Court delays hearing on Indiana school funding lawsuit
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools sued the state in February, claiming the school funding formula unfairly penalizes growing districts.
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Library slashes hours, to close main branch on Thursdays
A big reduction in hours is expected to save the Indianapolis-Marion County Public Library about $1.5 million next year, as it grapples with a $4 million revenue shortfall.
Sanders, Ugoh deals prove Polian’s fallibility
Much rides on Bob Sanders' recovery, as Indianapolis Colts President Bill Polian's record as one of the NFL's top executives has taken two big hits.
Conseco Fieldhouse to get new video signage
The new “video ribbon,” which could cost up to $1.6 million, will be paid for with funds from the Capital Improvement Board. It will be installed around the entire upper fascia of the arena between the second and third levels.
U.S. retail sales increase for second straight month
Purchases increased 0.4 percent, following a 0.3-percent gain in July. Seventeen tax-free holidays in August probably drew more shoppers to malls, where discounts were deeper than those in July.
Local talent and B’way stars at Midwest Arts Conference
Arts presenters from around the Midwest–and talent from around the world–are showcasing throughout the city: A report from Day 1.
Cummins awarded $6.9 million Army contract
The three-year deal calls for the Columbus, Ind.-based diesel engine manufacturer to develop a power train that improves efficiency by reducing fuel consumption and noise, and can run on a wide range of fuels and fuel mixtures.
Indiana’s average SAT scores drop slightly
Indiana’s combined score on the three portions of the exam was 1,482 out of a possible 2,400 points. Nationally, the average was 1,509.
USA Track & Field fires CEO
Chief operating officer Mike McNees will assume leadership duties of the Indianapolis-based USA Track & Field while the board begins its search to replace Doug Logan.
Bill could make health workers pay for FBI checks
The bill has the potential to affect more than 250,000 Indiana workers in up to 24 categories of licensed professionals, including doctors, dentists, pharmacists, nurses, chiropractors, hypnotists, dietitians and even veterinarians.
AFL-CIO takes stand against NFL owners
One of the nation’s largest unions said it sent NFL owners a letter warning that a lockout in one of America’s few thriving industries could cost thousands of Americans their jobs and cities more than $140 million in revenue.
Report: Marian med school to add $44M to economy each year
Marian University will spend more than $32 million to build a new building for its college of osteopathic medicine and expects the school to add $44 million a year to the Indianapolis-area economy.
Fishers becomes draw for seniors projects
One skilled-care facility is about to open and another will break ground this month.
Southern Indiana’s Grand Victoria Casino sold for $43M
Las Vegas-based Full House Resorts on Monday announced plans to purchase the riverboat casino in Rising Sun, saying it could improve profitability.
Leasing/leasing contracts
-King’s Beauty leased 21,539 square feet at the North Eastwood Shopping Center at 38th and Post Road. The tenant was represented by Chuck Devan of Century 21 Rasmussen. The landlord, Nassimi Realty, was represented by Andrew Levian of Nassimi Realty.
-Hammond Kennedy Whitney & Co. Inc. leased 8,336 square feet at 8888 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.
-Aaron Rents leased 4,804 square feet at Noble Creek Shoppes, 451 Noble Creek Drive, Noblesville. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Douglas Realty Group Noblesville LLC, represented itself.
-Teddy’s Burger Joint leased 4,408 square feet of retail space at Southport Shoppes, 2222 W. Southport Road. The tenant was represented by Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co. The landlord, Changes in Latitude LLC, was represented by Bart Jackson of Grubb & Ellis Harding Dahm & Co.
-Country Choice Inc. leased 3,600 square feet in Park Plaza Business Park, 5721 Park Plaza Court. The landlord, First Industrial Realty Trust, was represented by John Hanley and Nikhil Gunale of CB Richard Ellis. The tenant represented itself.
-US Trades LLC leased 2,662 square feet of office space at 10735 Sky Prairie St., Fishers. The landlord, BBQ I LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.
