Horizon Bank gains access to Mass Ave with building purchase
Michigan City-based Horizon Bank bought the two-story building at 302 N. Alabama St. for $1.5 million and is embarking on a “substantial” investment in the property.
Michigan City-based Horizon Bank bought the two-story building at 302 N. Alabama St. for $1.5 million and is embarking on a “substantial” investment in the property.
Indianapolis Colts owner Jim Irsay has pledged to throw the owner of the Blue Crew Sports Grill a lifeline by paying his rent until the football season starts in September.
The town of Zionsville is poised to buy a former PNC Bank branch at the south end of its historic Main Street.
The Indianapolis-based real estate investment trust saw a healthy revenue increase due largely to more signed leases and gains on the sale of three land parcels.
Less than a day after its closure was announced, a Colts-themed restaurant on the far north side of Indianapolis may be getting a reprieve.
Construction paperwork indicates the store will be almost 200,000 square feet and employ 100 people.
The Blue Crew Sports Grill on Indianapolis’ far north side closed its doors Thursday after seven years in business, according to a post on the eatery’s Facebook page.
Milhaus Development is set to begin construction this summer on a $26 million apartment project on College Avenue that will include 236 units. The first ones should be available next spring.
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
The problems that led to the real estate and financial meltdown have not been fixed, and we are less than a generation away from repeating the mistakes.
The unusual nature of the redevelopment and its location are driving strong leasing activity.
The retail center, off East 82nd Street, near Interstate 465 and Allisonville Road, is fully leased and is anchored by HomeGoods, Burlington Coat Factory and Shoe Carnival.
A state filing shows Meijer may be ready to begin constructing a store within Duke Realty Corp.’s Anson development near Whitestown.
Three franchise owners filed suit last month against Steak n Shake, including two on the same day, challenging the company’s policy that they say prohibits them from setting their own menu prices.
Indiana Gasification project manager Mark Lubbers told the Evansville Courier & Press that neither the General Assembly nor Gov. Mike Pence support the project.
The Egg & I joins national chains such as Another Broken Egg and First Watch that have found the Indianapolis area to be an attractive breakfast market.
Keeping its quaint Main Street viable as Zionsville ramps up commercial development elsewhere will require finding just the right mix of retail and service businesses to draw—and keep—customers downtown.
The 112-year-old office building will return to the market in a precarious position, as a major tenant plans to depart.
Retailer push for more space also prompted the Indianapolis-based real estate investment trust to raise its profit forecast.