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Articles

Leases/leasing contracts

December 10, 2012

-Family Dollar leased 8,320 square feet at Lawrence Commons, 5582 N. Mitthoeffer Road. The Landlord, VIA Lawrence Commons LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Gold Fish Swim School leased 8,286 square feet at Merchants Square, 271 Merchants Square, Carmel. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Merchants 450 LLC, was represented by Gilli Zofan of Ramco-Gershenson.

-MyComputerCareer.com leased 6,884 square feet of office space at 8909 Purdue Road. The tenant was represented by Stephen Adams of Hokanson Cos. Inc. The landlord, Wells Real Estate Funds, was represented by Mike Semler and Andy Martin of Cassidy Turley.

-Meridian Design Group leased 5,966 square feet at 116th Street Centre, 820 E 116th St., Carmel. The tenant was represented by Rich Forslund of Summit Realty Group. The landlord, TriVis Capital Partners, was represented by Keith Fried of Sitehawk Retail Real Estate.

-Wise Payment Systems Inc. leased 5,240 square feet of office space at 9865 E. 116th St., Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Herron Associates Inc. leased 5,069 square feet of office space at 135 N. Pennsylvania St.. The tenant was represented by Mary Beth Kohart of CBRE. The landlord, True North Management Group LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley.

-Axia Technology Partners LLC leased 4,946 square feet of office space at 151 N. Delaware St. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Hertz Indianapolis One LLC, was represented by Richard Trimpe of CBRE.

-El Cerrito Mexican Restaurant leased 3,200 square feet at Main Street Crossing, 140 N Perry Road, Plainfield. The landlord, Tabani Main Street Crossing LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-CMS Mechanical Service Co. leased 2,983 square feet of industrial space at 6911 7061 Corporate Circle. The tenant was represented by Todd Vannatta of Cassidy Turley. The landlord, CalEast, was represented by Bryan Poynter and Russ Van Til of Cassidy Turley.

-Photographic Instant Memories leased 2,700 square feet of industrial space at 5333 5367 W. 86th St. The tenant was represented by Evert Hauser of Lee & Associates. The landlord, Forester Properties Inc., was represented by Bryan Poynter of Cassidy Turley.

-Keystone Deli leased 2,700 square feet at Keystone Plaza, 2344 E. 53rd St.  The landlord, Keystone Plaza, was represented Scott Gray and Larry Davis of Sitehawk Retail Real Estate. The tenant represented itself.
 
-Embrace Hospice LLC leased 1,907 square feet of office space at 11501 Cumberland Road, Fishers. The landlord, Shamrock Builders, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-Hiatt Accounting Services Inc. leased 1,648 square feet of office space at 9800 9880 Westpoint Drive. The landlord, Crosspoint Partners LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.

-BBB Therapy LLC leased 1,547 square feet of office space at 70 E. 91st St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Sourwine Real Estate Services, was represented by Andy Martin and Bennett Williams of Cassidy Turley.

-Cellular Spot LLC leased 1,000 square feet of office space at 1555 N. Arlington Ave. The tenant was represented by Courtney Carper of Equity Inc. The landlord, Mr. William P. Sohn, was represented by Bryan Miller of Cassidy Turley.

Police: Drunk man hit stadium

December 10, 2012

A man was arrested Sunday on suspicion of drunk driving after plowing his car into Kuntz Memorial Soccer Stadium. A witness said he saw a green Cadillac driving eastbound on West 16th Street about 3:15 a.m. directly into oncoming traffic before crashing. The driver, Santonio Rivers of Indianapolis, was uncooperative, had bloodshot eyes and disheveled clothing, and smelled of alcohol, police said. The stadium, home to IUPUI’s soccer team and the annual high school soccer championships, sustained $50,000 in damage.

Upscale grocer Fresh Market planning Fishers store

November 27, 2012

Specialty grocery chain The Fresh Market is planning its third store in the Indianapolis area, this time at 116th Street and Cumberland Road in Fishers.

Crews working on Fishers gas leak

November 19, 2012

Vectren utility crews are working to repair a leaking underground gas line in Fishers in an area just south of East 116th Street and Lantern Road. The small underground leak in a 3-inch main was discovered Monday about 12:15 a.m. Crews have closed Lantern Road in the area but said there was no danger to nearby residents.
 

Fire forces Target evacuation

November 13, 2012

A Tuesday morning fire forced the evacuation of a smoke-filled Target store in suburban Indianapolis. The Fishers Fire Department said the blaze began in a rear storage room of the store near Interstate 69 and 116th Street and was put out when a fire sprinkler activated. No injuries were reported. The store was closed while health department inspectors checked out the grocery department.

