A private company is weighing a $100 million investment in Fishers, Town Council member Scott Faultless said Monday, but the project depends on adopting a 1-percent food-and-beverage tax that’s still the subject of heated debate.
Slow but steady growth in central Indiana’s new-home market has chipped away at the supply of available lots, leaving developers and builders scrambling to keep up with demand.
A heavy hitter among commercial real estate developers has left the firm he helped found more than 20 years ago, to start his own company, and has taken most of its employees with him.
Zeller Realty Group has acquired the 300,000-square-foot Meridian Plaza right on Carmel’s front door step, and is gearing up for a $4 million revamp.
Zeller Realty Group plans to invest $4 million to update a trio of high-profile but underused office buildings along Carmel’s North Meridian Street corridor after acquiring the properties in late November. “The previous owner just ran out of money,” said Mark Vollbrecht, a senior vice president who manages Indianapolis operations for the Chicago-based real estate […]
First in a month-long series of new-in-2013 restaurants that we somehow missed in previous months.
Despite an ever-changing sports landscape, the Indianapolis Indians have been in the black every single year dating back to 1975. This year, the Tribe saw near record attendance and scored another seven-figure profit.
The buyer, Equus Capital Partners, has made a habit of purchasing large-scale, Class A office properties on the north side of the city.
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.
-StreetLinks LLC leased 25,171 square feet at 451 E. Market St. The tenant was represented by Yumi Goodman and Sam Smith of Colliers International and Jeff Mulder of Holly Duran Real Estate Partners. The landlord, MS Operations Center Partners LLC, was represented by Mark Vollbrecht of Zeller Realty Group.
-Accelerated Inc. leased 16,824 square feet of industrial space in AmeriPlex at 5777 Decatur Blvd. The tenant was represented by Stan Elser of Lee & Associates. The landlord, McCarran Logistics Partners LP, was represented by Matt Dickerson of Jones Lang LaSalle.
-L.D. Lee Construction LLC 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.
-CID Capital II Inc. leased 4,000 square feet of office space at 201 W. 103rd St., Carmel. The tenant was represented by Michael R. Semler of Cassidy Turley. The landlord, Virtu Meridian Associates LLC, was represented by Adam Broderick of Jones Lang LaSalle.
-Lewis & Wilkins LLP leased 3,867 square feet at 410 S. College Ave., Suite 100. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, Von Deylen Family LLC, was represented by Sandra Jarvis of Indy Squared Commercial Properties.
-AM Facility Services Inc. leased 3,632 square feet at 6886 Hillsdale Court. The tenant, AM Facility Services Inc., was represented by Cam Kucic of Summit Realty Group. The landlord, Hillsdale Property Owner LLC, was represented by Brian Buschuk of Jones Lange LaSalle.
-Children’s Bureau Inc. leased 3,546 square feet at 1503 N. Mitthoeffer Road, Suite 100. The tenant was represented by Brooke Sipe of Alliance Commercial Group. The landlord, Mitthoeffer Associates, was represented by Brad King of RE/MAX Commercial.
-ST Logic leased 3,040 square feet at 9449 Priority Point Way, West Drive, Suite 110. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, PP Indianapolis IV Project Corp., was represented by Tim Hull and Rick Trimpe of CRBE.
-Associated Reporting leased 2,435 square feet of office space at 251 E. Ohio St. The tenant was represented by Spud Dick and John Crisp of Cassidy Turley. The landlord, Hertz Investment Group LLC, was represented by Crystal Houston of CBRE.
-Cajun & Creole leased 2,366 square feet at North Willow Mall, 2274 W. 86th St. The tenant was represented by Hamada Ibrahim of RP Lux Co. The landlord, Township 86 Development Co., was represented by Keith Fried of Sitehawk Retail Real Estate.
-T-Mobile leased 2,298 square feet at Speedway Plaza, 6137 Crawfordsville Road. The landlord, Plaza at Speedway LLC, was represented by Scott Gray and Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-Michele’s Boutique renewed its lease for 2,000 square feet of retail space at 540 630 W. Northfield Drive, Brownsburg. The landlord, ATC Realty One LLC, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Cochran Agencies LLC leased 1,903 square feet of office space at 1980 E. 116th St., Carmel. The landlord, Clarkland Properties, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.
-Tubes Inc. leased 1,018 square feet of office space at 6535 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
-Peace & Harmony Hair Salon leased 810 square feet at Meridian Meadows, 3029 Meridian Meadows, Greenwood. The Landlord, TCP Greenwood LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
A new salon concept is blowing into Carmel next week. Dubbed do-tique, the dedicated blow-dry bar will offer shampoos and styling. Plus: A pop-up shop adds to its Twelve Days, and The Pint Room’s plans.
