Carmel lawmaker wants transparency from IEDC
Sen. Mike Delph said he believes the economic development organization is intentionally misleading the public about the number of jobs that companies receiving incentives create.
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Articles
Holiday retail sales growth weakest since 2008
Shoppers were buffeted this year by a string of events that made them less likely to spend. The numbers also show how Washington’s current budget impasse is trickling down to Main Street and unsettling consumers.
Two Scotty’s to reopen as Detour American Grilles
The owner of the restaurants, Fishers-based MSCB, switched to the new formats after terminating its contracts with the current operator, Indianapolis-based A Pots & Pans Production.
LIBMAN: Shrink unwieldy not-for-profit boards
As major arts institutions in central Indiana search for administrative leadership and financial stability, a logical question might be, what should be the role of the board for a not-for-profit organization?
Shepherd insurance agency acquires rival Chappell
Carmel-based Shepherd Insurance & Financial Services, one of the largest independent insurance agencies in the Indianapolis area, got a little bigger with its purchase of Chappell Insurance Agency in Fishers.
Chrysler plans 400 more jobs, $212M expansion in Kokomo
Chrysler Group LLC on Monday night said it was planning to spend as much $212 million on another expansion in Kokomo that could add more than 400 jobs.
Leases/leasing contracts
–John Hanley and Terry Busch of CBRE have been hired to sublease a 177,891-square-foot manufacturing plant on 9.9 acres at Exit Five Parkway near Interstate 69 and 116th Street. The plant, which is being vacated by Diamond Foods Inc. in January, will be available for sublease in February.
-Channeled Resources Group leased 48,600 square feet of industrial space at 6555 E. 30th St. The tenant was represented by Luke Wessel of Cassidy Turley. The landlord, First Industrial Realty Trust, was represented by Brian Seitz and Brian Buschuk of Jones Lang LaSalle.
-Peng Li International Trading Inc. leased 27,657 square feet of industrial space at 1710 Jenkins St. The tenant was represented by J.D. Graves of CBRE. The landlord, Brookside Industrial Center LLC, was represented by Fritz Kauffman and Michael Weishaar of Cassidy Turley.-Silicis Technologies Inc. leased 12,000 square feet of industrial space at 17110 Westfield Park Road, Westfield. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, James Thomas, was represented by Drew Pattyn of Northern Commercial.
-Carpet Decorators Inc. leased 9,600 square feet of industrial space at 5711 5741 W. Minnesota St. The tenant was represented by Bryan Poynter of Cassidy Turley. The landlord, Duke Realty Corp., was represented by Duke's Mark Hosfeld.
-Colliers International leased 7,614 square feet of office space at 9339 Priority Way West Drive. The tenant was represented by Sam Smith of Colliers International. The landlord, Pace Properties, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
-Interactions Corp. leased 5,878 square feet of office space at 3035 N. Shadeland Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, First Highland, was represented by Bennett Williams of Cassidy Turley.
-Accurate Laser renewed its lease for 5,400 square feet of industrial space at Andrade Industrial, 10658 Andrade Drive, Zionsville. The landlord, Andrade Industrial LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-Advanced Construction leased 3,200 square feet of industrial space at Brookville Park 52, 8464 Brookville Road. The landlord, Brookville P52 LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-Powder Metal leased an additional 3,050 square feet of industrial space at Brookville Park 52, 8458 Brookville Road. The landlord, Brookville P52 LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-Accelerated Health Systems Inc. leased 2,800 square feet at Greenwood Springs Shopping Center, 1273 Emerson Ave., Greenwood. The tenant was represented by Jonathan Sharp of Sharp Commercial Corp. The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate.-Keith McClain leased 2,800 square feet of industrial space at Brookville Park 52, 8426 Brookville Road. The landlord, Brookville P52 LLC, was represented by Brady Clements of Skyline Property Group. The tenant represented itself.
-CompareNetworks Inc. leased a 2,498-square-foot office space at Delaware Crossing I, 10150 Lantern Road, Fishers. The landlord, Genesis Development Group LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.
-Upland Brewing Co. leased 2,400 square feet at 116th Street Centre, 820 E 116th St., Carmel. The tenant was represented by Dave Harstad of Summit Realty Group. The landlord, TCP Guilford LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Heartland Dental Care leased 2,400 square feet of retail space at 5855 5905 S. Madison Ave. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.-Isushi Cafe leased 2,317 square feet at 116th Street Centre, 820 E. 116th St., Carmel. The landlord, TCP Guilford LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-McNamara Florist leased 2,262 square feet of retail space in Fall Creek Harbour, 10106 Brooks School Road, Fishers. The tenant was represented by Bill French of Cassidy Turley. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson of Lee & Associates.