Leases/leasing contracts

November 12, 2012

-Kittle's Home Furnishings Center Inc. leased 33,032 square feet of retail space at 7565 U.S. 31 South. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Nationwide, was represented by Bill French of Cassidy Turley.   

-Earth Fare leased 25,000 square feet at Rangeline Crossing, formally known as The Centre, 116th Street and Rangeline Road, Carmel. The tenant was represented by Danielle Harris of Hourglass Development. The landlord, KRG Centre LLC, was represented by Jeff Wright of Kite Realty Group.

-Northern Indiana Public Service Co. leased 12,439 square feet at 150 W. Market St. The tenant was represented by Matt Waggoner and Bill Ehret of Summit Realty Group. The landlord, National Education Association, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-RecordsPro/Shred Monkey Document Shredding Imaging & Storage Co. leased 12,000 square feet at 6300 Brookville Road, Bldg. A. The landlord, Kostoff Properties, was represented by Joe Kostoff. The tenant represented itself.

-Peoples Bank leased 7,100 square feet at 550 Congressional Blvd., Carmel. The landlord, Trigild, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The tenant represented itself.
 
-Old National Bank leased a 5,600-square-foot outlot at Rangeline Crossing, formally known as The Centre, 116th Street and Rangeline Road, Carmel. The landlord, KRG Centre LLC, was represented by Mark Jenkins of Kite Realty Group. The tenant represented itself.

-Drakes restaurant leased 5,428 square feet at Clearwater Crossing, 3716-3960 E. 82nd St. The tenant was represented by Rob Warstler of Colliers International. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.

-Lawrence Baking Co. leased 4,641 square feet of retail space at Esquire Plaza, 8143 Pendleton Pike. The landlord was represented by Jeff Roberts of Sandor Development. The tenant represented itself.

-Panera Bread leased 4,019 square feet at Rangeline Crossing, formally known as The Centre, 116th Street and Rangeline Road, Carmel. The tenant was represented by Connie Niessink of Niessink Commercial Real Estate Inc. The landlord, KRG Centre LLC, was represented by Jeff Wright of Kite Realty Group.

-Golden Mon Mart leased 2,893 square feet at Castleton Place, 5836-5896 E. 82nd. St. The landlord, Broadbent Co., was represented by Jim Mosher of Broadbent. The tenant represented itself.
 
-Pink Slipper Dance Studio renewed its lease for 2,275 square feet and added an additional 1,250 square feet at Harbourtown Center, 15-17 Harbourtown Center, Noblesville. The landlord, Harbourtown Center LLC, was represented by Bill Ernst of Charter Commercial Realty Group. The tenant represented itself.

-Yogo Land Premier Yogurts leased 1,300 square feet at 98 A N. 10th St., Noblesville. The landlord, 98 N 10th LLC, was represented by Bill Ernst of Charter Commercial Realty Group. The tenant represented itself.

-Cookies by Design leased 1,291 square feet at Glendale Town Center, 6101 N. Keystone Ave. The landlord, Glendale Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.

-Tips ‘n Toes nail salon leased 1,195 square feet at Glendale Town Center, 6101 N. Keystone Ave. The landlord, Glendale Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group. The tenant represented itself.

-Himalaya Kabob Korner leased 1,500 square feet at Castleton Shoppes, 6024-6066 E. 82nd St. The landlord, Broadbent Co., was represented by Jim Mosher of Broadbent. The tenant represented itself.

-Vitty's Alterations leased 1,000 square feet at Lafayette Shoppes, 3840-3882 Lafayette Road. The landlord, Broadbent Co., was represented by Jim Mosher of Broadbent. The tenant represented itself.

Company news

September 24, 2012

A Cicero-based developer has won city approval to build a $15.7 million senior health care center at 16th Street and Arlington Avenue on Indianapolis’ east side. The city’s Metropolitan Development Commission gave its blessing Sept. 19 after accepting an offer from Mainstreet Property Group LLC to purchase the property for $912,500. The city bought the nine-acre parcel from the federal government for $1 in September 2004. It had been used by Raytheon Technical Services Co. LLC. Nearly half of the project’s cost could be financed by $7.4 million in city-issued bonds. Mainstreet’s plans for the center call for 70 skilled-nursing and 30 assisted-living beds. The facility is expected to create up to 150 jobs, Mainstreet officials said. The project would be Mainstreet’s first newly constructed facility in Marion County. In 2006, it purchased out of bankruptcy the Highland Health and Living Center in Indianapolis at 2926 N. Capitol Ave. The company owns or co-owns 13 senior health care centers in Indiana, Illinois and Ohio, and has six more under development. It plans to break ground on up to 12 centers by the end of the year, including a $13.3 million facility in Westfield.

