Indianapolis-area hospitals spent billions on construction in the past decade and increasingly tried to poach patients from one another’s territories. Yet last year—one of the worst economically in recent history—21 of 26 hospitals still were able to show operating profits.
Bank of Indiana files complaint against the home builder, alleging it failed to repay a $1 million investment due June 30. The complaint further accuses law firm Krieg DeVault LLP of malpractice and breach of fiduciary duty.
One skilled-care facility is about to open and another will break ground this month.
-King’s Beauty leased 21,539 square feet at the North Eastwood Shopping Center at 38th and Post Road. The tenant was represented by Chuck Devan of Century 21 Rasmussen. The landlord, Nassimi Realty, was represented by Andrew Levian of Nassimi Realty.
-Hammond Kennedy Whitney & Co. Inc. leased 8,336 square feet at 8888 Keystone Crossing. The tenant was represented by John Crisp of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.
-Aaron Rents leased 4,804 square feet at Noble Creek Shoppes, 451 Noble Creek Drive, Noblesville. The tenant was represented by Michael Cranfill of Sitehawk Retail Real Estate. The landlord, Douglas Realty Group Noblesville LLC, represented itself.
-Teddy’s Burger Joint leased 4,408 square feet of retail space at Southport Shoppes, 2222 W. Southport Road. The tenant was represented by Scot Courtney and Bart Jackson of Grubb & Ellis Harding Dahm & Co. The landlord, Changes in Latitude LLC, was represented by Bart Jackson of Grubb & Ellis Harding Dahm & Co.
-Country Choice Inc. leased 3,600 square feet in Park Plaza Business Park, 5721 Park Plaza Court. The landlord, First Industrial Realty Trust, was represented by John Hanley and Nikhil Gunale of CB Richard Ellis. The tenant represented itself.
-US Trades LLC leased 2,662 square feet of office space at 10735 Sky Prairie St., Fishers. The landlord, BBQ I LLC, was represented by Darrin L. Boyd and David A. Moore of Cassidy Turley. The tenant represented itself.
-Allos Venture Management Co. Ltd. leased 2,573 square feet at Meridian Mark I, 11611 N. Meridian St., Carmel. The tenant was represented by Kelli Dugan and Todd Maurer of Halakar Real Estate. The landlord, Zeller Management, was represented by Tristan Glover of Zeller Management.
-Symbiont Science Engineering and Construction leased 2,358 square feet at Precedent Office Park. The tenant was represented by Andrew Follman of Meridian Real Estate LLC. The landlord, HDG Mansur, was represented by Tim Hull and Rick Trimpe of CB Richard Ellis.
-Indy Spinal Care and Dr. Shawn Benzinger leased 1,991 square feet at 7207 Shadeland Ave. The tenant was represented by Matthew Tobe of Halakar Real Estate. The landlord, Princell Professional Properties, was represented by Ralph Balber and Ashley Bussell of Halakar.
-Buhok Salon leased 1,946 square feet at Rockville Station, 9269 U.S. 36, Avon. The landlord, Rockville Station LLC, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.
-Firehouse Subs leased 1,892 square feet at Stony Creek Marketplace, 17053 Mercantile Blvd., Noblesville. The tenant was represented by Keith Stark of Situs Realty Corp. The landlord, Inland Southeast Stony Creek LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.
-ZIL Enterprises LLC leased 1,300 square feet of retail space at Carmel Walk, 1315 S. Rangeline Road, Carmel. The tenant was represented by Nick Smyrnis of Grubb & Ellis Harding Dahm & Co. The landlord, the Fineberg Group LLC, was represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.
-Moroz Market leased 1,300 square feet of retail space at Carmel Walk, 1315 S. Rangeline Road, Carmel. The tenant was represented by Rob Christman and Alyona Tellez of Baldwin Brothers Real Estate Group. The landlord, the Fineberg Group LLC, was represented by Cindy Hoskinson and Herb Feldmann of Grubb & Ellis Harding Dahm & Co.
-A Healing Touch leased 1,200 square feet at Prairie Lakes II in Noblesville. The landlord, Prairie Lakes II LLC, was represented by Liz Yoho of Providence Development. The tenant represented itself.
Is “good enough” good enough when it comes to live theater?
Mark Palombaro, a former senior vice president of development, will pay the company $766,000, settling a lawsuit that accused him of getting kickbacks on construction contracts.
Sardar Biglari has a penchant for self-promotion. But he's also making a good case for his management skills.
The Indiana Department of Environmental Management says a federal grant will help pay for retrofitting school buses, technology to reduce idling by tractor trucks, towboats and locomotives, and fuel-efficient tires and aerodynamic trim for tractors and trailers.
The sentence was short of the 60-month maximum Laikin could have received under a plea agreement worked out with federal prosecutors last fall.
Carmel-based Performance Services Inc. plans a 25-turbine wind farm in a rural area north of Lafayette, across about 2,500 acres in northern Tippecanoe County.
It looks like Clarian may be back to deal-making. The Indianapolis-based hospital system has signed a letter of intent to absorb Morgan Hospital and Medical Center.
DB Klain Construction LLC completed a 1,200-square-foot buildout for Basket Pizzazz and Candy Pizzazz at 2159 Glebe St., in the Village of West Clay, Carmel.
IBJ’s annual rundown of issues the A&E world will be obsessing about this year.
The Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development in Westfield.
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.
Tech entrepreneur Scott Jones says the accuracy of his company’s answers will set ChaCha apart from its social-media rivals.
The last man to settle with with the Carmel insurer over unpaid debt now is now being sued for not paying his legal bill.
