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    Allison Allen

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Articles

Roundup: Illinois Food Emporium sold; Snooty Fox update

August 12, 2014

The Illinois Street Food Emporium, a north-side staple for decades, has a new owner, while the owner of the Sahm’s chain dishes on his plans for the Snooty Fox building.

CIB to provide $5M for natatorium maintenance

August 11, 2014

The Capital Improvement Board of Managers of Marion County voted Monday to give the Indiana Sports Corp. $500,000 a year for the next 10 years to create a reserve fund for maintenance on the IU Natatorium at IUPUI.

Leases/leasing contracts

August 5, 2014

-Byrd Enterprises Inc. leased 37,378 square feet at Carmel Market Place, 502 E. Carmel Drive, Carmel. The tenant was represented by Bruce Richardson of Dieterl/Richardson. The landlord, Buckingham Fountains LLC, was represented by Gary Perel of Newmark Knight Frank Halakar and Tiffany Oliver of Buckingham Cos.

-HHGregg leased 25,078 square feet of retail space in Washington Place Shopping Center, 10255 E. Washington St. The tenant was represented by Jack Esselman of J.F. Esselman Commercial. The landlord, PEBB Indianapolis LLC, was represented by Jamison Downs, Seth Biggerstaff and Paul Rogozinski of Veritas Realty.

-AIMCO leased 14,342 square feet at 4670 Haven Point Blvd. The tenant was represented by Brian Askins of Cushman & Wakefield/Summit. The landlord, Performance Services Inc., was represented by Ron Foster of Reliant Partners.
    
-Harvest Church leased 8,640 square feet at 6107 Airport Blvd. The tenant was represented by Brian Askins of Cushman & Wakefield/Summit. The landlord, The Peterson Co. LLC, was represented by Matt Langfeldt and Rich Forslund of Cushman & Wakefield/Summit.

-Corizon LLC leased 6,724 square feet of office space at 9245 N. Meridian St. The tenant was represented by Brook Sipe of Alliance Real Estate. The landlord, Echo Associates LLC, was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar.

-Madame Royale Nail Salon & Spa leased 2,800 square feet of retail space in Pine Creek Shoppes, 8790 E. 96th St., Fishers. The landlord, Pine Creek on 96th Street LLC, was represented by Seth Biggerstaff and Kyle Hughes of Veritas Realty. The tenant represented itself.

-Gutwein Law leased 2,504 square feet of office space at Station Place, 200 S. Meridian St. The tenant was represented by Ashley Bussell and Ralph Balber of Newmark Knight Frank Halakar. The landlord, Station Place, was represented by Zane Brown of CBRE.

-Louie’s Wine Dive Indianapolis LLC leased 2,500 square feet of retail space in the Massala Building, 345 Massachusettes Ave. The tenant was represented by Allison Hawley of Niessink Commercial Real estate Inc. The landlord, Massala Properties Inc., was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar.

-Jimmy Johns leased 1,760 square feet of retail space in Shelbyville Crossing, 2400 Marketplace Blvd, Suite C, Shelbyville. The tenant was represented by Drew Warner of Eclipse Realty. The landlord, Shelbyville Retail LLC, was represented by Jamison Downs and Kyle Hughes of Veritas Realty.  

-A Nail Salon leased 1,608 square feet at Lebanon Crossing, 1370 S. Lebanon St., Lebanon. The landlord, Lebanon 39 LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

-Infinity Chiropractor leased 1,600 square feet of retail space in Pine Creek Shoppes, 8966 E. 96th St., Fishers.  The tenant was represented by Seth Biggerstaff of Veritas Realty. The landlord, Pine Creek Shoppes on 96th Street LLC, was represented by Paul Rogozinski of Veritas Realty.

-Raw Juice leased 1,200 square feet at Clearwater Springs Shopping Center, 5025 E 82nd St. The landlord, PK Clearwater Springs LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.

Two-hotel tower proposed across from fieldhouse

July 31, 2014

A Minneapolis developer wants to build two high-end hotels in the same 15-story building on a surface parking lot downtown across from Bankers Life Fieldhouse.

Construction

July 28, 2014

-Holladay Construction Group LLC partnered with Holladay Properties on a 600-foot warehouse work-area expansion and office upgrade for Batesville at 5770 Decatur Blvd.

