Metro Indianapolis: General Business & Economic News

Started by NextDoorNeighbor, Nov 30, 2023, 02:53 PM

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CNO Financial Group moving from longtime HQ in Carmel

CNO Financial Group Inc. announced Friday that it will move from its longtime headquarters in Carmel to an office building about a mile away that it will share with Carmel-based OpenLane Inc.

CNO plans to move from its campus at 11825 N. Pennsylvania St. in early 2024 and lease about 100,000 square feet on two floors of the OpenLane building at 11299 N. Illinois St. OpenLane was known as KAR Auction Services Inc. until a rebranding last month.

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Calumet Specialty Products to move HQ to Indy's Stutz campus

One of the state's largest public companies is moving its headquarters from the west side of Indianapolis to downtown.

Calumet Specialty Products Partners LP has signed a lease for 52,000 square feet across three buildings on The Stutz campus at 1060 N. Capitol Ave. It plans to move the 200 employees from the company's current west-side home to the new offices.

Specific terms of the lease were not disclosed. According to the Indiana Commercial Real Estate Exchange, the base asking rent for office space in The Stutz is $30 per square foot per year.

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