CNO Financial looking to refinance bank loans
The Carmel-based life and health insurer says it has started discussions with a group of lenders about refinancing $652.1 million in debt.
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Leasing/leasing contracts
-The Indiana Department of Revenue renewed its lease for 50,200 square feet of industrial space at 5252 Decatur Blvd. The landlord, ProLogis, was represented by Luke Wessel of Cassidy Turley. The tenant represented itself.
-Davis Wholesale Supply Co. renewed its lease for 25,600 square feet of industrial space at 5845 W. 82nd St. in Park 100. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, ProLogis, was represented by Andrea Hopper of ProLogis.
-D’Amore, a division of Thomas Caterers of Distinction, subleased 15,231 square feet on the 48th floor of Chase Tower, 1 E. Ohio St. The tenant was represented by Debbie Shumate of Alliance Commercial Real Estate. The landlord, JP Morgan Chase, was represented by Nick Arterburn of CB Richard Ellis.
-Sigma-Tau Pharmasource Inc. leased 13,750 square feet at 6815 Guion Road. The tenant and landlord, TCA 6815, were represented by J.D. Graves of CB Richard Ellis.
-The Indiana Private Industry Council leased 12,335 square feet at Parkstone III, 9002 Purdue Road. The tenant was represented by Tim O’Brien and David Ponader of Colliers International. The landlord, Parkstone Office Center LLC, was represented by Nick Svarczkopf and Dan Richardson of CB Richard Ellis.
-Product Development Corp. subleased 12,000 square feet at 5201 Park Emerson Drive, Suite N. The subtenant and sublandord, Wheel Pros LLC, were represented by J.D. Graves of CB Richard Ellis.-EMP Technology LLC leased 8,120 square feet at 15309 Stony Creek Way, Noblesville. The tenant was represented by Fritz Kauffman of Cassidy Turley. The landlord, Gulf Shores LLC, was represented by Chris Black of CB Richard Ellis.
-ZHU LAN sushi and prime rib buffet leased a freestanding 7,062-square-foot building at Merchants Point, 2293 E. 116th St., Carmel. The tenant was represented by Jun Liu of Carpenter Real Estate. The landlord, Darden Restaurants, was represented by Steve Delaney and Keith Fried of Sitehawk Retail Real Estate.
-Happy Hour Foot Spa leased 1,665 square feet at Willow Lake Shopping Center, 2658 Lake Circle Drive. The landlord, USRP Willow East LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Jet’s Pizza leased 1,651 square feet at Willow Lake Shopping Center, 2658 Lake Circle Drive. The tenant was represented by Kurt Meyer of Baseline Commercial Real Estate. The landlord, USRP Willow East LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.
-Rice Cooker leased 1,640 square feet at Willow Lake Shopping Center, 2658 Lake Circle Drive. The landlord, USRP Willow East LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
Construction
-Kort Builders has completed a 25,000-square-foot space for the Indiana Baseball Academy at 9760 Mayflower Park Drive, Carmel.
-Kort Builders has completed a 1,300-square-foot restaurant space for The Bakery at Geist at 8150 Oaklandon Road.
-Shamrock Builders-Commercial has started construction of a 3,000-square-foot office build-out for Morical's Castle Mortgage Corp. at 11501 Cumberland Drive, Fishers.
Palladium draws staff from Indy arts organizations, venues
Indianapolis Symphony, Clowes Hall are among those that have experienced defections.
Indiana medical students opt for specialties, not family practice
Interest in primary care has fallen off markedly due partly to relatively low pay.
Leases/leasing contracts
-Henry Schein leased 243,200 square feet of industrial space at 5645 W. 82nd St. in Park 100. The tenant was represented by Patrick Lindley of Cassidy Turley. The landlord, ProLogis, was represented by Luke Wessel of Cassidy Turley.
-nFrame leased 52,824 square feet at 701 Congressional Blvd., Carmel. The tenant was represented by Sam Smith and Yumi Prater of Colliers International. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.
-Culture Lighting Co. Inc. renewed its lease for 7,200 square feet at 5329 W. 86th St. The landlord, Forester Properties, was represented by Kyle Powell and Bryan Poynter of Cassidy Turley. The tenant represented itself.
-McAlister’s Deli leased 6,400 square feet at Allyne Park, 1011 N. State Road 135, Greenwood. The tenant was represented by Bill Talbott of The Talbott Group. The landlord, Allyne Park Dynasty, was represented by Liz Yoho of Providence Development.
-MCPC Indianapolis LLC leased 5,711 square feet in the Carmel Technology Center, Building 2, 12336 Hancock St., Carmel. The tenant was represented by Brian Buschuk of Jones Lang LaSalle. The landlord, ATAPCO Carmel Inc., was represented by John Vandenbark and Dan Richardson of CB Richard Ellis.
-Indianapolis Osteopathic Hospital Inc. leased 4,244 square feet at 3750 Guion Road. The tenant was represented by Brian Meeks and Jon Owens of Cassidy Turley. The landlord, Hoosier Motor Mutual Insurance, was represented by Nick Svarczkopf and John Vandenbark of CB Richard Ellis.
-MS Consultants leased 3,627 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Svarczkopf and Dan Richardson of CB Richard Ellis. The landlord, Keystone Investors LLC, was represented by Abby Cooper and John Robinson of Jones Lang LaSalle.
