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Articles

Palladium opening weekend

January 15, 2011

Jan. 22-23
Center for the Performing Arts, Carmel

The big gala opening event doesn’t take place until next weekend. But this week the new concert hall has scheduled two days of open-to-the-public performances to give a taste of things to come.
On Saturday, a ribbon cutting and the obligatory speeches will lead into a concert by the Carmel Brass (including a premiere of “The Palladium Suite”) and then five hours of “Take Center Stage at the Palladium,” showcasing a variety of acts chosen from those who auditioned in December.
On Sunday, there’s an open house that includes performances by Gregory Hancock Dance Theater, New World Youth Orchestra, the Carmel Symphony Orchestra String Quartet, Indiana University Jazz Group and the Purdue University Glee Club.
Details here. .
 

Fair Finance trustee sues Durham relatives

January 17, 2011

The case against Jeffrey and Dana Osler is the latest in what is expected to be a string of suits by the trustee against friends and business associates of Tim Durham who took out loans from Fair Finance but made few if any payments.

Residential

January 17, 2011

–Jason O’Neal and brothers Jim McKenzie and John McKenzie have formed McKenzie Real Estate, a boutique real estate firm. O’Neil was formerly a real estate broker at Encore Sotheby’s International Realty. The McKenzie brothers have been custom-home builders in the Indianapolis area since 1993. McKenzie Real Estate is located at 4631 Lisborn Drive, Carmel.

-On a seasonally adjusted basis, the pace of mortgage loan activity increased 2.2 percent for the week ended Jan. 7, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.78 percent from 4.82 percent the previous week. The rate for 15-year mortgages decreased to 4.15 percent from 4.23 percent.

Construction

January 17, 2011

-Kort Builders has started construction of a 1,600-square-foot retail space for Barbara’s New Beginnings at 8633 River Crossing Blvd.

-Kort Builders has started construction of a 4,000-square-foot space for Massage Envy at 4000 W. 106th St., Suite 200, Carmel.

TORR: Right-to-work freedom would stoke Indiana’s economy

January 18, 2011

There is one simple change we could make in state law that would put more Hoosiers back to work: Make Indiana the nation’s 23rd right-to-work state.

Lugar to seek re-election

January 18, 2011

Sen. Richard Lugar plans to return to Indiana on Friday for a major fundraiser in Carmel.

Evans dreams big as Clarian becomes IU Health

January 18, 2011

Clarian Health, which is set to change its name to Indiana University Health on Jan. 24, is relying on the academic expertise of its downtown Indianapolis hospitals to pull in patients from a wider swath of the state and the nation.

Carmel firm gets FDA approval for lice treatment

January 19, 2011

ParaPRO LLC’s treatment, called Natroba, has a potential U.S. market of 6 million to 12 million infected children annually.

Bill would make Indiana schools start after Labor Day

January 19, 2011

Republican Sen. Mike Delph of Carmel said it makes sense to start school after Labor Day because families would have more summer vacation time together.

UPDATE: ITT Educational profit gives shares a boost

January 20, 2011

Shares of ITT Educational Services Inc. rose the most in a year Thursday after the for-profit educator reported a fourth-quarter profit that beat analysts’ estimates.

ChaCha lands $3M investment

January 20, 2011

The Carmel-based company said the latest round of financing extends a $20 million investment it received in October to fund an expansion of its signature mobile service.

Indiana companies prepping for burst of acquisitions

January 20, 2011

Conditions are ripe for a barrage of mergers and acquisitions to take place this year.

Lack of a disclosed price kept deals off the list

January 20, 2011

A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from OneAmerica’s acquisition of benefits firm McCready and Keene Inc. to Herb Simon’s pickup of the Kirkus Reviews, a venerable journal of prepublication book reviews. • Bloomington Hospital was merged into Clarian Health on Jan. 1. • Indianapolis-based […]

California judge bars Conseco Life from boosting rates

January 20, 2011

A federal judge in Los Angeles ruled Wednesday that Carmel-based Conseco Life Insurance Co. may not follow through with a plan to raise policy rates for more than 50,000 mostly elderly policyholders.

21st Century Fund pockets a payoff from sale

January 20, 2011

The state’s principal fund investing in high-tech companies has reached a milestone—for the first time recouping all the money it granted an emerging company, and then some.

