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.
Real Estate
Articles
LA Fitness proposes facility for corner of 86th and Ditch
A 41,000-square-foot LA Fitness could replace two vacant commercial buildings including the former home of Cinema Grill at the southeast corner of 86th Street and Ditch Road.
Downtown projects face crucial hurdles
Two downtown apartment projects seek critical government approvals in the next month, while another commercial project is on track to start this year.
CIB cuts price on Ober Building after inspections
The Capital Improvement Board of Marion County has agreed to slash its sale price on downtown's Ober Building by $700,000 after inspections showed problems including a leaky roof and damaged HVAC system.
Marsh pilot says he flew former CEO to see mistresses
At least twice a month during the year 2000, the pilot told jurors, he ferried Don Marsh to New York City to visit one of his mistresses. Marsh Supermarkets is suing its former CEO in an attempt to recoup more than $3 million in what it claims are personal expenses.
Influential Marsh director wraps up week’s trial testimony
St. Elmo Steakhouse owner Stephen Huse testified that directors had a hard time keeping Don Marsh focused on a potential sale of the company as it teetered toward insolvency.
Former Marsh CFO sought out bankruptcy lawyers
The former executive of Marsh Supermarkets Inc. said he became so concerned about the company’s deteriorating finances less than a decade ago that he took the desperate step of meeting with bankruptcy lawyers.
Woman sues Kroger, ex-manager over shooting
Christine Nelson was held hostage by a man who was fatally shot as he tried to rob a northwest-side Kroger. She alleges that witnessing the incident caused her "extreme mental anguish and emotional distress."
Don Marsh says he owes more than $500,000 in back taxes
The disclosure came during the fourth day of Don Marsh’s civil trial. The locally based supermarket chain is alleging he used company funds to pay more than $3 million in personal expenses.
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.
Kite sells 3 area buildings in dealmaking blitz
The Indianapolis-based real estate company disclosed the transactions in its fourth-quarter financial report. Kite said it lost $6.5 million in the quarter on nearly $27 million in revenue.
Lack of restraint caused Marsh family’s downfall
What’s extraordinary about the spending spree was that it continued even as Marsh Supermarkets' financial condition grew increasingly precarious.
Marsh defense: Travel was integral to company success
Don Marsh’s testimony on cross-examination Thursday morning revealed a defense strategy to convince jurors that the frequent trips the former CEO took on the company’s dime were more for business than pleasure.
Wal-Mart revisits plan for Greenwood store
A retail giant that lost its bid to build a store in Greenwood nearly a decade ago is hoping local leaders look more favorably on a new proposal to erect a smaller store at the same site.
Bales trial in jury’s hands after colorful closings
During three hours of closing arguments Wednesday in the federal fraud trial of real estate broker John M. Bales and William E. Spencer, a federal prosecutor and two top-tier Indianapolis defense attorneys delivered a series of memorable one-liners and rhetorical flourishes designed to stick with jurors.
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.
UPDATE: Defense takes turn in Marsh civil trial
Don Marsh finally got off the hot seat Wednesday afternoon after his former company wrapped up nearly two days of questioning, but he didn't stay off the witness stand for long.
Jury: Real estate execs Bales, Spencer not guilty of fraud
SOUTH BEND — John M. Bales lifted his crossed hands to his face and began to cry Thursday evening as a federal judge read the same jury verdict on each of 13 fraud counts against the real estate broker and his partner: Not guilty.
Fate uncertain on Sunday alcohol-sales bill
Supporters of ending Indiana's ban on Sunday retail alcohol sales will have to wait at least another week before knowing whether their effort will advance in the Indiana Legislature.
Defense rests in Bales trial after flurry of witnesses
Closing arguments are expected to begin Wednesday afternoon in the federal fraud trial of Indianapolis real estate broker John M. Bales and partner William E. Spencer after the defense raced through seven witnesses Tuesday and early Wednesday.