Tuesday, April 1, 2008

IBJ’s Business Growth Strategies Event


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rightArrow Join us to make sure your business is equipped with the tools for success.

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EVENT DATE: APRIL 30 · LOCATION: THE WESTIN, DOWNTOWN


Registration: 7:15 - 7:45

Breakfast:
8 - 9

Breakout Sessions:
9:15 - 10:15

Breakout Sessions
10:30 - 11:30
Attendees choose 2 sessions:
9:15 & 10:30
All four sessions offered at each time
 
$45 PER ATTENDEE
Corporate tables available
upon request
 
 
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BREAKOUT SESSIONS & PRESENTERS

one BUILDING A PLATFORM FOR GROWTH
Leading with and through others

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presented by MIKE EVANS, CHORUS ®, Inc.spacer
speakerOne spacerDiscover how to grow your top and bottom-line with and through others during this interactive session based on the research of high performing leaders and teams. Maximizing your company's growth is significantly influenced by building a management team that channels its collective energy to reach your most important corporate goals. Explore how you measure up to top performing leaders and learn how to energize your team and go home with more energy at the end of the day. Leading this session is Mike Evans, the founder of CHORUS®, a strategic advisor to executive teams and boards throughout the U.S. and Canada. Mike is an experienced leader in creating platforms for growth by aligning leaders with their business strategy.
two THE CHANGING FACE OF PRIVATE
EQUITY IN INDIANA

Using private equity to build your business
(and gain wealth)

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presented by TOM HIATT, Centerfield Capital Partnersspacer  
speakerOne spacerThomas Hiatt is a Founding Partner of Centerfield Capital Partners, one of the largest private equity firms in Indiana. Centerfield Capital invests in profitable, private companies, typically with revenue between $10 and $50 million. Centerfield is usually a minority investor and provides subordinated debt and equity to help business owners finance acquisitions, grow organically or gain liquidity. Centerfield also helps management teams buy the companies where they work. Centerfield's investors include public pension funds, insurance companies, banks and university endowments. Tom has worked in private equity for more than twenty years, and has served as a director of a number of private and publicly held companies in health care, manufacturing, and business and financial services. He has twice served as President of the Venture Club of Indiana.
three THERE IS NO BOX
Discovering the internal character needed to
achieve ground breaking growth

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presented by TOM HEUER, Fifth Third Bankspacer
speakerOne spacerTom Heuer is currently Corporate Vice President, Director of Executive Team Performance at Fifth Third Bank. He is responsible for maximizing the earnings potential of growth markets by transforming executive work groups into high performing leadership teams. Tom focuses his efforts on facilitating leadership seminars, working with senior team development, coaching high performers, and conducting strategic planning sessions.
four MORE IMPACT/LESS BUDGET
Affordable new approaches that every small business should be thinking about adding to their traditional marketing
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presented by BEN CARLSON, Bradley and Montgomery spacer
speakerOnespacerBen Carlson is the Chief Strategy Officer at Bradley and Montgomery, an independent Indianapolis-based ad agency. BaM works with national brands including JPMorgan Chase, Microsoft, MTV and VH1 on projects ranging from traditional advertising to online buzz campaigns. BaM's campaigns have been profiled in the Wall Street Journal, AdWeek and Fast Company and their airport-based campaign for Chase was named Best In Show at the 2007 Creative Media Awards.

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keynoteSpeaker

Ballard MAYOR GREGORY A. BALLARD

After four months on the job, Mayor Greg Ballard shares his perspective on the state of Indianapolis economy and prospects for private sector growth at a time when local governments across the country are grappling with revenue shortfalls.

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Click Here for individual registration | Click Here for corporate table registration | Click Here for printable registration PDF





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IBJ Real Estate Weekly

IBJRE/IBJRE_Standard
WeeklyEmail2006Nav
Tuesday, April 1, 2008

Simon shareholder wants pay policy changed
A Simon Property Group Inc. shareholder wants the company to be more transparent in how it pays its executives. The shareholder, Central Laborers' Pension, Welfare & Annuity Funds, which holds 1,270 shares, is proposing the company adopt a "pay for superior performance" plan that would include explaining how annual bonuses are calculated and basing pay on comparisons with peer companies. Simon executives are recommending shareholders vote against the proposal, saying that the company already compares pay to peer companies and that performance is measured by more than the company's financial results.    Full Story

Sales/acquisitions
- Minneapolis-based Dougherty Commercial Properties bought two office buildings in Park Fletcher near the Indianapolis International Airport for an undisclosed amount. Park Fletcher One and Two total 161,937 square feet and are 88-percent occupied. The buildings had been owned by Premier Equities of Michigan, which was represented by Tim Hoffman and Gary Woodworth of CB Richard Ellis. It is Dougherty Commercial's first Indianapolis acquisition. CBRE will manage and lease the buildings.

- Lord of the Harvest Church has bought an 8,500-square-foot building at 2828 N. High School Road for an undisclosed amount. Michael Firsich and Rich Forslund with NAI Olympia Partners represented the seller, Rotz Engineering LLC. The buyer represented itself. It was not immediately clear what the church plans to do with the building.

- Booth Business Park, a California-based partnership, has bought two buildings that are part of the Prairie Lakes Shopping Center in Noblesville. One building is 4,000 square feet and is home to a Burger King restaurant. The other is 2,200 square feet and houses a Sherwin Williams paint store. The buildings were owned by Terre Haute-based Thompson Thrift. Jeff Wright of Thompson Thrift represented his company as seller. Brent Hensley of Net Leased Real Properties represented the buyer.

