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Castleton mall evacuated for gas leak

February 15, 2011

Castleton Square Mall was evacuated Tuesday morning as a precaution after a vehicle hit a gas meter outside of Macy’s about 7 a.m. Citizens Gas was able to quickly plug the leak, and the mall opened for business at its regular time of 10 a.m.
 

Former youth leader arrested

February 15, 2011

A former assistant director for the Youth Action Community Council in Lebanon has been arrested for theft. Police say Jill Parsons stole about $57,000 from the group's bank account. She was fired in December and turned herself over to police Monday. The YACC operates the Before and After School Experience program for Western Boone and Lebanon Community Schools.
 

Baby found safe after abduction

February 15, 2011

Indianapolis police say a baby girl taken from a day-care center at gunpoint by her mother on Monday has been found in good condition and placed with Child Protective Services. Shaniya Harden, 10 months old, was found in an apartment near 42nd Street and Post Road on the city’s east side. An Amber Alert had been issued after her mother, Shyane Harden, 19, went to Little Dreamers Day Care at 3905 Sadlier Drive and forcefully took the girl even though she no longer has custody of the child. The mother was arrested and faces charges of criminal confinement, neglect of a dependent, and violation of a court order.
 

Senate committee passes sentencing-reform bill

February 15, 2011

An Indiana Senate committee has passed a plan that would keep violent felons in prison longer and reduce punishments for many thefts and drug crimes.

Fair Finance trustee sues Indy attorney for $375,000

February 15, 2011

The loan from Fair Finance Co. to Stephen and Linda Plopper matured in 2006, but the couple has failed to satisfy the debt despite recent demands for payment, the suit alleges.

Labor fight: Carolina owner rattles Manning’s cage

February 15, 2011

Recent moves by NFL owners and players are putting Indianapolis' 2012 Super Bowl in serious jeopardy.

Arts notes from all over

February 15, 2011

A movie marathon at AMC, Adam Lambert’s Clowes Hall DVD, and more

Parking meter replacement set to begin in March

February 15, 2011

Affiliated Computer Services, which struck a deal late last year to manage the city’s parking meters, will begin replacing meters in downtown Indianapolis and Broad Ripple early next month.

DeVry Inc. plans to open local nursing school

February 15, 2011

The for-profit school would lease 24,000 square feet at its Keystone Crossing campus and employ 55 people in its nursing program at an average wage of $28.85 an hour. DeVry is requesting property-tax abatement to offset investment costs.

Indiana launches $250K ad blitz for Illinois businesses

February 15, 2011

State and local officials in northwest Indiana are investing $250,000 in billboards and television and print ads will appear across Illinois and target that state's personal and corporate tax increases.

New York Stock Exchange parent to be acquired

February 15, 2011

The parent company of the New York Stock Exchange says it has agreed to combine with the operator of the Frankfurt stock exchange, Deutsche Boerse.

Retail sales rise again despite severe weather

February 15, 2011

Shoppers pushed retail sales up for a seventh straight month in January, but the increase was the weakest since June.

GM to pay more than $400 million in worker bonuses

February 15, 2011

Less than two years after entering bankruptcy, General Motors will extend millions of dollars in bonuses to most of its 48,000 hourly workers as a reward for the company's rapid turnaround after it was rescued by the government. Workers in Kokomo could get $3,000.

Union sets Statehouse protest over GOP proposals

February 15, 2011

Organizers expect several hundred steelworkers for an Indiana Statehouse rally to protest a proposal reducing unemployment benefits for many laid-off workers and so-called right-to-work legislation.

Bill would send taxpayer cash to private schools

February 15, 2011

Indiana lawmakers will start the debate Tuesday on the most controversial plank of Gov. Mitch Daniels' sweeping education platform: a plan to use taxpayer money to help parents send their children to private schools

Construction

February 14, 2011

-S&B Construction Group is the contractor for the interior renovation of a 7,700-square-foot Advance Auto Parts store at 1663 Rangeline Road, Carmel.

-S&B construction Group has been awarded the interior demolition of the former Alcatraz Brewing Company restaurant at Circle Centre mall. Alcatraz is being replaced with a California Pizza Kitchen.

People

February 14, 2011

Pamela Roessner-Smith has joined Sycamore Group Associates Inc. as an agent.

Residential

February 14, 2011

On a seasonally adjusted basis, the pace of mortgage loan activity decreased 5.5 percent for the week ended Feb. 4, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 5.13 percent from 4.81 percent the previous week. The rate for 15-year mortgages increased to 4.29 percent from 4.13 percent.

Leases/leasing contracts

February 14, 2011

-Broyles Kight Ricafor leased 6,322 square feet at 8250 Haverstick Road. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Shepard & Poorman Investments, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.

-Markey’s Audio Visual leased 5,850 square feet of industrial space at 8434 E. 33rd St. The tenant was represented by Herb Feldmann and Cindy Hoskinson of Lee & Associates. The landlord, First Industrial, was represented by Brian Seitz and Steve Schwegman of Jones Lang LaSalle.

-Sylvester Service Experts leased 5,275 square feet at Madison Trace Business Center, Exit 19 and I-69, Pendleton. The landlord, Tower Pendleton LLC, was represented by Kurt Mathewson of Mathewson Willey Realty Advisors.  The tenant represented self.

-Horizon CPA expanded and renewed its lease for 3,576 square feet at 8604 Allisonville Road. The landlord, Castle Creek Office LLC., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.

-Indiana Retired Teachers Association leased 3,261 square feet at 2629 Waterfront Parkway, East Drive.  The tenant was represented by Jim Mount of Hokanson Cos. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.

-Dr. Ronald L. Banta leased 2,798 square feet at 3077 E. 98th St. The tenant was represented by Matt Kiger of Newmark Knight Frank Halakar. The landlord, BREOF Keystone REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Appia Communications leased 2,097 square feet at 8604 Allisonville Road. The landlord, Castle Creek Office LLC., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.

-Prime Lending, A Plains Capital Company, leased 1,966 square feet of office space in Library Park, 1700 W. Smith Valley Road, Greenwood. The tenant was represented by  Rick Trimpe of CB Richard Ellis. The landlord, Deegan Properties 107E LLC, was represented by Cathy Richards of Lee & Associates.

-Intrepid Financial Planning Group LLC leased 1,689 square feet at 3021 E. 98th St. The landlord, BREOF Keystone REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

-IT Business Solutions leased 1,100 square feet at 2611 Waterfront Parkway, East Drive. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.  

-Gradex Inc. leased 590 square feet of office space in Fall Creek Harbour Shoppes, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

Sales/acquisitions

February 14, 2011

Park Madison Investors LLC bought the 56-unit Park Madison Apartments at 614 Park Madison Drive, Greenwood. The price wasn’t disclosed. The seller, Regal Development LLC, was represented by Joe Esselman and Catherine Esselman of Penn Real Estate Inc. The buyer represented itself.

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