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Leasing/leasing contracts

October 24, 2011

-David A. Noyes & Co. leased 38,880 square feet at One West in Parkwood West, 250 W. 96th St. The tenant was represented by Bill Ehret of Summit Realty Group. The landlord, Duke Realty, represented itself.

-Universal Recycling Technologies leased 25,600 square feet in Park 100 Building 59, 8002-42 Woodland Drive. The tenant was represented by Bill Drinkall of NAI Harding Dahm. The landlord, Duke Realty, was represented by Duke’s Glenn Davis.
 
-Quick Ship Brands leased 19,181 square feet in Park Fletcher Building 39, 2910 Fortune Circle West. The tenant was represented by Chris Black of CBRE. The landlord, Duke Realty, was represented by Duke’s Glenn Davis.

-Cascade Asset Management leased 15,672 square feet in the Mitchell Building at AmeriPlex, 5125 Decatur Blvd. The tenant was represented by Kelly Williams of Cassidy Turley. The building owner, Holladay Properties, was represented by Matt Dickerson of Jones Lang LaSalle and Dan Phair of Holladay Properties.

-Goodwill Industries of Central Inc. leased 15,075 square feet at Geist Pavilion, 11501 Geist Pavilion Drive, Fishers. The tenant was represented by Bill French of Cassidy Turley. The landlord, 116th & Olio LLC, was represented by Jeff Wright of Kite Realty Group.  

-Exodus leased 12,000 square feet of space at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, National Bank of Indianapolis, was represented by Ashley Bussell, Ralph Balber and Conrad Jacobs of Newmark Knight Frank Halakar. The tenant represented itself.

-IDI Composites International leased 9,750 square feet of space at 3477 E. Conner St., Noblesville. The tenant was represented by Walter Freihofer of Freihofer Inc. The landlord, Kahlo III LLC, was represented by Bob Lindgren of Lee & Associates.

-Boom Bozz Pizza & Tap House leased 5,554 square feet at Cool Creek Commons, 2454 E. 146th St., Carmel. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.
 
-Dynamique Auto Dealer Services Inc. leased 3,547 square feet at Fidelity Plaza Tower II,11350 N. Meridian St., Carmel. The tenant was represented by Brooke Augustin of Alliance Commercial Real Estate. The landlord, HUB Properties GA LLC, was represented by Matt Waggoner and Tom Hadley of Summit Realty Group.

-Dibella’s Subs leased 3,200 square feet at Traders Point II, 5640 W. 86th St. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, Kite West 86th Street II LLC, was represented by Andrew Hasbrook of Kite Realty Group.

-Hycore Biomedical Inc. subleased 3,109 square feet in Keystone Office Park, 3021 E. 98th St. The sublessee was represented by Tim Hull of CB Richard Ellis.  The sublessor, St. Jude Healthcare, was represented by Brooke Augustin of Alliance Commercial Real Estate.

-The Web Guys leased 3,073 square feet of office space at SePRO Tower, 11550 N Meridian St., Carmel. The landlord, SePRO Corp., was represented by Bill Ehret and Alex Cantu of Summit Realty Group. The tenant represented itself.

-Apezza Pizza has expanded its lease to 2,420 square feet at Fall Creek Harbour Shoppes, 10150 Brooks School Road, Fishers. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates. The tenant represented itself.

-FCStone, LLC leased 2,300 square feet at 1155 Parkway Drive, Zionsville. The tenant was represented by Leslie Bonacker of CresaPartners. The landlord, Southpark Investments LLC, was represented by Tammy Kelly of RE/MAX Ability Plus Commercial Division.

-TeaBuds Brewing Co. leased 975 square feet of retail space in Old Town on The Monon, 111 W. Main St., Carmel. The landlord, Barrett & Stokley, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.

Sales/acquisitions

October 24, 2011

Jordan-Loews LLC bought an 8,000-square-foot office building at 810 Loews Blvd., Greenwood. The price wasn’t disclosed. The seller, ONB Realty, was represented by Keith Dedrick of Corporate Commercial Group. The buyer represented itself.

East 10th Street retail gets a boost

October 24, 2011

Two veterans of vintage retail are teaming up to open a store on a near-east-side corridor that’s getting renewed attention from the 2012 Super Bowl Legacy Project.

