Chinese PC giant to buy Carmel software firm Stoneware
Lenovo Group said the purchase of the 67-employee company would "enhance and expand" its cloud computing business.
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Leases/leasing contracts
-Phoenix Material Management Inc. leased a 234,000-square-foot industrial building at 800 Commerce Parkway, Greenwood. The tenant was represented by Rick Suja of Colliers International. The landlord, Greenwood Industrial LLC, was represented by Hobey Stuart of Cabot Properties.
-Appirio Inc. leased 12,517 square feet of office space at Pan Am Plaza, 201 S Capitol Ave The tenant was represented by Alex Cantu of Summit Realty Group. The landlord, Coastal Partners LLC, was represented by Bennett Williams of Cassidy Turley.
-Robert Half Inc. leased 7,377 square feet of office space at 135 N. Pennsylvania St. The tenant was represented by Chet Rao and Eric Steiner of UGL Equis. The landlord, True North Management Group LLC, was represented by Jon Owens and Russ Van Til of Cassidy Turley.
-Royal United Financial Services LLC leased 7,282 square feet of office space at 7999 Knue Road. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley.
-Celebrate Life Inc. leased 5,400 square feet of retail space at 730 Fry Road, Greenwood. The tenant and landlord, Fayman Trust, were represented by Mike Kensill of Lee & Associates.
-Bagger Dave’s Legendary Burger Tavern leased 4,875 square feet for a restaurant at Fortune Park Shoppes, 8840 N. Michigan Road. The tenant represented by Robyn Smart of Lee & Associates. The landlord, Urbahns Property Group, was represented by Scott Levinson of Urbahns.
-Altered Physique Fitness leased 3,168 square feet for a personal training fitness center at Fortune Park Shoppes, 8840 N. Michigan Road. The tenant was represented by Dan Baldini of Polaris Real Estate. The landlord, Urbahns Property Group, was represented by Scott Levinson of Urbahns.
-American Bank leased 2,944 square feet of office space at 8335 Allison Pointe Trail. The landlord, TIC Properties Management LLC, AMO, was represented by Bryan Miller of Cassidy Turley. The tenant represented itself.
-Timothy A. Goedde MD PC leased 2,390 square feet of office space at 7430 Shadeland Ave. The landlord, SNAG LLC, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.
-iSVR Associates leased 2,047 square feet for an Indian restaurant and catering operation at Fortune Park Shoppes, 8840 N. Michigan Road. The tenant was represented by Sathya Kattragadda of Century 21 Scheetz. The landlord, Urbahns Property Group, was represented by Scott Levinson of Urbahns.
-eLove Matchmaking 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.
-Magic Nails renewed its lease for 1,900 square feet of retail space in George Thomas Plaza, 1004 N. Shadeland Ave. The tenant and landlord, Ladywood Apartments LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Scott Spine Therapy leased 1,299 square feet of office space at 5750 E. 91st St. The tenant was represented by Andrew Martin of Cassidy Turley. The landlord, J.C. Partners LLC, was represented by Jack Clark of J.C. Partners LLC.
-Buckley & Associates LLC leased 1,214 square feet of office space in Brown Office Park, 9003 E. 17th St. The tenant and landlord, Arnold Brown MD PC, were represented by Cathy Richards and Mike Kensill of Lee & Associates.
-Fantastic Sams renewed its lease for 1,200 square feet of retail space in George Thomas Plaza, 1004 N. Shadeland Ave. The tenant and landlord, Ladywood Apartments LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.
-Cournoyer Counseling leased 1,099 square feet of office space at 70 E. 91st St. The tenant was represented by James Clark of Jones Lang LaSalle. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin and Bennett Williams of Cassidy Turley.
-Loving & Caring Home Inc. leased 780 square feet of office space at 6525 E. 82nd St. The landlord, NorthStar Realty Finance Corp., was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.
