Think long term for Asherwood’s future
IBJ’s [Sept. 8] report on the for-sale listing of the Simon family’s 106-acre estate, Asherwood, in Carmel presents a great opportunity for a new owner to reforest the 18-hole golf course.
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Articles
Local pair wages battle against Manhattan financier
Jonathan Evans and Sean O’Connor of the Carmel investment firm JWEST LLC are trying to win election to the board of Rand Logistics, which they believe is being mismanaged by Chairman Laurence Levy.
Third specialty grocer eyes 146th Street corridor
The competition among specialty grocers is heating up along 146th Street, where startup Fresh Thyme Farmers Market is planning a store less than two miles from sector stalwarts Whole Foods and The Fresh Market.
Lou’s A&E priority list through Sept. 17
Indy Jazz Fest, Kevin Kline’s return to IU, and more among this week’s choices.
PGA Tour event returning to Crooked Stick
The BMW Championship will tee off again at Carmel’s Crooked Stick Golf Club in 2016. In 2012, the event, won by Rory McIlroy, generated $30 million in economic impact for the region.
Leases/leasing contracts
-JLL has been hired by USAA Real Estate Co. as leasing manager for Lake Pointe Center III and Lake Pointe Center IV at 8470 and 8520 Allison Pointe Blvd. JLL's Kevin Gillihan and Eric Pryor will handle leasing at the 170,000-square-foot office complex.
-Emporium LLC leased 40,980 square feet at River Ridge Plaza, 2100 Scatterfield Road, Anderson. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Sandor, was represented by Jeff Roberts of Sandor.
-CDI renewed its lease for 12,106 square feet at 11900 N. Meridian St. The tenant was represented by Tim Norton of Cushman & Wakefield/Summit. The landlord, Cornerstone Companies Inc., represented itself.
-Circle City Martial Arts & Fitness leased 6,591 square feet at 6107 Airport Blvd., Building 106, Mount Comfort. The tenant was represented by Joe Lonnemann of NAI Meridian Real Estate LLC. The landlord, The Peterson Property Group LLC, was represented by Matt Langfeldt, Rich Forslund and Jason Speckman of Cushman & Wakefield/Summit.
-AFC Enterprises d/b/a Popeyes Louisiana Kitchen leased a 5,480-square-foot building at 6161 E. 82nd St. The tenant was represented by Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The landlord, Huffer Holdings LLC and SunTrust Bank, was represented by Jeff Hubley and Patrick Boyle of Midland Atlantic Properties.
-McGilvery’s Tap House leased 4,260 square feet at Greenbrook Shoppes, 8249 U.S. 31 South. The tenant was represented by John Schick of Schick Properties. The landlord, Williams Realty Nine LLC, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate.
-American Mattress leased 3,313 square feet at Fishers Marketplace, 131st Street and State Road 37, Fishers. The tenant was represented by David Lucas of Julius M. Feinblum Real Estate Inc. The landlord, Thompson Thrift Development, was represented by Ryan Menard of Thompson Thrift.
-TKO Taekwondo leased 2,560 square feet at Greenbriar Shopping Center, 1315 W. 86th St. The landlord, Prime Property Investors Fund VIII, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-The Urban Chalkboard leased 2,529 square feet at The Carmel Marketplace, 452 E. Carmel Drive, Carmel. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, Buckingham Fountains LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.
-9 Dragons Distribution leased 2,400 square feet at Centre East Shopping Center, 10537 E. Washington St. The landlord, Centre East LLC, was represented by Dean Almas of Sitehawk Retail Real Estate. The tenant represented itself.
-State Farm leased 1,600 square feet at 6335 Intech Commons Drive. The landlord, Inland American Management LLC, was represented by Jeff Hubley of Midland Atlantic Properties. The tenant represented itself.
-Menchies Frozen Yogurt leased 1,600 square feet at 2683 E. Main St., Suite 108, Plainfield. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Plainfield Commons II LLC, was represented by Liz Yoho of Providence Development LLC.
-Total Home Design Center leased 1,600 square feet at Meridian Meadows, 3003 Meridian Meadows Road, Greenwood. The landlord, TCP Meridian Meadows LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Dottie Couture leased 1,340 square feet at The Depot at Nickelplate, 8594 E. 116th St., Fishers. The tenant was represented by Allison Hawley of Niessink Commercial Real Estate. The landlord, Fishers Owners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
More Carmel apartments on the drawing board
An affiliate of Butler Automotive Group is asking Carmel for a zoning change that would clear the way for a 235-unit apartment complex just north of an under-construction Hyundai dealership at 96th Street and Randall Drive.
Court ruling over gay marriage sparks celebration, confusion
Supporters of gay marriage celebrated in Indiana on Thursday after a federal appeals court upheld a ruling that the state's ban on same-sex unions is unconstitutional. But many took a cautious approach to the ruling, noting the legal fight is far from over.
Shapiro’s to open restaurant in Fashion Mall
The 4,200-square-foot restaurant will be about 60 percent smaller than Shapiro’s downtown flagship location, but will carry most of the same menu items the deli is known for, plus some new ones.
Noblesville pursues cultural district designation
Noblesville is positioning itself to join an elite group of Indiana Cultural Districts—a state designation officials say should boost the city’s appeal and help drive economic development.
Two downtown office towers changing hands
The 36-story Regions Tower is selling in a negotiated transaction, and the 30-story Market Tower is getting a new owner via a loan default. They are among downtown’s largest office complexes.
Ideal owners needed for tricky north-side properties
Size and age complicate the sale of several prominent structures in Boone and Hamilton counties.
Simon estate in Carmel hits market for $25 million
The 106-acre property includes a 50,000-square-foot mansion and private, 18-hole golf course. Mel Simon and his wife, Bren, had been working on disposing of the home even before the billionaire’s death in September 2009.
UPDATE: NFL suspends Irsay for 6 games, fines him $500,000
Indianapolis Colts owner Jim Irsay has been suspended for six games and fined a maximum $500,000 by the National Football League for violating the league's personal conduct policy, the NFL said Tuesday.
UPDATE: Irsay pleads guilty to misdemeanor in drug case
Colts owner Jim Irsay will be on probation for a year and be required to submit to drug tests. His driver's license has been suspended for one year.
Self-made developer, Castleton pioneer Peterson dies at 84
Howard C. Peterson, an enterprising bricklayer who went on to build a prolific development company that transformed Indianapolis' north side with massive office complexes, died Friday after a long illness. He was 84.
Indiana gay marriage supporters push hard in 2014
Voters who'd hoped to decide whether to place the state's gay marriage ban in the Constitution won't find the issue on the November ballot. But same-sex marriage is still playing a role in many political races, giving Democrats hopes of gaining a critical foothold in the heavily Republican state.
Appeals court finds for employee in fight over non-compete pact
An Indiana man who joined a competitor immediately after his employment ended at a Carmel-based company did not violate a non-compete agreement, the Indiana Court of Appeals ruled Thursday.
Keystone seeks $3.8M subsidy for Carmel project
Keystone Realty Group is asking Carmel to issue $3.8 million in economic development bonds to help pay for parking and site work on a 5.3-acre property it plans to redevelop at the intersection of Old Meridian and Main streets.