Indianapolis Air Show called off; organizers cite sequestration
The air show was set for June 15-16 at Indianapolis Regional Airport near Mount Comfort east of Indianapolis. It has taken place annually since 1996.
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A2SO4 architectural firm reopens after temporary closure
The firm in historic Union Station had been ordered to shut down by the state because it owed more than $43,000 in delinquent taxes, but the state appears to have been mistaken in its decision.
American, US Airways to merge, create world’s biggest carrier
The $11 billion deal could well result in the elimination of some overlapping routes the carriers operate out of Indianapolis International Airport. Together, the two airlines have a combined market share of nearly 24 percent in Indianapolis.
Architectural firm A2SO4 ordered to cease operations
The Indiana Department of Revenue has revoked the Indianapolis firm’s retail merchant certificate, alleging it owes more than $43,000 in taxes.
Leases/leasing contracts
-Jones Lang LaSalle has been named leasing agent for 909 Whitaker Road, a 381,493-square-foot distribution facility in Plainfield Business Park owned by Industrial Income Trust. JLL's brokers for the property are Jake Sturman and Brian Seitz.
-Balkamp Inc. renewed its lease for 123,840 square feet and leased an additional 61,920 square feet in North Airport Park Building 2, 7750-54 West Morris St. The tenant was represented by Chris Horton of One Source Realty Inc. The landlord, Duke Realty, was represented by Duke's Jay Archer.-Schenker Logistics Inc. leased 86,400 square feet in Park 100 Building 91, 4919 W. 78th St. The tenant was represented by Mark Writt of CBRE. The landlord, Duke Realty, was represented by Duke's Jay Archer.
-Quest Environmental & Safety renewed its lease for 27,492 square feet in Exit 5 Building 2, 11947-11955 Cumberland Road, Fishers. The tenant was represented by Mike Lubbers of Summit Realty. The landlord, Duke Realty, was represented by Duke's Jay Archer.
-Click Ship Commerce leased 25,850 square feet at Hillsdale Business Park, North Shadeland Avenue and Hillsdale Court. The tenant was represented by Brian Buschuk of Jones Lang LaSalle. The landlord, Hillsdale Property Co. LLC, was represented by Jack Hogan and Kevin Gillihan of Jones Lang LaSalle.
-Raymond James & Associates Inc. leased 6,734 square feet at 9100 Keystone Crossing. The tenant was represented by Eric Steiner of DTZ, a UGL company. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-The McGraw Hill Cos. Inc. has leased 5,047 square feet at 8900 Keystone Crossing. The tenant was represented by Nick Arterburn CBRE. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-Buffalo Wild Wings leased 5,020 square feet of retail space at 1600 E. Michigan Road, Shelbyville. The landlord, Cassidy Turley acting as court-appointed receiver, was represented by Jacque Haynes of Cassidy Turley. The tenant represented itself.
-TITLE Boxing Club leased 4,881 square feet at Fishers Station, 7400 E. Fishers Station Drive, Fishers. The tenant was represented by Chris Ray of Catalyst Commercial Group. The landlord, Fishers Station Development Co., was represented by Andrew Hasbrook of Kite Realty Group.
-Mutual of Omaha Insurance Co. leased 4,388 square feet at 9100 Keystone Crossing. The tenant was represented by R. J. Rudolph of Colliers International. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle.
-American Mattress leased 4,200 square feet at Rangeline Crossing,116th Street and Rangeline Road, Carmel. The tenant was represented by Jeff Haas of Julius M. Feinblum Real Estate. The landlord, KRG Centre LLC, was represented by Blake Beaver of Kite Realty Group.
