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Articles
Airport authority trims executive ranks in cost-cutting move
The Indianapolis Airport Authority has eliminated three executive positions, a move its board president says reflects a return to a more conventional and efficient corporate structure.
Indiana lottery seeking ideas from private firms
The Indiana State Lottery Commission endorsed a plan Wednesday to seek out private companies to take over some operations of the Hoosier Lottery, a state agency whose income has shrunk in recent years.
SWAYZE: Conservatism has become mainstream
Voters want to turn back to this country’s founding principles of fiscal constraint and family values.
KIM: Should investors ‘friend’ Facebook’s massive IPO?
At the top end of the predicted range of $28 to $35 per share, Facebook would raise up to $13.6 billion and sport a market value just shy of $100 billion.
Hostess says jobs of 856 Indiana workers in danger
The Irving, Tex.-based company said the job cuts could occur in July if it does not find a buyer or emerge from bankruptcy. About 340 workers would be affected at five Indianapolis plants.
Leasing/leasing contracts
-OHL, a third-party logistics provider, renewed its lease of a 413,280-square-foot distribution facility at 1100 Whitaker Road, Plainfield. The tenant was represented by Andrew Morris of Summit Realty Group and Steve Schwegman of Jones Lang LaSalle. The landlord, Transpacific Development Co., represented itself.
-Carrington Mortgage Services LLC leased 34,609 square feet of office space at 10500 Kincaid Drive, Fishers. The landlord, Kincaid Developers Inc., was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-HFH Collision LLC, d/b/a Hubler Collision, renewed its lease for 25,000 square feet of industrial space at 9031 Technology Drive, Fishers. The tenant was represented by Kelly Williams and Ray Simons of Cassidy Turley. The landlord, The Ruzbasan Revocable Living Trust, was represented by Mark Writt of CBRE.
-GE Capital Real Estate leased 16,644 square feet of office space at 135 N. Pennsylvania St. The tenant was represented by Kathryn Sobotowski of Summit Realty Group. The landlord, True North Management Group LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley.
-Cork Medical LLC leased 7,896 square feet of industrial space at 6406 Castleway Court. The tenant was represented by Nick Galvin and Michael Cook of UGL Services. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-AdminiStar Federal Inc. leased 6,337 square feet of office space at 8120-8160 W. Castleway Court. The tenant was represented by Allen Trowbridge of CresaPartners. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-Furniture Installers leased 5,013 square feet of industrial space at 7750 N. Zionsville Road. The tenant was represented by Glenn Davis of Colliers International. The landlord, C III Asset Management LLC, was represented by Michael Weishaar of Cassidy Turley.-R&R Logistics leased 3,600 square feet of industrial space at 8164 Zionsville Road in Park 100. The tenant was represented by Jim Karozos of Lee & Associates. The landlord, ProLogis, was represented by Jason Speckman of Summit Realty Group.
-Neptune Society leased 2,713 square feet at River Ridge Crossing, 4825 E. 96th St. The tenant was represented by Stephen Daum of Summit Realty Group. The landlord, Broadbent Co., was represented by Broadbent’s John Beouy.
-Potter Inc. leased 1,790 square feet of industrial space in Stony Creek Industrial Park, 15268 Herriman Blvd., Noblesville. The tenant was represented by Herb Feldmann of Lee & Associates. The landlord, Herriman & Keeler, was represented by Herb Feldmann and Cindy Hoskinson of Lee & Associates.
-Executive Image Building Services leased 1,500 square feet of industrial space in 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.
-Big Red Inc. leased of 1,438 square feet of office space at 3500 Depauw Blvd. The landlord, Sterling American Property Inc, was represented by Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley. The tenant represented itself.
-Indiana District of Kiwanis International leased 1,250 square feet of office space at 6415 W. Castleway Drive. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-Boost Mobile leased 1,200 square feet of retail space in George Thomas Plaza, 1014 N. Shadeland Ave. The tenant and landlord, Ladywood Apartments LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Chad Whaley leased 1,188 square feet of office space at 1060 N. Capitol Ave. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Turner James Investments, was represented by Anne Jester of Turner James Investments.
Leases/leasing contracts
-The U.S. Attorney’s Office leased 44,412 square feet of office space in Market Tower, 10 W. Market St. The tenant was represented by Tim Craft of CBRE. The landlord, MT Acquisitions LLC, was represented by Dave Moore, Andy Martin, Darrin Boyd and Bennett Williams of Cassidy Turley.
-A&A Industrial Supply Inc. leased 12,000 square feet of industrial space at 5719 Kopetsky Drive. The tenant was represented by Todd Vannatta and Michael Weishaar of Cassidy Turley. The landlord, Gateway South LLC, was represented by Brian Dell of Summit Realty Group.
-EFI Global Inc. renewed its lease for 6,406 square feet of industrial space at 8091-8105 Center Run Drive. The tenant was represented by Kevin McCarron of CLW Real Estate Services Group Inc. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-Mattress Firm leased 4,080 square feet of retail space in The Shoppes at River’s Edge, 4335 E. 82nd St., Suite 107. The tenant was represented by Scott Gray of Sitehawk Retail Real Estate. The landlord, River Retail LLC, was represented by Jamison Downs and Kyle Hughes of Veritas Realty.
