Ambrose snags vacancy-plagued Meridian Street property
Ambrose Property Group Inc. is doubling down on the struggling downtown office market by purchasing its second property within six months.
Real Estate
Articles
Milhaus starts project in Oklahoma City
The $42 million project is Milhaus' second mixed-use project outside the Indianapolis area.
Good Earth avoids $1M judgment over Broad Ripple project
Browning Investments had sought to make the health food store and a Broad Ripple resident post a $925,000 bond to cover costs related to construction delays stemming from an appeal related to the apartment-and-retail project.
Kite completes $1.2B Inland acquisition
The deal swells Kite’s roster of properties to more than 130, giving it a higher profile, greater operating efficiencies and more clout in negotiations with tenants.
New airport-area hotel will be rarity in market
Holladay Properties and Schahet Hotels Inc. are partnering on a new full-service Holiday Inn that’s expected to open early next year.
Officials: Indiana’s limestone industry on upswing
The limestone industry is thriving again with many companies reporting orders are up following a drop in business during the recession, a trade association spokesman says.
Regional Operations Center back in business at Eastgate
Indianapolis Public Safety Director Troy Riggs is scheduled to lead a media tour of the reopened Regional Operations Center on Friday afternoon.
First Biglari, now Steak n Shake sign adorns building
The new, five-story Steak n Shake sign replaces the Business Furniture sign that stood guard over Pennsylvania and Maryland streets for decades.
Simon sues insurance companies over fatal escalator accident
The mall manager has filed a lawsuit against two insurance companies claiming they should have covered its loss stemming from a teenager’s escalator fall in 2009.
Finish Line reports strong quarter as same-store sales rise
Sales at stores open at least a year climbed 5 percent, and the company’s website improvements and relationship with Macy’s also helped to drive profit.
East-side associations fight gas-station plan
A property owner’s plans to convert the northwest corner of East 10th Street and Emerson Avenue into a convenience store and gas station are causing consternation among neighborhood leaders who hope to stop the project.
Muncie launches ‘quiet zone’ push to benefit hotel
Muncie's push would benefit a $40 million Courtyard by Marriott hotel slated for a groundbreaking later this year and set to open in fall 2015 just north of CSX Transportation and Norfolk Southern tracks.
Airport in talks with user for 149-acre site
A deal to lease most of the land has momentum, according to an Indianapolis International Airport official. The city had been eying the parcel for its criminal justice complex.
At-Home Quarterly Marketplace
See the prices Indianapolis-area houses are selling for along with the most expensive recent sale, and a map of where people born out of state are most likely to live.
Mansion restoration is dream come true for new owners
David and Alice Berger have sank more than five years of effort into bringing the former Lacy property back to its industrial era grandeur.
Home buyer tastes have shifted since housing bust
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.
Developer requesting $1M over Broad Ripple project delays
Browning Investments Inc. is seeking the damages from opponents of its proposed $30 million apartment-and-retail projects for costs related to construction delays due to a pending appeal.
Democrats want more cops living in tough neighborhoods
A proposal unveiled today would allow officers to live rent-free in new or refurbished houses and then allow the officers to buy the homes.
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.
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.