Search Results

Clarian Health won approval to extend its network of contracted providers to 15 new counties as part of an expansion of its
Medicare Advantage insurance plan for seniors. A story in last week's Health Care & Reform Weekly implied the geographic
expansion was part of a different Clarian effort to launch a new health insurance plan for employers.

Riley Children’s Foundation received a $1.5 million pledge from the Jeff Gordon Children’s Foundation
to create a cancer research fund. The gift will create a $1 million endowment to fund collaborative research at Riley
Hospital for Children and the Wells Center for Pediatric Research at the Indiana University School of Medicine.
The remaining $500,000 will address immediate research needs at Riley hospital.

Indiana Spine Group will break ground on a 60,000-square-foot facility in Carmel on Aug. 2. The Indianapolis-based
physician practice says it will be able to provide care for any spinal disorder at the center. Located just south of the St.
Vincent Carmel Hospital, the facility will open in the fall of 2011. Indiana Spine Group will relocate its practice, which
is currently near St. Vincent Indianapolis Hospital.

Eli Lilly and Co.’s profits spiked 16 percent in the second quarter to $1.3 billion, or $1.22 per
share, handily beating expectations of Wall Street analysts. Revenue at the Indianapolis-based drugmaker rose 9 percent to
$5.7 billion in the quarter. The company raised its year-end profit forecast by a dime a share, to a range of $4.50 to $4.65,
excluding special items.

Zimmer Holdings Inc. also topped Wall Street expectations for second-quarter profit. The Warsaw-based maker
of orthopedic implants turned a profit of $165.5 million, or 82 cents per share. But it spent $86.5 million on legal claims
and an acquisition. Excluding those costs and special tax savings, the company would have earned $221.2 million, or $1.09
per share—four cents above analysts’ expectations, according to Thomson Reuters. Sales rose 3 percent to $1.06
billion.

On a seasonally adjusted basis, the pace of mortgage loan activity increased 7.6 percent for the week ended July 16, according
to the Mortgage Bankers Association. The rate for 30-year mortgages fell to 4.59 percent from 4.69 percent the previous week.
The rate for 15-year mortgages dropped to 4.05 percent from 4.12 percent.

TMG Construction Management Inc. has started construction on a tenant build-out at 15 S. Main St., Zionsville, for Prudential
Indiana Realty Group.

–Craig Hays has joined CBRE’s Valuation & Advisory Services team as a senior appraiser.

–Rosemary Seaborne has joined Exit Realty One, Greenwood, as an agent.

–Jodi Milto has joined Midland Atlantic as a retail specialist.

Clarian Health has appointed Chris Van Pelt as chief information officer. Van Pelt, who has been part of
Clarian Information Services since October 2004, has held the position on an interim basis for nine months.

Community Home Health Services, a unit of Community Health Network, named Dr. Waqas Ghumman its associate
medical director for cardiovascular services, to help Community’s staff care for heart-failure patients in their homes.

 

-Jones Lang LaSalle has been named exclusive leasing and management agent for Meridian Corporate Plaza One and Two, at 301 and 401 Pennsylvania Parkway, by Inland American Real Estate Investment Trust. The 66,000-square-foot Meridian Corporate Plaza One is vacant. The other building, at 135,500 square feet, is 96-percent leased. John Robinson and Adam Broderick will oversee leasing and Jeff Reynolds will oversee management of the buildings.

-Earnest Machine leased 89,719 square feet at 5130 West 76th St. The tenant was represented by Dustin Looper of Colliers International. The landlord, Duke Realty, represented itself.

-Durham School Services leased 24,000 square feet and eight acres at 1777 S. Belmont Ave. The tenant was represented by Mark Stephenson of Sigma Group.  The landlord, Belmont Terminal Inc., represented itself.

-Coinmach Inc. renewed its lease for 20,000 square feet at 2450 N. Shadeland Ave. The landlord, Shadeland South Business Park LLC, was represented by Mark Stephenson of Sigma Group. The tenant was represented by Latt Purser & Associates of North Carolina.

