Developer George P. Broadbent sold The Broadbent Co. to his wife for $50,000 in March 2010 as he faced a barrage of lawsuits threatening his control over the real estate company he co-founded in 1972. He has also transferred several properties to her.
The latest of at least five suits filed since early last year involves Columbus, Ohio-based SZD Whiteboard, a consulting firm the company used to identify acquisition targets.
The number of people applying for unemployment benefits fell last week to the lowest level in seven weeks, although applications remain elevated.
Jim Prieur will retire as CEO of CNO Financial Group Inc. on Sept. 30 and will replaced by the company’s chief financial officer, Ed Bonach, the company announced Wednesday.
Health insurer WellPoint Inc. will pay $100,000 and take other steps after admitting it waited months to notify 32,000 Indiana customers that their Social Security numbers, health records and other personal information might have been exposed online.
-OHL, a third-party logistics provider, leased 405,492 square feet at 281 Airtech Parkway, Plainfield. The tenant was represented by Steve Schwegman, Jake Sturman and Brian Seitz of Jones Lang LaSalle and Randy Wolcott, Doug McDowell and Jess Andrews of ProVenture. Jones Lang LaSalle also represented the landlord/owner, Prologis.
-Monkey Joe’s leased 17,522 square feet at Southport Commons, 4650 Southport Road. The tenant was represented by Tom and Connie Niessink of Niessink Commercial. The landlord, Southport Commons, was represented by Tom English and Larry Davis of Sitehawk Retail Real Estate.
-Premier HealthTel, a subsidiary of SeKayi Holdings, leased 8,472 square feet of office space at 4030 Vincennes Road. The tenant and landlord, Coastal Partners, were represented by Tom Hadley and Matt Waggoner of Summit Realty Group.
-Legacy Ventures Inc. leased 5,400 square feet of industrial flex space at 5705 W. 85th St. The tenant was represented by Rob Christman of Bridge Real Estate Advisors Inc. The landlord, BRE/US Industrial Properties LLC, was represented by Jason Speckman of Summit Realty Group.
-SynCare LLC, a subsidiary of SeKayi Holdings, leased 4,947 square feet of office space at 4030 Vincennes Road. The tenant and landlord, Coastal Partners, were represented by Tom Hadley and Matt Waggoner of Summit Realty Group.
-Harland Financial leased 4,821 square feet of office space at 12800 N. Meridian St., Carmel. The tenant was represented by Matt Waggoner and Jon Jessup of Summit Realty Group. The landlord, Duke Realty Corp., represented itself.
-Alfred Angelo Bridal leased 3,817 square feet at Castleton Square Mall, 6020 E 82nd St. The tenant was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate and TedGarrity of CresaPartners. The landlord, Simon Property Group, was represented by Jamie Christman of Simon.
-Bright Now! Dental leased 3,410 square feet at Avon Commons, 10439 U.S. Highway 36, Avon. The tenant was represented by Daniel Clark of Goodman Real Estate Services Group LLC. The landlord, Avon Commons Shopping Center, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-American Academy of Osteopathy leased 3,378 square feet of office space at 3500 DePauw Blvd. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Sterling American Properties, was represented by Dave Moore, Darrin Boyd and Bennett Williams of Cassidy Turley.
-SalonCentric leased 2,800 square feet at Washington Corner, 9966 E. Washington St. The tenant was represented by Larry Davis of Sitehawk Retail Real Estate and Jim Foran of Atlantic Real Estate Services. The landlord, Washington Corner LP, was represented by Jeff Roberts of The Broadbent Co.
-Bicycle Exchange leased 1,400 square feet of retail space in Winthrop Commons, 5345 N. Winthrop Ave. The landlord, North Winthrop Commons, was represented by Ron Mannon and Scott Herider of Lee & Associates. The tenant represented itself.
As efforts drag on to study and fund a commuter rail system using the former Nickel Plate rail line, the group now using the 37-mile corridor to run excursion trains in Hamilton County and to the Indiana State Fair is looking at running its trains farther south—to downtown.
In a monthly feature that runs in the first issue of the month, through October, IBJ is identifying influential players in eight different industry categories. This month, our list draws from among the city’s finest legal minds in education, public-sector law, the judicial system and the broad swath of attorneys practicing solo and in firms of all sizes.
Carolyn Mosby brings a wealth of experience to the Indiana Minority Supplier Development Council, which she hopes to lead to the next level of success.
Marsh Supermarkets has hired grocery executive David C. Siegel to the new position of senior vice president of merchandising and marketing strategic initiatives. He follows new CEO Joseph M. Kelley from Price Chopper in New York.
Help with physician recruitment is a big factor pushing small-city hospitals into the arms of Indianapolis’ four major hospital systems. So how do the big boys entice doctors to the small towns?