A European Union committee has endorsed the use of Eli Lilly and Co.'s erectile dysfunction drug Cialis to treat symptoms tied to an enlarged prostate, according to the Associated Press. The EU’s Committee for Medicinal Products for Human Use recommended approval of Cialis for benign prostatic hyperplasia. The condition often comes with such symptoms as the need to urinate urgently and frequently. The European Commission usually decides on the committee's opinion within a month or two, Lilly said Friday. The Commission is not required to adopt the committee recommendation, but it usually does. The U.S. Food and Drug Administration approved Cialis last fall for the treatment of symptoms of an enlarged prostate. Regulators also have approved the use in Canada, Mexico and Brazil, among other countries. Cialis brought in $1.88 billion last year. Its patents will last until 2017.

Indiana’s adult obesity rate is predicted to climb from 25 percent now to 56 percent by 2030, according to new projections released by the Trust for America’s Health and the Robert Wood Johnson Foundation. That shocking increase would move Indiana from the 38th-most-obese state now to the 26th-most-obese state. Mississippi is predicted to lead the nation in obesity in 2030, as it does now. And even Colorado, which has the least obese population—with only 21 percent obese—is predicted to have 45 percent of its adults obese in 2030. The report, titled "F as in Fat,” was released on Sept. 18. “This study shows us two futures for America’s health,” said Dr. Risa Lavizzo-Mourey CEO of the New Jersey-based Robert Wood Johnson Foundation. "At every level of government, we must pursue policies that preserve health, prevent disease and reduce health care costs. Nothing less is acceptable.”

Man fatally shot on west side

September 24, 2012

A man was shot to death near West 16th Street and North Tibbs Avenue on Sunday night in Indianapolis. Officers called to the scene in the 1900 block of North Exeter Avenue at about 7:30 p.m. found the victim in the driveway of a home, suffering from a gunshot wound to the chest. The homeowner was taken into custody for questioning.
 

City approves $15.7M senior-living center on east side

September 20, 2012

Mainstreet Property Group LLC plans to build a 100-bed facility at 16th Street and Arlington Avenue on nine acres where Raytheon Technical Services Co. LLC once operated.

Sales/acquisitions

September 10, 2012

-J & J Investments I LLC bought 5.96 acres of retail land at 6106 Massachusetts Ave. The buyer was represented by Fabricio Perez of Equity Wealth Realty LLC. The seller, Empire TFI Indy Holdings LLC, was represented by Bob Lindgren and Ron Mannon of Lee & Associates

-TriVis Capital Partners bought 116th Street Centre, a 46,695-square-foot retail center with 3.32 acres of undeveloped land, at East 116th Street and Guilford Road, Carmel. The seller, LaSalle 115 Holdings LLC-Series 1, was represented by Kevin Broderick and Matt Gray of CBRE. The buyer represented itself.

Gas spill forces evacuation in Fishers

September 10, 2012

A gasoline spill in Fishers on Monday morning prompted the evacuation of a nearby medical building and temporarily blocked access to a neighboring shopping center. The spill happened at 10 a.m. at the Ricker's BP gas station at East 116th Street and Cumberland Road. The Fishers Fire Department worked to clean up as much as the spill as possible but as much as 50 gallons may have gone into a storm drain. Officials are trying to determine if there’s a potential danger to local waterways. No injuries were reported.

Four armed robbery suspects arrested

September 6, 2012

Indianapolis police have arrested four suspects in connection with four armed robberies on Labor Day: Elliot Johnson, 20; Shaquille Carter, 19; Brandon Nabors, 18; and a male juvenile. All are from Indianapolis. Three of the robberies happened in the span of several minutes just before 12:30 p.m. Monday near 16th Street and College Avenue. A fourth robbery took place a few hours later. Several victims were beaten and another was struck by a car while riding his bike.
 

Leasing/leasing contracts

August 27, 2012

-Roses, a discount department store, leased 64,460 square feet of retail space at River Ridge Plaza, 1804 S. Scatterfield Road, Anderson. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

-Pack Rat Storage leased 40,000 square feet at 6450 Gateway Drive. The tenant and landlord, S.F. Industrial Properties, were represented by Tom Cooler and Mark Writt of CBRE.

