Illinois lawmakers renew efforts to keep CME Group
Illinois lawmakers have reportedly reached a deal on a package of bills designed to prevent financial giant CME Group Inc. from fleeing to Indiana or another state.
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Articles
GOP brass opts not to battle townships
Republican leaders in the General Assembly who have backed local government reform will trade ambitious proposals they’ve pursued in years past for more moderate—and widely accepted—ideas in the next legislative session.
Midwest ISO announces $6.5B in electric grid improvements
The Carmel-based not-for-profit’s long-term plan recommends 215 new transmission infrastructure projects to improve reliability of its electric grid.
Carmel’s Center for Performing Arts trims staff
The Center for the Performing Arts in Carmel eliminated five positions this week as interim CEO Frank Basile tries to rein in costs at the financially challenged organization that oversees the Palladium.
Also this week
Guns N’ Roses play Conseco Fieldhouse Dec. 8. Details here.
The Chris Isaak Holiday Show comes to the Palladium for a concert of hits and holiday tunes Dec. 9. Details here.
The Central Indiana Dance Ensemble performs “The Nutcracker” Dec. 9-11 at the Zionsville Performing Arts Center. Details here.
Gregory Hancock Dance Theatre performs its “Nutcracker” Dec. 9-11 at the Pike Performing Arts Center. Details here.
From Dec. 7-22, the juried “Undergraduate Exhibition” at the Herron Gallery affords an opportunity to see work by the next generation of artists. Details here.
The Butler Chorale and University Choir offer their annual, free, “Rejoice!” concert Dec. 9. Details here.
Soprano Angela Brown joins the Carmel Symphony Orchestra for a holiday concert Dec. 10 at the Palladium. Details here.
Phil Van Hest (aka Phil the Void) offers the December edition of his live talk show “Funny About That,” Dec. 14 at the IndyFringe Theatre. Details here.
Q&A
Carmel resident David Wasilewski has launched WhatNext, a website that uses algorithms to make it easier for cancer patients to connect with others in similar circumstances. Wasilewski, 39, spent eight years as chief operating officer of the Spanx line of body shapers and did health care consulting before that. In addition to helping patients, he thinks WhatNext can become a way for health care organizations share their expertise with patients in need.
Carmel also likely competing for CME Group
A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange’s description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
Land gift preserves 40 acres in Indianapolis suburbs
The donation to the Central Indiana Land Trust comes from farmer Van Eller, who lived most of his life on the land now surrounded by Fishers and Carmel subdivisions before he died last year at age 89.
2011 CFO OF THE YEAR: Nancy Carlson
Nancy Carlson, vice president and CFO of Music for All Inc., is a finalist in the not-for-profit category.
East-side Reebok plant flourishes despite NFL contract loss
The Reebok-Adidas plant on Indianapolis’ east side, faced with losing an estimated 60 percent of its business when its National Football League contract expires early next year, has done what no one would expect: Add employees.
IU Health reports most serious medical errors
Indiana’s largest and busiest medical system committed 19 preventable errors last year at its hospitals in Indianapolis and other cities, three fewer than in 2009, according to a report released Monday.
Leases/leasing contracts
-Fillpoint LLC leased 51,200 square feet at Park 100, 5845 W. 82nd St. The tenant was represented by Tom Cooler of CBRE. The landlord, Prologis, represented itself.
-King Systems Storage leased 12,900 square feet in Northparke One in Saxony, 14425 Bergen Blvd., Noblesville. The tenant was represented by Andrew Morris of Summit Realty Group. The landlord, First Industrial Realty Trust Inc., represented itself.
-Security Equipment Supply renewed its lease of 4,800 square feet of office space in Park Castlewood, 8455 Castlewood Drive. The tenant and landlord, KHK Investments LLC, were represented by Spero Pulos of Lee & Associates.-Graphicon renewed its lease of 4,039 square feet of office space in Park Castlewood, 8459 Castlewood Drive. The tenant and landlord, KHK Investments LLC, were represented by Spero Pulos of Lee & Associates.
-Integrity Flight Academy leased 4,000 square feet of industrial flex space at 5301 Commerce Circle. The tenant was represented by Robert J. Lane of Carpenter Commercial Associates. The landlord, Midwest Systems, was represented by Brenda Richards of Carpenter Commercial Associates.
-Periculum Capital Co. leased 3,769 square feet in the James Building, Four Center Green, Carmel. The tenant was represented by Douglas E. Jones, an independent broker. The landlord, Carmel City Center Community Development Corp., was represented by Mike Napariu of REI Real Estate Services LLC.
-DPS leased 3,564 square feet in the James Building, Four Center Green, Carmel. The tenant was represented by Darrell Pike of Pike Real Estate Services. The landlord, Carmel City Center Community Development Corp., was represented by Mike Napariu of REI Real Estate Services LLC.
-Academy Mortgage leased 3,100 square feet at 1624 W. Smith Valley Road, Suite B, Greenwood. The tenant and landlord, Tom Ray Builder Inc., were represented by Brenda Richards and Robert J. Lane of Carpenter Commercial Associates.
-Vortek Surgical leased 2,250 square feet of office space in Park Castlewood 8455 Castlewood Drive. The tenant was represented by Keith Dedrick of Corporate Commercial Group. The landlord, KHK Investments LLC, was represented by Spero Pulos of Lee & Associates.
-Icon Equity Partners LLC leased 1,719 square feet at 11590 N. Meridian St., Carmel. The landlord, Fidelity Office Building II LP, was represented by Mike Napariu of REI Real Estate Services LLC. The tenant represented itself.-7th Sky Hair and Nail Salon leased 1,600 square feet of retail space at Uptown Center, 9520 Uptown Drive. The landlord, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
-Ocularis leased 1,600 square feet of retail space in Winthrop Commons, 5345 N. Winthrop Ave. The landlord, Crum Realty, was represented by Ron Mannon and Scott Herider of Lee & Associates. The tenant represented itself.
-Noble Roman’s leased 1,260 square feet of retail space at Zionsville Station, 78 Brendon Way, Zionsville. The owner, KLC Realty LLC, was represented by Greg Smith and Joe Tarpey of Colliers International. The tenant represented itself.
-Edward Jones leased 1,200 square feet of retail space in Lebanon Crossing,1377 S. Lebanon St., Lebanon. The tenant was represented by David Ellis of Fenway Group. The landlord, Lebanon 39 LLC, was represented by Robyn Smart of Lee & Associates.
Sales/acquisitions
-Carmel Pointe LLC bought Meijer Shops of Carmel, a 10,608-square-foot retail property at 1430 W. Carmel Drive, for $3.25 million. The buyer and seller, Terre Carmel East LLC, were both represented by Jordan Klink and Kahlil Barnard of Marcus & Millichap Real Estate Investment Services.
-ALDI purchased 2.6 acres of retail land at 2382 E. Main St., Plainfield. The price wasn’t disclosed. The buyer was represented by Jim Abel of Lee & Associates. The seller, Galyan Enterprises LLC, was represented by Tim Norton and Jeff Merritt of Summit Realty Group.
Health insurers push comparison shopping
Indianapolis-based Anthem Blue Cross and Blue Shield and Minnesota-based UnitedHealthcare say they’re responding to demands from employers, who are desperate to rein in spiraling health benefits costs and have begun embracing the idea that to do so they must change their workers’ approach to health and health care.
First Financial aims to use Flagstar deal as springboard
A deal scheduled to close next month will give Cincinnati-based First Financial Bancorp the foothold it has long sought to build a major presence in the Indianapolis market.