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8,771 results for 'Carmel'

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    Kurt Beier

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Articles

Leases/leasing contracts

October 3, 2011

-Kuehne + Nagel leased 126,420 square feet in Park Fletcher Building 38, 2840 Fortune Circle West. The tenant was represented by Mark Writt and Bayne Porter of CB Richard Ellis. The landlord, Duke Realty, was represented by Duke’s Glenn Davis.

-Thrifty Supply leased 28,000 square feet at East Main Street Shoppes, 1004 E. Main St., Brownsburg. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, Mark IV Co., represented itself.

-Tilted Kilt leased 8,000 square feet at 141 S. Meridian St. The tenant was represented by Ryan Murphy of SRS Real Estate. The landlord, SMC-Retail LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.

-Napa Auto Parts leased a 7,500-square-foot former Speedway Auto Parts at 2678 E. Main St., Plainfield. The landlord, Dorothy Turner, was represented by Tracey Holtzman of Midland Atlantic. The tenant represented itself.

-Formstack leased 5,206 square feet of office space at 8606 Allisonville Road. The tenant was represented by Kevin Gillihan and Graham Summers of Jones Lang LaSalle. The landlord, Castle Creek Office LLC, was represented by Brian Fitzgerald of Citimark Management Co.

-Associated Bank leased 5,102 square feet at 300 N. Meridian St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, University Park Associates LLC, was represented by Mike Napariu of REI Real Estate Services LLC.

-Bu Da Lounge leased 5,000 square feet at 148 E. Market St. The tenant was represented by Conrad Jacobs of Newmark Knight Frank Halakar. The landlord, Center Township Investments LLC, was represented by Gary Perel of Newmark Knight Frank Halakar.

-Grace Assembly of God renewed its lease for 5,000 square feet of retail space in South Greenwood Shoppes, 6001 N. U.S. 31, Whiteland. The tenant was represented by Bruce Richardson of Royal Cos. The landlord, HRCP Inc., was represented by Cathy Richards of Lee & Associates.

-The Flying Cupcake leased 4,000 square feet of retail space in Stewart Place, 831 S. Rangeline Road, Carmel. The tenant was represented by Bart Jackson and Scot Courtney of Lee & Associates. The landlord, TT Commercial One LLC, was represented by Susannah Gershman of Thompson Thrift.

-Laundry Bright leased 3,400 square feet at Hanna Shops, 3915 S. Madison Ave. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, RCS Holdings LLC, was represented by Jeff Merritt of Summit Realty Group.

-Soil and Materials Engineers Inc. leased 2,585 square feet of office space at 5847 W. 74th St. The tenant was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The landlord, Duke Realty, was represented by Kate Willen of Duke.  
 
-The Environmental Protection Agency leased 2,407 square feet of office space at 10 W. Market St. The landlord, MT Acquisitions LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

-FileWave USA Inc. leased 2,000 square feet of office space at 10711 Horse Creek Court. The landlord, Prairie View at Crosspoint LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley. The tenant represented itself.  
 
-Nail Spa leased 1,300 square feet at Carmel Walk, 1305-1327 Rangeline Road, Carmel. The landlord, The Fineberg Group, was represented by Pay Boyle of Midland Atlantic. The tenant represented itself.

Company news

October 3, 2011

Looks like Roche Diagnostics Corp. is finally getting clear of its troubles at the FDA. On Thursday, Switzerland-based Roche announced it won approval from the U.S. Food and Drug Administration for a new test strip that works with its Accu-Chek Aviva blood glucose monitors. Roche developed the new strip because its previous version of test strips used an enzyme that, in rare cases, could give a falsely high blood sugar reading. A falsely high reading, if acted upon with a correspondingly high dose of insulin, could be harmful or even fatal to some patients. The concerns of the FDA have kept Roche Diagnostics, which maintains its U.S. headquarters in Indianapolis, from getting new blood glucose monitor products approved in the United States, costing Roche market share here. For example, its Aviva Nano meter, which has sold well in Europe, has never hit the market in the United States. “This clearance is a significant milestone for our organization—one that will position us well for the clearance of other products in our pipeline," said Daniel O’Day, chief operating officer of Roche Diagnostics.

After trudging through nearly three years of soft demand, the Warsaw-based makers of orthopedic hip and knee implants—Zimmer, Biomet and DePuy—are unlikely to see a worldwide recovery before the end of 2012, according to a new report from Leerink Swann & Co. Analysts Rick Wise and Richard Newitter think the debt issues in Europe, the uncertain economy in the United States, and global economic pressures will lead many patients to continue to defer their hip or knee surgeries. “Looking out over the next 12-18 months, we are inclined to take a more cautious view regarding a possible growth rebound in large joint procedure volumes,” the analysts wrote. They predict a shrinkage in those surgeries in the third quarter of 0.2 percent and then modest fourth-quarter growth of 1.2 percent.

