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    Allison Allen

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Articles

LOU’S VIEWS: Youth appeal at the Phoenix and Butler U. theaters

March 10, 2011

Is theater dead? Three different productions from three different companies over the past few weeks point to some ways to counter—or at least hold off—the decline.

Allisonville bridge restrictions foreshadow what’s to come

March 3, 2011

INDOT had already planned to replace the bridge as part of its “465/69 Northeast” rebuilding project. But the traffic-flow part of the plan drew the ire of some Castleton-area retailers.

Who’s Who in Hospitality – 2011

March 3, 2011

Every business sector has influential players, whether they are in the public eye or wield their influence behind the scenes.

Accident closes Allisonville lane

March 2, 2011

The right lane of northbound Allisonville Road at Interstate 465 has been closed indefinitely following a car accident Tuesday. The Indiana Department of Transportation said a vehicle struck a steel bridge beam. Structural engineers said the bridge is safe for one through lane and one turn lane of northbound Allisonville Road. They also said the bridge is safe for the southbound lanes. One left-turn lane for the I-465 eastbound exit ramp will also be closed.
 

IPO could help ease Allison Transmission’s debt

February 28, 2011

Allison Transmission Inc.'s enormous debt load is probably one factor driving the company to consider a public offering, an investment analyst said Monday morning.

Report: Allison may raise up to $1B in IPO

February 25, 2011

The Indianapolis company, the world's largest maker of commercial transmissions, may go public in the third quarter, Reuters reported.

Allison to sponsor Sarah Fisher Racing

February 24, 2011

The Speedway-based transmission company will be an associate sponsor of the team’s entry in the 100th-anniversary Indy 500.

Leasing/leasing contracts

February 21, 2011

-Biosound, Esaote Inc. leased 39,204 square feet of office space at 8000 Castleway Drive. The tenant was represented by Darrell Pike of Pike Real Estate. The landlord, BREOF Castleton Park REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Indiana Athletics has leased 12,000 square feet in Fairfield Business Park, 9339 Castlegate Drive. The tenant was represented by John Hanley of CB Richard Ellis. The landlord, First Industrial Realty Trust, was represented by Nikhil Gunale of CB Richard Ellis.

-Key Sheet Metal renewed its lease for 6,000 square feet at 23rd Street Industrial, 4949 E 23rd St. The landlord, Garfield LLC, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.

-Hurricane Grill & Wings leased 4,733 square feet at Northfield Commons, 400 W. Northfield Drive, Brownsburg. The tenant was represented by Bill Lingle of Century 21 Scheetz. The landlord, Brownsburg Development, was represented by Liz Yoho of Providence Development.

-Dacco Inc. renewed its lease for 4,000 square feet at 23rd Street Industrial, 4839 E 23rd St. The landlord, Garfield LLC, was represented by David Ciechanowicz of Colliers International. The tenant represented itself.

-Cutco Cutlery signed leased 3,978 square feet at Clearwater Springs Shopping Center, 82nd Street and Allisonville Road. The tenant was represented by Thomas T. Schoenberger of Welsh Companies in Novi, Mich. The landlord, PK Clearwater Springs LLC, represented itself.  

-Marco’s Pizza leased 1,800 square feet at New Augusta Shoppes, 7125 N. Georgetown Road. The tenant was represented by Andrew Clifford of Clifford Realty. The landlord, Lor Corp., was represented by Brett Burch of Valenti Real Estate Services.

-Marco’s Pizza leased 1,600 square feet at Fishers Town Commons, 8235 E 116th St., Fishers. The tenant was represented by Steve Delaney of Sitehawk Retail Real Estate. The landlord, Fishers Town Commons LP, was represented by Brian Broadbent of The Broadbent Co.

-Crosspoint Capital Corp. leased 493 square feet of office space at 5455 W. 86th St. The landlord, Polaris Commercial Investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.

-GlassHouseCouture leased 442 square feet of office space at 5455 W. 86th St.  The landlord, Polaris Commercial Investments LLC, was represented by Scott H. Lindenberg of Echelon Realty Advisors. The tenant represented itself.

California investor losing grip on holdings

February 17, 2011

Blue Real Estate defaulted on a $17.5 million loan for six buildings in Park 100, according to a mortgage foreclosure suit Bank of America filed this month in Marion County.

Leases/leasing contracts

February 14, 2011

-Broyles Kight Ricafor leased 6,322 square feet at 8250 Haverstick Road. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Shepard & Poorman Investments, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.

-Markey’s Audio Visual leased 5,850 square feet of industrial space at 8434 E. 33rd St. The tenant was represented by Herb Feldmann and Cindy Hoskinson of Lee & Associates. The landlord, First Industrial, was represented by Brian Seitz and Steve Schwegman of Jones Lang LaSalle.

