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-Capitol Construction Services has completed a 3,000-square-foot build-out of the Zeller Realty office at 11611 N. Meridian St., Suite 120, Carmel.
-Capitol Construction Services has completed an 11,400-square-foot build-out for G & S Research at 3950 Priority Way South.
-Capitol Construction Services has completed a 4,000-square-foot build-out of a King David’s Dogs restaurant at 135 N. Pennsylvania St.
On a seasonally adjusted basis, the pace of mortgage loan applications increased 9.3 percent for the week ended Sept. 23, according to the Mortgage Bankers Association. The rate for 30-year mortgages dropped to 4.25 percent from 4.29 percent the previous week. The rate for 15-year mortgages rose to 3.47 percent from 3.46 percent.
-Kuehne + Nagel leased 126,420 square feet in Park Fletcher Building 38, 2840 Fortune Circle West. The tenant was represented by Mark Writt and Bayne Porter of CB Richard Ellis. The landlord, Duke Realty, was represented by Duke’s Glenn Davis.
-Thrifty Supply leased 28,000 square feet at East Main Street Shoppes, 1004 E. Main St., Brownsburg. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Mark IV Co., represented itself.
-Tilted Kilt leased 8,000 square feet at 141 S. Meridian St. The tenant was represented by Ryan Murphy of SRS Real Estate. The landlord, SMC-Retail LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.
-Napa Auto Parts leased a 7,500-square-foot former Speedway Auto Parts at 2678 E. Main St., Plainfield. The landlord, Dorothy Turner, was represented by Tracey Holtzman of Midland Atlantic. The tenant represented itself.
-Formstack leased 5,206 square feet of office space at 8606 Allisonville Road. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, Castle Creek Office LLC, was represented by Brian Fitzgerald of Citimark Management Co.
-Associated Bank leased 5,102 square feet at 300 N. Meridian St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, University Park Associates LLC, was represented by Mike Napariu of REI Real Estate Services LLC.
-Bu Da Lounge leased 5,000 square feet at 148 E. Market St. The tenant was represented by Conrad Jacobs of Newmark Knight Frank Halakar. The landlord, Center Township Investments LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.
-Grace Assembly of God renewed its lease for 5,000 square feet of retail space in South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. The tenant was represented by Bruce Richardson of Royal Cos. The landlord, HRCP Inc., was represented by Cathy Richards of Lee & Associates.
-The Flying Cupcake leased 4,000 square feet of retail space in Stewart Place, 831 S. Rangeline Road, Carmel. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, TT Commercial One LLC, was represented by Susannah Gershman of Thompson Thrift.
-Laundry Bright leased 3,400 square feet at Hanna Shops, 3915 S. Madison Ave. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, RCS Holdings LLC, was represented by Jeff Merritt of Summit Realty Group.
-Soil and Materials Engineers Inc. leased 2,585 square feet of office space at 5847 W. 74th St. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Duke Realty, was represented by Kate Willen of Duke.
-The Environmental Protection Agency leased 2,407 square feet of office space at 10 W. Market St. The landlord, MT Acquisitions LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-FileWave USA Inc. leased 2,000 square feet of office space at 10711 Horse Creek Court. The landlord, Prairie View at Crosspoint LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-Nail Spa leased 1,300 square feet at Carmel Walk, 1305-1327 Rangeline Road, Carmel. The landlord, The Fineberg Group, was represented by Pay Boyle of Midland Atlantic. The tenant represented itself.
-Gene B. Glick Family Housing Foundation bought the 240-unit Thompson Village Apartments on Thompson Road near State Road 135. The sale price for the property, which was listed for $9.5 million, wasn’t disclosed. The buyer and the seller, New York-based The Embassy Group, were represented by Tikijian Associates.
-An affiliate of PackageRight Corp. bought a 54,136-square-foot manufacturing facility at 802 Berryman Pike, Tipton. The price wasn’t disclosed. The seller, SPM Real Estate Inc., was represented by Stan Elser of Lee & Associates. The buyer represented itself.
According to an unconfirmed report, Madonna will perform during the halftime show at Super Bowl XLVI in Indianapolis Feb. 5. The sports Web site SB-Nation said sources close to the Super Bowl told them about the appearance Monday. A spokesperson for the NFL declined to comment on the report. Last year’s Super Bowl in Dallas featured the Black Eyed Peas, Usher and Slash.
Former Indiana Republican Party Chairman Virgil Scheidt died Sunday at age 83 at a hospice in Columbus. Scheidt was a longtime Republican activist who became the Bartholomew County GOP chairman in 1966 and held that position until he was elected the party’s state chairman in 1989. He resigned as state chairman in 1993.