Students OK after Carmel bus crash
A Carmel Clay Schools bus was rear-ended by a sport-utility vehicle Monday morning near 141st Street and Shelbourne Road. The bus continued to Creekside Middle School after students onboard were evaluated for injuries. The driver of the SUV blamed fogged-up windows for the accident. The bus arrived about 20 minutes late.
People
Dr. Wafic ElMasri, a gynecologic oncologist, has been hired by Community Physician Network, a division of Indianapolis-based hospital system Community Health Network. ElMasri, a native of Beirut, Lebanon, did his medical training at the American University of the Caribbean School of Medicine. He previously held jobs as a professor in the OB/GYN department at Texas Tech University and as a research fellow at the National Cancer Institute. His office is in Castleton.
Dr. Peter Schilt, an ear, nose and throat specialist, also was hired by Community Physician Network. Schilt, a native of Carmel, did his medical training at the Indiana University School of Medicine. His office is in Noblesville.
Fort Wayne-based NoMoreClipboard hired Tom Penno as vice president of channel management, overseeing relationships with the company’s sales and distribution partners. NoMoreClipboard offers Web-based personal health record systems to patients and employers. Penno was most recently chief operating officer at the Indianapolis-based Indiana Health Information Exchange.
Dr. Timothy Shoemaker, an endocrinologist, has established a practice with Franciscan Physician Network Diabetes & Endocrinology Specialists in Indianapolis, which is part of the Franciscan St. Francis Health hospital system. Shoemaker earned his medical degree at the Indiana University School of Medicine.
Christine Liedtke, a psychologist, has joined the Carmel office of Aspire Indiana, which provides therapy, recovery and employment services to people with mental health disorders or addictions. She specializes in treating children and families. Liedtke graduated in 2009 from the American School of Professional Psychology at Argosy University in Washington, D.C.
Carmel council seeks oversight of redevelopment expenses
Carmel City Council members want further control of the redevelopment commission that carries out Mayor Jim Brainard’s vision for downtown, and Brainard said Friday morning that he won’t oppose the plan.
Greenwood shoots for upscale I-65 interchange
Greenwood’s leaders plan to be discriminating about what can be built near a new Interstate 65 interchange at Worthsville Road, slated for construction in 2014.
Feds to fund bus between Indianapolis, Plainfield businesses
The three-year service will take riders to Amazon, BrightPoint, Ryder and other big west-side employers.
TIF expert is adviser to many municipalities
Loren Matthes helped broker first tax-increment financing deal in the state
New rules open door to ads for private placements
In accordance with the Jumpstart Our Business Startups Act, the Securities and Exchange Commission will lift the long-standing ban on “general solicitation” of unregistered securities.
Local financial planner sentenced for identity theft
A former financial planner at the Indianapolis offices of Northwestern Mutual and One America-American United Life was sentenced Tuesday to two years in federal prison and three years of probation after pleading guilty to identity theft.
STYRING: Carmel no longer can afford Brainard
Four-term Carmel Mayor James Brainard has to be on a publicity-induced high. Keystone Parkway recently got a design award from a national transit engineering firm. Better still, Money named Carmel first on its list of America’s best small cities.
Sales/acquisitions
-J & J Investments I LLC bought 5.96 acres of retail land at 6106 Massachusetts Ave. The buyer was represented by Fabricio Perez of Equity Wealth Realty LLC. The seller, Empire TFI Indy Holdings LLC, was represented by Bob Lindgren and Ron Mannon of Lee & Associates
-TriVis Capital Partners bought 116th Street Centre, a 46,695-square-foot retail center with 3.32 acres of undeveloped land, at East 116th Street and Guilford Road, Carmel. The seller, LaSalle 115 Holdings LLC-Series 1, was represented by Kevin Broderick and Matt Gray of CBRE. The buyer represented itself.
Crooked Stick, Colts officials have reason to smile
While Crooked Stick and Colts officials have reason to be pleased after this weekend, they also have plenty to work on if they want to continue drawing big fan bases.
