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Articles
Kennedy misunderstands conservative Republicans
For the life of me, I don’t understand Sheila Suess Kennedy at all and, of course, she doesn’t get me.
Bicycle race to debut in Speedway
More than 400 two-wheel racers and thousands of spectators are expected to descend on downtown Speedway June 1 for the first Tri West Criterium. Top cyclists are expected to hit average speeds of near 30 miles an hour on a tight, closed course.
Retail lineup taking shape for CityWay project
CityWay has landed a fine dining restaurant, a mixology bar, a Qdoba and a frozen yogurt shop as developer Buckingham Cos. turns its attention to the retail portion of the $155 million mixed-use project.
Leases/leasing contracts
-Ingersoll Rand leased 78,200 square feet of industrial space at 2363-2383 Perry Road. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Western Waterproofing Co. Inc. renewed its lease for 10,000 square feet of industrial space at 4143 Kingman Drive. The landlord, Carl Weedman Family Trust and Frank T. Kilby Trust, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.
-Custom Med leased 8,000 square feet of industrial space in Corporate Center North, 6005 W. 71st St. The tenant was represented by Scott Herider and Ron Mannon of Lee & Associates. The landlord, CALEAST Industrial Investors LLC, was represented by Kyle Powell and Bryan Poynter of Cassidy Turley.
-Cerulean Restaurant leased 6,165 square feet of retail space in City Way, 339 S. Delaware St. The tenant was represented by Robyn Smart of Lee & Associates. The landlord, NOS Hotel Partners LLC, was represented by Natasha Evans of Buckingham Cos.
-Indy Complete Fitness LLC (dba CrossFit Nap Town) leased 5,600 square feet of retail space at 609 N. Delaware St. The landlord, McKee Realty Corp., was represented by Bill French of Cassidy Turley. The tenant represented itself.
-Progressive Homecare Services Inc. leased 5,400 square feet of industrial space at 8930 Bash St. The landlord, Westminster Northeast LLC, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley. The tenant represented itself.
-Perkins Restaurant renewed its lease for 4,800 square feet of retail space at 5320 E. 82nd St. The landlord, American National Insurance Co., was represented by Bill French of Cassidy Turley. The tenant represented itself.
-Morningstar Church leased 3,600 square feet of retail space at 2915 S. Meridian St. The tenant was represented by Cindy Hoskinson of Lee & Associates. The landlord, D&E Enterprises Inc., was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Tieline Technology LLC leased 2,270 square feet of office space at 7202 E. 87th St. The landlord, Westminster Northeast LLC, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley. The tenant represented itself.-Andy Tools renewed its lease for 2,265 square feet of industrial space in Park Castlewood, 8445 Castlewood Drive. The tenant and landlord, KHK LLC, were represented by Spero Pulos of Lee & Associates.
-DBR Enterprises Inc. leased 1,805 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.
-MSDU Corp. leased 1,200 square feet of retail space at 1600 E. Michigan Road, Shelbyville. The landlord, Cassidy Turley, as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
Pacers, Indy 500 put spotlight on city but won’t quiet critics
Roughly 14 million people watched sporting events in Indy from last Thursday to Sunday. Those numbers make it easier to argue that Indy's sports initiatives are worth the expense.
Democrats stretch residency complaints to Pence
Democrat John Gregg’s argument is part of a broader effort to label Mike Pence as a creature of Washington more than he is of Indiana.
Indiana casinos face falling revenue, new competition
Indiana's nearly 20-year-old casino industry is facing declining revenues and growing out-of-state competition, prompting lawmakers to consider what, if any, regulatory changes might be able to stem the tide.
Massive Anson project showing residential, retail progress
Duke Realty Corp. has retrenched at its massive Anson development in Whitestown—focusing on the most promising sections, rearranging some of its site plans, and letting land-purchase contracts expire on about 300 acres where development prospects are likely several years away.
Signature Inns founder plans auto-care franchises
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
At 92, Danielson’s banking career is still going
City Securities co-chairman still dispenses wisdom accumulated over a career touching on everything from baseball to folding doors.
WellPoint protestors harass Braly as political disclosure proposal fails
The proposal, which sought twice-yearly reports on all the health insurer’s donations used for political campaigns or lobbying, was overwhelmingly voted down by WellPoint shareholders.
Activists plan to protest WellPoint political giving at meeting
A mix of union groups, activist investors and single-payer advocates will call for increased disclosure from WellPoint, and some investment funds will vote against WellPoint board members who they say have failed to exercise proper oversight of WellPoint’s political spending.
Student-loan debt-collection agencies garner criticism
Lucrative incentives paid to federal student-loan collectors are sparking criticism that not-for-profit loan-guaranty agencies are reaping a bonanza from the troubles of former students. USA Funds, the largest guaranty agency, is based in Indianapolis.
City’s final tab for hosting Super Bowl: $1 million
CIB and city tourism leaders say that the money was well spent considering the game could translate to $300 million in direct visitor spending over the next several years.
Airport faces fiscal headwinds
The Indianapolis Airport Authority recorded a $31.3 million operating loss in 2011, a result that new board President Michael Wells believes underscores the need to find new sources of revenue.
University Loft adding jobs as it recovers from credit crunch, probe
Nearly two years after federal agents raided furniture maker University Loft Co.’s Hancock County plant, the once-fast-growing firm is seeing business bounce back.
GOP rival hopes to end Lugar’s career
Mourdock has spent months arguing that Lugar is not conservative enough for the right-leaning state.
