Colts owner Irsay’s court hearing delayed
The Hamilton County Prosecutor's Office issued a statement Tuesday saying the hearing was postponed "unless or until" formal charges are filed against him.
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Software firm TinderBox lands $3M VC investment
Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.
Expensive homes selling quickly in Indianapolis area
Pricier houses are vanishing from the market faster than less-expensive homes due to a temporary bottleneck caused by rising demand and a slow recovery by builders.
State nixes Common Core, but new model may be similar
Indiana on Monday became the first state to formally withdraw from Common Core education standards. A proposed new program is already being criticized as too close to Common Core.
Leases/leasing contracts
-OHL renewed its lease for 414,424 square feet at 1100 Whitaker Road, Plainfield. The tenant was represented by Andrew Morris of Summit Realty Group and Steve Schwegman of JLL. The landlord, Transpacific Development Co., represented itself.
-All Spark Wholesale leased 23,538 square feet of warehouse space in Washington Market, 10437 E. Washington St. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.
-Thurston Springer Miller Herd & Titak Inc. leased 10,717 square feet at 9000 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Zito of JLL. The tenant represented itself.
-Eskenazi Health renewed its lease for 5,300 square feet of space in Eagledale Plaza, 2802 N. Lafayette Road. The landlord, Sandor Development, was represented by Lloyd Otani of Sandor. The tenant represented itself.
-Visionworks leased 3,946 square feet at West Carmel Marketplace, 9893 Michigan Road, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Casto, was represented by Jacque Haynes and John Byrne of Cassidy Turley.-Goodwill Industries of Central Indiana leased 3,800 square feet of retail space at 2361 Broad Ripple Ave. The tenant was represented by Bill French of Cassidy Turley. The landlords, Ko Yun Sam and Chung Hee, were represented by Jacque Haynes and Bennett Williams of Cassidy Turley.
-Visionworks leased 3,640 square feet at Village Park Plaza, 2009 E. Greyhound Pass, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Pat O’hara.
-Visionworks leased 3,500 square feet at Fishers Corner Shoppes II, 11761 Commercial Drive, Fishers. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, HI Fishers Corner LLC, was represented by George Dury of Dury Investments.-Visionworks leased 3,027 square feet at 10777 E. Washington St. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Indiana Properties Group, was represented by Jacque Haynes of Cassidy Turley.
-Visionworks leased 3,000 square feet at Greenwood Park Mall. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.
-Visionworks leased 3,000 square feet at Castleton Square Mall. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Simon Property Group, was represented by Simon's Lorene Wright.
-Visionworks leased 2,870 square feet at Avon Commons, 10445 E U.S. 36, Avon. The tenant was represented by Patrick Boyle of Midland Atlantic Properties in conjunction with The Retail Connection of Dallas, Texas. The landlord, Aviana Company 3 LLC, was represented by Joseph Khouri of Carnegie Management & Development.
-Hanzo Logistics Inc. leased 2,285 square feet of freezer/cooler space at 4001 W. Minnesota St. The tenant was represented by Cam Kucic and Matt McGrady of Summit Realty Group. The landlord, Tippmann Properties Inc., was represented by Tippmann's Larry Hughes.
-RadioShack Corp. leased 1,800 square feet of retail space at 791 S. State Road 135, Greenwood. The tenant was represented by Bill French of Cassidy Turley. The landlord, Schoolcraft Commercial Real Estate, was represented by Bart Jackson of Lee & Associates.
-Spark Holdings Group Inc. leased 1,217 square feet of retail space at 9893 N. Michigan Road, Carmel. The tenant was represented by Joe Faulkner of Sycamore Group Associates. The landlord, CASTO, was represented by Jacque Haynes of Cassidy Turley.
Kentucky teams drive surge in demand for Indy’s NCAA regional
Demand for tickets and local hotel rooms spiked once it became clear that Kentucky and Louisville would meet in the Sweet Sixteen at Lucas Oil Stadium this weekend.
Caucus secrecy cloaks important legislative moves
A private caucus fight over nursing home construction during the final days of the 2014 session ultimately spurred House Speaker Brian Bosma, R-Indianapolis, to call for an investigation into whether one of his own caucus members violated state ethics rules.
Following Irsay arrest, sponsor support at ‘highest point ever’ for Colts
The Indianapolis Colts don't appear to be in jeopardy of losing many sponsors after Jim Irsay's March 16 arrest for driving under the influence and illegal drug possession.
Irsay’s behavior is personal
I agree that one should hold owners, co-founders and CEOs to higher standards, but Jim Irsay’s driving while intoxicated charge is personal, not business, meaning the Colts should not be penalized by the NFL one iota.
MORRIS: Jim Irsay deserves our support
I don’t know Jim Irsay personally, but I feel like I know him. I’d like to know him better. I’ve been thinking a lot about Jim and his situation the last few days. I keep wondering if there’s something I can do to help, and for now this column is my best effort in that regard.
Westfield hopes to make money on Grand Park’s ancillary development
As competition kicks off at Westfield’s sprawling Grand Park Sports Campus, city leaders are working to recruit corporate partners willing to support their field of dreams.
Fresh idea: Specialty grocers finally eyeing south side
The south side is beginning to receive at least some attention from grocery players, including specialty ones that are much more prevalent to the north.
Irsay arrest spurs talk of Colts succession plan
Indianapolis Colts owner Jim Irsay gave a clear signal in 2012 about his long-term succession plan by naming his three daughters vice chairwomen and co-owners. His March 16 arrest might hasten the launch of that plan, or at the very least give Colts fans a glimpse of what it will look like.
Top 10 most profitable hospitals around Indianapolis
Based on 2012 data, 23 of 30 hospitals in central Indiana are generating profits from their operations of 10 percent or more. The Indiana Orthopaedic Hospital and St. Vincent's Carmel campus are on top. After that, there are a few surprises.
Democrats seek ethics investigation of Turner
Democratic Party Chairman John Zody asked Republican House Speaker Brian Bosma on Tuesday to investigate whether Republican Rep. Eric Turner of Cicero violated House ethics rules in fighting a nursing home ban this session.
Lawmakers OK bill keeping school buses on the road
Legislators delivered a temporary reprieve to Westfield Washington Schools and other districts facing steep losses in their transportation budgets, but the final version of House Bill 1062 did not allow some to test the market for school-bus advertising.
Roundup: La Mulita, Artisano’s, Tinker Street
La Mulita, a cantina-style restaurant, is moving into the SoBro building that houses Delicia, Artisano’s is taking the last available space at Nora Shops West, and Tinker Street is expected to open this summer on East 16th Street.
Home-remodeling firm giving new life to vacant Carmel center
The vacant, 14,500-square-foot property in the heart of the city has been purchased by a local home-remodeling company, which plans to occupy half the building and lease the rest.
Technology Power Breakfast transcript
Indianapolis Business Journal gathered tech leaders for a Technology Power Breakfast panel discussion March 14. The panel talked about topics ranging from ExactTarget to mentors to raising capital.