-R&J Management Group Inc. dba Orange Leaf Yogurt leased 2,120 square feet of retail space in Greenfield Station Shopping Center, 1917 Melody Lane, Greenfield. The landlord, LOR Corp., was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-Rangeline Chiropractic leased 1,875 square feet of retail space at 614 622 S. Rangeline Road, Carmel. The tenant was represented by Allison Hawley of Cassidy Turley. The landlord, Mohawk Management Inc., represented itself.
-Neat O Inc. leased 1,874 square feet of retail space at 724 Broad Ripple Ave. The tenant was represented by Brooke Sipe of Alliance Commercial Real Estate. The landlord, Ossip Real Estate LLC, was represented by Jacque Haynes and Bennett Williams of Cassidy Turley.
-Precious Point Inc. leased 1,222 square feet of office space at 301 E. Carmel Drive, Carmel. The tenant was represented by Tom Hadley of Summit Realty Group. The landlord, Carmel 301 LLC, was represented by Kevin Dick of Colliers International.
Developer close to starting project at 116th, Springmill
Gershman Brown Crowley Inc. is in the process of getting design approval from the city of Carmel for a 9,600-square-foot retail building and a 13,200-square-foot CVS pharmacy.
Chrysler plans $162 million plant, 850 jobs in Tipton
Tipton officials approved a 10-year tax abatement worth $2.5 million to help the company launch production in a nearly 800,000-square-foot plant at U.S. 31 and State Road 28, about 25 miles north of Carmel.
Mississippi power group to join Carmel MISO
Hattiesburg-based SMEPA, which generates and wholesales power to 11 electric cooperatives serving 410,000 Mississippi customers, says it will join Carmel-based Midwest Independent Transmission System Operator in December 2013.
Carmel poised to gain HQ of new public company
Ingersoll-Rand PLC said it plans to spin off its commercial and residential security unit, which is headquartered in Carmel, into a separate public company. The security division has $2 billion in annual revenue and 1,300 employees in the Indianapolis area.
Startup’s stuffed toys help kids do good
Indianapolis-based Promise Monsters makes and sell plush toys that promote kindness through secret “missions” kids are asked to complete.
Surprise on-field success driving Colts’ club-seat sales
What had looked like a bleak scenario for renewals took a positive turn thanks to wins racked up by the team and rookie quarterback Andrew Luck.
IEDC seeks $30M fund to stoke life sciences firms
The Indiana Economic Development Corp. is looking to renew its commitment to life sciences by creating a $30 million venture fund. The amount dedicated to one sector would be equal to the state’s allocation for all high-tech startups over the past two years.
Hamilton County airport closer to extending its runway
Federal, state grants will fund study of project intended to serve growing corporate clientele.
Indiana Republicans already clashing over budget
What the 2013 legislative session lacks in spectacle, it’s sure to make up for in surprises.
TORR: Existing laws are sufficient to weed out fraudulent claims
Anytime a government program makes tax dollars available to certain individuals, unfortunately, a few will look to game the system.
Housing group sues Buckingham over apartment accessibility
The National Fair Housing Alliance alleges in a lawsuit that four of the local apartment developer’s properties violate Fair Housing Act accessibility requirements.
Also this week
Booth Tarkington Civic Theatre revives its popular production of “Joseph and the Amazing Technicolor Dreamcoat,” Dec. 14-Jan. 5 at the Center for the Performing Arts. Details here.
The Dec. 14 Hoosier Holidays concert at the Inn at DePauw University in Greencastle features Cara Jean Marcy, Tim Grimm, Jan Lucas, The Banisters, Bobbie Lancaster and more. Details here.
The Cabaret at the Columbia Club offers a Martinis & Mistletoe concert featuring Shannon Forsell, Brenda Williams and the Buselli Wallarab Jazz Septet Dec. 12-15. Details here.
Sufjan Stevens performs at Deluxe at Old National Centre Dec. 14. Details here.
“Live: Family Christmas,” Dec. 15 at the Benjamin Harrison Presidential Site, includes an opportunity to interact with actors playing Harrison, his family and staff. Details here.
The release of trumpeter Pharez Whitted’s new CD “For the People” is celebrated at a concert Dec. 14 at the Jazz Kitchen. There’s also a Jazz Kitchen Holiday Sing-a-Long Dec. 19. Details on both and more concerts here.
Members of Actors Theatre of Indiana are among those providing strolling entertainment at Carmel City Center Dec. 15. Details here.