Banks’ market rankings stable despite deposit shifts
BMO Harris and PNC lost some deposits, but the biggest local banks by market share remained the same.
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Articles
DINING: Clay Terrace turnover brings biggie from Illinois
Third in a month-long series of reviews of possessive restaurants.
M&I-BMO Harris changeover leaves some customers in lurch
BMO Harris Bank’s expansion in Indianapolis and other markets via its acquisition of M&I Bank is off to a rocky start as many customers still are unable to access their online banking accounts.
People in the news
People listings are free. Information must be submitted at least 11 days before the Monday issue in which it is to appear. Publication of information might be delayed due to space limitations. To submit information and photos online go to www.ibj.com and use the People submissions form. Photos may be sent as jpegs, 300 dpi […]
Construction
-Kort Builders has completed a 2,400-square-foot retail space for Massage Envy at 2683 E. Main St., Suite 112, Plainfield.
-Kort Builders has completed an 800-square-foot office remodel for Midwest Fertility Clinic at 12188A N. Meridian St., Suite 250, Carmel.
People
Sam Odle, a former longtime executive of Methodist Hospital and Indiana University Health, is joining the Indianapolis-based lobbying firm Bose Public Affairs Group LLC. As a senior policy adviser, Odle will work mostly with clients in the health care and life sciences industries. Odle, 63, most recently served as chief operating officer at IU Health and CEO of Methodist and University hospitals before retiring in July. Replacing Odle as the head of Methodist and University hospitals will be Jim Terwilliger. He joined IU Health in June 2011 as vice president for cancer services after serving as executive vice president for the University of Pittsburgh Medical Center Cancer Centers in Pittsburgh.
Dr. Esther Adade, a family physician, has joined Community Physician Network in Greenwood. She received a bachelor of science degree in biochemistry from the University of California and completed her medical degree at the University of Wisconsin School of Medicine and Public Health.
Dr. Neal Ipema, an OB/GYN physician, has joined Community Physician Network on the south side of Indianapolis. He received his medical degree at Loyola Stritch School of Medicine in Chicago.
Dr. Kalen Miskel, an internist, has joined Community Physician Network in Carmel. She did her medical training at the University of Maryland School of Medicine in Baltimore.
Dr. Jennifer Walker, a pediatrician, has joined Community Physician Network on the east side of Indianapolis. She has a bachelor of science degree from the University of Notre Dame, a master of science in physiology and biophysics from Georgetown University, and a medical degree from George Washington University School of Medicine and Health Sciences in Washington, D.C.
Trista Stormer, a nurse practitioner for OB/GYN patients, has joined Community Physician Network on the south side of Indianapolis. She holds a bachelor’s degree in nursing from Purdue University and a master’s degree in nursing from the University of Indianapolis.
Mourdock, Donnelly spend $615,000 on new campaign ads
The Indiana Senate battle has quickly become the most expensive the state has seen. Spending by the campaigns has topped about $10 million, and outside groups also are pouring in cash.
TIF expert is adviser to many municipalities
Loren Matthes helped broker first tax-increment financing deal in the state
Citizens’ Westfield utility acquisition will help with broader system needs
The $91 million water and sewer deal is expected to improve water distribution between northeast and northwest suburbs.
Vote for change
The recession was not caused by George W. Bush. It was caused by liberal sub-prime mortgage practices at financial institutions, backed by government-sponsored Fannie Mae and Freddie Mac since 1993. The independent Federal Reserve System saved the banks, but in addition to foreclosures, millions of home values are now worth less than the mortgages owed.
New Alzheimer’s unit stresses soothing elements
The 36-room wing at Hoosier Village Retirement Center includes antiques and minimizes confusing shadows among other design elements.
Defender Direct acquires Williams Comfort Air
Home-security and satellite-dish installer Defender Direct Inc. has acquired local heating, cooling and plumbing powerhouse Williams Comfort Air, creating a home-services company with nearly 2,200 employees and $335 million in annual revenue.
Former IU Health exec joining Bose Public Affairs
Sam Odle, who retired from Indiana University Health in July as chief operating officer, is joining the local lobbying firm as a senior policy adviser, representing clients in the health care and life sciences sectors.
Leases/leasing contracts
-Connecticut Electric Inc. leased 33,500 square feet of industrial space at 1819 W 38th St., Anderson. The tenant and landlord, Duo Co., were represented by Thomas Willey of Willey Commercial Real Estate.
-Mini Blessings Childcare Ministry leased 12,000 square feet at Emerson Way Shopping Center, 5410 Emerson Way. The tenant was represented by Joe Lonneman of Ambrose Property Group. The landlord, Emerson Way LLC, was represented by Tracey Holtzman of Midland Atlantic Properties.