If this was meant to boost the stock price, it isn’t working. Since launching a $100 million share repurchase program in May, Carmel-based CNO Financial Group Inc. has purchased nearly 8.8 million common shares for a total of $55.7 million, the company announced last week. Also, for every dollar CNO spends buying its own stock, it also has to spend a dollar paying down its bank loans. But since the life and health insurer launched the repurchase program on May 16, CNO’s share price has fallen 29 percent, closing Friday at $5.41. Over the same time period, the broad Russell 3000 index has fallen 17 percent.

Burn treatment inspires Fifth Third’s $5M Wishard gift

September 29, 2011

Fifth Third Bank executive Kevin Hipskind's experience as a patient in the burn unit of Wishard Hospital played a role in a $5 million gift the Cincinnati-based bank is making for Wishard’s new Eskenazi Hospital, under construction at IUPUI.

EDITORIAL: Software Artistry a success story all can celebrate

September 29, 2011

The help-desk software maker spawned at least 15 tech startups here … and unleashed a torrent of investment capital and talent that continues to fuel a critical sector of the local economy.

Indiana Soccer Association moving to Westfield

September 29, 2011

The Indianapolis-based soccer association’s decision to move to Westfield’s Grand Park Sports Campus follows a similar announcement earlier this year by the Lids Indiana Bulls, a youth baseball organization.

Indianapolis tech firm BidPal receives $5.6M infusion

September 27, 2011

The investment from Allos Ventures in Carmel and MK Capital in Northbrook, Ill., will help the company expand into more cities. BidPal uses wireless handheld devices to automate charitable auction bidding.

Construction

September 26, 2011

-Capitol Construction Services has completed a full interior renovation of the Starbucks at 12465 N. Meridian St., Carmel.

-Capitol Construction Services has completed a 2,200-square-foot build-out for Hot Box Pizza at 2499 Futura Parkway, Plainfield.

City-County Councilor Nytes named library CEO

September 23, 2011

City-County Councilor Jackie Nytes was chosen as the next CEO of the Indianapolis-Marion County Public Library on Thursday night by the system's board of trustees.

Records – Sept. 26, 2011

September 22, 2011

Records listings from the Sept. 26, 2011, issue of IBJ.

Big ambitions for small planning firm

September 22, 2011

Eden Collaborative, the three-man company Adam Thies founded in 2004, is working to revitalize St. Clair Place on Indianapolis’ east side, among other projects.

LOU’S VIEWS: Urbanski renewal for Indianapolis Symphony

September 22, 2011

A new maestro sparks the ISO, plus thoughts on Indiana Repertory Theatre’s “Dracula” and Beef &Boards’ “Singin’ in the Rain.”

Tech firm interests youth in Web development

September 22, 2011

Bitwise Solutions offers program to teach middle-school and high school students how to develop websites.

Assumptions hurt Libman, others

September 22, 2011

When any president or CEO leaves, a review and audit are routinely done to reassure the organization that all was handled correctly and that there was no illegal behavior, so they can move forward with a new leader.

TAFT: More leverage needed from Water Co. sale

September 21, 2011

If these funds are completely spent on infrastructure repairs or even enhancing service programs by capitalizing a new endowment, we will miss an opportunity to attract a far greater investment in transforming our core city.

Ticket giveaway: Sandi Patty sings Broadway

September 21, 2011

Win tickets to her Palladium show…and her new CD.

Airport Authority picks local firms to develop 60-acre solar farm

September 21, 2011

The Indianapolis Airport Authority announced Tuesday that it has selected a joint venture of three locally based firms to develop a 60-acre solar farm on airport property.

Carmel council members OK benefits

September 20, 2011

Carmel City Council members on Monday night voted to give themselves health and life insurance benefits. The proposal passed 5-2. The plan will cost taxpayers about $20,000 per council member. Council members John Acceturo and Joe Griffiths voted against the measure.

Carmel-based company buys medical-billing firm

September 16, 2011

Zotec Partners, a fast-growing physician-billing management company based in Carmel, has acquired a family-owned medical-billing firm with 100 employees based in Florida.

Greenwood mayoral rivals run from big-spender label

September 15, 2011

Greenwood’s three mayoral candidates are distancing themselves from current Mayor Charles Henderson, who lost in the May primary in large part because of his unpopular proposals for adding amenities to the southern suburb designed to attract new businesses.

First Financial singled out as growing company in troubled industry

September 15, 2011

The bank that took over operations of failed Irwin Union Bank of Columbus two years ago recently announced the purchase of all 22 Flagstar Bank branches in Indiana.

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