Tomisue Hilbert quietly settled a 3-year-old lawsuit last month over whether a controversial life insurance policy issued in 2006 on her mother, Suzy Tomlinson, was valid, and whether the beneficiary of the policy, J.B. Carlson, committed fraud.
The number of people who applied for unemployment benefits last week rose by the most in a month, signaling growing weakness in the job market.
One person was injured Wednesday morning following a seven-car, chain-reaction accident in Fishers at State Road 37 near 126th Street. Initial reports said the southbound lane of SR 37 was shut down temporarily. The area is plagued by heavy rush-hour traffic.
-PPG Aerospace renewed its lease for 35,346 square feet of industrial space in Corporate Center North II, 6022 Corporate Way. The tenant was represented by Stan Elser and Jim Karozos of Lee & Associates. The landlord, CalEast Industrial Investors, was represented by Bryan Poynter of Cassidy Turley.
-Harvest Bible Chapel of North Indianapolis leased 11,500 square feet of office space at 9675 E. 148th St., Noblesville. The tenant was represented by Paul Dick and Kevin Dick of Colliers International. The landlord, Brittany Properties LLC, was represented by Brad Williams and John Demaree of Summit Realty Group.
-Dollar Tree leased 9,100 square feet at Stones Crossing Shopping Center, 2800 S. State Road 135, Greenwood. The tenant was represented by Dawn Lyon of Sitelink Commercial Realty. The landlord, TKC Properties LLC, was represented by Wayne O’Hara of Sitehawk Retail Real Estate.
-Center for Diagnostic Imaging-CDI Radiology leased 7,149 square feet at Indiana American Office Park-Building 3, 521 E. County Line Road, Greenwood. The tenant was represented by Tim Norton of Summit Realty Group. The landlord, Indiana-American Associates LLC, was represented by Jeff Merritt of Summit Realty Group.
-Tesco leased 6,300 square feet at Park 100-Building 105, 5720-80 W. 71st St. The tenant was represented by J.D. Graves of CB Richard Ellis. The landlord, Blue Real Estate, was represented by Alex Cantu and Jason Speckman of Summit Realty Group.
-Rheem Sales Company Inc. leased 5,494 square feet in Crosspoint One, 9855 Crosspoint Blvd., Fishers. The tenant was represented by Tom Ferguson of Premier Commercial Real Estate Services. The landlord, LIT Industrial Limited Partnership, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley.
-Kiddieville Daycare Ministries leased 5,100 square feet at 4444 W. 10th St. in Speedway Industrial Park. The landlord, Speedway Industrial Park LP, was represented by Bill Bryam of Cassidy Turley. The tenant represented itself.
-BP Canada Energy Marketing Corp. renewed its 3,566-square-foot lease at Meridian Parke North, 373 Meridian Parke Lane, Greenwood. The tenant was represented by Graham Summers of Jones Lang LaSalle. The landlord, AAAG LLC, was represented by Tim Norton and Jeff Merritt of Summit Realty Group.
-Advanced Physical Therapy leased 2,857 square feet of medical office space at 1642 S. Olive Branch Park Lane, Greenwood. The tenant was represented by John Crisp of Cassidy Turley. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International.
-University Lending Group LLC leased 2,350 square feet of office space at 11988 Fishers Crossing, Fishers. The landlord, RB Partners, was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.
-Silver Creek Management LLC leased 1,500 square feet of medical office space in the Decatur Depot retail center at 5021 Kentucky Ave. The tenant was represented by Ryan Conrad of Colliers International. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International.
-Apollo North America Inc. leased 1,203 square feet of office space in Carmel Office Court, 301 E. Carmel Drive, Carmel. The landlord, Finsilver Friedman Management Corp., was represented by Paul Dick and Kevin Dick of Colliers International. The tenant represented itself.
Bloomington police came up empty Sunday during a search of land near the Monroe-Morgan county line after receiving a tip in the case of missing Indiana University student Lauren Spierer. Investigators said they received a tip Sunday about a suspicious smell in wooded areas just south of Martinsville and north of Bloomington near State Road 37. Spierer, 20, disappeared the morning of June 3.
Merchants’ Square shopping center, built in 1970 as the enclosed Keystone Square Mall and redeveloped into an open-air center and renamed in the mid-1990s, is riddled with vacancies and bracing for another high-profile departure, despite its prime location.
E.ON Climate & Renewables North America is planning some 75 wind turbines as part of Madison County’s first commercial wind farm, one that could temporarily employ 150 construction workers and bring a dozen permanent jobs.
Some analysts say investors overreacted to the risk Brightpoint would lose T-Mobile as a customer. Merriman Capital's Scott Searle estimates the earnings impact from losing that client would be “dramatically less than investors originally feared” and “is more than adequately reflected in the stock price.”
