Think long term for Asherwood’s future
IBJ’s [Sept. 8] report on the for-sale listing of the Simon family’s 106-acre estate, Asherwood, in Carmel presents a great opportunity for a new owner to reforest the 18-hole golf course.
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Articles
Simon estate in Carmel hits market for $25 million
The 106-acre property includes a 50,000-square-foot mansion and private, 18-hole golf course. Mel Simon and his wife, Bren, had been working on disposing of the home even before the billionaire’s death in September 2009.
LOPRESTI: Catching up with an exclusive Colts group, the 21 QB club
We know all about Manning and Luck, but what about the others who’ve lined up under center?
BidPal sees changes at top, cuts workforce
BidPal Inc., one of the Indianapolis-area’s fastest-growing companies in recent years, has reduced its workforce by 25 percent and is looking for a replacement for longtime CEO and local tech titan Scott Webber.
Kite CEO ‘not afraid to continue to grow’
In an interview with IBJ, Kite Realty Group Trust CEO John Kite discusses the $1.2 billion acquisition of Illinois-based Inland Diversified Real Estate Trust, potential redevelopment of Pan Am Plaza and its hopes to keep a branch of the Indianapolis-Marion County Public Library at Glendale Town Center.
Roundup: More craft-beer pubs on tap for August
TwoDeep Brewing and HopCat set to enter the craft beer scene; a third Pizzology opening; and a retail tenant coming to Ironworks at Keystone Avenue and East 86th Street.
City seeks to keep Carmel’s Monon Greenway green
Carmel wants to rezone more than 130 properties along the Monon Greenway north of 96th Street, a move leaders say will protect the tree-lined trail from future development. Neighbors aren’t convinced.
Lender to bankrupt country club puts on suitor’s cap
The lender for the Hawthorns Golf & Country Club is an affiliate of California-based Concert Golf Partners, which hopes to convert its debt into ownership of the Fishers club.
Housing developer hopes farm hooks new residents
A growing number of housing developers thinks farms, rather than golf clubs, are the perfect hook to lure residents. The first to experiment with the concept in central Indiana is Mike Higbee of Central Greens LLC, with his Seven Steeples Farm on the site of the old Central State Hospital.
Tiny Sheridan girds for inevitable growth
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
Westfield council OKs $2.5M to make way for mixed-use project
The city of Westfield will help Westfield High School replace its aging football stadium, making way for a $40 million commercial development planned for the corner of U.S. 31 and State Road 32.
Prominent criminal lawyer: Airport site for complex ‘cannot work’
A spokesman for Indianapolis Mayor Greg Ballard said the airport site hasn’t officially been selected, although it did score highest among sites the city evaluated.
Airport site identified as ‘preferred’ for criminal-justice complex
An airport location and the former GM metal-stamping property near downtown are the top two sites listed for a Marion County jails-courts complex in a market survey of 14 potential sites conducted for the city by real estate services firm CBRE.
Leases/leasing contracts
-Southern Wine & Spirits of America renewed its lease for 211,500 square feet of industrial space at 800 Commerce Parkway Drive, Greenwood. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, Liberty Property Trust, was represented by Jake Sturman of Jones Lang LaSalle.
-Golf Galaxy leased 35,056 square feet at Castleton Square Pavilion, 5625 E. 86th St. The tenant was represented by Paul Gold of ECHO Real Estate Services. The landlord, Castleton Anchor Redevelopment II LLC, was represented by Thomas English and Larry Davis of Sitehawk Retail Real Estate.
-Ingredion Inc. leased 13,864 square feet at 5521 W. 74th St. The tenant was represented by Matt Jackson of Jackson IG. The landlord, Duke Limited Partnership, was represented by Kate Willen of Duke Realty Corp.
-Winner Woodworking Inc. leased 6,300 square feet of industrial space at 2205 National Ave. The tenant and landlord, Donald Kosten, were represented by Mike Medlock of Lee & Associates.
-Mattress Firm leased 4,500 square feet at U.S. 40 Shops at Perry Road and U.S. 40, Plainfield. The tenant was represented by Scott Gray of Sitehawk Retail Real Estate. The landlord, ECC Main Street Property LLC, was represented by Larry Davis and Thomas English of Sitehawk Retail Real Estate.-MS Consultants Inc. leased 3,627 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Svarczkopf of CBRE. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Provident Funding Associates LP leased 3,050 square feet at 8900 Keystone Crossing. The tenant was represented by Kevin Gillihan of Jones Lang LaSalle. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.-Symetra Life Insurance leased 2,830 square feet at 9100 Keystone Crossing. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate Group. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Blaze Pizza leased 2,400 square feet at Meijer Outlot Shops II, 12697 N. Pennsylvania St., Carmel. The tenant was represented by Allison Hawley of Niessink Commercial. The landlord, ECC Carmel Meijer Shops II LLC, was represented by Larry Davis, Tom English and John Baker of Sitehawk Retail Real Estate.
-National Electrical Contractors Associates leased 2,247 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.
-Chipotle Mexican Grill leased 2,240 square feet at Meijer Outlot Shops II, 12697 N. Pennsylvania St., Carmel. The tenant was represented by Bryan Chandler of Eclipse Real Estate. The landlord, ECC Carmel Meijer Shops II LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-Diagnotes Inc. leased 2,025 square feet at 8900 Keystone Crossing. The tenant was represented by Chris Carmen of Carmen Commercial Real Estate Inc. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Combined Insurance Co. of America leased 1,854 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based Equus Capital Partners Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.
-TKH Holdings LLC leased 1,750 square feet at Harbourtown Shoppes, located at North Harbour, Noblesville, for a Friends & Company restaurant. The landlord, Harbourtown Center LLC, was represented by J.W. Ernst of Charter Commercial Realty Group. The tenant represented itself.