brooke Sipe of Alliance Commercial Real Estate. The landlord, Sterling American Property Inc., was represented by Bennett Williams, Dave Moore and Darrin Boyd of Cassidy Turley.
-Johnson Grossnickle & Associates Inc. has expanded its lease by 1,318 square feet to occupy a total of 6,083 square feet at 29 South Park Blvd., Greenwood. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group.
-Rick Borges Real Estate Service Inc. has leased 1,086 square feet at 27 S Park Blvd., Greenwood. The landlord, South Park Group LLC, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
Sales/acquisitions
-Balkan Realty LLC bought a 1,400-square-foot office suite at 12574 Promise Creek Lane, Suite 112, Fishers. The seller, First Financial Collateral Inc., was represented by Paul Dick and Kevin Dick of Colliers International. The buyer represented itself.
-Baldwin & Lyons Inc. bought a 180,000-square-foot building at 111 Congressional Blvd., Carmel. The buyer was represented by Matt Langfeldt, Rich Forslund and Matt Waggoner of Summit Realty Group. The seller, Lauth Property Group, was represented by Rick Trimpe and John Vandenbark of CBRE.
Falling commodities give Dow worst day of the year
The Dow Jones industrial average tumbled 265.86 points Monday to close at 14,599.20, a decline of 1.8 percent.
Lower tuition OK’d for some illegal immigrants
Persons who entered the country illegally and were attending Indiana public colleges when a state immigration law passed two years ago would again be eligible for in-state tuition rates under a bill approved by the Indiana House.
Carmel arts funding delayed until council gets answers
Public funding for arts organizations in Carmel is on hold until City Council members are satisfied with Mayor Jim Brainard’s plans to close a seven-figure budget shortfall.
House OKs IMS bill, despite dispute over funding source
A bill to help pay for $100 million in improvements at the Indianapolis Motor Speedway passed the House on Monday—but only on its second try, as some lawmakers expressed frustration about tapping horse racing money for the projects.