Developer settles suit with Hudson condo residents
The complaint alleged that Hudson residents in 2011 began noticing cracks in the first-floor walls and ceiling of the downtown condominium, in addition to noticing a slope in the floor.
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Well-known Indianapolis developer launching pro soccer team
Keystone Group President Ersal Ozdemir plans to launch a soccer franchise in 2014 and build a soccer-specific stadium by 2017.
Another side of the income debate
I read [in the Dec. 31 IBJ], with great dismay, that a millionaire lawyer is not able to charge his clients as much as an attorney in another state.
Soccer stadium could be development springboard
Landing a North American Soccer League franchise might be the easiest part of Indianapolis developer Ersal Ozdemir’s grand plan, which includes building a downtown soccer stadium and surrounding it with retail and residential space.
Pence names human services chief, ag director
Gov. Mike Pence on Thursday named Debra Minott, an attorney with health care regulatory experience, to run the Indiana's human services agency while it implements the looming Medicaid expansion. Pence also named Gina Sheets to lead the Agriculture Department.
Environmentalists concerned about Indiana agenda
One of Indiana's largest environmental groups said Friday it was concerned that this year's General Assembly may weaken Hoosiers' ability to protect themselves from pollution and other health risks.
Roundup: Upland Brewing, Lincoln Square, Old Carolina
A new roundup includes a new Upland brewpub for Carmel, another location for breakfast hotspot Lincoln Square, and a Carolina barbecue joint looking for love in Indianapolis.
Shepherd Insurance agency goes on buying spree
The Carmel insurance agency acquired three separate companies in a flurry of activity at the end of the year that will add 17 people to its staff.
Leases/leasing contracts
-Indytworr LLC leased a 240,000-square-foot industrial building at 1428 Henry St. The tenant was represented by Bill Spencer of Anfield Advisors. The landlord, Power Chord Properties LLC, was represented by Rick Suja, Janice Paine and Rob Christman of Colliers International.
-Zenith Global Logistics leased 90,400 square feet in Park 100 Building 85, 7826 Allison Ave. The tenant was represented by James Medbery of Binswanger Midwest of Indiana. The landlord, Duke Realty, was represented by Duke's Mark Hosfeld.
-LH Express LLC leased 60,800 square feet of industrial space at 5252 Decatur Blvd. The tenant was represented by Michael Weishaar of Cassidy Turley. The landlord, Industrial Income Trust, was represented by Luke Wessel of Cassidy Turley.
-Invisible Fence Brand/Paws and Play Dog Resort and Training Center leased 29,524 square feet of industrial space at 9001 E. 133rd St., Fishers. The tenant was represented by Jeffrey Merritt of Summit Realty Group. The landlord, EGO Enterprises, was represented by Michael Weishaar of Cassidy Turley.
-The Fresh Market leased 24,261 square feet at Delaware Commons, 11752 Cumberland Road, Fishers. The tenant was represented by Frank Swiss of Swissco Real Estate LLC. The landlord, Sunbeam Development, was represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Planet Fitness leased 24,202 square feet of retail space at 5206 W. 38th St. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, MKIN LLC, was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.-Maginot Moore & Beck LLP leased 12,325 square feet at One Indiana Square at the corner of Ohio and Pennsylvania streets. The tenant was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The landlord, One Indiana Square Associates, was represented by Ralph Balber and Todd Maurer of Newmark Knight Frank Halakar Real Estate.
-Dollar Tree leased 11,700 square feet of retail space at Castleton Crossing, 5410-5540 E. 82nd St. The tenant was represented by Christian Conville of ECHO Retail. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley.
-Five Below Inc. leased 9,328 square feet of retail space at Castleton Crossing, 5410-5540 E. 82nd St. The tenant was represented by Paul Gold of ECHO Retail. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley.
-CrossFit Nap Town leased 5,600 square feet of retail space at 611 N. Delaware St. The landlord, McKee Realty Corp., was represented by Bill French of Cassidy Turley. The tenant represented itself.
-American Rentals LLC leased 4,980 square feet at Southgate Center, 1902 E. 53rd St., Anderson. The landlord, Lor Corp., was represented by Stephen Daum and Jeff Merritt of Summit Realty Group. The tenant represented itself.
