Simon Names VP of Luxury Leasing
Simon has hired Velda Turan as vice president of luxury leasing. She has worked for two public retail REITs. Turan has vast knowledge of the luxury retail market and experience with shopping centers on both coasts of the United States. She is graduate of Indiana University with a Bachelor of Science in Public Affairs.
Hope is Not a Plan
This is sobering. A local business broker in Indianapolis reports nine out of 10 business owners who want to sell are turned away. Of the one in 10 that does make it past the first analysis to sell, over half of those company owners don’t get the sale price they hope for or believe the business is worth. Bottom line, hope is not a plan if you want to sell your business.
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State Revenues Continue Higher in September
Indiana revenue in September exceeded projections by nearly six percent, coming in at $1.7 billion. The Indiana State Budget Agency reports General Revenue funds last month were 5.6 percent above projections in April and 6.3 percent higher than September 2018 revenue.
Central Indiana Red Cross Names Executive Director
The American Red Cross has named Britt Sutton the new executive director for its Central Indiana Chapter. Sutton previously served as the director of policy for the Indiana Bureau of Developmental Disabilities Services, specializing in administrative law and policy composition for the Indiana Medicaid Home and Community Based Services Waiver programs.
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United Way Names New Board Members
United Way of Central Indiana has elected Lauren Petersen (pictured) and Johna Norton (pictured) its newest board members. Petersen currently serves as TechPoint’s senior director of relationship management. She graduated summa cum laude from Ball State University in 2011 where she earned a bachelor’s degree in urban planning and development. Norton serves senior vice president, Global Quality for Eli Lilly and Co.
Sun King Brewery to Offer 'Lobstah & Chowdah'
Indianapolis-based Sun King Brewery has chosen a food partner for its new Broad Ripple location and it should appeal to people who enjoy New England seafood. The brewery is teaming up with FK Restaurant Group LLC of Indianapolis, which will offer a new restaurant concept called Offshore.