Receiver Sale: Cleveland CBD Office Building | 2019 Renovated

• Across From $218M Tower Redevelopment: Redevelopment brings a 210-room W Hotel, Marriott apartments, and a 38th-floor restaurant/bar.
• 2017 Renovations Across Common Areas: Capital improvements upgraded the lobby, elevators, HVAC, and lower-level walkway connections.
• Steps From Transit and Interstate-90 Access: Located along Erieview Plaza near North Coast Train Station and I-90 for connectivity.
• Three Interconnected Buildings Share Floors: Connected floors include space leased to the City of Cleveland across the complex's three towers.
• Government-Anchored Income From City Tenant: City of Cleveland occupies 116,816 SF, anchoring in-place income with a stable public-sector tenant.
• Value-Add Lease-Up Opportunity at 57% Leased: Roughly 120,000 SF of vacant space offers a new owner immediate upside through absorption.

RealINSIGHT Marketplace, in partnership with Frontline Real Estate Partners, is pleased to present The Fives at Erieview, a 278,772-square-foot, three-building office complex at 55-75 Erieview Plaza in downtown Cleveland. Built in 1968 and renovated in 2017 across the lobby, common areas, elevators, HVAC, and lower-level walkway, the Property is 57% leased and anchored by the City of Cleveland, which occupies 116,816 SF, alongside tenants including The Main Squeeze Cafe, 1144 Legal Group, Sobel Wade & Mapley, Salus Development, APB & Associates, and Sigma of Ohio. The nearly 120,000 SF of available space presents a compelling value-add opportunity for a new owner to drive immediate returns through lease-up. The Property sits directly across from the $218M redevelopment of Erieview Tower into a W Hotel, Marriott luxury apartments, and mixed-use retail, a transformation set to reduce competing office inventory and reposition the submarket into a 24-hour, live-work-play district

Starting Bid $1,750,000

Auctioneer: Thomas Seaman

Auctioneer Company: Auctioneer

Auctioneer License: 2007000016