Prospective GM plant buyer pleads case in advertisement
JD Norman Industries advertisement tells employees that its proposal to buy the plant would guarantee
their GM transfer rights without having to close the facility.
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JD Norman Industries advertisement tells employees that its proposal to buy the plant would guarantee
their GM transfer rights without having to close the facility.
The Laughner family has closed the Loon Lake Lodge in Castleton, ending a 122-year run of operating restaurants in Indianapolis.
The canal-side institutions are having trouble luring White River State Park visitors. Why not use retail to get them in the
doors?
The bus system’s announcement in May that its current service and fare structure will remain intact through 2011 helped to
extend the life of the route.
China and India are quickly moving toward reestablishing their historical roles as two of the world’s biggest economies.
Where will the U.S. fit in?
Precise Path Robotics completes round of funding on the heels of signing contract with two companies that control more than
100 U.S. golf courses.
Approval for the millions of Americans with chronic back or knee pain may add more than $500 million, or 16 percent, to Cymbalta’s
annual sales.
Pendleton-based company reported both higher profit and revenue, helped by a 20-percent increase in hybrid-motor sales.
The firm, now based in Chase Tower, wants to acquire and renovate the building at 241 N. Pennsylvania St.
Studies showed that the treatment did not slow the disease's progression. It's just the latest setback for the pharmaceutical
giant, which lost a patent lawsuit over a major drug last week and faces an unprecedented number of patent expirations through
2014.
The arrest of Daniel Annee, 46, follows an investigation in which he is alleged to have paid an undercover agent, posing as
an arsonist, $500 to burn down a building he co-owned at 431 E. Hanna Ave.
-Kort Builders has completed a 1,300-square-foot retail space for Fuzziwig’s Candy Factory at 13971 Town Center Blvd. in Hamilton Town Center.
-Kort Builders has completed a 2,000-square-foot retail space for Sally Beauty on Greyhound Pass in Carmel.
On a seasonally adjusted basis, the pace of mortgage loan activity increased six-tenths of a percent for the week ended Aug. 6, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.57 percent from 4.6 percent the previous week. The rate for 15-year mortgages fell to 3.95 percent from 4.03 percent.
-Maintenance Supply leased 49,977 square feet at Gateway Park Building II, 851 S. Columbia Road, Plainfield. The tenant was represented by Kevin Kempf of Cassidy Turley and Bill Littleton of Colliers International. The owners of the building, HSA Commercial and Coastal Partners LLC, were represented by Terry Busch, Nikhil Gunale and John Hanley of CB Richard Ellis.
-Holdsworth North America Inc. leased 14,373 square feet at 2840 Fortune Circle East, Suites D, E and F in a renewal that included a 4,898-square-foot expansion. The tenant was represented by Ryan Kelly and Steve Schaub of Summit Realty Group. The landlord, Blue Real Estate, was represented by Brian Buschuk and Jake Sturman of Jones Lang LaSalle.
-Indiana Bank & Trust leased 12,163 square feet of office space at Pan American Plaza, 201 S. Capitol Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Pan Am SCE I LLC, was represented by Bennett M. Williams and Pete Anderson of Cassidy Turley.
-Develop Indy subleased 9,500 square feet in the Chase Tower. The tenant was represented by Jon Owens and Brian Meeks of Cassidy Turley. The sublandlord, J. Walter Thompson USA, was represented by Dan Richardson and John Vandenbark of CB Richard Ellis.
-Tabor Law Firm LLP leased 5,939 square feet at Three River Crossing, 3610 River Crossing Parkway. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, River Crossing Three LLC, was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.
-Bedel Financial Consulting leased 5,720 square feet at One River Crossing. The tenant was represented by Darrell Pike of Pike Real Estate Services. The landlord, Franklin Street Properties, was represented by Dan Richardson and John Vandenbark of CB Richard Ellis.
-The Greater Greenwood Chamber of Commerce leased 2,305 square feet in Greenwood Commerce Center, 65 Airport Parkway, Greenwood. The tenant was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co. The landlord, TDH Investments LLP, was represented by Darrell Pike of Pike Real Estate Services LLC.
-Hoosier Broadcasting Corp. leased 2,250 square feet at 3500 DePauw Blvd. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, CP Pyramid Associates LP, was represented by David A. Moore, Darrin L. Boyd and Bennett Williams of Cassidy Turley.
-The Law Offices of Diamond Z. Hirschauer leased 1,662 square feet at Market Square Center, 151 N. Delaware St. The landlord, Hertz Indianapolis One LLC, was represented by Crystal Houston and Dan Richardson of CB Richard Ellis. The tenant represented itself.
-RCS Holdings LLC leased 1,012 square feet in SePro Tower, 11550 N. Meridian St.. The landlord, SePro Corp., was represented by Bill Ehret and Rebecca Baer of Summit Realty Group. The tenant represented itself.
-The former Donatos Pizza location at 7126 East 116th St., Fishers, assigned its ground lease to The Farmers Bank. Donatos was represented by Jeff Hubley of Midland Atlantic. Farmers Bank was represented by Michael House of Peacock Properties.
-DWC Restoration Co. leased 750 square feet in the Oaks Business Centre, 500 S. Polk St., Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
-Northwest Haiti Christian Mission bought a 10,000-square-foot building at 7271 Mayflower Park, Zionsville. The price wasn’t disclosed. The sellers, Ronald D. Wagle and James L. Smiley, were represented by Jim Knighton of ERA Heritage Realty Group. The buyer was represented by Ross Reller of Colliers International.
-Aldi (Indiana) LP bought 2.33 acres of land at 2915 Madison Ave. The price wasn’t disclosed. The seller, Triple S Partners Development LLC, was represented by Scot Courtney and Rick Jones of Grubb & Ellis Harding Dahm & Co. The buyer was represented by Jim Abel of Grubb & Ellis Harding Dahm & Co.
Three institutions flagged by U.S. Department of Education financial responsibility test.
Police are looking for vandals who left their mark on a church van. Racist graffiti was spray-painted on a van at the Celestial
Church of Christ in the 3800 block of Farnsworth Street on the southwest side of Indianapolis. Church members parked the van
late Saturday night, and the hate messages were discovered around 9:30 a.m. Sunday. Anyone with information about the vandalism
is asked to call metro police.
Indiana Pacers draft pick Lance Stephenson is facing an assault charge in New York City on the accusation that he pushed his
girlfriend down a flight of stairs. NYPD spokesman Paul Browne said police arrested Stephenson after responding to a 911 call
Sunday at the woman's Brooklyn home. He said she hit her head on a concrete step, and was treated for head and neck injuries.
Police arrested Stephenson on charges of assault, reckless endangerment and menacing.