Carmel mom, son face drug charges
A Carmel mother and her son were arrested Wednesday on drug charges following a two-month investigation by the Hamilton/Boone County Drug Task Force. Dawn Fahey, 43, was charged with possession of a controlled substance, a Class D felony. Jonathon Fahey, 24, was charged with three counts of dealing in a controlled substance, a Class B felony. A search of the Fahey home, in the 100 block of York Drive, discovered suspected heroin, suboxone, hydrocodone and drug paraphernalia.
Symphony shrinking from greatness
The recent proposals [Sept. 3 IBJ] by the board of directors and the compliant management of the Indianapolis Symphony Orchestra to “save” it will only lead to its demise if implemented.
PGA’s top players face fierce finishing hole at Crooked Stick
We'll be seeing a lot of water-bounded, bunker-laden Hole No. 18 as pro golf's best players compete at Crooked Stick Golf Club in Carmel through Sunday. Legendary course designer Pete Dye describes what he had in mind.Weather threatens golf spectators
Practice rounds for the BMW Championship in Carmel were temporarily delayed Wednesday morning after thunderstorms threatened the area. Crooked Stick Golf Club was evacuated and spectators were asked to return to their vehicles. A severe thunderstorm watch has been issued until 6 p.m. in central Indiana.
CNO stock hits 4-year high on recapitalization strategy
Carmel-based insurer CNO Financial Group Inc. said Tuesday that it is seeking $950 million of loans and bonds to repay debt and reduce borrowing costs.
Company news
Franciscan Alliance, the hospital system based in Mishawaka, has established Franciscan Physician Network to unite the system’s growing number of employed doctors under one name. Franciscan Physician Network has more than 750 physicians at 260 practice locations. The rebranding changes the name of Franciscan’s 200 employed doctors in central Indiana, who went by the name St. Francis Medical Group. Franciscan Alliance operates three hospitals in central Indiana—in Indianapolis, Mooresville and now a short-stay hospital in Carmel. Other groups that are also part of the Franciscan Physician Network include Sigma Medical Group in West Central Indiana, the Woman’s Clinic, Lafayette OB/GYN and Premier Healthcare for Women in Lafayette, Athens Medical Group in Crawfordsville, and HealthPartners Medical Group, Medical Associates and Hammond Clinic in Northern Indiana.
An Indiana University study has found that what people studied in college had a direct effect on their chances of employment during the Great Recession. According to the Associated Press, people with degrees in health, education and biology/life sciences had the best chance of getting and holding a job from 2009 to 2010. Only one out of every 44 graduates in those fields found themselves unemployed, according to data analyzed by the Indiana Business Research Center at IU's Kelley School of Business. By contrast, one out of every 13 people with degrees in architecture, industrial arts, consumer services and engineering suffered unemployment in 2009 and 2010. The study used data from the Indiana Workforce Intelligence System to examine the employment history of 178,000 people living in Indiana who graduated from state public colleges and universities.
The Cancer Care Group in Indianapolis said a laptop computer bag containing private information on as many as 55,000 patients has been stolen. The bag was stolen from a Cancer Care Group employee's locked vehicle on July 19, the physician group said in a prepared statement. The Cancer Care Group, headquartered at 6100 W. 96th St., is one of the largest radiation oncology private physician practices in the country, with more than 20 oncologists. The bag also contained similar information about the group’s employees. The group said the bag has not been recovered, but there has been no evidence to suggest the information has been used. Patients and employees have been notified of the theft.
Family Physicians of Carmel, a three-doctor practice, has joined St. Vincent Medical Group. The new physicians joining St. Vincent are Dr. Daniel Crabb, Dr. Rhys Jones and Dr. Stephen Lang. Crabb and Lang earned their medical degrees from the Indiana University School of Medicine. Jones earned a degree from the University of Western Ontario Medical School of London in Ontario, Canada.