News

Macy's Inc. said strong holiday and online sales helped push its fiscal fourth-quarter net income up 12 percent. The department store chain's results topped Wall Street's expectations and its stock climbed.

Wal-Mart Stores Inc.'s low-cost strategy during the holidays both helped and hurt its performance in the fourth quarter: The world's largest retailer reported an almost 15 percent decline in profit, but its namesake U.S. business continued to draw in more shoppers.

Indianapolis-based Kite Realty Group Trust today announced it has closed on the $29.4 million sale of its Gateway Shopping Center property in Marysville, Wash.

The Fashion Mall at Keystone is undergoing major renovations, but the closure of part of an access road shouldn't disrupt shoppers much, mall officials say.

The iPhone has been a huge hit for Apple, helping send the company's stock to all-time highs and producing record-breaking profits.

Kevin Croak, co-owner of Harmony Winery in Fishers, has been making wine -- or at least attempting it -- since he was a teenager.

Anchor Commercial Joins Lee & Associates
CoStar Group
By Nadia Chowbay Anchor Commercial, which spent the last five years as an affiliate of CORFAC International, has joined the commercial real estate firm Lee & Associates, one of the largest full-service real estate firms in the country.

Cleveland News - Fox 8
Call for Action: Flushing Your Hot Water Tank
Cleveland News - Fox 8
According to local home inspector Jim Nemastil from Nemastil Home Inspections, if you haven't drained your hot water tank in the past year, chances are good you have sediment building up inside. “Sometimes sediment can be up to eight inches deep in the ...

Homefix: Getting rid of a musty smell
San Jose Mercury News
If following these suggestions fails to remove the odors, then it's time to have a home inspector check for moisture on insulation in the wall and ceiling cavities. The home inspector will use a moisture meter to probe the walls and ceiling.

and more »

Franklin Street Properties Corp. Announces Fourth Quarter & Year End 2011 Results
MarketWatch (press release)
The increase in FFO was primarily attributable to an increase in real estate FFO of $2.1 million and a decrease in investment banking FFO of $1.2 million. The increase in real estate FFO was primarily from three new acquisitions made in March 2011, ...

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YOUR PLACE TO CALL HOME: Home inspections protect your family
STLtoday.com
The only service provider that does not have to meet these standards is your home inspector. Anyone can go into business as a home inspector without obtaining any license or meeting any minimum standards of qualifications. Home inspectors play a vital ...

Kite Realty Group Trust Announces Sale of Gateway Shopping Center
MarketWatch (press release)
INDIANAPOLIS, Feb 21, 2012 (BUSINESS WIRE) -- Kite Realty Group Trust (NYSE:KRG) (the "Company") announced today that it has closed on the sale of its Gateway Shopping Center property in Marysville, Washington for a sales price of $29.4 million.

and more »

Inside INdiana Business (press release)
Association Announces Real Estate 'Projects of The Year'
Inside INdiana Business (press release)
Indianapolis-based Duke Realty Corp. (NYSE: DRE) has been named developer of the year by the Commercial Real Estate Development Association. The organization has also honored three developments as the best real estate projects of the year in Indiana.

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The Fashion Mall at Keystone is undergoing major renovations, but the closure of part of an access road shouldn't disrupt shoppers much, mall officials say.

Bridal show promises latest ideas
Muncie Star Press
Ultimate Body Applicators, Wagner Auctioneering and Real Estate, Cardinal Cupcakes, Saba Appetite Control and Energy Pill, Lori's Lovely Lashes, Heather's Edible Art, Eye Candy Beauty Design, Kishel Photography, Journeys by G, Delaware County Country ...

and more »

New owners may renovate Downtown office building
Indianapolis Star
Two local real estate firms have bought the 100-year-old American Building at 333 N. Pennsylvania St. from the owners of The Indianapolis Star. The Whitsett Group and Ambrose Property Group bought the 10-story office building, which was listed for sale ...

Briefly Around the State + Nation
Indianapolis Star
(Star report) Two local real estate firms have bought the 100-year-old American Building at 333 N. Pennsylvania St. from the owners of The Indianapolis Star. The Whitsett Group and Ambrose Property Group bought the 10-story office building, ...

and more »

Homefix: Getting rid of a musty smell | The Republic
The Republic
If following these suggestions fails to remove the odors, then it's time to have a home inspector check for moisture on insulation in the wall and ceiling cavities. The home inspector will use a moisture meter to probe the walls and ceiling.

Imagine soaks the Sunshine State
Fort Wayne Journal Gazette (blog)
The costly real estate lease agreements entered into by Imagine charter schools, including those in Fort Wayne and Indianapolis, are getting more scrutiny in Florida, where the Tampa Bay Times examined the cost for Imagine school buildings in St.

Commercial construction may be in the doldrums nationally, but not in Downtown ...
Indianapolis Star
A "sustained pipeline" of construction activity is the way Terry Sweeney, vice president of real estate development at Indianapolis Downtown Inc., describes it. "We just have a good mix of (new) projects that have backfilled" the massive Super ...

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