Mainstreet plans $9.2M nursing home on northwest side
The 65,000-square-foot nursing-home and assisted-living facility would feature an Internet cafe, movie theaters and restaurant-style dining with an on-site chef.
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Construction
-Alt Construction has completed a 24,010-square-foot office build-out for CP Vincennes LLC at 4030 Vincennes Road.
-Alt Construction has completed a 2,100-square-foot build-out for PEARings: Frozen Yogurt & Beyond at 6 W. Washington St.
-Alt Construction has completed a 53,885-square-foot office build-out for Bell Techlogix at 4400 W. 96th St., Carmel.
What is tipping point for development incentives?
A Carmel City Council committee’s decision not to help Pedcor Cos. land a state tax credit sent a message to developers: Public money won’t be flowing quite as freely in the future.
Docs court employers with health management service
Three years ago, the physician practice American Health Network was concerned that the boom in employer on-site clinics would hurt its business. So it launched a program aimed at managing the health of employers’ workers. And it has come up with some impressive results. Carmel-based American Health’s Employer Health Management program sends nurses to all […]
Indianapolis hospitals hit with tough bargaining environment
Aggressive construction wiped out historical territories, thus opening the door to insurers playing hospitals off each other.
MACALLISTER: Stop, think before expanding transit
We continue to analyze, visualize and contemplate the expansion of an urban transit system for the Marion County area. All accept the blessing of reduced traffic during rush hours, but alas, to do so entails a cost-benefit ratio that might be troubling.
Against court orders, Conour auctioned art for $10K
Attorney William Conour, accused of defrauding clients of more than $4.5 million, has admitted to auctioning some of his art collection in an apparent violation of bond conditions.
Swedish shows stark contrast with Braly
One month into Joe Swedish's tenure as CEO of WellPoint Inc., he and the communications staff set up an interview with me. That was quite different from my experience with Angela Braly, who declined all of my interview requests in her 63 months as CEO.
Westfield’s ‘Grand’ plans extend downtown, too
More than five years in the making, Westfield’s $20 million Grand Junction initiative is moving forward. Mayor Andy Cook said the project already is paying off.
Docs court employers with health management
Three years ago, the physician practice American Health Network was concerned that the boom in employer on-site clinics would hurt its business. So it launched a program aimed at managing the health of employers’ workers. And it has come up with some impressive results.
Leases/leasing contracts
-Allison Transmission leased 127,446 square feet of industrial space at Park Fletcher, 2840 Fortune Circle West Drive. The tenant was represented by Glenn Davis and Ross Reller of Colliers International. The landlord, Duke Realty, was represented by Duke's Kate Willen Ems.
-GVS Filter Technology leased 43,200 square feet of industrial space at 5303 5373 W. 79th St. The tenant was represented by Michael Weishaar of Cassidy Turley. The landlord, Duke Realty Corp., was represented by Duke's Kate Willen Ems.
-Reading Bakery Systems leased 25,340 square feet in Park 100 Building 134, 7451-7543 Winton Drive. The tenant was represented by Glenn Davis of Colliers International. The landlord, Pinchal & Co., was represented by Chip Barnes and Jake Sturman of Jones Lang LaSalle.-Goelzer Investment Management Inc. renewed its lease for 13,189 square feet of office space at 111 Monument Circle. The tenant was represented by Jon Owens of Cassidy Turley. The landlord, HRPT Lenexa Trust Properties, was represented by John Robinson and Adam Broderick of Jones Lang LaSalle.
-Cisco leased 11,888 square feet at Meridian Mark II, 11711 N. Meridian St., Carmel. The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, Zeller Realty, was represented by Zeller's Mark Vollbrecht.
-Classic Designs Unlimited LLC leased 10,500 square feet of industrial space at 3250 N. Post Road. The tenant was represented by Kyle Powell of Ambrose Property Group. The landlord, Iron Point, was represented by Bryan Poynter of Cassidy Turley.
-AmeriCare Ambulance Service leased 9,600 square feet of industrial space at 4180 N. Elmhurst Drive. The landlord, Carl Weedman Family Trust & Frank T. Kilby Trust, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.
-Relevant Technologies leased 3,848 square feet at Castle Creek IV, 5875 Castle Creek Parkway, North Drive. The tenant was represented by Adam Broderick of Jones Lang LaSalle. The landlord, Orix USA, was represented by Matt Langfeldt of Summit Realty Group.
-Market Street Wealth Management Advisors LLC leased 2,872 square feet of office space at 3091 E. 98th St. The tenant was represented by Brooke Sipe of Alliance Commercial Real Estate. The landlord, Brookfield Real Estate Opportunity Fund, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
-Helix Medical LLC leased 2,439 square feet of office space at 7301 E. 90th St. The tenant was represented by Randall Tarnow of Mohr Partners. The landlord, Westminster Funds, was represented by Todd Vannatta of Cassidy Turley.
-Indy EIFS Supply Inc. leased 2,400 square feet of industrial space at 5545 W. Raymond St. The tenant was represented by Jake Sturman of Jones Lang LaSalle. The landlord, Iron Point, was represented by Bryan Poynter of Cassidy Turley.