Authorities say investigators haven’t found any signs of criminal activity in connection with the fire that killed an Indiana University student Saturday at an apartment complex near the Bloomington campus. The state fire marshal’s office is helping city fire investigators determine what caused the blaze at the Terra Trace Apartments. The fire killed 19-year-old Renee Ohrn of Gary and destroyed 12 apartments. Ohrn was prom queen this spring at Andrean High School in Merrillville and was a starter on the school’s soccer team.
Two men were taken to jail after a police chase downtown early Sunday morning. Police tried to pull over an SUV that had been reported stolen about 2 a.m., but the driver took off, reaching speeds up to 70 mph before hitting a tree in the area of Michigan and Illinois streets. Two men and a woman tried to escape on foot. The woman fell and was injured. She was taken to the hospital. Police caught Tracey Dunlop and Kehmian Smith a short time later.
Two men were taken to jail after a police chase downtown early Sunday morning. Police tried to pull over an SUV that had been reported stolen about 2 a.m., but the driver took off, reaching speeds up to 70 mph before hitting a tree in the area of Michigan and Illinois streets. Two men and a woman tried to escape on foot. The woman fell and was injured. She was taken to the hospital. Police caught Tracey Dunlop and Kehmian Smith a short time later.
The worst celeb news in Indy since Donald Trump’s aborted stint as pace car driver?
Sarah Fisher has been a great ambassador for the sport, but someone needs to tell her that victory circle is the place to thank sponsors and extol their virtues, not talk about their abandonment of the team.
Part of the Pan Am Plaza parking garage has reopened after being closed for several hours for emergency repairs late last week, but a report will reveal whether more extensive work is needed to restore the garage to a structurally sound state.
Hofmeister Personal Jewelers Inc., which sought Chapter 11 reorganization in April, is asking the court to let it bring in a national consultant to oversee a huge sale that would begin next month and last until February.
WellPoint Inc.’s participation in buying a majority stake of the private health insurance exchange operator Bloom Health could help it get back to its roots as a health insurer—and make a bit more money in the process.
Indiana University announced a partnership with the Indianapolis-based IU Health hospital system that will launch four primary care clinics in Bloomington, which can be visited for no extra charge by those enrolled in IU’s health plans.
Dr. Melissa DeRosa has joined Avon Neurology, part of Hendricks Regional Health Medical Group. DeRosa received her bachelor’s degree from the University of Notre Dame and did her medical training at the Indiana University School of Medicine. She spent four years in private practice in New Mexico before returning to Indiana.
Beverly Pitts, the university’s eighth president, announced on Monday that she will retire at the end of the academic year, ending seven years leading the private college.
Looks like Roche Diagnostics Corp. is finally getting clear of its troubles at the FDA. On Thursday, Switzerland-based Roche announced it won approval from the U.S. Food and Drug Administration for a new test strip that works with its Accu-Chek Aviva blood glucose monitors. Roche developed the new strip because its previous version of test strips used an enzyme that, in rare cases, could give a falsely high blood sugar reading. A falsely high reading, if acted upon with a correspondingly high dose of insulin, could be harmful or even fatal to some patients. The concerns of the FDA have kept Roche Diagnostics, which maintains its U.S. headquarters in Indianapolis, from getting new blood glucose monitor products approved in the United States, costing Roche market share here. For example, its Aviva Nano meter, which has sold well in Europe, has never hit the market in the United States. “This clearance is a significant milestone for our organization—one that will position us well for the clearance of other products in our pipeline," said Daniel O’Day, chief operating officer of Roche Diagnostics.
After trudging through nearly three years of soft demand, the Warsaw-based makers of orthopedic hip and knee implants—Zimmer, Biomet and DePuy—are unlikely to see a worldwide recovery before the end of 2012, according to a new report from Leerink Swann & Co. Analysts Rick Wise and Richard Newitter think the debt issues in Europe, the uncertain economy in the United States, and global economic pressures will lead many patients to continue to defer their hip or knee surgeries. “Looking out over the next 12-18 months, we are inclined to take a more cautious view regarding a possible growth rebound in large joint procedure volumes,” the analysts wrote. They predict a shrinkage in those surgeries in the third quarter of 0.2 percent and then modest fourth-quarter growth of 1.2 percent.
If this was meant to boost the stock price, it isn’t working. Since launching a $100 million share repurchase program in May, Carmel-based CNO Financial Group Inc. has purchased nearly 8.8 million common shares for a total of $55.7 million, the company announced last week. Also, for every dollar CNO spends buying its own stock, it also has to spend a dollar paying down its bank loans. But since the life and health insurer launched the repurchase program on May 16, CNO’s share price has fallen 29 percent, closing Friday at $5.41. Over the same time period, the broad Russell 3000 index has fallen 17 percent.
Sunright America Inc., a Japanese manufacturer of automotive fasteners, plans to nearly double its current space in Columbus and add the 100 jobs by 2014.
The company, which had big plans to snap up rural broadband systems through the Midwest, has been in a financial slide for months.
