Indianapolis apartment construction soars skyward
The downtown rental market is booming, but is a slowdown coming?
The downtown rental market is booming, but is a slowdown coming?
Two Arby’s employees said they were robbed by a man brandishing a butcher knife, about 10:45 p.m. Tuesday in Carmel. One employee told officers she was outside the fast-food restaurant in the 1200 block of Rangeline Road when a man with a bandana over his face grabbed her and forced her back inside. He took money from a safe and sped off in a stolen 2010 Honda Civic that was recovered nearby.
The 24,400-square-foot building was owned by CFS Inc., a Carmel company accused by the Indiana Secretary of State’s securities division of misappropriating the funds of elderly clients who bought ownership interests in rental properties.
-Herman & Kittle leased 21,954 square feet Four Parkwood Crossing, 500 E. 96th St. The lease was a renewal with a 7,718-square-foot expansion The tenant was represented by Jon Jessup and Matt Waggoner of Summit Realty Group. The landlord, Duke Realty, was represented by Duke's Adam Seger.
-Nexus Academy Blended Learning Schools leased 10,008 square feet at Glendale Town Center, 6101 N. Keystone Ave. The tenant was represented by Lynelle Noll and Nick Arterburn of CBRE. The landlord, Glendale Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-A&P Ventures LLC renewed its lease for 6,000 square feet of industrial space at 9319 9341 Castlegate Drive. The tenant was represented by Bryan Poynter of Cassidy Turley. The landlord, First Industrial Realty Trust, represented itself.
-J.Allan Hall & Associates Inc. leased 5,250 square feet at Circle Tower, 55 Monument Circle. The landlord, Ambrose Property Group LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The tenant represented itself.
-Woodhouse Day Spa leased 4,955 square feet at Geist Pavilion, 11501 Geist Pavilion Drive, Suite 118, Fishers. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, 116th & Olio LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Revolution X leased 4,267 square feet of flex space at 12800 Ford Drive. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, Mahi Development Co., was represented by Brad Williams of Summit Realty.
-Westbridge Investments leased 3,580 square feet of retail space at Rangeline Road and City Center Drive, Carmel. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, Carmel City Center LLC, was represented by Melissa Averitt of Pedcor Companies.
-National Permit Services Inc. leased 3,300 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley.
-Qdoba Mexican Grill leased 3,138 square feet at Traders Point II, 5650 E. 86th St. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Kite West 86th Street II LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Cycle Gear Inc. leased 3,100 square feet at Castleton Shoppes, 6024 E. 82nd St. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Castleton Shoppes LLP, represented itself.
-Accelerated Health Systems, LLC leased 2,400 square feet of retail space in Scatterfield Shoppes, 4299 S. Scatterfield Road, Anderson. The tenant was represented by Jonathan Sharp of Sharp Commercial. The landlord, McCardwell Inc., was represented by Scot Courtney and Bart Jackson of Lee & Associates.
-Red Sake leased 2,250 square feet of retail space in Fall Creek Harbour, 11228 Fall Creek Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson of Lee & Associates.
-Jimmy Johns Gourmet Sandwiches leased 1,780 square feet of retail space in Emerson Shoppes, 4914 S. Emerson Ave. The tenant was represented by Jeff Daniel of Valenti Real Estate Services Inc. The landlord, KLC Realty LLC, was represent by Greg Smith of Colliers International.
-Marco’s Pizza leased 1,600 square feet of retail space in Stop 11 Crossing, 7930 S. Emerson Ave. The tenant was represented by Andrew Clifford of 7D Commercial Real Estate. The landlord, LOR Corp., was represented by Brett Burch and Jeff Daniel of Valenti Real Estate Services Inc.
-TCBY leased 1,504 square feet at Rangeline Crossing, 116th Street and Rangeline Road, Carmel. The tenant was represented by Bill French of Cassidy Turley. The landlord, KRG Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Next Level Nutrition leased 1,000 square feet at Cool Creek Commons, 2456 E. 146th St., Carmel. The tenant was represented by Marilyn Farley of ReMax Select Inc. The landlord, Westfield One LLC, was represented by Andrew Hasbrook of Kite Realty Group.
The vacant Sherman Park business complex on the east side has been taken from a private developer in a bankruptcy reorganization, and several parcels of the 49-acre property are listed in the county's annual tax sale.
