Eric Bretzman, an engineer for Chip Ganassi Racing, closed March 1 on the purchase of 40 S. Main and negotiated a new long-term lease with il Villagio, an Italian restaurant that has operated in the 4,000-square-foot building for 10 years.
Efforts by Anderson officials to annex land to create an economic development corridor could be thwarted by a request from property owners who want to become part of the town of Lapel instead.
Carmel is finally ready to redevelop the former Party Time Rental site on Range Line Road, a property in which the city has invested $4 million.
City officials are working on a deal that could result in a new headquarters and downtown station for the Indianapolis Fire Department, a fresh user for a vacant former car dealership, and long-awaited groundbreaking on a $43 million apartment and retail redevelopment on Mass Ave.
Mayor Greg Ballard, in his annual State of the City speech scheduled for Friday, plans to call for new proposals for the downtown site that previously was home to Market Square Arena. The city expects the proposals to include a high-rise building with a major retail component.
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
Some are hoping the structure will lure more business to the neighborhood.
Having rejuvenated Glendale Town Center and Rivers Edge, Kite is turning its attention to Rangeline Crossing in Carmel.
The departure of trucking and auto fleet insurer Baldwin & Lyons Inc. from downtown's Landmark Center to The Congressional in Carmel is a blow for the central business district and a bonanza for Lauth Property Group.
The Indiana securities division accuses Charles Blackwelder, Chad Blackwelder and Cara Grumme of defrauding elderly investors in a scheme to sell ownership interests in rental properties.
The city's Metropolitan Development Commission approved a Wisconsin developer's plan for a $30 million apartment and retail project to be built on the site of the former Woodfield Centre retail strip.
Ambrose Property Group will break ground next month on its first industrial project, a 545,010-square-foot national distribution center for Gordmans Inc.
What are Zeke Turner's top five strategies for keeping his work week under 40 hours? Do you really need work e-mail on your smart phone? What's it like to take a company public? The real estate exec has answers.
Tenants include interior designers, artists, kitchen cabinet firms.
The five-story, $22.9 million building would be constructed on university-owned land at the northeast corner of New York Street and University Boulevard.
An Indianapolis drywall contractor faces criminal charges that he underpaid his employees working on a government housing project, and then falsified documents to cover it up, the Marion County Prosecutor’s Office announced Friday.
An Indianapolis developer’s last-minute bankruptcy filing halted the auction of a struggling downtown condominium project.
Two downtown apartment projects seek critical government approvals in the next month, while another commercial project is on track to start this year.
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.
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.