A major supermarket chain is hoping to expand into the Indianapolis market, starting with an anchor position in a mixed-use project under construction in Carmel.
Police have arrested a 47-year-old man on charges of battery, criminal deviate conduct and criminal confinement after a woman allegedly escaped on Monday morning from a home in the 5800 block of East 16th Street. The woman told police that she had been held against her will, sexually assaulted and shocked with a stun gun. Police found Keith Pease—already wanted on an open warrant for failing to register as a sex offender—hiding in a basement crawlspace around 7:45 a.m.
The university wants to expand its health services program by using some existing Wishard space and tearing down other buildings and replacing them with modern facilities,
Apartment specialist Edward Rose Properties Inc. is proposing an $80 million mixed-use project on mostly undeveloped land in Carmel’s Old Meridian District.
-Newegg leased 412,808 square feet at WorldConnect@Ameriplex, Building 1, 6161 Decatur Blvd. The tenant was represented by Mark Writt and Scott Belfer of CBRE. The landlord, Industrial Developments International, was represented by Andrew Morris, Jeremy Woods and Andrea Hopper of Summit Realty Group and Doug Armbruster and Jeremy Kraus of IDI.
-Eagle Adjusting Services Inc. leased 12,588 square feet of industrial space at 14701 Cumberland Road, Noblesville. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Taylored Systems, represented itself.
-R.S. Hughes leased 8,940 square feet of industrial space at 5058-5148 W. 79th St. The tenant was represented by Ken Boyd of Jackson & Cooksey. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley.
-National Programming Service LLC leased 8,577 square feet at 7320 E. 86th St. The tenant was represented by Yumi Goodman of Colliers International. The landlord, East 86th Street Partners LLC, represented itself.
-Trophy Technologies LLC leased 8,568 square feet of industrial space at 8857 Bash St. The landlord, Westminster Funds, was represented by Todd Vannatta of Cassidy Turley. The tenant represented itself.
-Anixter Inc. leased 6,000 square feet of industrial space at 6911-7061 Corporate Circle. The tenant was represented by Jeffrey Harris of NAI Meridian Real Estate Services. The landlord, GI Partners, was represented by Russ Van Til and Bryan Poynter of Cassidy Turley.
-Scotlynn USA Division Inc. leased 4,813 square feet of office space at 8335 Keystone Crossing. The tenant was represented by Spero Pulos of Lee & Associates. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.
-Rio Grande Fresh Mexican Grill leased 4,800 square feet of retail space at Hague Road Center, 20805 Hague Road, Noblesville. The landlord, Harshman & Hays Three LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.
-In Site Art Consulting Group Inc. leased 3,163 square feet of office space at 6330 E. 75th St. The tenant was represented by Matt Jackson of Jackson Investment Group. The landlord, Henderson Global Investors North America Inc., was represented by Bennett Williams and Todd Vannatta of Cassidy Turley.
-Skywave Technology Partners leased 3,000 square feet at 4000 Georgetown Road Shopping Center. The tenant was represented by Sharon Thompson of KW Commercial and Keller Williams Indy Metro North. The landlord, Stanford Property Management LLC, represented itself.
-Znachko Associates Inc. leased 2,500 square feet of office space at 5875 Castle Creek Parkway. The tenant was represented Mike Napariu of REI Real Estate Services. The landlord, LSREF2 OREO, was represented by Matt Langfeldt of Summitt Realty Group.
-Elite Management Services LLC leased 2,446 square feet in the Stock Yards Bank Building, 136 E. Market St. The landlord, Crown Stock Yards LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.
-Gilday & Associates PC leased 2,223 square feet at One Indiana Square. The tenant was represented by Yumi Goodman of Colliers International. The landlord, One Indiana Square Associates LLC, was represented by Ralph Balber of Newmark Knight Frank Halakar.
-Arch Eyebrows leased 1,200 square feet at Speedway Plaza, 6137 Crawfordsville Road. The landlord, Plaza at Speedway LLC, was represented by Scott Gray and Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-Health Spot leased 1,141 square feet at 9778 E. 116th St., Fishers. The tenant was represented by Kyle Hughes of Veritas Realty LLC. The landlord, Sunbeam Development Corp., was represented by Mark Perlstein of Sitehawk Retail Real Estate.
-OPYS Physician Services LLC leased 875 square feet in the Barrister Building, 155 E. Market St. The landlord, Crown Barrister LLC, was represented by Larry W. Harshman of Harshman Property Services LLC. The tenant represented itself.
The city’s largest real estate brokerage predicts that 2014 will mark the first year the economy feels like it’s actually recovering, as all sectors of the commercial real estate market continue to improve.