-Certifit Inc. leased 30,186 square feet at Gateway Park Building II, 851 S. Columbia Road, Plainfield. The tenant was represented by Brian Seitz of Jones Lang LaSalle. The landlord, Indy 40 Building 2 LLC, was represented by John Hanley and Terry Busch of CBRE.

-HFH Collision LLC leased 25,000 square feet at Northeast Commerce Park, 9031 Technology Lane, Fishers. The tenant was represented by Kelly Williams of Cassidy Turley. The landlord, The Ruzbasan Revocable Living Trust., was represented by Mark Writt and Tom Cooler of CBRE.

-The Dress Barn renewed its lease for 8,000 square feet of retail space at Southport Commons, 4850 E. Southport Road. The landlord, DAB Investments-Southport Commons, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.

-King’s Beauty renewed its lease for 6,091 square feet of retail space at Norgate Plaza, 7235 N. Keystone Ave., Unit C. The landlord was represented by Sandor Development. The tenant represented itself.

-Salon Lofts leased 4,999 square feet at Five River Crossing, 8555 N River Road. The tenant was represented by Scott Gray and Michael Cranfill of Sitehawk Retail Real Estate. The landlord, River Crossing Five LLC, was represented by Barbara Zike of PK Partners.

-Dots renewed its lease for 3,150 square feet and expanded into an additional 500 square feet of retail space at Cherry Tree Plaza, 9721 E. Washington St. The landlord was represented by Sandor Development. The tenant represented itself.

-Vera Bellezza Spa & Salon renewed its lease for 2,800 square feet of retail space at Lafayette Place, 3720 Commercial Drive. The landlord was represented by Sandor Development. The tenant represented itself.

-Yoya Frozen Yogurt leased 1,600 square feet at Pyramid Place Shops, 3520 W. 86th St.  The landlord, Pyramid Place Shops LLC, was represented by Dean Almas of Sitehawk Retail Real Estate. The tenant represented itself.

-China Happy Feet leased 1,600 square feet of retail space at North by Northeast, 7864 E. 96th St., Fishers. The landlord, NNE Associates LLC, was represented by Robyn Smart of Lee & Associates. The tenant represented itself.  

-Dr. Tavel renewed its lease for 1,580 square feet of retail space at Esquire Plaza, 8139 Pendleton Pike. The landlord was represented by Sandor Development. The tenant represented itself.

-WB Pizza leased 1,482 square feet at North Willow Mall, 2290 W. 86th St. The landlord, Township 86 Development, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Rieth-Riley Construction renewed its lease for 1,200 square feet of retail space at Lafayette Place, 3743 Commercial Drive. The landlord was represented by Sandor Development. The tenant represented itself.

-Baobab African Market renewed its lease for 1,200 square feet and expanded into an additional 1,230 square feet of retail space at 7031 N. Michigan Road. The landlord was represented by Sandor Development. The tenant represented itself.

-Nail & Spa leased 1,010 square feet at 116th Street Centre, 890 E 116th St., Carmel. The landlord, LaSalle 115 Holdings, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

Two die in Boone County crash

August 16, 2012

Two people were killed in a single-car accident Thursday morning in Boone County near Michigan Road and West 116th Street. Police say the vehicle was traveling on Michigan about 5:30 a.m. when it left the road, hit a pole and burst into flames. Officers closed the road temporarily but reopened a portion of it a short time later. Police say speed may have been a factor in the crash.

Leases/leasing contracts

August 13, 2012

-LifeScience Logistics LLC leased 132,000 square feet of industrial space at 1105 E. Northfield Drive, Brownsburg. The tenant was represented by Thomas Cooler of CBRE. The landlord, KTR Capital Partners, was represented by Bart Book and Luke Wessel of Cassidy Turley.

-Push Logistics leased 46,800 square feet of industrial space at 2525 N. Shadeland Ave. The tenant was represented by Mark Writt of CBRE. The landlord, NCI Acquisitions, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.

-BDP International leased 19,642 square feet of industrial space at 5601 Fortune Circle South. The tenant was represented by Todd Vannatta and Michael Weishaar of Cassidy Turley. The landlord, CW Capital Asset Management LLC, was represented by J.D. Graves of CBRE.