-Sylvester Service Experts leased 5,275 square feet at Madison Trace Business Center, Exit 19 and I-69, Pendleton. The landlord, Tower Pendleton LLC, was represented by Kurt Mathewson of Mathewson Willey Realty Advisors.  The tenant represented self.

-Horizon CPA expanded and renewed its lease for 3,576 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.

-Indiana Retired Teachers Association leased 3,261 square feet at 2629 Waterfront Parkway, East Drive.  The tenant was represented by Jim Mount of Hokanson Cos. The landlord, New Boston Jacaranda LP, was represented by Gus Sevastianos and Brian Fitzgerald of Citimark Management Co. Inc.

-Dr. Ronald L. Banta leased 2,798 square feet at 3077 E. 98th St. The tenant was represented by Matt Kiger of Newmark Knight Frank Halakar. The landlord, BREOF Keystone REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley.

-Appia Communications leased 2,097 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.

-Prime Lending, A Plains Capital Company, leased 1,966 square feet of office space in Library Park, 1700 W. Smith Valley Road, Greenwood. The tenant was represented by  Rick Trimpe of CB Richard Ellis. The landlord, Deegan Properties 107E LLC, was represented by Cathy Richards of Lee & Associates.

-Intrepid Financial Planning Group LLC leased 1,689 square feet at 3021 E. 98th St. The landlord, BREOF Keystone REO LLC, was represented by Dave Moore and Darrin Boyd of Cassidy Turley. The tenant represented itself.

-IT Business Solutions leased 1,100 square feet at 2611 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.  

-Gradex Inc. leased 590 square feet of office space in Fall Creek Harbour Shoppes, 10142 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

Keystone Towers heading toward demolition, city says

February 10, 2011

An Indianapolis Department of Metropolitan Development official says the city has plans to tear down the abandoned 15-story Keystone Towers complex at Allisonville Road and Fall Creek Parkway and seek proposals for redevelopment.

Leases/leasing contracts

February 7, 2011

-Performance Bicycle Shop leased 11,500 square feet at Greenwood Shopping Center, U.S. 31 and County Line Road, Greenwood. The tenant was represented by Mark Perlstein of Sitehawk Retail Real Estate.  The landlord, Kimco North Trust, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.

-Health Systems International renewed its lease for 7,979 square feet at Castle Creek VI. The tenant was represented by Mark McDermott of CB Richard Ellis. The landlord, Friedman Real Estate Group as receiver, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-CVS Pharmacy leased 6,787 square feet at 175 N. Illinois St.. The tenant was represented by Ron Foster of Echelon Realty Advisors. The landlord, MT Acquisitions LLC, was represented by Dave Moore, Darrin Boyd and Allison Tiefel of Cassidy Turley.  

-C-2 Supply leased 6,000 square feet of space at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, National Bank of Indianapolis, was represented by Conrad Jacobs and Ralph Balber of Newmark Knight Frank Halakar. The tenant represented itself.

-St. Vincent Hospital Physician Network renewed its lease for 5,702 square feet at 11530 Allisonville Road. The tenant was represented by Bruce Gordon of Duke Realty. The landlord, Bendrew Development LLC, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-J. Allan Hall & Associates leased 5,250 square feet of office space at Circle Tower, 55 Monument Circle. The landlord, FT Circle Tower LLC, was represented by Bennett Williams and Pete Anderson of Cassidy Turley. The tenant represented self.

-ETI leased 3,963 square feet of office space at 8500 Keystone Crossing. The tenant was represented by Brooke Augustin and Drew Augustin of Alliance Commercial Real Estate. The landlord, PWA Keystone Crossing, LP, was represented by Andrew Martin, Bennett Williams and Michael Semler of Cassidy Turley.

-The Travel Agent Inc. leased 3,439 square feet at Lakeside Corporate Center, 630 West Carmel Drive, Carmel. The tenant was represented by Thomas M. Osborne and Matt Moore of Colliers International. The landlord, ATAPCO Carmel Inc., was represented by John Vandenbark of CB Richard Ellis.

-Indiana Farm Bureau Insurance leased 3,200 square feet at Avon Commons, 10427 E. U.S. Highway 36, Avon. The tenant was represented by Larry Harshman of Harshman Property Services LLC. The landlord, Aviana Co. 3 LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.

-Meridian Radiology leased 3,123 square feet at Meridian Professional Building, 3266 N. Meridian St. The tenant was represented by Mike Cole and Steve Wolkoff of Dury Investment Group. The landlord, PBB III LLC, was represented by Brad King and Ron Bell of Colliers International.

-Aqua Indiana leased 2,720 square feet at Castle Creek V. The tenant was represented by Matt Waggoner of Summit Realty Group. The landlord, Friedman Real Estate Group as receiver, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Indiana Bond Bank leased 2,445 square feet at 10 W. Market St. The tenant was represented by John Crisp of Cassidy Turley. The landlord, MT Acquisitions LLC, was represented by Dave Moore, Darrin Boyd and Andy Martin of Cassidy Turley.

