Estridge drops Westfield sports complex, still plans stadium
The Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development in Westfield.
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A&E PREVIEW: Dozens of events that should be high on your priority list
From Mary Poppins to Tyler Perry, and from Liza to the Leisure Kings, there’s a lot to fill up your A&E calendar. Get your planners out and start circling dates. Here are some of my early must-do front-runners.
Facebook, others try to cut in on ChaCha’s answer service
Tech entrepreneur Scott Jones says the accuracy of his company’s answers will set ChaCha apart from its social-media rivals.
Law firm says ex-Conseco director shorted it on fees
The last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
MERHOFF: Regionalism according to Yoda
How can we in central Indiana compete? We can build competitive regional clusters that provide what matters to businesses. An educated, affordable labor force. Dependable infrastructure. Quality-of-life amenities that appeal to today’s employees and tomorrow’s.
Eateries cash in on TV appearance
Owners of Edwards Drive In and Bub’s Burgers & Ice Cream say they’ve experienced a large uptick in business after being featured last month on the Travel Channel’s popular “Man v. Food” show. Now Indianapolis’ Flying Cupcake and West Coast Tacos are hoping for their time in the spotlight, too.
Actors Theatre of Indiana’s “Rounding Third”
Sept. 3-26
Carmel Community Playhouse at Clay TerraceYouth sports have a long history of bringing together parents who might otherwise never meet. That’s the foundational idea in Richard Dresser’s play, in which a tough-as-nails, blue collar coach finds himself at philosophical odds with his new assistant, a businessman with a let-the-kids-have-fun attitude. If it sounds like “The Odd Couple” on a baseball diamond, well, what would be so wrong with that?
The production comes courtesy of Actors Theatre of Indiana, the professional company set to move into the Center for the Performing Arts in Carmel next season. For now, it’s using the Clay Terrace digs of the Carmel Community Players. Details here.
New Jersey fines Carmel company over dangerous toy
Indiana Novelty International, which does business as Kipp Brothers, was ordered to pay a $54,300 fine and reimburse the state’s investigative costs.
Local economic espionage case full of intrigue
The government's allegations read like a spy novel: Dr. Ke-xue "John" Huang lands a job at Indianapolis-based Dow AgroSciences and over five years works himself into a position of trust, with access to trade secrets and processes the company has invested $300 million to develop.
Former Hilbert mansion draws local interest in auction
Sealed-bid auction attracts a half-dozen bids from interested owners that are “more centrally located than you might think,”
said the listing agent.New IU program lets students invest $100,000
Kelley School of Business Dean Dan Smith said a $100,000 donation from two IU alumni will provide a hands-on learning opportunity
for students.Leasing/leasing contracts
-Rugby IPD renewed its lease for 52,800 square feet of industrial space at 8200 Allison Ave. The tenant was represented by
J.D. Graves of Cassidy Turley. The landlord, ProLogis, was represented by Andrea Hopper of
ProLogis.-Green Wave Computer Recycling leased 19,200 square feet of industrial space at 9208 E. 33rd St. The tenant was represented
by J.D. Graves of Cassidy Turley. The landlord, Duke Realty, was represented by Kate Willen
of Duke.-Hill Fulwider McDowell Funk & Matthews Professional Corp. leased 9,951 square feet in the Regions Bank Tower. The tenant
was represented by Tom Hadley of Summit Realty Group. The landlord, One Indiana Square Associates, was represented
by Ralph Balber and Kelli Dugan of Halakar Real Estate.-Michael’s South Shore Restaurant leased 5,100 square feet at the Geist Centre Shopping Center, 11705 Fox Road. The
tenant was represented by Kyle Hughes of Veritas Realty LLC. The landlord, Geist Station LLC, was represented
by Matt Parsons of Phillips Edison & Co.-American Family Dental Group-Bloomington LLC leased 3,025 square feet of office space at 770 N. Green St., Brownsburg. The
tenant was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The landlord,
Six Cap LLC, was represented by Larry Harshman of Harshman Property Services LLC.-AD-IN Inc. leased 2,494 square feet of office space at 1980 E. 116th St., Carmel. The landlord, Stratford Center LLC, was
represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented
itself.-CIT Group leased 1,922 square feet in Castle Creek V, 5750 N. Castle Creek Parkway. The landlord, Blue Real Estate, was
represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners. The tenant represented
itself.-Zionsville Chiropractic and Rehabilitation Center LLC leased 1,592 square feet of office space at 8870 Zionsville Road.
The tenant was represented by Bennett M. Williams and Andrew D. Martin of Cassidy Turley.
The landlord, MDD Office Partners LLC, was represented by Joe Lonnemann and Matt Jackson
of Halakar Real Estate.-Med-Link Inc./Consolidated Brokerage Services LLC leased 1,463 square feet of office space at 3077 E. 98th St. The landlord,
BREOF Keystone REO LLC, was represented by David A. Moore and Darrin L. Boyd of Cassidy
Turley. The tenant represented itself.-Texano Grill leased 1,400 square feet at Shadeland Corner Shopping Center, 4558 N. Shadeland Ave. The tenant was represented
by Kelli Membrano of Libertad Real Estate. The landlord, Shadeland Center LLC, was represented by Keith
Kleinmaier of Retail Realty.-Berkley Risk Administrators leased 1,313 square feet in Castle Creek III, 8720 Castle Creek Parkway. The landlord, Blue
Real Estate, was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners.
The tenant represented itself.-Timothy McSoley leased 1,090 square feet at Castle Creek IV, 5875 N. Castle Creek Parkway. The landlord, Blue Real Estate,
was represented by Matt Langfeldt and Rich Forslund of NAI Olympia Partners. The tenant
represented himself.Sales/acquisitions
-Carmel-based Platinum Group bought Aspen Village Apartments, a 220-unit complex at 3510 Kebil Drive on the west side. The
list price was $1.9 million. The sale price was not disclosed. The buyer was represented by Chad Stickley and
Michael Wernke of Marcus & Millichap. The seller, CW Capital, was represented by Tikijian Associates.-Reverie Estates bought the St. Regis, a 72-unit apartment building at 26 E. 14th St. The price was not disclosed. The buyer
was represented by Sandra Jarvis of IndySquared Commercial Properties. The seller, James Candler, was represented
by Scott Pollom of Cassidy Turley.-JJ Properties LLC bought a 2,000-square-foot office building at 745 E. 107th St. The price was not disclosed. The buyer
was represented by Jeff Wright of Indy Properties. The seller, Mr. Window Inc., was represented by Bob
Lindgren of Grubb & Ellis Harding Dahm & Co.
Bid deadline looms for former Hilbert mansion
The 25,000-square-foot mansion once owned by Conseco Inc. founder Stephen Hilbert was listed five years
ago at $20 million—and
about half that in recent months. Now the property is being sold in a sealed-bid auction, and offers are due Friday.iSalus sees business boom as docs chase stimulus cash
The company is seeing a rush of new sales for its Web-based electronic medical record system from doctors, who all stand to
receive bonus payments from the federal stimulus act for computerizing their patient records.Funeral company in 129th year keeps fresh perspective
Flanner and Buchanan Funeral Centers sometimes stretches the definition of “funeral” to stay relevant after nearly
130 years. The family-owned business began downtown and has grown northward along with the city’s population. Today,
it has 14 funeral centers and conducted 2,200 funerals last year.Time running out for suburban bus service
Transportation planners are scrambling to find federal funds to help pay for the popular commuter routes from downtown
Indianapolis to Fishers and Carmel.