-Allos Venture Management Co. Ltd. leased 2,573 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Kelli Dugan and Todd Maurer of Halakar Real Estate. The landlord, Zeller Management, was represented by Tristan Glover of Zeller Management.
-Symbiont Science Engineering and Construction leased 2,358 square feet at Precedent Office Park. The tenant was represented by Andrew Follman of Meridian Real Estate LLC. The landlord, HDG Mansur, was represented by Tim Hull and Rick Trimpe of CB Richard Ellis.
-Indy Spinal Care and Dr. Shawn Benzinger leased 1,991 square feet at 7207 Shadeland Ave. The tenant was represented by Matthew Tobe of Halakar Real Estate. The landlord, Princell Professional Properties, was represented by Ralph Balber and Ashley Bussell of Halakar.
-Buhok Salon leased 1,946 square feet at Rockville Station, 9269 U.S. 36, Avon. The landlord, Rockville Station LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Firehouse Subs leased 1,892 square feet at Stony Creek Marketplace, 17053 Mercantile Blvd., Noblesville. The tenant was represented by Keith Stark of Situs Realty Corp. The landlord, Inland Southeast Stony Creek LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-ZIL Enterprises LLC leased 1,300 square feet of retail space at Carmel Walk, 1315 S. Rangeline Road, Carmel. The tenant was represented by Nick Smyrnis of Grubb & Ellis Harding Dahm & Co. The landlord, the Fineberg Group LLC, was represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.
-Moroz Market leased 1,300 square feet of retail space at Carmel Walk, 1315 S. Rangeline Road, Carmel. The tenant was represented by Rob Christman and Alyona Tellez of Baldwin Brothers Real Estate Group. The landlord, the Fineberg Group LLC, was represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.
-A Healing Touch leased 1,200 square feet at Prairie Lakes II in Noblesville. The landlord, Prairie Lakes II LLC, was represented by Liz Yoho of Providence Development. The tenant represented itself.
Sales/acquisitions
-Cure Westfield Landholdings LLC bought a 16,710-square-foot retail building at 17546 Gunther Blvd., Westfield. The price wasn’t disclosed. The buyer was represented by David Bickell of Re/Max Real Estate. The seller, Westfield Investors LLC, was represented by Jacque Haynes of Cassidy Turley.
-Advanced OrthoPro Inc. bought an 8,500-square-foot office building at 8645 Founders Road. The price wasn’t disclosed. The buyer was represented by Andrew Martin and Bennett Williams of Cassidy Turley. The seller, TEKE Educational Foundation, was represented by Ross Reller of Colliers International and George Crawford of Meridian Real Estate.
-Twin Brothers Investments Inc. bought .26 of an acre of land at 3403 W. Morris St. The price wasn’t disclosed. The seller, Roquil Inc., was represented by Mike Medlock and Rick Jones of Grubb & Ellis Harding Dahm & Co. The buyer represented itself.
People
Matt Jackson and Joe Lonnemann have joined Ambrose Property Group as partners and vice presidents of the brokerage division.
‘Brush fire’ forces family to evacuate
A family was forced out of its north-side home Sunday evening due to a fire apparently caused by a resident who left hair brushes in a pot of boiling water. The family was awakened by a smoke alarm and popping noises in their home at 5400 Indianola Ave. An unidentified man went back into the burning home and suffered smoke inhalation. He was taken to a hospital in serious condition.
Rocks rain on semis along I-465
Indiana State Police are investigating reports of rocks thrown at passing semis on Interstate 465 early Monday morning. Police responded after two truck drivers called in the incidents in the area of I-465 just south of Interstate 70 on the city’s east side. There were no reports of serious injury.
Bicyclist in critical condition
A woman identified as 20-year-old Amanda Tames of Indianapolis is in critical condition at Methodist Hospital after being hit by a car late Sunday. The vehicle, which police suspect may be a GMC SUV of some type, hit the woman while she was riding her bicycle in the 5600 block of Gray Road. She was thrown about 200 feet, according to police, and suffered several fractures. Authorities believe the vehicle might have damage to its front headlights and part of the grill.