The rebound taking shape in parts of the retail industry eluded the owner of the Saks Fifth Avenue and Lord & Taylor department stores, which failed over the holiday season to reverse a decline in same-store sales.
The Carmel-based developer and operator of senior care facilities blamed high start-up costs and a challenging reimbursement environment for decision to pull out of Arizona.
The deal includes a portfolio of 545,000 square feet of medical office space in New York, Florida and Canada, occupied by more than 400 physicians’ practices.
The local Halakar real estate firm no longer is affiliated with Newmark Knight Frank, which has poached a former Halakar co-owner to start an Indianapolis office.
The Indiana Supreme Court has ruled in a landmark decision that Lake Michigan's shoreline is open to all, and adjacent property owners can't exercise exclusive control of the beach between their homes and the water.
Mainstreet Health Investments Inc., a company founded by Carmel-based Mainstreet Property Group, has reached a deal to acquire Care Investment Trust LLC, which owns 42 senior housing and care properties.
The $120 million building will become yet another signature structure in the new Market East district, a section of downtown that until recently featured a sea of parking lots and ramshackle buildings.
The employees will be vacating the downtown Anderson building for seven months.
The university enrolled about 7,600 freshmen this fall, its largest first-year class in more than a decade. Almost 95 percent of them decided to live on campus.
E-commerce giant Amazon plans to build a massive warehouse outside Cleveland on the site of a closed shopping center that was once owned by Indianapolis-based Simon Property Group. The former mall was once billed as the world’s largest.
A Nashville, Tennessee-based company has acquired the 398-unit complex in Castleton and plans to invest $4.7 million in the property.
The city of Indianapolis is hoping to get derelict property owners into shape with new changes to its landlord registry.
House Bill 1133, which would prevent local governments in Indiana from banning Airbnb-style businesses, would give municipalities the ability to require short-term rental hosts to pay for a permit in order to host guests.
The decision comes amid growing opposition to the 15-acre national cemetery project, which opponents say endangers old-growth forest on the northern border of Crown Hill.
A fundraising campaign to restore the 80-year-old "Ayres clock" mounted on the corner of Circle Centre mall at Washington and Meridian streets has been a success.
Historic preservation not-for-profit Indiana Landmarks is leading a fundraising campaign to restore the 80-year-old “Ayres clock” mounted on the corner of Circle Centre mall at Washington and Meridian streets.
A local custom cabinetry designer bought the building on Westfield Boulevard near East 75th Street last year and finished tearing it down late last month.
Most U.S. malls are still dependent on department stores to draw customers, but with consumers doing more shopping online, retail centers are increasingly relying on restaurants, entertainment amenities and even medical facilities to attract traffic.
The Indianapolis-based company is accused of discriminating against families by imposing occupancy limits regardless of square footage.
The theater’s new 10-year lease for the 1927 city-owned landmark on West Washington Street hands management duties to IRT and includes an option to renew for another 10 years.