-rue21 Inc. leased 4,500 square feet of retail space at 4525 Lafayette Road. The tenant was represented by Bill French of Cassidy Turley. The landlord, Centre Properties, represented itself.
-Aveda Salon leased 3,945 square feet of retail space at 9893 N. Michigan Road, Carmel. The landlord, Casto, was represented by Jacque Haynes and John Byrne of Cassidy Turley. The tenant represented itself.
-Athletico of Carmel LLC leased 3,313 square feet of retail space at Cornerstone Commons, 912 S. Rangeline Road, Carmel. The tenant was represented by Craig Ramsay of Sitehawk Retail Real Estate. The landlord, B&D Carmel Properties LLC, was represented by Paul Dick and Kevin Dick of Colliers International.
-Home Buy Consign LLC leased 3,200 square feet of retail space at 4000 106th Street W., Zionsville. The landlord, Sena Realty FC LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Professional Design Insurance Management renewed its lease for 3,025 square feet at Crosspoint VI, 9775 Crosspoint Blvd. The landlord, Young Realty Crosspoint Six, was represented by Tom English and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.
-Texture Salon leased 3,000 square feet of retail space at 8150 Oaklandon Road. The tenant was represented by Bill French of Cassidy Turley. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley.-YoYo Yogurt On Your Own Anson leased 2,878 square feet of retail space at 6705 S. State Road 334, Zionsville. The landlord, Duke Realty, was represented by Jacque Haynes and John Byrne of Cassidy Turley. The tenant represented itself.
-Revol Wireless leased 2,500 square feet at 8920 E Washington St. The tenant was represented by Courtney Carper of Equity Inc. The landlord, Irvin N. Ferverda, was represented by Craig Ramsay of Sitehawk Retail Real Estate.
-El Taquero de la 46 leased 2,400 square feet at 3089-3091 N. High School Road. The landlord, 30th & High School Company LP, was represented by Jeff Merritt of Summit Realty Group. The tenant represented itself.
-Dickey’s Barbecue Pit leased 2,400 square feet at The Shops at Metropolis, 2575 E Main St., Plainfield. The landlord, OWMII Venture LLC, was represented by Larry Davis and John Baker of Sitehawk Retail Real Estate. The tenant represented itself.
-Moore Dentistry Inc. renewed its lease for 2,261 square feet at Olio Pavilion. 11630 Olio Road, Fishers. The landlord, Olio Pavilion, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Trillium Driver Solutions leased 1,800 square feet at 1445 Brookville Way. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, First Industrial Realty Trust Inc., represented itself.
-New Outlook Counseling Center LLC leased 1,200 square feet of office space in Library Park, 1701 Library Blvd., Greenwood. The tenant and landlord, Ennis Co. Inc., were represented by Cathy Richards of Lee & Associates.
Verge on verge of growing up
With more than 2,000 members attending monthly events organized by chapters in Indianapolis, Bloomington and West Lafayette, tech entrepreneurship group Verge is poised to expand, outgoing executive director Matt Hunckler says.
Bill to make IEDC more transparent moves to full senate
The Indiana Senate Tax and Fiscal Policy Committee unanimously passed legislation Tuesday meant to makes the state’s job-creation efforts more open to the general public.
ITT suffers tough quarter on enrollment drop, loan losses
ITT Educational Services Inc. shares swooned Thursday morning after the private educator reported sinking revenue and a $9.5 million loss in the fourth quarter. But the stock rebounded strongly later Thursday.
Carmel tech consultant plans expansion, 36 jobs
Allegient LLC said it will add the jobs by 2017 and expand its Carmel headquarters by 4,000 square feet.
Hillenbrand diversifies by growing whole new business
Casket company turns heads with aggressive foray into equipment manufacturing.
Indianapolis-area mergers and acquisitions in 2013
Lack of a disclosed price kept these deals off of Indianapolis Business Journal's list of deals.
CEO convinces investors that ITT is on the rebound
For a guy whose company’s stock price has lost 75 percent of its value, Kevin Modany, the CEO of ITT Educational Services Inc., sounds pretty upbeat. And it seemed to rub off on investors Thursday.
Once-thriving drug lab in turnaround mode
Two years ago, executives at AIT Laboratories “took their eye off the ball,” and watched the company’s business plummet 29 percent in value. Now, after two years of turmoil, the drug-testing lab says it’s poised to return to the double-digit rates of growth that made it a local star.