-Miguel Cardenas, dba Chispas, leased 19,260 square feet of retail space at Lafayette Shoppes, 38th Street and Georgetown Road. The tenant was represented by Larry W. Harshman of Harshman Property Services LLC. The landlord, Lafayette Shoppes LP, was represented by Jim Mosher of The Broadbent Co.

-Performance Assessment Network Inc. renewed its lease for 16,704 square feet at 11590 N. Meridian St., Carmel. The tenant was represented by Yumi Prater and R.J. Rudolph of Colliers International. The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Real Estate Services LLC.

-The Bang Fitness Project LLC leased 10,000 square feet of retail space at Cool Creek Commons, 2510 E. 146th St., Carmel. The tenant was represented by Kim Estes Hartman, Tom Osborne, and R.J. Rudolph of Colliers International. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group.

-USAwning Network leased 5,400 square feet of warehouse space at Brookside Industrial Park at East 16th Street and Sherman Drive. The landlord, Brookside Industrial Park LLC, was represented by Russ Zimmerman of NAI Meridian and Larry W. Harshman of Harshman Property Services LLC. The Tenant represented itself.

-It’s a Kid’s World Ministry Academy leased 5,000 square feet of retail space at 2151 N. Franklin Road. The tenant was represented by Joe Lonnemann of Ambrose Property Group. The landlord, Franklin Road LLC, represented itself.

-SK Huffer & Associates PC leased 4,035 square feet of office space in the Village of West Clay at 12821 E. New Market St., Carmel. The tenant was represented by Gerald Kosene of Kosene & Kosene. The landlord, CFS LLS, was represented by Joe Lonnemann of Ambrose Property Group.  

-Bakery Euromex LLC leased 2,150 square feet of retail space at Grant Plaza Shopping Center, 3103-B Lafayette Road. The tenant was represented by Camilo Colonia of Equity Wealth Realty. The landlord, Harshman & Hays LLC, was represented by Larry W. Harshman of Harshman Property Services LLC.

-Herbalife Nutrition and Weight Management leased 1,700 square feet of retail space at Grant Plaza Shopping Center, 3103-A Lafayette Road. The landlord, Harshman & Hays LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.

-Hott Komoditty Hair Salon leased 1,502 square feet of retail space at Grant Plaza Shopping Center, 3037 Lafayette Road. The tenant was represented by Gregg C. Donaldson of Milhaus Realty LLC. The landlord, Harshman & Hays LLC, was represented by Larry W. Harshman of Harshman Property Services LLC.

-Crown Product Services LLC leased 1,143 square feet of office space in the Village of West Clay at 12821 E. New Market St., Carmel. The landlord, CFS LLS, was represented by Joe Lonnemann of Ambrose Property Group. The tenant represented itself.

-Bogdanoff Henderson PC and Dages and Co. leased 1,064 square foot of office space at Four Parkwood, 500 E. 96th St. The tenant was represented by Ed Freeman of Freeman Commercial Development Inc. The landlords, Philip and Janet Clark, were represented by Kim Estes Hartman, Tom Osborne, and R.J. Rudolph of Colliers International.

-Breathe Life Yoga leased 1,000 square feet of office space at 8202 Clearvista Parkway. The landlord, Regency Centre Investments, was represented by Joe Lonnemann of Ambrose Property Group. The tenant represented itself.

Mother arrested after son left in car

July 31, 2012

A Noblesville mother was arrested Monday afternoon after police say she left her 4-year-old son inside a hot car at a Fishers shopping center. Roni Penn, 34, faces a preliminary charge of neglect of a dependent for leaving the boy in the car outside the SuperTarget near 116th Street and Interstate 69. Penn said she left the boy alone for about 30 minutes because he didn’t want to go inside. Police said the temperature in the car was at least 100 degrees. The child was checked out by paramedics and released to his father.

Leases/leasing contracts

July 16, 2012

-Goodwill Education Initiatives Inc. leased 22,198 square feet at 2855 N. Franklin Road. The landlord, Norry Management, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The tenant represented itself.

-Shepherd Insurance LLC leased 18,853 square feet at The Congressional, 116th Street and Pennsylvania Parkway, Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Lauth Group Inc., represented itself.
 
-Granite City Food & Brewery leased 9,603 square feet in Circle Centre mall. The tenant was represented by Tom Niessink and Connie Niessink of Niessink Commercial Real Estate. The landlord, Circle Centre Mall LLC, was represented by Jamie Christmas of Simon Property Group.

-Meridian Design leased 6,579 square feet of office space at 355 Indiana Ave. The tenant was represented by Rich Forslund of Summit Realty Group. The landlord, McGowan Insurance Group, was represented by John Crisp and Spud Dick of Cassidy Turley.

