California real estate trust acquires Carmel office building for $32M
StREITwise, a Los Angeles-based real estate investment trust, purchased the 142,000-square-foot Class A office and retail building from Ambrose Property Group.
StREITwise, a Los Angeles-based real estate investment trust, purchased the 142,000-square-foot Class A office and retail building from Ambrose Property Group.
Republican Fred Glynn, who recently was re-elected to the Hamilton County Council, will run against six-term Carmel Mayor Jim Brainard in May's primary.
Brian Gimelson, 48, pleaded guilty to evading taxes on more than $1.2 million in income related to the multimillion sale of a rare painting.
In its sophomore year, Carmel’s Christkindlmarkt drew 328,000 people to Carmel’s Center Green. Sales revenue also jumped significantly.
Max & Erma’s is the third restaurant in as many years to close along Meridian Street, where a major reconstruction project revamped the roadway into a freeway with no traffic lights.
Software company Tendly LLC, which began doing business under the name MomentPath in November, expects to move into a larger office space as part of the expansion plan.
Miller Auto care is moving to make way for a roundabout. Also: Theatrical Avenue, First Harvest, Pies and Pints, and Dirtbuster Car Wash.
Carmel filed a lawsuit in August to take control of PNC’s North Range Line Road property, but the bank agreed in an out-of-court deal to sell the land for $2.5 million.
The software company’s shareholder equity fell below the $2.5 million required to remain on the exchange.
In the suit, a former business partner of Scott Wise says he was defrauded out of his $300,000 investment in the Scotty’s Brewhouse on Main Street.
The health system’s plan to build a $130 million orthopedic hospital and medical campus might be rejected if Franciscan doesn’t commit to paying property taxes in perpetuity.
Orbis was founded in 2003 by Daniel Briggs, who now serves as the company’s chief growth officer. The firm markets and manages health care programs for academic institutions and health care systems.
Lauth Group bought the downtown building from longtime owner Coastal Partners LLC. It plans to renovate portions of the tower.
NattyMac, which was established in 2004, has a historical connection with Indianapolis and was sold to its current owner in 2017 for $211 million.
The local operator liked the concept so much he convinced the owner to franchise it. Also this week: Rooster’s Kitchen, Capture Fitness, Pies & Pints, Agape Pizza, Dough Life, Indyo, Pots & Pans Pie Co. and Goodwill.
The CEO and co-founder of one of the Indianapolis area’s oldest and largest software firms announced plans Tuesday to retire early next year.
At issue in the five-year legal dispute was whether Dr. Rick Sasso was properly compensated for various inventions, and whether Minnesota-based Medtronic paid him sufficient royalties as spelled out in the contract.
At issue in the five-year legal dispute was whether Dr. Rick Sasso was properly compensated for various inventions, and whether Minnesota-based Medtronic paid him sufficient royalties as spelled out in their agreements.
Riverview Health plans to build one of its new freestanding combined ER/urgent care facilities on Hazel Dell Road, south of 146th Street.
Sensing pent-up demand, a developer has filed plans to build a low-slung office building that would accommodate approximately 100 tenants.