-Durham School Services leased 9,600 square feet and six acres at 2525 N. Shadeland Ave. The tenant was represented by Mark Stephenson of Sigma Group.  The landlord, Western Select Properties LP, was represented by Greg Folz and Michael Weishaar of Cassidy Turley.

-Cellular Connection leased 4,235 square feet at Greenwood Springs, 1133 N. Emerson Ave., Greenwood. The tenant was represented by Jamison Downs of Sandor. The landlord, Regency Realty Group Inc., was represented by Keith Fried of Sitehawk Retail Real Estate.

-Infinias LLC leased 4,098 square feet at 857 W. Carmel Drive in the Carmel Tech Center. The tenant was represented by Thomas Willey of Mathewson Willey Realty Advisors. The landlord, Atapco Properties, was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.

-Wha-Laa Coupons LLC leased 3,000 square feet at 5155 N. Shadeland Ave., Suite 200. The tenant and landlord, JMMC LLC, were represented by Keith Dedrick of Corporate Commercial Group.

-Traders Point Creamery leased 1,800 square feet at Park 100 Industrial Center, Building 30. The tenant was represented by Ross Reller of Colliers International. The landlord, Prologis, represented itself.

-Madame Royale LLC leased 1,750 square feet at Southport Pavilion, 5325 E. Southport Road. The landlord, Southport Pavilion LLC, was represented by Donna Hovey and Shannon Hicks of CB Richard Ellis. The tenant represented itself.

-tHAIRAPY Hair Salon leased 1,600 square feet at 5537 E. Washington St. The landlord, 5535 E. Washington Associates, was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.
 
-Roll With It Bakery LLC, leased 1,600 square feet at 5539 E. Washington St.  The landlord, 5535 E. Washington Associates, was represented by Keith Kleinmaier of Retail Realty. The tenant represented itself.

-3 Angel’s Haircare & Beauty Supply leased 1,400 square feet at Shadeland Corner Shopping Center, 4554 N. Shadeland Ave.  Keith Kleinmaier of Retail Realty represented the landlord, Shadeland Center LLC. The tenant represented itself.

-Estetica Adela’s leased 1,200 square feet at Plaza Las Palmas, 3350 N. High School Road.  The tenant was represented by Kelli Membreno of Libertad Real Estate. The landlord, Pentak LLC, was represented by Keith Kleinmaier of Retail Realty.

-Bryton Corp. bought a 13,500-square-foot building at 4011 Championship Drive in Park 100. The price wasn’t disclosed. The buyer was represented by Ted McClure of McClure Commercial Real Estate. The seller, US Centrifuge, was represented by Keith Dedrick of Corporate Commercial Group.

-Circle City Rebar LLC bought a 16,855-square-foot light manufacturing building located at 4002 Industrial Blvd. The price wasn’t disclosed. The buyer was represented by Bill Brennan of Grubb & Ellis Harding Dahm & Co. The seller, K&E Properties LLC, was represented by Kevin Kempf and Patrick Lindley of Cassidy Turley.

-Shriya Properties Inc. bought a 7,000-square-foot office building at 6960 Gray Road. The price wasn’t disclosed. The buyer was represented by Diana Elmore of Turtle Creek Realty. The seller, Patels N Amin Inc., was represented by  Bob Lindgren and Rick Jones of Grubb & Ellis Harding Dahm & Co.

A former schoolyard turned into a crime scene after the body of Anthony Fred Daly, 50, was found with multiple stab wounds
just before 7 a.m. Sunday. Indianapolis Metro Police said Daly was found by a man who was walking his dog behind former IPS
School 21 in the 2800 block of English Avenue. Investigators identified the victim through his fingerprints. Now officers
hope clues left at the scene will help lead them to the killer. Anyone with information about Daly’s murder is asked
to call Crimestoppers at 262-TIPS.