Community Health Network hired Wayne Pack as its chief human resources officer, replacing Jill Parris, who is retiring at the end of the year. Pack previously was senior vice president for human resources in the Americas division of Indianapolis-based Brightpoint North America, and before that was vice president of worldwide human resources at Carmel-based Thomson. Pack holds a bachelor’s degree from Tennessee Technological University.
Dr. David Williams has been named president of the west region of Community Health Network. Williams has held numerous leadership positions at Community Westview Hospital, including chief physician executive and chief of staff. He holds a bachelor’s degree from Ohio University in Athens and a doctor of osteopathy degree from Kansas City University of Medicine and Biosciences.
Sarah Knisely-King, a registered nurse, has been named chief operating officer and chief nursing executive for Community Health Network’s south region. She was most recently director of emergency services at Community Hospital South. Knisely-King holds a bachelor’s degree in nursing from Purdue University and a master’s degree in nursing administration from Lewis University.
Hendricks Regional Health Medical Group has hired Dr. Julia Ruckman, an OB/GYN, as part of its Westside Physicians for Women practice in Avon. Ruckman holds a bachelor’s degree from Indiana University and a medical degree from the Indiana University School of Medicine.
Dr. Frances Russell has joined Wishard-Eskenazi Health in emergency medicine. She received her undergraduate degree from Iona College and medical degree from the University of Wisconsin.
Dr. Constantine Albany has joined Wishard-Eskenazi Health in its special medicine oncology clinic. He received his medical degree from Techreen University in Syria.
Dr. Zachary Kahler has joined Wishard-Eskenazi Health in emergency medicine. He received his undergraduate degree from Carnegie Mellon University and medical degree from the University of Arizona.
Indianapolis Business Journal gathered leaders in the state's commercial real estate and construction industry for a Power Breakfast panel discussion Sept. 13. The following is an unedited transcript of the discussion.
Jonathon E. Horton, 46, was arrested at his Carmel home Wednesday on prostitution and methamphetamine-related charges. Police said Horton performed a sex act on an undercover officer at the home in the 500 block of 1st Avenue Northeast before he was arrested. After the arrest for prostitution, authorities found meth and drug paraphernalia. They also turned over several electronic media storage devices to the Hamilton County Metro Child Exploitation Task Force for investigation.
The landmark Uptown Café in downtown Noblesville is expected to reopen next month with new operators behind the counter.
The Carmel Clay School District is warning parents and students about a man who approaches teenage girls and tries to give them his phone number and other social media information. The school and local police have received reports of several incidents from female students. None of the incidents happened on school property. The Hamilton County Internet Crimes Against Children Task Force is investigating whether the man has committed any crimes.
Admissions at Indiana University Health hospitals suddenly dipped 4.3 percent this year, but income from operations shot up 19 percent.
Mike Claytor of Carmel is scheduled to announce Thursday that he will seek the Democratic Party's nomination for the job of the state's chief financial officer.
Indiana’s problem with brain drain is that its business community is too weak to offer enough jobs or high enough pay to keep graduates with the best money-making potential—those with degrees in science, technology, engineering, math and business.
A popular artesian well has been closed in Carmel after tests showed the presence of E. coli and coliform, a bacteria that can indicate the presence of disease-causing organisms or pathogens. The well in Flowing Well Park, on 116th Street near Gray Road, was closed Monday. New tests taken Tuesday continued to find potentially harmful bacteria. Water experts are working to find the source of the contamination.
A Carmel institutional pharmacy could move its growing drug repackaging operation to Noblesville’s Corporate Campus if city leaders sign off on $225,000 in tax breaks.
A month after a split Carmel City Council decided not to extend a $100-per-hour consulting deal for longtime Carmel Redevelopment Commission boss Les Olds, another organization is considering hiring him to keep city redevelopment projects on track.
Growing Texas-based restaurant chain Chuy’s plans to open its second Indiana location next summer in a new building at Hamilton Town Center.
The Landmark Center at 1099 N. Meridian St. and the historic Century Building at 36 S. Pennsylvania St. (pictured) are both in receivership but attracting interest from potential buyers and tenants.
Bo Jackson and Jerry Rice will tee it up alongside Finish Line CEO Glenn Lyon on Tuesday at The Bridgewater Club in Carmel at a golf outing to raise funds for youth sports initiatives.