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WHITE: Car culture drives up development costs
In central Indiana, 94 percent of Hoosiers own a car, and we generally don’t think twice about getting behind the wheel to go to work, the grocery store or the doctor’s office.
What’s New: MyBestFriendsHair
Meet Janell Shaffer and Danielle McDowell, who started consumer-review service MyBestFriendsHair.com to help folks like them looking for the right hair stylist.
Google unveils biz photo service in Indianapolis
The interactive virtual tour gives customers a glimpse of the layout and decor of a business without setting foot inside the location. For St. Elmo Steak House, where the service was introduced locally, it was an easy sell.
Construction
-Thompson Thrift Construction has completed construction of an 8,630-square-foot Cheddar’s Casual Café at 9512 Rockville Road, Avon.
-Capitol Construction has completed a 3,900-square-foot office build-out for Nationwide Insurance at 11555 N. Meridian St., Carmel.
-Capitol Construction has completed a 30,000-square-foot build-out for Child Advocacy Center at 4134 N. Keystone Ave.
Leases/leasing contracts
-The Restaurant Store leased 25,317 square feet of retail space at Lafayette Place, 3708 Commercial Drive. The landlord was represented by Drew Kelly of Sandor Development. The tenant represented itself.
-Liberty Mutual leased 23,507 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Mark Stables of Grubb and Ellis. The landlord, Zeller Realty Group, was represented by Zeller’s Mark Vollbrecht and Tristan Glover.
-Flowers Baking Co. of Morristown LLC leased 11,218 square feet of industrial space at 3131 N. Franklin Road. The tenant was represented by Todd Vannatta and Bart Book of Cassidy Turley. The landlord, International Metals Processing LLC, represented itself.
-Security Equipment Supply leased 8,144 square feet of industrial space at 7998 Centerpoint Drive. The tenant was represented by Todd Vannatta of Cassidy Turley. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-Crossroads Lighting LLC leased 6,000 square feet of industrial space at 2525 N. Shadeland Ave. The landlord, Cassidy Turley, acting as court-appointed receiver, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley. The tenant represented itself.
-United Package Liquors leased 4,200 square feet of retail space in Stafford Crossing Shopping Center, 2230 Stafford Road, Suite 121, Plainfield. The tenant was represented by Adam Hill of United Package Liquors. The landlord, LOR Corp., represented itself.-IU Health leased 3,200 square feet of office space in Stafford Crossing Shopping Center, 2230 Stafford Road, Plainfield. The tenant was represented by Rebecca A. Harpe of Harpe & Co. LLC. The landlord, LOR Corp., was represented by Brett Burch of Valenti Real Estate Services.
-Metrology Support Systems LLC leased 1,747 square feet of industrial space at 9855 Crosspoint Blvd. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Dr. Joseph Hadley DDS leased 1,600 square feet of office space in Geist Crossing North Shopping Center, 9850 E. 79th St. The tenant was represented by Bill Scott of UGL Equis. The landlord, LOR Corp., represented itself.
-Mr. Dan’s restaurant leased 1,500 square feet of retail space in Washington @ Post Shoppes, 8975 E Washington St., Suite 102. The landlord, LOR Corp., was represented by Brett Burch of Valenti Real Estate Services. The tenant represented itself.
-Cesar’s Group Fitness Studio leased 1,500 square feet of retail space in 96th Street Station Shopping Center, 9546 Allisonville Road, Suite 117. The tenant was represented by Tracey Holtzman of Midland Atlantic. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley.
-Chiropractor David Bax renewed his lease for 1,389 square feet of office space in Eagle Highland Office Park, 3945 Eagle Creek Parkway. The tenant was represented by Steve Beals and Richard King III of Lee & Associates. The landlord, Healthcare Trust of America Inc., was represented by Jim Mount of Hokanson Cos. Inc.
People
Senior Health Insurance Company of Pennsylvania and Fuzion Analytics Inc., both of which operate out of Carmel, appointed Patrick Bogan as chief information officer. Senior Health Insurance was created by the Pennsylvania Department of Insurance in 2008 to take over troubled long-term-care policies from Carmel-based CNO Financial Group Inc. Fuzion is a data mining and analytics firm that serves long-term-care insurers. Bogan previously worked for Senior Health Insurance from 2008 to 2011. He holds a bachelor’s degree in computer information systems from Purdue University.
Carmel police seek burglary suspect
Carmel police are looking for a burglary suspect after a 20-year-old said she woke up Wednesday morning to find a strange man in her parents’ home. The woman said he fled at about 8:30 a.m. after the two made eye contact. Investigators found evidence that the man had been through several rooms. Shortly after he fled, another Carmel house was broken into, and investigators believe the two cases are connected.