-Jessogne Restaurant Ventures, dba Little Caesars, leased 2,400 square feet of retail space at Irvington Plaza, 6200 E. Washington St. The tenant was represented by Ron Mannon of Lee & Associates. The landlord, Irvington Plaza Associates LLC, was represented by Patrick Boyle of Midland Atlantic.-LifeWatch Pharmacy leased 2,213 square feet at 4444 Decatur Blvd. The tenant was represented by Bryan Augustin of Alliance Commercial Group. The landlord, MPC Ventures LLC, was represented by Ryan Kelly and Brian Dell of Summit Realty Group.
-Jacobs Parts Inc. leased 1,662 square feet at Willow Lake East, 2632 Lake Center Drive. The landlord, Regency Centers, was represented by Keith Fried of Sitehawk Retail Real Estate. The tenant represented itself.-Runners Forum leased 1,600 square feet at Avon Station, 8100 E. U.S. 36, Avon. The landlord, Avon Station Inc., was represented by Michael Cranfill of Sitehawk Retail Real Estate. The tenant represented itself.
-GoPath Global LLC leased 1,419 square feet at 8888 Keystone Crossing. The landlord, Philadelphia-based BPG Properties Ltd., was represented by John R. Robinson and Abby Cooper Zito of Jones Lang LaSalle. The tenant represented itself.
-BlumLux leased 400 square feet in the Canal Building at Rockdale, 6334 Westfield Blvd. The landlord, Rockdale LLC, was represented by Jack Hogan of Jones Lang LaSalle. The tenant represented itself.
Local freeway congestion not getting worse, study finds
An Indianapolis commuter spent an average of 41 hours in freeway delays during rush hour in 2011, the same as in 2010, according to a study by the Texas A&M Transportation Institute.
HETRICK: Groundhog Day experience helps put life in perspective
It was fitting that, on Feb. 2, I found myself back in the place I started.
Sisters put sophisticated spin on popcorn
Just Pop In! retail stores feature traditional, popular flavors like caramel and cheddar—and an “Indy Style” mixture of the two—but a dizzying array of more imaginative concoctions sets the local chain apart.
Roundup: Hobby Lobby, Bakersfield, Orange Leaf
Chain stores Hobby Lobby and DXL plan new Indianapolis-locations, two yogurt chains are expanding and a popular Cincinnati-area restaurant prepares for its Indy grand-opening.
Is Indianapolis becoming too expensive for conventions?
A recent tax increase coupled with cut-rate competition from other cities has Indianapolis-area convention and meeting officials fretting about losing a longtime cost advantage.
House panel backs mass-transit funding referendum
A legislative committee on Wednesday overwhelmingly approved a bill that would let local voters decide whether to fund a $1.3 billion mass transit system in the Indianapolis area.
2013 Forty Under 40: Corey L. Wilson
Corey Wilson ensures that minority- and women-owned companies have a fair shot at doing business with Indianapolis International Airport.
2013 Forty Under 40: Sahara L. Williams
Since Sahara Williams started her own engineering firm five years ago, she’s delivered on a number of high-profile projects.
Indiana House OKs looser rules on selling old schools
The Indiana House has approved a bill that would shorten the time that school districts must hold onto vacant buildings in case a charter school operator wanted to move into the building.
Airport refreshing art offerings
A new feature is being added to the controversial LED screen installed more than a year ago, and the concourses will get new non-video art.
Airport neighbors team up on ‘AeroVision’
Mayor Greg Ballard is expected on Jan. 30 to lay out plans for a cross-county economic development area anchored by Indianapolis International Airport that promises to quell political divisions and clear the way for investment.
Indianapolis airport boardings hit 10-year low
Amid rising ticket prices, passenger boardings fell by 2.2 percent last year, to 3.68 million. That’s a low not seen since 2003, according to airport records.
Mass transit group kicking off promotional campaign
Indy Connect, the local initiative supporting a $1.3 billion expansion of the transit system, plans to begin an advertising campaign for the proposal on Friday.
Report: Outlook bullish for Indy industrial development
Expect to see more big distribution centers in the Indianapolis area as you drive around town or come in for a landing at Indianapolis International Airport.