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Articles
Pressure on legislature to address abandoned homes
Banks are pushing for reform to the state’s process for home foreclosures.
Hoosiers don’t want marriage amendment
As the debate over House Joint Resolution 6 continues, I wonder if some of the major proponents of this discriminatory bill, such as Micah Clark, Eric Miller and Curt Smith, realize that they are being outnumbered.
Security firm’s job-creation plans draw state incentives
Allegion PLC’s plans to add employees at its North American headquarters in Carmel could earn the global security firm as much as $2 million in tax credits from the Indiana Economic Development Corp.
Roundup: Coffee shop expanding downtown, new restaurant in Fletcher Place
Hubbard & Cravens plans to open in two downtown locations, restaurant Ember Urban Eatery takes space in the Villaggio, and a family entertainment center expands to Greenwood.
Local restaurant owners settle case of pizzeria plagiarism
Napolese pizzeria and Crust Pizzeria Napoletana have quietly reached an agreement outside of court. Napolese owner Martha Hoover filed an intellectual property lawsuit against Crust owner Mohey Osman in October.
Meridian corridor office complex sells for close to $43 million
The buyer, Equus Capital Partners, has made a habit of purchasing large-scale, Class A office properties on the north side of the city.
Leases/leasing contracts
-General Nutrition Centers leased 342,840 square feet in AllPoints at Anson 7A, 4055 S. County Road 500 East, Whitestown. The tenant was represented by Jim Medbery of Binswanger. The landlord, a partnership of Duke Realty and Browning Investments, was represented by Mark Hosfeld and Jay Archer of Duke and Mark Susemichel and John Cohoat of Browning.
-Poly Tainer Inc. leased 66,282 square feet of industrial space at 999 Gerdt Court, Greenwood. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Greenwood Gerdt Enterprises LLC, was represented by Jon Jessup of Summit Realty Group.
-Office Furniture Warehouse Inc. leased 16,000 square feet of industrial space at 5925-6021 W. 71st St. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, GI Partners, was represented by Bryan Poynter and Russ Van Til of Cassidy Turley.
-Metal Man LLC leased 5,756 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Stan Elser of Lee & Associates. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley.
-Clothes Mentor leased 4,800 square feet of retail space at 11670-11680 Commercial Drive, Fishers. The landlord, Sena Realty FC LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Vision Works leased 3,946 square feet of retail space at 9893 N. Michigan Road, Carmel. The tenant was represented by Patrick Boyle of Midland Atlantic Properties. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.
-Massage Envy leased 3,283 square feet at 6280 College Ave. The tenant was represented by Tracey Holtzman of Midland Atlantic Properties. The landlord, 6280 LLC, was represented by Bart Jackson and Scot Courtney of Lee & Associates.
-Americrawl Inc. leased 2,700 square feet at 5855 Kopetsky Drive. The landlord, Gateway South LLC No. 1, was represented by Brian Dell of Summit Realty Group. The tenant represented itself.
-Vitamin Shoppe leased 2,666 square feet at Stony Creek Marketplace, 17143 Mercantile Blvd., Noblesville. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, RPAI, was represented by Larry Davis, Tom English and John Baker of Sitehawk Retail Real Estate.
-H&R Block leased 2,400 square feet at Brownsburg Square Shopping Center, 967 N. Green St., Brownsburg. The landlord, Brownsburg Management Group, was represented by Jeff Hubley of Midland Atlantic Properties. The tenant represented itself.
-Walmart signed a four-month lease for 2,100 square feet at Prairie Lakes Shopping Center, 14350 Mundy Drive, Noblesville. The landlord, Prairie Lakes Development LLC, was represented by Tracey Holtzman of Midland Atlantic Properties. The tenant represented itself.
-Graeter’s Ice Cream leased 2,100 square feet at 5560 N. Illinois St. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, 56th Street Investments LLC, represented itself.-Just Install LLC leased 2,069 square feet at 4444 Decatur Blvd. The landlord, CP Ventures LP, was represented by Brian Dell and Ryan Kelly of Summit Realty Group. The tenant represented itself.
