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Construction

May 26, 2011

-Kort Builders has completed an 1,800-square-foot retail space for The Sewing Center at 105 S. Raceway Road.

-Kort Builders has completed a 2,800-square-foot restaurant space for Boondogglers at 65 Boone Village, Zionsville.

-Kort Builders has completed a 2,400-square-foot retail space for Sharkey’s Cuts for Kids at 12525 Old Meridian St., Carmel.

People

May 26, 2011

Colliers International has hired Sherry Caldwell as transaction manager and Katrina Lewis as marketing assistant.

Leases/leasing contracts

May 26, 2011

-ITT Educational Services Inc. leased 18,386 square feet of office space at 2525 N. Shadeland Ave. The tenant was represented by Sam Smith of Colliers International. The landlord, Western Select Properties LP, was represented by Rich Forslund and Matt Langfeldt of Summit Realty Group.

-Cummins Inc. leased 12,634 square feet of office space in Capital Center, 251 N. Illinois St. The tenant was represented by Yumi Prater and Sam Smith of Colliers International. The landlord, VV USA City LP, was represented by Dan Richardson of CB Richard Ellis.

-Live Nation Worldwide Inc. leased 7,941 square feet at 9100 Keystone Crossing.  The tenant was represented by Mike Semler of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Sobongo.com leased 6,254 square feet of office space at 7320 E. 86th St.  The tenant was represented by Yumi Prater of Colliers International. The landlord, East 86th Street Partners LLC, was represented by Drew Augustin of Alliance Commercial Real Estate.

-Casa Grande Mexican Restaurant leased the 6,000-square-foot former Max & Erma’s restaurant at The Pavilion at Castleton, 5899 E. 86th St. The tenant was represented by Dave Kaverman of Anthony Wayne Business Exchange. The landlord, Stough Associates LP, was represented by Mark Perlstein of Sitehawk Retail Real Estate.

-La Fuente Mexican Restaurant leased 4,923 square feet at Exit Five Shopping Center, 9771 E 116th St., Fishers. The landlord, Sunbeam Development Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate. The tenant represented itself.

-Presley’s Enterprises LLC leased 4,721 square feet at Precedent Retail Center, 3855 E 96th St. The tenant was represented by Art Small of Realty Executives.  The landlord, The Retail Center At Precedent Park LP, was represented by Mark Perlstein of Sitehawk Retail Real Estate.

-Burns & Wilcox Ltd. leased 4,506 square feet at 8888 Keystone Crossing. The tenant was represented by Dave Black of CresaPartners. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
     
-American Society of Clinical Pathology leased 3,178 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.

-U.S. Rep. Dan Burton leased 1,789 square feet at 8900 Keystone Crossing.  The tenant was represented by John Crisp of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
    
-State Farm Insurance-Tom Grimsly leased 1,420 square feet in Clover Creek Commons, 17160 Dragon Fly, Noblesville. The tenant was represented by Liz Yoho of Providence Partners. The landlord, The National Bank of Indianapolis, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.

-SunQuest Systems Inc. leased 849 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.

Sales/acquisitions

May 26, 2011

-Wood 96th RE LLC bought two office buildings totaling 34,000 square feet at 3510 and 3520 E. 96th St. The price wasn’t disclosed. The buyer was represented by Ross Reller of Colliers International. The seller, Buckingham Cos., was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Electro Reps Inc. bought a 3,500-square-foot office building at 220 N. Rangeline Road, Carmel. The price wasn’t disclosed. The buyer was represented by Brian Fitzgerald of Citimark Management Company Inc. and Matt Carlstedt of Citimark Realty Partners. The seller, JBS Holding LLC, was represented by Peter Pizarro of F.C. Tucker Co.

Court issues restraining order against Lilly

May 26, 2011

Amylin Pharmaceuticals Inc. says a federal court has issued an injunction preventing drug development partner Eli Lilly and Co. from using the same sales force to sell an Amylin-developed diabetes treatment and a competitor's.

Planned Parenthood says donors alone can’t sustain clinics

May 26, 2011

Donors from far and wide are sending money to Planned Parenthood of Indiana, but the organization doesn’t expect the giving to last.

HHGregg’s profit, revenue rise, but same-store sales fall

May 26, 2011

Indianapolis-based HHGregg boosted its fourth-quarter profit thanks to 42 stores that opened during 2010, off-setting decreased sales at retail locations operating for more than a year.

NFL sees signs fans are turned off during lockout

May 26, 2011

Ten weeks into the owners' lockout of the players, the NFL is seeing the early signs of cracks in fan loyalty. "Fans want certainty," Commissioner Roger Goodell said Wednesday at the end of the league's spring meetings in Indianapolis.

Nordstrom closing Circle Centre store

May 26, 2011

Nordstrom plans to close its store at Circle Centre mall, dealing a substantial setback for downtown. The Seattle-based chain was scheduled to announce the closure to employees at a mandatory staff meeting Thursday morning, a person familiar with the plans told IBJ.