-Capitol Construction has completed a 3,600-square-foot office build-out for Advanced Pain Management at 10412 N. Allisonville Road, Fishers.

-Capitol Construction has completed a 3,700-square-foot office build-out for Fairway Mortgage at 10194 Crosspoint Blvd.

-Capitol Construction has completed a 7,000-square-foot production facility for Ambre Blends at 7825 E. 89th St.

Leases/leasing contracts

July 28, 2014

-Lysse Partners LLC leased 32,826 square feet of industrial space at 8460 Bearing Drive. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Biynah Industrial Partners LLC, was represented by Michael Weishaar and Todd Vannatta of Cassidy Turley.

-Bastian Solutions leased 17,242 square feet Georgetown Building 1, 7950 Georgetown Road. The tenant was represented by Mark Writt of CBRE. The landlord, Duke Realty, was represented by Jay Archer of Duke.
 
-Security Vault Works Inc. leased 16,000 square feet of industrial space in Park West, 980 Western Drive. The tenant was represented by Stan Elser of Lee & Associates. The landlord, B&D Development Co. LLC, represented itself.

-Save-A-Lot Food Stores leased 15,600 square feet at 1223 S. High School Road. The tenant was represented by Larry Davis of Sitehawk Retail Real Estate. The landlord, West Washington Street Partners LLC, was represented by Brent Benge of Paradigm Real Estate Investments.

-Pet Supplies Plus leased 7,011 square feet at Indian Creek Commons, 10625 Pendleton Pike. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate. The landlord, Viking Partners Indiana Creek LLC, was represented by Seth Biggerstaff of Veritas Realty.

-Cleaning Solutions leased 4,430 square feet of industrial space at 5603 W. Raymond St. Both the tenant and the landlord, Iron Point Titan Asset Management LLC, were represented by Bryan Poynter of Cassidy Turley.

-Western Governors University renewed its lease for 3,841 square feet of office space at 10 W. Market St. The tenant was represented by John Crisp and Spud Dick of Cassidy Turley. The landlord, MT Acquisitions LLC, was represented by Bennett Williams and Andrew Martin of Cassidy Turley.

-Integration Partners Corp. leased 3,299 square feet of industrial space at 9855 Crosspoint Blvd. The landlord, Clarion Partners, was represented by Fritz Kauffman and Bryan Poynter of Cassidy Turley. The tenant represented itself.

-Milestone Contractors LP leased 3,281 square feet of industrial space at 3250 N. Post Road. Both the tenant and the landlord, Iron Point Titan Asset Management LLC, were represented by Bryan Poynter of Cassidy Turley.

-Quartermaster Facility Supplies LLC leased 2,400 square feet of industrial space at 5603 W. Raymond St. Both the tenant and the landlord, Iron Point Titan Asset Management LLC, were represented by Bryan Poynter of Cassidy Turley.

-Matthews International Corp. leased 2,097 square feet of office space at 8606 N. Allisonville Road. The tenant was represented by Spud Dick of Cassidy Turley. The landlord, Citimark Inc., was represented by Brian Fitzgerald of Citimark.

-Any Lab Test Now leased 1,600 square feet of retail space at 1642 S. Olive Branch Parke Lane, Greenwood. The landlord, KLC Realty LLC, was represented by Greg Smith of Colliers International. The tenant represented itself.

Roundup: Aurelio’s Pizza, ice cream ’emporium’ and Dottie Couture in Fishers

July 23, 2014

Chicagoland favorite Aurelio’s Pizza is extending its reach into central Indiana, with plans for a restaurant in Fishers. Plus: ice cream, sushi, and more Dottie Couture.

Kite CEO ‘not afraid to continue to grow’

July 17, 2014

In an interview with IBJ, Kite Realty Group Trust CEO John Kite discusses the $1.2 billion acquisition of Illinois-based Inland Diversified Real Estate Trust, potential redevelopment of Pan Am Plaza and its hopes to keep a branch of the Indianapolis-Marion County Public Library at Glendale Town Center.

Upscale salon closes Clay Terrace storefront

July 11, 2014

High-end David & Mary Salon Spa has closed its Clay Terrace location after months of grappling with road construction, frigid weather and the loss of several key employees. Plus: Macaroni Grill leaves Carmel.

