Cincinnati
Archer Daniels Midland Plans 2015 Opening for IT Center in Northern Ky.
Archer Daniels Midland Company, a Chicago-based global food-processing and commodities-trading corporation, plans to establish an IT center in the Northern Kentucky city of Erlanger. The project will create 200 jobs.
Independence M-F Complex Commands Year’s Top Per-Unit Price in $13.8M Deal
Another Cincinnati area apartment building has recently changed hands. On December 11, Marcus & Millichap announced the sale of the Independence Oaks Apartments, an apartment complex in Independence, Ky. Nicholas Andrews, Joel Dumes and Stan Falk, all of Marcus & Millichap’s Cincinnati office, represented both the buyer and the seller in the transaction.
M-F Developers Advance Plans for Nearly 500 Units
To new projects came to attention this month. Together, they will bring almost 500 units to the Greater Cincinnati area.
Gaslight Buys 150-Unit M-F Complex in Clifton
Gaslight Properties has recently acquired an apartment complex in Cincinnati’s Clifton neighborhood, near the city’s downtown. The local apartment rental company bought the The Overlook at Clifton from Providence, RI-based PBE Companies LLC.
$50M DoubleTree Opens in Lawrenceburg
Hilton Worldwide and DoubleTree by Hilton have recently opened another hotel in the Greater Cincinnati area. The DoubleTree by Hilton Lawrenceburg is located at 51 Walnut Street, on the Ohio River.
Artspace Hamilton Lofts Signs 3 Retail Tenants
Artspace Hamilton Lofts is a $11.8 million mixed-use project, currently under development in downtown Hamilton. It is scheduled to open next spring. Recently, its developers announced the signing of three tenants for the retail portion of the project.
Downtown Cincinnati’s Historic 309 Vine Destined for Mixed-Use Makeover
The historic PNC Tower annex building is one of the largest office buildings in downtown Cincinnati. Its future, however, has ”mixed-use” written all over it.
Dunkirk Realty Brings Dayton’s Tallest Tower to Market
A Class A office tower in Dayton’s central business district is now up for sale. Dunkirk Realty Partners, an international commercial real estate investment firm based in Long Island, has recently retained Holliday Fenoglio Fowler to market the Kettering Tower, the city’s tallest building.
Led By Dayton, State Again Tops Trulia’s Ranking of Affordable Housing Markets
Earlier this year, in May, Trulia released a report showing that Ohio was home to some of the nation’s most affordable housing markets for the middle class. Now, as 2014 draws to an end, online residential real estate site has released another report. Although some things have changed, the Buckeye State still remains the home of the most affordable housing markets in the U.S.
Greg Power Acquires Landmark Carew Tower
Greg Power, a commercial real estate broker and investor from Cincinnati, has recently acquired one of the city’s most iconic buildings, the Carew Tower. His first act as new owner was to raise a flag on the flagpole at the top of the 574-foot skyscraper.