Because Pittsburgh-based Giant Eagle wants to enter the Indianapolis market, you'd think it would initiate discussions to buy Marsh Supermarkets, which has been hanging a for-sale banner for years. But a Giant Eagle spokesman said there have been no discussions.
-Vox Lumen subleased 117,0000 square feet at 11899 Exit 5 Parkway, Fishers. The tenant was represented by Tom Ferguson and Pete Alveal of Premiere Commercial Real Estate. The sublandlord, Diamond Foods, was represented by John Hanley and Terry Busch of CBRE.
-Facilities Solutions Group leased 10,721 square feet at 9715 Kincaid Drive, Fishers. The tenant was represented by Cam Kucic and Ryan Kelly of Summit Realty Group. The landlord, Meritex Enterprises Inc., was represented by Brian Buschuk of Jones Lang LaSalle .
-Countyline Collision LLC leased 6,240 square feet of industrial space at 1515 Hancel Parkway, Mooresville. The landlord, D.A. Green LLC, was represented by Patrick Lindley and Grant Lindley of Cassidy Turley. The tenant represented itself.
-Midwest Fertilizer Corp. leased 5,409 square feet of office space at 101 W. Ohio St. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, West Ohio II LLC, was represented by Renae Breitbach of Amerimar.
-Blake Ruff Personal Training, DBA Crossfit Dash, leased 5,085 square feet at 3250B W. 86th St. The tenant was represented by Jack Hogan of Jones Lang LaSalle. The landlord, Zahn LLC, was represented by Matt Waterman of Pegasus Investments.
-Blake Ruff Personal Training, DBA Crossfit Castlewood, leased 4,800 square feet at 8455 Castlewood Drive. The tenant was represented by Jack Hogan of Jones Lang LaSalle. The landlord, KHK LLC, was represented by Spero Pulos of Lee & Associates.
-Wings Etc. leased 4,105 square feet at Western Plaza, 135 Sheridan Road, Noblesville. The tenant was represented by Dean Almas of Sitehawk Retail Real Estate. The landlord, Western Plaza LLC, was represented by Ryan Menard of Thompson Thrift Development.
-Eagle and Fein PC leased 3,963 square feet of office space at 8500 Keystone Crossing. The tenant was represented by James Clark of Jones Lang LaSalle. The landlord, PWA Keystone Crossing LP, was represented by Mike Semler, Bennett Williams and Andrew Martin of Cassidy Turley.
-Riverside leased 3,600 square feet of industrial space at 5333-5367 W. 86th St. The landlord, Iron Point Titan Asset Management LLC, was represented by Bryan Poynter of Cassidy Turley. The tenant represented itself.
-Mezzetta Construction Services Inc. leased 3,438 square feet of industrial space at 6911-7061 Corporate Circle. The landlord, GI Partners, was represented by Bryan Poynter and Russ Van Til of Cassidy Turley. The tenant represented itself.
-Dr. Diana Kozlowski DDS leased 3,329 square feet of office space at 526 State Road 32, Westfield. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, Alpha Tau Enterprises LLC., was represented by Craig Kaiser of Northern Commercial.
-The Heritage Group leased 3,329 square feet at Intech Eleven, 6625 Network Way. The tenant was represented by Mike Cook of CBRE. The landlord, Network Way Properties, was represented by Kevin Gillihan and Jack Hogan of Jones Lang LaSalle.
-Jimmy John's Gourmet Sandwiches leased 1,500 square feet of retail space at 322 S. Lebanon St., Lebanon. The tenant was represented by Jeff Daniel of Valenti Real Estate Services Inc. The landlord, K&E Limited Partnership, represented itself.
-Maxx Electronic Cigarettes leased 1,410 square feet of retail space in Avon Commerce Crossing, 8185 E. US 36, Avon. The tenant and landlord, Commerce Crossing LLC, were represented by Brett Burch of Valenti Real Estate Services Inc.
-The Joint chiropractic clinic leased 1,326 square feet at Rangeline Crossing, 116th Street and Rangeline Road, Carmel. The tenant was represented by Kyle Hughes of Veritas Realty. The landlord, KRG Centre LLC, was represented by Andrew Hasbrook of Kite Realty Group.
-Universal Protection Services of America Inc. leased 1,208 square feet of office space at 201 South Capitol Ave. The tenant was represented Mike Napariu of REI Real Estate Services. The landlord, Pan Am SCE I LLC, was represented by Tom Ott of Coastal Partners.
Soupremacy on East Market Street is the brainchild of the franchisee of the local Potbelly restaurant located just around the corner. Plus, new locations for Bub’s Burgers, Sunrise Cafe, Tuscanos Brazilian Grill, and more.