DINING: Come, sit, eat with Donatello’s Italian family

January 20, 2011

Located just west of Range Line Road in Carmel’s Art & Design District, Donatello’s Italian Restaurant is a true family affair.

Records – Jan. 24, 2011

January 20, 2011

Records listings from the Jan. 24, 2011, issue of IBJ.

You-review-it Monday: Palladium, anyone?

January 24, 2011

What did you see, hear or do this weekend?

Leasing/leasing contracts

January 24, 2011

-The Family & Social Services Administration renewed its lease for 86,000 square feet at 2525 Shadeland Ave. The tenant was represented by R.J. Rudolph and Tim O’Brien of Colliers International. The landlord, Norry Management, was represented by Matt Langfeldt and Rich Forslund of Summit Realty Group.

-Arlington/Roe leased 21,089 square feet at 8900 Keystone Crossing. The tenant was represented by Rick Trimpe of CB Richard Ellis. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.    

-Planet Fitness leased 19,260 square feet at North Willow Mall, 2302 W. 86th St.   The tenant was represented by Bart Jackson of Lee & Associates. The landlord, Township 86th Development Co. LP, was represented by Keith Fried of Sitehawk Retail Real Estate.   

-Flaherty & Collins Inc. leased 12,871 square feet at 8900 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle. The tenant represented itself.    

-Slingshot SEO leased 11,576 square feet at 8900 Keystone Crossing. The tenant was represented by Bennett Williams of Cassidy Turley. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.  

-Horizon Planning Group leased 9,344 square feet at 9000 Keystone Crossing.  The tenant was represented by Andrew Follman of Meridian Real Estate. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby L. Cooper of Jones Lang LaSalle.

-Investors Titlecorp leased 6,392 square feet at 111 Congressional Blvd., Carmel. The tenant was represented by Debbie Shumate Johnson of Alliance Commercial Real Estate. The landlord, Technology Center Associates LP, was represented by Mike Napariu of REI Real Estate Services.

-3DT Holdings leased 5,637 square feet at 251 N. Illinois St. The tenant was represented by Lynn S. Fischer of Fischer & Associates Inc. The landlord, Indiana Secondary Market for Education Loans Inc., was represented by Ryan Conrad of Colliers International.

-Stewie’s Family Pub leased 3,200 square feet at Saratoga Shops, 1070 W. Main St., Plainfield. The tenant was represented by Bart Jackson of Lee & Associates.  The landlord, Saratoga Associates LLC, was represented by Keith Fried of Sitehawk Retail Real Estate.

-Dr. Ronald Banta, D.P.M., Inc. renewed its lease for 2,789 square feet of space at Keystone Office Park, 3077 E. 98th St., Suite 100. The tenant was represented by Conrad Jacobs and Matt Kiger of Newmark Knight Frank Halakar. The landlord, BREOF Keystone, was represented by David Moore of Cassidy Turley.

-Jet’s Pizza leased 2,100 square feet at Colby Shoppes, 954 N. State Road 135, Greenwood. The tenant was represented by Lynn S. Fischer of Fischer & Associates Inc. The landlord, KLC Realty, was represented by Colliers International.

-Dr. Jay Hollander, DDS, PC, renewed its lease for 1,900 square feet at 1255 W. 86th St. The tenant was represented by Debbie Shumate Johnson of Alliance Commercial Real Estate. The landlord, Prime Property Investors Fund VIII, was represented by Fred Frisch of Prime Property Investors.    

-Flourish Yoga LLC leased 1,866 square feet of retail space in Fall Creek Harbour Shoppes, 10138 Brooks School Road, Fishers. The tenant and landlord, FCH Associates LLC, were represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

-Massey Martial Arts Academy LLC leased 1,585 square feet of retail space in Fall Creek Harbour Shoppes, 10114 Brooks School Road, Fishers. The tenant was represented by Rich Block of Paragon Realty LLC. The landlord, FCH Associates LLC, was represented by Cindy Hoskinson and Herb Feldmann of Lee & Associates.

-Foster Contracting LLC leased 1,500 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.

Arizona-style immigration bill slated for hearing

January 25, 2011

The proposal from Sen. Mike Delph of Carmel would require police to ask for proof of citizenship or immigration status if they had a reasonable suspicion that a person is illegally in the country.

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