Lake Wawasee house sale is largest of year for local listing service
Encore Sotheby’s local office represented seller in the $3.8 million sale to a local buyer.
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HHGregg’s new push: Selling treadmills alongside TVs
The appliance and electronics retailer is quietly launching a test of furniture and fitness equipment, with rollouts scheduled for 31 of its more than 200 stores.
FedEx Ground eyeing Zionsville for distribution center
FedEx would bring a distribution complex to Zionsville under a tax increment financing deal hammered out with town redevelopment commission members on Wednesday.
Anderson tests new pavement-recycling process
Anderson is the first city in Indiana to try a process that uses infrared technology to heat and melt existing asphalt, which is then broken up and removed, mixed with fresh oil and returned to the road surface.
Major Westfield development projects making progress
Several big development projects planned for Westfield are under way or awaiting approval, but plans for a retail center at U.S. 31 and 161st Street have been on the shelf for several years due to the economy and road construction.
Investor urges General Growth to pursue being acquired by Simon
Bill Ackman’s Pershing Square Capital Management LP, the second-largest investor in General Growth Properties Inc., urged the mall owner to enter negotiations for a takeover by rival Simon Property Group Inc.
Bell Techlogix landlord buys tech firm’s new headquarters
Philadelphia-based BPG Properties Ltd., which owns the building at 8888 Keystone Crossing that Bell is vacating, has purchased Bell’s new headquarters at 4400 W. 96th St.
Potential for Simon-General Growth deal appears to dim
General Growth Properties' largest shareholder said it won’t pursue a takeover of the company and has no interest in unloading its stake after investor Bill Ackman urged the mall owner to consider a sale.
Steak n Shake loses appeal over franchisee’s pricing
A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
Simon again considering acquisition of shopping mall rival
One of General Growth Properties Inc.'s largest shareholders says Indianapolis-based Simon Property Group has discussed acquiring the Chicago-based shopping mall competitor.
North-side office building falls into foreclosure
A nearly 100,000-square-foot office building on East 46th Street in Indianapolis is in foreclosure after lenders found the owner in default on a $4.5 million loan. A hearing to appoint a receiver to manage the property has been set for Sept. 5.
Software firm Interactive Intelligence needs more space
The call center software maker won’t comment on a report issued earlier this month by Jones Lang LaSalle that said the company is shopping for more than 225,000 square feet of office space.
Ratio Architects pursues design work in China
Indianapolis-based Ratio Architects Inc. has signed an agreement with Zhejiang University Design Institute in Hangzhou, China, in an attempt to pursue design work in the country.
Tech companies converge in Warehouse District
Right On Interactive next month plans to move its 30 employees from 5,000 square feet at 136 E. Market St. to about 7,000 square feet on the second floor of Allen Plaza, the luxury condo complex at 1 Virginia Ave.
West Elm, Free People join new Fashion Mall lineup
Simon Property Group has nabbed some big name, new-to-market tenants for its multi-million-dollar revamp of The Fashion Mall at Keystone.
Package of 16 apartment complexes back on the market
The local Zender Family Limited Partnership again is attempting to sell the buildings after failing to attract a suitable buyer four years ago. The family is expecting better results this time because it’s willing to break up the portfolio and sell the buildings individually.
Historic Market Street building gets new owner
The Corydon Group bought 125 W. Market St. Aug. 2 and will occupy the 4,200-square-foot top floor of the three-story building after renovations are finished in early November.
Wynkoop snags first place in solo agent category
Scott Wynkoop took first place in the solo category of IBJ’s annual list of All-Star Agents for the second straight year.
Custom electronics directory
An IBJ directory of custom electronics installation companies.
Ward takes top All-Star Agents spot again
Bif Ward extended her reign at the top of IBJ’s annual list of All-Star Agents for the fourth year in a row.