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8,727 results for 'Carmel'

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    Kurt Beier

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Articles

Leases/leasing contracts

May 2, 2014

-DuCharrme McMillen & Associates Inc. leased 41,150 square feet at 9229 N. Delegates Row. The tenant was represented by Matt Waggoner and Brian Askins of Cushman & Wakefield/Summit. The landlord, PP Indianapolis VI Project Corp., was represented by Rick Trimpe and Tim Hull of CBRE.
 
-Mi Corral leased 2,879 square feet of retail space in Greenbriar Shopping Center, 8537 Ditch Road. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.

-The Huntington National Bank leased 2,478 square feet of retail space in Sophia Square, 110 W. Main St., Carmel. The tenant and landlord, Carmel Lofts LLC (an entity of Keystone Realty Group), were represented by Scot Courtney and Bart Jackson of Lee & Associates.

-Moody Retail Shops LLC leased 2,160 square feet of retail space in Village Commons I, 862 S. State Road 135, Greenwood. The tenant was represented by Cathy Richards of Lee & Associates. The landlord, VC-1 LLC, was represented by Scot Courtney and Bart Jackson of Lee & Associates.

-Avon Health Associates LLC leased 1,600 square feet at 9245 N. Meridian St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Echo Associates, was represented by Ashley Bussell of Newmark Knight Frank Halakar.

-Caplin Sniderman LLC leased 1,500 square feet at 9245 N. Meridian St. The tenant was represented by Alex Sanders of Newmark Knight Frank Halakar. The landlord, Echo Associates, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.

-Center Grove Foot & Ankle Care renewed its lease for 1,240 square feet of office space in The 1250 Building, 1250 E. County Line Road. The tenant and landlord, AMARD LLC, were represented by Cathy Richards of Lee & Associates.

-Errol Isaac  DDS leased 1,200 square feet of retail space in Sherman Commons, 3709 E. Washington St. The tenant and landlord, Indy Management Group Inc., were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

Sales/acquisitions

May 2, 2014

-Highpointe Apartments LLC bought 12.81 acres of land at 136th and Illinois streets, Carmel. The seller, Frank K. Regan, was represented by Tom Osborne of Colliers International. The buyer represented itself.

-Yahya Sammour bought a 1,715-square-foot retail space at 3913 North Keystone Ave. The buyer and seller, C-Cat Properties LLC, were represented by Ron Escue of Colliers International.
 
-Mark A. Scott bought a 2,880-square-foot industrial property at 1225 Ransdell Court, Lebanon. The buyer was represented by Michael Weishaar of Cassidy Turley. The seller, Ridgway Revocable Trust Declaration, was represented by Jerry Alexander of Prudential Indiana Realty Group.

Interactive claims top MIRA Award for second straight year

May 2, 2014

The top honor at the Mira Awards on Saturday night went to software firm Interactive Intelligence, while academia made waves in other categories at the annual technology-sector event.

Carmel’s Main Street getting more upscale apartments

May 2, 2014

Carmel officials have signed off on Keystone Realty Group’s plans to build a five-story mixed-use building southwest of Old Meridian and Main streets.

Keystone-style overhaul discussed for key Hamilton County corridor

May 1, 2014

A study recommends replacing as many as 10 signalized intersections along State Road 37 with roundabout interchanges, dropping the highway under the cross streets.

People in the news – May 5, 2014

May 1, 2014

People listings are free.

MORRIS: Your vote counts this primary season

May 1, 2014

Not sure about races and who’s running? Here’s where you can find what you need to know.

CNO takes big earnings hit to dispose of old business

April 28, 2014

Excluding the cost of finally shedding a block of business from predecessor Conseco Inc., CNO's operations were on the upswing in the first quarter.

ITT student-loan bet stings Lilly’s credit union

April 24, 2014

A default-prone portfolio of loans to ITT Educational Services students has come back to haunt Eli Lilly Federal Credit Union, a full-service but otherwise conservative institution.

Finish Line’s chain of running stores ‘turning a corner’

April 24, 2014

The Finish Line Inc.’s 48-store specialty running chain has been stuck in neutral and unable to grind out a profit since its inception three years ago. But the Indianapolis-based athletics retailer thinks its Running Specialty Group is poised at least to break even this year after reporting small losses every year since 2011.

Firm that figured out how to sell hair-salon products online is snapped up by giant

April 24, 2014

Indianapolis startup Loxa Beauty was barely generating revenue last year when one of the biggest companies in its industry offered to buy it.

People in the news – April 28, 2014

April 24, 2014

People listings are free.

NRA seeks universal gun law at national meeting

April 24, 2014

The nation’s largest gun-rights group, which officially opens its convention of about 70,000 people Friday in Indianapolis, wants Congress to require that concealed weapons permits issued in one state be recognized everywhere, even when the local requirements differ.

