Indianapolis airport plan plays up money-making logistics
Growing cargo and logistics business overshadows such titillating concepts as solar farm, recreation campus.
Growing cargo and logistics business overshadows such titillating concepts as solar farm, recreation campus.
Indiana-based Omnicity Corp. has filed countersuits against the owners of two companies it acquired who are charging in court that Omnicity failed to fully pay them for the acquisitions.
Marsh Supermarkets Inc. has agreed to pay a total of $42,500 to settle a National Labor Relations Board case accusing the grocery chain of interfering with workers’ attempts to unionize.
The $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former Central Restaurant Products building to accommodate one- and two-bedroom apartments.
A Greenwood man was killed early Friday morning when he drove the wrong way on State Road 37 and hit another vehicle. Trent Schmidt, 35, was pronounced dead at the scene about 4 a.m. after he drove his Toyota Corolla into a Honda Accord near the Banta Road intersection. The 24-year-old Honda driver was taken to the hospital with minor injuries. Northbound lanes were closed for more than three hours after the accident.
Roche Diagnostics Corp. is expanding one of its Indianapolis manufacturing plants to keep up with growing sales of its leading brand of blood glucose monitors.
Indiana students as a group have been underperforming and schools as a group have been failing.
Construction is in the blood of Mamon Powers III. In 1967, the eldest Mamon Powers, whose father had worked in construction, founded Powers & Sons Construction Co. Mamon Powers Jr., now the company’s CEO, joined four years later. And at 31, Mamon Powers III serves as vice president in charge of the Indianapolis office.
President Larry Bird fired head coach Jim O’Brien on Sunday after the team squandered a promising start to the season by losing seven of its past eight games.
Indianapolis Metropolitan High School implemented a school-wide overhaul in its educational approach in only three months. The charter school might be the face of the future for all Indiana public schools.
Bianco Properties has purchased its fourth Indianapolis property in less than five years and is pursuing more deals here.
-The Family & Social Services Administration renewed its lease for 86,000 square feet at 2525 Shadeland Ave. The tenant was represented by R.J. Rudolph and Tim O’Brien of Colliers International. The landlord, Norry Management, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.
-Arlington/Roe leased 21,089 square feet at 8900 Keystone Crossing. The tenant was represented by Rick Trimpe of CB Richard Ellis. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Planet Fitness leased 19,260 square feet at North Willow Mall, 2302 W. 86th St. The tenant was represented by Bart Jackson of Lee & Associates. The landlord, Township 86th Development Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Flaherty & Collins Inc. leased 12,871 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.
-Slingshot SEO leased 11,576 square feet at 8900 Keystone Crossing. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Horizon Planning Group leased 9,344 square feet at 9000 Keystone Crossing. The tenant was represented by Andrew Follman of Meridian Real Estate. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Investors Titlecorp leased 6,392 square feet at 111 Congressional Blvd., Carmel. The tenant was represented by Debbie Shumate Johnson of Alliance Commercial Real Estate. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.
-3DT Holdings leased 5,637 square feet at 251 N. Illinois St. The tenant was represented by Lynn S. Fischer of Fischer & Associates Inc. The landlord, Indiana Secondary Market for Education Loans Inc., was represented by Ryan Conrad of Colliers International.
-Stewie’s Family Pub leased 3,200 square feet at Saratoga Shops, 1070 W. Main St., Plainfield. The tenant was represented by Bart Jackson of Lee & Associates. The landlord, Saratoga Associates LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Dr. Ronald Banta, D.P.M., Inc. renewed its lease for 2,789 square feet of space at Keystone Office Park, 3077 E. 98th St., Suite 100. The tenant was represented by Conrad Jacobs and Matt Kiger of Newmark Knight Frank Halakar. The landlord, BREOF Keystone, was represented by David Moore of Cassidy Turley.
-Jet’s Pizza leased 2,100 square feet at Colby Shoppes, 954 N. State Road 135, Greenwood. The tenant was represented by Lynn S. Fischer of Fischer & Associates Inc. The landlord, KLC Realty, was represented by Colliers International.
-Dr. Jay Hollander, DDS, PC, renewed its lease for 1,900 square feet at 1255 W. 86th St. The tenant was represented by Debbie Shumate Johnson of Alliance Commercial Real Estate. The landlord, Prime Property Investors Fund VIII, was represented by Fred Frisch of Prime Property Investors.
-Flourish Yoga LLC leased 1,866 square feet of retail space in Fall Creek Harbour Shoppes, 10138 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Massey Martial Arts Academy LLC leased 1,585 square feet of retail space in Fall Creek Harbour Shoppes, 10114 Brooks School Road, Fishers. The tenant was represented by Rich Block of Paragon Realty LLC. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Foster Contracting LLC leased 1,500 square feet of industrial space 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.
The state’s principal fund investing in high-tech companies has reached a milestone—for the first time recouping all the money it granted an emerging company, and then some.
Assorted issues advanced by Republican Gov. Mitch Daniels are confronting political pushback—from his Republican legislative majority.
Top commercial real estate firms have been playing a name game of late, picking up or dropping national affiliations in a broad realignment of the city’s brokerage business.
The ongoing rehab of Interstate 465 will continue to be the biggest highway project in the metro area in 2011, but the rebuilding of an 11-mile segment on the west side could be all but finished by the end of the year—just when other significant highway projects will get under way in the metro area.
Millions of homeowners, however, might feel like they got a lump of coal. Homeowners who don’t itemize their deductions will lose a tax break for paying local property taxes.