- Schneider Holdings LLC bought a 5,300-square-foot building at 8123 Castleton Road for an undisclosed amount. The seller was Ridgewoods Property Management Inc. The buyer will occupy the entire building. Tom Willey, Harvey Levin and Kurt Mathewson of Coldwell Banker Commercial Realty Services represented both sides in the transaction.

Leases/leasing contracts
- ProKids Inc. leased 17,470 square feet at 6911-6999 Hillsdale Court near Shadeland Avenue and 75th Street. Andrew Martin of Colliers Turley Martin Tucker represented the tenant. Duke Realty Corp. represented itself as landlord.

- CVS has leased 12,900 square feet at 5865 State Road 32 in Noblesville. The drugstore will be the first tenant at Promenade, a mixed-use project on 153 acres being developed by Equicor Co. It is the 11th-largest ongoing construction project in the Indianapolis area, according to IBJ research. Equicor represented itself in the transaction. The tenant was represented by Gershman Brown Crowley.

- Famous Footwear leased 6,600 square feet at 11781 Commercial Drive in Fishers. Adam Crockett of Williams Realty Group represented his company as landlord. Keith Stark of Situs Realty represented the tenant.

- Reese Kitchens leased 2,832 square feet at 11145 N. Michigan Road in Zionsville. Denise Kouril of Williams Realty Group represented her company as landlord, as well as the tenant.

- Great Tans Inc. leased 2,350 square feet at 3115 Meridian Parke Drive in Greenwood. Cindy Hoskinson and Herb Feldmann of Grubb and Ellis Harding Dahm and Co. represented the tenant. Brett Burch of Valenti Real Estate Services Inc. represented the landlord, Pine Tree LLC.

- CitiFinancial Services Inc. leased 2,000 square feet at 6810 S. Emerson Ave. Denise Kouril of Williams Realty Group represented her company as landlord. David Simons of Grubb and Ellis Harding Dahm and Co. represented the tenant.

- Revol Wireless leased 1,200 square feet at 17160 Dragonfly Drive in Noblesville. Adam Crockett of Williams Realty Group represented his company as landlord. Donna Hovey with CB Richard Ellis represented the tenant.

Financials/investments/stock sales
- David Bloom, Simon Property Group Inc. officer, sold 176,200 shares for between $95.09 and $95.67 each, bringing holdings to 27,886.

- Hans Mautner, Simon Property Group Inc. div. officer, acquired 100,956 shares for $26.08 each and sold 84,000 shares for between $92.76 and $96.24 each, bringing holdings to 505,474.
Housing
- Sales of new homes in the U.S. fell 1.3 percent in February to an annual rate of 590,000-a 13-year low-the Commerce Department reported. Sales have declined four months in a row and are down about 30 percent over the prior 12 months. Inventory fell 2.1 percent, to 471,000, the lowest since July 2005. The median sales price fell 2.7 percent in the past year, to $244,100

- The pace of mortgage loan activity increased 48.1 percent last week over the prior week, reports the Mortgage Bankers Association. Refinancings accounted for 82.2 percent of all loans, up 10.6 percent from the week before. Rates fell, with 30-year loans averaging 5.74 percent, down from 5.98 percent, and 15-year mortgages averaging 5.23 percent, from 5.24 percent.

Other news
Market Tower at 10 W. Market St. has received the U.S. Environmental Protection Agency's Energy Star award. It is the second consecutive year that the 30-story building, owned by HDG Mansur and managed by Colliers Turley Martin Tucker, received the award. The Energy Star award recognizes commercial buildings and industrial plants that rate in the top 25 percent of facilities in the country for energy efficiency.

People
Stacy Gillen has joined ReMax of Indiana as director of marketing and promotions.

Charlie Gantz has joined Leading Edge Commercial Real Estate Services as an associate broker.

Correction: Impact Networking LLC leased 11,215 square feet at 8888 Keystone Crossing. The address reported two weeks ago was incorrect.


In this week's Indianapolis Business Journal
- Largest Indianapolis-Area Construction Contractors 
- Largest Indianapolis-Area Ongoing Construction Projects 
- Largest Indianapolis-Area Commercial Interior-Design Firms

Obama taking downtown space
Sen. Barack Obama's presidential campaign plans to temporarily take over one of the city's most prominent retail spaces. The campaign has reached a deal to open an office in Flagstar Bank's former space in Two North Meridian, at the northwest corner of Washington and Meridian streets. Obama for America will use the space through the May primary. The building owner still is looking for a permanent tenant and has been negotiating with New York-based Foot Locker. Hillary Clinton, meanwhile, plans to open several Indiana offices today, including one downtown at 445 N. Pennsylvania St., at the southeast corner of Michigan and Pennsylvania streets.

Compiled by Tracy Donhardt, tdonhardt@ibj.com
Edited by Tom Harton


IBJ Real Estate Weekly hosted and delivered by

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Copyright © IBJ Media Corp. 2007. All Rights Reserved. Privacy Policy
Reproduction or use without permission of editorial or graphic content in any manner is strictly prohibited.
Reprint orders: To request reprint permission contact IBJ's managing editor.
Phone: 317-634-6200 - E-mail: managingeditor@ibj.com


This email was sent by: IBJ Corporation
41 East Washington Street, Suite 200 Indianapolis, IN, 46204-3592, United States of America