Sales/acquisitions

April 24, 2014

-Carmel Medical Office Building LLC, an affiliate of Multi-Specialty Surgery Center, bought the 23,000-square-foot North Meridian Medical Center at 10601 N. Meridian St., Carmel. The buyer was represented by Ryan Sarbinoff of Marcus + Millichap. The seller, HSA PrimeCare, was represented by Robert Titzer of HSA PrimeCare.

-Circle City Outdoor Management LLC bought an 8,505-square-foot building at 5851 E. 34th St. The buyer was represented by Derek Menerey and Ashley Bussell of Newmark Knight Frank Halakar Real Estate. The seller, Last Chance Wrecker & Sales Inc., was represented by Chris Black of CBRE.

City cites apartments for hundreds of violations

April 24, 2014

Five local apartment complexes and one owner of multiple rental properties were accused of unreasonably consuming city, public, and law enforcement resources.

Carmel council delays annual arts funding

April 22, 2014

Carmel City Council postponed approval of the city’s annual arts grant program Monday amid questions about “perceived gaps” in the municipal budget.

Company news

April 21, 2014

Mainstreet Property Group LLC is trying to bring crowdfunding to nursing homes. The Carmel-based firm launched a new round of private placement fundraising Monday using a website run by Oregon-based CrowdStreet Inc. and a mix of traditional advertising in central Indiana. The goal is to raise $500,000 to $2.5 million to help Mainstreet construct a $13.3 million nursing care and rehabilitation facility in Bloomington. Mainstreet CEO Zeke Turner said if the Bloomington “test case” is successful, Mainstreet can use crowdfunding to boost its annual construction of health care campuses from $350 million currently to $500 million. Mainstreet is offering to pay “accredited investors” annual dividends of 10 percent while paying itself a $635,000 development fee. Mainstreet hopes to sell the Bloomington facility by mid-2015, which could boost investor returns to 14 percent. Mainstreet’s crowdfunding experiment comes as the company is under scrutiny over allegations that Turner’s father, state Rep. Eric Turner, helped defeat a nursing home construction moratorium that most of Mainstreet’s competitors supported.

Anthem Blue Cross and Blue Shield has signed contracts with 1,400 physicians under its Enhanced Personal Health Care initiative, which pays doctors extra to help keep patients healthier and out of the hospital. The initiative, coupled with accountable care organizations Anthem is working to form with hospitals, is part of a broader push in health care called value-based purchasing. “The biggest challenge in health care today is finding a way to improve quality while reducing costs,” said Dr. David Lee, Anthem’s vice president of provider engagement and contracting. As part of the initiative, Anthem shares with doctors claims information Anthem gathers on its patients so doctors can target their efforts on the patients most in need. Anthem also pays doctors an extra $3.50 per month for each Anthem patient they manage. If overall spending on Anthem patients goes down and doctors document they provided high-quality care, Anthem shares some of the savings with doctors at the end of the year. The enrollment of doctors so far is a bit of a step back from the Quality Health First program Anthem previously operated to encourage physician management of patients’ overall health. That program had 2,200 physcians participating when Anthem pulled out of it in early 2013.

St. Vincent Health and the Cleveland Clinic have partnered in the opening of a new 8,000-square-foot kidney transplant center in Portage, Ind., to see patients before and after their transplant surgeries in Indianapolis. In a press release, St. Vincent noted that the average wait time for a kidney transplant in the Chicago area is six years, compared with 14 months at St. Vincent Indianapolis Hospital. Patients waiting for a transplant via another hospital system can transfer their wait times to St. Vincent. St. Vincent and Cleveland Clinic established their transplant partnership five years ago, focusing on kidney and pancreas procedures. Transplant surgeons working at St. Vincent’s 11-bed renal transplant unit in Indianapolis are employed by Cleveland Clinic.

Community Health Network opened a 65,000-square-foot, free-standing cancer center on the campus of Community Hospital South. The facility centralizes all the cancer care providers patients see—including physicians, radiologists, social workers, dieticians and financial counselors—so patients can make fewer visits to the center. Community hopes the center, which includes 16 infusion rooms, serves patients from as far away as Columbus, Seymour, Shelbyville and Greensburg.

Carmel neighbors up in arms over plans for Monon Lake

April 18, 2014

M/I Homes of Indiana’s plans to develop a 43-home community on heavily wooded property along the Monon Greenway is facing opposition from neighbors and members of the Carmel Plan Commission.

STYRING: Utopian transit dreamers could railroad taxpayers

April 18, 2014

After years of trying, mass transit advocates have finally steered a central Indiana transit bill through the General Assembly. It authorizes county councils and, in some cases, township boards to approve ballot referenda imposing up to a 0.25-percent transit income tax.

Banks whittle down Indy-area branches

April 17, 2014

Since January 2013, banks have closed 35 branches in Marion County and surrounding counties but have opened only six new ones.

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