-Hatchett & Hauck renewed its lease for 4,012 square feet at 111 Monument Circle. The tenant was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The landlord, Beacon Capital Partners, was represented by John Robinson and Adam Broderick of Jones Lang LaSalle.

-Home Service Experts Inc., dba Mr. Rooter, leased 3,300 square feet at 7266 E. 86th St. The tenant was represented by Tyler Wilson of Summit Realty Group. The landlord, Mann Properties, was represented by Debbie Mann.

-Thoughtburst leased 3,263 square feet at The Congressional, 116th Street and Pennsylvania Parkway, Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Lauth Group Inc., represented itself.

-Firehouse Subs leased 2,040 square feet at Castleton Shops, 5963 E. 82nd St.  The tenant was represented by Keith Stark of SITUS Realty Corp. The landlord, Castleton Shops LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.

-MC Sales & Consulting leased 2,017 square feet of office space at Carmel Office Court, 301 E. Carmel Drive, No. A300, Carmel. The landlord, Carmel-301 LLC, was represented by Paul Dick and Kevin Dick of Colliers International.  The tenant represented itself.

-The Strategy Forums leased 1,672 square feet at The Congressional, 116th Street and Pennsylvania Parkway, Carmel. The tenant and landlord, Lauth Group Inc., were represented by Darrin Boyd and David Moore of Cassidy Turley.

-Yogo Land leased 1,300 square feet at 98A N. 10th St., Noblesville. The landlord, 98N10th LLC, was represented by J.W. Ernst of Charter Commercial Realty Group. The tenant represented itself.

-Paradise Personal Training leased 1,280 square feet of office space at Carmel Office Court, 301 E. Carmel Drive, No. E100, Carmel. The landlord, Carmel-301 LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.

-Gammas Dream LLC leased 1,200 square feet of office space at Carmel Office Court, 301 E. Carmel Drive, No. A600, Carmel. The landlord, Carmel-301 LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.

Cause, origin of apartment building fire undetermined

June 16, 2012

The fire destroyed part of 16 Park, a $34 million affordable housing development that's intended to help spur a revival of the 16th Street corridor.

nFrame plans multi-million-dollar expansion of data center

June 6, 2012

Carmel-based nFrame plans a multimillion-dollar expansion of its high-tech data center near Pennsylvania and 116th Streets, the company disclosed Wednesday.

Company news

June 4, 2012

EMC Precision Machining in Sheridan gave each of its 93 employees a bicycle Friday for exceeding cost-cutting goals. The incentive is part of a larger campaign the company adopted this year to promote both employee and company health and fitness. The bikes are a reward to employees for submitting ideas approved by the company that should result in annual savings of $300,000—double the goal set by EMC. The company spent about $30,000 to purchase the bikes and to throw a cookout to celebrate the occasion. EMC was founded in Ohio in 1925 and opened its Sheridan location in 2009 after purchasing Biddle Precision Components.

A Cicero-based developer has signed a national senior-living company to operate four new developments it plans for Indiana. Mainstreet Property Group LLC said May 30 that it has entered into a joint venture with Des Moines-based Life Care Services for new projects in Wabash, Avon, Westfield and Crawfordsville. Construction has begun on Wabash Health and Wellness Suites, a $15 million nursing and assisted-living property. Earlier in May, Mainstreet filed a prospectus for a new publicly traded company called HealthLease Properties Real Estate Investment Trust, which would be traded on the Toronto Stock Exchange. Mainstreet is seeking to raise $110 million, according to a prospectus. The Mainstreet-LCS project site in Westfield is adjacent to Grand Park, and the site in Avon is at 10307 E. County Road 100 North. Neither of those projects will be part of the new REIT. Earlier this year, Mainstreet received approval from the city of Indianapolis to build a $15.7 million senior health care center at East 16th Street and Arlington Avenue. Overall, the company owns or co-owns at least 13 senior health care centers in Indiana, Illinois and Ohio, and has at least six more under development. It also plans to break ground on up to 12 centers by the end of the year.

The Indiana University National Center of Excellence in Women's Health has been awarded two grants from the Indiana State Department of Health, totaling nearly $400,000, to focus on preventing pregnancies, especially among teens. The money will be used to pay for a traveling bus, which will provide health screenings and education programs in Marion, Clay and Delaware counties. The IU center also hopes to partner with health care providers in other parts of the state where women have poor access to primary health care resources.

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