Angola manufacturers plan nearly 180 new jobs
Fuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities
in northeast Indiana, creating 178 jobs by 2013.
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Fuel Systems of Angola and Steffy Wood Products say they will invest a total of $4.8 million on their production facilities
in northeast Indiana, creating 178 jobs by 2013.
Net income was $49.2 million, compared with a net loss of $16 million a year earlier, the Fort Wayne-based steelmaker said
Monday in a statement.
Red-tail Conservancy director Barry Banks says the group hopes to raise the full $150,000 as soon as possible to buy the 47-acre
Camp Munsee.
The lingering recession is cutting into the money Indiana’s not-for-profit groups generate from bingo, pull-tabs and other
gambling ventures, straining their budgets.
On a seasonally adjusted basis, the pace of mortgage loan activity fell 2.9 percent for the week ended July 9, according to the Mortgage Bankers Association. The rate for 30-year mortgages increased to 4.69 percent from 4.68 percent the previous week. The rate for 15-year mortgages increased to 4.12 percent from 4.11 percent.
TMG Construction Management Inc. has been hired to build out a 1,200-square-foot space for Excercise Inc. at 1430 N. Green
St., Brownsburg.
–Kristina Ehret has joined RE/MAX Legends Group in Indianapolis as an agent.
–Matthew Gunning and Mike Wheeler have joined RE/MAX Excel in Avon as agents.
-Turf Solutions leased 11,700 square feet at 10080 E. 121st St., Suite 130, Fishers. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The building owner, Fishers Ridge LLC, was represented by Darrin Boyd of Cassidy Turley.
-Spectrum Health Systems leased 6,042 square feet at 8200 Haverstick Road. The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Leland’s Fireplace & Patio leased 5,600 square feet at The Pavilion at Castleton, 5999 E. 86th St. The landlord, Stough Associates LP, was represented by Mark Perlstein of Sitehawk Retail Real Estate. The tenant represented itself.
-Fairway Independent Mortgage renewed a 4,530-square-foot lease at 8200 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-The Vitamin Shoppes leased 3,600 square feet at Washington Square Commons, 10110 E Washington St. The tenant and landlord, Thompson Thrift Development Inc., were represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Aspen Dental leased 3,400 square feet at Washington Square Commons, 10110 E. Washington St. The tenant and landlord, Thompson Thrift Development Inc., were represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Crandall’s Fish, Chicken & Shrimp leased 3,125 square feet at 8855 Pendleton Pike. Ron Mannon and Scott Herider of Grubb & Ellis Harding Dahm & Co. represented the landlord, North Winthrop Commons Inc. The tenant represented itself in the transaction.
-Chicago Title Insurance Company renewed a 3,096-square-foot lease at Smith Valley Professional Center, 1642 W. Smith Valley Road, Greenwood. The tenant was represented by Orion Realty Group of California in cooperation with Russell VanTil and Jon Owens of Cassidy Turley. The landlord, LSTR LLC, was represented by Cathy Richards of Grubb & Ellis Harding Dahm & Co.
-JDR Solutions renewed a 2,641-square-foot lease at 8250 Haverstick Road. The landlord, Shepard & Poorman Investments LLP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Maribeth Smith & Associates Inc. leased 1,997 square feet at 32 E. Washington St. The landlord, Indiana Symphony Society Inc., was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-K.B. Parrish & Co. LLP leased 1,440 square feet of office space at 6515 E. 82nd St. The landlord, BREOF Castleton Park REO, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-Polaris Commercial Investments purchased a 25,000-square-foot office building at 5455 W. 86th St. The price wasn’t disclosed. The buyer was represented by Scott H. Lindenberg of Echelon Realty Advisors. The seller, Riversource REO 1 LLC, was represented by Jim Logan of Colliers International.
-Hana BK LLC paid $960,000 for a 2,675-square-foot, freestanding building at 2122 E. 10th St. that houses a Burger King Restaurant. The buyer was represented by Kevin McCrann and Thomas McConnell of the New Jersey office of Marcus & Millichap Real Estate Investment Services. The seller, TI Investments LLC, was represented by Brian T. Southworth and Nathan D. Whalen of Marcus & Millichap’s Indianapolis office.
John Jacobs and a Cleveland-based partner have put a Friday deadline on offers for the 62-unit Richelieu apartments, a two-building
property at the intersection of North and East streets and Mass Ave.
The city’s Metropolitan Development Commission will consider providing Lightbound LLC with property tax abatements to offset
investment cost.
The Indiana Department of Environmental Management says the rule would impact sewage treatment plants upstream of lakes.
Representatives with the Indiana Black Expo and the city of Indianapolis say changes are likely for next year’s event
after 10 people were shot in a series of shootings downtown Saturday night. IBE spokeswoman Elizabeth Hart said she hopes
the weekend shootings will not reflect poorly on the organization or event. Indianapolis Public Safety Director Frank Straub
said the big issue that needs to be addressed is the number of unsupervised teen-agers downtown during the event.
A driver shot himself to death after leading police on a chase early Sunday through south-central Indiana, authorities say.
The chase started in Bloomington after the unidentified driver failed to stop for police and ended in Owen County after the
car got stuck in a field. Police from Bloomington, Indiana University, Ellettsville, Monroe County and Owen County participated
in the chase.
Mossler Law Firm of Carmel agreed to cease all business in Vermont, refund about $79,500 in fees paid by Vermont residents
and pay $60,000 in civil penalties.
A City-County Council subcommittee will meet Monday at 5:30 p.m. to vote on the plan to transfer Indianapolis' water
and sewer responsibilities to Citizens Energy Group. The Indianapolis Board of Waterworks approved the sale proposal last
month. If approved by the committee, the proposal will be referred to the full council for approval July 26. Fox59 will have
more at 4 p.m.
Bulldozers await an office complex that previously served as headquarters to August Mack Environmental. It’ll be the first
building demolished along Interstate 69 to make way for highway expansion.
There's one man controlling the contracts of Colts' quarterback Peyton Manning and overall No. 1 draft choice Sam
Bradford. And he'll use that leverage to squeeze as much cash as he can from the Colts and St. Louis Rams.
Symphony on the Prairie? Brooks and Dunn? What did you see, hear or do this weekend?