-Accelerated Health Systems leased 3,200 square feet at Saratoga Shops, 1070 W. Main St., Plainfield. The tenant was represented by Jonathon Sharp of HAS Commercial Real Estate. The landlord, Saratoga Associates LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Panchero’s Mexican Grill leased 2,550 square feet of retail space in The Shoppes at River’s Edge, 4335 E. 82nd St., Suite 105. The tenant was represented by Donna Hovey of CBRE. The landlord, River Retail LLC, was represented by Jamison Downs and Kyle Hughes of Veritas Realty.
-Grandbridge Real Estate Capital LLC leased 2,126 square feet at 11711 N. Pennsylvania St. The tenant was represented by Rick Trimpe of CBRE. The landlord, North Pennsylvania Associates LLC, was represented by Mike Napariu of REI Real Estate Services LLC.-DJ’s Hot Dog leased 2,030 square feet of retail space at Indy Pavilions, 7035 E. 96th St., Unit U. The landlord was represented by Drew Kelly of Sandor Development. The tenant represented itself.
-Altered Image renewed its lease for 1,700 square feet of retail space in Avon Creek, 10030 U.S. Highway 36, Avon. The landlord was represented by Sandor Development. The tenant represented itself.
-Art Nails renewed its lease for 1,650 square feet of retail space in Dori Plaza, 8315 E. Washington St. The landlord was represented by Sandor Development. The tenant represented itself.
-H&R Block renewed its lease for 1,600 square feet at Emerson Commons Shoppes, 6815 S. Emerson Ave. The tenant was represented by Kathryn Sulich of Cassidy Turley. The landlord, First Emerson Commons Way LLC, was represented by John Baker of Sitehawk Retail Real Estate.
-Conway Communications Inc. leased 1,400 square feet of retail space in Southport Commons, 2134 W. Southport Road. The tenant was represented by Jamison Downs and Kyle Hughes of Veritas Realty. The landlord, Belport LLC, was represented by Keith Kleinmaier of Retail Realty Inc.
-Coner’s Auto Sales leased 1,250 square feet of retail space in South Greenwood Shoppes, 6001 N. US 31, Whiteland. The tenant and landlord, HRCP Inc., were represented by Cathy Richards of Lee & Associates.
-Perfect Nails renewed its lease for 1,200 square feet of retail space at Indy Pavilions, 7035 E. 96th Street, Unit J. The landlord was represented by Sandor Development. The tenant represented itself.
-Check ‘n Go renewed its lease for 1,080 square feet of retail space in Esquire Plaza, 8201 Pendleton Pike. The landlord was represented by Sandor Development. The tenant represented itself.
-Nima Salon leased 700 square feet of retail space at Esquire Office Complex, 8375 Pendleton Pike, Suite 400. The landlord was represented by Jeff Roberts of Sandor Development. The tenant represented itself.
High Court reacts skeptically to immigration-law challenge
Supreme Court justices strongly suggested Wednesday that they are ready to allow Arizona to enforce part of a controversial state law requiring police officers to check the immigration status of people they think are in the country illegally.
Some still not sold on I-69 plans in southern Indiana
The complaints were quieter but still firm during the latest public hearing about plans for the Interstate 69 extension through southern Indiana.
INSIDE DISH: Nostalgic Shallos does brisk business swiftly
The 31-year-old, south-side institution is approaching a potential turning point as it breaks sales records and continues to hone lightning-quick food prep and table turnover.Advertising art to find home at historical society
The collection brings to light a bygone era in advertising when Block's and other big downtown department stores ruled the retail landscape and employed their own fashion illustrators.
U.S. unemployment rate dips, but job growth slows
The job market slowed in March as companies hit the brakes on hiring amid uncertainty about the economy's growth prospects. The unemployment rate fell slightly, but mostly because more Americans stopped looking for work.
RACE: Walkable neighborhoods are a good investment
Houses in communities that are easy to navigate on foot command a higher price-per-square-foot.
Education reform on legislators’ hot seat
Key parts of State Superintendent of Public Instruction Tony Bennett’s education reforms will be put under a miscroscope this summer by a special commission of state legislators.
DIRECTORY: Swimming Pool Companies
FTE= full-time equivalent Affordable Pool Service P.O. Box 62, Carmel 46082 (317) 848-9699 / fax (317) 848-2312 Website: affordablepool.net Type of company: service/repair Percent of business: commercial 60, residential 40 Services: weekly service, repairs, openings, closings, pumps, heaters, filters, liners, auto covers, custom covers Head(s) of local operations: Tom Wetterer Owner(s): Tom Wetterer, Mary Wetterer […]
DIRECTORY: Residential Design Companies
Arteffects Inc. — Architectural Interiors 4420 N. Meridian St., 46208 (317) 927-0000 Professional interior designers: 2 Other professionals: 1 Services: cost-effective design that enables a desired lifestyle or business operation to occur in inspiring, purposeful ways Head(s) of local operations: Wayne Olander, president and design director Owner(s): Wayne Olander Headquarters city: Indianapolis Year established locally: […]
DIRECTORY: Lawn Maintenance Companies
A-1 Fertilization P.O. Box 20411, 46220 (317) 777-0552 / fax (317) 252-5277 Number of employees: full-time 1, seasonal 1 Number of licensed chemical treatment professionals: 2 Number of chemical lawn treatment vehicles: 2 Lawn services: fertilization, weed and pest control, perimeter and pest control. Other services: snow removal Head(s) of local operations: Ray Stevens Owner(s): […]
Mike’s Carwash ownership trial gets under way
The private company and principals Bill and Mike Dahm are defendants in the lawsuit brought by Jerry Dahm, a cousin who once owned 35 percent of the company and claims he was forced to sell his shares at a discounted rate.