Auction set for old Colgate factory in Clarksville
The owner of a closed Colgate-Palmolive Co. toothpaste factory along the Ohio River plans to sell it at auction this fall.
Real Estate
Articles
Parking rates could double under city plan
City leaders expect to select a manager to oversee parking operations within the next week.
Area home sales slide again
July’s 27-percent decline marked the third straight month that home sales have slumped in central Indiana following three
straight months of improving sales spurred by generous federal tax credits.
Noble Roman’s quarterly profit, revenue slips
Noble Roman’s Inc. profit and revenue slipped in the second quarter as fewer of its traditional Noble’s Pizza
and Tuscano’s Italian Style Subs stores were operating.
Judge to order mediation in Simon estate dispute
Hamilton County Judge William J. Hughes said it's clear that all the parties involved in a series of
disputes surrounding
late mall billionaire Melvin Simon's estate need to "sit across the table from each other and try to work things
out."
Girl Scouts selling Zionsville tract, three others
The decision by Girl Scouts to divest the camps follows a consolidation among Girl Scouts councils nationwide in 2007 that
left the local council with a much bigger service area and more real estate.
Lawsuit claims builder broke handicapped rights
The suit against SC Bodner Co. says 16 Bodner properties in eight states violate the Fair Housing Act.
Simon Property plans debt sale to fund tender offer
Simon Property Group Inc., the largest U.S. shopping-mall owner, plans to sell $750 million of notes to fund a tender offer
for outstanding debt for the second time this year.
Browning pulls out of Evansville hotel redevelopment
Indianapolis-based Browning Investments plans to turn the former Executive Inn back over to the city after being unable to
arrange financing for the project.
E-mails show how David Simon faced financial crisis
The first few months of 2009 were not an easy time to be CEO of Simon Property Group Inc. David Simon was feeling pressure
from shareholders, lenders, employees and family members.
Ford dealer celebrates 50-year milestone
This month, Pearson Ford, 10650 N. Michigan Road, is celebrating a rare thing among car dealers: its 50th birthday.
Finish Line founders giving up their extra voting power
The influence of founders’ families in public companies usually wanes over time. But few firms accelerate the process,
as Finish Line is doing.
New-car dealers hit hard in 2009
Indiana lost 49 new-car dealers last year, the biggest thinning of the herd in at least a decade, according to data released
last month by the National Automobile Dealers Association.
INSIDE DISH: Kelties eyes return to salad days
Owner and chef Keltie Domina is relying on cost-cutting, an uptick in sales and her talent for shifting strategies
to dig out of a recession-based deficit.
Shuttered school finding new life as community center
Two years after Indianapolis Public Schools closed School 37, a multimillion-dollar redevelopment project is set to breath
new life into a building that served the Martindale-Brightwood community for 81 years.
New store openings drive HHGregg profit
Indianapolis-based appliance and electronics retailer opened 26 new stores in its fiscal first quarter and earned $2.7 million
in profit.
Kite Realty Group reports lower funds from operations
Indianapolis-based developer said the loss reflected slower construction activity and lower profit on land and outlet sales.
Occupancy at its retail centers increased, however, to 91 percent.
Nordstrom confirms plans to open Rack store in Indianapolis
IBJ first reported in May that Kite Realty Group Trust had recruited Nordstrom Rack and The Container Store as likely anchors of a redevelopment of the Shops at Rivers Edge.
Wellness-based development would be first of kind here
Satori Pointe is being marketed as a campus where medical offices, fitness-oriented retailers and residents would co-exist.
UPDATE: Walgreens goes 0-for-4 in pursuit of liquor permits
Drug store chain pulls two applications, while local board rejects its request to sell booze at a store on East Washington
Street and deadlocks on a 2-2 vote regarding a store on East 86th Street.