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Pacers to keep Bird as president

May 11, 2011

The Indiana Pacers announced Tuesday that they will keep Bird as team president after he met with owner Herb Simon in Los Angeles.

UPDATE: Judge allows state to cut Planned Parenthood funds

May 11, 2011

Indiana won a key victory in its fight to cut off public funding for Planned Parenthood on Wednesday when a federal judge refused to block a tough new abortion law from taking effect.

Daniels signs 80 bills into law, including budget

May 11, 2011

Indiana Gov. Mitch Daniels signed 80 bills into law Tuesday, including a new $28 billion state budget and redrawn political maps that will help shape elections for the next decade.

Historical society to operate former Ruth Lilly estate

May 10, 2011

The Indiana Historical Society will entertain its members in Ruth Lilly's former Indianapolis estate, Twin Oaks, under a contract with owners William and Laura Weaver, the society announced Tuesday.

Mom busted with drugs, guns

May 10, 2011

Police said they found a half-pound of cocaine with an estimated street value of $22,000, several guns, thousands of dollars and a 10-day-old child during a raid Friday on a Noblesville home. Susana Quirino Perez, 32, is now being held on a $90,000 bond and several felony charges. Perez, an illegal immigrant, also has 8-year-old twins who were not home at the time of the arrest. Police said they found the drugs and guns in a common area accessible to the children. A male suspect is still being sought.

Six arrested in Statehouse protest

May 10, 2011

Six undocumented immigrants were arrested Monday night at the Indiana Statehouse as they protested two bills Gov. Mitch Daniels is expected to sign into law, according to police. The group, students between the ages of 18 and 23, were arrested for criminal trespassing after they refused to leave the Governor’s Office despite numerous warnings, police said. The protesters targeted bills that would make illegal immigrants in Indiana pay out-of-state tuition rates and crack down on employers hiring illegal immigrants.
 

One dead during night of arsons

May 10, 2011

A rash of overnight fires near downtown Indianapolis left one person dead and another in critical condition. Crews battled at least nine fires between midnight and 6:30 a.m. Tuesday. The first five, which occurred between midnight and 1 a.m. on the near-east side and south side, were quickly ruled arsons. The most serious fire occurred about 6:30 a.m. at a house near State and Prospect streets. A woman and her 47-year-old son were pulled from the burning home and taken to Wishard Hospital in critical condition. Anna Richards, 63, was later pronounced dead. Investigators don’t know if all the fires are linked, but they have descriptions of possible suspects.
 

Fire damages historic ‘Wedding Cake House’

May 10, 2011

The historic Kemper House near 10th and Delaware streets, known as the "Wedding Cake House,” sustained about $100,000 in damage early Tuesday morning during a rash of fires.

CIB reports quarterly revenue increase

May 10, 2011

The Capital Improvement Board saw revenue of $22.5 million in the first three months of the year, a jump of 28 percent compared with the same three months in 2010. More taxes generated by hotel stays and restaurant visits helped drive the increase.

‘In the Heights’ and other shows that passed by Indy to play IU

May 10, 2011

‘Shrek’ and ‘Young Frankenstein’ also on 11/12 schedule

Emmis reports smaller annual loss on higher revenue

May 10, 2011

The Indianapolis-based media company said an improving economy helped it cut its losses as revenue from radio operations grew 4.3 percent. Still, the company continues to struggle with a heavy debt load.

People

May 10, 2011

Robyn Smart has joined Lee & Associates' retail department as a senior adviser.

Kevin Gillihan has joined the Indianapolis office of Jones Lang LaSalle as a senior associate with the firm’s office tenant representation team.

Businessman announcing run for Indiana governor

May 10, 2011

Jim Wallace has scheduled a campaign kickoff event for Tuesday afternoon at the town hall in the northern Indianapolis suburb of Fishers.

IU Health LaPorte Hospital eliminates 112 jobs

May 10, 2011

Hospital President and chief executive officer Thor Thordarson said in a news release the jobs cuts were necessary because of the higher costs facing health care providers.

State Farm to shift 250 jobs to Indianapolis

May 9, 2011

A shakeup of the Bloomington, Ill., company will result in some positions being moved to Indianapolis, an Illinois newspaper reports.

Residential

May 9, 2011

On a seasonally adjusted basis, the pace of mortgage loan activity increased 4 percent for the week ended April 29, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.76 percent from 4.8 percent the previous week. The rate for 15-year mortgages decreased to 3.96 percent from 4.03 percent.

Leases/leasing contracts

May 9, 2011

-United Suppliers Inc. leased 17,600 square feet at 923 Whitaker Road in the Airwest Business Park. The tenant was represented by Terry Busch of CB Richard Ellis. The landlord, ProLogis, was represented by Luke Wessel of Cassidy Turley.

-Beacon Technologies subleased 5,720 square feet at One Parkwood, 96th and Meridian streets. The tenant was represented by Alex Cantu of Summit Realty Group. The sublessor, Computer Associates, was represented by Adam Broderick and Denice Michel of Jones Lang LaSalle.

-eImagine Technology Group Inc. leased 4,332 square feet of office space at 6081 E. 82nd St. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-The ALS Association Inc. leased 2,163 square feet of office space at 6525 E. 82nd St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Market Street Wealth Management Advisors LLC leased 2,024 square feet of office space at 3091 E. 98th St. The tenant was represented by Brooke Augustin of Alliance Commercial Real Estate. The landlord, BREOF Keystone REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Tucker’s School of Real Estate leased 1,975 square feet of office space at 6515 E. 82nd St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Guidon Design, Inc. leased 1,952 square feet at Douglass Pointe, 2453 N. Delaware St., Indianapolis. The landlord, Minkis Construction Inc., was represented by Joe Shoemaker of MacDuff Realty Group. The tenant represented itself.

-New Harbours Café leased 1,750 square feet at Harbourtown Center at the southeast corner of Little Chicago Road and Carrigan Bridge Road at Morse Lake, Noblesville. The tenant and landlord, Harbourtown Center LLC, were represented by Bill Ernst of Charter Commercial Realty Group.

-Loving & Caring Home Inc. leased 1,560 square feet of office space at 6525 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.  

-Speech Pathology Services PC leased 1,503 square feet of office space at 1980 E. 116th St. The landlord, Stratford Center LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
 
-The Henry P. Thompson Co. leased 1,486 square feet of office space at 6505 E. 82nd St. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.  

-Eagle Land Title LLC leased 1,470 square feet of office space at 3500 Depauw Blvd. The tenant was represented by Bob Dominguez of Colliers International. The landlord, CP Pyramids Associates LP, was represented by Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley.

Sales/acquisitions

May 9, 2011

Big Bend LLC bought a 9,600-square-foot office building at 819 E. 64th St. The price wasn’t disclosed. The buyer was represented by Bob Lindgren and Steve Beals of Lee & Associates. The seller, Crossroad Investment Group LLC, was represented by Harry Kennerk of Sperry Van Ness.

Eastgate redevelopment reaches crucial crossroads

May 9, 2011

Lifeline Data Centers, which bought Eastgate in 2008, plans to invest $10 million into the property this year if the Department of Public Safety moves forward with plans to lease 78,000 square feet.

Lawmakers fall short in efforts to curtail private-sector unions

May 9, 2011

Of the 14 states where "right-to-work" bills barring mandatory union fees were considered, only New Hampshire has passed the legislation, and it is uncertain whether Republican lawmakers can overcome an expected veto by the Democratic governor.

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