CBRE awarded management of Chase Tower, PNC Center
The real estate brokerage won the business following a shakeup at Commonwealth REIT, which owns the building. An investor campaign led to the ouster of its board in March.
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Updated renderings: $25M Millikan on Mass project
Developers on Tuesday are set to break ground on the second phase of the $25.4 million mixed-use project, which will include 64 market-rate apartments and 15,000 square feet of retail space.
Flex-office operator adds 58 suites in Mass Ave area
Regus Group plc, which has other locations in the Indianapolis area, has taken more than 10,000 square feet downtown to open its latest flex-office center, where business owners can rent space by the day, week or month.
Sales of U.S. existing homes up 4.9 percent in May
Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year.
Two contractors accused of wage violations accept plea deals
The Marion County Prosecutor's Office has reached plea agreements in two cases in which a contractor was accused of paying workers less than the required wage on publicly financed projects.
Businesses, Kokomo reach compromise on billboards
The city of Kokomo is reaching settlements with billboard owners allowing some of the 15 signs destroyed by a November tornado to go back up.
Westfield scores $20M indoor soccer facility, restaurant
Real estate developer Holladay Properties plans to build a $20 million indoor soccer facility at Westfield's Grand Park, providing a year-round venue at the sprawling sports campus—and a home for south-side institution Jonathan Byrd's first restaurant in Hamilton County.
Plainfield logistics firm to move to new HQ
Plainfield-based Hanzo Logistics plans to move about a half-mile north to a new $17 million headquarters and distribution facility, expected to be complete in September.
Defendant in Land Bank fraud case pleads guilty
One of five defendants in an alleged kickback scheme involving the Indy Land Bank has pleaded guilty in a deal with federal prosecutors.
INDIANA 100: Mainstreet tops fastest-growing companies list
Nursing home developer Mainstreet is the fastest-growing private company in the Indianapolis area.
INDIANA 100: Indiana public companies turned in contrasting performances
Profit shot up for some, while others fought setbacks.
Cottage Home neighborhood attracts another single-family housing project
A local developer plans to build 14 houses in the up-and-coming neighborhood as part of a project that could include a two-story mixed-use development along East 10th Street.
Carmel retailers play defense against U.S. 31 construction
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
Simon promotes longtime treasurer to CFO
Simon Property Group Inc. announced Wednesday the promotion of Andrew Juster to chief financial officer, succeeding longtime CFO Stephen Sterrett.
Wal-Mart to open e-commerce center in Plainfield
The giant retailer said it will build a 1.2.-million-square-foot e-commerce fulfillment facility in the AllPoints Midwest industrial park that will employ up to 303 workers by 2016.
IU advancing demolition plan opposed by city
Indiana University's Board of Trustees is expected to vote this week on a plan to move or tear down six houses in a Bloomington neighborhood that city officials have been trying to protect.
Washington Prime buys Clay Terrace stake from Lauth
Simon Property Group spinoff Washington Prime Group on Monday announced deals worth about $326 million involving at least seven shopping centers, including Clay Terrace in Carmel.
Estate in rural Indiana priced at $8M could be tough sell
Carriage Manor Estate is like one of those houses you see on TV shows documenting the high life of the rich and famous — except it's not located in Beverly Hills, New York or even Indianapolis.
Area home-construction permit filings flatten out
Homebuilders filed 530 single-family building permits in the metro area in May. That’s exactly the same number of permits that were filed in May 2013. Local construction numbers were better than national figures.
Judge finds ‘rational’ reasons for restricting cold-beer sales
Judge Richard L. Young ruled the state has legitimately drawn a line by only allowing liquor stores to sell cold beer.