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Text Version   RSS   Subscribe   Unsubscribe   Archive   Media Kit         May 29, 2014


 



ICBR 24-Hour Broker Transition Course
ICBR
A major bill has been passed by the Indiana Legislature and signed by the governor, paving the way for reform in Indiana's License Laws. This legislation will move Indiana to a single licensure state. Over the next few years, all salespersons licensees will convert to brokers. If you are currently a salesperson, you have until July 1, 2014 to complete the 24-hour broker transition course.
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Rezone should aid commercial developers, ease parking pinch
Indianapolis Business Journal
A proposed overhaul of the Indianapolis zoning code should make life a lot easier for commercial developers. As IBJ reporter Kathleen McLaughlin reported in the May 17 print edition, city planners are preparing to unveil Indy Rezone to the public June 10 at the Central Library.
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Northwest Indiana: The ability to get things done
REJournals
Lori Tubbs, president at Commercial Advantage/JCF Real Estate — a real estate company with offices in Chicago and Merrillville, Indiana — says that the industrial market in Northwest Indiana is like a set of stairs: It's moved steadily up since the glum days of the Great Recession. Part of the reason? It's easier to get commercial deals closed here, whether for industrial projects or any other, Tubbs said.
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Indiana's 4 top cities see big population shifts
The Courier-Journal
Indiana's four largest cities are in the midst of big population shifts, with the state capital leading the way as development in downtown Indianapolis attracts new residents, according to a report from Indiana University demographers.
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HDG Mansur affiliate losing ownership of Market Tower
Indianapolis Business Journal
An affiliate of embattled Indianapolis developer HDG Mansur has been ordered to sell Market Tower, one of the city's largest office towers, after defaulting on loans totaling $60 million. Marion Superior Court Judge Tim Oakes entered the judgment against MT Acquisitions LLC during a recent hearing in which lender Union Bank sought to foreclose on the 30-story building at 10 W. Market St.
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On busy retail corridor, Clearwater Crossing struggles
The Indianapolis Star
Not that long ago, Jay Noel could look out the front window of his candy store at Clearwater Crossing strip mall on East 82nd Street and see a steady stream of people walking by. Many were on their way to a bookstore, restaurant or office-supply store near his Abbott's Also Candy Shop. Some of them would stop in for a box of chocolates or fudge. But in the last few years, customer traffic has thinned and sales are down.
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Cornerstone sinks $4M into Carmel medical office building
Indianapolis Business Journal
A once-struggling medical office building near the U.S. 31 road construction project in Carmel is undergoing a massive makeover of its own that's helped it become fully occupied. Indianapolis-based Cornerstone Cos. Inc. bought the 30,000-square-foot Carmel Medical Pavilion at 13431 Old Meridian St. in January from The Spine Institute — the building's only tenant at the time.
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Firehouse owners plan 2nd site
Palladium-Item
Owners of Richmond's Firehouse BBQ & Blues plan to open a new restaurant, the Firehouse Company 2, in a historic building in downtown New Castle. The new restaurant expected to open in May 2015 is part of New Castle's downtown revitalization project, which involves a complete renovation of the historic Jennings building, built in 1877.
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Commercial Focus
Colby Horton, Vice President of Publishing, 469.420.2601
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Lauren Swan, Content Editor, 202.684.7496  
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