People in the news – July 14, 2014

July 10, 2014

People listings are free.

Construction

July 6, 2014

-Capitol Construction has completed a 9,400-square-foot office expansion for Nyhart at 8415 Allison Pointe Blvd.

-Capitol Construction has completed a 6,900-square-foot retail build-out for Two Deep Brewery at 714 N. Capitol Ave.

-Capitol Construction has completed a 3,500-square-foot office build-out for Pinnacle IT Solutions at 3535 E. 96th St.

Leases/leasing contracts

June 30, 2014

-Peapod LLC leased 48,678 square feet at 9222 E. 33rd St. The tenant was represented by J.D. Graves of CBRE. The landlord, Duke Realty Corp., was represented by Duke's Kate Willen Ems.

-ALDI leased 22,462 square feet of retail space in Cherry Tree Plaza, 9989 E. Washington St. The tenant was represented by Jim Abel of Lee & Associates.  The landlord, Sandor Development, was represented by Jeff Roberts of Sandor.   

-Asset Recovery & Recycling leased 17,186 square feet of industrial space at 2402 N. Shadeland Ave. The landlord, Shadeland South Business Park LLC, was represented by Todd Vannatta and Michael Weishaar of Cassidy Turley. The tenant represented itself.

-The North End BBQ leased 4,780 square feet of retail space at Nora Shops West, 1250 E. 86th St. The tenant and landlord, an affiliate of PK Partners, represented themselves.

-Fairway Independent Mortgage Corp. leased 4,191 square feet of office space at 10194 Crosspoint Blvd., Fishers. The tenant was represented by Yumi Goodman of Colliers International. The landlord, E-L Crosspoint Building 2 LLP, was represented by John Vandenbark of CBRE.

-Panera Bread renewed its lease for 3,957 square feet of retail space at Clearwater Springs, East 82nd Street and Allisonville Road. The tenant and landlord, an affiliate of PK Partners, represented themselves.

-Heldelberge Agency leased 1,395 square feet of retail space at 8802 S. Madison Ave. The tenant was represented by Keith Turnbill of RE/MAX Select. The landlord, Conrad Morris & Associates LLC, was represented by Greg Smith and Nate Smith of Colliers International.

-Artisano’s Oils and Spices leased 1,283 square feet of retail space at Nora Shops West, 1250 E. 86th St. The tenant was represented by Tom Megenhardt of Thomas K. Megenhardt Commercial Real Estate. The landlord, an affiliate of PK Partners, was represented by Bryan Chandler of Eclipse Real Estate.

-Havana Cafe leased 1,200 square feet of restaurant space in Honey Creek, 3839 Moller Road. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.

-It Is Vapor leased 864 square feet of retail space in Starbucks Plaza, 1950 Kessler Blvd., West Drive. The landlord, Sandor Development, was represented by Drew Kelly of Sandor. The tenant represented itself.

-Eyes By India leased 662 square feet of retail space in Esquire Plaza, 8213 Pendleton Pike. The landlord, Sandor Development, was represented by Jeff Roberts of Sandor. The tenant represented itself.

Private foundation planning Carmel HQ

June 25, 2014

Indianapolis-based Liberty Fund plans to build a campus-like headquarters on the Meridian Street office corridor in Carmel—if officials approve a couple of notable exceptions to the city’s development guidelines for the area.

Reflections of a recent (HCLA) graduate …

June 23, 2014

At least once a month for the past year or so, my husband has asked me the same question: “So, are you a leader yet?”

People in the news – June 16, 2014

June 12, 2014

People listings are free.

Christine Scales, a councilor with an independent streak, riles both parties

June 12, 2014

In her second term on the Indianapolis City-County Council, Scales is testing the limits of political independence and the patience of her colleagues.

Records – June 16, 2014

June 12, 2014

Records listings from the June 16, 2014, issue of IBJ.

People in the news – June 9, 2014

June 5, 2014

People listings are free.

Ivy Tech’s Corporate College picks up steam

June 4, 2014

The community college’s subsidiary has served 750 companies so far this year and thinks it can double or triple that total in five years.

Indianapolis cancels cricket championship

May 30, 2014

“Deteriorating” communications with the sponsoring organization forced the decision, the city of Indianapolis announced Friday afternoon.

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