Indianapolis office market shows rise in occupancy
The improvement was sparked by growing occupancy in the suburban office market, where the vacancy rate fell from 20.3 percent to 18.2 percent.
IBJ Staff
Articles
Allison Transmission reports higher earnings, sales
Allison Transmission said the increase in sales was mostly driven by the continuing recovery in the North American motor vehicles market and increasing demand for service parts and support equipment.
City christens Market East cultural district downtown
The area—roughly 14 square blocks—anticipates a passel of new development on and around the former site of Market Square Arena.
Existing-home sales slide for seventh straight month
Home prices rose, however, as inventory dwindled. The average area home price in March was $161,191, an increase of 6.1 percent compared with the same month of 2013.
Florida rival scoops up another ex-BrightPoint executive
A competitor that once feuded in court with BrightPoint Inc. over the recruitment of executives has hired another top officer from the mobile-phone distribution and logistics company now known as Ingram Micro Mobility.
Area home- construction permit filings back on the rise
The central Indiana home-construction industry saw its second straight month of improving activity in March following a bitter winter that slowed business.
Cabinet maker plans to hire 262 workers
Jasper-based MasterBrand Cabinets Inc. expects to boost the work force and capacity at its Ferdinand operations, which already employ 1,500.
MEDIA & MARKETING
A magazine catering to the gay community will begin publishing in Indianapolis in June. Unite launched in Nashville, Tenn., in 2013, and plans launches in Bloomington and Evansville later this year, said Publisher Joey Amato. The magazine, which promises to incorporate “a variety of edgy lifestyle content” also publishes a bimonthly magazine known as Unite […]
PROXY CORNER: WellPoint Inc.
Indianapolis-based WellPoint Inc.provides managed care health benefit plans to employers and self-funded customers.
Ulta targets Greenwood for $51M distribution center, 537 jobs
Beauty products maker Ulta Inc. plans to open a fulfillment and distribution center in Greenwood that will employ as many as 537 people by 2018, the Bolingbrook, Ill.-based company announced Thursday afternoon.
Regions revamps Indiana territory as regional banks reshuffle
A second regional bank in the metro area in as many months has announced a change in its state leaders and area boundaries.
Women’s fund launches incubator
A new incubator program intends to start not-for-profits that will serve women between the ages of 18 to 24—a group organizers say has few services specifically tailored to it.
WISH assessing impact of parent’s acquisition
WISH-TV Channel 8 appears to be on solid ground going into a merger of its parent, LIN Media, with Media General Inc.
Autism magazine to stage fundraiser
Noblesville-based Autism Companion Magazine will bring television actress Holly Robinson Peete to give the main speech at the first Have A Heart for Autism dinner on April 23 at the Indianapolis Colts Pavilion, 7001 W. 56th St.
EDITORIAL: Find the money to attack crime
By all accounts, Nathan Trapuzzano was the kind of citizen Indianapolis is trying to recruit.
NFP of NOTE: Trusted Mentors
Trusted Mentors uses the power of person-to-person mentoring to help adults establish stable lives by reducing the chaos brought about by poverty, homelessness, under-employment, and the effects of incarceration.