-Certified Lawn Care leased 1,500 square feet of industrial space at 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.
-Planetary Brewing Co. leased an additional 1,500 square feet of industrial space at 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.
-The Wright Cut, doing business as Great Clips, leased 1,260 square feet at Tasha’s Plaza, 9155 E. 56th St. The landlord, R. Danesh LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.
-Plopper & Partners LLP leased 1,222 square feet of office space at 301 E. Carmel Drive, Carmel. The tenant was represented by Lawrance Morrissey of Corporate Commercial Group. The landlord, Carmel-301 LLC, was represented by Kevin Dick and Paul Dick of Colliers International.Sales/acquisitions
-St. Louis -based SMFG LLC bought a 48-unit garden-style apartment complex at 221 E. Main St., Carmel. The seller, Sundance Investment Properties, was represented by Amy Burmeister and Adam Ehret of Summit Realty Group. The buyer represented itself.
-Culver’s bought 1.2 acres at Olio Road and State Road 238, Fishers. The buyer was represented by Allison Hawley of Cassidy Turley. The seller, Olio 238 Partners LLC, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
HETRICK: You can’t achieve velocity with one foot on the brake
People want not only to visit downtown, but also to live there. But if we are not regarded for livability, how can Indianapolis thrive?
Region registering impressive tech-job gains
Indianapolis’ and Carmel’s work forces were so lacking in high-tech jobs in 2001 that the void led to breakneck-speed hiring over the past 12 years as the cities caught up—faster than almost any other place in the United States.
SCHOETTLE: Watching Manning is painful whether he succeeds or fails
Win or lose, it’s not easy to watch No. 18 play for the Broncos.
MAURER: Who’s reading this newspaper—and others?
You can learn a lot about a person by finding out what newspapers they read.
Fraternity moving headquarters to Carmel
Indianapolis-based Theta Chi Fraternity will move its headquarters from College Park to Carmel early next year.
Whitsett pivots to market-rate apartment projects
Next up is a renovation of the vacant Consolidated Building and a redevelopment of the Indianapolis Star headquarters property, both on North Pennsylvania Street. The projects will add 600 market-rate apartments to downtown.
Mayors speak out against amendment on gay marriage
The mayors of Indianapolis, Fort Wayne, Evansville, South Bend and Hammond were among those expressing opposition.
Lauth acquires new apartment property in Greenfield
The local developer’s purchase of the complex is part of a shift within the company to complement its traditional development business with acquired properties.
People
Dr. Vincent Keating, an electrophysiologist, has joined Community Physician Network in Indianapolis. He holds a bachelor’s degree from the University of Notre Dame and a medical degree from the Indiana University School of Medicine.
Dr. Ahmed Abusamra, a pediatric hospitalist, has joined Community Physician Network, working at Community Hospital South. He did his medical training at Al-Quds University School of Medicine in East Jerusalem, Palestine.
Dr. Komal Ashraf, a neurologist, has joined Community Physician Network in Indianapolis. She did her medical training at Kirksville College of Osteopathic Medicine in Missouri.Dr. Susan Helsel, a family physician, has joined Community Physician Network in Carmel. She earned a bachelor’s degree and medical degree at the University of South Carolina. Prior to joining Community Physician Network, she served as assistant director of the Community Family Medicine Residency program for 14 years.
Spinoff firm with Carmel HQ plans to hire 150
Allegion PLC, an international firm that made its debut as a public company on Monday, plans to hire another 150 people within six months between its Carmel corporate hub and Indianapolis manufacturing facility.
2013 CFO OF THE YEAR: Don Van der Wiel
Since Don Van der Wiel joined Fifth Gear as CFO in 2010, revenue has increased 81 percent, from $28.4 million to $51.4 million, with profitability tripling.