DIRECTORY: Home Builders Directory
Mark S. Adams Building Corp. 8058 Bowline Drive, 46236 (317) 590-3690 / fax (317) 826-0120 Website: msabuildingcorp.com Average price of homes: $700,000 Areas of most activity: Marion County Head(s) of local operations, title(s): Mark Scott Adams, president Owner(s): Barbara W. Adams, Mark Scott Adams Established locally: 1980 Adams & Marshall Homes Inc. 9310 N. Meridian […]
Area real estate agents retool to stay relevant
With information booming online, agents are offering more services.
New Purdue president Daniels to live on campus
Indiana Gov. Mitch Daniels says he'll live in the president's house once he takes over at Purdue University but will go back and forth to his Carmel home.
Funds help launch Carmel arts center
The Center for the Performing Arts just finished a monumental season of programming. Well over 100,000 guests visited, making the center and its Palladium concert hall one of the region’s most visible destinations.
Angie’s List suit laughable
Your [June 4] article on the federal lawsuit initiated by Angie’s List against its largest online competitor, ServiceMagic, made us laugh.
Ryland purchases 504 local lots from home builder
California-based Ryland Group Inc., the Indianapolis area’s third-largest home builder, said it bought the Indianapolis-area lots from Westport Homes.
Basile assures progress on arts center
The Center for the Performing Arts Interim CEO Frank Basile said it's making financial progress but will continue to need support from the city of Carmel. Mayor James Brainard is asking the city council to put $1.62 million in the Support for the Arts Fund, which last fall was allotted $265,000. The funding increase would […]
Leases/leasing contracts
-Stanley Security Solutions leased an additional 26,191 square feet of office space at One Concourse at Crosspoint, 9998 Crosspoint Boulevard. The tenant was represented by Nick Arterburn of CBRE. The landlord, Edgeworth Laskey Properties LLC, represented itself.
-Draper Manufacturing leased 8,000 square feet of industrial space at 4008 W. 10th St. The landlord, Speedway Industrial Park, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.
-Real Fitness Indy LLC leased 6,390 square feet at Northview Mall, 1706 E. 86th St. The tenant was represented by Molly Welch and Ralph Balber of Newmark Knight Frank Halakar. The landlord, Northview Properties, represented itself.
-Matt the Miller’s leased 5,334 square feet of retail space in Carmel City Center 100 City Center Drive, Carmel. The tenant was represented by Robyn Smart of Lee & Associates and Mary Bresnahan of CBRE. The landlord, Carmel City Center LLC, was represented by Melissa Averitt of Pedcor.
-Perfect Smiles Dental Care leased 3,105 square feet at 7440 Shadeland Ave. The tenant was represented by Matt Jackson of Ambrose Property Group. The landlord, 7440 Shadeland LLC, was represented by Tom Frank of Summit Realty Group.
-The Little Nail Shop leased 2,975 square feet at Meridian North, at 96th and Meridian streets. The tenant and landlord, Landmark Properties Inc., represented themselves.
-Axum Ethiopian Restaurant leased 2,340 square feet at 11210 Fall Creek Parkway. The tenant and landlord, Fall Creek Shoppes LLC, were represented by Matt Jackson of Ambrose Property Group.
-Keller’s Jewelers leased 2,300 square feet of retail space at Fortune Plaza, 9655 E. US Highway 36, Avon. The landlord, Fortune Enterprise B LLC, was represented by Greg Smith of Colliers International. The tenant represented itself.
-Jet’s Pizza leased 1,950 square feet of retail space at Fishers Corner Shoppes II, 11785 Commercial Drive, Fishers. The tenant was represented by Greg Smith of Colliers International. The landlord, FC Realty Forty LLC, was represented by George Dury of Dury Investment Group.
-Penn Station East Coast Subs renewed its lease for 1,800 square feet of retail space at George Thomas Plaza, 1004 N. Shadeland Ave. The tenant and landlord, Ladywood Apartments LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Mr. Dan’s Restaurant leased 1,800 square feet of retail space in Lynhurst Shoppes Shopping Center, 5309 W. 10th St. The landlord, LOR Corp., was represented by Brett Burch of Valenti Real Estate Services. The tenant represented itself.
-Corporate Shirts Direct Inc. leased 1,500 square feet of industrial space at 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.
-State Farm Insurance leased 1,300 square feet at Sycamore Springs Office Park, 4545 Statesman Drive, Suite D. The landlord, MSE Realty LLC, was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar. The tenant represented itself.
-Noble Roman's leased 1,263 square feet of retail space at Zionsville Station, 78 Brendon Way, Zionsville. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
-GM Sportswear leased 700 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial Investments, was represented by Dan Baldini of Polaris Real Estate. The tenant represented itself.
Brainard requests more money for Carmel arts center
Carmel Mayor James Brainard wants to give the Center for the Performing Arts another $840,000 to cover its bills through December—on top of a $5.5 million subsidy he orchestrated last fall.
Veteran hospital exec Odle to retire from IU Health
Sam Odle, one of Indianapolis’ most prominent black business leaders, will be replaced on an interim basis by Jim Terwilliger while the hospital system conducts a national search for his successor.
Largest Indiana public companies mostly fared well in 2011
Performance varied widely as industries ebbed, flowed.