Steak n Shake dispute with franchisees reaches to Denver
The locally based burger chain filed suit late last month to stop a Denver restaurant owner from operating under its logo in a spat over menu pricing. The franchisee is countersuing.
The locally based burger chain filed suit late last month to stop a Denver restaurant owner from operating under its logo in a spat over menu pricing. The franchisee is countersuing.
The Indianapolis-based real estate investment trust took a $5.4 million non-cash impairment charge relating to a $29.5 million loan default on a retail development in Georgia.
A flood of downtown apartments coming on the market is leasing up quickly, but much of the attached retail space continues to languish as some begin to wonder whether the residential boom will create enough retail demand.
Bren Simon is pushing hard for a distribution from the estate now, citing as precedent an Indiana Court of Appeals ruling in another case that “as a matter of policy, beneficiaries should not be starved of distributions to which they are undisputably entitled.”
Dalfen American Corp. of Montreal acquired the 110,000-square-foot building in an auction Wednesday following the bankruptcy of the Plainfield-based game maker.
With business not up to expectations, founder Scott Wise is searching for a tenant to take about 2,500 square feet within the existing 12,000-square-foot space at 1 Virginia Ave.
The company reported a loss of $1.3 million, or 4 cents per share, for its latest quarter, compared with a loss of $5.7 million, or 16 cents per share, in the same period a year ago.
Financial terms of the agreements, announced in a written statement, were not disclosed, but the mortgages involve tens of millions of dollars in debt on retail properties spread throughout the area.
The 30,000-square-foot Youth Arena will debut as the site of 4-H Horse & Pony classes and events. The fairgrounds' newest building will also host livestock shows, draft horse competitions and other events.
The new owners of a pre-Civil War building at 42 E. Washington St. are renovating the historic four-story structure with plans to open a high-end art gallery in October on the ground level.
Judge Sarah Evans Barker issued an order allowing Marsh to keep the severance paid by his former company, which attempted to recover the payments from him. The order ends a four-year court battle between the two parties.
REI Real Estate Services LLC and Perennial Investments say that together they'll invest about $1 million in hopes of getting the office building at 550 Congressional Blvd. fully leased.
The vacant piece of land on the southwest corner of Main and Sycamore streets, once home to a Citgo gas station, is viewed as a vital link between the historic village and development to the south.
Simon Property Group Inc. reported an increase in second-quarter funds from operations, revenue, occupancy and base rents.
Economic development leaders in Fishers are asking the Town Council to OK a six-year property tax abatement to help First Internet Bancorp construct as many as two office buildings.
A local real estate fund manager sued by a former client is fighting the charges by claiming in a countersuit that it’s owed more than $20 million in fees.
Workers ripped out the old fountain and crumbling bricks, and installed a waterproof membrane and new stone pavers to stabilize the plaza until Kite can orchestrate a redevelopment.
Indianapolis residents are getting their first chance to weigh in on proposed protections for the buildings near the city's famed Monument Circle.
A group of executives has acquired majority ownership in HWC Engineering, the Indianapolis-based company announced Wednesday.
The developer has added more apartments on Carrolton Avenue, lowered the height of the building, reduced the number of spaces in the parking garage and modified the architecture.