The Mayor’s Office has quietly agreed to consider selling some of the city’s more than 1,100 properties, including police stations, maintenance buildings and parks, in a bid to raise cash to help balance the budget. The city awarded the potentially lucrative no-bid contract to Venture Real Estate Services, a politically connected real estate firm led by John Bales.
The former Paul C. Stetson School northeast of Fall Creek Parkway and College Avenue could soon find new life as a 47-unit senior apartment complex….
Marvin Harrison is a football superstar, but he sure isn’t a commercial superstar. Harrison had a deal with Degree antiperspirant in the late 1990s and another with the Got Milk campaign following the…
NASCAR driver Tony Stewart is having a pretty bad week. During the same week Stewart was docked 150 points for his team’s efforts to mask his car’s true horsepower at a recent Nationwide…
Indianapolis Indians outfielder Andrew McCutchen is included in a baseball prospects feature in this week’s Sports Illustrated. The print version includes a photo of him shot by team photographer Bill Gentry.
SI…
Workers were trying to figure out what to do next after the city’s compliance department issued a stop-work order this morning on the new Buffalo Wild Wings. The order threatens a $2,500 fine for any company or individual found in…
Buffalo Wild Wings has responded to the city’s beef with its Washington Street façade by submitting a new plan showing the exact design it already constructed. The…
Indiana University basketball coach Tom Crean hasn’t even coached his first game for the Hoosiers, and he’s already breaking records. Yesterday, Crean signed the richest coaching contract in IU history, a 10-year $23.6…
McGowan Insurance Group plans to build a new 19,000-square-foot headquarters on a triangle-shaped property at 340 N. Capitol Ave. where an ealier proposal called for 30 condos and a bank….
A couple things became clear from reader feedback I’ve been getting about a story I wrote regarding dueling sports/talk radio stations for this week’s print edition of the Indianapolis Business Journal. First, fans of WNDE-AM 1260 are much more…
Lucas Oil Products Inc., and its owner Forrest Lucas, are taking a beating from IBJ readers after his request that Indianapolis Colts fans and local media not call the team’s new stadium “The Luke.” Lucas…
Two things are clear from reader feedback I’ve been getting this week about two stories I wrote for this week’s print edition of the Indianapolis Business Journal. First, fans of WNDE-AM 1260 are much more vocal than those of WFNI-AM…
It just keeps getting better for the Indianapolis Indians this season. With attendance already on its way to eclipsing last season’s total of 586,785, the Tribe is getting a boost from two special…
Locally based Duke Realty Corp. is leaving the retail real estate business to focus on its bread-and-butter industrial, office and health care developments. The move will eliminate about six jobs, said company spokesman Joel Reuter. The company’s retail properties represent only about 1.5 percent of its nationwide portfolio, but it has worked on some high-profile […]
UPDATE: The Metropolitan Development Commission overturned the billboard approval, and the city now is looking into whether the existing sign is legal.
The city’s planning staff is challenging a Board of Zoning…
The Indianapolis Colts sell sponsorships like Peyton Manning throws touchdown passes. A lot of the credit goes to the team’s former sales and marketing boss Ray Compton, who sold everything imaginable…
The signs for Leading Edge Commercial Real Estate Services are hard to miss on the south side. And soon, they could be popping up all over central Indiana. The 3-year-old, Greenwood-based brokerage firm has grown from three employees to 14 and now is looking at adding two new offices, including one on the north side. The firm has more than 120 listings, up from about 60 at the start, mostly for office leasing and sales of smaller commercial properties. The…
John E. Huguenard is on a roll. He’s got $1 billion in active industrial listings and is on track to top his $700 million deal volume from last year. The low-key super-broker for the local office of commercial real estate powerhouse Colliers Turley Martin Tucker has closed 17 deals worth a total of $250 million already this year. And that’s no fluke: Huguenard, 45, has sold or leased more than 100 million square feet of industrial property in more than…
The signs for Leading Edge Commercial Real Estate Services are hard to miss on the south side. And soon, they could be popping up all over central Indiana. The 3-year-old, Greenwood-based brokerage firm has grown from three employees to 14 and now is looking at adding two new offices, including one on the north side. The firm has more than 120 listings, up from about 60 at the start, mostly for office leasing and sales of smaller commercial properties. The…
John E. Huguenard is on a roll. He’s got $1 billion in active industrial listings and is on track to top his $700 million deal volume from last year. The low-key super-broker for the local office of commercial real estate powerhouse Colliers Turley Martin Tucker has closed 17 deals worth a total of $250 million already this year. And that’s no fluke: Huguenard, 45, has sold or leased more than 100 million square feet of industrial property in more than…
