The Carmel City Council will not support Pedcor Cos.’ application for a state tax credit to help pay for a $100 million redevelopment project—a contentious decision Mayor Jim Brainard called “unusual and illogical.”
ExactTarget, an Indianapolis-based digital marketing company, is fetching $33.75 per share—a whopping 53-percent premium to where its stock closed Monday.
A trio of downtown buildings listed for $4.9 million includes the historically lavish residence at 121 E. Ohio St. Described in marketing materials as the finest piece of downtown real estate, the residence has attracted interest from as far as the United Kingdom.
Several businesses were evacuated and emergency personnel were called in after a gas line was cut near 116th Street and Keystone Avenue in Carmel just before 10:30 a.m. Dispatchers said construction equipment struck a line in the 700 block of Keystone Way. Gas utility Vectren Corp. is investigating.
How proud would we be if Indianapolis was the safest city in the United States?
Cummins Inc. wants to expand its downtown Indianapolis presence and is searching for land to construct an office building that would double the space the Fortune 500 company occupies in the city, several local office brokers said.
Two growing Hamilton County communities looking to build their commercial tax base are taking steps to ensure land targeted for development doesn’t end up in the hands of organizations that don’t pay taxes.
-Spectra Premium Industries leased 250,000 square feet at Axcess 70, 3052 N. Distribution Way, Greenfield. The tenant was represented by Andrew Morris, Tony Hupp and Andrea Hopper of Summit Realty Group. The landlord, Browning Investments, was represented by Mark Writt of CBRE.
-SKH Paper Company leased 42,500 square feet of industrial space at 2363 E Perry Road, Plainfield. The tenant was represented by Sean McHale of Colliers International. The owner, CLPF-Plainfield Park 3 LP, was represented by Bryan Poynter of Cassidy Turley.
-Ruth’s Chris leased 10,257 square feet at Ironworks at Keystone, 2727 E. 86th St. The tenant was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate. The landlord, Ironworks Indianapolis LLC, was represented by Mark Perlstein of Sitehawk Retail Real Estate.
-Gordon Trucking Inc. leased 10,116 square feet of industrial space and 4 acres of land at 3805 S. Harding St. The tenant was represented by Jim Karozos of Lee & Associates. The landlord, L & S Kopetsky Realty LLC, was represented by Brian Dell of Summit Realty Group.
-Med Express Urgent Care leased 4,824 square feet at Centre East, 10863 E. Washington St. The tenant was represented by Harley Carroll of Petroplus Lane and Larry Davis of Sitehawk Retail Real Estate. The landlord, Centre East LLC, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Med Express Urgent Care leased 4,794 square feet at Southport Shops, 7225 U.S. Route 31 South. The tenant was represented by Harley Carroll of Petroplus Lane and Larry Davis of Sitehawk Retail Real Estate. The Landlord, Southport Shops, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Popeye’s Louisiana Kitchen leased a 4,200-square-foot building at 635 Carmel Drive, Carmel. The tenant was represented Steve Delaney and Larry Davis of Sitehawk Retail Real Estate. The landlord, NRW Corp., was represented by Todd Camesasca of Kosene & Kosene.
-Meridian Pain Group P.C. leased 2,913 square feet at 9292 N. Meridian St., Suite 110. The tenant was represented by Drew Augustin of Alliance Commercial. The landlord, Fairhill Realty LLC, was represented by Matthew Broderick of Acorn Group Inc.
-Dentistry on 116th leased 2,880 square feet at 116th Street Centre, 33 E. 116th St., Fishers. The landlord, TCP Guilford LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-South of Chicago Pizza leased 2,519 square feet at the Bonn Building, 13578 E. 131st St., Fishers. The landlord, Bonn Building Partners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-The Shipping Store & More renewed its lease for 1,765 square feet at Northbrook Shopping Center, 1427 W. 86th St. The tenant was represented by Pat Chesebrough of Century 21 Scheetz. The landlord, 86th & Ditch Realty LP, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Shangri-La Foot Spa leased 1,600 square feet at Avon Station, 8100 E. U.S. 36, Avon. The landlord, Avon Station Inc., was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-Little Caesars leased 1,600 square feet of retail space at 2181 N. Meridian St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, SRT Property Holdings LLC, was represented by Pat Boyle of Midland Atlantic.
xactTarget Inc.’s sale will swell the value of employee stock options to nearly $300 million—a windfall local tech experts expect will launch a wave of entrepreneurship over the next several years.
In a nondescript manufacturing plant on Indianapolis’ east side, a manufacturer is producing one of the most unique weapons in the war on skin cancer. Called SunGuard, the laundry additive is being called by some dermatologists a potential life saver.
Attorneys for the Michigan contractor being sued over construction defects at Carmel’s Palladium concert hall have asked a Hamilton County court to stop repair work immediately to preserve evidence in the case.
The owner of WTHR-TV Channel 13 has reached into its broadcasting backyard to poach a new president and general manager for the station, hiring Larry Delia from WXIN-TV Fox59.
PrideFest and Carmel Art & Design District Gallery Walk were just two of the popular events over the weekend. What did you get to?
Two prominent downtown office buildings, the Landmark Center at 1099 N. Meridian St. and the historic Century Building at 36 S. Pennsylvania St., are among properties listed for a July 17 sheriff's sale.
Baltimore-based Atapco Properties wants to redevelop 34 acres of land at Carmel Drive and Guilford Road, converting a portion of the commercial property to residential use with hundreds of apartments.
After overseeing 15 years of massive growth via mergers, Vince Caponi will become an executive of St. Vincent Health’s parent organization.
Builders filed 817 single-family permits in Hamilton County during the first five months of the year. Which community had the most activity? Plus: Boone County stats.
“Value-oriented” retailer Ollie’s Bargain Outlet plans to open a store in Carmel this fall as part of a push into Indiana. How will the market respond?
Angie’s List turned a profit for the first time in nearly two decades.