-Half Price Books leased 8,800 square feet at Clearwater Village, 4611-4737 E. 82nd St. The tenant was represented by Dawn Lyon of Site Link Commercial Realty. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.
-Horizon Bank leased 7,040 square feet of office space at 117 E. Washington Street, Indianapolis. The tenant was represented by John Crisp of Cassidy Turley. The landlord, The Broadbent Co., was represented by Josh Broadbent.
-Prime Lending leased 6,216 square feet of office space at 50 E. 91st St. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-Transition Resources Corp. leased 3,800 square feet of office space at 600 Corporation Drive, Pendleton. The tenant and landlord, Tower Pendleton LLC, were represented by Thomas Willey of Willey Commercial Real Estate.
-Accelerated Health Systems LLC leased 3,545 square feet at Raceway Crossing, 10934-10976 E. U.S. 36, Avon. The tenant was represented by Jonathan Sharp at HSA Commercial Real Estate. The landlord, Broadbent Co., was represented by Brian Broadbent.
-ATI Physical Therapy leased 3,305 square feet of retail space at 433 N. Capitol Ave. The tenant was represented by John Crisp of Cassidy Turley. The landlord, American United Life Insurance Co., was represented by Jacque Haynes and Don Williams of Cassidy Turley.
-Detour American Grille Express leased 3,200 square feet at Fashion Mall Commons, 8487 Union Chapel Road. The tenant was represented by Rob Warstler at Colliers International. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent.
-Bi Qin Shao leased 3,154 square feet at Pyramid Place Shoppes, 3502 W. 86th St. The tenant was represented by Jeff Hubley of Midland Atlantic Properties. The landlord, Centre Properties, was represented by Dean Almas of Sitehawk Retail Real Estate.
-Snap MyLife Indianapolis leased 2,917 square feet of office space at 8335 Allison Pointe Trail. The tenant was represented by David Black of Cresa Partners. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Get Real Sports Sales leased 2,695 square feet of office space at 550 Congressional Blvd., Carmel. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Trigild, was represented by Rich Forslund of Summit Realty Group.
-Fugi Foot Spa leased 2,400 square feet at Greenwood Place, 7551-7747 S. Shelby St. The tenant was represented by Itamar Cohen of Indiana Realty Group. The landlord, Broadbent Co., was represented by Josh Broadbent.
-MOD Salon leased 2,334 square feet at Clearwater Shoppes, 3809-3981 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.
-Boost Mobile leased 1,737 square feet at Georgetown Plaza, 4825-4959 W. 38th St. The landlord, Broadbent Co., was represented by Brian Broadbent. The tenant represented itself.
-Pyone Cho Asia Market leased 1,600 square feet of retail space in Greenbriar Shopping Center, 1321 W. 86th St. The landlord, Prime Property Investors Fund VIII LP, was represented by Bart Jackson of Lee & Associates. The tenant represented itself.
-Frame and Save leased 1,400 square feet at Castleton Point, 5305-5499 E. 82nd St. The landlord, Broadbent Co., was represented by John Beuoy of Broadbent. The tenant represented itself.
-Whisper Hearing Center leased 1,368 square feet of office space in Smith Valley Professional Center, 1700 W. Smith Valley Road, Greenwood. The tenant was represented by Stephen Adams and Riley Faulk of Hokanson Cos. The landlord, Smith Valley Investment LLC, was represented by Cathy Richards of Lee & Associates and Keith Turnbill of RE/MAX Select.
-Holy Family Books & Gifts leased 1,280 square feet at Carmel Walk Shopping Center, 1327 S. Rangeline Road, Carmel. The landlord, The Fineberg Group LLC, was represented by Patrick Boyle of Midland Atlantic Properties. The tenant represented itself.
PROXY CORNER: KAR Auction Services Inc.
KAR Auction Services Inc. is the holding company for ADESA Inc., which operates used-vehicle auctions at 68 locations, Insurance Auto Auctions Inc., which operates salvage auctions at 161 locations, and Automotive Finance Corp., which provides floorplan financing at 104 locations.
STORY: Health care rationing has already arrived
There will be health care rationing. The only question is who will do the rationing—the government, health care providers, or you and me. The odds are good there will be some rationing from all those sources
DINING: Now it’s Matt’s time
First in a month-long series of possessive restaurant reviews. This week: Matt The Miller’s Tavern
Big names competing for Butler project
Butler University is finalizing plans for a mixed-use parking garage project near Clowes Hall that would include neighborhood retail and housing and might cost as much as $45 million.