Cincinnati
AVANA Capital, Middletown Hotel Management Team on Hotel/Event Center in West Chester
West Chester is getting a new, modern hotel and event center. The project is called Center Park and is developed by Middletown Hotel Management, in partnership with AVANA Capital, a commercial real estate lending company based in Arizona.
Company Expansions to Bring 450 New Jobs Clark, Butler Counties
Southwest Ohio is about to get over 450 new jobs. Two companies have recently announced their plans to expand in the area.
Metro Cincinnati’s Fourth Homewood Suites by Hilton Opens In Mason
Homewood Suites by Hilton has recently opened its newest hotel. Homewood Suites by Hilton Cincinnati Mason, OH is the fourth Homewood Suites by Hilton in the Greater Cincinnati area. It features 115 suites.
Neyer Properties Plans Mini-Lifestyle Center In Green Township
Good news for west Cincinnati. Neyer Properties, a commercial real estate developer based in Evanston, has recently announced it will start construction this month on a 47,000-square-foot mini-lifestyle center in Green Township.
Hines Pays $150M for 6-Building Portfolio as Office Sales Pick Up Steam
Office properties in the Cincinnati area are selling like hot cakes. Multiple properties have changed hands in the region during the first two quarters of the year, as the recovering market attracts more and more investors.
Inland Real Estate Corp., PGGM Buy Phase I of Newport Pavilion
Inland Real Estate Corporation is expending its presence in Cincinnati. In a joint venture with Dutch pension fund advisor PGGM, the real estate investment trust has acquired Phase I of Newport Pavilion, a 471,800-square-foot grocery-anchored power center in Newport, Kentucky. The retail property changed hands for $43.3 million in cash.
Milhaus Development Breaks Ground $13M M-F Project in Cincinnati’s Northside
Milhaus Development finally started construction on the Gantry, a $13 million project expected to revitalize the former lumberyard and railroad depot in Cincinnati’s historic Northside neighborhood. It is the first new construction project of its magnitude to be developed in the Northside community in many, many years.
National Air Force Museum Starts $35M Expansion at Wright-Patterson AFB
The museum’s entire collection occupies more than 17 acres of indoor exhibit space. But this huge area seems to not be enough. At the start of June, the museum broke ground on a fourth building to house aircraft from the Presidential, Research and Development (R&D) and Global Reach collection, as well as a new and expanded Space Gallery.
Rolling Hills Hospitality to Develop 120-Key Hotel at Sharonville Convention Center
At the end of May, the City of Sharonville has signed a deal with Fort Mitchell-based Rolling Hills Hospitality Group to construct a first class hotel at the Sharonville Convention Center, the region’s only Silver LEED Certified, sustainable event facility. The project will cost $14 million. It is part of the transformation of the city’s Northern Lights Entertainment District and is expected to provide a boost to the local economy by attracting more conventions and trade shows.
eBay Plans $52M Expansion in Boone County
eBay Enterprise is looking to expand its operations in Northern Kentucky. Governor Steve Beshear announced on May 29 that the global provider of retail-optimized commerce solutions plans to invest nearly $52 million and build a new fulfillment center in Boone County.