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Andrew Schrage of Coldwell Banker Commercial represented the tenant, Vincennes University, and John Hanley of CB Richard Ellis represented the landlord, Indy 40 Building I LLC, in a 30,162-square-foot lease at Sierra Gateway Park Building I, 853 S. Columbia Ave., Plainfield. The brokers’ roles were listed incorrectly in last week’s Real Estate Weekly.
David Powers Motorsports, John Force Racing, Don Prudhomme Racing and Vance & Hines together occupy roughly 320,000 square feet of space at the park.
A local developer is planning a $40 million apartment and retail development northwest of 86th Street and Keystone Avenue.
Private companies will take over five public schools that a state official called in "various stages of dire situations" after the State Board of Education made the recommendation Monday because of poor classroom performance.
A 38-foot-tall bronze sculpture will soon be back atop the Soldiers and Sailors Monument in downtown Indianapolis.
A number of flights to and from Indianapolis have been canceled because of Hurricane Irene. About 20 flights coming and going from airports like Newark, Philadelphia, Boston, Washington and New York were canceled Monday. That number is down from Sunday, when about 60 flights were canceled. Millions of people on the East Coast are still without power after the weekend storm, which left at least 21 people dead.
A man is in critical condition after being shot early Monday morning on the east side of Indianapolis. The unidentified victim was found about 3 a.m. in the parking lot behind the Pointe Restaurant & Lounge near Arlington and Massachusetts avenues. He was taken to Wishard Hospital.
A woman suffering from stab wounds was found by Indianapolis firefighters Monday morning when they responded to a house fire in the 1100 block of North Centennial Street in Wayne Township. The woman was transported to Wishard Hospital in serious condition. Neighbors say a woman and man lived inside the home and moved in only a short time ago. Firefighters say the woman was the only person found in the home.
Lender Merrill Lynch Mortgage Trust is foreclosing on several Indianapolis commercial properties, including two retail centers, owned by Greenwood developer Presnell Cos.
As intense as Peyton Manning’s desire for privacy is, the networks’ desire for ratings is even greater. Eventually someone like CBS' Sam Ryan will pop the question.
Eli Lilly and Co. and its partner Germany-based Boehringer Ingelheim GmbH have won European market approval for linagliptin, a diabetes drug approved in the United States in May. The oral tablets will go by the name Trajenta in Europe, a slight alteration from the drug's U.S. trade name of Tradjenta. The drug helps patients with Type 2 diabetes reduce their blood sugar. The European Commission approved it for use on its own or with the standard diabetes pill metformin.
Indianapolis-based AMD Lasers LLC was acquired in June by Pennsylvania-based Dentsply International. AMD, founded in 2008 by Alan Miller, provides desktop laser technology to dentists at lower prices. It introduced its first product, called Picasso, in 2009.
Indiana University Health last week opened a kidney transplant telemedicine outreach clinic in Gary, one of seven it has around the state. The outreach clinic uses videoconferencing to conduct follow-up consultations with patients who have had a kidney transplant—so they don't have to travel to Indianapolis to see IU Health’s transplant surgeons face-to-face. The clinic is at Indiana University Northwest. IU Health’s other transplant outreach clinics, all established in the past three years, are in Avon, Carmel, Evansville, Fort Wayne, Merrillville and South Bend.
A lawsuit filed by the downtown Indianapolis mall accuses Cinnaworks LLC, a franchisee of Cinnabon, of failing to pay its $6,751-per-month rent.
HealthNet Inc. CEO Booker Thomas has announced plans to retire in July 2012. Thomas, 69, has led HealthNet’s chain of community health centers since 1999. During his tenure, the not-for-profit has grown from five locations and an annual budget of $13 million to nine neighborhood clinics, nine school-based clinics and a budget of $45 million. The number of patients served has more than doubled to 50,000 a year. HealthNet has formed a committee to search for a replacement for Thomas.
Speedway officials expect an announcement within 30 days about whether the MotoGP race will be held in Indianapolis in 2012.
With hospitals having scooped up hundreds of physicians in the past three years—putting nearly all of them under non-compete agreements—there are bound to be legal tussles when some of those physicians decide their new matches aren’t exactly made in heaven.
So did you get to Indy Fringe? Take in Dig-In? Or take a short trip to the Palladium for Martin Short?
As consumer-directed health plans become more prevalent, their power to save money for employers is waning, according to the latest survey by Indianapolis-based United Benefit Advisors.
Hundreds of people watched from nearby as explosives brought down a long-shuttered Indianapolis apartment tower near the Indiana State Fairgrounds that had become a neighborhood eyesore and a haven for crime.
Indiana’s businesses have paid nearly 45 percent more in employer taxes this year under a legislative effort to fix the state’s bankrupt unemployment insurance fund.
