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Carmel teens out of jail; coaches resign

May 18, 2010

Four Carmel High School basketball players charged in an assault investigation were released about 4:30 a.m. Tuesday after
posting bond. After an extensive investigation lasting several months, prosecutors decided to file charges against the four
seniors, who are accused of assaulting underclassmen. The misdemeanor charges were filed Monday against 19-year-old John Scott
Lazkowski, 18-year-old Oscar Falodun, 18-year-old Brandon Hoge and 19-year-old Robert Kitzinger. Meanwhile, during a meeting
Monday night, the Carmel Clay School Board announced three basketball coaches have resigned. Head Coach Mark Galloway resigned,
as well. Fox59 will have more at 4 p.m.

Interstate 70 shortcut getting an obstacle

May 18, 2010

INDOT plans to put a traffic signal on a well-known west-side shortcut from Interstate 465 southbound to I-70 East, a move
stemming from the rebuilding of Sam Jones Expressway.

IndyCar-NASCAR $20M deal has one big drawback

May 18, 2010

By moving its start time to 11 a.m., does the Indianapolis 500 play second fiddle to NASCAR's Coca-Cola 600? Is that the
future of The Greatest Spectacle in Racing?

Indiana Rep. Souder says he’ll resign over affair

May 18, 2010

Indiana Rep. Mark Souder announced Tuesday he would resign from Congress, effective Friday, because he had an affair with
a staffer.

Ticket giveaway: Sinatra on the canal

May 18, 2010

Indiana History Center prize package include entry into The Indiana Experience.

Tipton County Council to vote on Getrag site incentive

May 18, 2010

The $13 million bond would be used to lower the price of the abandoned plant to help lure a company that is considering
manufacturing solar panels at the site.

WellPoint meeting ends abruptly as Bush collapses

May 18, 2010

Board member William “Bucky” Bush, uncle of former President George W. Bush, appeared OK after a shortened meeting in which
shareholders approved
a “say-on-pay” proposal. Protesters gathered outside WellPoint’s headquarters after the meeting.

New home construction rises, but permits sink

May 18, 2010

A drop in building permits, a gauge of future activity, along with the expiration of a government tax credit for home purchases
suggest the construction gains could fade soon.

Center for the Performing Arts guessing game

May 18, 2010

Opening week lineup to be announced June 6 for new Carmel concert hall.

New monthly event aims to recruit downtown residents

May 18, 2010

Indianapolis Downtown Inc. is launching a new monthly event to encourage more people to live downtown just as real estate
brokers say interest in available homes is picking up.

Indiana Supreme Court turns to Twitter

May 18, 2010

Court-watchers can get legal updates in 140-character bursts instead of 140-page legal documents detailing court business.
Indeed, times are changing.

Tuesday is deadline to sign up for do-not-call list

May 18, 2010

Currently more than 1.7 million phone numbers are registered on the state's list. Indiana residents are encouraged to
add their residential phone numbers as another tool to prevent frauds and scams as well as unwanted telemarketing calls.

Workflow Test 1-2-3

May 18, 2010

This article is NOT to be published.  This only exists for testing purposes. 

It should be deleted if older than a week.

Housing

May 17, 2010

On a seasonally adjusted basis, the pace of mortgage loan activity increased 3.9 percent for the week ended May 7, according to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 4.96 percent from 5.02 percent the previous week. The rate for 15-year mortgages decreased to 4.32 percent from 4.34 percent.

Leasing/leasing contracts

May 17, 2010

-LH Express LLC leased 41,600 square feet of industrial space at 5252 Decatur Blvd. in the Ameriplex Business Park. The tenant, which is moving from a 15,000-square-foot location in Ameriplex, was represented by W. M. Weishaar of Cassidy Turley. The landlord, Prologis, was represented by Cassidy Turley’s Luke Wessel.

-Star Pipe Products extended its 30,000-square-foot lease at 6119 Guion Road. The tenant was represented by Stan Elser of Grubb & Ellis Harding Dahm & Co. The landlord, Grand Prix Properties, represented itself.

-Suburban Health Organization renewed its 14,210-square-foot lease at 2780 Waterfront Parkway, East Drive. The tenant was represented by Jay Gehl of Hokanson Companies Inc.  The landlord, New Boston Jacaranda L.P., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
 
-Picasso Lawn & Landscape LLC leased 6,000 square feet in the Near Northeast Business Center, 4330 Hull St.  Tony Hupp of Summit Realty Group represented the landlord, Hull & Sellers LLC, and the tenant.

