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Firm drops global affiliation, unifies brand
Inside Indiana Business
Bradley Company recently announced its plan to transition from its NAI affiliation and consolidate the Fort Wayne Office under the brand name "Bradley Company." This final step completes a transition that began on June 1, 2013, when the merger between Bradley Company and Fort Wayne’s NAI Harding Dahm began. By dissolving ties with NAI and aligning the company under one brand, Bradley Company is now able to deliver more extensive and innovative services to the Fort Wayne community and provide local clients with greater opportunities.
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With RPR Mobile™, use your phone’s location to instantly view any property around you, and get listings, sales, valuation ...

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Manufacturers flocking to business parks
The Times of Northwest Indiana
Way back when, opening a new factory in Northwest Indiana was a massive undertaking. Packs of mules had to level dunes on the Lake Michigan lakeshore to make way for the steel mills at the turn of the century. That was before the assembly line had even been invented and long before automation fractionalized the number of workers needed to build stuff.
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Commercial real estate outlook
National Association of REALTORS®
The 2014 quarter 4 Commercial Real Estate Outlook reported that demand is holding steady despite overseas concerns...

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FAA lets 4 companies fly commercial drones
USA Today
Four companies won approval recently to fly commercial drones to conduct aerial surveys, monitor construction sites and inspect oil flare stacks, the Federal Aviation Administration (FAA) announced. The exemptions for Trimble Navigation Limited, VDOS Global, Clayco Inc. and Woolpert Inc. come as the FAA drafts comprehensive regulations for drones to share the skies with passenger planes.
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Developer seeks breaks on $38 million proposal
Inside Indiana Business
An Indianapolis-based commercial real estate development company is seeking preliminary tax abatement approval on a plan that could lead to 200 jobs over the next five years in Indianapolis. PK Partners LLC is looking to invest nearly $40 million into the project. Plans include a 125-room hotel, apartments and an office building the developer says could be the future headquarters of the Indianapolis-based Gene B. Glick Co.
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Airports: The downtowns of tomorrow
National Association of REALTORS®
Once viewed primarily as gateways to cities, airports have emerged as economic engines in their own right — and are fueling rapid commercial and residential development in many parts of the world. That assertion comes from Prof. John D. Kasarda of the University of North Carolina, who during a Nov. 9 session at the REALTORS® Conference & Expo in New Orleans pointed to a host of data about the impact airports are having on global commerce as evidence that “location, location, location” has given way to a new axiom: “accessibility, accessibility, accessibility.”
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Cummins CEO says firm scoped 10 sites for unit headquarters
Indianapolis Business Journal
Cummins Inc. on Dec. 3, unveiled the design for the $30 million global distribution business headquarters it plans to build in the heart of downtown. The following day, CEO Tom Linebarger discussed a broad range of topics with local media, including why the Columbus, Indiana-based company chose the former Market Square Arena site for the project and why it chose architect Deborah Berke Partners over two other New York firms it was considering, SHoP Architects and Tod Williams Billie Tsien Architects.
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Indiana County tax rate to remain steady in final year of reassessment
Tribune-Review
Indiana County residents won't see an increase in their property tax bills under the tentative budget approved for public review by county commissioners on Nov. 19. The real estate tax rate will remain static at 37.4 mills, with 7.4 mills devoted to debt services. The per capita tax remains at $5.
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Funding secured for Purdue project
Inside Indiana Business
HFF announced recently that it has secured $16 million in financing for 516 Northwestern, a 135,397-square-foot, LEED-quality retail, office, laboratory and classroom facility recently completed on the Purdue University campus in West Lafayette, Indiana. Working on behalf of the borrower, 516 Northwestern Associates, L.P., an affiliate of Browning Investments, HFF placed the 25-year fixed-rate loan with John Hancock Life Insurance Company.
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Live Nation reaches agreement to buy Old National Centre
Indianapolis Business Journal
Live Nation has reached an agreement with the Murat Temple Association to buy the landmark Old National Centre entertainment and hospitality venue in downtown Indianapolis. The Beverly Hills, California-based company operates the 2,600-seat Murat Theater, multipurpose Egyptian Room and other venues in the building at 502 N. New Jersey St. under a long-term lease with the association.
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