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Republican Richard Mourdock and Democrat Joe Donnelly faced off Monday for the first time in a debate that saw them repeating many of the hard-edged charges that have marked their contentious campaign to be Indiana's next U.S. senator, but they landed few blows.
The Indianapolis City-County Council approved a budget Monday night that relies on a $15 million payment from a tax-exempt entity, likely setting the stage for a legal battle, plus difficult negotiations with Mayor Greg Ballard.
-Ambrose Property Group LLC bought Circle Tower, a 110,000-square-foot office building at 55 Monument Circle. The buyer was represented by Aasif Bade of Ambrose Property Group. The seller, Winthrop Management LLC, was represented by Matt Langfeldt, Rich Forslund and Alex Cantu of Summit Realty Group.
-Michigan Realty LLC bought Crooked Creek Centre, a 52,491-square-foot retail center at 79th Street and Michigan Road. The seller, Crooked Creek Centre CSFB 2004-C3 LLC, was represented by Kevin Broderick and Matt Gray of CBRE. The buyer represented itself.
-Zionsville Realty Partners LLC bought an 80,460-square-foot industrial property at 7750 N. Zionsville Road. The buyer was represented by Chip Barnes and Matt Dickerson of Jones Lang LaSalle. The seller, C III Asset Management, was represented by Michael Weishaar of Cassidy Turley.
-Triple HB Ventures LLC bought a 14,040-square-foot industrial property at 1740 S. High School Road. Both the buyer and seller, Black-Hebert Lumber Co., were represented by Fritz Kauffman of Cassidy Turley.
-Hachette Book Group renewed its 809,225-square-foot lease in Lebanon Business Park Building 2 and its 395,679-square-foot lease in Lebanon Business Park Building 9. The tenant was represented by Terry Busch of CBRE. The landlord, Duke Realty, was represented by Duke’s Jay Archer.
-The McGraw-Hill Cos. renewed its lease for 66,338 square feet in Park 100 Building 48. The tenant was represented by Terry Busch of CBRE. The landlord, Duke Realty, was represented by Duke’s Jay Archer.
-Sundance Enterprises, Inc. leased 35,152 square feet of industrial space at 3902 Hanna Circle. The tenant was represented by Michael Weishaar and Bennett Williams of Cassidy Turley. The landlord, Prologis, was represented by Chris Black of CBRE.
-Promise Place Ministries leased 8,120 square feet of office space in Georgetown Commerce Park, 7301 Georgetown Road. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, Mann Properties Management LLC, represented itself.
-Professional Psychological Services LLC leased 4,493 square feet of office space in Green on Meridian, 10293 N. Meridian St. The tenant was represented by Bob Lindgren of Lee & Associates. The landlord, GPI Office Properties II LP, was represented by John Robinson and James Clark of Jones Lang LaSalle.
-Gamerz leased 3,600 square feet of retail space at Greenwood Corner Shops, 8735 U.S. 31 South. The landlord, Green Meadows Shopping Center LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-Gentle Dentist leased a 3,504-square-foot stand-alone retail building at 61 E. 96th St. The tenant was represented by Matthew Broderick and Thomas Cortese of Acorn Group Inc. The landlord, Meridian North Investments LP, was represented by Tiffany Oliver of Landmark Properties Inc.
-Firehouse Subs leased 2,400 square feet of retail space at Franklin Shoppes, 1707 N. Morton St., Franklin. The tenant was represented by Keith Stark of Situs Realty Corp. The landlord, Franklin Shoppes LLC, was represented by Brady Clements of Skyline Property Group.
-Southern Kitchen leased 2,200 square feet of retail space in North by Northeast, 7854 E. 96th St., Fishers. The landlord, NNE Associates LLC, was represented by Robyn Smart of Lee & Associates. The tenant represented itself.
-C.H. Garmong & Son Inc. leased 2,054 square feet of office space at 4444 Decatur Blvd. The tenant was represented by Ross Reller of Colliers International. The landlord, MPC Ventures LLC, was represented by Brian Dell of Summit Realty Group.
