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At issue is whether a state law prohibiting governors from facing a court subpoena applies in lawsuits over Gov. Mitch Daniels’ decision to cancel a nearly $1.4 billion contract with IBM to process welfare applications.
While myriad challenges remain, IndyCar's future might finally be pointed in the right direction.
WellPoint Inc. finally canned the head of its consumer business after a string of disappointing results, and the move hasn’t further spooked the company’s jittery investors. Although that’s not saying much.
Brasfield & Gorrie LLC has been hired as construction manager for a three-story, 126,870-square-foot expansion of St. Vincent Medical Center Northeast. The job also includes renovation of 6,000 square feet in an existing medical office building. The project is expected to be completed in March 2013.
Beth Patterson has been promoted to director of retail services for Colliers International, Indiana Region.
The average rate for 30-year mortgages increased from 4.12 percent to 4.14 percent for the week ended Feb. 8, according to Bankrate.com. The rate for 15-year mortgages rose from 3.34 percent to 3.36 percent.
-Phoenix of Texas LLC leased 66,000 square feet of industrial space at Sugarland Business Park, 12630 West Airport Blvd. The tenant was represented by Rick Suja of Colliers International. The landlord, Cobalt Industrial REIT, was represented by Cobalt’s Gray Bouchillon.
-Respiratory Partners Inc. renewed its lease and expanded to 7,200 square feet at 2461 Directors Row in Park Fletcher Business Center. The landlord, American National Insurance Co., was represented by Don Wahle of Harshman Property Services. The tenant represented itself.
-Language Training Center renewed its lease for 5,932 square feet at 5750 Castle Creek Parkway. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, Friedman Real Estate Group Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-McAlister’s Deli leased 5,454 square feet at Cool Creek Commons, 2550 E. 146th St., Carmel. The tenant was represented by Bill Talbott of The Talbott Group. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Best Buy Co. Inc. renewed its lease for 4,700 square feet of office space at Intech 11, 6625 Network Way. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Network Way Properties LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Watermark leased 4,410 square feet at 5875 Castle Creek Parkway. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate. The landlord, Friedman Real Estate Group Inc., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Radiology Associates of Indianapolis leased 3,402 square feet at Indiana American 2, 533 E. County Line Road. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, Legan Property Management Inc., was represented by Tim Norton and Jeff Merritt of Summit Realty Group.
-Designer Floors of Indiana leased 3,200 square feet at Avon Station, 8100 E. US 36, Avon. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-Physiotherapy Associates Inc. renewed its lease for 3,054 square feet at Indiana American 4, 549 E. County Line Road. The landlord, Legan Property Management Inc. was represented by Tim Norton and Jeff Merritt of Summit Realty Group. The tenant represented itself.
-Starmaker Studio for Performing Arts leased 2,100 square feet of retail space at Decatur Depot, 5021 S. Kentucky Ave. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
-American General leased 2,081 square feet of office space at 8604 Allisonville Road. The tenant was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The landlord, Citimark Management Co. Inc. was represented by Citimark’s Brian Fitzgerald.
-Evita Salon & Spa leased 1,956 square feet at Hamilton Crossing Centre, 12201 N. Meridian St. The landlord, KRG Hamilton Crossing LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.
-Phoenix Personnel leased 1,600 square feet of retail space at Eagle Creek Shoppes, 4930 Lafayette Road. The tenant was represented by Joe Tarpey of Colliers International. The landlord, Eagle Creek Shoppes Property Trust, was represented by Greg Smith of Colliers International.
-Marco’s Pizza leased 1,400 square feet at Green Street Square, 1521 N Green St., Brownsburg. The tenant was represented by Andrew Clifford of Clifford Realty. The landlord, Cranfill Development, was represented by Michael Cranfill of Sitehawk Retail Real Estate.
-Sports Clips leased 1,293 square feet at Hamilton Crossing Centre, 12201 N. Meridian St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, KRG Hamilton Crossing LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Shani’s Beauty & Eyebrow Arch leased 1,200 square feet of retail space at Eagle Creek Shoppes, 4930 Lafayette Road. The landlord, Eagle Creek Shoppes Property Trust, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
Jeff Hubley of MidAmerica Real Estate Group represented landlord Maquina Realty Inc. in leasing 1,080 square feet at Castleton Market Place to Phone Recycling Centers of America. The landlord’s broker was incorrect in last week’s Real Estate Weekly.
