An upscale supermarket chain focused on natural and organic products is taking the former Borders bookstore space at Hamilton Town Center. The store will be the first in Indiana for the privately held chain.
Philo Lange, former managing partner of NAI Olympia Partners, lists nearly $12 million in unsecured claims, almost half of which is owed to PNC Bank, according to court documents.
Wisconsin-based Regal Beloit Corp. has hired Browning/Duke Realty to build a 376,000-square-foot distribution center in Plainfield, the company announced Tuesday.
The two-week continuance granted to remonstrators on Tuesday by the Metropolitan Board of Zoning Appeals follows a previous seven-day delay. The board is set to consider a zoning variance for the $15 million project on May 1.
The agreement to sell the organization’s items online and in stores is part of a multiyear partnership in which Indianapolis-based Finish Line has agreed to lend support to Special Olympics.
Several big changes are in the works at the state’s largest shopping mall, including major expansions for fast-growing chains Forever 21 and H&M.
Net absorption was the highest in five years, chipping away at what has been a chronically high vacancy rate.
Indiana isn’t part of Best Buy’s plan to close 50 stores, the electronics retail chain announced over the weekend.
The collection brings to light a bygone era in advertising when Block's and other big downtown department stores ruled the retail landscape and employed their own fashion illustrators.
A proposal more than a year in the works for an apartment tower along the Central Canal could be nearing a groundbreaking.
The 324-unit Lakes of Carmel apartment complex has been sold, a real estate broker involved in the sale announced Friday. Terms of the sale were not announced, but the property was previously sold in 2006 for $21.8 million.
Purchase agreements in the nine-county area increased 4.9 percent over March 2011. Existing home sales were up 13.3 percent in the first quarter of 2012 and have recorded year-over-year improvements for 11 straight months.
Newly confident buyers seeking to capitalize on low mortgage rates have discovered there’s a scarce supply of well-maintained existing homes for sale and are turning in larger numbers to new homes.
Three years after budget cuts threatened the state-run Indiana Artisan program, the newly independent organization is moving ahead with ambitious plans to broaden its reach—and help artists and food producers build their businesses.
There is a mix of sadness, grief and anger in Beech Grove, as Franciscan Alliance moves the last of its inpatient and emergency operations from its nearly 100-year-old Beech Grove hospital to the new Franciscan St. Francis facility at Stop 11 Road and Emerson Avenue.
Plans call for the vacant, two-story former Bank One Operations Center at the northwest corner of Washington and East streets to be converted into a five-story apartment building with office or retail space on the first floor.
New-home permits in the Indianapolis metropolitan area rose 13 percent in the first three months of 2012 compared with the same quarter last year, bolstered by stronger activity in February and March.
Actual foreclosures sank to a five-year low in March, but the number of homes entering the foreclosure process is on the rise again.
IBJ's Commercial Real Estate Focus sections include statistical snapshots of Indianapolis' multi-tenant office vacancy rates and the local industrial market.
A study commissioned by the office of Mayor Greg Ballard envisions a much more densely populated, walkable downtown core stretched by several blocks and supported by another Circle Centre mall's worth of retail and enough new office space to double the size of Chase Tower.