ACLU asks court to block Indiana immigration law

May 25, 2011

The American Civil Liberties Union of Indiana and the National Immigration Law Center filed a federal lawsuit Wednesday to block a new state law that they say gives police sweeping arrest powers against immigrants who haven't committed any crime.

Family has steely plan for shifting business to next generation

May 25, 2011

Westfield Steel owners Karyn and Fred Prine are well on the way to transitioning to the next generation—son Fritz—thanks to timely planning.

Slow economy grinds on long-time sausage maker Claus

May 25, 2011

Claus Muth has a proud heritage of making specialty meats, but now he faces circumstances that stand to threaten his south-side business: family-owned Claus’ German Sausages and Meats.

Brain barrier breached in push to deliver Alzheimer’s drug

May 25, 2011

Scientists with Roche Holding AG, the parent company of Indianapolis-based Roche Diagnostics Corp., may have found a way to overcome a blood barrier that keeps drugs from directly entering the brain, potentially opening new pathways to attack Alzheimer’s disease.

Ticket giveaway: Vintage Indiana Wine & Food Festival

May 25, 2011

Bridgid’s Cross, Jennie DeVoe and The Rev. Peyton’s Big Damn Band entertain at this year’s event

Also this week

May 25, 2011

REO Speedwagon entertains at the annual Snakepit Ball, May 28 at the Indiana Roof Ballroom. Details here.

The Wright Brothers perform a race day concert May 29 at Beef & Boards Dinner Theatre. Details here. 

Indy Fringe Festival favorite Phil Van Hest (aka Phil the Void) hosts a series of one-hour presentations, through May 28, under the heading “Big Laughs on Mass Ave.” Details here.

Doug Sauter and Kate Lamont perform in a free lunchtime concert at the Indianapolis Artsgarden, May 26. Details here. 

The Indianapolis Jazz Orchestra headlines this week’s Concert on the Canal, May 26. Details here. 

“The Zippers of Zoomerville”

May 25, 2011

Through May 28

Phoenix Theatre

There’s a lot of Gilbert and Sullivan, a hint of Elvis-movie plotting, and a lot of Indy 500 lore packed into this breezy “mini-mockeretta” that’s a must-see for anyone with fondness for racing and/or a love of musical theater. Yes, I previewed it here a few weeks ago—and I don’t usually write about shows here mid-run—but I thought I’d give the delightful show another bump and encourage you to make time this weekend to go along for this silly ride. Rare is the musical with this many laughs. Rare is the home-grown show that’s this confident and accomplished. Rare is the opportunity for Indy audiences to laugh at themselves in such a smart show. Go. Details here.

Tiger Forrest

May 25, 2011

Opening May 28

Indianapolis Zoo

It’s not just Indianapolis streets that have been sporting “under construction” signs for the last few months. The back end of the Indianapolis Zoo has had its share of detours as well.

That should change this weekend when the renovations allow for more up-close-and-personal encounters in Tiger Forest. Now, Cila, Andrea and Petya, the zoo’s three Amur tigers, will be just a pane of glass away. Details here.

500 Festival Parade

May 25, 2011

May 28

Downtown Indianapolis

I suppose there will be fans of grand marshal Anderson Cooper in the crowd. And some may appreciate the television work of personalities Jillian Michaels (“The Biggest Loser”) and Judge Alex Ferrer (“Judge Alex”), sports figures Tommy Lasorda and Pacer Mike Dunleavy Jr., and singer Kellie Pickler.

But I’m guessing that some of the biggest applause along the 500 Festival Parade route will come when Blue II passes—even though the Butler University mascot can’t be expected to wave. And while TV trends will come and TV trends will go, there’s something reassuring about the continued presence of Jim Nabors, Ruth Buzzi and Florence Henderson in their respective parade cars. Details here.

Three men arrested in copper thefts

May 25, 2011

Hendricks County authorities have charged three Danville men with stealing copper and ground wire from several Duke Energy substations. James Flatt, Robert Flatt and Justin Flatt were arrested and charged with burglary, theft and criminal mischief. According to authorities, the suspects entered the substations by using bolt cutters on security fences. Surveillance photos captured the three taking copper and ground wire. Duke Energy listed the value of the copper and ground wire at $15,000. The suspects admitted to burglarizing substations in Hendricks and Putnam Counties, police say.
 

Mini-bike crash critically injures boy

May 25, 2011

Two Indianapolis children were involved in a mini-bike accident Tuesday that sent them both to Riley Hospital. It happened a little after 8 p.m. in the 8200 block of Paddock Road. According to police, an 11-year-old boy and 9-year-old boy were traveling northbound on a mini bike when they left the road and hit a tree. The 11-year-old was driving. The 9-year-old is in critical condition with severe head injuries. The 11-year-old is in fair condition with only minor injuries. Neither child was wearing a helmet.
 

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