Indiana moves up in med tech rankings
Medical technology companies employed 19,950 Hoosiers in 2007 and supported another 35,000 jobs in supplier companies, according
to an analysis funded by an industry trade group.
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U.S. Senate confirms Indiana’s Pratt as federal judge
Tanya Walton Pratt is set to become Indiana’s first African-American federal judge and one of four female jurists on Indiana’s federal
bench.
Fairbanks Foundation gives $20M to IUPUI public health school
The Indianapolis-based Richard M. Fairbanks Foundation is contributing $20 million to support IUPUI’s effort to open
a school of public health.
Democrat Williams drops out of race for mayor
Brian Williams said Tuesday that he is dropping his bid to challenge Mayor Greg Ballard in 2011, paving the way for front
runner
Melina Kennedy to represent the Democrats.
Loss of southern Indiana rail line worries communities
Some southern Indiana communities are worried about the economic impact of CSX Transportation's decision to stop running
trains on a 62-mile rail line.
Herron High School ranked among nation’s best
Newsweek's list of top high schools, released Monday, ranks more than 1,600 schools, including 28 in Indiana.
‘Pure Prine’ returning to the Phoenix
Acclaimed John Prine musical to be restaged for August/September run.
Indiana highway site of $2M cocaine bust
More than 50 pounds of cocaine are in the hands of Indiana State police. A trooper stopped a semi Monday morning for a routine
inspection on Interstate 70 near New Castle. After talking to the driver and passenger, the trooper called for help and searched
the semi. Investigators found cocaine inside the trailer valued at more than $2 million. The truck driver and passenger were
both arrested. Investigators say the cocaine was on its way from California to New Jersey.
Attorney may ask for federal investigation
The attorney for one of the Carmel High School assault victims could ask for a federal investigation into the case. Robert
Turner believes the grand jury was "unfairly influenced" when it charged four former basketball players with misdemeanors.
He believes students from a lower social status would have been charged with felonies. He plans to subpoena the grand jury
evidence as part of a multi-million dollar lawsuit filed by the victim's family.
Robber breaks through wall to get into store
Speedway police are looking for a robber who broke into a Dollar General store by breaking through a wall with a sledge hammer
or similar tool. An employee said when she arrived at the Cunningham Road location Monday morning, she saw a man hiding behind
boxes. He pointed a gun at her and another employee, bound their feet and hands with plastic draw straps and locked them in
a broom cabinet. Store managers think the robber got away with about $6,000. Fox59 will have more at 4 p.m.
How federal pork suppresses business
A Harvard study shows companies suffer when politicians deluge their states with federal dollars.
NBA union boss says owners’ loss claims are “baloney”
As the city's Capital Improvement Board negotiates a lease deal with the Indiana Pacers, NBA Players Association chief
Billy Hunter claims league owners are being less than forthright about their financial status.
JMV already boosting The Fan’s ad revenue
Even before ratings arrive, WFNI-AM 1070 officials said they have signed two major advertisers this month due to the recent
hire of new afternoon host JMV.
Report says Blue Cross worst in insurance claim accuracy
One in five medical claims is processed inaccurately by commercial health insurers—and a unit of Indianapolis-based
WellPoint Inc. does even worse—often leaving physicians shortchanged, according to the nation's largest doctor's
group.
Young workers help Indiana parks during cutbacks
Indiana Department of Natural Resources spokesman Phil Bloom said the 1,665 young workers hired by the DNR will help seasonal
workers with important maintenance work at many of the state’s 24 state parks and dozens of other properties.
Housing
On a seasonally adjusted basis, the pace of mortgage loan activity decreased 12.2 percent for the week ended June 4, according
to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.81 percent from 4.83 percent the previous
week. The rate for 15-year mortgages increased to 4.26 percent from 4.24 percent.
Construction
-Kort Builders started construction of a 2,400-square-foot restaurant space for Dunkin Donuts at 5620 N. Michigan Road.
-Kort Builders started an exterior remodeling for Mr. Wise Buys Flooring at 4640 Lafayette Road.
Sales/acquisitions
Donatos Pizza sold a 2,793-square-foot building on one-acre of land at 16940 Clover Road, Noblesville, to Farmers Bank. The
price wasn’t disclosed. The seller was represented by Jeff Hubley of Midland Atlantic. The buyer was
represented by Michael House of Peacock & Associates.
Leasing/leasing contracts
-Third-party logistics provider OHL leased 507,544 square feet at 281 Airtech Parkway, Plainfield. The tenant was represented by Andrew Morris, Jeremy Woods, Matt McGrady and Jon Shuel of Summit Realty Group and Randy Wolcott of Brentwood, Tenn.-based ProVenture. The landlord, ProLogis, represented itself.
-NETech Corp. leased 14,846 square feet at Carmel Tech Center, Building III, Carmel. The tenant was represented by Zane Brown of CB Richard Ellis. The landlord, Atapco Carmel Inc., was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.
-American Surety Co. leased 10,737 square feet in Parkwood One, 250 E. 96th St. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, Duke Realty, represented itself.
-Cassidy Turley leased 4,480 square feet at Market Tower, 10 W. Market St. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Andrew D. Martin of Cassidy Turley. The tenant represented itself.
-Shebella’s Pizza & Deli leased 3,280 square feet at Indy Pavilions, 7035 E. 96th St. The landlord, Sandor Development, was represented by Jamison Downs and John Holloway of Sandor. The tenant represented itself.
-Fishers Urgent Care leased 2,800 square feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.
-Brain Balance leased 2,020 square feet of retail space in Park Meridian, 9510 N. Meridian St. The tenant was represented by Del DeMao of Cassidy Turley and Andrew Clifford of Clifford Realty. The landlord, Landmark Properties Inc., was represented by Russell VanTil of Cassidy Turley.
-Urthtones Salon & Spa leased 1,848 sqare feet of retail space at Fishers Corner Shopping Center, 11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, and tenant were represented by Adam Crockett of Innovative Real Estate Inc.
-Tuchman Cleaners renewed its 1,908-square-foot lease at Northbrook Shopping Center, 1475 West 86th St. The landlord, 86th & Ditch Road Realty Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Subway leased 1,720 square feet at Precedent Retail Center, 3855 E. 96th St. The tenant and landlord, The Retail Center at Precedent Park LP, were represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Edward Jones leased 1,477 square feet at 8440 Woodfield Crossing. The tenant was represented by Darrin L. Boyd of Cassidy Turley. The landlord, Woodfield II & III LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Kiss Kiss Bang Bang leased 1,300 square feet at Fishers Town Center, 116th Street and Fishers Point Boulevard, Fishers. The landlord, The Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.