The three-block stretch that served as the Super Bowl Village will complement, not compete with, traditional downtown gathering places such as Monument Circle, officials said.
Sales of existing homes in the Indianapolis area are off to a strong start in 2012, with the number of sales agreements increasing 13.4 percent in January compared with the same month a year earlier.
Indianapolis police are investigating the apparent shooting death of a man found Sunday night in the 2300 block of North Kenwood Avenue. Police responded to a report of a person shot and discovered the yet-to-be-identified man with a gunshot wound lying inside a vehicle with its driver’s side door partially opened. Emergency crews arrived a short time later and pronounced the victim dead. An autopsy will be performed Monday to determine the exact cause of death.
-Wood Porsche RE LLC bought a 10,350-square-foot retail building at 3400 E. 96th St. The price wasn’t disclosed. The buyer was represented by Ross Reller of Colliers International. The seller, R. Scott Jeffares, represented himself.
-Team 100 LLC bought 10,800 square feet of retail space in a building at 7965 E. Pendleton Pike. The price wasn’t disclosed. The buyer was represented by Rob Christman and Greg Smith of Colliers International. The seller, Fifth Third Bank, represented itself.
-Victory 4 LLC bought 300,000-square-foot Building 56 in Park 100 at 5401-5499 Lakeview Parkway South. The price wasn’t disclosed. The buyer was represented by Mark Writt of CBRE. The seller, Duke Realty Corp., was represented by Duke’s Jay Archer.
-Raka LLC bought an 8,100-square-foot retail building at 1640 W. Oak St., Zionsville. The price wasn’t disclosed. The buyer was represented by Michael Lombardi of Marcus & Millichap. The seller, Aspen Gold-Zionsville LLC, was represented by Brad Untrauer of Baldwin Companies.
-SRT Holdings LLC bought a 13,860-square-foot office building at 1900 N. Meridian St. The price wasn’t disclosed. The buyer was represented by Jim Bittner of ReMax Real Estate Groups. The seller, Crossroads of America Council Boy Scouts of America Inc, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
Law enforcement officials in Tippecanoe and Boone counties are searching for three suspects in a robbery and attempted robbery early Monday morning. Lafayette police reported that three black men entered a Speedway Gas Station at 4325 State Road 26 East just after 2 a.m. and showed the clerk a gun. They took an undisclosed amount of cash and fled. About an hour later, thieves matching the same description attempted to rob a Circle K on State Road 334 in Whitestown, but were unable to leave with money, according to the Boone County Sheriff’s Office. The suspects were seen leaving both locations driving a black, two-door Pontiac Grand Am with custom wheels.
Riley Hospital for Children at Indiana University Health confirmed Monday that it was trying to eliminate bed bugs at the downtown facility. “An incidence of bed bugs was recently discovered,” according to a statement from IU Health. “To ensure the safety of our patients and families, we work closely with our infection control and environmental services departments to ensure the incident is isolated and dealt with in a timely manner." Fox59 has received photos of bed-bug bites from a man who claims his family has been dealing with the problem for more than two weeks while his newborn daughter stays at the hospital. The family said that hospital staff recently moved them to a new room.
Frontier Airlines will cut daily departures from Milwaukee by 44 percent to drop unprofitable flights as Indianapolis-based parent Republic Airways Holdings Inc. prepares to sell or spin off the carrier.
The legal battle stems from the governor’s decision to cancel a nearly $1.4 billion contract with IBM to process welfare applications.
Gas America, a family-owned chain founded nearly a century ago, has 88 locations, nearly all of which will be converted to the Speedway brand.
Nearly all of the 88 Gas America locations in Indiana, Ohio, to be converted to Speedway.
State legislators looking to phase out or scale back Indiana’s inheritance tax, which brings in some $150 million a year, say they would lean on anticipated money from online sales tax collections and growth in other revenues to make up the difference.
After losing their fight against right-to-work legislation, labor organizers are making a desperate bid on shop room floors and at union halls to persuade members to keep paying their union dues and avoid crippling labor’s influence in Indiana.