-Freight Masters leased 3,192 square feet at 2629 Waterfront Parkway, East Drive. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
-Safe Sitters leased 2,281 square feet at 8604 Allisonville Road. The tenant was represented by MaryBeth Kohart of Cassidy Turley. The landlord, Castle Creek Office LLC., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Utili-Comm South Inc. renewed its lease for 1,550 square feet of industrial space in Greenwood Oaks Business Centre, 500 S. Polk St, Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-Meridian Group leased 976 square feet at 8604 Allisonville Road. The landlord, Castle Creek Office LLC, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc. The tenant represented itself.
Hamilton County foundation president leaving
Legacy Fund President Brad Little is stepping down to take a similar job in Iowa. In three years, the foundation serving Hamilton County has grown from $25 million to $40 million in assets.
Man gets 40-year sentence for lawmaker attack
A man found guilty but mentally ill for an attack on Indiana state Rep. Ed. DeLaney was sentenced to 40 years in prison Thursday.
Turkey Hill chain targets Indianapolis
A convenience-store chain called Turkey Hill Minit Markets is expanding into central Indiana. The chain opened its first Indianapolis store in October and plans to add at least five more by the end of 2011.
Running store chain changes name, opens new shop
The Running Co., now BlueMile, expands into Louisville, looks to add more stores in and outside Indiana
Towing firm part of Carmel drug bust
Three men have been arrested after a 10-month police investigation into a marijuana-trafficking ring that allegedly operated from a Carmel business. Daniel Vasquez, 45, co-owner of All American Towing & Recovery, has been charged with tax evasion and money laundering. Stephen “Aaron” Strong, 37, was charged with dealing and possession of marijuana, tax evasion and money laundering. Jesse Randle, 25, was charged with dealing and possession of marijuana. Investigators say several pounds of marijuana were seized during the investigation.
Fiat dealerships rolling back to metro area
After a three-decade absence from the market, Fiat is coming back to the Indianapolis area with new dealerships in Carmel and Greenwood.
KAR plans to add 249 jobs in Carmel expansion
KAR Auction Services Inc. announced Monday night that it plans to expand its Carmel headquarters, creating up to 249 jobs by 2015.
Leasing/leasing contracts
-Compass Group USA Inc. leased 20,160 square feet of industrial space at 2610 E. Fortune Circle. The tenant was represented by Kyle Powell and Don Treibic of Cassidy Turley. The landlord, Blue Real Estate, was represented by Jake Sturman and Brian Buschuk of Jones Lang LaSalle.
-DuCharme McMillen & Associates Inc. leased 17,499 square feet of office space at Allison Pointe, 8440 Allison Pointe Blvd. The tenant was represented by Steve Beals of Lee & Associates. The landlord, TIC Properties Management LLC, was represented by Bryan Miller of Cassidy Turley.
-Girls Scouts leased 15,713 square feet at 2611 Waterfront Parkway, East Drive. The tenant was represented by Rebecca Baer of Summit Realty Group. The landlord, New Boston Jacaranda L.P., was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.
-Dreamscape Landscaping leased 7,200 square feet of industrial space at 4021 W. 10th St. The landlord, Speedway Industrial Park, was represented by Bill Byram of Cassidy Turley. The tenant represented itself.
-The Indianapolis affiliate of the Susan G. Komen Breast Cancer Foundation Inc. leased 3,321 square feet of office space at 3500 DePauw Blvd. The tenant was represented by Mary Beth Kohart of Cassidy Turley. The landlord, CP Pyramids Associates LP, was represented by David A. Moore, Darrin L. Boyd and Bennett M. Williams of Cassidy Turley.
-Formstack Inc. leased 3,245 square feet of office space at 6525 E. 82nd St. The tenant was represented by Todd Morris of JTM Commercial. The landlord, BREOF Castleton Park REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley.
-Hunt Big Sales leased 3,186 square feet of office space at 10150 Lantern Road, Fishers. The tenant was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The landlord, Genesis Development Group LLC, was represented by Paul Dick of Colliers International.
-New Balance Shoe Store leased 3,147 square feet of retail space at West Carmel Marketplace, 9893 N. Michigan Road. The tenant, Brad Stout, was represented by Tom Megenhardt of Thomas K. Megenhardt Commercial Real Estate. The landlord, CASTO, was represented by John Byrne and Jacque Haynes of Cassidy Turley.
-Wellspring Counseling & Consulting Resources LLC leased 1,515 square feet of office space at 3091 E. 91st St. The landlord, BREOF Keystone REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy Turley. The tenant represented itself.
-ASI Inc. leased 1,000 square feet in Greenwood Oaks Business Centre, 500 S. Polk St, Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
-Indy Intervention renewed its lease for 800 square feet of office space in Greenwood Oaks Business Centre, 500 S. Polk St, Greenwood. The tenant and landlord, Greenwood Oaks Investments LLC, were represented by Cathy Richards of Lee & Associates.
Armed man robs north-side gas station
Indianapolis and Carmel police are searching for an armed man who robbed a gas station about 3:30 a.m. Friday at 96th Street and Keystone Avenue on the north side. Police said the suspect was wearing black from head to toe when he entered the Marathon station with a gun and demanded money from both cash registers before running away. Police estimate he took about $600.
LOU’S VIEW: Getting it just right isn’t easy
This week, I felt a little like Goldilocks visiting the bear cottage—only in my search of things that were just right, I found everything to be too something or other.
ChaCha approaches web-traffic milestone
Traffic to the site hit a record high of 18.5 million unique visitors in October, making it the fastest-growing in Quantcast’s top 100 websites.