-Zico LLC leased 1,500 square feet of industrial space at 8444 W. Castlewood Drive. The tenant was represented by Grant Lindley of Cassidy Turley. The landlord, Mann Properties, was represented by Debbie Mann of Mann Properties.
$225M Westfield project in works
Developer Steve Henke’s vision for Grand Park Village is grand: a 20-acre lake surrounded by an East Coast-style boardwalk lined with restaurants and shops. He sees a carousel at one end of the lake and a Ferris wheel at the other—with a beach, mini marina and watering hole in between.
HETRICK: In Pendleton, living the good life on the edge of an edge city
If Carmel epitomizes edge city in central Indiana, then I’m now living on the edge of the edge.
Denver-based firm laps up BlueMile running chain
BlueMile, a local six-store running specialty chain, has been acquired by a group that includes Indianapolis-based sports goliath The Finish Line Inc. The deal is expected to speed BlueMile’s expansion.
Kennedy partners with Olympic runner to buy shoe chain
Indiana running icon Bob Kennedy believes Movin Shoes Inc. has great potential for growth. Its California location doesn't violate Kennedy's non-compete agreement with Indiana’s BlueMile chain.
St. Vincent sports practice to fill vacant Clay Terrace big box
St. Vincent Sports Performance will occupy a building in Clay Terrace originally occupied by Circuit City.
Forecast: Cash to reign in health care
With premiums for health insurance likely to head north next year as President Obama’s health care reform law fully takes effect, both individuals and employers will pay for more health care out of their own funds and buy less insurance.
Friday fun: Master gardeners dig annual sale
Dirt has been flying throughout Hamilton County as hundreds of master gardeners prepare for their annual sale. The green thumbs produced more than 12,000 plants to raise money for scholarships and other programs.
Greenwood, Whiteland try to spur, shape growth
Two Johnson County communities are determined to capture—and control—the next wave of suburban growth.
Leases/leasing contracts
-The Hartford renewed its lease for 43,086 square feet at 501 Pennsylvania Parkway. The tenant was represented by Denice Michel and Michael Corr of Jones Lang LaSalle. The landlord, MCP Partners Three LLC, was represented by John Robinson and Adam Broderick of Jones Lang LaSalle.
-Blackbaud leased 34,555 square feet at 501 Pennsylvania Parkway. The tenant was represented by Denice Michel and Graham Summers of Jones Lang LaSalle. The landlord, MCP Partners Three LLC, was represented by Adam Broderick of Jones Lang LaSalle.
-Kinetico Inc. leased 12,120 square feet of space at 8828 Corporation Drive. The tenant was represented by Mike Napariu of REI Real Estate Services. The landlord, Westminster Northeast LLC, was represented by Todd Vannatta and Bryan Miller of Cassidy Turley.
-Greeley and Hansen leased 7,668 square feet at 7820 Innovation Blvd. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, AIT, was represented by Adam Seger of Duke Realty.
-Exclusive Limousine Co. Inc. leased 6,400 square feet of industrial space at 9770 Mayflower Park Drive, Carmel. The landlord, Wright Jackson Enterprises LLP, was represented by Todd Vannatta of Cassidy Turley. The tenant represented itself.
-Extreme Vehicle Design renewed its lease for 5,400 square feet of industrial space in Stony Creek Business Park, 15240 Herriman Blvd., Noblesville. The tenant and landlord, Herriman & Keeler, were represented by Herb Feldmann of Lee & Associates.
-Integrated Distribution leased 2,880 square feet of industrial space at 1761 N. Sherman Drive. The landlord, Brookside Industrial Park LLC, was represented by Fritz Kauffman and Michael Weishaar of Cassidy Turley. The tenant represented itself.-LifeServices EAP leased 2,258 square feet of office space at 303 N. Alabama St. The landlord, DH Realty LLC, was represented by Jon Owens and Russell Van Til of Cassidy Turley. The tenant represented itself.
-Cell Phone Repair franchisee Russell "Rusty" Kimmerly leased 2,158 square feet at Greenwood Plaza Shopping Center, 1280 U.S. 31 N., Greenwood. The tenant was represented by William G. Wilson of Paragon Realty LLC. The landlord, Jones Family Investments LLC, was represented by Bridget Clanton of MQ Partners.
-Brogden Law Firm LLC leased 1,910 square feet of office space at 8440 Woodfield Crossing. The tenant was represented by Tim Hull of CBRE. The landlord, LNR Partners LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.
-Indiana National Guard leased 1,846 square feet at Rockville Station, 967 E. U.S. 36, Avon. The landlords, Rockville Station LLC and Valley View Rockville Station, were represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Cell Phone Repair franchisee Terry Blake leased 1,230 square feet at Heartland Landing, 10302 Prosperity Circle, Camby. The tenant was represented by William G. Wilson of Paragon Realty LLC. The landlord, Heartland Landing II, was represented by Jeff Hubley of Midland Atlantic.