Lilly: Vendors key after Zyprexa patent loss

October 24, 2011

Lilly’s patent-loss challenges—the biggest of which takes effect today—will force the company to rely even more on its 1,300 Indiana vendors.

Plumbing issues close 2 Fishers parks

October 24, 2011

Brooks School Park and Cumberland Park in Fishers have been closed until further notice, the town of Fishers announced yesterday, due to plumbing issues. Fishers officials said a lift-station failure and sewage backup in the vicinity of 116th Street and Brooks School Road are causing the problems. Hamilton Southeastern Utilities crews are working to fix the problems.
 

IndyCar drivers meet about safety

October 24, 2011

IndyCar Series CEO Randy Bernard has called a drivers meeting for Monday at Indianapolis Motor Speedway to discuss safety issues in the wake of the death of driver Dan Wheldon. Bernard said it made sense to conduct the meeting now because most of the drivers were already in the city for Sunday’s memorial service. Wheldon, a two-time winner of the Indy 500, died from injuries suffered in a 15-car accident at the Las Vegas Indy 300 on Oct. 16. Thousands of people attended the public service at Conseco Fieldhouse.
 

Store clerk still in critical shape

October 24, 2011

The family of an Indianapolis convenience store clerk shot in the head during a robbery says her prognosis is uncertain and that she’s been placed in a medically induced coma. Marcell Birnell, 45, was shot early Friday while working at a Village Pantry store at West 86th Street and Ditch Road. Birnell has frequently worked the night shift at the store for nearly 10 years. A 15-year-old student at nearby North Central High School has been arrested on preliminary charges of attempted murder and attempted robbery.
 

WellPoint competitor Cigna buying HealthSpring

October 24, 2011

Cigna Corp. will buy fellow health insurer HealthSpring Inc. in a $3.8 billion deal as it becomes the latest managed care company to snap up a bigger share of the fast-growing Medicare Advantage market.

Flexibility lets firms focus on products, not processes

October 24, 2011

Can small-business owners afford to loosen their control of employees’ schedules? Can they afford not to?

Insurance mandate lacks teeth, WellPoint CFO says

October 24, 2011

As constitutional challenges to the health reform law’s mandate to buy insurance advance, WellPoint Inc.’s chief financial officer reiterated that the company does not object to the mandate, just to its lack of penalties.

IBJ Movie Night: ‘Anonymous’

October 24, 2011

Roland Emmerich’s latest film dramatizes Shakespeare authorship fringe theory

Lou Harry’s A&E template

October 24, 2011

Rival trucking firm not interested in Celadon merger

October 24, 2011

USA Truck Inc. has turned down a meeting with Indianapolis-based trucking rival and investor Celadon Group Inc. to discuss a possible merger.

You-review-it Monday

October 24, 2011

What did you hear, see or do this weekend?

Restaurant roundup: Yo Joy, Which Wich, Wolfies & more

October 24, 2011

Lots of new restaurants and frozen-yogurt spots are coming to Indianapolis.

Republicans plan early strategy to win back Indiana

October 24, 2011

Indiana Republicans took their first presidential loss in 40 years when Barack Obama carried the state. To return the state to the GOP column and nail it there, national Republicans say they plan to treat Indiana as if it were a long-standing battleground state.

Farmers brace for spike in crop input costs

October 24, 2011

A Purdue ag economist says preliminary budgets show variable costs for rotation corn increasing by 16 percent, soybeans by 15 percent and wheat by 12 percent when compared with last January.

Changes to state fair unlikely in 2012 legislative session

October 23, 2011

Indiana lawmakers look ready to wait at least a year before changing any laws in response to the stage collapse that killed seven at this summer’s Indiana State Fair. And that’s if they change anything at all.

I-69 rejection could affect bus service in Bloomington

October 23, 2011

Buses in Bloomington and on the Indiana University campus could lose funding starting in 2014 if local officials don’t include Interstate 69 in their transportation infrastructure plans.

‘Survivor’ all-star Boneham to run for governor

October 22, 2011

“Survivor” fan favorite Rupert Boneham announced Saturday in Indianapolis that he’s seeking to become the Libertarian Party’s gubernatorial nominee in next year’s election, saying in a statement that, “It’s time for a change in Indiana.”

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