Circle may close to cars for Super Bowl week

February 7, 2011

Indianapolis' Super Bowl host committee is trying to raise money to hold a big-time, possibly nightly, entertainment event on Monument Circle during next year's week-long run-up to the Super Bowl.

Will city be ready for Super Bowl blitz?

February 3, 2011

The compact nature of downtown Indianapolis—long seen as a major draw for conventions and other events—is creating challenges for organizers of next year’s Super Bowl.

BENNER: Super Bowls Radio Row is a non-stop PR machine

February 3, 2011

The National Football League has created this monster and couldn’t be happier about it.

Several new restaurants opening in Indianapolis

February 3, 2011

The new dining spots include a few home-grown businesses that are opening in or near Broad Ripple.

NFL labor situation a hot topic in Dallas

February 3, 2011

A lockout is predicted by many, but whether labor strife ultimately affects the 2012 Super Bowl in Indianapolis remains to be seen.

Leases/leasing contracts

January 31, 2011

-Linens & More, For Less! LLC leased 28,444 square feet at Stony Creek, 17120 Mercantile Blvd., Noblesville. The tenant was represented by Drew Barkett of Strategic Retail Development. The landlord, Inland Southeast Stony Creek LLC, was represented by Larry Davis and Tom English of Sitehawk Retail Real Estate.

-Hensley Legal leased 11,892 square feet at 350 E. New York St. The tenant was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group. The landlord, DH Realty LLC, was represented by Jon Owens and Brian Meeks of Cassidy Turley.

-William Risley leased 8,000 square feet at Circle City Industrial Complex, 1125 Brookside Ave. The tenant was represented by Tony Hupp of Summit Realty Group. The landlord, National Bank of Indianapolis, was represented by Conrad Jacobs and Ashley Bussell of Newmark Knight Frank Halakar.

-MicroMed LLC leased 6,565 square feet of office space at 8730 Commerce Park Place. The tenant was represented by Jenna Barnett of Newmark Knight Frank Halakar. The landlord, Dhillon Commerce Park LLC, was represented by Darrin Boyd and Dave Moore of Cassidy Turley.

-The Anson Group LLC leased 6,260 square feet at Parkstone Office Center, 9001 Wesleyan Road. The tenant was represented by Yumi Prater of Colliers International. The landlord, Finsilver/Friedman, was represented by Nick Svarczkopf of CB Richard Ellis.

-I Go Digital leased 4,702 square feet at the Echelon Building, 5252 E. 82nd St. The tenant was represented by Tom Hadley of Summit Realty. The landlord, Helios, was represented by Ralph Balber and Ashley Bussell of Newmark Knight Frank Halakar.

-Mighty Auto leased 4,405 square feet at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, National Bank of Indianapolis, was represented by Ashley Bussell and Conrad Jacobs of Newmark Knight Frank Halakar. The tenant represented itself.

-Materials Processing Inc. leased 3,988 square feet of office space at 3500 DePauw Blvd. The landlord, CP Pyramids Associates L.P., was represented by Dave Moore, Darrin Boyd, and Bennett Williams of Cassidy Turley. The tenant represented itself.

-Advanced Pain Management of Central Indiana leased 2,253 square feet at the Fishers Medical Arts Building, 10995 Allisonville Road, Fishers. The tenant was represented by Thomas M. Osborne of Colliers International. The landlord, Fishers Medical Arts Building Partnership, was represented by Charlie Yeo of Barrett & Stokely.

-Peloton Wealth Strategies Inc. leased 1,641 square feet of office space at 8500 Keystone Crossing. The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, PWA Keystone Crossing, LP, was represented by Andrew Martin, Bennett Williams and Michael Semler of Cassidy Turley.

-Indianapolis Fabrication leased an additional 1,600 square feet at Circle City Industrial Complex, 1125 Brookside Ave. The landlord, National Bank of Indianapolis, was represented by Conrad Jacobs and Ashley Bussell of Newmark Knight Frank Halakar. The tenant represented itself.

-Yogurt Shoppe leased 1,200 square feet at Meridian Parke Shopping Center, 3100 Meridian Parke Drive. The tenant was represented by Greg Smith of Colliers International. The landlord, Meridian Parke Co., was represented by Preston Elkins of Kellams Enterprises.

Restaurant roundup: Potbelly, The Sweet Life, Bebop Pizza, 10-01

January 31, 2011

Several new restaurants including new local names and popular chains are slated to open soon in central Indiana.

Ritter’s Frozen Custard franchisees reopening stores

January 24, 2011

As a new owner revamps the Ritter’s business plan, at least four of the frozen custard stands in the area have either opened or are set to reopen in the same locations where they previously operated.

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