In a recession-ridden holiday, shop and give locally
When it comes to holiday shopping and charitable giving, act locally.
Real Estate
Articles
Chicago’s Jones Lang LaSalle attracts talented local brokers to establish Indy branch
Some of the city’s most prominent commercial real estate brokers have resigned from locally owned Meridian Real Estate to
launch an Indianapolis affiliate of Chicago-based Jones Lang LaSalle.
Lease-to-own options becoming more popular
With credit tight and the economy shaky, homeowners around the region are increasingly choosing to sell their properties on
a lease-to-own basis.
Bold bets on Hoosier firms yield horrific results so far
The millions of dollars they plunked down to buy stock in local companies over the past two years have shriveled in value,
leaving them way, way below break-even.
Worst auto market in 30 years might force consolidation
New car dealers, usually among the most resilient of all small businesses in weathering economic downturns, are hanging on
for dear life this time around, portending a shakeout among Indiana’s 520 dealers.
Predictions for 2009?
It has been a rough year for most in the real estate business. Home sales dropped precipitously, financing dried up and major projects hit the brakes. Will the carnage continue in 2009? Share your predictions. Blog host Cory Schouten is…
Airport’s ‘Indy 500 Grill’ food mediocre, but Georgio’s Pizza is delicious
This month, we’re breaking our traditional restaurant reviewing format and offering a four-part look at the eateries at Indianapolis
International Airport.
Despite sour economy, retail developers press on
Retail developers always have been an audacious breed. They spend millions to build shopping centers, confident that tenants will flock to fill the slots they didn’t prelease. To charge ahead these days takes more than the usual dose of intestinal fortitude. Everyone is nervous — from shoppers to lenders to retailers, many of which have […]
Y&L ad firm making ‘significant’ staff cuts
Young & Laramore is making what it says are “significant” staff cuts in the wake of losing the Steak n Shake account.
Duke Realty star starts new company
Aasif Bade started Ambrose Property Group with three employees this month.
Exit of anchor complicates Lafayette Square overhaul
The demise of apparel retailer Steve and Barry’s University Sportswear deals another blow to efforts to turn around the ailing
Lafayette Square Mall.
Kosene & Kosene embroiled in 62 lawsuits
Indianapolis developer Kosene & Kosene is battling buyers over a $500 million condo project near Fort Myers.
Hot Box coming to Carmel
The Hot Box pizza chain has reached a deal with a pair of veteran local restaurateurs to open two new locations in Carmel. The first, scheduled to open in January, will…
Automotive Finance Corp. writes off $162 million, reflecting slow auto sales
Slowing auto sales have forced Carmel-based Automotive Finance Corp., which lends money to car dealers to buy used vehicles
at auction, to take a big write-off on the declining value of its loan portfolio.
Self-serve chili could help Charlie & Barney’s grow nationally
Charlie & Barney’s is quietly expanding into unorthodox niches, placing its product in unusual places — like convenience
stores.
HHGregg looks to grow as other consumer electronic businesses falter
HH Gregg has grown from a local to a national consumer electronic store chain and has its eye on expanding further, given
Circuit City’s bankruptcy filing.
Green Mountain entrepreneur compiles 17-percent stake in struggling Noble Roman’s
Robert P. Stiller, a lifelong entrepreneur who built Green Mountain into a wholesale coffee giant with 7,000 customers and
$500 million in revenue, owns 3.4 million shares, or 17 percent of the Noble Roman’s company.
Fishers tables $100M development
An Ohio developer and the town of Fishers have agreed to cancel a 2007 development agreement that called for a $100-million
mixed-use project featuring 250,000 square feet of retail space and 150,000 square feet of office.
Meridian founder steps aside
Veteran office broker John Robinson, one of the founders of locally based Meridian Real Estate, has left the firm and is working
on a new venture.
After a dozen years, Natural Stone Specialist growing seeks more commercial biz
Twelve years after opening Natural Stone Specialists, Laura Christy is still just as passionate about the Carmel-based business,
which
sells high-end stone, metal and glass tiles.