Kite Realty sees decline in quarterly results
Indianapolis-based Kite Realty Group Trust on Wednesday reported a fourth-quarter loss on declining revenue.
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Duke Realty sells offices in shift toward industrial
Strategy also calls for greater Southeast presence, less investment in the Midwest.
Lilly’s master plan for downtown (real estate)
As Eli Lilly and Co. outsources work and sheds unnecessary properties, it is making moves with surplus real estate that could establish the strongest physical connection between Lilly and downtown since the company was founded at Pearl and Meridian streets 135 years ago.
Fourth-quarter commercial real estate stats for Indianapolis
Statistics for Indianapolis office and industrial property.
Borders bankruptcy claims downtown bookstore
It seemed inevitable but now it's official: Borders plans to close the downtown Indianapolis store as part of a Chapter 11 bankruptcy reorganization.
Appeals court agrees to hear challenge in Simon case
The Indiana Court of Appeals has agreed to hear an appeal from the widow of the late Melvin Simon, putting on hold a legal dispute over the mall magnate's more than $2 billion estate.
Home construction weak both locally, nationally
Home building in the Indianapolis area fell by more than 30 percent n January over the same month of 2010.
UPDATE: Borders files bankruptcy, to close 2 area stores
Borders will close its downtown-Indianapolis and Carmel stores as part of its plan to shutter about 30 percent of its stores nationally.
INSIDE DISH: Egyptian Cafe posts hot profits, fears smoking ban
Mohey Osman has breathed life into a Middle Eastern tradition at the Broad Ripple eatery and hooka bar, but a state smoking ban could choke the business.
Parking meter replacement set to begin in March
Affiliated Computer Services, which struck a deal late last year to manage the city’s parking meters, will begin replacing meters in downtown Indianapolis and Broad Ripple early next month.
Retail sales rise again despite severe weather
Shoppers pushed retail sales up for a seventh straight month in January, but the increase was the weakest since June.
Whitsett proposes 86-unit downtown apartment project
The $7.2 million project, to be financed with affordable-housing tax credits, involves retrofitting the three-story former Central Restaurant Products building to accommodate one- and two-bedroom apartments.
Glick partners on $30M downtown apartment development
The lead developer on a long-delayed proposal to redevelop the former Bank One Operations Center has landed a powerhouse partner: apartment developer Gene B. Glick Co.
FTD, Groupon get complaints, offer flower refunds
The online coupon site Groupon.com and flower company FTD Group Inc. are offering refunds after getting complaints that a Valentine's Day flower deal wasn't so sweet.
Developer plans $24M second phase for Cosmopolitan
The developer Flaherty & Collins is finalizing plans for a second phase of Cosmopolitan on the Canal that calls for 162 more apartments and 180 parking spaces at a cost of about $24 million.
Marketing entrepreneur’s career takes healthy turn
A rejuvenating massage and facial were the inspiration for Jennifer Rubenstein to found Simply Well LLC, a marketing business that launched the Simply Well Book in September. The book features offers from 46 locally owned salons, organic markets, yoga studios and similar businesses.
Summit Realty Group logo change emphasizes Cushman & Wakefield tie
New branding emphasizes C&W name.
Troubled DiRimini real estate development facing foreclosure
The 31-unit apartment project at the southeast corner of Capitol Avenue and St. Clair Street has been in limbo since city officials found numerous building code violations.
City agency signs off on North of South site plans
Regional Center Hearing Examiner gives blessing to the $155 million development’s master plan. Site plans will go before the Metropolitan Development Commission on March 2.
Local home sales fall again
Home-sale agreements in the nine-county central Indiana region fell 12.2 percent in January compared to the same month in 2010, the ninth straight month in which year-over-year sales slumped locally.