-Footloose Foot Spa leased 2,000 square feet of retail space at County Line Corner Shops, 8936 St. Peter Street. The landlord, County Line Corner Shops LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-Ossip Optometry leased 1,600 square feet of retail space at Heartland Village Shoppes, 8411 Windfall Lane, Camby. The landlord, Heartland Village Shoppes, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-Ella’s Frozen Yogurt leased an additional 1,280 square feet of retail space at Fairview Corners, 520 N. State Road 135, Greenwood. The landlord, Fairview Corners LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-Kirby Vacuum leased 1,240 square feet of retail space at Green Meadows Shopping Center, 1526 N. State St., Greenfield. The tenant was represented by Matt Crawford of Scott Veerkamp Real Estate. The landlord, Green Meadows Shopping Center LLC, was represented by Brady Clements of Skyline Property Group.
-PDP Creations leased 1,000 square feet of retail space in Greenbriar Shopping Center 1265 W. 86th St. The tenant and landlord, Prime Property Fund VIII, were represented by Nick Smyrnis of Lee & Associates.
The average rate for 30-year mortgages rose from 3.52 percent to 3.59 percent in the week ended Oct. 10, according to Bankrate.com. The rate for 15-year mortgages rose from 2.84 percent to 2.88 percent.
-Capitol Construction has completed a 20,600-square-foot office build-out for Finish Master at 115 W. Washington St.
-Capitol Construction has completed a 6,350-square-foot office build-out for Keller Williams at 8555 River Road.
-Capitol Construction has completed a 2,500-square-foot retail build-out for Pancheros Mexican Grill at 4335 E. 82nd St.
Expiring leases have prompted at least five major users of downtown office space to assess whether to renew or relocate.
Local government and business leaders are working to support continuing daily Amtrak passenger trains between Chicago and Indianapolis that could end because of a federal and state funding dispute.
Indianapolis taxpayers wondering what their property is worth might have to wait until December because of widespread errors discovered in local assessments.
The Indiana National Guard has asked for a study into the economic impact that the thousands of additional soldiers training at Camp Atterbury have had on the surrounding area.
Indianapolis-based medical-device maker Catheter Research Inc. will receive a new kind of sterilization machine in December that it hopes will reduce costs and wait times for medical-device companies in the Midwest—including itself.
An Indianapolis man was taken to the hospital Monday morning after the sport-utility vehicle he rode in crashed into a tree near Shelby Street and Bradbury Avenue. Passenger Monty Stickles had to be freed from the vehicle by emergency personnel and suffered possible orthopedic injuries. Driver Gabriel Burgin said he had a problem with the vehicle’s gas pedal. He declined treatment.
A police pursuit ended with a van striking a house near East Stop 11 Road and Madison Avenue early Monday morning. Indianapolis police were chasing a couple suspected of breaking into cars in a nearby neighborhood when the van lost control and rammed into the home in the 8200 block of Topaz Drive about 12:30 a.m. A man driving the vehicle fled the scene on foot, but police caught his female passenger. The homeowner said debris from the crash missed him by inches as he sat on his couch watching TV.
Eli Lilly and Co. shares rose nearly 5 percent Monday morning after it said a study found that its experimental stomach-cancer drug helped patients with advanced disease live longer.
A lender has filed to foreclose on the Uptown Business Center, a neighborhood retail building at the southwest corner of 49th Street and College Avenue that a local developer had hoped to use as a springboard to revitalize the intersection.
Ron Thieme, who took over as president and CEO of AIT Laboratories during a management shakeup earlier this year, is leaving the company, the Indianapolis-based firm announced Monday morning.
Home-sale agreements in the nine-county Indianapolis area rose 3.8 percent in September, the 17th consecutive month of improvement in sales contracts.
Indiana's Senate battle is one of about a half-dozen tight races across the county that will decide whether Democrats or Republicans control the Senate.
Eli Lilly and Co. has apparently made major medical history by being the first to develop a drug that alters the course of Alzheimer’s disease. But whether Lilly can be the first to make major money from a disease-altering Alzheimer’s drug is still in doubt.
Kevin Speer, chief strategy officer of the St. Vincent Health hospital system, will become CEO of Danville-based Hendricks Regional Health on Nov. 19. Speer will replace Dr. John Sparzo, who has been serving as interim CEO since the retirement in May of Dennis Dawes, who had led Hendricks Regional for 38 years. Speer, an attorney, worked for the Indianapolis law firm Hall Render Killian Heath & Lyman before joining St. Vincent in 2006. He holds a law degree from Valparaiso University and a bachelor’s from Purdue University. In addition to its hospital in Danville, Hendricks Regional operates health care facilities in Avon, Bainbridge, Brownsburg, Lizton and Plainfield.
