Longtime local Cadillac dealer loses fight to sell car
Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
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Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
Home-sale agreements in the nine-county central Indiana region dropped 17.5 percent in November compared to the same month a year ago, the seventh straight month that year-over-year home sales have slumped.
Heartland Film Fest premiere “Paradise Recovered” joins “The Social Network” and “How to Train Your Dragon” among this year’s honorees.
Indianapolis-based Brightpoint Inc. said Monday it has agreed to acquire Touchstone Wireless Repair and Logistics LP in an $80 million deal expected to close by the end of the year.
Capital Shopping Centres Group Plc, Britain’s biggest shopping-mall owner, rejected a financing plan that would have given potential suitor Simon Property Group Inc. a larger stake in the company.
Indianapolis-based Baldwin & Lyons Inc. has named Joseph J. DeVito its new CEO, replacing Gary W. Miller, who has led the insurer for 13 years.
This week, I traded in live performances and galleries for movie screenings. How about you?
Indiana casinos could save an average of $1 million per riverboat each year under a proposal that would allow them to quit using captains and crews and maintain motors that have been obsolete since the state allowed the boats to remain docked.
Many Indiana Democrats had hoped a Bayh candidacy for governor could begin reversing a string of setbacks for their party.
Indiana University’s board of trustees has learned that the school’s health care budget is $24.9 million short of projected expenses in 2011-12.
-Shamrock Builders-Commercial has started construction of an 1,800-square-foot office build-out for CFG Wealth Management Services Inc. at 9840 Westpoint Drive, Suite 150. The office is scheduled to be completed by Jan. 1.
-Shamrock Builders-Commercial has started construction of a 2,227-square-foot dental office for Dr. Ryan Jay at 12110 Pendleton Pike. The office is scheduled to be completed by mid-January.
-Shamrock Builders- Commercial has started construction of a 4,452-square-foot office for Dr. Michelle Jones Singer at 9800 Crosspoint Drive. The project is scheduled to be completed by the end of January.
-S&B Construction Co. has completed a 10,000-square-foot store for Tire Barn at 14010 Mundy Drive, Fishers.
On a seasonally adjusted basis, the pace of mortgage loan activity fell nine-tenths of a percent for the week ended Dec. 3, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.66 percent from 4.56 percent the previous week. The rate for 15-year mortgages increased to 3.98 percent from 3.91 percent.
SNA Commercial Properties LLC bought a 14,904-square-foot church building at 11965 Allisonville Road. The price wasn’t disclosed. The buyer was represented by Darrin L. Boyd of Cassidy Turley. The seller, Lutheran Church Extension Fund, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Orchard Software leased 40,694 square feet at 701 Congressional Blvd., Carmel. The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.
-DuCharme McMillen and Associates extended and expanded its lease to 17,499 square feet at Lake Point II, 8440 Allison Pointe Blvd. The tenant was represented by Steve Beals of Lee & Associates Commercial Real Estate Services. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Signworks Inc. leased 10,800 square feet of industrial space at 5343-5351 W. 86th St. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, Indy Flex Investors, was represented by Bryan Poynter and Kyle Powell of Cassidy Turley.
-Quadel Consulting Corp. leased 9,297 square feet of office space in Market Tower, 10 W. Market St. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, MT Acquisitions LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-Church of Iron leased 7,650 square feet of industrial space at 5120 E. 64th St. The tenant was represented by Kevin Kempf and Patrick Lindley of Cassidy Turley. The landlord, Orthopros LLC, was represented by Stan Elser of Lee & Associates.
-That’s Good HR Inc. leased 6,403 square feet of office space at 8440 Woodfield Crossing Blvd. The tenant was represented by Graham Summers and Adam Broderick of Jones Lang LaSalle. The landlord, Cassidy Turley Midwest Inc., was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley.
-Pete And D's Corp. leased a 5,642-square-foot former Denny's restaurant at 4902 S. East St. The tenant was represented by David Simons of Velocity Commercial Real Estate. The landlord, National Retail Properties, represented itself.
-West Racing Team leased 5,063 square feet of industrial space in Crosspoint II, 9900 Westpoint Drive. The tenant was represented by Conrad Jacobs of Halakar Real Estate. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-Hair Club for Men extended and expanded its lease to 4,865 square feet at Woodland I, 8275 Allison Pointe Trail. The tenant was represented by John Crisp of Cassidy Turley. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Dyslexia Institute of Indiana Inc. leased 3,345 square feet of office space at 8395 Keystone Crossing. The tenant was represented by Timothy O’Brien of Colliers International. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-New Balance Shoe Store leased 3,147 square feet of retail space at West Carmel Marketplace, 9893 N. Michigan Road. The tenant, Brad Stout, was represented by Tom Megenhardt. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.
-Decatur Vein Clinic leased 2,000 square feet of retail space at 105 S. Raceway Road. The tenant was represented by Richard King III of Hokanson Cos. The landlord, Ossip Real Estate, was represented by Jacque Haynes of Cassidy Turley.
-Crosspoint Communications leased 1,747 square feet of industrial space at 9855 Crosspoint Blvd. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Enterprise Roofing Contractors of Indiana Inc. renewed its lease of 650 square feet in Greenwood Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
Indianapolis has four A.J. Wright stores that are slated for conversions rather than closures.
The local office of the commercial real estate brokerage has named firm veteran John Merrill as its new managing director. He replaces David Reed, who left in late August.
Mignone Communications claims Weiss Communications, which publishes Indianapolis Woman, owes it $271,196 for printing costs dating to November 2007.
A husband and wife were taken to a hospital with minor injuries Friday morning after a large house fire next to Geist Nursery in the 9800 block of Mollenkoph Road in Fishers. Crews arrived at the fire just before 4:30 a.m. after the nursery’s owners reported their home was on fire. Crews were able to contain the fire in about 15 minutes.
A former employee of Wishard Heath Services has been sentenced to four years of home detention and four years of probation for embezzlement. Rebecca Sudhop, 53, of Fishers, was convicted of theft from her position in the accounts receivable department. Sudhop diverted $250,000 in payments intended for the hospital, Wishard disclosed.