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Sales/acquisitions

-CABOT Properties bought a 163,200-square-foot, multi-tenant warehouse at 2011-2121 Southtech Drive, Greenwood. The price wasn’t disclosed. The seller, RBA LLC, a joint venture of Browning Investments and Republic Development, was represented by J. Jeffrey Castell and Angela J. Wethington of Cassidy Turley. The buyer represented itself.

-Boehning Way LLC bought 1.5 acres of land at 2140 N. Boehning Way. The price wasn’t disclosed. The seller, GH Properties LP, was represented by Tracey Holtzman of Midland Atlantic. The buyer represented itself.

Correction

Sarah Herd leased 1,500 square feet in Sycamore Springs Office Park, 4725 Statesman Drive, Suite F. A lease announcement in last week’s Real Estate Weekly misidentified the tenant.

IBM putting Watson to work in health insurance

IBM’s supercomputer system, best known for trouncing the world’s best “Jeopardy!” players on TV, is being tapped by one of the nation’s largest health insurers to help diagnose medical problems and authorize treatments.

Man shot outside local restaurant

Indianapolis police are investigating an overnight shooting near 34th Street and Arlington Avenue that sent the victim to Wishard Hospital with multiple gunshot wounds. The victim, who is in critical but stable condition, left The Point Restaurant & Lounge just before the shooting.

Apartments gutted by fire

A northwest-side apartment building was hit by two fires within 12 hours Sunday afternoon and early Monday morning. Guion Creek Apartments, in 5900 block of Guion Road, was heavily damaged by fires that occurred at 2 p.m. Sunday and 1 a.m. Monday. No injuries were reported but at least six families have been displaced. Investigators are trying to determine the cause of the fires and whether they were related.

Man dies after crash into semi

A man died Monday morning when the Buick Skylark he was driving slid under the back of a semitrailer in the 2400 block of North Shadeland Avenue. Indianapolis police said the semi was just starting to pull forward at a traffic signal about 5:50 a.m. when the car ran into it. There were no skid marks at the scene to indicate the driver of the car tried to brake before impact. Police said they don’t believe alcohol was a factor in the crash.

Home-sale agreements rise in Indianapolis area

Pending home sales in the nine-county metropolitan area climbed 7 percent in August compared with the same month a year ago, marking the fourth straight month of year-over-year increases.

Closed Indiana-Kentucky bridge creates rush-hour fiasco

Commuters traveling Monday between Indiana and Kentucky became mired for miles on end in unfamiliar travel patterns with few alternatives as the emergency closure of a bridge crossing the Ohio River left only two spans remaining, detouring tens of thousands.

After 9/11, searching for American optimism

A volley of cataclysmic events—two far-off wars, Hurricane Katrina and its aftermath and, for the past four years, serious economic downturn—has worn down the national psyche.

No more mail? What would Ben Franklin think?

Hanging in the balance is a $1.1 trillion mailing industry that employs more than 8 million people in direct mail, periodicals, catalogs, financial services, charities and other businesses that depend on the post office.

Cummins to sell light-duty filtration business

Engine-maker Cummins Inc. said Thursday that it will sell its light-duty filtration operations to Industrial Opportunity Partners LLC, a private equity firm run by one of its executives.