-Royal United Financial Services LLC leased 5,025 square feet of office space at 7999 Knue Road. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.

-Quadrant Financial Inc. leased 4,537 square feet of office space at 6515 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.

-The Ohlson Group Inc. leased 3,058 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Nick Svarczkopf of CB Richard Ellis. The landlord, Zeller Management Corp., represented itself.
 
-Elwood Staffing leased 1,600 square feet at Applewood Centre on Scatterfield Road, Anderson. The landlord, Scatterfield Road Associates, was represented by Scott Gray of Sitehawk Retail Real Estate. The tenant represented itself.

-Spice Indian Grill Inc. leased 1,200 square feet at Northpark Shopping Center, 5436 W. 86th St.  The landlord, F&R Realty, was represented by Liz Yoho of Providence Development.  The tenant represented itself.

-Little Caesars Pizza leased 1,400 square feet at 3850 N. Post Road. The tenant was represented by Ron Mannon of Grubb & Ellis Harding Dahm & Co. The landlord, 3850 North Post Road LLC, was represented by Ryan Hurst of NAI Olympia Partners.  

-Standard Mutual Insurance Co. leased 2,508 square feet at Castle Creek I, 8604 Allisonvile Road, Suite 130. The tenant was represented by Steve Beals of Grubb & Ellis Harding Dahm & Co. The landlord, New Boston Castle Creek LP, was represented by Brian Fitzgerald of Citimark Management Co. Inc.

Sales/acquisitions

May 17, 2010

-Duran Property Group purchased 1.5 acres at the southwest corner of State Road 44 and Progress Parkway in Shelbyville Marketplace, a mixed-use development in Shelbyville. The price wasn’t disclosed. Duran, owned by Dr. Dan Duran, plans to start construction this spring on a 14,000-square-foot building on the site. It will house Duran’s chiropractic business and other tenants. The seller, Progress Parkway LLC, was represented by Thompson Thrift, which will be the exclusive leasing agent for the building. The buyer represented itself in the transaction.

-Aaron’s Rents purchased a .98-acre outlot near the southwest corner of State Road 44 and Progress Parkway in Shelbyville Marketplace, a mixed-use development in Shelbyville. The price wasn’t disclosed. The buyer was represented by Chris Hake of Thompson Thrift. The seller, Progress Parkway LLC, was represented by O.J. Stocker of Thompson Thrift.

Lilly Endowment’s value drops to $5.3 billion

May 17, 2010

Lilly Endowment announced Monday that its assets declined 7 percent, to $5.3 billion, in 2009, as the foundation continued
to lose money on Eli Lilly and Co. stock.

Flooding victims get more help two years later

May 17, 2010

Hoosiers still struggling to repair their homes following a 2008 flood still can get financial assistance thanks to money
left over from a United Way grant. Johnson County Community Organizations Active in Disasters has about $2.8 million left
from a $4.16 million grant thanks to lower-than costs so far. Flood victims have until June 7 to apply for reimbursement for
flood or storm-related debt.

Homicide rate calls mayor’s claim into question

May 17, 2010

Indianapolis recorded its third homicide in three days on Sunday, when police said Julian Brown was shot after kicking down
the door to his ex-girlfriend’s apartment. Witnesses told police that Brown and his ex-girlfriend had been arguing just
before dawn when he entered her residence at Mallard Cove Apartments on the city’s northeast side. He died on the way
to the hospital. Detectives are still searching for his assailant. Brown’s death comes at a time when Mayor Greg Ballard
says violent crime is down nearly 30 percent. But neighborhood crime watch groups disagree. Sunday's murder marks the
56th homicide in Indianapolis this year—compared to 32 at the same time last year.

Elementary school open after fire

May 17, 2010

Classes will carry on as scheduled at Fishers Elementary School today despite a fire at the school over the weekend. Fire
alarms sounded just before 1 a.m. Sunday. When crews arrived, they spotted smoke in the gym and flames in a storage and mechanical
room nearby. They put out the fire quickly. Damage was contained to just one wall, but investigators say they still don't
know the cause of the blaze.

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