The owners of the Paoli Peaks ski resort have prevailed in a battle with their landlord, who had sought to squeeze additional revenue out of the 68-acre property by launching a logging operation.
Perry Griffith, the scion of the Griffith family’s Denison Parking empire, is handing the CEO reins to the executive who helped him expand the Indianapolis company to 10 other states in as many years.
Federal and local funds will be used in the effort to reposition manufacturing sites abandoned by GM, Ford, Chrysler and Navistar.
A Marion County judge has denied a legal challenge by the Indianapolis Airport Authority that would prevent a Cincinnati-based developer from opening a competing parking lot near the airport.
DTM Real Estate Services LLC landed management and leasing for Fortune Park buildings 5, 6 and 7 in August, about a year after getting the management contract for a 360,000-square-foot portfolio in Park 100.
Indianapolis Mayor Greg Ballard’s office is reviewing proposals from five commercial property managers that want a crack at running the City-County Building for the next 30 years.
A division of Simon Property Group Inc. is suing Brisbane, Calif.-based Bebe Stores Inc., claiming the women’s clothing retailer owes it $64,000 in unpaid rent.
The Central Indiana Land Trust announced Thursday that it has purchased 55 acres of land south of Mooresville to ensure that it remains protected from future development.
The local developer moved its offices into the building and plans more than $2 million in upgrades to reposition a property that fell on hard times at the dawn of the national real estate crisis.
A Cicero-based developer has signed a national senior-living company to operate four new properties it plans for Indiana.
Munster-based Citizens Financial Bank claims the owner of the building at 1340 E. County Line Road owes $4.1 million on a loan originating from 2002 and is seeking to have a court-appointed receiver manage the building’s operations.
Brent and Matthew Claymon have founded OnSite Space LLC and acquired Indianapolis-based Tyson Corp., to form OnSite Space by Tyson. The brothers sold Pac-Van in 2006 and have returned to the industry after their five-year non-compete expired.
Summit Realty Group assumed management of the 28-story M&I Plaza on May 14, replacing CBRE.
A locally based developer and owner of senior health care centers has filed to go public as a real estate investment trust in Canada.
Anderson officials plan to demolish a former meat-processing plant and convert the 5-acre property into a maintenance and storage area for the wastewater department.
Albert M. Donato Jr., 70, founded the Indianapolis commercial real estate and property management firm in 1988 and most recently served as CEO and board chairman.
Healthcare Trust of America now handles property management and leasing for 29 buildings formerly managed by Hokanson Cos.
Franklin is planning to raise $120,000 by renting the performing arts center and middle school auditorium this year — six times what the district made in rental fees four years ago.
Landlord Circle Centre Mall LLC is suing the restaurant over $77,275.24 in unpaid rent, according to court documents. Circle Centre also sued Bella Vita in June 2010 over $96,523.23 in overdue rent.
Indianapolis-area homeowners are looking to cash in by opening up their homes to visitors for daily prices ranging from about $700 to $9,000, but demand may not come until participants in the big game are settled.
